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More than 800 employees in Rancho Cordova with jobs on the line in the current round of military health contracts got good news from the federal government Wednesday — a new contract valued at $17.7 billion.
The federal Defense Health Agency initially awarded Health Net Federal Services the five-year Tricare contract in July, but bid protests put the business in limbo. On Wednesday, the Government Accountability Office denied all protests, letting initial awards stand.
This means Health Net gets…