Tuesday, April 16, 2024
Tuesday, April 16, 2024
This Friday INSIDER Daily Digest has news on the effect of the Senate's COVID-19 funding bill on other transaction agreements, the Raytheon-United Technologies merger and more.
We start off with a look at this week's COVID-19 funding bill and its effect on other transaction agreements:
Emergency spending bill gives DOD more flexibility to make awards for coronavirus response
The coronavirus relief legislation passed by the Senate this week would loosen restrictions on how the Defense Department can award larger other transaction agreements for prototypes related to COVID-19.
Looks like the Raytheon-United Technologies merger can go through, albeit with caveats:
Justice Department says Raytheon-UTC deal can proceed after three divestitures
The Justice Department said Thursday that United Technologies and Raytheon must divest Raytheon's military airborne radios business, UTC's military global positioning systems and UTC's large space-based optical systems businesses to move forward with the companies' planned merger.
The Marine Corps this week issued its 2030 force design document:
Marine Corps force design questions future of ARV, F-35 requirements
The Marine Corps' new force design initiative raises questions about a future major vehicle program and the requirements for the F-35 Joint Strike Fighter in the 2030 fight.
Document: Marine Corps' Force Design 2030
Inside Defense this week interviewed Willie Nelson, director of the Army's Assured Positioning, Navigation and Timing Cross-Functional Team:
Army completes first series of 18-month space strategy 'learning campaign'
The Army on Wednesday completed the first series of exercises in an 18-month "learning campaign" intended to gather data on different capabilities the service can implement in its space strategy.
Lockheed Martin recently got a big missile defense contract:
MDA awards Lockheed nearly $1B THAAD contract for Army, Saudi Arabia
The Missile Defense Agency has awarded Lockheed Martin a $932 million contract for Terminal High Altitude Area Defense interceptors in a deal to finance procurement with Saudi Arabia, which is responsible for the bulk of the purchase.
The Air Force won't be awarding a sole-source training aircraft contract after all:
Air Force reverses plan to sole-source RFX training contract after industry feedback
After notifying industry that it planned to award a sole-source contract to lease advanced training jets in support of a possible new concept of operations for fighter pilot training dubbed Reforge, Air Combat Command confirmed to Inside Defense this week it has opted to open the competition after reviewing industry responses to its notice.
Last but by no means least, some cyber defense news from our colleagues at Inside Cybersecurity:
CMMC claims by IT firm reflect market tensions amid Pentagon's upcoming cyber certification
An information technology company's adjustment to its claims about cybersecurity certification under an emerging Pentagon program reflects tensions in the marketplace, as the Defense Department aggressively pushes forward on landmark requirements and businesses strive to keep up in preparing for compliance and new clients.