News

DoD Selects Federal Resources for $134M PPE Supply Contract

The Department of Defense has awarded Federal Resources Supply Company a potential $134M contract to deliver personal protective equipment kits at more than 15K nursing homes nationwide. Federal Resources began to ship masks, gloves, gowns and protective eyewear to skilled nursing facilities in Baltimore, Washington D.C., Philadelphia, New York and New Jersey,

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DoD Seeks Congressional Approval for $17.7B Columbia-Class Submarine Block Buy

The Department of Defense is asking Congress to authorize a potential $17.7B block-buy contract for two Columbia-class ballistic missile submarines, Defense News reported Wednesday. The U.S. Navy and General Dynamics (NYSE: GD) have been in talks over the terms of a two-ship procurement and the proposed block buy, if approved, would provide the company a steady flow of shipyard work as the industrial base faces the economic impact of the coronavirus pandemic.

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