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Defense Business Alert

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.

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.

July 22, 2015 | Daily News

Boeing executives said Wednesday they remain sure of the KC-46 tanker program's long-term value -- despite a $536 million pre-tax charge the company announced last week.

July 21, 2015 | Daily News

(Editor's Note: This story has been updated to include comments from Lockheed Martin officials and additional analyst commentary.)

Lockheed Martin said Monday it will buy Sikorsky from United Technologies Corp. for $9 billion in one of the largest defense consolidation moves in recent years.

At the same time, Lockheed said it will begin reviewing its government IT infrastructure services and technical services businesses -- worth about $6 billion in annual sales -- for either a spin-off or sale.

July 21, 2015 | Daily News

With Lockheed Martin now ready to buy Sikorsky, United Technologies will become "more focused" on its core businesses, the UTC chief executive said Tuesday.

July 16, 2015 | Daily News

As the Pentagon adapts its processes for identifying insider threats, contractors will soon have to put together their own policies, a Defense Department official said Thursday.

July 15, 2015 | Daily News

With the government's fiscal year 2015 set to close at the end of September, contractors and federal agencies are preparing for a significant surge in spending.

July 13, 2015 | Daily News

In its most recent quarter, the Pentagon fell short of its goal of competing 59 percent of its obligated dollars and dipped below the competition rate from the same period the prior year, according to a new memo from the director of defense procurement and acquisition policy.

July 13, 2015 | Daily News

The Aerospace Industries Association, which announced a new chief executive last month, on Monday said it has hired three new executives to head its acquisition policy, legislative affairs and communications efforts.

July 10, 2015 | Daily News

Harris Corp. said Friday it will maintain its corporate headquarters in Melbourne, FL, following its $4.75 billion acquisition of Exelis.

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