China Set To Grab UAV Market While US Restricts Sales
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PARIS: Psst. Hey mister. Wanna buy a UAV? China’s got drones for shooting, drones for intelligence, surveillance and reconnaissance, and drones for target practice. Cheap prices and no arms export restrictions. And China may grab a significant share of the international market for just those reasons, according to a new report by the U.S-China Economic… Keep reading →
Will Europe Ever Build Its Own Fifth Generation Fighter?
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This year’s Paris Air Show promises to be one of the most lackluster for the defense sector in at least a decade. America is sending virtually no military aircraft to fly the all-important afternoon displays: no F-22s, no F-35s, no C-17s, no C-130s. American companies have scaled back their executives’ participation, not because it saves any… Keep reading →
Deloitte Details Bleak Outlook For Global Defense Industry
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Deloitte LLP’s 2013 “Global Defense Outlook,” released today, is basically all bad news. Even the silver linings turned to lead when we talked them over this morning with the chief of the defense practice at the giant consulting firm, retired Air Force Gen. Charles Wald. As US defense spending staggers, there are some other places… Keep reading →