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Defense Business Alert

November 24, 2015

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

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

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

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

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

November 11, 2015

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

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 9, 2015

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

November 6, 2015

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 5, 2015

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 3, 2015

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

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."

October 28, 2015

There are government contracting businesses worth billions up for potential sale, but one wouldn't know it from listening to the chief executives of some of the largest government contractors.

October 27, 2015

Defense industry executives say the Defense Department continues to overstep when it comes to technical data, pushing for companies to give more than contractors believe is necessary.

October 27, 2015

Orbital ATK and Textron Systems both reported profit growth Tuesday.

October 23, 2015

As the Defense Department pushes for more innovative technology, the head of Unisys' defense and intelligence business says her company's heavy focus on the commercial sector gives it a leg up.

October 23, 2015

The Army and Air Force are beginning "in-depth" analyses of spending on information technology services so they can identify ways to meet their requirements with strategic sources, according to a top Pentagon official.

October 22, 2015

Raytheon said Thursday that sales in its most recent quarter grew nearly 6 percent to hit $5.8 billion.

October 21, 2015

As contractors zero in on partnering with small businesses, Harris is solidifying its relationship with small business Government Tactical Solutions, providing the company office space as part of a new mentor-protégé relationship.

October 20, 2015

Lockheed Martin executives said Tuesday the defense contractor is on pace to complete two major reshaping initiatives by the end of the year.

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