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VA’s fiscal 2025 healthcare budget shortfall reduced to $6.6B

VA’s fiscal 2025 healthcare budget shortfall reduced to $6.6B

VA has revised its fiscal 2025 healthcare budget shortfall to $6.6 billion, nearly half its initial projection, according to FedNewsNetwork. The reduction follows cost-saving measures by the Veterans Health Administration (VHA), such as reduced reliance on payment incentives and deferred medical equipment purchases, which helped VHA stay within its

Army takes delivery of first Bombardier jet as part of new ISR platform

Army takes delivery of first Bombardier jet as part of new ISR platform

Bombardier Defense delivered the first Global 6500 jet to the Army for the High Accuracy Detection and Exploitation System (HADES), a new high-altitude intelligence, surveillance, and reconnaissance (ISR) platform, reports Defense Scoop. The HADES program, replacing the legacy RC-12 Guardrail, addresses the Army's top capability gap: deep sensing

POGO all over F-35 testing deficiencies despite full-rate approval

POGO all over F-35 testing deficiencies despite full-rate approval

POGO covers DOD’s recent decision to approve full-rate production for the F-35, throwing parched shade. “While the overall conclusions of the report obtained by POGO are obscured by redaction, the testing office’s F-35 report identifies numerous deficiencies that one might expect would make it impossible to conclude that

OMB requests $7.3B to address submarine cost overruns, workforce development

OMB requests $7.3B to address submarine cost overruns, workforce development

The Office of Management and Budget (OMB) has requested $7.3 billion in supplemental funding to address cost overruns and productivity shortfalls in US Navy submarine programs, reports USNI News. This includes $5.69 billion for Virginia-class submarines, covering wage and productivity improvements at General Dynamics Electric Boat and HII’

Nvidia’s AI-driven sales surge continues despite challenges

Nvidia’s AI-driven sales surge continues despite challenges

Nvidia reported a 94% increase in sales for its fiscal third quarter, reaching $35.1 billion, with profits more than doubling to $19.3 billion. Demand for its next-generation Blackwell AI chips, used by companies like Microsoft, Google, and Meta, has fueled growth, even as the company faces chip supply

Unanet acquires GovPro AI to bring the hype to govcon proposals

Unanet acquires GovPro AI to bring the hype to govcon proposals

Dulles-based Unanet has acquired GovPro AI, a DC startup specializing in AI-driven proposal writing tools for government contractors, per the Washington Business Journal. Terms were not disclosed, but the deal closed earlier this month. GovPro AI’s platform, which creates initial RFP drafts in hours, will integrate into Unanet’s

Congress steps in to resolve GSA pricing dispute in contractors' favor?

Congress steps in to resolve GSA pricing dispute in contractors' favor?

Venable has excellent coverage of the significant dispute between GSA and its Inspector General over Multiple Award Schedule (MAS) contract pricing, which may soon be resolved by Congress. The debate centers on GSA's Transactional Data Reporting (TDR) program versus the traditional most-favored-customer pricing approach with Price Reductions Clause