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Tag: defense industrial base

Jerry McGinn: Reshoring Critical US Industrial Capabilities Needs Little Help From AlliesGovCon Expert

Jerry McGinn: Reshoring Critical US Industrial Capabilities Needs Little Help From Allies

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business and GovCon Expert for…
Lockheed Expedites $500M in Weekly Supplier Payments in AugustNews

Lockheed Expedites $500M in Weekly Supplier Payments in August

Lockheed Martin (NYSE: LMT) is working to accelerate up to $500M in supplier payments as part of the company’s efforts…
James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1BNews

James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1B

James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress…
DoD to Use $688M in CARES Act Funds to Support Aircraft Propulsion, Shipbuilding IndustriesNews

DoD to Use $688M in CARES Act Funds to Support Aircraft Propulsion, Shipbuilding Industries

The Department of Defense plans to use $688M in funds under the Coronavirus Aid, Relief and Economic Security Act to…
Lockheed Distributes Additional $300M to Help Subcontractors Weather COVID-19 ImpactContract Awards

Lockheed Distributes Additional $300M to Help Subcontractors Weather COVID-19 Impact

Lockheed Martin (NYSE: LMT) has paid an additional $300M to its suppliers one week after accelerating $450M in supply chain payments…
Lockheed Reports Accelerated Progress Payments to Defense SuppliersContract Awards

Lockheed Reports Accelerated Progress Payments to Defense Suppliers

Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based…
Ellen Lord: Treasury Consults With DoD on Possible Eligibility Expansion for $17B Loan ProgramNews

Ellen Lord: Treasury Consults With DoD on Possible Eligibility Expansion for $17B Loan Program

Less than 20 defense companies have applied for $17B worth of loans under the Coronavirus Aid, Relief and Economic Security…
Robert Kolasky: CISA to Incorporate CMMC Aspects Into Supply Chain GuidanceNews

Robert Kolasky: CISA to Incorporate CMMC Aspects Into Supply Chain Guidance

Robert “Bob” Kolasky, an official at the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency, said a CISA task…
Ellen Lord: Pentagon Anticipates Three-Month Delay Across Major Acquisition ProgramsContract Awards

Ellen Lord: Pentagon Anticipates Three-Month Delay Across Major Acquisition Programs

Ellen Lord, undersecretary for acquisition and sustainment at the Department of Defense and a 2020 Wash100 awardee, said DoD expects…
Boeing, USAF Reach Agreement on KC-46A Remote Vision System Design; Leanne Caret QuotedNews

Boeing, USAF Reach Agreement on KC-46A Remote Vision System Design; Leanne Caret Quoted

Boeing (NYSE: BA) and the U.S. Air Force on Thursday signed a memorandum of agreement to implement a final remote…