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Defense Business Alert

August 17, 2018 | Daily News

SAPA Transmission, the U.S. subsidiary of a Spanish defense contractor, is moving forward with support from the state of Michigan to establish a bona fide industrial operation there, advancing plans for a domestic manufacturing beachhead to challenge the Pentagon's two long-standing combat vehicle transmission suppliers.

August 16, 2018 | Daily News

When Huntington Ingalls Industries bought Camber in late 2016, it paired the government services company with six other businesses -- from an oil and gas company to its unmanned systems group -- to create a new division called technical solutions.

August 15, 2018 | Daily News

Industry groups are pushing Congress to compel the government to take steps to drastically reduce the backlog of background investigations as the Pentagon readies to take over the investigative process.

August 08, 2018 | Daily News

Trump administration officials said today the government has embarked on a new era in foreign military sales to boost the U.S. defense industry and maintain global influence amid the rise of China and resurgence of Russia.

August 02, 2018 | Daily News

L3 Technologies said today it is consolidating two business units to “maximize growth and improve its integration and collaboration.”

August 01, 2018 | Daily News

Lynn Dugle, Engility's chief executive, said during a call with analysts today the contractor is seeing a much higher percentage of its existing programs being extended -- and often expanded -- rather than being recompeted.

July 30, 2018 | Daily News

The latest defense policy bill agreed to by congressional authorizers doesn't alter the Pentagon's ability to award other transaction agreements, despite controversy surrounding a nearly $1 billion OTA made earlier this year.

July 27, 2018 | Daily News

The defense industrial base report, which is at the White House, focuses on the defense supply chain down to "the granular level," according to the Pentagon acquisition chief.

July 26, 2018 | Daily News

Some of the largest defense contractors today reported sales boosts in their most recent quarters.

July 25, 2018 | Daily News

General Dynamics and Northrop Grumman, with new acquisitions under their belts, today reported sales increases during their most recent quarters.

July 25, 2018 | Daily News

Boeing has taken another hit on the KC-46 tanker development program, announcing $334 million in after-tax cost growth during its second-quarter earnings report today.

July 25, 2018 | Daily News

The new defense policy bill authored by House and Senate lawmakers directs the Pentagon to study contract award bid protests that have been filed with both the Government Accountability Office and the U.S. Court of Federal Claims.

July 24, 2018 | Daily News

Lockheed Martin today reported sales in its most recent quarter reached $13.4 billion, up from $12.6 billion in the same three-month period a year earlier.

July 21, 2018 | Daily News

Perspecta, the new company formally created last month by combining Vencore with DXC Technology's U.S. public sector business and KeyPoint Government Solutions, will be able to pursue $10 billion to $15 billion more in work through its combined capabilities and increased scale, the contractor's chief executive said last week.

July 20, 2018 | Daily News

The Army is reviewing how it uses other transaction agreements to accelerate the acquisition process, while lawmakers worried about transparency attempt to tighten oversight of the process.

July 17, 2018 | Daily News

Marine Corps Maj. Gen. John Jansen said today he's set to soon debrief Gen. Joe Dunford, the chairman of the Joint Chiefs of Staff, and Pat Shanahan, the deputy defense secretary, about a June industrial base examination held at the Dwight D. Eisenhower School for National Security and Resource Strategy.

July 16, 2018 | Daily News

The Pentagon plans to develop a strategy to hasten its lengthy contract award timelines, according to Director of Defense Pricing Shay Assad.

July 13, 2018 | Daily News

Wes Bush, Northrop Grumman's chief executive, will step down Jan. 1, the company announced today.

July 12, 2018 | Daily News

Kratos Defense & Security Solutions, readying to grow its tactical and target drone businesses, has opened a new facility, teamed with another contractor to bolster its capacity and hired a former four-star Air Force general as a consultant.

July 10, 2018 | Daily News

The Senate Appropriations Committee remains concerned the Defense Department does not have adequate policies and controls in place to enforce limitations on its annual amount of contracted services and is urging the Pentagon comptroller to review the matter.

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