Pentagon officials today released more details on a revamped, digital version of the Trusted Capital Marketplace, highlighting how the program will stave off "adversarial capital" by linking vetted sources of finance with defense companies requiring investment.
Defense Business Alert
January 13, 2021
January 12, 2021
Several defense contractors confirmed today that they have paused their political action committee giving while assessing the insurrection at the Capitol last week.
December 31, 2020
GM Defense hopes to grow further after it won its first major Army contract in June, Jeff Ryder, the company's vice president for growth and strategy, said during an interview with Inside Defense earlier this month.
December 23, 2020
The Government Accountability Office this week dismissed Raytheon's most recent protest of a Space Development Agency contract for wide-field-of-view satellites.
December 22, 2020
The Pentagon and Congress have yet to fully reckon with the costs the COVID-19 pandemic may have imposed on the U.S. defense industrial base, including the roughly $11 billion defense officials tell lawmakers is needed to rectify the situation.
December 21, 2020
Lockheed Martin's chief executive said today the company has not yet received "direct feedback" from government customers about its proposed purchase of Aerojet Rocketdyne, but is hopeful "we'll have a mutual understanding of the benefits."
December 20, 2020
Lockheed Martin said today it has agreed to buy Aerojet Rocketdyne for $56 per share in cash in a deal worth a total $4.4 billion.
December 18, 2020
The U.S. Court of Federal Claims has denied Perspecta's lawsuit over the Navy's award of the multibillion-dollar Next Generation Enterprise Network services contract to Leidos.
December 18, 2020
United Launch Alliance CEO Tory Bruno told reporters this week he expects future Space Force Launch Services Procurement strategies will call for more national security-unique requirements, potentially shifting the investment burden more toward the government and away from industry.
December 16, 2020
As the incoming Biden administration announces its nominees for top roles, Pentagon observers say contractors should watch for some changed priorities -- but that supply chain policy will likely continue to be a focus.
December 15, 2020
The National Security Agency has issued new, non-public guidance to defense agencies and contractors in the wake of the ongoing SolarWinds supply chain cyberattack, while the Pentagon is reviewing whether the compromise affected its networks.
December 15, 2020
The National Security Agency has issued new, non-public guidance to defense agencies and contractors in the wake of the ongoing SolarWinds supply chain cyberattack, while the Pentagon is reviewing whether the compromise affected its networks.
December 10, 2020
The bipartisan Congressional Oversight Commission charged with reviewing pandemic stimulus spending is pressing Pentagon acquisition chief Ellen Lord to provide more public information about the Defense Department's support for a controversial $700 million loan to a financially troubled trucking company.
December 9, 2020
Anduril Industries filed a protest with the Government Accountability Office Nov. 16 challenging the Air Force's narrow selection of companies eligible to bid on a task order supporting the Advanced Battle Management System program, according to a source familiar with the procurement.
December 8, 2020
President-elect Biden has said he intends to nominate retired Army Gen. Lloyd Austin for defense secretary, putting a spotlight on the former four-star's time as a member of Raytheon Technologies' board of directors.
December 7, 2020
Northrop Grumman said today it has agreed to sell its federal IT and mission support services business to private equity-owned Peraton for $3.4 billion in cash.
December 7, 2020
The Defense Department has released two assessment guides outlining how auditing firms and their assessors will evaluate contractors who want to get certified for Cybersecurity Maturity Model Certification maturity levels one through three.
December 7, 2020
The Pentagon's approach to making cybersecurity a foundational part of acquisition is mandating new compliance requirements for the defense industrial base, which could potentially create a division between primes and subcontractors when it comes to information sharing.
December 4, 2020
Industry groups across a range of sectors are asking the Defense Department to provide more details on how its new cyber certification program will affect government contractors.
November 25, 2020
The chief executive of PAE says President-elect Biden's promise to reengage internationally could lead to growth in the company's State Department work.