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Defense news for the month was dominated by the Paris Air Show though the deals were outclassed by the record civil aerospace deals. In likely the biggest single defense deal, the Paris Air Show saw Raytheon announce a $1.7 B Direct Commercial Sales contract to upgrade Saudi Arabia's Patriot...
As the financial crisis hit home and governments across the world worked to stave off rising budget deficits, defense departments also had to take a long hard look at expenditure, forcing resizing, postponement or cancellation of major projects. The impact of these decisions started to hit the defense industry...
There's a common misconception in the public sector that U.S. Defense Secretary Robert Gates' plan to cut military spending by $553 billion in 2012 is a decrease in the Pentagon budget. Instead, the U.S. Department of Defense will actually see an increase albeit of less than 1 percent. This...
Companies active in the defense industry must accurately identify technology trends for advanced defense systems, including radar, communications, electronic warfare and EO/IR. Analyzing the financial performance across a range of companies, Strategy Analytics analysis indicates that with defense budgets being cut, the defense industry was in the early stages...
