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Aerospace & Defense News - Defense Asia / Pacific.

New York (AirGuideBusiness - Aerospace & Defense News - Defense Asia / Pacific) Mar 4, 2012

Chinese Computer Games, Keeping Safe in Cyberspace Keeping Safe in Cyberspace By Adam Segal In March 2011, the U.S. computer security company RSA announced that hackers had gained access to security tokens it produces that let millions of government and private-sector employees, including those of defense contractors such as Lockheed Martin, connect remotely to their office computers. Just five months later, the antivirus software company McAfee issued a report claiming that a group of hackers had broken into the networks of 71 governments, companies, and international organizations. These attacks and the many others like them have robbed companies and governments of priceless intellectual property and crucial military secrets. And although officials have until recently been reluctant to name the culprit, most experts agree that the majority of the attacks originated in China. In response, analysts and policymakers have suggested that Washington and Beijing work toward some form of dtente, a broad-based agreement about how countries should behave in cyberspace that might eventually turn into a more formal code of conduct. Proponents argue that the two sidesO long-term interests are aligned, that one day China will be as dependent on digital infrastructure for economic and military power as the United States is today. As Major General Jonathan Shaw, the head of the British militaryOs Defence Cyber Operations Group, has said, ChinaOs Odependence on cyber is increasing, the amount of cyber crime taking place inside that society is huge, and the impact on their economic growth and their internal stability is also going to be huge. . . . ThereOs more common ground than people might suggest.O Feb 27, 2012

The Case for Space. Why We Should Keep Reaching for the Stars By Neil deGrasse Tyson In 2010, U.S. President Barack Obama articulated his vision for the future of American space exploration, which included an eventual manned mission to Mars. Such an endeavor would surely cost hundreds of billions of dollars -- maybe even $1 trillion. Whatever the amount, it would be an expensive undertaking. In the past, only three motivations have led societies to spend that kind of capital on ambitious, speculative projects: the celebration of a divine or royal power, the search for profit, and war. Examples of praising power at great expense include the pyramids in Egypt, the vast terra-cotta army buried along with the first emperor of China, and the Taj Mahal in India. Seeking riches in the New World, the monarchs of Iberia funded the great voyages of Christopher Columbus and Ferdinand Magellan. And military incentives spurred the building of the Great Wall of China, which helped keep the Mongols at bay, and the Manhattan Project, whose scientists conceived, designed, and built the first atomic bomb. In 1957, the Soviet launch of the worldOs first artificial satellite, Sputnik 1, spooked the United States into the space race. A year later, the National Aeronautics and Space Administration (NASA) was born amid an atmosphere defined by Cold War fears. But for years to come, the Soviet Union would continue to best the United States in practically every important measure of space achievement, including the first space walk, the longest space walk, the first woman in space, the first space station, and the longest time logged in space. But by defining the Cold War contest as a race to the moon and nothing else, the United States gave itself permission to ignore the milestones it missed along the way. Feb 27, 2012

Deloitte Touche Tohmatsu Deloitte 2012 Aerospace and Defense Outlook Indicates Optimism for Commercial Aircraft Sector and Caution for Defense. According to the 2012 Global aerospace and defense outlook: A tale of two industries launched today by Deloitte Touche Tohmatsu Limited's (DTTL) Global Manufacturing Industry group, the commercial aircraft sector is likely to enter a prolonged upcycle in production in 2012 as a result of increasing demand for leisure and business travel, particularly in the Asia Pacific region, while the global defense market is expected to experience flat or declining growth due to anticipated decreases in military spending, principally in the United States and Europe. According to the report, the growth in the commercial aircraft industry is expected to be driven by continued production and development of next-generation aircraft programs that aim to address increasing fuel costs. "The commercial aircraft sector has taken an innovative approach to responding to increasing fuel costs," said Tom Captain, Global Aerospace and Defense sector leader, DTTL. "The development of fuel-efficient aircrafts that utilize next-generation engine technology has resulted in a significant rise in aircraft orders. However, certain suppliers will be challenged to keep pace with the expected increase in production rates and new program introductions this year." Meanwhile, continued global economic challenges coupled with revenue gaps and cost pressures may result in margin contraction for global defense players. As a result, the defense sector is likely to undergo more streamlining of its cost structure, divestiture of non-core assets, and additions of gap filling, as well as transformation acquisitions. "Expect to see more aggressive competition for the fewer large defense programs of record, as well as growth in defense sales to India, Brazil, the United Arab Emirates, the Kingdom of Saudi Arabia, Brazil, Japan, and South Korea [ETH] countries with emerging wealth and a need to strengthen their defense capabilities," continued Captain. Overall, the financial performance of the top global aerospace and defense companies in 2012 is expected to be similar to 2011 performance, with the decline in defense revenues offset by cost-cutting and aggressive growth actions. In 2012, the aerospace and defense industry is likely to continue to develop game-changing technology innovations in areas such as cyber-security, directed energy, high-powered microwave weapons, hypersonic missiles, long-range and high-altitude unmanned aerial systems, and extraordinary software that can trace financial transactions of known terrorists. Deloitte Touche Tohmatsu Limited Global Manufacturing Industry group The Deloitte Touche Tohmatsu Limited Global Manufacturing Industry group is comprised of around 2,000 member firm partners and over 13,000 industry professionals in over 45 countries. The group's deep industry knowledge, service line experience, and thought leadership allows them to solve complex business issues with member firm clients in every corner of the globe. Deloitte member firms attract, develop, and retain the very best professionals and instill a set of shared values centered on integrity, value to clients, and commitment to each other and strength from diversity. Deloitte member firms provide professional services to 80 percent of the manufacturing industry companies on the Fortune Global 500[umlaut]. Mar 2, 2012

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Publication:AirGuide Business
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Date:Mar 5, 2012
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