First-Ever Proposed US $1 Trillion Defense Budget Recognizes Escalating Threats

Yahoo

17-04-2025

Former Director at Noble, Michael Iarrobino joins Liberty Defense Business Development team
WILMINGTON, Mass., April 17, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') (TSXV: SCAN, OTCQB: LDDFF, 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.
The Trump Administration has announced that, for the first time in American history, they will request $1 trillion 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.
'This is where Liberty Defense, 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.
The Company is also excited to announce the hiring of Michael Iarrobino. Michael is a retired U.S. Air Force Master Sergeant and accomplished leader with more than 20 years of experience in strategic program management, government contracting, logistics, and public sector operations. Over the course of his distinguished military and civilian career, he has held leadership positions that involved planning and executing complex, multi-million-dollar programs supporting national security, emergency response, and defense readiness. Prior to joining Liberty, Michael was Manager Strategic Partnerships at NOBLE.
'Bringing Michael on board was a strategic hire, especially in light of the potential increase in Defense Spending budget. Michael's experience will have an immediate impact on the business as we look to scale for the opportunities in Aviation Worker Screening and urban security requirements,' said Bill Frain, Liberty CEO.
For updates and news, please visit www.libertydefense.com to subscribe to email alerts or follow Liberty Defense on social channels.
On Behalf of Liberty DefenseBryan Cunningham President
About Liberty Defense
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FSE: E30) provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
For information on the SAB, please contact:Bryan CunninghamPresident, Liberty [e-mail] sales information, please contact:Ian McNaughtonSenior Director Business Development, Liberty [e-mail]
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