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

Next round of high-stakes battle over defense industry cash flow takes shape

When the Pentagon's top negotiator told a public meeting last year that a controversial proposal to change the way the Defense Department paid contractors had been approved at the highest levels, the defense industry was worried.

GAO sustains Blue Origin's launch services protest, recommends USAF amend RFP

The Government Accountability Office has sustained Blue Origin's protest of Phase 2 of the Air Force's Launch Services Procurement effort and is recommending the service amend the solicitation.

Shipbuilders warn Congress another CR would cause 'sizable reductions' to workforce, operations

A trade association representing the country's shipbuilders sent lawmakers a letter last week warning that another continuing resolution would lead to sizable reductions in its industry's workforce and operations.

Perspecta CEO says company is awaiting 'substantial' corrective action on DEOS

Following its protest of a major cloud services contract, Perspecta is now expecting the government to take corrective action, according to its chief executive.

Perspecta to build new Idaho facility

Perspecta said it is breaking ground on a new facility in Meridian, ID, that will be used by more than 500 employees.

New CACI CEO says company will remain focused on technology

CACI International's new chief executive said he will continue steering the company's mergers and acquisition effort toward technology companies that help it differentiate itself.

Navistar Defense names new CEO

Navistar Defense said its board has appointed Ted Wright chief executive officer.

LMI promotes Hays

LMI said it has named Sharon Hays chief technology and strategy officer.

Parsons names Smith president

Parsons said it has made Carey Smith, already its chief operating officer, president, effective immediately.

The week ahead

Congress is expected to vote on a continuing resolution to keep the federal government open until Dec. 20. Meanwhile, senior Pentagon officials are scheduled to speak around the Washington area.

Navy CIO says he 'hopes' for second cybersecurity review

A senior Navy official today said he "hopes" the service will have another cybersecurity readiness review to redeem itself following a largely critical March 2019 report commissioned by the Navy secretary

Pentagon claims progress after failing second audit

The Defense Department for the second year in a row failed to obtain a clean financial opinion from auditors and does not expect to achieve one for at least several years, though Pentagon officials say they are making steady progress.