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Defense Business Alert

April 26, 2017 |

Collaboration among the Army’s requirements generators, contracting communities and industry is critical to streamlining the acquisition process, according to participants in an April 26 event hosted by the Association of the United States Army.

April 26, 2017 |

Executives from some of the largest defense contractors on April 26 reported bolstered profits in the most recent quarter and struck an upbeat tone about U.S. defense spending, though one executive said the increase will likely be modest.

April 25, 2017 |

The world's largest defense contractor said April 25 that while sales grew in the company's most recent quarter, profit declined because of several charges.

April 20, 2017 |

Citing increased threats, the Defense Security Service, the Pentagon agency tasked with overseeing contractor facilities and protecting classified information, is shifting away from "schedule-driven compliance" and refocusing on "an intelligence-led, asset-focused and threat-driven approach to industrial security oversight."

April 18, 2017 |

The Army made three modifications April 12 to a 2015 five-year contract to Oshkosh Defense to recapitalize systems from the Family of Heavy Tactical Vehicles, according to a Defense Department announcement.

April 06, 2017 |

The director of the Defense Contract Audit Agency on April 6 contended the organization has made significant progress on its incurred cost backlog, but said the agency is suffering under the government hiring freeze.

April 05, 2017 |

COLORADO SPRINGS, CO -- Despite concerns that the Air Force's competitive launch strategy has emphasized price over reliability, longtime national security space launch provider United Launch Alliance is optimistic that approach will change as the service matures its source-selection process in a newly competitive environment.

April 05, 2017 |

Total Defense Department contract obligations increased by 7 percent in fiscal year 2016, suggesting the years-long decline in Pentagon contracting has come to an end, according to a new report from the Center for Strategic and International Studies.

April 04, 2017 |

The Missile Defense Agency has awarded a pair of technology risk-reduction contracts to advance a potential game-changing missile defense capability: developing a single warhead that, once boosted into space, could deploy multiple kill vehicles to intercept more than one enemy ballistic missile.

April 04, 2017 |

The Army on March 30 awarded Lockheed Martin a full-rate production contract for the Q-53 counterfire target acquisition radar system.

April 04, 2017 |

Funding caps set by the Budget Control Act of 2011 and "a lack of consistent and predictable funding" are adversely affecting the Army's organic industrial base, according to a service official.

April 04, 2017 |

As the Trump administration publicizes its focus on domestic job growth, defense contractors are actively speaking out about their own efforts to boost employment.

April 04, 2017 |

A defective Navy EA-18G Growler has not arrived at Boeing yet, but the company is working with the service to get the aircraft to its facility for engineers to assess, according to a company executive.

March 29, 2017 |

The Navy is in the process of sending a defective EA-18G Growler back to Boeing for evaluation because of "physiological episodes" being reported by pilots at a base in Washington state.

March 21, 2017 |

Lockheed Martin is seeing new opportunity in international sales and in regulatory and tax changes under the Trump administration, the company's chief executive said Tuesday.

March 20, 2017 |

Defense Secretary Jim Mattis is scheduled to confer with defense industry executives on April 13 during a meeting convened by three industry organizations, according to a source with knowledge of the event.

March 17, 2017 |

Rockwell Collins said this week it has received an agreement from the Defense Innovation Unit Experimental, through which the company will provide "an open source aggregation framework to enable cross-platform data link communications on mobile devices for Windows and Android."

March 14, 2017 |

The chief executive of Leonardo DRS says the competition to provide the Air Force’s next-generation trainer showcases the increased globalization of the defense industry.

March 10, 2017 |

The onset of budgetary sequestration in 2013 contributed to a decline in contract obligations across the government over the course of a five-year period, with a majority of that decrease coming from the Defense Department, according to a new report from the Government Accountability Office.

March 10, 2017 |

KeyW's acquisition of Sotera Defense Solutions will increase the company's work with Defense Department agencies and give it access to more prime contractor work, according to the company's chief executive.