In-Sight from August-September 2024

Appointments

Admiral Mike Mullen joins Nikon as strategic advisor. Retired U.S. Navy Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff, has joined Nikon Advanced Manufacturing Inc. as a strategic advisor, expanding its influence in aerospace and defense markets, and accelerating its industrial base that increasingly relies on advanced metal additive manufacturing (AM) technologies. FOR MORE: https://ngpd.nikon.com

Lockheed Martin elects Heather Wilson to board of directors.

Lockheed Martin’s board of directors elected Dr. Heather Wilson to the board. Wilson served as the 24th Secretary of the U.S. Air Force from 2017 to 2019 and is the president of the University of Texas at El Paso, a 24,000-student research university. She is the former president of the South Dakota School of Mines & Technology. From 1998 to 2009, she represented New Mexico in the U.S. House of Representatives and served on the House Armed Services Committee, the House Permanent Select Committee on Intelligence, and the House Energy and Commerce Committee. FOR MORE: https://lockheedmartin.com

Former Defense Intelligence Agency Director Scott Berrier joins Booz Allen.

Retired U.S. Army Lieutenant General Scott Berrier has joined Booz Allen Hamilton as a senior vice president in the firm’s national security business. Berrier will support and expand business growth and development across federal clients with a focus on strategic direction for intelligence. Berrier brings more than 40 years of experience as a joint intelligence operations leader, having most recently served as the director of the Defense Intelligence Agency (DIA). He also served as U.S. Army deputy chief of staff for intelligence, where he stood up the Intelligence, Reconnaissance, and Surveillance (ISR) Task Force and created the Army Counterintelligence Command (ACIC). FOR MORE: https://www.boozallen.com

Military Battery Market

The global military battery market size is estimated to grow by $370.1 million from 2024 to 2028, according to Technavio, at a compound annual growth rate (CAGR) of almost 3.69%. The market is experiencing significant growth due to the increasing use of unmanned aerial vehicles (UAVs) for surveillance and reconnaissance activities. The adoption of Li-ion batteries in military drones is increasing rapidly, driven by their high energy density, low weight, and declining prices. Vendors are investing in R&D to improve battery technology and reduce costs, making Li-ion batteries an attractive option for reserve and motive power applications. Technological advances in drone batteries specifically for aerial operations and order fulfillment are expected to further drive market growth during the forecast period. FOR MORE: https://www.technavio.com

Contracts

General Dynamics Land System Inc., Sterling Heights, Michigan, is awarded a $322,727,273 modification contract for low-rate initial production of the M10 Booker. Work will be performed in Sterling Heights, Michigan; Anniston, Alabama; and Lima, Ohio, with an estimated completion date of Oct. 20, 2026. FOR MORE: https://www.gdls.com

Defense Maritime Solutions Inc., Chesapeake, Virginia, is awarded a $14,699,232 firm-fixed-priced stand-alone contract for the procurement of 12 main shaft seal assemblies in support of the submarine main propulsion system on Virginia-class submarines. The contract has no options. All work will be performed in Havant, Hampshire, United Kingdom, and is expected to be completed by March 2026. FOR MORE: https://dmsamerica.com