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Defense Business Alert

July 16, 2020 | Daily News

While the Trump administration has published a long-awaited rule to ban contractors from using certain Chinese equipment, industry groups are still seeking an extension to the looming deadline, as they argue there's not enough time for businesses to digest the sweeping regulation and that it will add billions in compliance costs to a struggling U.S. economy.

July 14, 2020 | Daily News

Industry groups say contractors are tracking the Pentagon and Capitol Hill's plans to reimburse them for pandemic-related expenses as discussions continue.

July 13, 2020 | Daily News

The House is poised to pass legislation that gradually ramps up "Buy American" requirements on the Defense Department's largest programs of record, but industry representatives and analysts say the "arbitrary" rules could trip up important weapons developments and hurt international cooperation on defense programs.

July 09, 2020 | Daily News

In a new letter sent to the Pentagon this week, eight of the largest defense contractors say they are preparing their estimated costs related to COVID-19 relief legislation and warn the Pentagon will need additional funding to cover these expenses.

July 08, 2020 | Daily News

The Pentagon is working with major U.S. technology companies on a range of artificial intelligence projects, including software to help streamline warfighting operations, according to the head of the Joint Artificial Intelligence Center.

July 08, 2020 | Daily News

The General Services Administration has released a final request for proposals for small businesses that want to provide IT services to agencies that could have lasting repercussions for contractors wanting to do business with the Defense Department and civilian agencies, according to a leading contract lawyer.

July 07, 2020 | Daily News

BAE Systems' U.S. business now has a committee assessing the future of work at the company given the changes brought by the ongoing coronavirus outbreak, according to BAE's new chief executive.

June 30, 2020 | Daily News

U.S. Transportation Command confirmed the award of the $7.2 billion Global Household Goods contract to American Roll-on Roll-Off Carrier after clearing the company of improperly withholding information about its parent company.

June 24, 2020 | Daily News

The Senate is advancing legislation to force Pentagon and White House leadership to consider sweeping industrial policy actions in the coming years to boost the resiliency of U.S. supply chains, as lawmakers remain concerned about an overreliance on China.

June 24, 2020 | Daily News

The Senate Armed Services Committee has approved a fiscal year 2021 defense authorization bill that would repeal a previous provision requiring large defense contractors to reimburse the Pentagon for the cost of processing losing bid protests.

June 24, 2020 | Daily News

New space technology company Redwire said this week it has acquired Made In Space, which provides on-orbit space manufacturing technologies.

June 22, 2020 | Daily News

Pentagon acquisition chief Ellen Lord said today the defense industrial base is making an "enormous recovery" after a three-month slowdown caused by the COVID-19 outbreak, but she stressed the continued need for supplemental funding in the "lower double-digit" billions to reimburse contractors for pandemic-related disruptions.

June 16, 2020 | Daily News

ManTech International's move from a two-group to three-division structure is a "natural" move that will be mostly complete by the end of the year, according to the company's chief executive.

June 16, 2020 | Daily News

The Defense Department inspector general intends to audit sole-source depot maintenance contracts performed at contractor facilities to determine whether the military has negotiated "fair and reasonable" prices.

June 11, 2020 | Daily News

The top Republican and Democrat on the Senate Armed Services Committee said today they support Pentagon acquisition chief Ellen Lord's assessment that the Defense Department will need billions in supplemental funding to reimburse contractors for costs related to COVID-19.

June 11, 2020 | Daily News

Some of the largest defense contractors say they're seeking to work with Congress to change or reverse a portion of the 2017 tax legislation that would, effective in 2022, require companies to delay writing off research and development costs.

June 02, 2020 | Daily News

The chief financial officer of Lockheed Martin said today the company is "exploring" whether it makes sense to adjust for the cost effects of the coronavirus outbreak at a "corporate macro level," rather than altering each program.

May 29, 2020 | Daily News

Federal Communications Commission Chairman Ajit Pai says he personally spoke with Defense Secretary Mark Esper prior to the FCC approving Ligado Networks' controversial spectrum license, and Pai pushed back on Pentagon claims in a new letter to lawmakers.

May 29, 2020 | Daily News

The chief executive of Mercury Systems says the company is not expecting the ongoing coronavirus outbreak to delay production or to slow its hiring.

May 29, 2020 | Daily News

The economic slowdown brought on by COVID-19 could set back the Pentagon's nascent efforts to leverage commercial technologies, as venture capital funding recedes and big money government contracts for nontraditional companies remain elusive, according to new reports and interviews with Silicon Valley insiders.