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Defense Business Alert

February 19, 2015

Orbital ATK, the company created earlier this month by merging Orbital Sciences with ATK's defense and aerospace groups, has already cut about 500 jobs as part of an effort to improve efficiency, executives said Thursday.

February 19, 2015

Lockheed Martin will continue to make the case against sequestration, Robert Rangel, who heads the company's Washington operations, said this week.

February 18, 2015

As Lockheed Martin reshapes for tougher times, the contractor is significantly boosting its focus on international sales, hiring hundreds in the countries where it hopes to win work and opening new offices abroad, top executives said Wednesday.

February 17, 2015

The new chief executive of the National Defense Industrial Association is seeking to adapt the organization for a tougher time for industry and for government-focused conferences.

February 13, 2015

Government contracting advocates and attorneys say they are concerned that new regulations related to trafficking create too many questions to be well implemented.

February 12, 2015

The chief executive of Vencore is rapidly remaking the company, turning a former Lockheed Martin unit into a services company with a much broader range of customers and capabilities.

February 11, 2015

As government spending declines, the new chief executive of Booz Allen Hamilton says the contractor is positioning itself to grow, investing in international work and in new ideas.

February 9, 2015

The Army and Air Force have released a ranked list of contractors as part of a Defense Department-wide effort to recognize top-tier companies and hold poor performers accountable.

February 6, 2015

Harris Corp. said Friday it has agreed to acquire Exelis in a $4.75 billion deal, marking a major move to consolidate the defense industry as Pentagon spending dips.

February 6, 2015

Harris Corp. said Friday it has agreed to acquire Exelis in a $4.75 billion deal, marking a major move to consolidate the defense industry as Pentagon spending dips.

February 5, 2015

Curtiss-Wright's defense solutions division has opened what it is calling the "bicycle shop," an internal incubator meant to explore next-generation technologies.

February 4, 2015

The aggressive price wars in the government services market are generating lower profit margins, pushing at least one of the largest defense contractors to question whether these businesses are worth keeping.

February 2, 2015

More than a year after splitting its business into two pieces, Science Applications International Corp. is reshaped for a tougher environment and ready for growth, its chief executive told InsideDefense.com.

January 30, 2015

Defense contracting executives said this week that they view the spending bill passed in December as well as next week's planned budget release as positive steps -- but cautioned that there remains uncertainty around the debt ceiling and sequestration.

January 29, 2015

Some of the largest defense contractors reported Thursday a decline in sales -- but several executives said they are seeing a better spending environment emerge this year.

January 28, 2015

Defense contractors from General Dynamics to Booz Allen Hamilton to Boeing reported boosts in quarterly sales and profit Wednesday.

January 27, 2015

Lockheed Martin, the world's largest defense contractor, said Tuesday that profit in its most recent quarter hit $904 million, up about 85 percent from the same three-month period a year ago.

January 26, 2015

Raytheon announced today it has acquired Sensintel, a Tucson, AZ-based company that specializes in unmanned aircraft systems technology for intelligence and special operations agencies.

January 22, 2015

The government's acquisition workforce is at risk of missing out on an opportunity to change its culture and practices to bolster innovation, according to a new survey conducted by the Professional Services Council industry group.

January 21, 2015

The U.S. government has made significant progress in updating export controls, according to Wes Bush, the chief executive of Northrop Grumman.

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