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Defense Business Alert

December 15, 2015 | Daily News

Following CACI International's announcement that it will buy L-3 Communications' services business, CACI's chief executive said he expects the contractor to continue to actively pursue deals in a rapidly changing industry.

December 14, 2015 | Daily News

The Pentagon is ready to release a new guidebook that will encourage program managers to pursue contracts with the defense industry that will more greatly reward performance, according to Claire Grady, the director of defense procurement and acquisition policy.

December 08, 2015 | Daily News

CACI International said Tuesday it has agreed to acquire L-3 Communications' national security solutions business, a services unit that works with the Pentagon as well as intelligence and civilian agencies, for $550 million.

December 07, 2015 | Daily News

To ensure it can access the most cutting-edge technology, the Pentagon must cast a wider net and remove some barriers to entry, one panelist at a Center for Strategic and International Studies event said Monday.

December 03, 2015 | Daily News

Former Defense Secretary William Perry -- who famously held a "Last Supper" with top-level defense industry executives in the early 1990s that led to the consolidation of companies -- is suggesting defense officials be more explicit than he was when dealing with industry in the face of flattened defense budgets.

December 03, 2015 | Daily News

Split from Computer Sciences Corp. and designed to focus on U.S. government work, CSRA will still retain a focus on commercial practices, the contractor's chief executive told Inside Defense this week.

December 02, 2015 | Daily News

Lockheed Martin has postponed a planned decision on its government IT infrastructure services and technical services businesses from the end of this year to the first quarter of next year, according to the contractor's chief financial officer.

December 02, 2015 | Daily News

Speakers at a Center for Strategic and International Studies panel on defense spending said the recently approved two-year budget deal provides a path forward, but argued more work remains to improve long-term stability.

November 24, 2015 | Daily News

Contracting advocates and attorneys say a proposed regulation meant to reduce extraneous paperwork has the right intent, but is not likely to solve the problem.

November 23, 2015 | Daily News

Lou Von Thaer, the new chief executive of training and logistics contractor DynCorp International, is hoping to grow the business with foreign sales while staying close to the company's core skills, he told Inside Defense in an interview.

November 20, 2015 | Daily News

Panelists at a Professional Services Council event on Thursday agreed the defense industry is reshaping, but argued it's too simplistic to call it consolidation.

November 16, 2015 | Daily News

As the Pentagon pursues new tools to manage potential defense industry consolidation, the acting head of the manufacturing and industrial base policy office said the Defense Department is particularly interested in ways to influence acquisitions that are part of larger trends.

November 12, 2015 | Daily News

Seabury Global Aerospace & Defense Consulting said Thursday it has named Paul Meyer, formerly of Aerojet Rocketdyne, executive vice president.

November 11, 2015 | Daily News

The Pentagon has released a 160-page report identifying excessive costs imposed on the defense industry, as well as recommendations on how to begin eliminating them.

November 11, 2015 | Daily News

Contracting advocates say the defense industry is increasingly under pressure to verify and diversify their groups of suppliers, facing expanding regulation from the Pentagon.

November 09, 2015 | Daily News

Defense industry executives and Pentagon officials said this weekend the pressure is on to innovate, given the advances of other countries' military capabilities.

November 06, 2015 | Daily News

Lockheed Martin said today its acquisition of Sikorsky from United Technologies Corp. is complete, marking the end of one of the largest defense industry transactions in recent years.

Dan Schultz, who headed Lockheed's ship and aviation systems business and led the integration effort, has been named president of Sikorsky.

He told reporters in a conference call Friday morning Lockheed will be integrating Sikorsky into its mission systems and training business. However, he said he doesn't expect layoffs and Sikorsky's headquarters will remain in Connecticut.

November 05, 2015 | Daily News

Industry advocates say the False Claims Act, meant to help root out fraud and abuse by government contractors, is instead being used to punish companies for rogue employee actions or mistaken contract non-compliance, putting companies in a difficult position.

November 03, 2015 | Daily News

As the Defense Department focuses its attention on Silicon Valley entrepreneurs, it will have to make a compelling case to these companies, one member of the new group focused on building these relationships said Tuesday.

October 28, 2015 | Daily News

One day after Northrop Grumman snagged the highly coveted Long-Range Strike Bomber award, the company's chief executive said the contractor is "ready to get to work."