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

After acquisition, Amentum expects DynCorp business units and executives to remain

As Amentum begins planning to integrate DynCorp International, the company's chief executive said he expects DynCorp businesses to become units within Amentum and for top DynCorp executives to join Amentum's leadership team.

PSC says some provisions in NDAA could 'significantly improve' what DOD gets from contractors

In a new letter to the leaders of the House and Senate Armed Services committees, the Professional Services Council, an industry group, says it supports several provisions in the House and Senate versions of the defense policy bill.

Huntington Ingalls CEO: Long-term impacts of pandemic remain unclear

The chief executive of Huntington Ingalls Industries said today the defense industry still doesn't know the longer-term effects of the coronavirus pandemic as contractors have acted to meet short-term milestones.

Pentagon's limited Huawei ban waiver extended for two years

The Pentagon's limited waiver allowing some contractors to continue using equipment made by Chinese vendors like Huawei and ZTE has been extended for two years, according to a Defense Department spokeswoman.

HII says unmanned center of excellence will boost manufacturing capacity

The unmanned center of excellence Huntington Ingalls Industries is building in Hampton, VA, will ensure the company has the capacity to take on future unmanned underwater vehicle programs, according to a top executive.

Lord defends DOD's pandemic aid to bolster defense contractors, seeks billions more

Pentagon acquisition chief Ellen Lord told lawmakers the Defense Department is justified in distributing COVID-19 bailout funds to defense contractors economically hurt by the pandemic and said Congress needs to provide billions more.

Serco names Foster CFO

Serco said it has hired Gordon Foster to serve as chief financial officer, effective Oct. 26.

NDIA names Punaro chair

The National Defense Industrial Association said retired Marine Corps Maj. Gen. Arnold Punaro will become chair of its board, effectively immediately.

The week ahead

There are few events scheduled in the Washington area this week, though one virtual event will feature discussions about government contracting with senior government officials.

'Future of Defense' report calls for new strategy to confront China, including 'significant changes' at Pentagon

A bipartisan group of House authorizers has released its final report on U.S. national security strategy, calling for a whole-of-nation effort to confront the threat of a superpower China, including a wholesale review of the Defense Department's legacy systems and dramatically increased spending on emerging technologies.

Costs for CMMC compliance difficult to predict based on DOD rule, experts say

The Defense Department released an interim rule to implement its Cybersecurity Maturity Model Certification program with a section on estimated costs for each maturity level, but experts say the actual costs will depend on many factors yet to be determined.