The Gray Report on UK defence procurement
Executive summary of the Gray report on Defence acquisition and the Government's response can be read at Defence Viewpoints
Defence Viewpoints

Damning UK defence equipment review criticises 'infinite demand'
A damning official report has exposed Britain's defence equipment programme as an unaffordable "fiction", prompting ministers to order a radical shake-up at the Ministry of Defence.
Financial Times

Lockheed martin wins new Aircraft contract
Lockheed Martin Corp was awarded a $827,400,000 contract which will provide for the advance procurement funding for three FY10 Air Force C-130J aircraft, four FY10 HC-130J aircraft, and four FY10 MC-130J aircraft.
Defpro

Iraq set to buy Russian weaponry
A military delegation from Iraq will visit Moscow in the near future to discuss the purchase of Russian weaponry, an Iraqi parliament member has said.
RIA Novosti

Thales UK completes major safety installation programme at British airfields
hales UK today announces that it has successfully installed 25 Instrument Landing Systems (ILS) and Distance Measuring Equipment (DME at 23 locations across the UK and at RAF Akrotiri, Cyprus and Mount Pleasant Airfield, Falkland Islands under the UK Ministry of Defence's (MoD's) ILS sustainment programme.
Defpro

Rotating E-Scan Radar May Push Eurofighter Exports
The new "repositionable" electronically scanned radar being proposed for the Eurofighter could make the difference for the fighter in export markets, its designers claim.
Defense News

Nimrod report is most devastating in living memory
The families of the 14 servicemen who lost their lives when Nimrod XV230 burst into flames and crashed in Afghanistan on September 2, 2006, now know that the accident occurred because of years of complacency, safety reviews that were riddled with errors and a general lack of care towards the personnel who had to fly the aircraft in a dangerous environment, such as Afghanistan.
The Times

BAE Systems duels General Dynamics over tanks
BAE Systems and General Dynamics are squaring up over the Fres (Future Rapid Effect System) specialist vehicles contract. On Thursday the groups will pitch their offers to the Ministry of Defence for the £2 billion first slice of the deal, for 600 vehicles. The winner is expected to be in pole position for the rest of the Fres order.
The Times

US politicians face inquiry into arms deals
More than 30 US politicians, among them seven members of a defence procurement committee, are being investigated in congressional ethics inquiries into influence-peddling, according to a document leaked accidentally on to the internet.
The Times

South Africa drops Airbus contract
South Africa has become the first customer to cancel its order for the A400M military transport aircraft from Airbus, dealing yet another blow to the struggling pan-European aircraft programme.
Financial Times

Dassault denies Rafale price cut in Brazil
French aircraft manufacturer Dassault Aviation has denied a newspaper report on Friday that it was cutting the price of its Rafale fighter jet by 40 percent to secure a sale to the Brazilian army.
Reuters

Northrop to sell $1.65 billion unit to private equity
Defense contractor Northrop Grumman has agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co KKR.UL, for $1.65 billion, the companies said on Sunday.
Reuters

Thales wants larger share of naval systems company
Thales is keen to raise its stake in naval systems company DCNS to 35 percent from 25 percent, as systems integration plays an increasingly important part in the design and building of modern warships, said Marc Darmon, head of Thales' naval division.
Defense News

UK 'considering extra Chinooks'
Plans to fast-track a large order of Chinook transport helicopters for Afghanistan are being examined by the government, the BBC understands.
BBC News

Defence work boosts Babcock results
Engineering group Babcock reported better-than-expected first-half results, as defence contracts protected profits from falling sales in the rail business.
The Telegraph

S-300 missile deliveries to Iran under review — Russian official
Russia is still considering the possible deliveries of advance air defense systems to Iran and will not freeze the contract as a concession to the United States, a government official said
RIA Novosti

F-35 changes sought to avert more problems
The USA's top weapons buyer is considering changes for the Lockheed Martin F-35 Joint Strike Fighter programme, seeking to prevent further delays and cost overruns.
Flight Global

MoD may sell aircraft carrier to India to limit cuts
One of Britain's new £2bn aircraft carriers could be sold off under cost-cutting plans being considered by the Ministry of Defence. India has lodged a firm expression of interest, the Observer has learned.
The Guardian

RAF plans huge cuts in aircraft and stations
Air Force chiefs are preparing to cut 10,000 staff — a quarter of their manpower — and close up to five large air stations. The plans will reduce the RAF's strength to 31,000 personnel over the next five years, little more than half the level during the recent Iraq conflict.
The Times