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Services Contracting

October 01, 2018 | Daily News

The Pentagon, beset by congressional opposition and industry outcry, is backing off a controversial proposal that would have reduced defense contractor progress payments, according to a statement from Deputy Defense Secretary Pat Shanahan.

September 26, 2018 | Daily News

House Armed Services Committee Chairman Mac Thornberry (R-TX) said today he and Senate Armed Services Committee Chairman Jim Inhofe (R-OK) have sent a letter to the Pentagon opposing plans to reduce defense contractor progress payments, arguing that doing so is "inconsistent" with congressional intent. (UPDATED)

September 24, 2018 | Daily News

MAG Aerospace, founded less than a decade ago, is seeking growth, hoping to expand into adjacencies and build a larger international business, according to its chief executive.

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.

July 26, 2018 | Daily News

Some of the largest defense contractors today reported sales boosts in their most recent quarters.

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.

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 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.

June 04, 2018 | Daily News

Parsons last month picked up Polaris Alpha, a significant step in its effort to accelerate the growth of its federal business.

May 26, 2018 | Daily News

An improving U.S. defense budget has led DynCorp International to return to its historical core markets, boosting profits and leaving the company weighing its acquisition options.

March 29, 2018 | Daily News

Senior Defense Department officials are calling on industry to better protect their supply chains from cyber threats, but uncertainty surrounding DOD's implementation of stringent network security requirements has companies wondering how the department will enforce compliance moving forward.

March 28, 2018 | Daily News

CACI International announced this morning it was withdrawing its offer to buy CSRA, giving General Dynamics a clear path to purchase the latter company.

March 23, 2018 | Daily News

Air Force Secretary Heather Wilson said this week the service may need Congress' assistance in negotiating with industry for intellectual property rights for new programs and for older systems with obsolete or obscure parts replacement needs.

March 19, 2018 | Daily News

CACI International has thrown its hat into the ring in the chase to purchase CSRA, offering more money per share than General Dynamics’ multibillion-dollar bid.

March 02, 2018 | Daily News

The head of Forcepoint's global governments unit is seeking to grow the company's longstanding work in cross-domain and insider threat work, while also building its more traditional cybersecurity business in critical networks and other areas.

February 23, 2018 | Daily News

KBR said today it has agreed to buy Stinger Ghaffarian Technologies, better known as SGT, for $355 million as it increasingly moves into the government services market.

February 14, 2018 | Daily News

L3 Technologies was one of the first to sell off its services business, spinning off what's now Engility in 2012. Lockheed Martin followed suit in 2016, divesting its information systems and global solutions unit.

February 09, 2018 | Daily News

The new tax legislation passed late last year has been hailed by many business executives, who argue the changes will help them invest in their workers and new technology.

February 08, 2018 | Daily News

The Defense Department has awarded a contract worth up to $950 million for cloud services to an Amazon Web Services partner, but says the award is unrelated to a high-level steering group's plans for accelerating cloud adoption across the department.

February 02, 2018 | Daily News

Nearly two years into her tenure as chief executive, Lynn Dugle is seeking new ways to differentiate Engility, looking to product toolkits to help the contractor stand out in competitive areas.

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