Defense Business Briefing -- October 11, 2022

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

This week's top story

Warren questions DOD, industry associations over inflation relief proposals

Sen. Elizabeth Warren (D-MA) is questioning the Defense Department's push to provide inflation relief to defense contractors, sending a new letter to Pentagon acquisition chief Bill LaPlante voicing concern that DOD may be preparing to dish out "corporate welfare" without sufficient data to justify the cost.

News & notes

RTX Ventures makes minority investment in H55

Raytheon Technologies announced its venture capital arm RTX Ventures has made a minority investment in Swiss company H55 to help develop electric aviation solutions.

New Senate amendment would allow DOD to modify contracts for inflation relief

The defense industry has thrown its support behind a new amendment to the Senate's version of the annual defense authorization bill that would allow the Pentagon to modify existing contracts to grant inflation relief to contractors.

DOD names 'Chinese military companies' connected to U.S.

The Defense Department has released a list of "Chinese military companies" it believes are operating directly or indirectly in the United States.

Army awards sustainment contracts to BAE

The Army in recent days awarded BAE Systems with sustainment contracts for some of the company's longtime vehicles, including the Bradley Fighting Vehicle, the company announced.

Natsec agencies seek inclusion of SBOM in update to NIST series on CUI

The National Institute of Standards and Technology's update to the Special Publication 800-171 series should include guidance on Software Bill of Materials in regards to how contractors are handling the use of controlled unclassified information held on nonfederal systems, according to recent feedback from the Defense Department and the National Security Agency.

CISA, partners issue alert on threat actors targeting defense industrial base organization's network

An alert from the Cybersecurity and Infrastructure Security Agency and other federal agencies provides details on advanced persistent threat activity targeting a defense industrial base entity with a tool designed to extract sensitive information.

Appointments & promotions

Oshkosh Defense president to retire

Oshkosh Corp. announced that John Bryant, the company's executive vice president and president of Oshkosh Defense, will retire on Nov. 1.

What's happening

The week ahead

The Association of the United States Army holds its annual conference in Washington this week.

For Inside Defense subscribers

Wormuth: Extended CR would delay some modernization priorities

Army Secretary Christine Wormuth said Monday that a long-term continuing resolution could push back the development and procurement schedules of some of the service's modernization programs.

Pentagon delays major hypersonic flight test; assessing root cause of June failure

The Pentagon has delayed a high-stakes flight test of a long-range hypersonic weapon that was originally to be executed no later than last month, a change of plans that eats away at the timetable of a project with little schedule margin in the U.S. military's effort to field its first conventional hypersonic strike weapon by next September.

Air Force announces another RVS 2.0 delay

A fix for the KC-46A's long-troubled Remote Vision System has been delayed 19 months to October 2025 due to subcontractor negotiations and additional time needed to achieve airworthiness certification, according to a statement from the Air Force's acquisition office.

Watchdog to audit DOD's use of 'controlled unclassified' markings to restrict information

The Pentagon inspector general's office intends to begin an audit this month looking into the Defense Department's use of "controlled unclassified information" as a justification for restricting information, like what was seen when an annual weapons testing performance report was submitted to Congress earlier this year.