Trump Sends Congress Report on US Strategy in Syria - Letter

Sputnik | February 26, 2019

US President Donald Trump in a letter to congressional leaders said he has submitted a report as required by law related to the administration’s strategy in Syria. The letter, dated 22 February, was addressed to the chairmen of the US House Armed Services Committee and the Senate Foreign Relations panel. Trump said the move was in accordance with section 1221 of the National Defense Authorization Act (NDAA) for Fiscal Year 2018 and 1231 of the 2019 NDAA. As released to the press, the letter contained no details with respect to the strategy.

Spotlight

Our economy is stronger than it was when President Obama took office during the Great Recession, but we're not there yet. To build an economy that works for every American -- not just the privileged few -- we must invest in key areas to create security and opportunity for America’s middle class.

Spotlight

Our economy is stronger than it was when President Obama took office during the Great Recession, but we're not there yet. To build an economy that works for every American -- not just the privileged few -- we must invest in key areas to create security and opportunity for America’s middle class.

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GOVERNMENT BUSINESS,CYBERSECURITY

QinetiQ US to Acquire Avantus Federal

Avantus Federal | August 08, 2022

QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc and a leading defense company providing mission-critical solutions in robotics and autonomous systems, sensing, protection systems, and next-generation autonomous vehicles announced today that it has entered into a definitive agreement to acquire Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590 million. The combination of QinetiQ US and Avantus will create a powerful growth platform to address the complex and large scale intelligence and defense challenges government customers face today. The closing of the acquisition is subject to customary conditions, including regulatory approvals, and is expected to close by end of calendar year 2022. Avantus is a leading provider of mission-focused cyber, data analytics, and software development solutions to the Department of Defense, Intelligence Community, Department of Homeland Security, and other law enforcement and civilian agencies. From supporting sensitive national security customers on some of the most complex data engineering, cyber, and analytics problems in the world, to providing key mission operational, intelligence, and cyber support to special operators, and helping accelerate new technologies into the warfighter’s hands, Avantus has a strong track record of achieving speed-to-mission-impact. “We have been thoroughly impressed by the quality of the Avantus employee base, leadership team, customer impact, and the sustained organic growth. We see great alignment in our culture and strategy, Avantus’ highly integrated business, core capabilities, and customer relationships complement QinetiQ’s distinctive offerings, allowing us to grow the services and solutions that benefit our combined global customers as their needs evolve at an accelerating pace.” -Steve Wadey, Group Chief Executive Officer for QinetiQ Group plc. Both Avantus and QinetiQ are best-in-class providers of technology services and support, cyber and intelligence solutions, and information services. With high-trust, established customer relationships within the most important and enduring mission areas, this acquisition enhances the go-to-market strategy for both companies. “We believe that the combination of QinetiQ US and Avantus will create a unique business in the US and globally with a powerful performance culture and scaled technical differentiation, This acquisition is a transformational