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First-Ever Proposed US $1 Trillion Defense Budget Recognizes Escalating Threats
WILMINGTON, Mass., April 17, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"First-Ever Proposed US $1 Trillion Defense Budget Recognizes Escalating ThreatsFormer Director at Noble, Michael Iarrobino joins Liberty Defense Business Development team\n\n\n\n WILMINGTON, Mass., April 17, 2025 (GLOBE NEWSWIRE) --\n \n Liberty Defense Holdings Ltd.\n \n (“Liberty” or the “Company”) (\n \n TSXV: SCAN\n \n ,\n \n OTCQB: LDDFF\n \n , FSE: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is highlighting the recent announcement of a potential $1T budget to focus on US National Defense spending.\n \n\n The Trump Administration has announced that, for the first time in American history, they will request\n \n $1 trillion\n \n for US defense and that they “intend to spend every taxpayer dollar wisely.” This means two things: (1) The government recognizes the massively increased and varied threat environment we will face in coming decades; and (2) It follows that our servicemen and women and civilian employees, our facilities and our national secrets, will need enhanced protection, including a new generation of personnel screening for metallic and non-metallic threats that is safer, more cost-effective, and more convenient.\n \n\n “This is where\n \n Liberty Defense\n \n , a US-based manufacturing company, comes in. We are a leader in next generation, security screening technology to detect concealed threats in all verticals. The need for security measures to protect lives in public spaces has never been greater. Armed with licensed technologies from leading security and defense research institutions, Liberty Defense’s experienced management team is positioned to bring contactless and mobile security to public and private spaces to solve challenging problems of screening people for firearms, explosives and IEDs. Liberty’s screening solutions make all of us safer and more secure, while also enhancing convenience and quality of life for everyone having to visit airports, government and private-sector facilities, places of worship, and events requiring human screening capabilities — in short, everyone,” said Bryan Cunningham, Liberty’s President.\n \n\n The Company is also excited to announce the hiring of Michael Iarrobino. Michael is a retired U.S. Air Force Maste...