Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
The number of vendors receiving prime contracts from the Pentagon shrunk by 17,000 from fiscal year 2011 to FY-15, according to a new report commissioned by the Aerospace Industries Association and undertaken by the Center for Strategic and International Studies.
An affiliate of private-equity firm DC Capital Partners has acquired stability operations contractor Janus Global Operations.
Endeavor Robotics has named two former Pentagon officials to a new advisory board.
The Pentagon's top procurement official is set to meet next month with three defense industry groups, the chief executive of the National Defense Industrial Association says.
Cubic says its mission solutions business division is opening a new facility in Tampa, FL.
As the current workforce ages and defense companies prepare for increased spending, they will face challenges in finding enough qualified employees, Bill Brown, Harris' chief executive, warns.
Boeing says Randall Stephenson, the chief executive of AT&T, has resigned from Boeing's board of directors "to devote his time and attention to matters at AT&T," according to a filing with the Securities and Exchange Commission.
General Dynamics says Howard Rubel has been named vice president of investor relations, effective Jan. 2.
The Professional Services Council says it has appointed Ryan McDermott vice president for defense and intelligence.
ManTech International says Kevin Phillips, the company's president, will become its next chief executive, beginning Jan. 1.
Science Applications International Corp. says Mark Johnson, the co-founder and managing partner of private-equity firm Astra Capital Management, has joined its board of directors.
The week before the Christmas holiday features few organized events as Congress strives to complete a bipartisan spending deal before the expiration of a continuing resolution Friday.
A new report from the Center for Strategic and International Studies finds that the number of prime suppliers serving DOD declined by about 17,000 during the defense drawdown.
The Pentagon wants to increasingly use "other transaction" authority to accelerate acquisition timelines and bolster its business with commercial companies, but DOD officials concede the department faces a lack of knowledge about the unusual contracting method.
The Pentagon sees public-private partnerships as one way to gain influence in a microelectronics market increasingly controlled by China, according to a defense official.
The federal government is ill-prepared to reduce the backlog of more than 700,000 background investigations, as officials don't have the requisite plans for addressing the issue, according to the Government Accountability Office.