Defense

Resilience Approved for $410M Financing from the Department of Defense, in Partnership with the Development Finance Corporation, to Establish Resilient Biomanufacturing Capacity

Retrieved on: 
Friday, March 24, 2023
Biotechnology, Retail, Health, Public Policy, Government, Supply Chain Management, Pharmaceutical, Defense, Stem Cells, Other Defense, Infectious Diseases, Contracts, General Health, Genetics, White House, Federal Government, Vaccine, GMP, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, United States Department of Defense, COVID-19, U.S. International Development Finance Corporation, Antibody, Messenger, Protein, DFC, Dicarboxylic acid, National Resilience Institute, Patient, Growth, Ecosystem, Pharmaceutical industry, Resilience

National Resilience, Inc. (Resilience), a technology-focused biomanufacturing company dedicated to broadening access to complex medicines, today announced that it has signed a finance agreement for $410 million in long-term loan financing from the U.S. Department of Defense (DoD), working with the U.S. International Development Finance Corporation (DFC).

Key Points: 
  • National Resilience, Inc. (Resilience), a technology-focused biomanufacturing company dedicated to broadening access to complex medicines, today announced that it has signed a finance agreement for $410 million in long-term loan financing from the U.S. Department of Defense (DoD), working with the U.S. International Development Finance Corporation (DFC).
  • The loan financing will support Resilience’s mission to establish significant domestic, end-to-end biomanufacturing capacity and capabilities for biologics (antibodies, proteins, multi-specifics), vaccines, and nucleic acids (including mRNA).
  • Part of the financing will support the implementation of innovative manufacturing platforms and technologies that aim to reduce cost, strengthen the domestic supply chain, and increase the speed of vaccine supply.
  • "The lack of growth and innovation in domestic biomanufacturing was one critical vulnerability that impacted preparedness during the COVID-19 pandemic.

CyberSecure Announces Strategic Alliance

Retrieved on: 
Friday, March 24, 2023
Growth, Entrepreneurship, Partnership, National Cybersecurity Center of Excellence, Lockdown, Dissociative identity disorder, Defense, Risk management, Telecommunications, Chemical substance

BETHESDA, Md., March 24, 2023 /PRNewswire/ -- Cybersecure IPS and LockDown Inc. jointly announce that they have entered a strategic alliance to combine their unique offerings to address the rapidly increasing threat to critical infrastructures around the world. This partnership couples the CyberSecure IPS Manhole Protection System with Lockdown's suite of security devices to strengthen the Defense in Depth (DiD) critical infrastructure security portfolio. This combination presents a series of defensive mechanisms which are layered in order to protect valuable data and information. In the unlikely event one mechanism fails, another is triggered immediately to thwart an attack. This multi-layered approach with intentional redundancies increases the security of a system as a whole and addresses many different attack vectors.

Key Points: 
  • BETHESDA, Md., March 24, 2023 /PRNewswire/ -- Cybersecure IPS and LockDown Inc. jointly announce that they have entered a strategic alliance to combine their unique offerings to address the rapidly increasing threat to critical infrastructures around the world.
  • This partnership couples the CyberSecure IPS Manhole Protection System with Lockdown's suite of security devices to strengthen the Defense in Depth (DiD) critical infrastructure security portfolio.
  • This combination presents a series of defensive mechanisms which are layered in order to protect valuable data and information.
  • We see this strategic alliance as a springboard to expand our addressable customer market building upon our long history within underground infrastructure and government installations.

SandboxAQ Welcomes Intelligence and Defense Leader Teresa Shea as Global Public Sector Advisor

Retrieved on: 
Friday, March 24, 2023
Bachelor of Science in Biomedical Engineering, Private sector, National Intelligence Distinguished Service Medal, Defense, Master of Science in Cyber Security, Shea, PALO, Intelligence, Georgia Institute of Technology Institute for Robotics and Intelligent Machines, Punjab Information Technology Board, Public sector, Organization, Defence Medal, United States Cyber Command, CODEX, Distinguished Civilian Service Awards Board, CIA, Johns Hopkins University, United States Intelligence Community, NSA, Global Public Health Intelligence Network, Principal, Salesforce, Signals intelligence, Arms industry, Management, Science

PALO ALTO, Calif., March 24, 2023 /PRNewswire-PRWeb/ -- SandboxAQ announced today that Teresa Shea, a recognized leader in the intelligence defense communities, has joined the company as a senior advisor to the Global Public Sector team. Teresa spent 32 years at the U.S. National Security Agency (NSA) where she rose to the position of Director of Signals Intelligence.

