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Defense Business Alert

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.

August 06, 2020 | Daily News

The chief executive of Huntington Ingalls Industries said today that though the ongoing pandemic has proven "extremely disruptive," the company is seeing a higher attendance rate that it now considers sustainable.

July 31, 2020 | Daily News

The Trump administration is touting its export policy for unmanned aerial systems as a win for American companies, but some industry representatives say the government still hasn't fixed ongoing restrictions that hinder business.

July 30, 2020 | Daily News

The chief executive of Northrop Grumman said today she chose not to sign recent letters sent to Capitol Hill urging funding for coronavirus relief because her company has seen a reduced impact and she wants to focus on continuing to limit the damage.

July 30, 2020 | Daily News

Several defense contractors this week said sales rose during the most recent quarter, despite the ongoing pandemic.

July 29, 2020 | Daily News

The Defense Department has issued guidance for its procurement units on how to process and review waiver requests for contractors who wish to continue using banned equipment and services from Chinese companies Huawei and ZTE.

July 29, 2020 | Daily News

General Dynamics reported a $40 million charge in a program at its information technology business in its most recent quarter because the company is unable to get its employees to the European worksite, according to its chief executive.

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