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Business/Financial

Shipbuilder Fincantieri Appoints New CEO For U.S. Subsidiary

Monday, July 7th, 2025

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Shipbuilder Fincantieri Appoints New CEO For U.S. Subsidiary

George Moutafis was appointed CEO of Fincantieri Marine Group by Italy’s Fincantieri, effective July 1, 2025. (Photo: Fincantieri)

Italy’s shipbuilder Fincantieri appointed George Moutafis as the next CEO of U.S. subsidiary Fincantieri Marine Group (FMG), effective July 1. Moutafis succeeds Marco Galbiati, who had served as CEO since July 2022 after a stint as general manager from 2018 to 2022. The company noted Moutafis has over 25 years of executive experience in strategic planning, program management and industrial restructuring in the public and private sectors. Most recently, he served as the chief operating officer and general manager of…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]