:

Business/Financial

Cubic Appoints New Chief For Defense Business

Defense Daily Staff

Wednesday, March 27th, 2013

SHARE:

Cubic Corp. [CUB] yesterday named Dave Schmitz as the president of its Cubic Defense Applications division, succeeding Brad Feldman who has been promoted to president and chief operating officer of the corporation. Schmitz previously was vice president and general manager of Cobham Sensor Systems, which provides technology applications supporting military platforms and systems. “As president of CDA, Dave brings a solid track record of experience in defense systems,” Feldman said in a statement. “His extensive experience and leadership skills make…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]