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GSN 2012 Awards announced: White House deputy of homeland security recognized for leadership at annual gala

GSN Awards 2012

Hundreds of the best of the homeland security community’s federal, state and municipal government officials, government contractors, systems integrators, IT vendors and physical security product and solutions providers all came together the night of November 29 in a ballroom of the Washington, D.C. convention center to receive accolades.

The GSN awards dinner, which has become a Washington tradition over the last four years, offered a chance for the excellence and civic-minded spirit of homeland security efforts nationwide to be recognized.

Not only were the best tools and technologies acknowledged , but the people and groups who use them, from local police departments in Florida and Washington state, to the White House, were honored at the event.

During the awards ceremonies, Richard Reed, Deputy Assistant to President Obama for Homeland Security, received the second annual Government Security News/Raytheon Award for Distinguished Leadership and Innovation in Public Safety and Security. Reed was chosen for tireless work in his key role in leading the development of national policy related to resilience, transborder security and community partnerships. He has been described as the president’s eyes and ears during disasters. In crises, such as the Gulf oil spill, H1N1 pandemic, and Haiti earthquake, Reed has sprung into action at the White House, coordinating information and gathering people to cope with these catastrophes.

Reed told Government Security News in an interview after the dinner that gatherings like GSN’s awards ceremony were invaluable in demonstrating that the hard work of creating a resilient, strong response to crises is performed by thousands of individuals, like those in attendance. Gatherings that bring the diverse emergency response and homeland security communities together can broaden perspectives and spur new ideas, he said.

Reed has been a determined, mostly behind-the-scenes, captain of federal emergency response efforts during the Bush and Obama administrations, helping prepare for, and respond to, some of the worst natural disasters the nation has known, from one of the deadliest tornado seasons in history in the Midwest, to historic wild fires in the west, and massive storms in the eastern U.S.

Reed said the key to capable response to such staggering events lies not only in federal hands, but in enabling state, local and even personal responses. Getting resources and training in place before disasters happen goes a long way in an effective response and recovery, he said. “The true first responders are friends, neighbors and co-workers” in the immediate aftermath of a disaster, said Reed. Local police, firefighters and other agencies arrive second, he said. Enabling people with information concerning what resources are available or where they can go for help or supplies empowers them, said Reed.

Government Security News managing partner Adrian Courtenay has made the GSN/Raytheon award an annual tradition. The prize is sponsored by the Raytheon Company, a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world, which is headquartered in Waltham, MA.

Notable 2012 government excellence award winners included the local police departments in Tampa and St. Petersburg, FL, for their ground-breaking work in preparing for the Republican National Convention in Tampa this past summer. The departments put together comprehensive plans to gently defuse potentially volatile political demonstrations at the event. Both departments were also praised for implementing an innovative interoperable communications network during the GOP convention.

The Lawrence Livermore National Laboratory was recognized for its groundbreaking work on a small radiation detector. The Naval Air Systems Command won an award for its work on the Kestrel Wide Area Persistent Surveillance program, which developed an aerostat for long-term surveillance capabilities to protect ground soldiers in Afghanistan.

The complete list of GSN’s 2012 Award winners appears below: 

CATEGORY 1 – VENDORS OF IT SECURITY PRODUCTS AND SOLUTIONS

 

Best Anti-Malware Solution

 

Invincea

 

Best Identity Management Platform

 

Alert Enterprise

 

Best Certificate Management Solution

 

Entrust

 

Best Compliance /Vulnerability Assessment Solution

 

Agiliance

 

Best Data Security/Loss Management Solution

 

WAVE Systems

 

Best Endpoint Security Solution

 

StillSecure

 

Best Forensic Software

 

Silvertail

 

Best Intelligence Data Fusion and Collaborative Analysis Solution

 

Lookingglass Cyber Solutions

 

Best Intrusion Detection/Prevention Solution

 

Intellidyne

Vanguard Integrity Professionals

 

Best Network Security/Enterprise Firewall

 

Black Lotus

 

Best Privileged Access Management Solution

 

Kikusema

Xceedium

 

Best Real-Time Dynamic Network Analysis

 

