Friday, December 14, 2018
Key Issues LTAMDS Inhofe Predictive maintenance
Marjorie Censer is Inside Defense's editor. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
The Defense Department said yesterday it will host three public meetings early next year "to obtain views of experts and interested parties in Government and the private sector regarding revising policies and procedures for contract financing, performance incentives, and associated regulations for DOD contracts."
Science Applications International Corp. said today it has named Donna Morea chair of its board of directors, effective following the closing of SAIC's planned acquisition of Engility next month.
Maxar Technologies said today its chief operations officer will retire at the end of the year.
Harris Corp. said today it plans to spend more than $125 million in internal research and development this fiscal year in Florida.
Maxar Technologies said Thursday it has sold one of its buildings in Palo Alto, CA, for $70 million.
Science Applications International Corp. said yesterday sales in its most recent quarter hit $1.2 billion, up 3 percent from the same three-month period the prior year.
Northrop Grumman said today it has named Lucy Ryan corporate vice president of communications, effective Jan. 1.
Science Applications International Corp. said today David Kerko and Katrina McFarland will become members of its board of directors once the company's planned acquisition of Engility closes.
The surge of new aerospace and defense work means Lockheed Martin must look beyond simply recruiting from competitors and must attract new employees to the industry, Jeff Babione, the general manager of the company's Skunk Works unit said today.
Lockheed Martin and Airbus said today they have signed an agreement "to jointly explore opportunities to meet the growing demand for aerial refueling for U.S. defense customers."
The Defense Department today issued a proposed rule that would implement sections of 2017 and 2018 legislation limiting the use of lowest-price, technically acceptable source selection.
Cerberus Capital Management said this week it has signed an agreement with Navistar International, under which Cerberus affiliates will acquire a 70 percent interest in Navistar's defense business.
Huntington Ingalls Industries said today it has acquired cybersecurity firm G2, which will join the company's technical solutions division.
Mercury Systems, a supplier to dozens of prime contractors, has been rapidly making acquisitions and is investing heavily in research and development as it seeks growth.
ManTech International said today it has named John McNiff senior vice president for business development in the company's mission, cyber and intelligence solutions group.
AeroVironment reported this week sales in its most recent quarter hit $73 million, up 11 percent from the same three-month period a year earlier.
General Dynamics European Land Systems said today it has acquired FWW Fahrzeugwerk, which provide maintenance for the German Army and other international customers.
In a new letter to a top acquisition official, the Professional Services Council is calling on the Pentagon to take steps to clarify how to use lowest price, technically acceptable contracting, a controversial strategy that has attracted significant attention in recent years.
The chief executive of Maxar Technologies said today the company is pursuing growth in its space systems business and will be more able to do so once it divests its geostationary communications satellite business.
United Technologies' plan to spin off Otis and Carrier into separate entities following its acquisition of Rockwell Collins means the company will need an adapted capital structure as well as new capital allocation policies, according to a new Moody's Investors Service report.