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Saturday, Feb 4, 2012

Today's Defense & Aerospace News

Aerospace Industry Buyers Increasing Procurement Expenditure Over the Next 12 Months

In 2011, suppliers emerged as more optimistic than buyers, with 71% of supplier respondents indicating a rise in optimism as against 52% of buyer respondents with similar expectations. Slow economic recovery, stringent austerity programs including cutbacks on government spending, financing constraints and uncertainty in the market are likely reasons for the lower growth...
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Sustainability Budgets of Defense Organizations Are Expected to Rise by 7% Over the Next 12 Months

From new survey results, it is clear that, for most respondents, sustainability is an important priority in the defense industry, necessary to attract environmentally conscious customers, compete for major contracts and comply with governmental and international legislation. This is reflected by the fact that, on average, respondents expect to allocate 34% of their proc...
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BAE Boldstroke Selected for US Army CIRCM Solution

BAE Systems has been selected by the U.S. Army as one of two contractors to develop the next generation Common Infrared Countermeasure (CIRCM) solution – a lightweight directed infrared countermeasure system for Army, Navy, and Marine rotary-wing aircraft. The 21-month technology demonstration award is valued at $38 million. BAE Systems’ “Boldstro...
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