19 Oct 2018

All Alone Now, the Saudis Will Entice Trump with Big Contracts

“After weeks of siding with the Saudi royals—and sending his secretary of state to grip-and-grin with the king—U.S. President Donald Trump finally bowed to public outrage on Thursday and pulled Treasury Secretary Steven Mnuchin from Crown Prince Mohammed bin Salman’s dwindling ‘Davos in the Desert’ conference next week. They were

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16 Oct 2018

Reported L3, Harris merger would create seventh largest defense firm in the world

“A reported merger between L3 and Harris would create the seventh-largest defense company in the world, one which could become a prohibitive favorite for military communication contracts coming from the Pentagon. The potential deal, first reported Saturday by the Wall Street Journal, would be positioned as a merger of two

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10 Oct 2018

America sold $55.6 billion in weapons abroad in FY18 — a 33 percent jump

The U.S. has confirmed $55.6 billion in foreign military sales for fiscal year 2018, a 33% increase over 2017’s sales of $41.9 billion. The head of the Defense Security Cooperation Agency announced that the U.S. is maintaining this upwards projection. While defense spending year-to-year is volatile, largely depending on massive

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01 Oct 2018

To Whom Does Trump’s Arms Exports Policy Give Leverage? Debunking Key Arms Exports Assumptions

A War on the Rocks analysis examines the assumptions and traditional reasoning behind U.S. arms exports market (specifically the Trump Administration’s new Conventional Arms Transfer policy), that is typically seen as strengthening the U.S. economy, security, and providing it with influence on clients/allies. The analysis examines how Trump’s emphasis on

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24 Aug 2018

These 7 Chinese companies each topped $5B in defense sales — and could rival American firms

Identifying the size of Chinese defense firms in terms of revenue is difficult due to China’s secretive defense spending and the firms themselves. A recent think tank report has estimated that seven Chinese defense firms each surpass $5 billion in defense revenues, a sum that would place them in the

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14 Aug 2018

List: 100 largest defense firms around the world

Organized by annual revenue, the list of the largest defense firms in the world is topped by Lockheed Martin, Raytheon, BAE Systems, Northrop Grumman, and Boeing.  Source: The list is here: The largest defense companies on the globe, revealed

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02 Aug 2018

France seeking to boost autonomy from U.S. in its defense exports sector

France relies on a number of U.S. parts for its construction of many defense exports. Recently, U.S. withholding of clearance for a component necessary for a French fighter jet delivery to Egypt has prevented the sale and is encouraging France to explore alternative sources for these parts. As France seeks

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01 Aug 2018

India to spend $1 billion on advanced air defense system from US

India has approved a $1 billion dollar deal to replace India’s aging Russian air defense systems ahead of a September summit between the defense and foreign ministers of the US and India as part of efforts to strengthen defense ties.  Source: India to spend $1 billion on advanced air defense

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13 Jul 2018

Which US aerospace and defense sectors excelled in 2017?

The U.S. aerospace and defense industry accounts for nearly 2% of GDP, generating $865 billion in economic output in 2017. This strong output is reliant on a number of global and domestic economic, political, and even environmental factors. With technology and demand changes, however, sub-sectors shift and move from year

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06 Jul 2018

Why did French arms exports dropped 50 percent from 2016 to 2017?

A combination of uncertainty surrounding the French election and an economic downturn among oil-reliant customers reduced French arms exports from 14 billion EUR in 2016 to 4.9 billion EUR in 2017. The Middle East accounted for over 60% of the 2017 sales, with the Asia-Pacific region taking 17% and the

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