Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
L3 Technologies is moving to focus its research and development and invest in or acquire innovative companies as its seeks to become a "non-traditional sixth prime" under new chief executive Chris Kubasik.
Parsons has acquired Polaris Alpha from private-equity firm Arlington Capital Partners and will add the company to its federal business unit.
Cubic Corp. said earlier this month its global defense business has formed a new strategic partnership with 4C Strategies to develop and deliver training and readiness capabilities.
Boeing said earlier this month it has signed a memorandum of agreement with Israeli company Assembrix to use Assembrix software to manage and protect intellectual property it shares with vendors during the design and manufacturing processes.
Endeavor Robotics has named David Adams chief financial officer, effective immediately.
Lockheed Martin has named Michele Evans deputy executive vice president for its aeronautics business, effective June 4.
The March 2018 Defense Department report to Congress "summarizes DOD industrial capabilities-related guidance, assessments, and actions initiated during FY 2017 and as they existed at the close of that fiscal year."
The Senate Armed Services Committee marks up the fiscal year 2019 defense authorization bill this week, while the full House looks to vote on its version of the bill once it clears the Rules Committee.
BALTIMORE, MD -- The Defense Department's new chief information officer wants to institute lasting change to DOD's information technology "estate," as he sees cloud computing as one of the underlying foundations to future military innovation.
The Pentagon's new weapon system technology chief is poised to shake up the U.S. military's research and development investment portfolio this summer with recommendations for likely increasing funding across 10 priority areas between fiscal years 2020 and 2024 in an effort to produce potentially game-changing capabilities within a decade.