Federal Government Collects Record Individual Income Taxes in FY 2018; Still Runs $779B Deficit

Copies of the US Federal Budget
The U.S. federal government set a record in individual income tax revenue in 2018, collecting more than $1.683 trillion from taxpayers, according to the Monthly Treasury Statement released this month. The period
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Hurricane Michael Devastates Communities and Leaves +1 Million Without Power

Weather Channel Video Footage of Hurricane Michael Disaster
Hurricane Michael, a storm that quickly grew into a Category 4 Hurricane by the time it reached Florida, caused massive devastation across several states. The storm has moved out to
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BidSync Leverages AI To Deliver Relevant Government Opportunities

BidSync from Periscope Holdings
Periscope Holdings, a leader in government procurement solutions, today introduced an entirely new government bid experience for suppliers, powered by artificial intelligence (AI). The completely rebuilt BidSync™ supplier application leverages machine-learning
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Federal Government Spending: Defense and Civilian Agencies Need To Spend $200 Billion By September 30

Countdown Clock
Time is running out for federal agencies (defense and civilian) to spend billions of dollars that Congress allocated. According to Nextgov’s Executive Editor, Frank Konkel, Nancy Marshall-Genzer of WESA (90.5
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U.S. Air Force Orders General Dynamics Air Traffic Control Radios for Bases in Europe

General Dynamics Mission Systems received a contract from the U.S. Air Force to supply more than 140 CM-300/350 V2 Air Traffic Control (ATC) radios, replacing existing ATC radios currently operating
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General Dynamics Awarded $481 Million for Continued Development of U.S. Navy’s Next Ballistic-Missile Submarine

The U.S. Navy has awarded General Dynamics Electric Boat a $480.6 million contract modification to continue the development of the lead Columbia-class submarine, the nation’s next-generation sea-based strategic deterrent. Electric
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Defense Spending Includes $162 Million For Portsmouth Naval Shipyard In Maine

Portsmouth Naval Shipyard with USS San Juan - Los Angeles Class Submarine
The Portsmouth Naval Shipyard in Maine will receive $162 million for upgrades in the 2019 Military Construction and Veterans Affairs Appropriations bill. Source: Defense bill with $162M for Maine shipyard upgrades sent
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Naval Medical Logistics Command Awards Leidos Contract to Study Health Impact of Undersea Operations on Submariners

Naval Medical Logistics Command
Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, was awarded a follow-on contract by the Naval Medical Logistics Command to support biomedical research and development at its Naval Submarine Medical
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