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An economic slowdown might be the only way to fill job vacancies, says Raytheon CEO.

La commission européenne va consacrer 1,2 milliard d'euros pour accélérer une soixantaine de projets européens de défense menés en coopération....-aero-spatial

“APFIT holds great promise to transform the way the Department procures next generations solutions,” Heidi Shyu, undersecretary of defense for research and engineering, said. “This pilot program is well positioned to be a key asset as we continue to work to bridge the valley of death."

'€œIn the nearly 22 years that I've served in Congress, we have come a long way in cyberspace,'€ said Rep. Jim Langevin, D-R.I.

Today

By Alan Williams In the recent debate over Canada's troubled defence procurement system some have advocated for the need for more flexible rules to expedite delivery of military equipment. For example, the suggestion has been made that there is a requirement to provide Treasury Board Ministers with the ability to recommend waiving or amending policies to allow military equipment to be purchased to meet urgent requirements. Such action is unnecessary as the government currently has this capability. Under section 513 1 (d) of the Canadian Free Trade Agreement (CFTA), the government can bypass competition and sole source acquisitions when, “if strictly necessary, and for reasons of urgency brought about by events unforeseeable by the procuring entity, the goods or services could not be obtained in time using open tendering.” This clause is often used to provide the military with the goods and services it needs during wartime.

LMI has sold its for-profit subsidiary in a bid to accelerate its growth.

While rising inflation rates threaten DoD's purchasing power, congressional politics around a continuing resolution to start FY23 could exacerbate inflation's impact on the defense budget.

Among the envisioned equipment investments are hybrid armored vehicles, with a Griffon-centric program serving as the prototype for future trucks.