Pentagon Starts Bailing Out Companies that Have Lost Business Due to Coronavirus

Pentagon | June 12, 2020

The Pentagon has begun to bail out U.S. companies that have seen large parts of their business dry up amid the coronavirus pandemic, in a bid to make sure they can still build weapons. On Wednesday, officials announced that five mid-tier defense companies had received a total of $135 million to “help sustain defense-critical workforce capabilities in body armor, aircraft manufacturing, and shipbuilding,” according to a Defense Department statement.“These actions will help to retain critical workforce capabilities throughout the disruption caused by COVID-19 and to restore some jobs lost because of the pandemic,” Lt. Col. Mike Andrews, a Defense Department spokesman, said in the statement.

Spotlight

Civic technology merges technology innovation with civic purpose. Using civic applications, open data platforms, and a range of other technologies, civic tech connects citizens, tourists, and businesses with government services and government workers to make civic engagement and government infrastructure more effective. Tech-savvy government leaders, nonprofits, and civic start-ups are creating new technology-enabled services that make it easier for business to work with government, for citizens to fulfill their civic obligations, and for government workers to do their jobs. These services improve:

Spotlight

Civic technology merges technology innovation with civic purpose. Using civic applications, open data platforms, and a range of other technologies, civic tech connects citizens, tourists, and businesses with government services and government workers to make civic engagement and government infrastructure more effective. Tech-savvy government leaders, nonprofits, and civic start-ups are creating new technology-enabled services that make it easier for business to work with government, for citizens to fulfill their civic obligations, and for government workers to do their jobs. These services improve:

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Sigma Defense | May 18, 2022

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