Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
The task force leading a new defense industrial base review recently held an "interim readout" of the effort's initial findings, according to the principal deputy director of the Pentagon's manufacturing and industrial base policy shop.
A top Pentagon industrial base policy official confirmed the Defense Department will be reviewing General Dynamics' proposed deal to acquire CSRA.
The leader of the Pentagon's Silicon Valley outpost has departed, with no immediate successor named.
KBR said it has agreed to buy Stinger Ghaffarian Technologies, better known as SGT, for $355 million as it increasingly moves into the government services market.
Leidos said sales in 2017 hit $10.2 billion, up about 44 percent from $7 billion in 2016.
Aerojet Rocketdyne said sales in 2017 were just shy of $1.9 billion, up almost 7 percent from 2016.
Acquiring CSRA will help General Dynamics better compete in the consolidating IT services market, GD's chief financial officer said.
ManTech International said sales in 2017 reached $1.7 billion, up about 7 percent from 2016.
Curtiss-Wright has agreed to acquire the assets of Dresser-Rand's government business for $213 million in cash.
Huntington Ingalls said Michael Smith, executive vice president for strategy and development, is moving to the company's technical solutions division to oversee the SN3 business, effective immediately.
Leidos said John Jumper, the contractor's former chief executive, will leave its board of directors at the end of his term.
Key Pentagon officials are scheduled to appear throughout the week at a series of congressional hearings and conferences hosted by Washington think tanks and defense industry associations.
The Pentagon will soon deliver a proposal to the director of national intelligence to reform the security clearance process by relying more on the use of "continuous evaluation" technologies and automated record checks rather than periodic background investigations.
While the Pentagon agrees that imports of steel and aluminum "impair" national security, it has warned that trade restrictions stemming from the Commerce Department Section 232 investigations could harm relationships with key allies.