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Defense Business Alert

October 25, 2017 | Daily News

The Pentagon awarded BAE Systems a $59.5 million contract for additional rocket guidance kits, the company announced Oct. 10.

October 24, 2017 | Daily News

Lockheed Martin, the world's largest defense contractor, today reported sales in its most recent quarter hit $12.2 billion, up 5.4 percent from the same three-month period a year earlier.

October 20, 2017 | Daily News

Boeing's HorizonX innovation cell is using three different approaches to pursue beyond-the-horizon technologies and strategies, the group's chief told Inside Defense.

October 19, 2017 | Daily News

Boeing said today HorizonX, its innovation cell, has invested in Near Earth Autonomy, which specializes in developing technologies to enable autonomous flight.

October 11, 2017 | Daily News

L3 Technologies and the Air Force in late September completed a preliminary design review to move legacy EC-130H Compass Call equipment to the Gulfstream G550, after L3 submitted a report to the Air Force that determined the business jet is the best platform for the electronic-attack mission, according to an L3 Technologies spokeswoman.

October 11, 2017 | Daily News

Lockheed Martin Ventures, the rebooted venture fund of Lockheed Martin, is working closely with the company's chief technology office to identify strategic investments, the CTO said Wednesday.

October 10, 2017 | Daily News

The new head of the Defense Security Cooperation Agency this week highlighted five aspects of the foreign military sales process for review, including when another country requests non-standard U.S. defense equipment.

October 05, 2017 | Daily News

Boeing said Thursday it plans to acquire Aurora Flight Sciences, which specializes in autonomous systems technologies for robotic aircraft.

October 04, 2017 | Daily News

Polaris Alpha, the private-equity owned company that completed its most recent acquisition late last month, is seeking to establish itself as a major player in what the company calls “emerging” warfighting domains, including space, electronic warfare and cyberspace.

September 28, 2017 | Daily News

The Pentagon, in coordination with defense industry associations, expects to soon release a "very targeted" questionnaire to contractors as it assesses the industrial base for vulnerabilities and the potential to surge, according to the senior Defense Department official leading the effort.

September 27, 2017 | Daily News

Northrop Grumman's plan to purchase Orbital ATK, announced earlier this month, marks the latest effort by some of the largest defense contractors to carve out new territory with acquisitions.

September 26, 2017 | Daily News

Boeing said this week the company continues "to make progress" on KC-46 flight testing and, when pressed, did not dispute the Air Force's schedule projection that the first new tanker will be delivered next spring.

September 26, 2017 | Daily News

The Pentagon has rolled back a controversial requirement that a contractor engage in a "technical interchange" with a Defense Department employee for its independent research and development costs to be considered allowable.

September 22, 2017 | Daily News

The Navy has awarded a landmark weapon system contract to General Dynamics Electric Boat, a potential $5.1 billion deal that commits the government to proceeding with development of a new-generation ballistic missile submarine and pressing ahead with a $127 billion modernization program that is on course to squeeze future funding for conventional Navy modernization plans.

September 22, 2017 | Daily News

Sierra Nevada Corp. is offering the UH-60L Force Hawk, a modernized Black Hawk variant, in the Air Force's competition to replace its aging Bell UH-1N helicopters.

September 20, 2017 | Daily News

Lockheed Martin anticipates later this month the Navy will award it a contract to begin producing engineering development models of electronic warfare pods for the service's fleet of MH-60 Seahawk helicopters, according to a company executive.

September 19, 2017 | Daily News

Steven Schorer, named chief executive of Alion Science and Technology in May, is pushing the company to focus its efforts on several key technological areas as he prepares to grow its base of customers.

September 18, 2017 | Daily News

Northrop Grumman said early Monday it will acquire Orbital ATK in a $9.2 billion deal meant to bolster Northrop's capabilities in space and missile defense.

September 18, 2017 | Daily News

Northrop Grumman said early Monday it will acquire Orbital ATK in a $9.2 billion deal.

September 17, 2017 | Daily News

KeyW was never going to be another forgettable Washington-area contractor.

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