:

Business/Financial

Fairbanks Morse Defense Launches Program To Nurture And Leverage Emerging Tech Companies

By Cal Biesecker

Wednesday, April 5th, 2023

SHARE:

Fairbanks Morse Defense Launches Program To Nurture And Leverage Emerging Tech Companies

Fairbanks Morse Defense CEO George Whittier. Photo: FMD

NATIONAL HARBOR, Md.—Naval ship engine manufacturer, equipment and services provider Fairbanks Morse Defense (FMD) has begun a program to mentor, partner with and aid startup companies and small businesses that have technologies that it can leverage to better meet the needs of its customers. The FMD Accelerator program already has a small number of participants, including several the company showcased at a maritime conference here that improve the ability to maintain shipboard systems and equipment more efficiently and at reduced…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]