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Defense Business Alert

September 19, 2018 | Daily News

NATIONAL HARBOR, MD -- Two L3 Technologies executives, both of whom joined the contractor this year, said the company's more integrated approach will open up opportunities, particularly in maritime work and in the international market.

September 14, 2018 | Daily News

The defense spending bill agreed to by conference negotiators limits how the Pentagon can spend its funding for cloud efforts, including the high-profile Joint Enterprise Defense Infrastructure initiative. 

September 13, 2018 | Daily News

Lockheed Martin today confirmed its venture capital arm has invested in Main Sequence Ventures, the VC firm managing the Commonwealth Scientific and Industrial Research Organization Innovation Fund.

September 12, 2018 | Daily News

The head of the Defense Security Cooperation Agency says cost waivers granted to countries buying U.S. weapons are key to securing arms deals, as some lawmakers have questioned the practice of giving billions in discounts to rich Middle Eastern nations.

September 10, 2018 | Daily News

Science Applications International Corp. said today it has agreed to acquire Engility in an all-stock deal worth $2.5 billion to create a $6.5 billion government services contractor.

September 06, 2018 | Daily News

The soon-to-be-released industrial base report overseen by the Pentagon includes “very detailed recommendations,” the Defense Department's top industrial policy official said Wednesday.

September 05, 2018 | Daily News

Under Secretary of Defense for Acquisition and Sustainment Ellen Lord said today the Pentagon is working on new standards for the procurement of intellectual property, something she acknowledged has long been a "thorny" issue between the government and defense contractors.

August 29, 2018 | Daily News

The Air Force Space and Missile Systems Center expects by September to begin implementing new procedures to hold contractors responsible for poor performance.

August 29, 2018 | Daily News

Lockheed Martin Ventures has made a second investment in Ocean Aero, the developer of the Submaran unmanned maritime vehicle.

August 29, 2018 | Daily News

The Defense Department maintains it will have multiple cloud computing providers in the future and is telling companies its cloud strategy "continues to evolve," as DOD prepares to respond to a protest against a potentially $10 billion solicitation. 

August 29, 2018 | Daily News

PAE, long known for maintaining facilities overseas for the State Department, has significantly expanded its reach, adding business process outsourcing and national security work, among other areas, to become a $2.5 billion contractor.

August 24, 2018 | Daily News

The Defense Department today moved to eliminate text in defense acquisition regulations that required major contractors to engage in "technical interchanges" with Pentagon employees to ensure independent research and development costs were considered allowable.

August 21, 2018 | Daily News

The coordinator of an influential Pentagon advisory panel says contractors who file bid protests against Defense Department acquisitions are slowing down efforts to modernize DOD's IT infrastructure.

August 17, 2018 | Daily News

SAPA Transmission, the U.S. subsidiary of a Spanish defense contractor, is moving forward with support from the state of Michigan to establish a bona fide industrial operation there, advancing plans for a domestic manufacturing beachhead to challenge the Pentagon's two long-standing combat vehicle transmission suppliers.

August 16, 2018 | Daily News

When Huntington Ingalls Industries bought Camber in late 2016, it paired the government services company with six other businesses -- from an oil and gas company to its unmanned systems group -- to create a new division called technical solutions.

August 15, 2018 | Daily News

Industry groups are pushing Congress to compel the government to take steps to drastically reduce the backlog of background investigations as the Pentagon readies to take over the investigative process.

August 08, 2018 | Daily News

Trump administration officials said today the government has embarked on a new era in foreign military sales to boost the U.S. defense industry and maintain global influence amid the rise of China and resurgence of Russia.

August 02, 2018 | Daily News

L3 Technologies said today it is consolidating two business units to “maximize growth and improve its integration and collaboration.”

August 01, 2018 | Daily News

Lynn Dugle, Engility's chief executive, said during a call with analysts today the contractor is seeing a much higher percentage of its existing programs being extended -- and often expanded -- rather than being recompeted.

July 30, 2018 | Daily News

The latest defense policy bill agreed to by congressional authorizers doesn't alter the Pentagon's ability to award other transaction agreements, despite controversy surrounding a nearly $1 billion OTA made earlier this year.

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