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Defense Business Alert

March 01, 2018 | Daily News

Kratos Defense & Security Solutions said Wednesday it has agreed to sell its public safety and security system integration business for $69 million to Securitas Electronic Security.

February 26, 2018 | Daily News

The task force leading a new defense industrial base review recently held an "interim readout" of the effort's initial findings, according to the principal deputy director of the Pentagon's manufacturing and industrial base policy shop.

February 23, 2018 | Daily News

While the Pentagon agrees that imports of steel and aluminum "impair" national security, it has warned that trade restrictions stemming from the Commerce Department Section 232 investigations could harm relationships with key allies.

February 23, 2018 | Daily News

KBR said today it has agreed to buy Stinger Ghaffarian Technologies, better known as SGT, for $355 million as it increasingly moves into the government services market.

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.