Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
PAE, now with $2.5 billion in annual sales, pursues 'long-term, sticky business'
PAE, long known for maintaining facilities overseas for the State Department, has significantly expanded its reach, adding business process outsourcing and national security work, among other areas, to become a $2.5 billion contractor.
Pentagon formally removes requirement for 'technical interchange' related to IR&D
The Defense Department has moved to eliminate text in defense acquisition regulations that required major contractors to engage in "technical interchanges" with Pentagon employees to ensure independent research and development costs were considered allowable.
MITRE hires Gagnon
The MITRE Corp. said this week Gary Gagnon has rejoined the company as vice president of cyber strategy and chief security officer.
Constellis names Reardon CEO
Constellis said it has named Tim Reardon chief executive, effective immediately.
Lockheed taps Evans to head aeronautics
Lockheed Martin said Michele Evans has been appointed executive vice president of the company's aeronautics business unit.
The week ahead
Senior defense officials are scheduled to appear at a variety of venues around the Washington, DC area this week.
Pentagon turns to rapid prototyping, hoping for big tech gains, but accepting new risks
Pentagon acquisition executives have begun using a new rapid prototyping and fielding authority that could streamline traditional weapon system development, but might also test the patience of Congress should it lead to costly failures.
Director of influential advisory board says bid protests are hindering DOD innovation
The coordinator of an influential Pentagon advisory panel says contractors who file bid protests against Defense Department acquisitions are slowing down efforts to modernize DOD's IT infrastructure.
Army drafting intellectual property policy
The Army "in probably a month or two" will have a formal policy on intellectual property, according to the service's acquisition executive.