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Developments in March included Freescale’s continued expansion of its defense product portfolio and Raytheon’s demonstration of GaN-on-Diamond device technology. Major contract activity included South Korea’s stated intent to purchase Lockheed Martin F-35s and Northrop Grumman Global Hawks while both Airbus and Boeing look set to benefit from a $23 billion Qatar re-equipment plan. Activity across the radar, EW, communications and weapons systems categories included contracts for ground penetrating radar, interoperability testing of radios with the MUOS satellite communications network and Anglo-French collaboration on the development and production of a joint Anglo/French light anti-ship missile.
Ongoing activity in March and April included mergers and acquisitions, product launches and milestones, as well as seemingly healthy contract activity, but financials continue to emphasize the difficulties faced by the defense industry. Strategy Analytics Advanced Defense Systems (ADS) service reports, "Defense Electronics Industry Review: March 2013," and "Defense Electronics Industry Review: April 2013," detail significant defense industry news, including product announcements, milestones, contract activity and defense industry financial performance as the first quarter of 2013 came to a close.
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