An alert from K2 Intelligence-Financial Integrity Network says the Financial Action Task Force has upgraded the U.S. from “partially compliant” to “largely compliant” with Recommendation 10 after it implemented the U.S. Treasury’s requirements for customer due diligence.

The Missile Defense Agency plans to conduct a competition to split up the modernization and sustainment contract for the Ground-based Midcourse Defense system designed to counter intercontinental ballistic missile threats, Defense News reported Thursday.

Boeing (NYSE: BA) and the U.S. Air Force on Thursday signed a memorandum of agreement to implement a final remote vision system design for the KC-46A Pegasus aerial refueling tanker.

Monkton has received a potential $500M contract from the U.S. Space Force to support the commercialization of a mobile strategy. The company will provide technology and support services to help the Department of Defense design, build and field mission-enabling platforms to service members, civil servants and reservists operating at the tactical edge, DoD said Wednesday.

Govini analyzed the Department of Defense’s use of other transaction authorities and Small Business Innovation Research contracts between fiscal year 2015 and FY 2019 and found that the two contracting methods accounted for 10 percent, or $9.6B, of DoD’s spending on research, development, test and evaluation operations in 2019, Defense News reported Wednesday.

Alan Thomas, formerly executive vice president of special projects at IntelliBridge, has been promoted to chief operating officer. He joined IntelliBridge in November 2019 from the General Services Administration, where he served as commissioner of the Federal Acquisition Service, the company said Monday.

BWX Technologies’ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received contract options worth $128M combined to continue to produce fuel in support of the U.S. Naval Nuclear Propulsion Program.

The Small Business Administration has partnered with Amazon (Nasdaq: AMZN) and Microsoft (Nasdaq: MSFT) to help SBA distribute approximately $350B worth of loans to small companies as part of the Paycheck Protection Program, CNN reported Tuesday.

Lockheed Martin (NYSE: LMT) has received a potential three-year, $4.7B contract modification from the U.S. Navy to produce and deliver 78 F-35 fighter jets and associated red gear to three service branches.

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.