Defense Business Briefing -- Nov. 5, 2019

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

This week's top story

L3Harris CEO says company has submitted 14 combined proposals since merger

Since merging four months ago, L3Harris Technologies has submitted more than a dozen proposals, mostly in electronic warfare and space sensing domains, that bring together Harris and L3 Technologies capabilities, according to its chief executive.

News & notes

Maxar reports lower sales

Maxar Technologies announced sales in its most recent quarter hit $479 million, down about 6% from the same three-month period a year earlier.

BWXT said missile tube repair work 'is trending positively'

BWX Technologies' chief executive said about 60% of the missile tubes requiring rework are now either under repair or complete.

LMI acquires Clockwork Solutions

LMI said this month it has acquired "substantially all assets" of Austin, TX-based Clockwork Solutions, which provides predictive analytics software.

PAE to merge with Gores Holdings

PAE will merge with Gores Holdings III, a special-purpose acquisition company sponsored by an affiliate of the Gores Group, PAE announced earlier this month.

Booz Allen says it's pursuing 'new AI business lines'

Booz Allen Hamilton is seeing increased demand for artificial intelligence services, according to the company's chief executive.

CACI adds three companies

CACI International said it acquired three companies in October for a total purchase price of about $105 million.

Aerojet Rocketdyne reports lower sales

Aerojet Rocketdyne said sales in its aerospace and defense segment during the most recent quarter reached $480 million, down about 3% from the same three-month period a year earlier.

Oshkosh, KBR report government sales growth

Oshkosh said its defense group recorded $570 million in sales in its most recent quarter, up almost 23% from the same three-month period a year earlier.

Appointments & promotions

ManTech names Payne chief security officer

ManTech said it has named Daniel Payne, the former director of the Pentagon's Defense Counterintelligence and Security Agency, chief security officer.

What's happening

The week ahead

Defense contracting executives discuss quarterly earnings and Baird hosts a conference in Chicago this week.

For Inside Defense subscribers

Top DOD official says Trump, White House did not influence JEDI source-selection team

The Defense Department officials who decided to award a multibillion-dollar cloud contract to Microsoft Azure were not influenced by anyone from the White House, including President Trump, according to DOD's top IT official.

Defense Innovation Board recommends five 'principles' for Pentagon's use of AI

The Defense Innovation Board is recommending the Pentagon commit to developing and using artificial intelligence systems in a responsible, equitable, traceable, reliable and governable manner.