platform that delivers on our growth strategy of building a disruptive mid-tier defense and intelligence company.” -Shawn N. Purvis, President and Chief Executive Officer of QinetiQ US. Our market is evolving rapidly and demanding more of our customers every day, and joining forces with QinetiQ US will deliver solutions at scale to meet the moment, said Andy Maner, Chairman and Chief Executive Officer of Avantus. With a shared culture of absolute customer focus and employee investment and a structure built for agility and speed, this opportunity to combine with QinetiQ US strengthens our defense presence and combined position across our intelligence and homeland, law enforcement, and civilian portfolio, and we are poised to continue our joint mission as an innovator unique to our market. The combination with Avantus will materially enhance QinetiQ US’s position in the largest defence and intelligence market in the world by creating a large full solutions US Defense contractor business well-positioned within high growth and durable market areas. Avantus brings a strong order backlog, and the acquisition creates a compelling platform for new scaling organic and inorganic growth for QinetiQ in the US. Guggenheim Securities, LLC served as exclusive financial adviser to Avantus and NewSpring Holdings, and Baker Tilly provided financial due diligence expertise. Blank Rome LLP and Kirkland & Ellis LLP served as counsel to Avantus. Citizens and Gleacher Shacklock served as joint lead financial advisers and Baker McKenzie served as counsel to QinetiQ. About QinetiQ US: QinetiQ US is a leading defense and security company in the United States providing mission-led innovation at pace. QinetiQ US is a provider of technologically advanced services and products to the US Department of Defense and national security agencies, positioned to deliver key aspects of the modernization required to address our customers’ pivot to counter near peer adversaries. QinetiQ’s engineering services span the DoD and Intel community providing subject matter expertise in the areas of communications, sensor integration and research and development, survivability and unmanned ground combat systems. QinetiQ US operates as the U.S. arm of QinetiQ Group plc (QQ.LSE), a global integrated defense and security company focused on innovation for defense, security and civil customers around the world. QinetiQ US employees are based predominantly in Virginia and Massachusetts and operate under a Special Security Agreement (SSA) with the U.S. Defense Counterintelligence & Security Agency (DCSA). QinetiQ US is creating new ways of protecting what matters most; testing technologies, systems, and processes to make sure they work as expected; and enabling customers to deploy new and enhanced-existing capabilities with the assurance they will deliver the outcomes required. About Avantus Federal: Avantus Federal is a mission-focused data, cyber, and space services and solutions company. As a mid-market powerhouse with an intentional blend of elite talent, infrastructure, and speed to impact, Avantus and its approximately 1,150 highly-cleared professionals lead with technical and domain expertise for its Defense, Intelligence, Homeland Security, and Federal Civilian customers. Helping to solve some of the toughest national security problems and government missions, Avantus’ offerings enable services at scale, including cyber technologies and operations, data and software solutions, digital engineering and integration, intelligence analysis and operations, space domain capabilities, transformation and advisory services, and more. About NewSpring Holdings: NewSpring Holdings, NewSpring's dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $2.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries.

