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Defense Business Alert

May 28, 2015 | Daily News

A federal court ruled Thursday that the Air Force may not proceed with a contract awarded to Exelis for maintenance services at Thule Air Base in Greenland.

May 27, 2015 | Daily News

The chief executives of two of the largest defense contractors said Wednesday they have cut costs and are now seeking growth, particularly through international sales.

May 27, 2015 | Daily News

The chief executives of two of the largest defense contractors said Wednesday they have cut costs and are now seeking growth, particularly through international sales.

May 26, 2015 | Daily News

The head of Northrop Grumman warned Tuesday that new and looming Pentagon regulations impacting the defense industry's reimbursable independent research and development (IRAD) funding could end up costing the Defense Department valuable innovation at a time when America needs it most.

May 19, 2015 | Daily News

Computer Sciences Corp. said Tuesday it will split into two independent, public companies: one focused on the U.S. public sector and the other on commercial and international government customers.

May 18, 2015 | Daily News

Contracting advocates say an executive order signed last year and awaiting implementation could have significant negative implications for companies that do business with the government.

May 14, 2015 | Daily News

With the Pentagon focused on price and looking elsewhere for innovation, contractors must change the perception of their industry and work with the government to modernize, the head of an industry association said Thursday.

May 13, 2015 | Daily News

At least one chief executive is welcoming greater examination of bid protests, telling analysts in a  call last week that the current protest environment “is just ruining the procurement process.”

May 12, 2015 | Daily News

Chris Chadwick, who heads Boeing's Defense, Space and Security business, said during a May 12 investors' conference the company is seeing significant support for its programs in the fiscal year 2016 budget.

May 12, 2015 | Daily News

Contracting executives say they expect greater budget stability this year, but warn that award cycles remain lengthy and the fiscal year 2016 budget is far from settled.

May 08, 2015 | Daily News

Even as U.S. defense spending slows, LMI is more actively pursuing growth, seeking to expand its work with the military and internationally, according to its chief executive.

May 07, 2015 | Daily News

Huntington Ingalls Industries' chief executive on Thursday defended the contractor's recent acquisitions, as the company reported sales in its most recent quarter fell nearly 2 percent.

May 06, 2015 | Daily News

PAE is set to announce Thursday it has agreed to buy A-T Solutions to bolster its national security work.

May 06, 2015 | Daily News

Northrop Grumman's recent realignment of its airborne and space ISR businesses was a result of growth, according to the head of one of the newly created units.

May 05, 2015 | Daily News

The second request for information Harris Corp. received from the Justice Department in connection with its proposed purchase of Exelis is related to the Single Channel Ground and Airborne Radio System, Harris' chief executive said Tuesday.

May 04, 2015 | Daily News

While some defense contractors are skeptical about the Pentagon's emerging focus on Silicon Valley and nontraditional contractors, Booz Allen Hamilton's top defense executive says his company sees opportunity to serve as a "conduit."

May 04, 2015 | Daily News

Ray Sheldon has been named chief operating officer at Gibbs & Cox, a naval architecture and marine engineering firm, the company announced today.

May 01, 2015 | Daily News

AgustaWestland North America, working with three other companies, is weighing the military's interest in a new way to train rotary-wing pilots -- without buying aircraft.

April 30, 2015 | Daily News

Bill Lynn, the former deputy defense secretary who now leads Finmeccanica North America, argued Thursday the defense industry is facing dramatic change following the end of the wars in Iraq and Afghanistan.

April 29, 2015 | Daily News

Both General Dynamics and Northrop Grumman, two of the largest defense contractors, reported on Wednesday sales increases in their most recent quarters.