Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Forcepoint, Raytheon's cyber business, will not a be a "long-term part of the [Raytheon Technologies] portfolio," according to Tom Kennedy, the chief executive of Raytheon.
The Government Accountability Office received 2,198 bid protest cases in fiscal year 2019, down 16% from the prior year, according to a new report sent to Congress.
The chief executive of Huntington Ingalls Industries said the company is working closely with the Navy on the aircraft carrier Gerald Ford (CVN-78), which has come under fire from Congress and top Navy officials in recent weeks.
General Dynamics' Electric Boat sales are set to double over the next decade, driven by the Columbia-class program, the company's chief executive said.
Kratos Defense & Security Solutions said sales in its most recent quarter totaled $184 million, up about 15% from the same three-month period a year earlier.
Oshkosh will be "opportunistic" when it comes to acquiring other businesses, according to the company's new chief operating officer
Lockheed Martin said it has appointed Andy Adams to oversee its Future Vertical Lift work, effective Nov. 18.
Senior defense officials are scheduled to speak around the Washington area this week, including at a congressional hearing on the F-35 Joint Strike Fighter.
The Defense Department is preparing to review its decades-old policy for paying contractors, including a look at how potential changes might impact the profits of defense companies.
The Pentagon's acquisition office is seeking industry input on establishing an accreditation body for third-party auditors as part of a cybersecurity certification program for contractors, expected to be rolled out in some form next year.
The Pentagon's policies and processes serve as major impediments in the U.S. military's adoption of artificial intelligence technologies, according to a new report, as another panel takes aim at the Defense Department's acquisition system.