GovCon

The latest industry news for the government contracting community.

Lockheed’s Sikorsky wins $2.3 billion Army Black Hawk multi-year contract
The Army and Lockheed Martin's Sikorsky have finalized its tenth multi-year contract for the UH-60M Black Hawk helicopter as the service prepares to keep it in the fleet for several more decades as it continues to develop the Future Long-Range Assault Aircraft intended to replace the utility helicopter.
Using the 5Cs of fraud prevention in government programs
By detecting anomalies in data using advanced technologies such as artificial intelligence and machine learning, agencies are able to identify nefarious activity and stop it before more costly and malicious activity occurs. Actionable information extracted from data can also enable agencies to detect and prevent fraud before it happens.
Trump: Postal Service must charge Amazon more, or no loan
“The Postal Service is a joke because they’re handing out packages for Amazon and other internet companies and every time they bring a package, they lose money on it,” President Trump told reporters in the Oval Office.
Fed will provide monthly disclosures on support programs
The central bank is “committed to transparency and accountability by providing the public and Congress detailed information about our actions to support the economy during this difficult time,” Federal Reserve Chair Jerome Powell said.
FCC unanimously approves spectrum plan Pentagon rejected
The Federal Communications Commission unanimously approved a long-standing application from Ligado Networks to operate in the L-band spectrum, overriding concerns from the Department of Defense and other government agencies which were concerned the company’s plan will cause damage to the Global Positioning System, sources said April 17.
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