FI Market Intelligence Library

Lawmakers Trim JLTV Funding
NEWTOWN, Conn. - Senate appropriators have trimmed $31.5 million from the Joint Light Tactical Vehicle (JLTV) development program in the Pentagon's FY11 budget. In the past, the committee has complained that the funding provided...
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Seoul Selects Korean Air to Provide MALE UAV
SEOUL - South Korea has selected Korean Air to provide its military with a new medium-altitude, long-endurance (MALE) unmanned air vehicle. Korean Air (KAL) is the preferred bidder for this system, defeating a rival bid from...
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Abu Dhabi MAR Takes Control of Hellenic Shipyards
NEWTOWN, Conn. - An agreement between German maritime giant ThyssenKrupp Marine Systems (TKMS), the Greek government, and Abu Dhabi MAR was reached on September 16 that finalizes the transfer of majority control of Skaramanga...
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Healthy Sales of the Harris RF-7800V Radio Projected
NEWTOWN, Conn. - The RF-7800V is a very high frequency (VHF), software-operated, handheld military radio manufactured by Harris Corp. Forecast International projects that defense departments worldwide will procure more than...
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Communications & Government Satellites Drive Launch Market
NEWTOWN, Conn. - Forecast International projects the worldwide expendable launch vehicle (ELV) market to be worth $47 billion over the 2010-2019 time-period. The “Market for Expendable Launch Vehicles" study projects 621...
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Ground Combat Vehicle Funding Cut Reflects New Acquisition Strategy
NEWTOWN, Conn. - The Senate Appropriations Committee has cut in half the Army's $934.4 million request for Ground Combat Vehicle (GCV) development funding. The move, however, is the result of a revised acquisition strategy,...
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UAE May Turn Away from Rafale as Interest is Expressed in Super Hornet
NEWTOWN, Conn. - The United Arab Emirates has requested technical information on the Boeing F/A-18E/F Super Hornet, indicating it wants competition in its search to replace its fleet of Mirage 2000-9 jets first purchased from...
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Senate Appropriations Committee Approves Defense Bill; F-35 Engine Battle Continues
NEWTOWN, Conn. - The Senate Appropriations Committee yesterday approved its version of the Pentagon's FY11 spending bill, providing $669.9 billion for the Department of Defense. The bill represents a cut of $8.1 billion compared...
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British Forces End Operation in Sangin, Handing off Security Responsibility to U.S.
NEWTOWN, Conn. - The British military has ended its deployment in the northern Sangin district of Afghanistan's Helmand Province, after just over four years of a British presence in the area. Security responsibility for Sangin...
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Senators Cut Air Force HH-60 Recapitalization Funding in Favor of Operational Loss Replacement
NEWTOWN, Conn. - The Senate version of the Pentagon's FY11 appropriations bill zeroes out a $12.6 million request to fund the combat search-and-rescue HH-60 recapitalization program, a follow-on to the defunct CSAR-X program....
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Airbus Reveals New Logo
PARIS - Airbus has unveiled a new branding. The new logo retains the original ball-shaped symbol that denotes Airbus' expertise as a world-leading aircraft manufacturer while incorporating the modernized typeface adopted by the...