Apr 10, 2013 09:20 UTC by Defense Industry Daily staff
◾The US Office of Management and Budget (OMB) is starting to release the FY 2014 president budget request. So far only the long-term overview external link is available, which outlines the terms of a “grand bargain” to replace the sequester. The general release is expected at 11:15am ET, the Pentagon’s media briefing will follow at 1pm ET, and finally the services during the afternoon. DID’s dedicated article will be updated throughout the day.
◾Truck maker Oshkosh will cut external link 200 salaried jobs and 700 hourly workers by the summer, reducing its defense-focused workforce to 2,800 people.
• The UK’s House of Commons Defence Committee looked into what it will take external link [PDF] to secure the future of Afghanistan. Lots of moving parts involved, including elusive institutional and economic progress coming from the Afghans themselves.
• South Korea will start deploying its own external link low tier Korea Air and Missile Defense System (KAMD) in July, according to external link the Yonhap news agency.
• Is China shifting external link its policy towards North Korea? Neither a North Korean collapse nor South Korea and/or Japan acquiring their own nuclear weapons are palatable outcomes for the Chinese.
• India will invest external link Rs 15,000 crore ($3+ billion) to increase worker productivity at the 41 factories operated by state-owned Ordnance Factory Board external link (OFB). That’s more than a year of revenue for OFB.
• India’s government-sponsored Institute for Defense Studies and Analyses explains external link why that country, the largest armament importer in the world, abstained from voting in favor of the UN’s Arms Trade Treaty (ATT).
Leave A Comment