Trump on trade war: China wants to negotiate; we will start talking very seriously

CNBC | August 26, 2019

President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously. Speaking at the G-7 summit in Biarritz in France, Trump praised Chinese President Xi Jinping and welcomed his desire for a deal. “China called last night our top trade people and said ‘let’s get back to the table’ so we will be getting back to the table and I think they want to do something. They have been hurt very badly but they understand this is the right thing to do and I have great respect for it. This is a very positive development for the world,” Trump said. On Sunday, Trump said the U.S. and China were getting along very well and were talking. “Actually we are getting along very well with China right now, we are talking. I think they want to make a deal much more than I do. I’m getting a lot of money in tariffs its coming in by the billions. We’ve never gotten 10 cents from China, so we will see what happens,” Trump said on Saturday.

Spotlight

Today, government IT teams are expected to deliver more services with fewer resources. Consequently, many agencies have prioritized legacy modernization, interoperability, and shared service models as a means towards increasing IT delivery capacity. We propose that successful execution of these initiatives within the confines of

Spotlight

Today, government IT teams are expected to deliver more services with fewer resources. Consequently, many agencies have prioritized legacy modernization, interoperability, and shared service models as a means towards increasing IT delivery capacity. We propose that successful execution of these initiatives within the confines of

Related News

EMERGING TECHNOLOGY

NOAA Partners with Google to Boost Weather Forecasts with AI

NOAA | October 27, 2020

The National Oceanic and Atmospheric Administration and Google linked up to cooperatively steer artificial intelligence and machine learning-driven pilot projects that could advance the agency’s environmental monitoring, weather predicting, and climate research capabilities. Through a three-year deal unveiled Tuesday, the two will collectively study and develop small-scale AI systems and eventually wider-ranging prototypes that might be infused across NOAA’s broader enterprise. Such resources would be of good use to the water and climate-focused agency, which is responsible for providing raw data for weather forecasts nationwide, including those used to predict hurricanes and other natural disasters.

Read More

GOVERNMENT BUSINESS

Castellum Announces Signing of LOI to Acquire $4 Million Government Contractor

Castellum, Inc. | December 27, 2021

Castellum, Inc. announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue. Subject to due diligence and the execution of a definitive purchase agreement, the Company hopes to close the acquisition in the first quarter of 2022. “We are happy to announce our next LOI, which adds more than 25 employees and further strengthens our past performance by adding more capabilities in Information Warfare/Information Operations (IW/IO) serving the special operations community,” said Mark Fuller, President and CEO of Castellum. “Combined with some organic growth that we have seen recently; this accretive acquisition will push Castellum above the $40 million run-rate threshold. We also continue to look at other potential acquisitions.” About Castellum, Inc. Castellum, Inc. is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space

Read More

GOVERNMENT BUSINESS

Kratos Receives $50 Million Sole Source Contract Option Award for 65 Production BQM-177A Aerial Target Drones from U.S. Navy

Kratos | December 29, 2021

Kratos Defense & Security Solutions, Inc. , a leading National Security Solutions provider, announced today following the Government announcement, that Kratos Unmanned Aerial Systems (KUAS) has been awarded a $50,917,490 contract modification (P00007) to a previously awarded firm-fixed-price contract (N0001920C0075). This modification exercises an option to procure 65 BQM-177A Subsonic Aerial Targets, 50 for the Navy, seven for the government of Japan, and eight for the government of Saudi Arabia, as well as associated technical and administrative data in support of full rate production lot three. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Due to customer-related, competitive, security, and other considerations, no additional information will be provided. Steve Fendley, President of Kratos Unmanned Systems Division, said, “The Kratos team is incredibly proud to receive this third consecutive full rate production option award supporting our U.S. Navy customer. We are also excited that 15 of these drone aircraft will support the U.S. Government’s foreign allies. Throughout the challenges of the last two years, Kratos has remained focused on developing, producing, and delivering target and tactical drone systems to support the established and forecasted customer needs.” About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development.

Read More