Tuesday, October 22, 2013

Govt Shutdown? $6.3 Billion awarded during 16 days of shutdown

The Defense Department awarded 95 contracts valued at more than $6.3 billion during the 16 days of the government shutdown this month, with the Air Force and Navy awarding contracts valued $2.7 billion and $2.1 billion dollars, respectively.

The Pentagon, which ordinarily announces awards of contracts valued at more than $6.5 million on a daily basis, suspended the announcements – but not the awards – until Friday, when it posted all the contracts that met the threshold since Oct. 1.

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