Defense Business Briefing -- November 29, 2022

Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.

This week's top story

Industry groups urge lawmakers to cut China-based semiconductor ban for federal contracts from defense policy bill

A coalition of industry groups is pushing for Senate Armed Services Committee leadership to drop an amendment from the fiscal year 2023 defense authorization bill that would extend the current ban on federal contractors using equipment and services from Huawei and ZTE to include three Chinese semiconductor companies.

News & notes

Red Cat Holdings to sell non-defense division

Red Cat Holdings announced it has agreed to sell its consumer division to Unusual Machines for $18 million.

Industry coalition urges lawmakers to drop SBOM procurement requirement from major defense bill

A coalition of industry groups is urging congressional leaders to remove a provision in the Senate version of the fiscal year 2023 defense authorization bill that would direct the Defense Department to require a Software Bill of Materials from defense contractors.

Shyu plans industry AI, autonomy event for spring 2023

The Pentagon's chief technology officer is planning to hold a three-day event in the coming months to give industry "visibility" on military spending in artificial intelligence and autonomy as part of an effort to widen communications channels in "areas that have investment across the services."

Appointments & promotions

AIA elects Gentile as board chair

The Aerospace Industries Association announced it has elected Spirit AeroSystems President and CEO Tom Gentile to serve as the organization's chairman of the board of governors for 2023.

What's happening

The week ahead

Senior defense officials are scheduled to speak at several events this week.

For Inside Defense subscribers

How the Navy's DC research lab is developing quantum for advanced military capabilities

As the Pentagon invests in new technologies to maintain a strategic advantage over its adversaries, the Navy is exploring quantum technology to potentially deliver new warfighting capabilities including quantum sensing, computing and network communications.

In northeast Pennsylvania, a key cog in DOD's satellite mission

TOBYHANNA, PA -- Inside a vast warehouse on a plot of land that can trace its Army roots back over a century, computer servers whirr and hum at a volume that makes it difficult to carry on a conversation at regular volume.