Federal Contractors | Technology 2024: TOM ARSENEAULT

As president and CEO of BAE Systems Inc., the U.S. arm of British defense giant BAE Systems PLC, Arseneault has overseen developments such as the $5.55 billion acquisition in February of Colorado-based Ball Aerospace. In 2023, BAE Systems Inc. reported $13.6 billion in revenue; it employs 41,000 workers worldwide, including 5,200 former Ball Aerospace workers.

In March, BAE filed a protest with the Government Accountability Office for a $12 billion contract supporting the Air Force’s intercontinental ballistic missile fleet that was awarded to Guidehouse; the contract initially was awarded to BAE. In June, the GAO ruled in BAE’s favor, and the Air Force is now required to re-evaluate the award.

Arseneault has been with BAE since 2000, becoming its chief operating officer in 2014 and adding president to his title in 2019. He became CEO in 2020. He previously ran BAE’s electronic sensor division and originally worked at Sander, a Lockheed Martin company, before it was acquired by BAE in 2000. He also held engineering and program management positions at General Electric and TASC.

Arseneault has a bachelor’s degree in electrical engineering from Worcester Polytechnic Institute and an MBA from Boston University. He is chair of the Defense Industry Initiative’s steering committee.