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Defense Business Alert

April 27, 2015 | Daily News

After Defense Secretary Ash Carter finished a speech last week at Stanford University encouraging greater cooperation between the Pentagon and Silicon Valley innovators, he was asked why non-defense technology companies should even consider entering the Defense Department's infamously labyrinthine acquisition system.

April 27, 2015 | Daily News

Cubic Corp.'s two defense segments have been combined into one, bringing together its products and services as the company seeks to bolster international sales and expand into new areas.

April 24, 2015 | Daily News

As General Dynamics and Boeing move away from commercial cybersecurity, Raytheon and Northrop Grumman are making significant investments in the area, hoping it can spur growth as federal spending wanes.

April 23, 2015 | Daily News

Raytheon said Thursday sales and profit fell in its most recent quarter, as all four of the company's business units reported revenue declines.

April 22, 2015 | Daily News

Harris Corp. said in an April 22 filing with the Securities and Exchange Commission that it now expects a request for additional information related to antitrust approval of its effort to purchase Exelis.

April 22, 2015 | Daily News

Boeing's profit rose 38 percent in its most recent quarter, buoyed by growth in its commercial airplanes division, the company announced April 22.

April 21, 2015 | Daily News

Lockheed Martin, the world's largest defense contractor, reported Tuesday that sales and profits in its most recent quarter fell.

April 20, 2015 | Daily News

Huntington Ingalls Industries said today it has completed discussions with Kinder Morgan Energy Partners about redeveloping the contractor's closed Avondale shipyard in Louisiana, and the two have decided not to move forward with a joint venture.

April 20, 2015 | Daily News

Raytheon said Monday it has entered an agreement with private-equity firm Vista Equity Partners to create a new cybersecurity company able to sell to both government and commercial organizations.

April 15, 2015 | Daily News

Major defense contractors were silent this week on the Pentagon's newly announced effort to play a larger role in guiding industry's independent research and development (IRAD) spending, though industry advocates behind the scenes said they would continue to lobby the Defense Department and lawmakers for fewer acquisition regulations.

April 09, 2015 | Daily News

The Navy is looking to engage more with small businesses in the information technology realm and has developed a new construct deemed the “innovation cell” to work with industry, according to a service official.

April 08, 2015 | Daily News

Some defense contractors are accepting the Pentagon's push to invest more in research and development even as sales decline, arguing the right investments will pay off, despite the tightened environment.

April 07, 2015 | Daily News

In a new letter, the National Defense Industrial Association says a proposed rule would undermine the mentor-protégé program, which partners small businesses with larger ones that provide various kinds of business help.

April 06, 2015 | Daily News

Standard & Poor's Ratings Services this month raised AAR Corp.'s credit rating, following the company's sale of Telair Cargo Group.

April 02, 2015 | Daily News

Lockheed Martin has purchased a high-speed wind tunnel in Grand Prairie, TX, in an effort to preserve the availability of the facility and make improvements.

April 01, 2015 | Daily News

Some defense contractors and industry advocates say the Pentagon and other federal agencies are increasingly overreaching when it comes to owning companies' intellectual property.

April 01, 2015 | Daily News

Centerra Group said today it has acquired Gregg Protection Services, which specializes in protecting nuclear and biological assets.

March 31, 2015 | Daily News

Even as some defense services contractors report the worst is over, others are still watching their businesses decline.

March 30, 2015 | Daily News

As the pool of available work shrinks, some defense contractors are increasingly looking to small businesses to find new business and hold on to what they have.

March 26, 2015 | Daily News

After high-level meetings between Danish and U.S. officials, the Air Force has agreed to conduct a new competition for maintenance at Thule Air Base in Greenland, potentially upending a multimillion-dollar deal that sparked outrage when it was awarded to Vectrus last year.