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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…

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

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

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 […]