Saturday, 27 May 2017
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defencenews

Eurocopter bids for $8 billion in Indian defence contracts
Eurocopter said Tuesday it was bidding for Indian military contracts worth up to eight billion dollars, including a deal scrapped in 2007 after it was awarded to the European helicopter maker.
AFP

Lockheed Martin may fly to the defence of VT
It has been billed as the battle of the middleweights a dogfight involving two British defence contractors with ambitions to fly into the FTSE 100 but the hostile takeover approach for VT Group from Babcock International to create a 2.3 billion support services powerhouse could yet be a broken up by Lockheed Martin.
The Times

VT seeks shareholder support against rival
Paul Lester, chief executive of VT Group, will take his fight for independence to his shareholders on Wednesday, to fend off an unsolicited 1.14bn ($1.79bn) bid from rival Babcock International.
Financial Times

New CEO for EADS Defence and Security Systems Ltd
EADS Defence and Security Systems Ltd has appointed Paul Watson as its new Chief Executive Officer. He has worked for the company for the past ten years in a number of senior management positions, including Chief Finance Officer
Defpro

U.S. missile shield plans affect new START deal
The new arms deal to replace the START treaty with the United States is 97% ready but U.S. plans for missile defenses in Eastern Europe are affecting the negotiations, the chief of Russia's General Staff said on Wednesday.
RIA Novosti

Pentagon Official Confirms 1-Year Delay For JSF
Pentagon officials on Feb. 16 confirmed Deputy Defense Secretary Bill Lynn's announcement one day prior that the F-35 Joint Strike Fighter (JSF) program will be delayed by about one year.
Defense News

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