Government Shutdown Now Impacting U.S. Housing, Mortgage Markets

World Property Journal | January 09, 2019

Since the start of the U.S. Government shutdown on December 21, 2018, all aspects of the federal housing, mortgage, and programs of the real estate industry have been impacted. According to a new survey by the National Association of Realtors of 2,211 NAR members found 75 percent had no impact to their contract signings or closings. However, 11 percent did report an impact on current clients and 11 percent on potential clients.

Spotlight

In this webcast (previously aired on January 15th, 2015), Commission staff answered questions from the field related to the retroactive application of the 2014 drug amendment, highlighted the most recent Quick Facts publications, and discussed the proposed 2015 amendments that were published for public comment.

Spotlight

In this webcast (previously aired on January 15th, 2015), Commission staff answered questions from the field related to the retroactive application of the 2014 drug amendment, highlighted the most recent Quick Facts publications, and discussed the proposed 2015 amendments that were published for public comment.

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GOVERNMENT BUSINESS

SES Completes $450 Million Acquisition of DRS Global Enterprise Solutions Doubling US Government Business

SES | August 02, 2022

SES and its wholly-owned subsidiary SES Government Solutions (SES GS) today announced the completion of the acquisition of DRS Global Enterprise Solutions (GES) from Leonardo DRS for $450 million after obtaining all the necessary regulatory approvals. The DRS GES business will be combined with SES GS to create a scaled solutions provider serving the multi-orbit satellite communications needs of the US Government and supporting missions anywhere on land, at sea, or in the air. With the combined businesses operating as SES Government Solutions, the new organization will comprise a cross-functional workforce with deep technical expertise and a proven ability to integrate and manage multi-orbit geostationary and medium earth orbit (MEO) services as well as multi-operator network solutions. In particular, SES GS will offer highly flexible second-generation MEO services – via SES’s soon-to-be launched O3b mPOWER system – with a unique combination of low latency and high throughput per terminal for high-value missions, to an expanded government customer base. SES GS will also leverage essential tools and expertise in cybersecurity operations, customer support, governance and compliance. The combined business will continue to serve US Government customers under the direction of the SES GS Proxy Board of Directors. The consolidation of DRS GES with SES GS is expected to unlock $25 million of annualized run-rate synergies, with government becoming SES’s largest data business segment in terms of revenue. The combined business will be led by David Fields, who assumes responsibilities on August 1, 2022 as appointed by the SES GS Proxy Board. Fields has over 30 years of experience in the satellite communications and information technology (IT) services industries, and joins SES GS from DRS GES. He succeeds Brigadier General Pete Hoene, USAF (Retired), who, after 11 years at the helm of SES GS and decades of dedicated service in the satellite communications arena, will take his retirement. “I am extremely excited about the potential that this combination unleashes, reinforcing our commitment to provide best-in-class satellite network solutions to the US Department of Defense customers, We are delighted to welcome Fields, who comes to SES GS with extensive knowledge and expertise in the satellite communications industry and a demonstrated record of achievement in the US Government sector. Well-respected by industry partners and customers, he has developed deep and trusted relationships with many US Government agencies, and we anticipate David to build on his success through his leadership of the combined business. We would also like to take this opportunity to thank Pete Hoene, whose leadership has resulted in SES GS achieving outstanding growth rate of over 30% in just the last five years. We wish him all the best in his well-earned retirement.” -Brigadier General Billy Bingham, USAF (Retired), Chairman of the SES GS Proxy Board. I am excited to join SES GS and honored to lead the combined team where we will be delivering best-in-class solutions and state-of-the-art multi-orbit satellite networking capabilities, said David Fields, President and CEO of SES GS. SES GS will be significantly expanding its differentiated value proposition for the US Government, with a trusted multi-operator network integration and service management solutions. The breadth of our capabilities, now spanning both connectivity and integration, allows for building, managing and supporting the most advanced satellite networks solutions for our US Government customers. About SES: SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries over ~8,200 channels and has an unparalleled reach of 366 million households, delivering managed media services for both linear and non-linear content. About SES Government Solutions: SES Government Solutions (SES GS) is a wholly-owned subsidiary of SES, the leader in global content connectivity solutions, and is exclusively focused on building, managing, and supporting the most advanced satellite network solutions for the US Government. SES GS leverages a proven multi-operator network integration and management capability, an extensive global terrestrial network, as well as access to SES’s multi-orbit satellite fleet. It also offers US Department of Defense customers the essential tools in cybersecurity for mission-critical operations, coupled with a proven track record in governance and compliance. SES GS operates under a proxy board, enabling it to support classified projects, and it has been present in the US Government satcom market for over four decades.

