KKR hires former Australian Prime Minister Turnbull as global senior advisor

Reuters | May 31, 2019

KKR hires former Australian Prime Minister Turnbull as global senior advisor
KKR & Co has appointed former Australian Prime Minister Malcolm Turnbull as a global senior advisor, the global investment firm told Reuters on Friday. The appointment is effective from June 1, KKR said in a statement. Turnbull, 64, served as Australia’s 29th prime minister from September 2015 to August 2018, when he was ousted in a leadership battle. The appointment marks a return to the world of finance for Turnbull, a former lawyer who held a host of high-profile corporate roles before entering politics as a local member of parliament in 2004. In the 1990s, Turnbull was the local managing director of global investment bank Goldman Sachs Group Inc. He was also an investor in one of Australia’s first internet service providers, OzEmail, reportedly buying a stake for A$500,000 ($345,450) in 1994 and selling it for A$57 million to MCI Worldcom five years later.

Spotlight

When Congress unanimously passed the DATA Act in May 2014, it did not just impose the first-ever open data law. It also transformed the financial management of the largest organization in history. Until the DATA Act, agencies, grantees, and contractors separately reported their finances, with no way to match agency accounts to specific grants and contracts or bring together an enterprise-wide view across the whole government. By requiring the Treasury Department and the White House to adopt a consistent, government-wide electronic structure for all this information, and by providing for the whole corpus of federal spending to be published in one place, the DATA Act builds a way for citizens will be able to follow how their taxes are being spent. But the impact is no less profound for leaders within the government. This session will explore how the transformation of federal spending into open data will help financial managers and watchdogs solve internal management challenges and deploy Big Data analytics to hunt for waste and fraud.

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GOVERNMENT BUSINESS

Westinghouse Announces New President of Westinghouse Government Services

Westinghouse Electric | December 13, 2021

Westinghouse Electric Company announced that Paul Longsworth has been appointed president of Westinghouse Government Services (WGS). Longsworth joined WGS in June 2021, bringing more than 35 years of experience in nuclear energy, national security and environmental industries. Previously, he served as Vice President, Secure Services at Flour, and was the Deputy Administrator for Defense Nuclear Nonproliferation at the U.S. Department of Energy. He takes over the business following the retirement of Bob Cochran. “Westinghouse has a strong record of leadership and support for the government for decades, and we look forward to building on this with Paul’s experience and strategic vision. Paul’s deep understanding of the government market segments will strengthen our ability to deliver best-in-class technologies and excellence in nuclear operations to accelerate environmental cleanup, deploy innovative reactor and fuel technologies, and serve the critical supply chain needs of our government customers.” Sam Shakir, President of Environmental Services at Westinghouse Westinghouse Government Services, LLC (WGS) is a subsidiary of Westinghouse Electric Company, LLC. WGS delivers the company’s nuclear technologies and services for government programs, globally. The range of services and capabilities incorporate manufacturing of nuclear grade components and materials, operations of nuclear material processes and associated technologies, deactivation and decommissioning nuclear facilities and assets, treatment, management and disposition of nuclear materials, and delivery of advanced reactor technology. Paul will lead a world class team of experts that deliver projects in the United States that support the Department of Energy, the National Nuclear Security Administration and the Department of Defense and the Canadian National Laboratory. “We thank Bob for his significant contributions he has made to Westinghouse through his relentless energy and dedication to the company,” said Shakir. Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. For over 130 years, innovation makes Westinghouse the preferred partner for technologies covering the complete nuclear energy life cycle.

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GOVERNMENT BUSINESS

US Government Awards $12M Contract to Hardware Security Pioneer Tortuga Logic to Advance Solutions for Zero-Trust Assured Microelectronics

Tortuga Logic | December 22, 2020

Tortuga Logic® Inc., a cybersecurity organization who has pioneered ASIC, FPGA and SoC equipment security arrangements, today reported that it has been granted a SBIR Phase III agreement from the US Government to cultivate the improvement of cutting edge equipment security arrangements. Ansys will team up with Tortuga Logic to propel side-channel spillage examination work processes. "Software security has attracted considerable attention for more than a decade and significant effort has been put into solutions that harden software applications," said Andreas Kuehlmann, Executive Chair and CEO. "The more recent emergence of hardware security vulnerabilities threatens the very foundation of our computing infrastructure." "Hardware security is a growing area of interest, not just for the Department of Defense and Defense Industrial Base, but also for commercial industries like telecommunications, automotive, and smart-card companies," said Joe Cole, Vice President, Ansys Federal Aerospace and Defense Business. "Ansys' state-of-the-art semiconductor solutions deliver calculable metrics to effectively measure and predict side-channel emissions during a chip's design phase — significantly de-risking the chance of physical probing by an adversary after a chip is manufactured. With Ansys, Tortuga Logic can enhance trustworthiness and security during the development process and beyond." In acknowledgment of the significance of equipment security, the US Government granted a $12M SBIR Phase III consent to Tortuga Logic. The understanding follows a formerly declared SBIR Phase II arrangement from the US Air Force and AFWERX. "This Phase III contract shows the continued commitment the US Government has for enhancing hardware security for microelectronics." Said Jason Oberg, CTO and co-founder of Tortuga Logic. "The award will allow us to rapidly expand our solution to address new classes of hardware weaknesses in the physical domain that are critical to the security of both our government and commercial customers." About Tortuga Logic Founded in 2014, Tortuga Logic is a cybersecurity company that has pioneered industry-leading products and services to address hardware security vulnerabilities in today's systems. The company's Radix™ product line is a critical component of a rigorous pre-silicon Secure Hardware Development Lifecycle, where security signoff is mandated, before the device is manufactured.

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SDL Announces Long-term Enterprise Agreement with US Navy

SDL | October 12, 2020

SDL the intelligent language and content company, announces a long-term contract with the US Navy to standardize the creation, management and delivery of all technical publications on the SDL Contenta Publishing Suite. The Navy Enterprise Subscription License (NESL) agreement re-affirms SDL’s role in the US Navy’s ongoing rationalization, reduction and centralization strategy to lower the total cost of ownership of all technical publications.

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Spotlight

When Congress unanimously passed the DATA Act in May 2014, it did not just impose the first-ever open data law. It also transformed the financial management of the largest organization in history. Until the DATA Act, agencies, grantees, and contractors separately reported their finances, with no way to match agency accounts to specific grants and contracts or bring together an enterprise-wide view across the whole government. By requiring the Treasury Department and the White House to adopt a consistent, government-wide electronic structure for all this information, and by providing for the whole corpus of federal spending to be published in one place, the DATA Act builds a way for citizens will be able to follow how their taxes are being spent. But the impact is no less profound for leaders within the government. This session will explore how the transformation of federal spending into open data will help financial managers and watchdogs solve internal management challenges and deploy Big Data analytics to hunt for waste and fraud.