Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
The proposed merger between Raytheon and United Technologies is likely to move forward without government intervention, analysts said, and could lead to another wave of consolidation within the defense industry.
AECOM announced it will spin off its management services segment into a standalone government services company. The transaction is set to be complete in the second half of fiscal year 2020.
Peraton said it has agreed to acquire Solers, which provides software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering and enterprise cloud-based technology.
Phebe Novakovic, the chief executive of General Dynamics, said she is "alarmed" that some technology companies do not want to work with the U.S. military.
The Senate is scheduled to begin floor debate on its version of the fiscal year 2020 defense authorization bill this week. Meanwhile, the House is slated to continue voting on a minibus appropriations measure that includes the FY-20 defense spending bill.
Defense Department officials now say contractors can bill the government for the cost of implementing required cybersecurity measures, as DOD prepares to roll out a new cyber certification for defense suppliers.
Senate authorizers are proposing a new framework to help the Defense Department shore up cybersecurity throughout its industrial base, as lawmakers feel the current status quo is inadequate.