The National Defense Industrial Association, in its latest survey of the defense industrial base, found that nearly 32% of defense contractors do not expect their businesses to return to a normal level of operations for more than six months.
Coronavirus
June 14, 2021
June 11, 2021
FORT WORTH, TX -- As Lockheed Martin and the F-35 joint program office continue negotiations for the next production contract, the company is looking to smooth out delivery quantities and recover from the impacts of the COVID-19 pandemic.
May 17, 2021
With the COVID-19 vaccine now widely available nationwide, many defense contracting executives say they see the vaccine as a path forward, allowing them to ramp up their work and move past this challenging time.
May 13, 2021
Acting Pentagon acquisition chief Stacy Cummings said today the Defense Department still needs at least $11 billion in supplemental funding from Congress to support defense contractors with pandemic-related costs and avoid cutting modernization programs and military readiness accounts.
May 10, 2021
Lockheed Martin has prepared a plan to move a large percentage of its workforce to a hybrid in-person and telework approach as the pandemic appears to be easing.
April 26, 2021
In late January 2020, executives at the Ocala, FL-based small business Veterans Trading Co., which specializes in value-added supply chain services, started to get concerned the COVID-19 virus was likely to hit their business.
March 31, 2021
The onset of the COVID-19 pandemic brought dramatic changes to American manufacturing, and naval shipbuilding was no exception.
March 17, 2021
Missile Defense Agency plans to deliver the Long Range Discrimination Radar for operations is delayed again with a new setback pushing the key milestone from June to September, according to U.S. government officials.
March 12, 2021
Congress has voted to extend the Defense Department’s authority to reimburse defense contractors for COVID-19 pandemic-related costs, but lawmakers have yet to provide billions in supplemental funding the Pentagon says it will need to fully cover those costs.
March 10, 2021
A group of House Armed Services Committee members will develop legislative proposals in the coming months to address critical foreign dependencies in the U.S. defense supply chain.
February 25, 2021
The Defense Department needs about $11 billion in supplemental funding from Congress to support defense contractors with pandemic-related costs or else modernization programs and military readiness accounts will be raided, according to two senior Pentagon officials.
February 24, 2021
The COVID pandemic has revealed the U.S. defense industrial base to be "not healthy" and hampered by "weak" supply chains that threaten the ability of the nation to nimbly develop and field new capabilities to keep ahead of technological advances by other nations, according to the Pentagon's No. 2 military official.
February 16, 2021
A tank assembly line cannot be transitioned to work-from-home.
February 11, 2021
Despite continued interest overseas, the COVID-19 pandemic is placing pressure on the foreign military sale program for Lockheed Martin's F-16 Block 70/72 variant -- slowing down negotiations with new customers and work at the new production line in South Carolina, according to multiple sources who spoke with Inside Defense.
HII CEO says company likely won't be able to make up all delays, cover all costs related to COVID-19
The chief executive of Huntington Ingalls Industries says the company has returned to its pre-pandemic production rate -- but the company lost time and money it will likely not fully recover.
December 22, 2020
The Pentagon and Congress have yet to fully reckon with the costs the COVID-19 pandemic may have imposed on the U.S. defense industrial base, including the roughly $11 billion defense officials tell lawmakers is needed to rectify the situation.
December 10, 2020
The bipartisan Congressional Oversight Commission charged with reviewing pandemic stimulus spending is pressing Pentagon acquisition chief Ellen Lord to provide more public information about the Defense Department's support for a controversial $700 million loan to a financially troubled trucking company.
December 8, 2020
A full accounting of the increased supply chain costs the coronavirus pandemic created for some of the Army's largest ground vehicles might not be available for "two to three years," a senior official said Dec. 8.
December 1, 2020
The bipartisan Congressional Oversight Commission established to review COVID-19 stimulus spending wants Pentagon acquisition chief Ellen Lord to testify about the Defense Department's support for a $700 million loan to a financially troubled trucking company.
November 23, 2020
The Missile Defense Agency is delaying initial fielding of the Long Range Discrimination Radar -- originally slated for next month -- to June 2021, a change of plans forced by the COVID-19 pandemic which hampered facility construction and installation of the new sensor in Alaska earlier this year.