Defense Business Briefing -- July 16, 2019

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

This week's top story

Boeing's HorizonX establishes portfolio development team to create 'bridge'

As its innovation cell, dubbed HorizonX, enters its third year, Boeing has created a new team focused specifically on connecting its portfolio companies with the larger corporation.

News & notes

SpaceX refutes Air Force's jurisdictional claims in launch services lawsuit

SpaceX is pushing back on Air Force attempts to have the company's recent lawsuit dismissed, claiming in a document filed with the U.S. Court of Federal Claims that the court has jurisdiction to hear the case.

Acorn Growth acquires Black Sage

Private-equity firm Acorn Growth Companies said it has acquired Black Sage Technologies, which develops, integrates and deploys counter-unmanned aircraft system technologies.

Lockheed to maintain Pennsylvania plant

Lockheed Martin announced it intends to keep open a Coatesville, PA, plant after a request by President Trump.

SOS International acquires Vykin

SOS International said it has acquired Vykin, which provides communications, intelligence and IT support to the Defense Department and intelligence agencies.

What's happening

The week ahead

Senate lawmakers have scheduled a confirmation hearing this week for acting Defense Secretary Mark Esper. Meanwhile, senior defense officials are slated to appear around the Washington area.

For Inside Defense subscribers

Science board pushes DOD to adopt '5G first' policy, develop secure technologies and infrastructure

The Defense Department should accelerate the deployment of fifth-generation wireless technologies and develop secure, hardened systems that account for 5G's inherent security risks, according to a new Defense Science Board report.

Congress allows DOD to shift $34 million to jump-start 5G tech development

Lawmakers have allowed the Defense Department to move $34 million in its fiscal year 2019 budget to begin a new program aimed at accelerating fifth-generation wireless technology development.

Pentagon rallies lawmaker support for $75M program to boost key hardware companies

The Defense Department's chief technology officer is rallying lawmakers' support for a new program aimed at shoring up investments in dual-use hardware technologies, which DOD argues have been underfunded by U.S. venture capitalists and are at risk of being captured by Chinese investments.