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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: military equipment

military equipment stories: 3 news summaries

Analysts: Mac Win Likely
to Hit Defense Firms Harder

He's got the clout and the will to slash budgets

Sep 6, 08 2:10 PM CDT
(Newser) - The defense industry is generally wary of Democratic wins, but this time around it's a Republican victory that may give military industries—and their investors—a complex, MarketWatch reports. A President Obama would be unlikely to give critics of his foreign policy cred ammunition by slashing defense spending, analysts say,... More »

MORE ABOUT:
John McCain • fighter jet • US military • Defense Industry • Army contracts • military spending • Pentagon waste • military equipment

Italian Firm to Buy DRS Technologies

$5.3B sale gives Finmeccanica entry into US defense market

May 12, 08 10:30 PM CDT
(Newser) - Italy's biggest defense contractor has agreed to buy DRS Technologies Inc. for $5.3 billion and grab a share of America's defense market, the Wall Street Journal reports. Finmeccanica will purchase the defense-electronics firm for $81 per share, a 32% premium on share price, pending approval by Washington. The deal... More »

MORE ABOUT:
mergers and acquisitions • electronics • military equipment • Military-Industrial Complex

More US Troops Outfitting Themselves for Combat

With slow supply chain—and style—among concerns, market grows to $150M annually

Mar 6, 08 1:39 PM CST
(Newser) - US troops are increasingly augmenting their military-issue gear with higher-end commercial products to gain an extra edge—and look sharp, the Christian Science Monitor reports. The military has encouraged the trend, perhaps in response to the equipment shortages that have dogged the Iraq and Afghanistan war efforts, loosening procurement rules... More »

MORE ABOUT:
Iraq • Afghanistan • privatization • House Armed Services Committee • Iraq war • supply chain • military gear • military equipment • Commando Military Supply • Tactical Tailor • Oakley • Gore-Tex • Operation Helmet • DefenseWatch • Iraq war spending

3 Stories


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