Cook the bacon. Place bacon on a cold pan and place over medium heat. Cook the bacon until it is browned and crispy. Remove the bacon from the pan and set to the side. keep the grease in the pan and return to the stove top.
Cook the chicken. Salt and pepper the chicken breasts. Sear the chicken breasts in the bacon grease for 2-5 minutes on each side, until golden brown. Remove the chicken from the pan and set to the side.
Make the sauce. Combine the chicken broth, dijon mustard, white wine vinegar, garlic powder, onion powder, paprika, and thyme in a small bowl. Mix to combine, then add to the pan. Let the sauce come to a light boil.
Add the chicken and the bacon. Place the chicken and the bacon back in the pan, covering the chicken breasts with sauce. Cook for 10 minutes.
Make the slurry. Combine the flour and water, then add the slurry to the pan. Stir to combine, and allow to thicken over medium heat for 1-2 minutes. Remove from heat and serve. Mangia!