Defense Business Briefing -- Jan. 5, 2021

Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.

This week's top story

GM Defense remains interested in JLTV re-compete, eyes other growth areas

GM Defense hopes to grow further after it won its first major Army contract in June, Jeff Ryder, the company's vice president for growth and strategy, said during an interview with Inside Defense earlier this month.

News & notes

Huntington Ingalls picks up autonomy business of Spatial Integrated Systems

Huntington Ingalls Industries said it has acquired the autonomy business of Spatial Integrated Systems to further expand its unmanned systems capabilities.

Lockheed Martin executive dies

Lockheed Martin said Michele Evans, who led the company's aeronautics business, died yesterday.

Vectrus acquires HHB Systems

Vectrus said it has acquired Springfield, VA-based HHB Systems, which specializes in facilities management, logistics, engineering, and asset management for intelligence agencies.

Vectrus to acquire Zenetex

Vectrus said it has agreed to acquire Herndon, VA-based Zenetex, which specializes in mission readiness, performance and enhanced protection for defense and national security, in a $112 million deal.

GAO reports slightly fewer protests in FY-20

The Government Accountability Office said 2,149 protests were filed in fiscal year 2020, down about 2% from the prior year.

GAO dismisses latest Raytheon protest as SDA reevaluates tracking layer bids

The Government Accountability Office dismissed Raytheon's most recent protest of a Space Development Agency contract for wide-field-of-view satellites.

Elbit Systems of America to acquire Sparton

Elbit Systems of America has agreed to acquire Sparton from an affiliate of private-equity firm Cerberus Capital Management for $380 million.

For Inside Defense subscribers

DOD and Congress likely to wrestle with pandemic costs in the new year

The Pentagon and Congress have yet to fully reckon with the costs the COVID-19 pandemic may have imposed on the U.S. defense industrial base, including the roughly $11 billion defense officials tell lawmakers is needed to rectify the situation.

Looking to 2021: What to watch in the new year

In the coming year, the Biden administration is likely to face multiple defense-related challenges and complications, particularly as it grapples with the COVID-19 pandemic and its effect on the economy.