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Rapid Fire 2010-12-22: Raytheon Buys Applied Signal

Rapid Fire 2010-12-22: Raytheon Buys Applied Signal

* Raytheon pays hefty fee of $490 million to acquire military cybersecurity firm Applied Signal after intense bidding war. * Germany's Wegmann Group acquires Siemens AG's 49% stake in land vehicle leader Krauss-Maffei Wegmann GmbH & Co. KG (KMW). They will become the...

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US Navy Orders Cell Phone Services, Dec. 2010

US Navy Orders Cell Phone Services, Dec. 2010

(click to view full) The US Navy's Fleet and Industrial Supply Center in San Diego, CA has awarded 4 indefinite-delivery/indefinite-quantity multiple award task order contracts for wireless service and devices. The maximum dollar value for all contracts, including the...

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Rapid Fire 2010-12-21: USAF AETC Support

Rapid Fire 2010-12-21: USAF AETC Support

* Key senators push for passage this week of the House-passed FY 2010 defense authorization bill [PDF]. * Ignoring Pentagon chief Gates plea, the Senate plans to vote on a continuing resolution extending government spending at current levels only through Mar 4/11;...

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Rapid Fire 2010-12-20: Optical Terminals

Rapid Fire 2010-12-20: Optical Terminals

* Tensions rise as South Korea conducts live-fire drills near Yeonpyeong Island, the site of the North's earlier attack. * USA's Ground Based Midcourse Defense system against long-range ballistic missiles misses its target in a recent test. * Chinese documents seen by...

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Rapid Fire 2010-12-17: Interagency Collaboration

Rapid Fire 2010-12-17: Interagency Collaboration

* Pretty please: Pentagon chief Gates says failure of Congress to pass $1.1 trillion FY 2011 omnibus spending bill (which includes defense) would jeopardize "vital military requirements." FY 2010 ended Sept 30/10. * US GAO releases "National Security: An Overview of...

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Rapid Fire 2010-12-16: US Aerospace 2010 Sales

Rapid Fire 2010-12-16: US Aerospace 2010 Sales

* Robust military aircraft sales offset decline in commercial aircraft sales, as US aerospace industry sales [PDF] reach a record $216.5 billion in sales this year. * Royal Navy to withdraw HMS Illustrious strike carrier from service in 2014, eliminating all carriers...

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