Contracting advocates say an executive order signed last year and awaiting implementation could have significant negative implications for companies that do business with the government.
Wednesday, May 1, 2024
Wednesday, May 1, 2024
Key Issues HADES deployment SAOC contract FORGE framework
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.
Contracting advocates say an executive order signed last year and awaiting implementation could have significant negative implications for companies that do business with the government.
3D Systems announced today it has inked a cooperative research and development agreement with Naval Sea Systems Command's Naval Surface Warfare Center Carderock Division to develop and evaluate 3D printing technology for military uses.
General Dynamics said today that Larry Flynn, president of Gulfstream Aerospace, will retire on June 30 for health reasons. Mark Burns, president of product support for Gulfstream, has been named the new president.
With the Pentagon focused on price and looking elsewhere for innovation, contractors must change the perception of their industry and work with the government to modernize, the head of an industry association said Thursday.
Top defense industry executives recently met with Frank Kendall, the Pentagon's acquisition chief, to voice objections to new Defense Department policies poised to increase the government's oversight of the money it spends reimbursing companies for independent research and development (IRAD), according to officials close to the matter.
Kratos Defense and Security Solutions said last week a strategic review of its business should be complete by the end of June.
At least one chief executive is welcoming greater examination of bid protests, telling analysts in a call last week that the current protest environment “is just ruining the procurement process.”
Huntington Ingalls Industries said today it has named George Jones vice president of operations at Ingalls Shipbuilding and Tim Farrell vice president of new Navy programs at Ingalls Shipbuilding.
Chris Chadwick, who heads Boeing's Defense, Space and Security business, said during a May 12 investors' conference the company is seeing significant support for its programs in the fiscal year 2016 budget.
Contracting executives say they expect greater budget stability this year, but warn that award cycles remain lengthy and the fiscal year 2016 budget is far from settled.
Engility said today sales grew in its most recent quarter, following the acquisition of TASC in late February, but the company suffered a loss for the three-month period.
Even as U.S. defense spending slows, LMI is more actively pursuing growth, seeking to expand its work with the military and internationally, according to its chief executive.
Delta Tucker Holdings, the parent company of DynCorp International, reported today that sales in its most recent quarter fell about 24 percent to hit $467 million.
Vectrus, the contractor spun off from Exelis last year, announced Wednesday that sales in its most recent quarter fell 14.2 percent to reach $260.9 million.
Huntington Ingalls Industries' chief executive on Thursday defended the contractor's recent acquisitions, as the company reported sales in its most recent quarter fell nearly 2 percent.
Constellis Group, comprised of ACADEMI, Triple Canopy and others, announced today it has agreed to bring Olive Group, a company based in the Middle East, into its group.
PAE is set to announce Thursday it has agreed to buy A-T Solutions to bolster its national security work.
The Defense Department's fiscal year 2014 contract obligations totaled $285 billion, more than all of the other federal agencies' combined contract obligations, according to a new report from the Congressional Research Service.
Mission Essential announced today it has named Sunil Ramchand, who first joined the contractor in 2009, its new chief executive.
Exelis announced today sales in its most recent quarter increased to $785 million, up from $748 million in the same three-month period a year earlier.