Bush administration rushing to complete overseas sales

According to an article in the International Herald Tribune; the Bush administration is moving quickly to ok deals for foriegn partners on US weapon systems.  The Pentagon plays a role in organizing and having Congress approve these deals.  There has been a rash of equipment for Iraq and Afghanistan lately as well for former Soviet and Eastern Europe states.  This is seen as building good will with them, as well as counteracting other nation’s attempts to sell weapons.  The deals also help out US contractors.

See the article here.

Defense spending to continue in 2009

September 9, 2008 by Dagpotter · Comment
Filed under: Lockheed Martin 

Lockheed Martin’s CFO, Bruce Tanner, gave an interview to CNNMoney.com. His key point is that with either the election of Senator Obama or McCain there will be no real downturn in defense spending. Many have felt that the Democrat might slash defense spending in order to pay for the other programs he has proposed. The last two Democratic administrations, Carter and Clinton, are not well remembered within the Department of Defense due to their reduction in funding. Both of these administrations cut back heavily on spending, especially in the area of investment for new weapon systems. Read more

Army awards iRobot FCS contract

Among the many parts of the Future Combat System (FCS) is a variety of ground and air unmanned vehicles. iRobot won a $60 M contract from the Army to provide parts of these systems. See the press release here. FCS will have a variety of vehicles, weapon systems, C4I systems and some unmanned systems to provide reconnaissance and intelligence collection. The Army has had success in Iraq and Afghanistan with small systems providing tactical intelligence to units, so this incorporation in FCS is a continued evolution of that effort.