* The Center for Strategic & International Studies (CSIS) published a study [PDF] of defense spending in Asia since 2000. Spending growth has accelerated over the second part of the period, led by China and Japan, with China doubling its share to 40% of regional...
* The US Army and Air Force had their fight over Army attack helicopters a long time ago. India’s services are just having theirs – and the Army won. * The US Navy is investigating how submarine USS Montpelier (SSN 765) and Aegis cruiser USS San Jacinto...
* Investor Carl Icahn made an offer on the Oshkosh shares he does not already own for $2.7B, valuing the overall firm at $3B. With his current stake of about 9.5%, Icahn is the largest shareholder, but his proxy battle back in January failed. This follows a consistent...
After you, big guy * Analysts see prime contractors hunkering down rather than consolidate, after the failed BAE-EADS merger. Acquisitions or mergers involving tier 2 players are more likely. * The US Air Force’s Air Mobility Command recently conducted flight...
* Democrats from the House Appropriations Committee published their estimates of the consequences of sequestration not just on defense, but as DID recently half-jokingly predicted, with an increasingly broad scope and dire consequences. If the loss of 1 million 2...
