IHS Markit: 2016 Defense Spending Reaches $1.57T Worldwide A new report from IHS Markit says that global defense spending rose to $1.57 trillion during 2016 and defense expenditures are projected to continue to increase worldwide over the next decade. IHS Markit said Monday the annual Jane’s Defense Budget Report covers nearly 99 percent of defense spending worldwide and forecasts defense expenditures for 105 countries…

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PAE Secures $66M Navy Range Operations Support Contract Modification The U.S. Navy has awarded PAE a one-year, $66 million contract modification to exercise an option for range engineering, operations and maintenance support services. The modification covers system operations, laboratory and field testing, marine operations and target support services, engineering, range sustainability, maintenance and data reduction and analysis, the Defense Department said Monday…

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FAA Eyes NextGen Data Comm Service Implementation at 56 Airports by Year’s End The Federal Aviation Administration has said it expects to bring the Data Communication service to towers at 56 U.S. airports by the end of 2016 as part of the implementation of the Next Generation Air Transportation System program…

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Senate OKs $19.5B Bipartisan NASA Authorization Measure; Sen. Ted Cruz Comments The Senate on Friday unanimously passed an amended bipartisan bill that would authorize $19.5 billion in fiscal year 2017 appropriations for NASA and require the agency to create a transition plan for the International Space Station, Space News reported Saturday…

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Verisign to Help GSA Manage DotGov Domain Registration System The General Services Administration has awarded Verisign a contract of an undisclosed value to run an internet domain registry designed for federal, state, local and tribal government organizations. GSA said Monday the company will provide a secure infrastructure for the agency to implement domain registration and analytical reporting services via the DotGov Registry site…

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NASA Postpones Hurricane Data Collection Satellite Launch to Wednesday NASA has postponed the launch of a satellite system that will collect weather data to aid hurricane forecasting due to a glitch on the L-1011 Stargazer carrier aircraft’s component that was designed to release Orbital ATK‘s Pegasus XL rocket for the mission…

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Stellar Science to Develop Laser Modeling, Simulation Platforms for Air Force Stellar Science has won a five-year, $7.03 million contract to develop advanced laser system modeling and simulation units for the U.S. Air Force. The Defense Department said Friday the Air Force received five proposals for the cost-reimbursement contract and obligated $150,000 in fiscal 2017 research, development, test and evaluation funds at the time of award…

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Report: DHA to Oversee Service Branches’ Military Treatment Facilities by October 2018 Under 2017 NDAA The 2017 National Defense Authorization Act that passed both the House and Senate would authorize the Defense Health Agency to manage over 400 military hospitals and clinics that the Air Force, Army and Navy currently operate by October 2018, Federal News Radio reported Friday…

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Israel Receives First Two Lockheed-Built F-35s Israeli defense forces hosted a welcoming ceremony for the arrival of two Lockheed Martin-built F-35 fighters Monday at Nevatim Air Base in Israel, the Jerusalem Post reported Monday. Israeli President Reuven Rivlin said the F-35 aircraft, nicknamed  Adir, will help redefine the country’s deterrence capacity as well as its operational space, according to the report by Anna Ahronheim…

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GSA Lists Federal Acquisition Service Achievements in Fiscal 2016 The General Services Administration has listed major achievements of GSA’s Federal Acquisition Service in fiscal year 2016 as part of a year-end review. GSA said Friday FAS’ 2016 highlights include the creation of new IT Schedule 70 special item numbers for Highly Adaptive Cybersecurity Services…

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December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2% Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened…

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