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Defense Business Alert

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.

July 28, 2020 | Daily News

A new report on the state of the space industrial base released today highlights the impact of the COVID-19 pandemic on space companies, and urges the Defense Department to take advantage of "offensive and defensive economic tools" to support technology development that will be key to a healthy industry base today and in the future.

July 28, 2020 | Daily News

The head of Airbus U.S. Space & Defense says the company has reshaped to focus on pursuing space and intelligence work, bringing on new advisers and expanding its workforce.

July 27, 2020 | Daily News

Booz Allen Hamilton is working with clients and its own subcontractors to help prepare for the Pentagon's Cybersecurity Maturity Model Certification program through identifying gaps and assisting with remediation.

July 22, 2020 | Daily News

Artificial intelligence company CalypsoAI is announcing today the close of a $13 million series A fundraising round.

July 21, 2020 | Daily News

The new chief executive of Lockheed Martin said today the company is preparing for a potential defense budget upturn as well as a downturn.

July 21, 2020 | Daily News

The Government Accountability Office denied a series of bid protest allegations Perspecta levied against a $7.7 billion Navy contract award after concluding the company failed to substantiate the substance and impact of its accusations.

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