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Three contractors vie to build next generation of DoD trucks

The Defense Department named AM General, which makes the Humvee, plus Lockheed Martin and Oshkosh Corporation. The three will build competing prototypes.

Tags: DoD , DoD Report , contracting , AM General , Oshkosh Corporation

Friday - 08/24/2012, 09:32am EDT

FBI turns troubled into triumph with Sentinel system

The long-awaited, problematic case management application met full operational capability in May. Jeff Johnson, the FBI's CTO, said about 30,000 employees have been using Sentinel for about a month. The $451 million program modernizes the FBI's workflow and document management system.

Tags: technology , FBI , DoJ , Jeff Johnson , Sentinel , Case management system , Agile software development , Jason Miller

Wednesday - 08/01/2012, 05:15am EDT
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Small contractors could be hit hardest under planned Defense spending cuts

Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.

Tags: defense , defense spending , defense contractor , defense contracting , budget , acquisition , Iraq , sequestration , Boeing , Mackenzie Eaglen , AEI

Monday - 07/30/2012, 09:19pm EDT
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After cuts, defense contractors report record operating margins

With a tighter defense budget and the threat of sequestration, defense contractors say they may have to lay off thousands of workers and look for business overseas.

Tags: DoD Report , budget , sequestration , contracting , Northrop Grumman , General Dynamics , Washington Business Journal , Federal Drive

Tuesday - 07/31/2012, 07:33am EDT

Defense company executives warn of layoffs if cuts go through

A slate of defense industry executives lined up to testify before the House Armed Services Committee Wednesday, telling lawmakers that the automatic budget cuts known as sequestration would be devastating to their businesses and could lead to mass layoffs. The lack of action by Congress, so far, to avert the cuts has led to a "fog of uncertainty" even now, five months away from when sequestration would take effect, the CEO of Lockheed Martin testified.

Tags: budget , industry , DoD , defense industry , Pentagon Solutions , In Depth , Robert Stevens , Pratt & Whitney , David Hess , EADS North America , Della Williams , Williams-Pyro , Sean O

Wednesday - 07/18/2012, 10:06pm EDT
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Lockheed announces 740 job cuts to D.C.-based unit

Lockheed Martin, one of the world's largest defense contractors, has announced a 5 percent workforce reduction at its Mission Systems and Sensors (MS2)business area. The company said it notified 308 of its U.S.-based employees Tuesday "that they will no longer have employment with the company," according to a release.

Tags: acquisition , industry , contracting , layoffs , budget , Dale Bennett , Robert Stevens

Tuesday - 07/10/2012, 07:53pm EDT

Lockheed machinists OK new labor deal, end strike

Lockheed Martin machinists ended their 10-week strike Thursday, approving a new labor deal that includes a $2,000 bonus and annual pay increases starting at 3 percent the first year.

Tags: Labor , management , industry , contracting , acquisitions , Federal Drive , DoD , DoD Report

Thursday - 06/28/2012, 03:58pm EDT

GSA, DISA face protests of billion dollar awards

CWTSatoTravel objected to the $1.4 billion E- Travel award going to Concur Technologies. SAIC protested DISA's $4.6 billion award for the Global Information Grid management services to Lockheed Martin. Both protestors are the incumbent contractors.

Tags: acquisition , contracting , industry , GSA , DISA , Concur Technologies , E-Travel , CWTSatoTravel , SAIC , GAO , bid protest , Jason Miller

Monday - 06/25/2012, 03:24pm EDT
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Lockheed, machinists reach tentative agreement

Lockheed Martin officials announced late Saturday that after four days of negotiations, the aerospace company reached a tentative agreement with the union that represents 3,600 striking employees.

Tags: labor unions , Machinists Local 776 , DoD , industry , DoD Report , Federal Drive

Monday - 06/25/2012, 09:12am EDT

Lockheed exec gives vendor, government communications high marks

Linda Gooden, the executive vice president of the aerospace and technology giant's information systems and global solutions business area, said agencies are spending more time than ever helping contractors understand their needs. Gooden and Lockheed CEO Robert Stevens' statements are in stark contrast to comments made by a major competitor about the challenges companies face in talking to agencies.

Tags: contracting , industry , Linda Gooden , Robert Stevens , Task order contract , Mythbusters , industry-government communication , Jason Miller

Monday - 06/25/2012, 05:13am EDT
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