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Shelley K. Mesch June 2, 2023

L3Harris Technologies, and likely other defense contractors, won't continue bidding for fixed-price contracts, CEO Chris Kubasik said Thursday.

Jason Sherman June 2, 2023

The Defense Department has awarded Raytheon Technologies a new deal as part of the project to break up the former Ground-based Midcourse Defense system continuing sustainment and development contract -- executing a potential $621 million, five-year package to keep modern and operational exoatmospheric kill vehicles in the deployed homeland defense interceptor fleet.

Tony Bertuca June 1, 2023

Several GOP senators, including Sen. Susan Collins (ME), the ranking member on the Senate Appropriations Committee, said today they want a commitment from the White House and Senate Democrats to support an “emergency defense supplemental” following the passage of a deal that would raise the federal debt ceiling and lock in defense spending at levels they deem inadequate.

Shelley K. Mesch June 1, 2023

OKLAHOMA CITY, OK -- In a cavernous manufacturing bay here, Boeing engineers can climb inside and around a B-52 Stratofortress bomber the Air Force loaned to the company from the boneyard.

Apurva Minchekar May 31, 2023

When congressional authorizers soon begin the task of marking up the Air Force's fiscal year 2024 budget request, they will be relying in part on a recent report detailing the highest- and lowest-performing space acquisition programs.

Jason Sherman May 31, 2023

The Defense Department is proposing to launch a $475 million, five-year project in fiscal year 2024 to begin transitioning quantum technologies for military application to press the U.S. technological advantage against all competitors across a wide range of capabilities including precision strike, space, cyber and intelligence, surveillance and reconnaissance.

L3Harris CEO: Industry turning away from fixed-price development contracts

L3Harris Technologies, and likely other defense contractors, won't continue bidding for fixed-price contracts, CEO Chris Kubasik said Thursday.

DOD watchdog finds oversight lacking on 'controlled unclassified' info restrictions

The Defense Department inspector general has found the Pentagon does not "effectively oversee" officials who mark government documents as "controlled unclassified information," potentially restricting transparency without an appropriate rationale.