US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Lufthansa Systems has appointed Stefan Hansen as CEO and chairman of the Executive Board for a period of three years.
Hansen will join the Executive Board on 1 July 2010. He succeeds Wolfgang Gohde, who is leaving at his own request when his contract ends on 31 March 2010.
The new CEO has been familiar with Lufthansa Systems since 1999. He was head of the desktop and network services department before taking over as managing director of the subsidiary Lufthansa Systems Infratec in 2001 and then Lufthansa Systems Network in 2004. In this capacity, he was responsible for the infrastructure services division at Lufthansa Systems.
In September 2006, Hansen was appointed managing director of EDS Operations Services and later also became managing director of EDS Business Solutions. There he was responsible for service delivery in the North and Central EMEA (Europe, Middle East, Africa) regions. Since the start of 2010, he has been the director enterprise technology at Vodafone Deutschland.
As a member of the Executive Board Dr Gunter Küchler will continue to be responsible for sales and marketing at Lufthansa Systems.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.
As gangs gain control of Port-au-Prince, Haiti’s Caribbean neighbours have been preparing to intervene in the failed state, with the US and other partners waiting in the wings with equipment and financial support.