A Department of Defense report has found that defense spending in fiscal year 2023 in all 50 states and Washington, D.C., including DOD contract obligations, payroll spending and grant awards, totaled $609.2 billion, reflecting a $50.5 billion increase from the previous fiscal year and accounting for 2.2 percent of the U.S. gross domestic product. D...
BAE Systems has booked a $184 million contract modification from the U.S. Army to continue producing Armored Multi-Purpose Vehicles in support of efforts to modernize the force. The company said Wednesday the follow-on order covers the delivery of an additional 48 AMPVs outside of the 450 units requested under the initial $797 million full...
The State Department has approved Italy’s foreign military sale request to purchase the Electronic Attack Mission System and related equipment valued at an estimated $680 million. The Defense Security Cooperation Agency said Monday Italy asked to acquire the Electronic Attack-37B mission system and non-major defense equipment, including n...
Honeywell (Nasdaq: HON) has appointed Tony Mitchell, an aerospace and defense executive, as acting chief technology officer of the company’s electromagnetic defensive solutions division. Mitchell announced his new position in a LinkedIn post published Saturday. CAES became part of Honeywell’s EDS division after the multinational conglomerate...
Ron Davis, a cybersecurity and information assurance professional, has been appointed vice president and chief information security officer at ASRC Federal, the company announced via LinkedIn Tuesday. Davis will spearhead the company’s information, technology and cybersecurity efforts, according to ASRC Federal. His responsibilities will inc...
BAE Systems‘ San Diego Ship Repair business has received a potential $225.6 million contract modification from the U.S. Navy to repair, maintain and upgrade an Arleigh Burke-class guided-missile destroyer. Work on the USS Halsey (DDG 97) Fiscal 2024 Depot Modernization Period will be conducted in San Diego, California, until April 2026. the De...
Second Front Systems has appointed technology industry executive Josh Bosquez as chief technology officer and Jason Weiss, former chief software officer at the Department of Defense, as CTO for the public sector. The software company said Thursday Bosquez succeeds Enrique Oti, who will transition to the role of chief strategy officer to advance stra...
Michael Smith, former Lockheed Martin (NYSE: LMT) vice president, was appointed president and CEO of Hanwha Defense USA. The company said in a LinkedIn announcement Monday that Smith brings to HDUSA more than two decades of experience in the aerospace and defense sector and will replace outgoing CEO John Kelly. Smith previously held senior leadershi...
Cubic Digital Intelligence has appointed Casey Gragg, a program management professional in the government contracting sector, as chief growth officer. Gragg announced his appointment in a LinkedIn post published Friday. Before joining Cubic, he was a senior business area manager at Ball Aerospace, which is now part of BAE Systems. The newly appointe...
Joseph Bartasius, a retired U.S. Army colonel and now a senior executive in the defense industry, has joined Data Systems Analysts as chief growth officer, according to his LinkedIn announcement on Sunday. Prior to assuming his current role at DSA, Bartasius served as senior principal for Army sector at General Dynamics (NYSE: GD). He was...
