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  • Romania to Buy F-16s, Rocket Launchers in Support of NATO Spending Commitment - top government contractors - best government contracting event
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    Romania to Buy F-16s, Rocket Launchers in Support of NATO Spending Commitment

    Romania has announced plans to purchase 36 F-16 fighter aircraft and High Mobility Artillery Rocket Systems by 2022, Defense News reported Thursday. “These acquisitions are in the interest of safeguarding the security needs of Romania, but also to respect the government’s commitments in relation to NATO’s structures,” said Adrian Tutuianu, Romania’s defense minister. The European […] More

  • CSIS' Jeffrey Rathke: Italy on Track to Meet NATO Defense Budget Commitment - top government contractors - best government contracting event
    in Industry News, News

    CSIS’ Jeffrey Rathke: Italy on Track to Meet NATO Defense Budget Commitment

    Jeffrey Rathke, a senior fellow and deputy director at the Center for Strategic and International Studies, has said Italy is on track to meet its commitment to NATO guidelines that call on member governments to spend 2 percent of their gross domestic product on defense, the Washington Business Journal reported Friday. James Bach writes Rathke, who is […] More

  • Report: Defense Companies Expect Surge in European Arms Spending - top government contractors - best government contracting event
    in Industry News, News

    Report: Defense Companies Expect Surge in European Arms Spending

    Defense contractors expect an increase in weapons spending as NATO countries work to increase their military budgets amid President-elect Donald Trump’s skepticism about the alliance and his call for U.S. allies to pay more for their own defense, Bloomberg reported Wednesday. Rick Clough writes Lockheed Martin, Raytheon and Thales are among the defense companies whose […] More

  • Report: Poland Seeks to Increase Spending on Space Sector Through New Strategy - top government contractors - best government contracting event
    in Industry News, News

    Report: Poland Seeks to Increase Spending on Space Sector Through New Strategy

    Poland has released a document that provides information on the country’s initial strategy to develop the space industry and related programs, Space News reported Wednesday. Jaroslaw Adamowski writes the space strategy aims to increase the Polish government’s spending on the space sector, develop the country’s first satellite and create a new economic model that would depend on […] More

  • Cisco, Saudi Arabia Sign Digitization Partnership Agreement - top government contractors - best government contracting event
    in Industry News, News

    Cisco, Saudi Arabia Sign Digitization Partnership Agreement

    Cisco has signed an agreement with Saudi Arabia in an effort to facilitate adoption of digital platforms in the country. The company will help Saudi Arabia develop its information, communication and technology infrastructure as well share its experience and skills in the implementation of digital government and connected education and healthcare programs through the memorandum […] More

  • Commerce Dept: US Economy Expanded 3.9% in 2Q, Tops 3.7% Projection - top government contractors - best government contracting event
    in Industry News, News

    Commerce Dept: US Economy Expanded 3.9% in 2Q, Tops 3.7% Projection

    The U.S. economy expanded at a 3.9-percent annual pace in the second quarter of calendar year 2015 to beat the government’s estimate of 3.7 percent reported in August and mark the second consecutive quarter of an upward revision. A 3.6-percent jump in consumer spending and a 4.1-percent increase in construction spending were among the drivers of U.S. gross […] More

  • BEA: US Beats Q2 2015 GDP Advance Estimate, Posts 3.7% Growth - top government contractors - best government contracting event
    in Industry News, News

    BEA: US Beats Q2 2015 GDP Advance Estimate, Posts 3.7% Growth

    The U.S. Bureau of Economic Analysis has estimated the country’s real gross domestic product to have increased at a 3.7-percent annualized rate during the second quarter of calendar year 2015. BEA said Thursday that figure beats the advance estimate of 2.3 percent the bureau released in July. The bureau cites increases in personal consumption expenditures, state and local […] More