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

Lockheed CFO says coronavirus adjustments may be negotiated at 'macro level'

The chief financial officer of Lockheed Martin said the company is "exploring" whether it makes sense to adjust for the cost effects of the coronavirus outbreak at a "corporate macro level," rather than altering each program.

SAIC says COVID-19 outbreak took $33 million sales toll in most recent quarter

Science Applications International Corp. said the ongoing pandemic cost it about $33 million in sales during its most recent quarter.

Lord to testify on COVID-19's industrial base impact

Pentagon acquisition chief Ellen Lord is scheduled to appear before the House Armed Services Committee on June 10 to discuss the challenges the COVID-19 pandemic poses for the U.S. defense industrial base.

BWXT divests commercial nuclear services business

BWX Technologies said it has divested its U.S.-based commercial nuclear services business in a move meant to provide a "sharper focus" on the company's government work.

No companies protest FFG(X) award, clearing way for Navy to begin work

None of the losing vendors that took part in the Navy's future frigate competition filed a bid protest against the contract award to Fincantieri Marinette Marine, clearing the way for the service to begin work.

General Atomics adds IJK Controls

General Atomics Aeronautical Systems said it has acquired a majority of the assets of IJK Controls, which provides technology for stabilization, pointing and tracking of cameras, sensors and antennas.

Jenner & Block taps Robbins to co-chair government contracts practice

Jenner & Block said David Robbins has rejoined the firm as a partner and co-chair of its government contracts practice.

LMI consolidates two practices, names new leader

LMI said earlier this month it has merged its advanced analytics and digital services practices and tapped Josh Wilson to lead the new business unit.

AeroVironment promotes Karklin

AeroVironment said it has named Ken Karklin chief operating officer, effective immediately.

Serco adds Jonas to board

Serco's U.S. business said it has named Tina Jonas to its board, effective July 1.

The week ahead

Lawmakers are scheduled to begin debating the fiscal year 2021 defense authorization bill this week, while the Pentagon acquisition chief heads to Capitol Hill for a hearing on COVID-19 and the defense industrial base.

Pentagon looks to participate in 5G standards-setting bodies

The Pentagon has established a new "tiger team" to engage fifth-generation wireless standards bodies, as the Defense Department seeks more influence over the technologies underlying high-speed 5G networks.

MOU on DOD's CMMC program explains policies, processes for accreditation body

Roles and responsibilities of the Defense Department and the accreditation body for its Cybersecurity Maturity Model Certification program are detailed in a new memorandum of understanding, which spells out how government will work with industry to conduct cyber verification assessments for the defense industrial base.