Defense Business Briefing -- Sept. 5, 2023

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

This week's top story

IFS buys Falkonry

IFS announced it has agreed to acquire Falkonry, a California-based artificial intelligence software company that provides automated, high-speed data analysis to the manufacturing and defense industries.

News & notes

Air Force plans to collaborate with industry on tanker recapitalization program

The Air Force is planning to release a "draft system requirements document for the KC-135 replacement aircraft system" later this month, according to a Sept. 1 notice.

HII awarded $155 million for DDG-1000 modernization and CPS integration

HII's Ingalls Shipbuilding division has received a $154.8 million contract modification for the modernization of the Navy's lead Zumwalt-class destroyer, beginning the integration of the hypersonic Conventional Prompt Strike weapon system onto the ship, according to an Aug. 29 contract announcement.

Army awards BAE $797M full-rate production AMPV contract

The Army has awarded BAE Systems a $797 million contract for full-rate production of the Armored Multi-Purpose Vehicle, the company announced Friday. The total contract amount is worth up to $1.6 billion if additional options are exercised.

Army awards RTX $277M Excalibur replenishment contract

The Army has awarded RTX, formerly Raytheon Technologies, a $276.5 million contract modification for the procurement of Excalibur 155mm projectiles.

What's happening

The week ahead

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

For Inside Defense subscribers

DOD launches domestic cruise missile defense program to protect U.S. cities, 'critical' sites

The United States -- which since the advent of flight more than a century ago has relied on two vast oceans as a buffer against adversaries attacking U.S. citizens and soil with low-flying aircraft and missiles -- this summer began designing a next-generation domestic air defense system to protect cities and critical infrastructure from Russian and Chinese cruise missiles.

Columbia-class sub included in White House's CR 'anomalies' request

The White House is asking Congress to avert a looming government shutdown by passing a stopgap continuing resolution that, among other things, would include authority for the Defense Department to spend money on the Columbia-class submarine program to avoid a 20-month delay, according to the Office of Management and Budget.