Factbox: Clash between Trump, U.S. House Democrats shifts into courts

Reuters | July 04, 2019

U.S. House Democrats this week sued the Trump administration to demand President Donald Trump’s individual and business tax returns after Treasury Secretary Steven Mnuchin refused a legal request and defied two congressional subpoenas. The House Ways and Means Committee lawsuit is the latest action as the Democratically controlled chamber pursues multiple investigations into the Republican president, his family and businesses.

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This White Paper focuses on the competitive pricing activities that should optimally occur before the
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This White Paper focuses on the competitive pricing activities that should optimally occur before the
final request for proposal (RFP) is released.

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CYBERSECURITY

CyberSheath Partner Program Delivers CMMC Compliance Across the Defense Industrial Base

CyberSheath Services International | May 20, 2022

Security, compliance, and IT roadblocks slow down federal contractors working to achieve compliance with Cybersecurity Maturity Model Certification (CMMC). The Defense Industrial Base (DIB) includes more than 220,000 companies, many of which have existing vendor relationships across the security, compliance, and IT CMMC requirements, but no single vendor solves every compliance challenge. CyberSheath, the largest CMMC managed service provider supporting the DIB, has launched a partner program designed to empower vendors to expand their core capabilities and achieve CMMC compliance faster. The CyberSheath Partner Program allows managed security service providers (MSSPs) and managed service providers (MSPs) to easily identify opportunities to speed their end customers’ cybersecurity compliance journeys. Every customer has gaps when it comes to CMMC compliance, and they want to fill them efficiently. Our one-of-a-kind partner program allows IT providers to step into cybersecurity and vice versa. Defense contractors want to manage one provider, not three or more, and now you can be that provider. CMMC compliance is a matter of national security, and we recognize that anything we can do to speed up a contractor’s journey to full compliance literally makes this country more secure. Our partner program represents a significant milestone in delivering on our promise to our clients and partners to expand our previously in-house capabilities across a partner ecosystem. We worked extremely closely with our partners on program development to ensure their interests are aligned with the new framework.” Eric Noonan, CEO of CyberSheath To facilitate the program, CyberSheath created new centralized resources, including a new partner portal and enhanced website to ensure CyberSheath and its partners are in lockstep to quickly and efficiently deliver solutions that drive impactful client outcomes. The program delivers an improved experience for clients through benefits such as: Accelerated time to value through enhanced delivery capabilities and increased capacity Private label, joint co-marketing, and sales lead demand generation via CyberSheath’s comprehensive library of DFARS compliance subject matter and collateral Flexible DFARS partner pricing with models designed to align cost structure with client’s service and capacity consumption Enhanced customer care from a dedicated engineering staff that can assist in advanced project deployments and defend against premeditated, persistent cyberattacks CyberSheath MSSP SOC Service staffed by experienced security professionals that have accumulated vast knowledge of network threats, detection and mitigation, and an in-depth understanding of CyberSheath’s DFARS compliance and security capabilities Admission to CMMC Con 2022, the nation’s largest CMMC conference that helps contractors navigate their course through the evolving compliance landscape “Our relationship with CyberSheath allows us to provide best-in-class, secure, cloud-based solutions to address our customers’ complicated compliance needs like CMMC and NIST 800-171, ensuring that their cybersecurity posture is appropriate for protecting their critical and sensitive business data, whether it’s defense or commercial,” said Jeff Roberts, co-founder of principia/RAID. “With the strength of our CyberSheath partnership, we can empower more businesses to drive further innovation and more effectively manage their IT spend, positively impacting their business outcomes and meeting stringent U.S. DoD needs.” About CyberSheath Services International, LLC Established in 2012, CyberSheath is one of the most experienced and trusted IT security services partners for the U.S. defense industrial base. From CMMC compliance to strategic security planning to managed security services, CyberSheath offers a comprehensive suite of offerings tailored to clients’ information security and regulatory compliance needs.

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GOVERNMENT BUSINESS

Knightscope Earns FedRAMP "In-Process" Rating from the U.S. Federal Government

Knightscope | June 07, 2022

Knightscope, Inc., a provider of sophisticated physical security technology aimed at improving U.S. security operations, revealed today that the Federal Risk and Authorization Management Program has reached the "In-Process" level (FedRAMP). FedRAMP is a federal-level program that encourages the use of safe cloud services by establishing a standardized approach to security evaluation, authorization, and continuous monitoring of cloud goods and services. Knightscope's cyber security team has been working relentlessly for the past 17 months to create a safe, hardened environment dedicated entirely to supporting U.S. Government clients. Knightscope was able to create a tightly controlled version of its product offering from the ground up. A FedRAMP-authorized Third-Party Assessment Organization tested the secure environment. Knightscope's product was put to the test utilizing the most cutting-edge cyber technology, and it was discovered that the ASR was far too secure to be entered without the Company's help. Knightscope has now been listed as a service provider because of these findings, and it may begin conversations with government agencies about delivering services to federal authorities. One of the key roles of government is to protect its citizens, so it is critical that we provide them with the most advanced public safety technologies available. The FedRAMP process is arduous, but we believe it is a great investment of time and resources as it ensures our cybersecurity efforts are top notch. I'm looking forward to continuing to build even more cutting-edge technology to support our mission to make America the safest country in the world." Mercedes Soria, EVP and Chief Intelligence Officer, Knightscope, Inc. To conduct business with the federal government, cloud-based service providers must complete the FedRAMP procedure and acquire an Authority to Operate ("ATO"). Only 262 ATOs have been granted as of this publication, and only 83 firms have reached the "In-Process" stage. Knightscope's service offering for a Government Law Enforcement Agency was accepted as a consequence of the team's hard work, and Knightscope is now listed on the FedRAMP Government Market Place.

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GOVERNMENT BUSINESS

SemanticBits Will Be Acquired by ICF

ICF | June 10, 2022

ICF, a worldwide consulting and digital services firm, said today that it has reached a definitive agreement to acquire SemanticBits, a leading provider of mission-critical digital modernization solutions to US government health agencies. In 2022, SemanticBits is predicted to produce $135 million in yearly revenue. In 2023, almost $115 million of that will be recurring, owing to the conclusion of many small company contracts. As part of ICF, SemanticBits is expected to produce EBITDA margins in the high teens, based on its track record of double-digit sales growth. ICF will use its existing credit facility to cover the $220 million deal. Upon completion, the deal is expected to be accretive to ICF's EPS. SemanticBits offers a comprehensive set of open-source digital modernization services, including end-to-end agile at scale development, cloud-native solutions, data analytics, and human-centered design. SemanticBits, which was founded in 2005, has a team of 450 technologists and practitioners with experience working on large federal health IT projects and expertise across 30 technology platforms. They use a fully agile approach that complements ICF's deep federal health domain expertise and digital modernization capabilities. SemanticBits provides help to federal health authorities in the United States, primarily the Centers for Medicare and Medicaid Services (CMS). This latest acquisition is in keeping with our strategy to complement organic growth with acquisitions that strengthen ICF's position in key growth markets and provide meaningful revenue synergies over time." John Wasson, ICF chair and chief executive officer John further added, "SemanticBits' advanced health IT and data science solutions accelerate and improve mission impact and health outcomes. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies." The acquisition is scheduled to close in mid-July, subject to regulatory and customary conditions. When ICF reports its second quarter results in early August, it aims to publish updated financial forecast for the full year 2022, which will include the projected contribution from the SemanticBits purchase.

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