Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
CBO: U.S. industrial base could see Australian investments in 2025 under AUKUS implementation legislation
The U.S. industrial base could receive a $2 billion investment as soon as 2025 if lawmakers pass pending AUKUS implementation legislation before the end of the calendar year, according to a Congressional Budget Office cost estimate.
Stakeholders from large defense prime contractors at a recent industry event emphasized the need for their suppliers to reach compliance with requirements under the Pentagon's Cybersecurity Maturity Model Certification program, while also highlighting how they are working together to provide resources.
Industry groups representing the defense industrial base are highlighting inconsistencies across the federal government over regulations addressing the handling of controlled unclassified information and potential impacts from the Pentagon's Cybersecurity Maturity Model Certification program, in filings to the Office of the National Cyber Director.
Oshkosh's production of the military's Joint Light Tactical Vehicle will continue following another contract from the Army, the Defense Department announced.
Shipbuilder HII has exceeded its annual hiring goal with over 5,000 new hires through the third quarter of 2023, according to company executives, who said they are still working to improve retention rates.
The Army is asking industry for feedback on its "consortium-like" multivendor approach for the modernization of the Advanced Field Artillery Tactical Data System (AFATDS) and Joint Targeting Command and Coordination Suite (JTIC2S).
Leidos has announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024.
Senior defense officials are scheduled to speak around the Washington area and elsewhere this week.
A Pentagon official spoke with Inside Defense about the future of digital engineering yesterday, stating the Defense Department is moving toward "model interconnection" as it updates its digital engineering strategy.