* An announcement [in Chinese] from the PRC’s ministry of defense seems to indicate that production of Hongdu’s L-15 Falcon light attack trainers may soon pick up. So far they haven’t delivered more than a few prototypes and early units. According to...
* CBS’ 60 Minutes did a decent job outlining challenges and hot issues in its F-35 report, within the significant constraints of limiting their sourcing to DoD, the program office, the services, and Lockheed Martin. A broader perspective that includes allied...
* A plan for a Chinese military port got planning approval in Hong Kong, despite tensions between residents and the mainland that translate into protests denouncing Chinese “locusts.” * Australia was surprised to see the Chinese navy conduct an exercise in...
* Airbus intends to buy Salzburg München Bank, pending regulatory approval, to turn it into Airbus Group Bank and further the financing options they can offer. In the wake of the 2008 and Euro crises, the company ramped up vendor financing as credit conditions became...
* The US Air Force is reportedly planning to cut more than 18,000 enlisted and almost 5,000 officer positions, many of them in security forces and materiel management. * US Army Chief of Staff Ray Odierno spoke at the Council on Foreign Relations to reiterate that the...
