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Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based contractor's supply chain ahead of schedule. The company said Friday it also issued $85M in advance payments to small businesses and other suppliers operating throughout 46 U.S. states....

Science Applications International Corp. (NYSE: SAIC) has appointed Gabe Camarillo, most recently vice president of strategy, and Josh Jackson, an 18-year company veteran, as senior vice presidents and operations managers within the defense solutions group. Camarillo will succeed the retiring Rick Sabol to oversee SAIC’s Naval Sea and Air System...

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in an opinion piece posted Thursday on The Hill that the Defense Production Act invoked by President Donald Trump serves as an “important tool” as the country seeks to come up with short- and medium-term responses...