Trump: U.S. will respond with 'great force' if Iran attacks interests

President Donald Trump warned on Monday Iran would be met with “great force” if it attacked U.S. interests in the Middle East, and government sources said Washington strongly suspects Shi’ite militias with ties to Tehran were behind a rocket attack in Baghdad’s Green Zone. “I think Iran would be making a very big mistake if they did anything,” Trump told reporters as he left the White House on Monday evening for an event in Pennsylvania. “If they do something, it will be met with great force but we have no indication that they will.” His comments came as two U.S. government sources said the United States strongly suspects Shi’ite militias with ties to, and possibly encouragement from, Iran fired a rocket on Sunday into Baghdad’s heavily fortified Green Zone.

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Infrastructure

Verizon delivers 5G to U.S. Army Garrison Hawaii via “Dragon Tower”

GlobeNewswire | January 08, 2024

Verizon today announced it is providing 5G coverage to the U.S. Army Garrison Hawaii’s Helemano Military Reservation (HMR) via a newly constructed cell tower, nicknamed the “Dragon Tower,” as part of a $1 million project. Military families, personnel and visitors at HMR will experience improved wireless coverage and enhanced network services. “The main purpose of our partnership with Helemano is to improve quality of life for base personnel,” said Marta Lacroix, associate vice president of network engineering. “The strength of the Verizon network will help ensure that those serving our country have continuous access to emergency services and can readily connect with their loved ones.” Located approximately five miles north of the town of Wahiawa, HMR offers military housing for approximately 2,000 service members and families stationed at Schofield Barracks and Wheeler Army Airfield. HMR is a remote location that has historically struggled with connectivity. The new cell tower and accompanying 5G coverage aims to redress that precedent. "As professionals in the field of communication, we understand the significance of this cell phone tower in our close-knit community,” said 307th Expeditionary Signal Battalion – Enhanced Commander Lt. Col. Izabella Lundy. “This infrastructure will provide our soldiers and their families with reliable access to emergency services, facilitate communication with loved ones, and support the seamless conduct of daily business.” The tower is located on the grounds of the Army and Air Force Exchange Service’s (Exchange) HMR Express store in the center of the reservation and is nicknamed “Dragon” for the 307th ESB-E, which is headquartered on HMR. The military community and Exchange celebrated the milestone with a ceremony attended by Brig. Gen. Kevin Meisler, 311th Signal Command (Theater) commanding general; Command Chief Warrant Officer Robert Christian, 311th Signal Command (Theater); Command Sgt. Maj. Jonathan DeHart, 311th Signal Command (Theater); Col. Andrew Brokhoff, 516th Signal Brigade commander; Command Sgt. Maj. Dominique Davis, 516th Signal Brigade; Lt. Col. Izabella Lundy, 307th ESB-E commander; Chief Warrant Officer 2 Nathaniel Floyd, Jr., 307th ESB-E data operations warrant officer; and Command Sgt. Maj. Mahoma Tello, 307th ESB-E. Joining from the Exchange were Col. Jason Beck, Pacific Region commander; Sgt. Maj. Generose Green, Pacific Region senior enlisted advisor; Michael Ryan, Hawaii Consolidated general manager; and William Earls, connectivity telecom program specialist. The Dragon tower is one of 13 new or in-progress cell towers from the Exchange to bring expanded connectivity and reliability to military communities throughout USAG Hawaii.

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Government Business

Chertoff Capital advises Illuminate Operations, Inc. on the sale of its subsidiary, Cyberspace Solutions, LLC

