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Business/Financial

BAE Systems Promotes Two Executives

By Cal Biesecker

Thursday, June 28th, 2012

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BAE Systems yesterday said Tom Arseneault has been appointed executive vice president, Product Sectors and chief technology officer. Larry Prior, who currently serves as executive vice president, Service Sectors, has been named chief operating officer for BAE Systems Inc. “Both Tom and Larry are proven and trusted leaders, and I look forward to partnering with them in their new roles to further improve our performance, leverage our remarkable people and capabilities, and maximize our cost-competitiveness to satisfy our customers’ needs…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

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Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]