Facing increasingly fast-paced technological change, Harris' space and intelligence systems business last year opened an innovation center meant to explore new ideas.
Wednesday, April 24, 2024
Wednesday, April 24, 2024
Marjorie Censer was Inside Defense's editor until July 2021. 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.
Facing increasingly fast-paced technological change, Harris' space and intelligence systems business last year opened an innovation center meant to explore new ideas.
Defense contractors on Thursday said the Pentagon's potential plan to reshape acquisition regulations so that companies can't use allowable research expenses to win contracts could backfire and disincentivize research spending.
Engility said today it lost $235 million in 2015, after taking a non-cash goodwill impairment charge of nearly $300 million.
Defense officials and executives agreed at a Wednesday panel that the bid protest process is needed, but said it has unintended consequences on the acquisition system.
Jim McNerney, the retired chairman and chief executive officer of Boeing, has been named a senior adviser at private equity firm Clayton, Dubilier & Rice, tasked with helping identify and evaluate new investment opportunities.
Orbital ATK said Tuesday it's planning three new investment projects, including one focused on precision ammunition and another on EELV technology.
Orbital ATK, adjusting to reflect the merger that took place last year, said today that 2015 sales hit $4.5 billion, up about 2 percent from the prior year.
After a career that's included jobs at the Pentagon, in industry and at a think tank, David Berteau is headed to the Professional Services Council, where he said services contracting is at a key moment.
Engility said today its board has appointed former Raytheon executive Lynn Dugle to lead the company, beginning March 21. John Hynes, the contractor's chief operating officer, has been promoted to president and COO.
As it prepares to close an acquisition that will nearly double its U.S. cybersecurity sales, Thales is seeking more growth in the cyber market.
Lockheed Martin and its Energy Systems and Utility Services subsidiaries have agreed to pay the U.S. government $5 million to resolve allegations they violated the Resource Conservation and Recovery Act and the False Claims Act, the Justice Department announced today.
Harris Corp. announced today it has agreed to sell its aerostructures business to Albany International for $210 million, including $187 million in cash and the assumption of a $23 million capitalized lease.
Lockheed Martin said today that John Rood will lead Lockheed Martin International, effective March 7.
Inside Defense has obtained a Congressional Research Service memorandum on U.S. imports from Russia.
AM General, the longtime maker of the humvee, will become far more diversified in the coming years, its new chief executive told Inside Defense this week.
General Atomics said Thursday it has agreed to buy Miltec Corp., which provides defense and aerospace systems design, development, integration and test services, from Ducommun.
Welcome to Throwback Thursday, Inside Defense's weekly look back at what was happening on or around this day in years past.
BWX Technologies said sales in 2015 hit $1.4 billion, down from $1.5 billion the prior year. However, yearly profit reached $131.5 million, up from $29.4 million the prior year.
Boeing said today Leanne Caret will take over the company's defense, space and security business unit starting March 1, succeeding Chris Chadwick.
GAO has denied a protest filed by Avon Protection Systems against a Naval Surface Warfare Command contract for emergency escape breathing devices.