Federal agencies are expected to spend approximately $29B on information technology products and services in the fourth quarter of fiscal year 2019, Bloomberg Government reported Tuesday.
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Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …
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