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Defense Business Alert

February 16, 2018 | Daily News

The Navy has awarded conceptual design contracts to Austal USA, Fincantieri Marinette Marine, General Dynamics Bath Iron Works, Huntington Ingalls Industries and Lockheed Martin at $14.9 million apiece for the guided missile frigate replacement program, as it readies to later down select to one vendor.

February 14, 2018 | Daily News

The Defense Department is seeking permission from Congress to negotiate a pair of multiyear contracts with Raytheon for Standard Missiles worth nearly $4 billion.

February 14, 2018 | Daily News

L3 Technologies was one of the first to sell off its services business, spinning off what's now Engility in 2012. Lockheed Martin followed suit in 2016, divesting its information systems and global solutions unit.

February 12, 2018 | Daily News

General Dynamics announced today it plans to acquire CSRA in a deal valued at $9.6 billion.

February 09, 2018 | Daily News

The new tax legislation passed late last year has been hailed by many business executives, who argue the changes will help them invest in their workers and new technology.

February 08, 2018 | Daily News

The Defense Department has awarded a contract worth up to $950 million for cloud services to an Amazon Web Services partner, but says the award is unrelated to a high-level steering group's plans for accelerating cloud adoption across the department.

February 06, 2018 | Daily News

Industry groups are supporting a new rule intended to make commercial item determinations more consistent and bolster opportunities for nontraditional contractors.

February 02, 2018 | Daily News

Nearly two years into her tenure as chief executive, Lynn Dugle is seeking new ways to differentiate Engility, looking to product toolkits to help the contractor stand out in competitive areas.

January 31, 2018 | Daily News

The Defense Department approved waivers totaling nearly $16 billion in nonrecurring costs that would have been charged to foreign countries buying U.S. weapons over the past six years, according to the Government Accountability Office.

January 29, 2018 | Daily News

With the enactment of tax reform legislation, Lockheed Martin is weighing several ways to spend the anticipated benefits, according to the company's chief executive.

January 25, 2018 | Daily News

Government contracting attorneys and advocates say a provision in the Fiscal Year 2018 National Defense Authorization Act on lobbying by former government officials is more restrictive than previous regulations and might surprise defense contractors.

January 25, 2018 | Daily News

Some of the largest defense contractors today said they saw sales increases in 2017.

January 25, 2018 | Daily News

The Defense Department supports a proposed law that would expand the scope of the Committee on Foreign Investment in the United States to allow for more detailed government reviews of business transactions, especially those involving China and emerging technologies, that could put the defense industrial base at risk.

January 24, 2018 | Daily News

General Dynamics today said sales and profit rose last year, buoyed by the company's aerospace and combat systems businesses.

January 22, 2018 | Daily News

The Pentagon's new industrial base review, spurred by an executive order, is on track to be delivered in April, the chief of the Defense Department's manufacturing and industrial base policy office said today.

January 17, 2018 | Daily News

The Defense Security Service is studying how tax incentives could be used to incentivize companies to better protect their supply chains from foreign intelligence threats.

January 17, 2018 | Daily News

The Pentagon's top acquisition official is seeking the help of the Defense Science Board as the Defense Department undertakes a new study of the defense industrial base.

January 10, 2018 | Daily News

Peraton, the former Harris government IT services business, is reorganizing from six business groups into four -- two sectors and two business units.

January 03, 2018 | Daily News

Sen. Elizabeth Warren (D-MA) took to the Senate floor Wednesday to criticize Pentagon officials with defense industry backgrounds, specifically targeting a former Lockheed Martin executive tapped for a senior Defense Department post.

January 03, 2018 | Daily News

Congress may have aimed in the wrong direction with a new provision intended to reform the way the Pentagon handles contractors' bid protests, according to a new study RAND Corp. recently delivered to Capitol Hill.