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CYBERSECURITY

SecurityScorecard Partners with The National Association of Counties to Improve Cybersecurity Posture of Local Governments Across the U.S.

SecurityScorecard | July 19, 2022

In its ongoing effort to improve the security posture of federal, state and local government agencies, SecurityScorecard, the global leader in cybersecurity ratings, today announced a partnership with The National Association of Counties (NACo). Through this partnership, U.S. county governments will gain access to SecurityScorecard’s cybersecurity ratings platform to monitor and improve cybersecurity risk. NACo successfully piloted SecurityScorecard’s cybersecurity ratings platform, which involved 38 counties. SecurityScorecard’s platform is now available in the NACo County Tech Xchange, an online portal that connects more than 800 county CIOs, IT directors, CISOs and other county IT leadership. The portal provides resources that enable counties to improve their technology infrastructure. “We are committed to helping government entities in keeping their communities secure,” said Sachin Bansal, Chief Business and Legal Officer, SecurityScorecard. SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. “Working with SecurityScorecard will enable us to improve the overall health of county networks and provide immediate access to information about cyber threats and risks, not only for county networks but also for third-party partners,” said Rita Reynolds, CIO of NACo. “This expansive approach offers sophisticated, real-time data that enhances counties’ capacity to monitor and protect critical assets.” In recent months, SecurityScorecard has established partnerships with the New York Department of Financial Services and U.S. state banking regulators via the Conference of State Banking Supervisors. In addition, SecurityScorecard has significantly increased its work with multiple congressional committees, federal and state agencies, and local authorities and meets regularly with government agencies for policy and operational collaboration, including threat intelligence briefings for major government agencies. SecurityScorecard is a founding member of the Institute for Security & Technology and the only security ratings provider to participate in the Institute’s cross-industry Ransomware Task Force. SecurityScorecard will participate in the NACo 2022 Annual Conference being held July 21 – 24. This is the largest meeting of county officials who will collaborate on NACo’s federal policy agenda, share proven practices and strengthen knowledge to help improve residents’ lives and the efficiency of county government. For more information on the SecurityScorecard cybersecurity ratings platform or to request a demo, please visit www.securityscorecard.com. About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.NACo successfully piloted SecurityScorecard’s cybersecurity ratings platform, which involved 38 counties. SecurityScorecard’s platform is now available in the NACo County Tech Xchange, an online portal that connects more than 800 county CIOs, IT directors, CISOs and other county IT leadership. The portal provides resources that enable counties to improve their technology infrastructure. “We are committed to helping government entities in keeping their communities secure.” -Sachin Bansal, Chief Business and Legal Officer, SecurityScorecard. SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. “Working with SecurityScorecard will enable us to improve the overall health of county networks and provide immediate access to information about cyber threats and risks, not only for county networks but also for third-party partners, This expansive approach offers sophisticated, real-time data that enhances counties’ capacity to monitor and protect critical assets.” -Rita Reynolds, CIO of NACo. In recent months, SecurityScorecard has established partnerships with the New York Department of Financial Services and U.S. state banking regulators via the Conference of State Banking Supervisors. In addition, SecurityScorecard has significantly increased its work with multiple congressional committees, federal and state agencies, and local authorities and meets regularly with government agencies for policy and operational collaboration, including threat intelligence briefings for major government agencies. SecurityScorecard is a founding member of the Institute for Security & Technology and the only security ratings provider to participate in the Institute’s cross-industry Ransomware Task Force. SecurityScorecard will participate in the NACo 2022 Annual Conference being held July 21 – 24. This is the largest meeting of county officials who will collaborate on NACo’s federal policy agenda, share proven practices and strengthen knowledge to help improve residents’ lives and the efficiency of county government. About SecurityScorecard- Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating.

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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

NTIS Can Leverage M9 Solutions as a Leading, Innovative Company to Solve Complex Data Challenges

M9 Solutions | August 04, 2022

We are excited to announce that M9 Solutions and the National Technical Information Service (NTIS) have entered into a Joint Venture Partnership (JVP) for Data Innovation Support. In response to a rigorous NTIS review and selection process, which is described in the linked Federal Register Notice, M9 Solutions was chosen as a JVP. M9 Solutions brings some of the brightest minds in data science, and now can help support any agency to implement any government data science project in partnership with NTIS The Department of Commerce's National Technical Information Service (NTIS) accelerates results across the Federal Government by leveraging data as a strategic asset to achieve mission outcomes. As a trusted Fed-to-Fed advisor, NTIS applies its unique joint venture partnership (JVP) authority (15 U.S. Code 3704b) leveraging leading, innovative companies to help federal agencies solve their complex data challenges. NTIS efforts promote operational excellence through applied data science innovation in areas such as artificial intelligence, machine learning, predictive analytics and blockchain. "We are thrilled to be selected as a Joint Venture Partner with NTIS. Our internal Center of Excellence (CoE) with a dedicated focus on cutting edge AI and Blockchain technologies will transform federal agencies mission operations by using data in more innovative ways." -David Callner, M9's Chief Growth Officer. About M9 Solutions, LLC (M9): M9 is a Small Business dedicated to enabling data innovations to the Federal Government by mobilizing the right people, skills, clearance levels, and technologies to help organizations who desire improved performance and modern, sustainable change. M9's investment in emerging and innovative technologies provides NTIS opportunities to address a wide range of mission operations across the federal landscape. M9 has invested in-house technologies and capabilities such as our Blockchain NFT Marketplace that connects government and commercial entities in new ways of working in the Web 3.0 metaverse. M9 has been supporting over 27 agencies digital transformation advancements since 2007 with our Data Science and Analytics, DevSecOps, Cloud, Cybersecurity, and AI/ML augmented assisted services to transform the landscape into The Digital Future™.

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