Executive Mosaic is honored to induct Stephen duMont, president of GM Defense, into the 2023 edition of the Wash100 Award for leading company growth efforts through new business establishment and industry and defense collaborations. The award is the first time duMont was named among the Wash100 recipients, who are elite public and private sector individuals […] More

General Dynamics‘ land systems business has tapped General Motors‘ defense subsidiary to support its bid to develop the new military automobiles that will replace the U.S. Army’s Bradley combat vehicles. GM Defense said Wednesday it will work with AeroVironment, Applied Intuition and General Dynamics’ mission systems business as core members of the GD Land Systems […] More

Geoffrey Hitchcock, former vice president of sales and business development at Vantage Robotics, has been named senior vice president of global defense solutions at drone software provider Red Cat Holdings. He will be responsible for identifying business opportunities for the Golden Eagle unmanned aircraft system in the military sector and exploring potential public safety applications […] More

South Korea-based armored troop carrier developer Hanwha and Oshkosh, a maker of military trucks, have partnered to pursue the U.S. Army’s Optionally Manned Fighting Vehicle program that seeks to replace the service's M2 Bradley infantry vehicles, Breaking Defense reported Monday. The Oshkosh-Hanwha team joins the other four confirmed industry groups that have submitted bids for the Army’s OMFV program.

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Errol Farr, former senior director of strategy and business development at AeroVironment, has joined Auterion to serve as the drone software company's vice president for government business development. Farr will oversee business development activities related to Auterion's offerings to security and defense customers, the company said Wednesday.

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A Fortune Business Insights report estimates that the global military drone market will grow to $23.78B by 2027 at a 12.12 percent compound annual growth rate partly driven by the increase in military spending in major world economies.

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Jikun Kim, former chief financial officer of 3D printing technology provider Formlabs, has taken the same role at in-space transportation company Momentus.

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Several U.S. and international companies that include Intelsat formed an alliance to drive the adoption of high-altitude platforms that are designed to operate in the stratosphere and provide network connectivity around the world.

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Brig. Gen. Richard Coffman, director of the U.S. Army’s Next-Generation Combat Vehicle cross-functional team, said the service will begin accepting options for a new optionally manned combat vehicle in January, National Defense Magazine reported Tuesday. Coffman told reporters at an Association of the U.S. Army-hosted event that the service has defined its requirements that will […] More

A Maxar Technologies subsidiary has received a $6.36 million contract from Canada’s department of national defense to provide miniature maritime unmanned aircraft systems to the Canadian navy. The company said Tuesday its MDA subsidiary will also help DND develop training, equipment and resource as well as validate naval tactics and new capability development efforts under the contract. […] More

Research and Markets has projected that technological advancements in the production of military and commercial drones will help fuel the worldwide drone market’s growth to $16.7 billion in value by 2022. The company said Wednesday that efforts by the Federal Aviation Administration and other regulatory agencies to formulate policies that support use of military unmanned aerial […] More

Reportlinker has released a forecast study that the global drone market will grow to reach $16.7 billion in 2022. The predicted growth stems from the increase of drone demand for military and commercial use, and the continuing regulatory efforts on drones, the research firm said Thursday. Drone-producing firms are continuously making technological advancement efforts that may […] More