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Defense Business Alert

June 02, 2020 | Daily News

The chief financial officer of Lockheed Martin said today the company is "exploring" whether it makes sense to adjust for the cost effects of the coronavirus outbreak at a "corporate macro level," rather than altering each program.

May 29, 2020 | Daily News

Federal Communications Commission Chairman Ajit Pai says he personally spoke with Defense Secretary Mark Esper prior to the FCC approving Ligado Networks' controversial spectrum license, and Pai pushed back on Pentagon claims in a new letter to lawmakers.

May 29, 2020 | Daily News

The chief executive of Mercury Systems says the company is not expecting the ongoing coronavirus outbreak to delay production or to slow its hiring.

May 29, 2020 | Daily News

The economic slowdown brought on by COVID-19 could set back the Pentagon's nascent efforts to leverage commercial technologies, as venture capital funding recedes and big money government contracts for nontraditional companies remain elusive, according to new reports and interviews with Silicon Valley insiders.

May 25, 2020 | Daily News

As Congress debates whether the Pentagon needs more money to cope with the coronavirus outbreak, Huntington Ingalls Industries' chief financial officer said the Defense Department will certainly need additional funding to cover the increased costs of delayed programs -- even if it opts not to help contractors.

May 19, 2020 | Daily News

Despite Airbus making a series of objections to the Navy's technical assessment of its proposal for a new training helicopter, the Government Accountability Office found the company's allegations are "without merit," according to a summary of the watchdog's decision.

May 11, 2020 | Daily News

A group of industry associations says it is "strongly opposed" to several Pentagon proposals to reform the defense contracting process, including provisions intended to counter controversial pricing practices used by TransDigm.

May 06, 2020 | Daily News

Pentagon officials appeared before the Senate Armed Services Committee today to call on the Federal Communications Commission to reverse its order approving Ligado's L-band network license, but some senators questioned the Defense Department's vehement opposition to the approval.

May 06, 2020 | Daily News

Though many defense contractors say they're now taking a break from mergers and acquisitions, some say they expect to be able to capitalize on a wave of deals once the COVID-19 pandemic has come to an end.

April 30, 2020 | Daily News

Pentagon acquisition chief Ellen Lord said today that for the first time since the outbreak of COVID-19, more defense companies are re-opening than closing.

April 29, 2020 | Daily News

The leaders of both General Dynamics and Northrop Grumman said today they are seeing some employees fail to show up for work, but said they expect absentee rates to soon improve.

April 29, 2020 | Daily News

House Armed Services Committee Chairman Adam Smith (D-WA) said today he doesn't think the Defense Department should receive industrial base stimulus money in an upcoming COVID-19 rescue package, but the DOD acquisition chief says the department is planning to ask for billions.

April 28, 2020 | Daily News

The Pentagon is gaining new insights about risks to its international supply chain due to efforts to monitor and shore up the defense industrial base during the economic downturn caused by COVID-19.

April 27, 2020 | Daily News

As an industry group pushes for the Defense Logistics Agency to reverse its policy on accelerated payments, the Pentagon says the adjustment would require a new appropriation.

April 27, 2020 | Daily News

The Pentagon is bracing for a possible three-month delay across its major acquisition programs because of the COVID-19 outbreak, while Congress is eying another massive economic rescue package that could push billions in new funding to defense contractors.

April 21, 2020 | Daily News

Lockheed Martin said today it is lowering its sales guidance for the year, primarily because of expected challenges to F-35 production related to the coronavirus crisis.

April 16, 2020 | Daily News

The Pentagon official overseeing the Defense Department's new cybersecurity certification program thinks most companies in DOD's supply chain will be able to maintain the required cyber credentials for $1,000 per year or less.

April 14, 2020 | Daily News

Analysts say the ongoing economic crisis spurred by the coronavirus pandemic could hurt the Defense Department's work with nontraditional contractors.

April 10, 2020 | Daily News

The Defense Department is surging ahead with efforts to get third-party assessor organizations certified for work under the Cybersecurity Maturity Model Certification program, but the process of setting up a structure for companies to be assessed and approved has many unanswered questions, according to two large defense industry groups.

April 09, 2020 | Daily News

The long-anticipated merger between Raytheon and United Technologies closed last week, concluding just as the coronavirus outbreak began to take a major toll on the U.S. economy.

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