Boeing has taken another hit on the KC-46 tanker development program, announcing $334 million in after-tax cost growth during its second-quarter earnings report today.
Defense Business Alert
July 25, 2018 |
Daily News
The new defense policy bill authored by House and Senate lawmakers directs the Pentagon to study contract award bid protests that have been filed with both the Government Accountability Office and the U.S. Court of Federal Claims.
July 24, 2018 |
Daily News
Lockheed Martin today reported sales in its most recent quarter reached $13.4 billion, up from $12.6 billion in the same three-month period a year earlier.
July 21, 2018 |
Daily News
Perspecta, the new company formally created last month by combining Vencore with DXC Technology's U.S. public sector business and KeyPoint Government Solutions, will be able to pursue $10 billion to $15 billion more in work through its combined capabilities and increased scale, the contractor's chief executive said last week.
July 20, 2018 |
Daily News
The Army is reviewing how it uses other transaction agreements to accelerate the acquisition process, while lawmakers worried about transparency attempt to tighten oversight of the process.
July 17, 2018 |
Daily News
Marine Corps Maj. Gen. John Jansen said today he's set to soon debrief Gen. Joe Dunford, the chairman of the Joint Chiefs of Staff, and Pat Shanahan, the deputy defense secretary, about a June industrial base examination held at the Dwight D. Eisenhower School for National Security and Resource Strategy.
July 16, 2018 |
Daily News
The Pentagon plans to develop a strategy to hasten its lengthy contract award timelines, according to Director of Defense Pricing Shay Assad.
July 13, 2018 |
Daily News
Wes Bush, Northrop Grumman's chief executive, will step down Jan. 1, the company announced today.
July 12, 2018 |
Daily News
Kratos Defense & Security Solutions, readying to grow its tactical and target drone businesses, has opened a new facility, teamed with another contractor to bolster its capacity and hired a former four-star Air Force general as a consultant.
July 10, 2018 |
Daily News
The Senate Appropriations Committee remains concerned the Defense Department does not have adequate policies and controls in place to enforce limitations on its annual amount of contracted services and is urging the Pentagon comptroller to review the matter.
July 03, 2018 |
Daily News
The Pentagon late last month proposed amending defense acquisition regulations to "encourage contractors to propose commercial or non-Government standards and industry-wide practices that meet the intent of military specifications and standards."
June 29, 2018 |
Daily News
Northrop Grumman over the last year has opted not to bid in four major competitions, raising questions among some analysts about the company's long-term strategy.
June 26, 2018 |
Daily News
The Defense Innovation Unit Experimental is updating its guidebook for using other transaction agreements after the Government Accountability Office upheld a protest against one of the organization’s production agreements.
June 23, 2018 |
Daily News
Senate lawmakers, afraid the Army might award a foreign company a sole-source contract to replace transmissions for the entire fleet of Bradley fighting vehicles, have taken steps to insulate U.S. manufacturers by proposing legislation requiring a full and open competition, Inside Defense has learned.
June 20, 2018 |
Daily News
Amazon Web Services, the largest commercial cloud provider in the world, sees the Defense Department as central to a federal sector that's been slow to modernize its IT infrastructure, but has just started to embrace commercial cloud technologies.
June 19, 2018 |
Daily News
IT services contractor NCI is today launching an artificial intelligence technology meant to help the government address mundane and repetitive tasks, from data entry to service desk support.
June 18, 2018 |
Daily News
The Missile Defense Agency's reliance on undefinitized contracts -- which the military uses to authorize companies to begin work on weapons projects before agreeing to final terms -- has increased dramatically over the last five years, according to a congressional audit.
June 14, 2018 |
Daily News
The Pentagon, on the heels of completing a review of its manufacturing industrial base, will soon begin studying whether U.S. industry is prepared to deliver the game-changing technologies the Defense Department seeks to field in the future.
June 14, 2018 |
Daily News
The head of the Air Force Sustainment Center told lawmakers Thursday the intellectual property that supports weapon system development has become more valuable than the actual hardware -- a shift that has sparked some concern among lawmakers and the Defense Department as they struggle to negotiate with industry for access to those data rights.
June 13, 2018 |
Daily News
House lawmakers are moving to restrict how quickly the Defense Department can shift other transaction agreements from prototype work to production after government auditors ruled DOD improperly awarded a nearly $1 billion follow-on production agreement earlier this spring.