Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
The U.S. defense industry needs to invest in antifragility measures to improve resilience during this time of rising geopolitical tension, Lockheed Martin CEO Jim Taiclet said, which will require government buy-in.
The Defense Department has qualified a new large solid-rocket motor domestic supplier -- breaking up an effective duopoly between Northrop Grumman and Aerojet Rocketdyne -- and expanded the industrial base to support the U.S. military's high-priority project to develop and field a long-range hypersonic strike missile.
VideoRay announced it has acquired Blue Ring Imaging, a St. Petersburg, FL-based company that works on 3D visualization, multiview perception and simulation for unmanned systems.
The Defense Department and other government agencies are proposing an amendment to federal acquisition regulations that would implement regulatory changes made by the Small Business Administration to "update and clarify" requirements related to size and socioeconomic protests, according to a Federal Register notice.
Lockheed Martin's venture capital arm has teamed with other investors to provide $12.7 million to Vayu Robotics -- a "non-traditional robotics company" that is making its public debut with this development -- to scale development of artificial intelligence-backed autonomy technologies for potential use across a wide range of markets.
The Association of the United States Army holds its annual conference in Washington this week, while Defense Secretary Lloyd Austin is traveling to Brussels to meet with the Ukraine Defense Contact Group.
The Defense Department is advancing plans for a 300-kilowatt combat laser -- sufficient energy to knock down enemy cruise missiles -- and has commissioned the manufacture of a pair of truck-mounted prototype systems for testing in fiscal year 2025 of a fundamentally new capability that holds the potential to change the way armed forces fight.
The Air Force hopes to demonstrate a radical new industrial feat that could signal a major leap forward for the aerospace industry by designing an aircraft and certifying its airworthiness before ever building a physical component as part of a new project launched last month to prototype a fixed-wing drone from concept through Military Flight Release inside a computer.