Key Points: 
  • PALO ALTO, Calif., March 24, 2023 /PRNewswire-PRWeb/ -- SandboxAQ announced today that Teresa Shea, a recognized leader in the intelligence defense communities, has joined the company as a senior advisor to the Global Public Sector team.
  • "As a senior advisor to SandboxAQ, I am passionate about dedicating my time and expertise to organizations that are securing our nation and our allies," Shea said.
  • With more than 38 years of public and private sector experience, Teresa was previously the Vice President of Cyber Offense and Defense Experts (CODEX) within Raytheon Intelligence and Space.
  • "Teresa is recognized within the defense and intelligence communities as a trusted, mission-focused, and creative leader," said Jen Sovada, Global Public Sector President at SandboxAQ.

SMART Modular Technologies Releases New PCIe NVMe Solid State Drives

Retrieved on: 
Friday, March 24, 2023
Data Management, Defense, Technology, Telecommunications, Other Defense, Hardware, NVM Express, Guzzo, Self-Monitoring, Analysis and Reporting Technology, M.2, NVME, PCI Express, Temperature, SSD, U.2, SATA, LDPC, Flash memory, III, Family, Solid-state drive, SMART, SGH, Video game, Computer data storage

(“SMART”), a division of SGH ( Nasdaq: SGH ) and a global leader in memory solutions, solid-state drives and hybrid storage products announces the introduction of its new T6CN family of PCIe NVMe SSD products which is part of the SMART RUGGED portfolio.

Key Points: 
  • (“SMART”), a division of SGH ( Nasdaq: SGH ) and a global leader in memory solutions, solid-state drives and hybrid storage products announces the introduction of its new T6CN family of PCIe NVMe SSD products which is part of the SMART RUGGED portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20230324005032/en/
    The T6CN family of SSDs from SMART Modular RUGGED offers a high performance, cost competitive solution for defense, industrial and telecommunications applications.
  • All of which provide compatibility with PCIe Gen 4.0 NVME technology, delivering faster read, write, data transfer and operating speeds compared to current SSD technology.
  • *The stylized “S” and “SMART” and “SMART Modular Technologies” are trademarks or registered trademarks of SMART Modular Technologies, Inc. All other trademarks and registered trademarks are the properties of their respective owners.

GovCIO Media & Research to Host Third Annual Women Tech Leaders Summit

Retrieved on: 
Friday, March 24, 2023
Breakfast, Data management, Justice, Defense, Human services, Rising Star, Health, Woman, Intelligence, Middle East Media Research Institute, Ministry of Digital Transformation, International Spy Museum, Government, Veterans' affairs, Ministry of Labour, Labour, United States Department of Health and Human Services, Management, Nursing, State, Homeland security

WASHINGTON, March 24, 2023 /PRNewswire/ -- GovCIO Media & Research , a leading federal technology multimedia company, is hosting their third annual Women Tech Leaders Summit .

Key Points: 
  • WASHINGTON, March 24, 2023 /PRNewswire/ -- GovCIO Media & Research , a leading federal technology multimedia company, is hosting their third annual Women Tech Leaders Summit .
  • "Research continues to show that women remain underrepresented in the tech industry.
  • These federal women tech leaders highlight the initiatives and projects they help lead as federal agencies build the modernized workforce that increasingly represent the public they serve."
  • Visit GovCIO Media & Research Women Tech Leaders Summit webpage to view the full event agenda and speaker line-up and register for this must-attend event.

SAIC Signs Definitive Agreement to Sell Its Logistics and Supply Chain Management Business to ASRC Federal for $350 Million

Retrieved on: 
Thursday, March 23, 2023
Transport, Logistics, Supply Chain Management, Cloud, Defense Logistics Agency, Application, Defense, Sale, SAIC, SHI International Corp, Arctic Slope Regional Corporation, Jefferies Group, System integration, Gibson Dunn, NYSE, ASRC, Science

Science Applications International Corp. (NYSE: SAIC ) announced today that it has signed a definitive agreement to sell its logistics and supply chain management business to ASRC Federal Holding Company, LLC (“ASRC Federal”), a subsidiary of Arctic Slope Regional Corporation, for $350 million in cash.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) announced today that it has signed a definitive agreement to sell its logistics and supply chain management business to ASRC Federal Holding Company, LLC (“ASRC Federal”), a subsidiary of Arctic Slope Regional Corporation, for $350 million in cash.
  • “Today’s announcement represents a milestone in SAIC’s priority to shape our portfolio and advance our strategy,” said Nazzic Keene, Chief Executive Officer at SAIC.
  • “The agreement allows for seamless transition and continued support for the logistics and supply chain management business and their important customer missions, while enabling SAIC to concentrate resources in our Growth & Technology Accelerant areas of focus.
  • Jefferies LLC served as the exclusive financial advisor and King & Spalding LLC served as legal counsel to SAIC.

