Defense Business Briefing -- June 4, 2019

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

This week's top story

Caret: 'The tagline that Boeing bought in' to win MQ-25, T-X programs is 'not the right narrative'

Boeing's winning bids on the MQ-25 unmanned tanker and T-X trainer programs, among others, were the result of significant changes in both the defense organization and its engineering and manufacturing processes, rather than simply low-price bids, according to the head of Boeing's defense business.

News & notes

BAE's FAST Labs organization seeks to rapidly develop technology

BAE Systems' U.S.-based organization last year restructured and renamed its research and development arm, now known as FAST Labs and meant to quickly generate innovative technology that can be transferred to the company's business units.

BAE Systems picks up Riptide Autonomous Solutions

BAE Systems' U.S.-based business said today it has purchased the key assets of Riptide Autonomous Solutions, which specializes in affordable unmanned underwater vehicle technology.

Hewson: Turkey's F-35s could be purchased by other countries

If Turkey is barred from purchasing Lockheed Martin's F-35 Joint Strike Fighter, other countries are eager to take their aircraft, the company's chief executive said.

Novakovic: General Dynamics 'poised' to begin Columbia-class construction

General Dynamics' readiness to begin construction of Columbia-class submarines "is far in excess of anything we've ever seen, whether it's in the supply chain or in the percent complete of design," the company's chief executive said.

Petters: HII is 'all in' on carrier discussion

The Navy's proposal to retire one of its carriers, which has since been reversed, was part of an effort to ensure the service avoided a "technological hiatus," according to Huntington Ingalls Industries' chief executive.

GE: GAO denies ATEC's protest of engine award

The Government Accountability Office has denied Advanced Turbine Engine Co.'s protest of the Army's award to General Electric Aviation for the Improved Turbine Engine Program, intended to replace the engines in the Apache and Black Hawk helicopters, GE announced.

Leonardo DRS growth driven by land systems and Navy electronics work

Leonardo DRS is seeing increased work in two major areas -- land systems and Navy electronics, according to the company's chief executive.

Appointments & promotions

CACI taps Mengucci as next CEO

CACI International said today its board has selected John Mengucci, the company's chief operating officer, to succeed Ken Asbury as chief executive, effective July 1.

What's happening

The week ahead

The House Armed Services Committee begins marking up its version of the fiscal year 2020 defense authorization bill this week, while the Senate Armed Services Committee holds two nomination hearings.

For Inside Defense subscribers

New round of congressional acquisition reforms comes into focus

The Senate Armed Services Committee has agreed to a defense authorization bill that seeks to streamline and accelerate the Pentagon's contracting process, with a special focus on potentially loosening requirements for cost and pricing data.

Pentagon to require new cybersecurity 'certification' from defense contractors

The Pentagon will unveil a new cybersecurity certification for Defense Department contractors this year, as DOD officials concede the current rules governing how companies should secure sensitive information are not working.