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Defense Business Alert

May 23, 2016

KBR, the engineering and construction company, said Monday it has agreed to acquire Wyle, which provides engineering and professional services to the Pentagon and other federal agencies.

May 20, 2016

The controversial lowest-priced, technically acceptable contracting approach is set to receive more scrutiny if policy bills moving through Congress are approved.

May 17, 2016

General Dynamics Electric Boat on May 20 will submit its proposal to the Navy for detailed design of the multimillion-dollar Ohio-class ballistic missile submarine program, according to a service official.

May 17, 2016

The head of the Defense Security Cooperation Agency on Tuesday downplayed reported delays in the foreign military sales process -- but said the agency is working toward improved speed and transparency.

May 16, 2016

Contractors can expect to see some significant changes to the way they do business with the Pentagon on everything from bid protests to accounting compliance should the Senate Armed Services Committee's fiscal year 2017 defense authorization bill become law.

May 13, 2016

Seeking a larger role for commercial companies, the Senate Armed Services Committee is pushing the Pentagon toward fixed-price contracts it says require fewer "expensive government unique processes."

May 12, 2016

The Pentagon is proposing a revision to acquisition regulations that would expand the presumption that an item was developed at private expense, potentially diminishing the concerns of some commercial manufacturers.

May 11, 2016

In her first public remarks since taking over Boeing's defense business, Leanne Caret said her top priority is the KC-46 tanker program.

May 10, 2016

Pentagon acquisition chief Frank Kendall is seeing new support on Capitol Hill advocating for the relaxation of the Defense Department's oversight relationship with industry and he is worried his successor will be pressured to adopt a more "laissez faire" attitude in the next presidential administration.

May 5, 2016

Two large services contractors have filed protests over the Defense Information Systems Agency's ENCORE III solicitation, which has generated controversy by using the lowest-price, technically acceptable contracting approach.

May 4, 2016

Leidos is laying the groundwork for its merger with Lockheed Martin's information systems and global solutions unit, readying for additional business units and a more sizeable corporate office.

May 3, 2016

Following multiple acquisitions, stability operations contractor Sterling Global Operations has rebranded itself as Janus Global Operations and is seeking growth.

April 29, 2016

A panel of defense industry insiders this week downplayed the recent statement from the Justice Department and the Federal Trade Commission related to industry consolidation.

April 28, 2016

Raytheon said Thursday sales in the defense contractor's first quarter grew nearly 9 percent to reach $5.8 billion.

April 27, 2016

A new task force, organized by the Center for a New American Security, is set to explore how the next administration can best manage the changing U.S. defense industrial base. (Updated April 27)

April 27, 2016

NEW YORK -- L-3 Communications, one of the nation's largest defense contractors, is quietly remaking itself by jettisoning its less-profitable services work and pursuing additional international and commercial sales.

April 27, 2016

Sales were mostly flat for some of the largest defense contractors during their most recent quarters, companies reported Wednesday.

April 27, 2016

Boeing on Wednesday reported a $156 million after-tax charge on the KC-46 tanker program, marking the company's third charge on the program and bringing the total amount of the charges to nearly $1 billion.

April 26, 2016

A new task force, organized by the Center for a New American Security, is set to explore how the next administration can best manage the changing U.S. defense industrial base.

April 19, 2016

Three Silicon Valley chief executives said Tuesday they want to continue working with the Pentagon, but need a speedier path to sales.