The Military Industrial Complex
February 03, 2012
Obama, foes in military spending cut fight
Washington (AFP) Feb 2, 2012
The White House and its Republican foes clashed Thursday over a law requiring steep cuts to military spending after a congressional "SuperCommittee" failed to agree on long-range deficit reduction. Republicans have stepped up election-year pressure on President Barack Obama to help them roll back the measure, warning that the planned automatic cuts of about $500 billion over 10 years will hurt national security. Republican House Speaker John Boehner said if the cuts go forward, it "would clearly ... read more

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Russia arms exports rise to $10.7 billion in 2011
Russia's foreign arms exports rose to a value of $10.7 billion (8.2 billion euros) in 2011 despite a ban on weapons sales to its former important client Libya, the state arms export agency said Thursday. ... more
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Drop in Northrop sales sign of the times
U.S. defense manufacturer Northrop Grumman Corp. reported sales of $26.4 billion in 2011, a $1.7 billion - 6 percent - drop from 2010 and a sign of the times reflecting cutbacks and lower demand on both sides of the Atlantic. ... more
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Brazil minister heads to India to improve defense ties
Brazilian Defense Minister Celso Amorim is to travel to India this week for talks on boosting bilateral military cooperation, his office announced. ... more
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Bell Helicopter lifted Eurocopter patent: court
A Canadian court has ruled Bell Helicopter infringed on fellow helicopter-maker Eurocopter's landing gear design patent, the companies announced Tuesday. ... more
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France hopes to seal Indian jet fighter deal in nine months
France is confident that it can sign and seal a firm $12 billion deal to supply India with 126 Rafale fighter jets "within six to nine months," government spokeswoman Valerie Pecresse said Wednesday. ... more
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Dassault on tough road to close India fighter deal
India's selection of Dassault Aviation as the preferred bidder for a huge fighter jet deal marks just the start of a long and arduous process for the French firm to secure a final contract, analysts say. ... more
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India selects France's Dassault for major jet deal
India has selected the French firm Dassault over the Eurofighter consortium as the preferred bidder for 126 fighter jets in a major contract estimated to be worth $12 billion (nine billion euros). ... more
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Brazil's Embraer buys EADS share of Portugal's OGMA
Aviation conglomerate Embraer has bought the 30 percent share that European aerospace giant EADS held in Portugal's OGMA aircraft maintenance company, the Brazilian company announced Monday. ... more
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French jet firm makes Swiss new offer: report
French aircraft maker Dassault has made a new offer to Switzerland for its Rafale fighter jets after the government decided in November to buy Sweden's Gripen planes instead, a report said Sunday. ... more
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Philippines flags greater US military presence
The Philippines announced plans on Friday to allow a greater US military presence on its territory, in a move analysts said was directly aimed at trying to contain a rising China. ... more
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Thales Australia and Steyr to work closer
Thales Australia and Austrian rifle manufacturer Steyr Mannlicher have signed an agreement to cooperate on global market opportunities for selling Australian-made and -designed products. ... more
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Military Equipment-to-Simulator Hourly/cost Ratio is Ten to One
The US has observed budget cuts, a situation which is projected to continue in the future. Despite this, North America is expected to account for the largest share of the total global military simul ... more
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Soldier Modernisation Market Worth 804.2 Million Dollars in 2012
New market analysis indicates that the soldier modernisation market will reach a value of 804.2 million dollars in 2012. Militaries around the world are investing in soldier modernisation programmes ... more
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Tanaka pushes for 2012 move of Futenma
Japanese Defense Minister Naoki Tanaka reiterated his hopes that the U.S. Marine Corps Station Futenma can be relocated soon to Okinawa's Henoko coastal area. ... more
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US plans to cut troops, invest in future
The Pentagon on Thursday proposed taking some 100,000 troops off active duty as the debt-ridden United States winds down a decade of war, but vowed new investments to exert power in Asia and the Middle East. ... more
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German firms announce couplings
Krauss-Maffei Wegmann of Germany is strengthening its production of armored vehicles through the acquisition of an EDAG business unit. ... more
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24/7 Energy News Coverage
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Brazil eyes tactical transport jet market
Brazil is speeding its research and development programs to perfect a tactical transport aircraft to rival the C-130 Hercules amid predictions the global market needs no less than 700 substitutes. ... more
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Eurocopter eyes Brazil helicopter exports by 2025
Helicopter-maker Eurocopter wants its Brazilian affiliate Helibras to develop and build aircraft for export to the world by 2025, the company's CEO said in an interview published Wednesday. ... more
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South Korea sweetens pot in jet deal
South Korea has sweetened the pot in a bid to secure a hotly contested $1 billion contract for its T-50 Golden Eagle jet trainer for Israel's air force by offering to buy Rafael Advanced Defense Systems' Iron Dome counter-rocket system. ... more
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US senator questions NATO arms sales to Russia
A senior US senator raised concerns Wednesday about NATO arms deals with Russia, fearing the weapons could be used against American allies and that sales might one day expand to China. ... more
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Canada's military drops stress ball contract
Canada's military - facing belt-tightening, a spy scandal and having recently completed a major combat mission in Afghanistan - on Friday said it wanted 20,000 stress balls, but then abruptly backtracked. ... more
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US veterans face new battle in civilian job market
Vaughn Howard, who spent more than six years in the US Marines and was wounded in Iraq, has now joined the tens of thousands of fellow veterans fighting to re-enter the American job market. ... more
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Israel 'opts for Italian jet in $1B deal'
Israel's air force has reportedly recommended buying Italy's M-346 Master advanced jet trainer, rather than South Korea's T-50 Golden Eagle, to replace its aging U.S.-built A-4 Skyhawks in a fiercely contested $1 billion contract. ... more
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Poland orders new helicopters, upgrades
AgustaWestland's subsidiary in Poland will supply the Polish air force with four new helicopters and will upgrade 14 other aircraft. ... more
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