Albany International Announces CFO Transition

Retrieved on: 
Thursday, March 23, 2023
Other Manufacturing, Other Defense, Air, Engineering, Transport, Aerospace, Manufacturing, Government Technology, Defense, AIN, Celebrity board director, Executive, University, Albany International, Business, Strategic planning, SHI International Corp, Kaman Corporation, CFO, Growth, Treasurer, NYSE, Management

Albany International Corp. (NYSE:AIN) announced today it has accepted the resignation of its Chief Financial Officer and Treasurer, Stephen Nolan, effective April 7, 2023.

Key Points: 
  • Albany International Corp. (NYSE:AIN) announced today it has accepted the resignation of its Chief Financial Officer and Treasurer, Stephen Nolan, effective April 7, 2023.
  • Bill Higgins, Albany’s President and Chief Executive Officer, stated, “On behalf of our Board of Directors and everyone at Albany International, I want to thank Stephen for his significant contributions and financial leadership over the last four years.
  • I am very happy for Stephen and the Albany team wishes him well in his next role.”
    “It has been an honor to serve as CFO of Albany International and to work with high performing teams across the Company,” said Mr. Nolan.
  • “I am very pleased to welcome Rob Starr as our new CFO and Treasurer to succeed Stephen,” Higgins continued.

ASRC Federal to Acquire Logistics and Supply Chain Management Arm of SAIC

Retrieved on: 
Thursday, March 23, 2023
Defense Logistics Agency, DLA, United States Air Force, United States Department of Defense, SAIC, Science Applications International Corporation, Acquisition, United States Department of the Army, Arctic Slope Regional Corporation, Growth, NYSE, ASRC, Department of Defence, Retail, United States Navy, Defense

RESTON, Va., March 23, 2023 /PRNewswire/ -- Today, ASRC Federal announced it has entered into a definitive agreement to acquire the logistics and supply chain management business of Science Applications International Corporation (NYSE: SAIC).

Key Points: 
  • RESTON, Va., March 23, 2023 /PRNewswire/ -- Today, ASRC Federal announced it has entered into a definitive agreement to acquire the logistics and supply chain management business of Science Applications International Corporation (NYSE: SAIC).
  • With this acquisition, ASRC Federal will become a leading provider of secure, technology-enabled supply chain management and logistics solutions for the Defense Logistics Agency (DLA) which provides services to Department of Defense (DoD) agencies, including the U.S. Army, U.S. Air Force and U.S. Navy on a global scale.
  • "This acquisition provides another channel for growth by further diversifying our robust set of capabilities," said ASRC Federal President and CEO Jennifer Felix.
  • Their work directly impacts the readiness of America's warfighters, and they will bring tremendous capability to both new and existing ASRC Federal customers."

MITRE System of Trust™ Debuts Community Group & Risk Management Tool to Enhance Supply Chain Security

Retrieved on: 
Thursday, March 23, 2023
Other Defense, Retail, Security, Data Management, Technology, Apps, Applications, Homeland Security, Supply Chain Management, Defense, Public Policy, Government, Artificial Intelligence, Transport, Software, Logistics, Networks, Internet, OT, Standard, Organization, Expert, Knowledge, Ethics, MITRE, Cryptocurrency, Risk management, Trust

MITRE debuted its System of Trust™ risk model manager and a community engagement group comprising 30 members .

Key Points: 
  • MITRE debuted its System of Trust™ risk model manager and a community engagement group comprising 30 members .
  • Expanding from its free and open platform, System of Trust now delivers a collaborative community to identify and mitigate threats to supply chains—before they happen.
  • Leveraging the expertise of researchers and organizations, the community will further develop the framework’s body of knowledge and enhance supply chain security.
  • “Identifying supply chain risks that come from supplies, suppliers, service providers, etc., is a complex challenge due to the complex nature of modern supply chains,” said Wen Masters, vice president, cyber technologies, MITRE.

Military Families Share Why Living on Base is Best

Retrieved on: 
Thursday, March 23, 2023
Defense, Military, Other Construction & Property, Other Defense, Construction & Property, Orthodontics, Permanent, Housing, Health, Army, Soldier, Pest control, Pharmacy, United States Department of Defense, Multimedia, ID, United States Army, School, Dentist, United States Department of the Army, Work, Chamblee, Georgia, Water, Region, Family, Library, Daniele Corvia

View the full release here: https://www.businesswire.com/news/home/20230323005202/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230323005202/en/
    This list from the US Army highlights the additional benefits provided to soldiers and their families when they live on base.
  • (Graphic: Business Wire)
    According to the U.S. Army , “Living on base offers more than housing.
  • Active-duty military families never have to provide a security deposit or go through a credit check, which saves hundreds of dollars.
  • By living on a military installation, residents are surrounded by neighbors who understand the demands and nuances of military life.