GlobeNewswire | January 09, 2024

On Monday January 8th, Godspeed Capital Management LP (“Godspeed”), a lower middle market Defense & Government services, solutions, and technology-focused private equity firm, announced the acquisition of Cyberspace Solutions, LLC (“CSS” or “the Company”), a provider of all-source intelligence gathering, analysis, and systems development solutions for national security missions, by its intelligence, AI/ML, and Data Analytics platform, Crimson Phoenix. CSS was formerly owned by Illuminate Operations, Inc. Chertoff Capital, LLC, the investment banking subsidiary of The Chertoff Group, served as the exclusive investment banking advisor to Illuminate Operations, Inc. TRANSACTION DETAILS CSS is a provider of all-source intelligence gathering, analysis, and systems development solutions, including data and analytical support services for the Intelligence Community and U.S. Special Operations Command. CSS combines decades of intelligence expertise to deliver actionable insights that enable its national security customers to make fast and informed decisions. The Company now joins with Crimson Phoenix to support its intelligence strategy and national security objectives. Jason Kaufman, Chertoff Capital president said, “CSS is a trusted provider of all-source intelligence data and analytical support services for national security missions. The acquisition of CSS by Crimson Phoenix not only optimizes portfolio value for our client but also propels the Company towards a future marked by innovation and market leadership. We are pleased to have served as the trusted advisor to Illuminate and look forward to Crimson Phoenix’s future success.” Ryan Hoffman, Chertoff Capital principal said, “CSS aligns perfectly with Crimson Phoenix’s national security objectives. It brings a talented workforce and coveted customer relationships to the platform. This transaction reflects our dedication to delivering strategic value for mission-oriented companies. We are thrilled to have advised Illuminate on the sale and are excited for Crimson Phoenix’s promising future.” Tameika Hollis, CEO of Illuminate Operations, Inc., said, “Chertoff Capital provided excellent advice throughout the entire transaction process. They were instrumental in crafting a clear description of the value proposition of the business being divested, identifying the relevant set of potential suitors, soliciting interest, shepherding the process of selecting the acquirer, navigating the challenges of bringing the transaction to a successful conclusion, and ultimately finding a great new home for the business. We appreciate their hard work and wise insights.” About Chertoff Capital Chertoff Capital is the investment banking subsidiary of The Chertoff Group, a specialized advisory firm that helps organizations achieve their business and security objectives in a complex risk environment. As an industry leading investment bank serving high growth, mission-focused companies in the defense technology, government services and cybersecurity markets, Chertoff Capital provides clients with a highly differentiated advisory offering that brings together transaction expertise and unparalleled business strategy insights. Chertoff Capital professionals have advised on well over 100 transactions over the last 20 years. Chertoff Capital is an SEC registered broker dealer and a member of FINRA. About Cyberspace Solutions Cyberspace Solutions, LLC, is a leading provider of all-source intelligence, gathering, analysis, and systems development solutions for Intelligence Community, Defense, and Law Enforcement customers. CSS customizes solutions and provide actionable intelligence for targeting and other vital mission priorities. About Crimson Phoenix Crimson Phoenix is a leading digital, data, and intelligence analysis and solutions platform designed to support the critical mission requirements of the U.S. Intelligence Community and U.S. Special Operations Command. Headquartered in the DC/Virginia area, Crimson Phoenix offers a differentiated suite of mission-critical capabilities and solutions in artificial intelligence & machine learning, cybersecurity, digital and data enablement, software development, and intelligence targeting and analysis. About Godspeed Capital Management Godspeed Capital is a lower middle-market defense & government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations.

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Government Business

Permuta Launches SaaS Version of DefenseReady on Microsoft Azure Government DoD Cloud

PR Newswire | January 19, 2024

Permuta, a leading HR modernization and talent management software platform for Federal organizational readiness and operational excellence, announced today the release of its first ever SaaS product for DefenseReady with AI and Machine Learning capabilities, called DefenseReady Cloud. The release comes after a decade of on-premise DefenseReady applications and two years after the release of a DoD ATO cloud-hosted IaaS option on IL5. "DefenseReady Cloud provides DoD and approved civilian organizations the low code/no code SaaS/AI solution that ingests existing data sources, regardless of location, to provide a single pane of glass that informs leaders to make readiness decisions which will help our forces be stronger, safer, and our country more competitive," said Sig Behrens, Permuta's CEO. "Our mission has always been to assist in putting the right people, in the right place, at the right time," said Behrens. "And now leadership can have the highest level of confidence on the DISA's approved Microsoft DoD tenant while saving operational costs." "Microsoft is committed to helping the DoD use innovative technologies to meet their critical mission needs and working with key partners like Permuta enables us to innovate and scale solutions for our national security leaders," says Wes Anderson, Vice President for Defense, Microsoft. "This collaboration with Permuta on the DefenseReady cloud will enable Department of Defense leaders to make fully informed operational and readiness decisions with speed." About Permuta Permuta Technologies Inc., is a privately owned software manufacturer which creates off-the-shelf software which has been tailored for military and civilian organizations. With deep experience in the government, Permuta understands the challenges agencies face to protect and meet mission-critical initiatives. As a trusted leader in delivering solutions built and designed for government, Permuta is committed to increasing effectiveness and readiness so agencies can confidently execute their mission. Their products, built on Microsoft technology are the only solutions in the market that cover all federal readiness management needs in one system, including force readiness, training, performance and asset management, medical readiness, mission planning and more.

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