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Business/Financial

Market Intelligence Firm Says GD, CSRA Deal Will Create Federal Technology Services Leader

By Cal Biesecker

Monday, February 26th, 2018

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The combination of General Dynamics [GD] with CSRA, Inc. [CSRA] will make it the market leader in Federal Technology Services based on business captured over the past four years, taking over for Leidos [LDOS], according to a new market intelligence report by the strategic advisory services firm Govini.“This blockbuster merger signals another power play within a market that may continue to see additional consolidation as companies are required to have scale in order to maintain margins,” Govini says in its…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]