Defense Business Briefing -- June 4, 2024

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

This week's top story

NATO looks to give global arms industry clearer demand signals by sharing defense plans

U.S. NATO Ambassador Julianne Smith said the alliance intends to make new defense production announcements at a key summit in July that could give arms manufacturers insight into NATO's defense planning guidance in the hopes the information will serve as a multiyear "demand signal" to spur new investments in munitions capacity.

News & notes

HII CEO talks bolstering workforce, fighting back against delays

Labor is shipbuilder HII's "biggest risk," CEO Chris Kastner said last week, and the company is implementing several programs and incentives to mitigate this -- amid a decline in the company's workforce following the COVID-19 pandemic.

DIU, Air Force Armament Directorate announce four companies selected for enterprise test vehicle project

The Defense Innovation Unit and the Air Force Armament Directorate (EB) announced today that the partnership selected four companies that will support their Enterprise Test Vehicle (ETV) project.

Marine Corps seeks additional vendors capable of building remote turret system for ACV-30

The Marine Corps is testing the waters to see if any additional vendors can produce a remotely operated turret system for the Amphibious Combat Vehicle 30mm cannon variant, according to a sources-sought notice.

Army awards $480M contract to Palantir for Maven Smart System prototype

Palantir has received a $480 million contract to supply the Army with its Maven Smart System prototype, the Defense Department announced.

What's happening

The week ahead

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

For Inside Defense subscribers

DIU updates Blue UAS program, adding new systems

After receiving user feedback, the Defense Innovation Unit has updated its Blue Uncrewed Aerial System program, including adding approved capabilities to its "Blue List," increasing the program's framework options and reducing update approval time through consistent software monitoring.

Sentinel SLP-A finds FY-25 new-start backing in draft legislation

The Air Force has secured backing in draft legislation for new-start procurement authorization in fiscal year 2025 of the Secondary Launch Platform-Airborne (SLP-A) for the Sentinel intercontinental ballistic missile program, even as the Pentagon works to revise the program in the wake of cost growth that triggered a statutory acquisition review.