This Friday INSIDER Daily Digest has news on fixed-price defense contracts, the Ground-based Midcourse Defense system, the Pentagon's management of controlled unclassified information and more.
The days of defense companies bidding on fixed-price contracts seem to be numbered:
L3Harris Technologies, and likely other defense contractors, won't continue bidding for fixed-price contracts, CEO Chris Kubasik said Thursday.
The Missile Defense Agency this week announced a sole-source, indefinite-delivery/indefinite-quantity contract award to Raytheon Missile Systems, Tucson, AZ -- the second of three planned sole-source GMD sustainment contracts:
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.
A new Defense Department inspector general's report determines "the extent to which the DOD developed guidance, conducted training, and oversaw the implementation of the DOD Controlled Unclassified Information (CUI) Program":
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.
The compromise federal debt ceiling bill, passed by the Senate late last night and on its way to the White House for the president's signature, would fund total defense at $886 billion, with a 1% increase in FY-25:
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.
In case you missed it, we took a deep dive into how Boeing is upgrading the Air Force's grizzled B-52 bomber fleet:
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.