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CYBERSECURITY

Trend Micro Formalizes Business Unit for U.S. Federal Agencies' Specific Needs

Trend Micro Incorporated | May 30, 2022

With the development of a dedicated U.S. Federal business unit, Trend Micro Incorporated, a worldwide cybersecurity pioneer, confirms its position as the security partner of choice. The company is committed to expanding its mission to U.S. federal agencies and citizens by securing data as it moves to the cloud, particularly for major investment and specialist recruitment. he business unit in Washington, DC, focuses on protecting digital transformation, zero-trust implementation, and cloud migrations that meet the needs of federal agencies. Customers benefit from a carefully chosen roster of government cybersecurity professionals, which includes hundreds of government institutions around the world, including current U.S. Federal agencies. Former government cyber executives, specialized support teams, and cyber threat researchers are among them. David Chow, Chief Technology Strategy Officer and former federal government CIO and CISO with decades of experience as a government practitioner and leader. Ed Cabrera, Chief Cybersecurity Officer and former CISO of the U.S. Secret Service, who has managed cybersecurity strategy and alignments with federal departments. Chris Radosh, Vice President and General Manager of the Business Unit, is a proud veteran with over 25 years of experience operating technology enterprises and forming cybersecurity collaborations with federal agencies. Cybercriminals are constantly targeting the heart of U.S. national security. According to a recent study, governments worldwide have been targeted by ransomware more than any other industry. Trend Micro is confident in its goal to secure the connected world, and it is particularly committed to safeguarding the country's core. Trend Micro has the most customers and threat data from all over the world, and governments all over the world have relied on the company for decades. Trend Micro has a demonstrated commitment to providing customizable information security for the federal government. Federal agencies and organizations need flexible, scalable security solutions that fit into their overall goals to manage risk. Our long-standing relationship with Trend Micro includes a fundamental security software used in Coalfire's Accelerated Cloud Engineering (ACE) offering. We are most grateful for this extraordinary partnership." Coalfire's Business Development Director, Chris Krueger

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CYBERSECURITY

CornerstoneAI Announces Strategic Partnership with Carahsoft to Deliver AI Data Bias and Cybersecurity Solutions to Federal Government Agencies

Carahsoft | August 05, 2022

CornerstoneAI, Provider of Ethical and Responsible AI Services and Solutions, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under this agreement, Carahsoft will serve as CornerstoneAI’s Master Government Aggregator®, making their artificial intelligence (AI) and machine learning (ML) solutions available to the Public Sector through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, OMNIA Partners and National Cooperative Purchasing Alliance (NCPA) contracts. CornerstoneAI’s mission is to ensure the development and ongoing maintenance of responsible AI usage by agencies within the Federal and State Government space. AI plays a critical role in nearly every aspect of business and accelerates the creation of high-impact digital and automated solutions. CornerstoneAI provides AI audit, remediation and development services, including cybersecurity to maximize these benefits while maintaining necessary boundaries and implementing precautions against misuse. “Partnering with a company as reputable as Carahsoft, provides a clear path to further our mission to eliminate data bias in AI/ML and bring responsible AI techniques to the top of AI development agendas, I am confident that our partnership with Carahsoft and its resellers will provide Government agencies a competitive edge and advantage in the continuous modernization effort.” -Eric Barberio, Executive Advisor and COO of CornerstoneAI. Preserving ethical operations is crucial to any technology field and CornerstoneAI makes this task simple. Through CornerstoneAI’s efficient auditing and detailed reports, agencies can improve their data ecosystems and build trust by identifying challenge areas and implementing effective solutions to eliminate machine learning bias and AI discrimination. “With the addition of CornerstoneAI to Carahsoft’s AI solutions portfolio, Government agencies have access to solutions that can ensure their AI systems function at maximum quality and accuracy, We look forward to working with CornerstoneAI and our resellers to help agencies take ownership of their AI diversity and create an equal opportunity, inclusive society.” -Michael Adams, Director of AI Solutions at Carahsoft. About Carahsoft: Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Artificial Intelligence, Cybersecurity, MultiCloud, DevSecOps, Big Data, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. About CornerstoneAI Inc: CornerstoneAI Audits, Inc is the creator of the BiasFinder AI technology designed to assess bias within machine learning AI systems of any size and provides data-engineering and social ethics consulting assessments of AI eco-systems having established an audit program to attest to Fairness, Accuracy, Transparency and ensure AI systems are Explainable to all stakeholders.

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