Cobham's chief executive set to retire
The chief executive of Cobham is to retire at the end of the year, depriving the defence and aerospace manufacturer of a high-profile advocate and manager. Allan Cook, who is currently president of the AeroSpace and Defence Industries Association of Europe, will turn 60 in September and will leave the company four months later.
Financial Times

MoD announces the way forward for Naval bases
Each of the UK's three naval bases will continue to play a vital role in supporting the Royal Navy, Armed Forces Minister Bob Ainsworth said today as he announced the results of a review to seek ways to optimise the services they provide.
MoD Press Release

See also:

New Royal Navy frigates to be based at Portsmouth  The Telegraph

MoD picks Faslane over Devonport as home for submarine fleet Financial Times

Possible naval base land sell-off  BBC News

Navy base faces losing frigates  BBC News

20,000 procurement staff needed at Pentagon

The defence department of president Barack Obama's plans to create 20,000 new procurement roles to help revolutionise how it will buy more than $100bn worth of weaponry each year.

Procurement Leaders

BAE brought to book over ethics at AGM

BAE Systems, Europe's largest defence company, said it expected continued growth this year but faced questions from shareholders over its ethical performance.

The Times

Raytheon Awarded $115 Million for Additional Patriot 'Pure Fleet' Upgrades

Raytheon Company has been awarded a new contract to continue "Pure Fleet" upgrades of U.S. Army Patriot Air and Missile Defense Systems.

Raytheon Press Release

Missile data found on hard drives

Sensitive information for shooting down intercontinental missiles as well as bank details and NHS records was found on old computers, researchers say.

BBC News

U.S. Budgets Over $1 Billion for Chemical/Biological Defense Work

The U.S. Department of Defense will continue to support the advancement of technology to detect and identify chemical and biological attacks well into the next decade. To a large part, research, testing, and evaluation of the technologies that will form the Joint Biological Standoff Detection System (JBSDS) and other supporting systems will be leading the way.