North Korea says Bolton's missile comments 'more than ignorant' - KCNA

Reuters | May 27, 2019

U.S. National Security Adviser John Bolton is “more than ignorant” to argue that North Korea’s recent missile tests violated U.N. resolutions, the North’s foreign ministry said in a statement on Monday. Giving up missile tests would mean giving up the right to self defence, a North Korean foreign ministry spokesman was quoted as saying in a statement issued by the state KCNA news agency. The unidentified spokesman singled out Bolton, who last week said the recent tests “no doubt” violated U.N. Security Council resolutions. “His claim is indeed much more than ignorant,” the spokesman said. “Our military drill neither targeted anyone nor endangered the surrounding countries, but Bolton makes dogged claims that it constitutes a violation of the ‘resolutions’, impudently poking his nose into other’s internal matters.” Bolton, a regular target of North Korean criticism, is more of a “security-destroying adviser” than a security adviser, the spokesman added. “It is not at all strange that perverse words always come out from the mouth of a structurally defective guy,” the spokesman said.

Spotlight

With the Federal Government IT budget continuing to hover below $80 billion, this February, the president requested a 1.8 percent increase over the $78.3 billion agencies estimate they'll spend this fiscal year approximately a 10% percent increase over fiscal 2014 spending. At the same time the president released his budget request, partisan groups, legislators and government watchdogs criticized the overall spending on IT and value obtained from this spending compared to private industries.


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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

Homeland Security Technology Consortium Names Candidates For $25,000 In Prizes

Homeland Security Technology Consortium | August 12, 2022

The Homeland Security Technology Consortium (HSTech), Advanced Technology International (ATI), and TechConnect today announced 17 finalists in the Security Innovation Challenge. These candidates will vie for $25,000 in prizes on September 29, 2022 when they pitch cutting-edge identity management technology before a room of corporate buyers, funders, and federal agencies in Washington, D.C. at Defense TechConnect Innovation Summit. Finalists also receive membership to HSTech, which supports the Department of Homeland Security in providing collaborative R&D and rapid prototyping capabilities critical to homeland security missions. "If you're capable and interested in making security and privacy-centric contributions for the betterment of the nation, there are no funding vehicles more powerful than HSTech's consortium-managed other transaction authority, The Security Innovation Challenge will bring together finalists which are 85% non-traditional, meaning they are new to government contracting. These are technology solutions our nation might never have found without HSTech engagement, and we're honored to help build that bridge between private-sector and government needs." -Matthew Laudon, Vice President - TechConnect Division, ATI. Challenge applicants represent privacy-centric solutions for both civilian and federal applications, especially in the areas of artificial intelligence (AI) and machine learning (ML); cybersecurity platforms; data harmonization software; pattern recognition software; and real-time analytics platforms. Primarily more advanced technologies, 65% represent technology readiness level six (6) or higher; and 85% boast at least prototype development. "The Homeland Security Technology Consortium supports the security of our nation by addressing mission needs at the Department of Homeland Security and its partner agencies. Privacy-centric identity management technologies and processes remain critical capabilities across the federal enterprise, and we're excited to see what this group of innovators can show us in September." -Michael Dougherty, Executive Director of HSTech. About Homeland Security Technology Consortium: The Homeland Security Technology Consortium (HSTech) supports the collaborative R&D and rapid prototyping/piloting needs for the U.S. Department of Homeland Security and its components. HSTech sources capabilities across the homeland security and national border security technology spectrum. About TechConnect: With 25+ years of experience connecting emerging technologies with unique funding and partnership opportunities, TechConnect boasts the most robust research and innovation network in the world. It employs a broad scope of tools to deliver top technologies, including open innovation programs, conferences, and open-access publications. Each year, TechConnect prospects, vets, and connects thousands of emerging technologies with corporate, investment, municipal, and national defense clients. TechConnect is a division of Advanced Technology International. About Advanced Technology International: ATI, a public-service nonprofit based in Summerville, S.C., builds and manages collaborations that conduct research and development of new technologies to solve our nation's most pressing challenges. Fueled by a community of experts from industry, academia, and government, ATI accelerates impact by using the power of collaboration to help the federal government quickly acquire novel technologies. ATI is a subsidiary of Analytic Services, Inc. (ANSER), a public-service research institute organized as a nonprofit corporation, which is dedicated to informing decisions that shape the nation's future.

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GOVERNMENT FINANCE

Federal Home Loan Bank of Chicago and Ginnie Mae reach $3 Billion Milestone in MPF Government MBS

