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Defense Business Alert

August 21, 2015 | Daily News

Lockheed Martin has become the first defense contractor accredited as a commercial service provider under the Department of Homeland Security's enhanced cybersecurity services program.

August 20, 2015 | Daily News

Seeking to continue advancing its technology -- even as Pentagon spending shrinks -- defense contractor TCOM, which manufactures aerostat systems, has opened a center of excellence.

August 19, 2015 | Daily News

Salient Federal Solutions was seeking a change. The contractor, founded in 2009, was growing only modestly, according to its chief executive.

August 18, 2015 | Daily News

Textron Systems' chief executive is urging defense contractors to more proactively adapt to tougher budget times, but says the industry also needs support from the Pentagon.

August 17, 2015 | Daily News

Defense Department research and development spending has a positive impact on private companies' innovation efforts, despite the Pentagon's focus on creating narrow, mission-oriented technologies and its inability to share some classified inventions, according to former Federal Reserve Chairman Ben Bernanke.

August 14, 2015 | Daily News

Defense and federal services businesses worth billions of dollars are considered up for potential sale but -- so far -- potential buyers are playing coy.

August 12, 2015 | Daily News

Following the award of a massive Pentagon electronic health records program to Leidos, no protests have been filed, allowing the contractor to move forward with the initiative.

August 12, 2015 | Daily News

Computer Sciences Corp. is making "good progress" on the separation effort expected to create two public companies, one focused on the U.S. public sector and the other on commercial and international government customers.

August 11, 2015 | Daily News

Salient Federal Solutions and CRGT said Tuesday they have agreed to merge to create a $375 million IT services contractor.

August 07, 2015 | Daily News

Following its acquisition of Exelis, Harris plans to close Exelis' Fort Wayne, IN, tactical radio manufacturing facility and consolidate the work into its existing facility in Rochester, NY.

August 06, 2015 | Daily News

The chief executive of Huntington Ingalls is warning that paying for the Ohio-class replacement submarine program out of the naval shipbuilding account will take a significant toll on the industrial base.

August 05, 2015 | Daily News

Leidos said Wednesday it has made significant improvements to its business development efforts, holding up its recent win of the Pentagon's electronic health records program as a highlight.

August 04, 2015 | Daily News

After leaving Lockheed Martin, the contractor's longtime head of Washington operations said he now plans to establish his own consulting firm.

August 03, 2015 | Daily News

Even as other defense contractors exit the commercial cybersecurity market, Raytheon is increasingly focused on this business following its deal earlier this year to create a joint venture with cybersecurity company Websense.

July 31, 2015 | Daily News

3-D printing and adaptive software have the potential to dramatically change defense technology -- but the changes likely won't arrive immediately, an industry panel said Friday at the Brookings Institution.

July 30, 2015 | Daily News

L-3 Communications on Thursday said it has begun reviewing its national security solutions business, which specializes in intelligence and cybersecurity services, for a "potential sale, spin-off or other divestiture transactions."

July 29, 2015 | Daily News

The Pentagon on Wednesday afternoon awarded a much-coveted, multibillion-dollar contract to modernize its massive healthcare system to Leidos, capping a roughly two-year procurement process.

July 29, 2015 | Daily News

Some of the largest defense contractors on Wednesday reported relatively stable sales and profits, but warned they are keeping a close eye on a potential government spending stalemate.

July 28, 2015 | Daily News

Lockheed Martin's announcement last week that it plans to sell or spin off services work worth about $6 billion is likely to boost the reshaping already underway in the market, executives and analysts say.

July 24, 2015 | Daily News

United Technologies disclosed on Friday that the Justice Department has opened a criminal investigation into allegations Sikorsky and two of its subsidiaries overbilled the Navy on a contract to support T-34 and T-44 aircraft.