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Defense Business Alert

March 08, 2019 | Daily News

LMI Ventures, the new venture capital fund created by LMI, will focus on key technology areas that could benefit the company's customers and seek to make small bets in early-stage companies, according to LMI's chief executive.

March 06, 2019 | Daily News

Leading industry lawyers on data privacy and security requirements say an upcoming federal acquisition rule will affect industries beyond contractors by extending strict controls currently used by the Defense Department to all federal agencies.

March 05, 2019 | Daily News

Several services contractors say they're increasingly turning to products as a way to boost growth and differentiate themselves in a crowded market.

March 01, 2019 | Daily News

Science Applications International Corp.'s "Innovation Factory," established last year, marks the first step in the company's effort to adapt to a faster pace for defense technology development, the contractor's chief technology officer said this week.

February 27, 2019 | Daily News

The Pentagon inspector general, in a new report, finds that TransDigm earned $16.1 million in excess profit for 46 parts sold to the Defense Logistics Agency and the Army for $26.2 million between 2015 and 2017.

February 26, 2019 | Daily News

BWX Technologies' chief executive said today the company's missile tube rework efforts are on track, noting the majority of the repairs are scheduled to be complete by mid-year.

February 25, 2019 | Daily News

Despite some employees' reservations, Microsoft said today it would continue working on the Army's augmented reality display called the Integrated Visual Augmentation System.

February 21, 2019 | Daily News

Cybersecurity firm Symantec's federal chief technology officer, Aubrey Merchant-Dest, said President Trump's recent executive order on artificial intelligence builds off important work at the Defense Department, which is being extended across the private sector, while also calling for a standard on securing the emerging Internet of Things market.

February 14, 2019 | Daily News

The Pentagon is moving forward with plans to score defense companies on cybersecurity, similar to measuring credit scores, as one Defense Department official says DOD's current efforts regarding contractor cybersecurity are not sufficient.

February 08, 2019 | Daily News

The Pentagon is backing a Government Accountability Office recommendation that the Defense Contract Management Agency create a way to better monitor contractor business system reviews.

February 02, 2019 | Daily News

The number of new vendors joining the federal contracting market as prime contractors grew from 2001 to 2006, but then sharply decreased from 2007 to 2013, according to a report by the Center for Strategic and International Studies.

February 02, 2019 | Daily News

Northrop Grumman has consolidated two groups within its technology services business, seeking to bolster the unit's high-end work.

February 01, 2019 | Daily News

CACI International said this week it has agreed to acquire LGS Innovations as well as Mastodon Design for a total of $975 million.

February 01, 2019 | Daily News

General Dynamics said today it recorded $10.4 billion in sales during its most recent quarter, marking a 25 percent boost over the same three-month period a year earlier.

February 01, 2019 | Daily News

The Pentagon wants to negotiate a solution for software rights allowing contractors to maintain their intellectual property and profit incentives, while also allowing for more open sharing of software capabilities and development across weapon systems, according to a Defense Department advisor.

February 01, 2019 | Daily News

Lockheed Martin said today sales in its most recent quarter reached $14.4 billion, up about 4 percent from the same three-month period a year earlier.

February 01, 2019 | Daily News

The Pentagon is directing its acquisition workforce to better assess and enforce contractors' compliance with cybersecurity requirements, as officials are particularly concerned about adversaries stealing sensitive data from companies further down the supply chain.

January 28, 2019 | Daily News

Peraton is focusing on areas of work "that are strategically important to us," including space command and control, offensive cyber, artificial intelligence and machine learning, the company's chief executive told Inside Defense.

January 16, 2019 | Daily News

Though Science Applications International Corp. fell short in pursuing two major military vehicle programs, the company's chief executive told Inside Defense he would not have changed the company's technical approach.

January 14, 2019 | Daily News

The head of Booz Allen Hamilton's defense business said the company has shifted its business into deeper technology work and now is seeking to position itself as a "solutions" provider.

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