Though state officials have faced difficult choices as they struggle to finalize 2010 budgets across the country, it’s clear the task would have been even more grim without a crucial infusion of federal money. According to the Center on Budget and Policy Priorities, as dire as the states’ fiscal condition is – with dramatic revenue downturns leading in some cases to unprecedented service cuts – evidence shows this bad situation would be substantially worse if not for the $787 billion American Recovery and Reinvestment Act package enacted in February.
Leonardo DRS has been awarded a five-year, $250M contract to replace the U.S. Army's satellite communications terminals designed for tactical users. The contractor will help the Army replace the terminals that are set for decommissioning in fiscal year 2025, the Department of Defense said Wednesday.
Leidos (NYSE: LDOS) has received a potential five-year, $960M blanket purchase agreement to develop software to support the Customs and Border Protection’s traveler vetting procedures.