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Defense Business Alert

September 29, 2020 | Daily News

Pentagon acquisition chief Ellen Lord said today the effort now underway to identify and re-shore critical defense technologies with fragile or foreign supply chains was enhanced by the global outbreak of COVID-19.

September 25, 2020 | Daily News

A group representing a range of U.S. companies and industry associations opposes a variety of measures in the House and Senate defense authorization bills, including several provisions that would demand domestic sourcing for U.S. weapons programs and force companies to cut ties with Chinese suppliers.

September 24, 2020 | Daily News

Amentum said today it has agreed to acquire DynCorp International, which would create a $6 billion contractor.

September 24, 2020 | Daily News

The chief executive of Science Applications International Corp. anticipates that the ongoing coronavirus pandemic will create lasting changes in the workplace.

September 23, 2020 | Daily News

A new report from the Center for Strategic and International Studies finds the ratio of spending on procurement compared to research and development is on the decline, a discovery it notes could have "business-altering dynamics."

September 22, 2020 | Daily News

The Navy has spent $300 million in Defense Production Act funding over the past three months to strengthen its supply chains, according to the service's acquisition executive.

September 14, 2020 | Daily News

The Pentagon is being pressed by a congressional watchdog to explain its role in recommending to the Treasury Department companies to receive loans from a $17 billion COVID-19 rescue fund.

September 09, 2020 | Daily News

Pentagon acquisition chief Ellen Lord said today it may take up to six months to reimburse defense contractors seeking reimbursement for hardships and inefficiencies experienced during the COVD-19 pandemic, but she reiterated that Congress has yet to appropriate any money for the cause.

September 08, 2020 | Daily News

The Defense Department, following a recommendation from the Government Accountability Office, intends to begin annual reviews of independent industry research and development projects so they can be better integrated into the U.S. military's technology plans.

September 08, 2020 | Daily News

As the coronavirus pandemic continues, LMI has convened a company-wide task force to consider the associated business opportunities.

September 03, 2020 | Daily News

As the coronavirus pandemic continues, LMI has convened a company-wide task force to consider the associated business opportunities.

August 28, 2020 | Daily News

L3Harris Technologies' new contract to build the Navy’s Medium Unmanned Surface Vessel includes the maritime technology firm Gibbs & Cox as well as the Louisiana-based shipbuilder Swiftships as subcontractors, according to an L3Harris executive.

August 25, 2020 | Daily News

With a major acquisition and a key divestiture under its belt, Alion has reshaped to focus on high-tech areas and significantly change its customer base.

August 19, 2020 | Daily News

The Pentagon says that a waiver allowing some "low risk" Defense Department contractors to continue using Chinese telecommunications and security equipment could be extended past Sept. 30, as the items covered under the exemption represent nearly three-quarters of all DOD transactions.

August 19, 2020 | Daily News

SpaceX has confirmed in a new court filing that it intends to maintain its lawsuit against the Air Force's 2018 Launch Services Agreement award, despite winning a contract earlier this month to launch 40% of Phase 2 national security spacelift missions.

August 17, 2020 | Daily News

The Pentagon has waived a requirement until the end of the fiscal year for "low risk, high volume items" contracts to comply with a government-wide ban on contractors using equipment made by Chinese vendors like Huawei and ZTE.

August 17, 2020 | Daily News

Perspecta is in talks with the Justice Department to stop Leidos from continuing work on its Next Generation Enterprise Network contract while a lawsuit is pending in federal court, according to recently unsealed court documents.

August 13, 2020 | Daily News

Acting Pentagon technology chief Michael Kratsios today called for using the Defense Department's "unique authorities" to pursue its innovation efforts, while also committing to "redoubling" efforts to work more closely with non-traditional vendors and startup businesses.

August 13, 2020 | Daily News

Pentagon acquisition chief Ellen Lord said today the Defense Department is working on a plan that could allow it to reimburse contractors experiencing pandemic-related hardships and inefficiencies with lump sums, rather than negotiate many smaller settlements.

August 11, 2020 | Daily News

Oceus Networks, newly acquired by a private investment firm, will have needed capital to expand as it pursues new opportunities, according to top executives.

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