Defense Business Briefing -- Feb. 6, 2018

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

This week's top story

After refocusing on growth, Engility seeks to differentiate itself

Nearly two years into her tenure as chief executive, Lynn Dugle is seeking new ways to differentiate Engility, looking to product toolkits to help the contractor stand out in competitive areas.

News & notes

Leidos establishes team to pursue NGEN-R

Leidos said it will team with IBM, Unisys and Verizon Enterprise Solutions to compete for a part of the Navy's Next Generation Enterprise Network re-compete contract.

PAE acquires Macfadden & Associates

PAE has acquired Macfadden & Associates, which works on U.S. Agency for International Development humanitarian and disaster relief programs.

Booz Allen reports increased sales, profit

Booz Allen Hamilton said sales in its most recent quarter reached $1.5 billion, up nearly 7 percent from the same three-month period a year earlier.

CACI reports increased sales, profit

CACI International said sales during its most recent quarter reached $1.1 billion, up about 3 percent from the same three-month period a year earlier.

Leidos to relocate, consolidate headquarters

Leidos said it would relocate its Reston, VA headquarters into a new building in the same area and consolidate its Reston operations from two buildings to one.

Boeing's defense business reports lower sales, higher profit in 2017

Boeing said its defense, space and security business recorded $21.1 billion in sales in 2017, down 7 percent from 2016.

Textron Systems reports lower quarterly sales

Textron said its Textron Systems business saw sales of $489 million in the most recent quarter, down from $532 million last year.

Boeing HorizonX invests in battery technology startup

Boeing HorizonX Ventures has invested in Cuberg, a next-generation battery technology startup, the company said this week.

Appointments & promotions

Rolls-Royce taps Bell to head defense business

Rolls-Royce said Boeing executive Tom Bell will lead its defense business, starting this month.

Boeing promotes Shockey

Boeing has named Jeff Shockey vice president of global sales and marketing for its defense, space and security business, effective immediately.

What's happening

The week ahead

Defense Secretary Jim Mattis will head to Capitol Hill this week to discuss the Nuclear Posture Review and National Defense Strategy with lawmakers. Meanwhile, a short-term continuing resolution is set to expire Thursday, threatening another government shutdown.

For Inside Defense subscribers

GAO: DOD waived $16 billion in costs for foreign allies buying U.S. weapons over past six years

The Defense Department approved waivers totaling nearly $16 billion in nonrecurring costs that would have been charged to foreign countries buying U.S. weapons over the past six years, according to the Government Accountability Office.

Lawmakers concerned by 'lack of transparency' from Pentagon cloud steering group

Members of the House Armed Services Committee are raising concerns over the Pentagon cloud executive steering group's work to accelerate the U.S. military's adoption of commercial cloud computing.