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Rapid Fire Oct. 16, 2012: Asian Military Spending

Rapid Fire Oct. 16, 2012: Asian Military Spending

* 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...

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Rapid Fire Oct. 15, 2012: Indian Turf

Rapid Fire Oct. 15, 2012: Indian Turf

* 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 (CG 56) ended...

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Rapid Fire Oct. 12, 2012: Icahn Really Wants Oshkosh

Rapid Fire Oct. 12, 2012: Icahn Really Wants Oshkosh

* 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...

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Ukraine, Iraq in $2.5 Bn Weapons Deal

Ukraine, Iraq in $2.5 Bn Weapons Deal

BTR-4, IFV config.(click to view full) In late 2009, reports surfaced that a $2.5 billion defense agreement between the Ukraine and the Iraqi Ministry of Defense could involve 420 of Khariv Morozov's BTR-4 8x8 wheeled armored personnel carriers, 6 of Antonov ASTC/...

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BAE, EADS Terminate Merger Talks

BAE, EADS Terminate Merger Talks

Rejected by governments October. 10, 2012: EADS announces [PDF] that they and BAE have decided to terminate their merger discussions. They confirm what had been widely discussed in the past month, with mounting pressure in recent days: "it has become clear that the...

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Rapid Fire Oct. 9, 2012: Small Airborne Networking Radio

Rapid Fire Oct. 9, 2012: Small Airborne Networking Radio

* German news agency DPA reported earlier today [in German] that talks between EADS and BAE had collapsed because of a lack of agreement between the French and British governments, which "sources close to EADS" later told Reuters is wrong without elaborating further....

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