Defense Business Alert

The Defense Department today issued a proposed rule that would implement sections of 2017 and 2018 legislation limiting the use of lowest-price, technically acceptable source selection.

KENNEDY SPACE CENTER, FL -- A small-business cybersecurity group funded under an Air Force contract has decided that forming an information-sharing and analysis organization, or ISAO, is crucial to its mission in developing cost-effective measures for defending against cyberattacks, a recommendation that is expected to be offered as a model for firms across the country.

A top Pentagon official said an interim Treasury Department rule that has concerned some organizations, including BAE Systems, will go through a regulation-writing process over the next year.

Realizing the rework necessary for missile tubes slated for the Columbia-class submarine "were more substantial than previously contemplated," BWX Technologies has reserved $26.7 million to cover repairs, the company disclosed today.

NATIONAL HARBOR, MD -- The White House's trade policy office, on the heels of a sweeping defense industrial base assessment, next wants to hone in on the U.S. infrastructure sector and how it can be shored up against potential Chinese intrusions, according to the head of the office.

Boeing executives today defended the company's efforts to win recent programs, just one day after the chief executive of Lockheed Martin hinted the prices they bid might result in losses.

Analysts said this week they don't expect the planned merger of Harris and L3 Technologies to generate antitrust concerns and said the deal is likely to spur additional consolidation.

The chief executives of Harris and L3 Technologies said today their proposed merger would bolster the company's role as a prime contractor and ensure the majority of its work is on fixed-price contracts.

ST Engineering last month named Tom Vecchiolla, a former Raytheon executive, to head its United States-based company, VT Systems, as it seeks growth here.