DefenseNews

US Air Force eyes advance procurement to more quickly make E-7 planes

DAYTON, Ohio — With pressure on the U.S. Air Force to field its upcoming fleet of E-7A battlefield management aircraft as quickly as possible, the service is leaning heavily on advance procurement. The Air Force wants to have a fleet of up to 26 of the Boeing-made command-and-control aircraft by 2032 to replace the aging E-3 Sentry. The latter’s airborne warning and control capabilities are…
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Cleantech & EV'sNews

Stellantis to entice consumers with more affordable EVs, like new Fiat priced under €25K

In order to compete with other automakers and garner a larger slice of the EV market, Stellantis shared that it is developing a second, lower-priced EV inspired by the Panda from its sub-brand Fiat. The new Fiat EV is expected to arrive priced below €25,000. Today’s news is one of several strategies multinational automotive corporation Stellantis is enacting to not only stay relevant in an…
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DefenseNews

US Air Force moves closer to awarding Cloud One Next contract

WASHINGTON — A request for proposals for the U.S. Air Force’s Cloud One Next program could come as soon as this month, as the service eyes a spring 2024 contract award, an official said. The Air Force teased its Cloud One successor in November, seeking industry feedback…
Cleantech & EV'sNews

Tesla (TSLA) announces departure of its long-time CFO

Tesla has announced the departure of its long-time chief financial officer (CFO), Zachary Kirkhorn, who will be replaced by Tesla’s chief accounting officer, Vaibhav Taneja. While Tesla has had issues retaining leadership at some positions, it wasn’t the case for the CFO. Deepak Ahuja was Tesla’s CFO for roughly a decade, and when he left in 2019, he was replaced by Zachary Kirkhorn, who…
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DefenseNews

US Army greenlights armored vehicle for full-rate production

WASHINGTON — The U.S. Army this week approved the Armored Multi-Purpose Vehicle for full-rate production, a spokesperson for the service’s Program Executive Office Ground Combat Systems told Defense News. The full-rate production contract award to AMPV-maker BAE Systems is pending, the spokesperson said. The Army delivered the first AMPVs to the 1st Armored Brigade Combat Team, 3rd Infantry…
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