* The Australian DoD announced the allocation of construction work for the third ship of the $8 billion Air Warfare Destroyer (AWD). * Earlier this week India debarred 4 foreign companies – Israel Military Industries (IMI), Singapore Technologies Kinetics Ltd,...
In February 2012 the Inspector General (IG) at the US Department of Defense released a report [PDF] finding that DOD had awarded hundreds of millions of dollars in Service-Disabled Veteran-Owned Small Business (SDVOSB) program funds to potentially ineligible...
* EADS announced they grew yearly revenue by 7.4% to 49.1 billion euros in 2011 (about $65B). Growth was driven by Airbus Commercial (their best year ever) and Eurocopter (whose revenue was 47% military). The Airbus Military business lost 6.7% from 2010 to 2.5 billion...
* The US Army intends to perform a Service Life Extension Program (SLEP) and On-Condition Cyclic Maintenance (OCCM) on its fleet of 34 Landing Craft Utility 2000 (LCU 2000) vessels. They are in service since 1990 and were originally planned for a 25-year service life,...
* China is officially announcing that its 2012 budget is increasing by 11.2% to about $106B. It is broadly agreed that this significantly understates total military spending. After about 25 years of double-digit growth China is now clearly the second biggest defense...
