Fitch Expects 3% to 5% Increase in Addressable Global Defense Market Over Next 3 Years Fitch Ratings has said it projects a 3 percent to 5 percent growth in the relevant areas of the global addressable defense market over the next three years with the U.S. budget to constitute 45 percent to 50 percent of the market…

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CBO: House’s Government IT Modernization Bill to Cost $9B from 2017 to 2021 The Congressional Budget Office has said a House bill that would set up new budget accounts to fund updates to federal information technology systems would cost $9 billion to implement over five years, a figure that is subject to appropriation…

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General Atomics Lands $128M Contract to Develop Unmanned Aircraft for UK Air Force General Atomics‘ aeronautical systems business has been awarded a $127.6 million contract from the U.K.’s defense ministry to build a new unmanned aircraft platform for the country’s air force…

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SSL Awarded $127M NASA Robotic Refueling Spacecraft Support Contract Space Systems Loral has been awarded a potential five-year, $127 million firm-fixed-price contract to support the development, deployment and operation of a robotic space vehicle for NASA’s in-orbit satellite servicing mission…

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Navy Selects 3 Firms for Marine Corps Ground Training Services IDIQ Engineering Support Personnel, Global Technical Services and Ice Technical Services have secured positions on a potential $48.9 million contract from the U.S. Navy to provide support services for U…

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Report: DoD’s Security Org Approves 5K+ Contractor Insider Threat Program Plans The Defense Security Service has authorized insider threat program development plans from 5,532 contractors that have met requirements on the National Industrial Security Program Operating Manual as of Nov…

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Northrop to Support Navy Triton UAV Mgmt Software, Airborne Collision Avoidance Tech Northrop Grumman (NYSE: NOC) has received a one-year, $9.6 million order to design, develop, analyze, integrate and test software for the U.S. Navy‘s MQ-4C Triton unmanned aircraft system. The Defense Department said Monday that Northrop will support the vehicle management software correction of deficiencies and integration of configuration updates into the MQ-4C under the cost-plus-fixed-fee order…

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Air Force Sets Dec. 7 Launch for 8th Boeing-Built WGS Satellite The U.S. Air Force has scheduled the launch of the Boeing-built Wideband Global SATCOM 8 satellite for Dec. 7 aboard a United Launch Alliance-made Delta IV rocket from Cape Canaveral Air Force Station in Florida…

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Total Logistics Small Business JV Secures $56M Navy, Marine Corps Support Services IDIQ The Total Logistics Small Business joint venture has secured a five-year, $55.6 million indefinite-delivery/indefinite-quantity contract for logistics and technical support to the U.S. Navy and U.S…

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CBO: Senate’s Federal Health IT Bill Would Cost $122M Through 2021 The Congressional Budget Office has estimated that it would cost $122 million over the 2017 to 2021 period to implement a bill that would require the Department of Health and Human Services to expand federal health information technology programs…

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December 5 Market Close: GovCon Index Hits First 90-Point Close, HII & Services Gains Offset Prime Declines Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U…

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