Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Boeing executives defended the company's efforts to win recent programs, just one day after the chief executive of Lockheed Martin hinted the prices they bid might result in losses.
Leidos said sales during its most recent quarter hit $2.6 billion, up nearly 3 percent from the same three-month period a year earlier.
Buoyed by acquisitions, both General Dynamics and Northrop Grumman said they saw sales and profit boosts during their most recent quarter.
Booz Allen Hamilton said sales in its most recent quarter hit nearly $1.7 billion, up 8 percent from the same three-month period a year earlier.
Textron said it has agreed to buy Howe and Howe Technologies and make it part of the Textron Systems business unit.
Endeavor Robotics has signed a teaming agreement to work with Howe and Howe Technologies to pursue the Army's Robotic Combat Vehicle program, the companies have confirmed.
CACI, buoyed by the success of relocating its back-office work to Oklahoma City, OK, is planning a classified agile software facility in Colorado Springs, CO, Ken Asbury, chief executive of CACI International, said.
Science Applications International Corp. said the waiting period under antitrust legislation has expired, allowing its planned acquisition of Engility to move forward.
Blue Delta Capital Partners, an investment firm focused on the government services market, is growing its team and seeking additional opportunities as the market reshapes.
Senior Pentagon officials are scheduled to speak around the Washington area this week, while several defense companies host quarterly earnings calls.
NATIONAL HARBOR, MD -- The White House's trade policy office, on the heels of a sweeping defense industrial base assessment, next wants to hone in on the U.S. infrastructure sector and how it can be shored up against potential Chinese intrusions, according to the head of the office.
Government lawyers have sustained the Navy's decision to boot Raytheon from the Next Generation Jammer Increment 2 technology demonstration program, denying the prime contractor for the NGJ Increment 1 program a lock on the service's electronic attack business and giving Northrop Grumman and L3 Technologies a leg up in the multibillion-dollar competition.