Federal Home Loan Bank of Chicago | June 30, 2022

The Federal Home Loan Bank of Chicago (FHLBank Chicago) and the Government National Mortgage Association (Ginnie Mae) announced that total issuance under the Mortgage Partnership Finance® Program (MPF®) recently surpassed $3 billion in mortgage-backed securities (MBS). The MPF Government MBS product resulted from a partnership forged by FHLBank Chicago and Ginnie Mae to issue securities guaranteed by Ginnie Mae and backed by mortgages originated by Federal Home Loan Bank member financial institutions. The MPF Government MBS product provides mortgage lenders, particularly smaller institutions, direct access to the secondary mortgage market and more mortgage loan solution options for their valued customers. Ginnie Mae developed the first mortgage-backed security in 1970, by pooling loans into a security sold in the secondary market. The MPF Program is an important partnership for making the Ginnie Mae MBS system accessible to small community banks and lender partners, and this $3 billion milestone demonstrates its value in the marketplace. This program advances our mission and commitment to ensure liquidity for government mortgage products and create more equitable and affordable homeownership opportunities for households across the country." Alanna McCargo,Ginnie Mae President Federal Home Loan Banks across the nation offer the MPF Government MBS product to their members. "As the MPF Program celebrates 25 years of helping community lenders nationwide, achieving this milestone with Ginnie Mae is another testament to our continued strong partnership," said John Stocchetti, Executive Vice President of the MPF Program. "Our business model provides community lenders access to the secondary market, and our relationship with these lenders gives their communities access to affordable mortgage products." The MPF Program's partnership with Ginnie Mae began in 2014 and continues to provide lenders a channel to the MBS marketplace. About the MPF Program The MPF Program allows eligible Federal Home Loan Bank members to sell conventional conforming and government loans to their Federal Home Loan Bank or other investors. To learn more visit fhlbmpf.com. "Mortgage Partnership Finance" and "MPF" are registered trademarks of the Federal Home Loan Bank of Chicago. About Ginnie Mae Ginnie Mae is a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development's Office of Public and Indian Housing and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States government.

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EMERGING TECHNOLOGY

Ventech Solutions Achieves AWS Government Competency Status

Ventech Solutions | September 02, 2022

Ventech Solutions, Inc. achieved Amazon Web Services (AWS) Government Competency status. The designation recognizes Ventech Solutions provides solutions to—and/or has deep experience working with—government customers to deliver mission-critical workloads and applications on AWS. "The AWS Government Competency is a valuable achievement that demonstrates Ventech Solutions' experience in providing innovative and quality solutions to federal agencies, This designation is a differentiator that assures agencies that Ventech Solutions is capable of helping them meet mandates, reduce costs, drive efficiencies and increase innovation across civilian agencies, national defense and intelligence communities and state and local governments." -Audie Murphy, vice president, solutions engineering at Ventech Solutions. As one of about 100 companies in the United States that have obtained the AWS Government Competency, Ventech Solutions is positioned as a trusted solutions provider of cloud IT services for government and public sector agencies. To receive the designation, AWS Partner Network (APN) members must possess deep AWS expertise and deliver solutions seamlessly on AWS. AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise. Achieving the AWS Government Competency differentiates Ventech Solutions as an AWS Partner Network (APN) member that has developed innovative technology and solutions that leverage AWS services as well as possessing deep domain expertise in one or more of the following core categories - Government Transportation, Facilities, Infrastructure Management, Justice and Public Safety, Public Healthcare, Financial and Fiscal Affairs, Citizen Services, National Security and Defense, Security and Compliance, and Open Data. About Ventech Solutions: Ventech Solutions is a technology and health care solutions provider that leverages emerging technologies to deliver a wide range of enterprise services, including cloud modernization, infrastructure, data, security and service integration support. Ventech Solutions leads and manages some of the most critical technology transformation initiatives for the public sector that empower government agencies to achieve their missions.

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EMERGING TECHNOLOGY,GOVERNMENT FINANCE

DARPA Launches Crypto Project with Inca Digital

Inca Digital | September 26, 2022

The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital's government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: "Mapping the Impact of Digital Financial Assets". The aim of the SBIR is to understand and visualize how digital assets implicate national security. "Digital asset markets hold amazing promise, but also contend with money laundering, market manipulation, and state actors that may pose risks to U.S. national security, Given the increasing prevalence of digital assets, the Department of Defense and other federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally." -Adam Zarazinski, CEO of Inca Digital. As a result of this SBIR, Inca Digital Federal will develop a first-of-its-kind cryptocurrency ecosystem mapping tool for analyzing cross-market crypto-financial data and risk. The data analytics from Inca Digital will allow both the United States government and commercial companies to: Perform cross-market, crypto-financial mapping and analysis Understand relationships between digital asset firms and non-digital asset entities Identify how cryptocurrency may affect traditional financial systems and vice-versa Provide insight into the use of blockchain-based technologies linked to money laundering, terrorist financing, and sanctions evasions across systems (e.g., fiat-to-exchange, exchange-to-blockchain, and cross-blockchain transactions) Better understand money flows in and out of blockchain systems Identify where recipients of cryptocurrency can exchange it for local fiat currency, or goods and services, globally Understand how cryptocurrencies are used in different U.S. government/Department of Defense areas of responsibility This research is being developed by funding from the Defense Advanced Research Projects Agency (DARPA). The views, opinions and/or findings expressed are those of the author and should not be interpreted as representing the official views or policies of the Department of Defense or the U.S. Government. About Inca Digital: Inca Digital and its government contracting entity, Inca Digital Federal, analyze data across crypto markets, blockchains, and news and social media to deliver comprehensive intelligence to the financial institutions, technology firms and government entities that are shaping the digital asset space.

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Spotlight

With the Federal Government IT budget continuing to hover below $80 billion, this February, the president requested a 1.8 percent increase over the $78.3 billion agencies estimate they'll spend this fiscal year approximately a 10% percent increase over fiscal 2014 spending. At the same time the president released his budget request, partisan groups, legislators and government watchdogs criticized the overall spending on IT and value obtained from this spending compared to private industries.

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