The economic slowdown being caused by both the coronavirus pandemic and efforts against it are causing companies to focus on themselves for the most part in the short-term and however long the situation lasts. For what was a hot M&A landscape, that means a significant pullback in deals getting done.
From large prime support for smaller subs to changes in DOD's progress payment policies, multiple efforts are underway to address the cash crunch many companies are facing during the COVID-19 pandemic.
The aerospace-and-defense sector's largest-ever merger gets a conditional green light to go ahead, while the country's biggest military shipbuilder closes a deal that signifies a key part of its strategy.
As the COVID-19 pandemic continues, more companies are warning about risks to their top and bottom lines as evidenced by recent disclosures by publicly traded GovCon players.
Cyber services outfit ShorePoint acquires a data management and transformation company to gain more of a footprint in the government's massive "CDM" cyber initiative.
Telework is becoming the norm for just about everyone who can amid the coronavirus pandemic. But in some ways, the trend was already headed in that direction and current events will keep it that way.
Maximus is temporarily suspending its financial guidance to investors because of the coronavirus pandemic and what it is doing to the economy. How soon will other public GovCon firms follow suit?
Amazon Web Services only got part of what it wants in DOD's proposed JEDI corrective action and is asking the U.S. Court of Federal Claims to expand the scope.
L3Harris Technologies finds a buyer for another one of its businesses as the defense company continues on a post-merger portfolio review and reshaping.
Government contractors and their customers are figuring out how and what work goes on as the coronavirus pandemic is poised to speed up. We have consolidated the guidance that agencies are giving their industry partners on how to proceed and some reactions.
DOD acquisition chief Ellen Lord has declared that contractors in the defense industrial base are part of the nation's critical infrastructure sector and can continue to report to work during the pandemic.
Economic relief legislation to ease the pain of the coronavirus epidemic is in the works and trade groups representing government contractors are highlighting issues unique to them that they should be addressed.
A Science Applications International Corp.-Amentum joint venture wins the recompete of its contract to support the Justice Department's asset forfeiture program.
Northrop Grumman has added the coronavirus pandemic as a risk factor to consider in its outlook and performance as business of all shapes and sizes in every market are having to adjust their expectations on-the-fly as the situation evolves.
