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Global Defense Suppliers’ Outlook Survey 2012-2013
Why was the report written? The report provides data and analysis on global defenseindustry suppliers’ media spend, marketing and sales strategies, and practices and business planning within the global defenseindustry. This report includes key topics such as media channel spending outlooks, media budgets, marketing agency selection criteria, business challenges and sales tactics of leading suppliers [...]
Australian defence contractor sues Israeli defense giant
Local company fights to protect Australian business and defence manufacturing jobs Australian owned defence contractor Faxtech Pty Ltd (trading as “Point Trading”) today struck a blow for the local defence manufacturing industry by issuing legal proceedings against Israeli arms conglomerate Elbit Systems Limited in the Federal Court. Point Trading alleges that Elbit and its subsidiary [...]
24,000 files stolen from defense contractor: Pentagon
A foreign intelligence service swiped 24,000 computer files from a US defense contractor in March in one of the largest ever cyberattacks on a Pentagon supplier, a top Defense Department official revealed. “It is a significant concern that over the past decade, terabytes of data have been extracted by foreign intruders from corporate networks of [...]
US firm pleads guilty to illegal defense exports
A US defense contractor pleaded guilty on Tuesday to one charge of conspiring to illegally export US Defense Department weapons plans to China, in an apparent money-saving scheme, the Justice Department said. From 2004 to 2009 the New Jersey-based Swiss Technology had contracts with the Defense Department to make rifle and machine gun parts to [...]
Hacker group claims hit on US defense contractor
Hacker group Anonymous on Monday released a trove of military email addresses and passwords it claimed to have plundered from the network of US defense consulting firm Booz Allen Hamilton. Anonymous made available a file containing more than 90,000 email addresses and other information it said in online messages that it stole from an unprotected [...]
Pentagon Spent Billions on Contractors that Committed Fraud
In a report prepared for Sen. Bernie Sanders, the Department of Defense disclosed that it paid $285 billion over a three-year span to hundreds of military contractors that defrauded the Pentagon during the same period. “With the country running a $14 trillion national debt, my goal is to provide as much transparency as possible about [...]
New Bill Cracks Down on Foreign Bribery
This week, the House overwhelmingly passed the Overseas Contractor Reform Act (H.R. 5366). The bill, sponsored by Vermont Congressman Peter Welch, would propose debarment for companies and individuals who violate the Foreign Corrupt Practices Act (FCPA), which prohibits the payment of bribes to foreign officials. If this legislation becomes law, it would make the FCPA, [...]
US Spy Operations Become More Reliant on Contractors
The U.S. Defense Department has ordered an investigation into allegations that one of its employees set up a spy network of private contractors to help track down suspected militants in Afghanistan and Pakistan. The allegations, which first appeared in The New York Times, are that Defense Department employee Michael Furlong gathered intelligence on the whereabouts [...]
British Arms Manufacturer Faces Bribery Charges
LONDON: Britain’s Serious Fraud Office announced today it will seek to prosecute the world’s No. 2 defense contractor on charges of corruption in dealings on foreign contracts. BAE Systems is accused of paying out millions of dollars to win arms contracts from a number of countries, including Tanzania, the Czech Republic, Romania and South Africa. [...]