Fidelis Security

 

Best Continuous Monitoring Solution

 

ForeScout

Redseal

 

Best Security Incident/Event Management Solution (SIEM)

 

NetIQ

 

CATEGORY 2 – VENDORS OF PHYSICAL SECURITY PRODUCTS & SOLUTIONS

 

PHYSICAL SECURITY ACCESS CONTROL & INDENTIFICATION

 

Best Biometric Identification Solution

 

Fulcrum Biometrics

 

Best Integrated System for HSPD 12/FIPS 201 Compliance

 

Brivo

 

Best Platform for Physical and Logical Access

 

Alert Enterprise

 

COMMUNICATIONS

 

Best Interoperable First Responder Communications

 

Covia Labs

 

Best Mass Notification Systems

 

AtHoc

 

Best Regional or National Public Safety Communications Deployment

 

Desktop Alert

 

DETECTION PRODUCTS

 

Best Explosives Detection Solution

 

AS&E

 

Best Long Range Detection Systems

 

Vidisco

 

Best Nuclear/Radiation Detection

 

Lawrence Livermore National Laboratory

 

VIDEO SURVEILLANCE

 

Best Intelligent Video Surveillance Solution

 

Panasonic

 

Best Thermal/Night Vision/Infrared Cameras

 

HGH Infrared Systems

Vumii

 

Best Network IP Cameras

 

Axis Communications

 

Best Video Storage/Digital Transmission Systems

 

Panasonic

 

OTHER PRODUCTS

 

Best Perimeter Protection Solution

 

Senstar

 

Best Crash Barriers

 

Nasatka

 

Best Physical Security Information Management (PSIM) Solution

 

NICE Systems

 

SERVICES

 

Best Disaster Preparedness or Disaster Recovery & Clean-up Service

 

High-Rise Escape Systems

 

Best Facility Security/Force Protection Service

 

Whitestone Group

 

Best Homeland Security Training/Higher Education Solutions

 

Bellevue University

 

Category 3: Government Security News 2012 Government Excellence Awards

 

Most Notable Airport Security Award

 

Defense Manpower Agency

 

Most Notable Maritime/Port Security Program

 

Ohio Department of Public Safety/Northern Border Initiative

 

Most Notable Railroad/Mass Transit Security Program

 

Denver Regional Transportation Authority

 

Most Notable Critical Infrastructure Program, Project or Initiative

 

U.S. Veterans Administration Hospital, Tucson, AZ

 

Most Notable Cyber Security Program, Project or Initiative

 

U.S. Department of Energy

 

Most Notable Emergency Response Implementation

 

U.S. National Guard

Federal Emergency Management Agency (FEMA)

 

Most Notable Law Enforcement Interdiction, Arrest or Counter-Terrorism Program

 

Orange County Intelligence Assessment Fusion Center

 

Most Notable Municipal/County Programs, Projects or Initiatives

 

Seattle, Washington Police Department

Tampa and St. Petersburg, Florida Police Departments

 

Federal Government

 

Naval Air Systems Command (Kestrel Wide Area Persistent Surveillance)

GSN 2012 Homeland Security Awards program open for entries

The Government Security News 2012 Homeland Security Awards Program officially opened for entries on May 1, once again featuring 45 Awards in three broad Categories:Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions and the 2011 Government Excellence Awards.

Returning as corporate Sponsors of the 2012 Program are BRS Laboratories of Houston, TX -- a leading software development company for video behavioral recognition software that deploys easily and rapidly on large scale video networks and provides actionable information without inundating end users with false alarms -- and Entrust, Inc. , of Dallas, TX, which offers physical/logical access, mobile security, certificate management and other identity-based solutions to governments and large enterprises.  Additional sponsors will be announced, and profiles of all 2012 sponsors, will be published in coming weeks. Companies interested in joining the ranks of sponsors of the 2012 Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

The cost to submit an entry in the 2012 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies. Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

According Adrian Courtenay, managing partner of World Business Media, several new categories created in 2011 to acknowledge successful initiatives of federal, state or local agencies in responding to emergencies, countering terrorism and preventing crime will again be included in 2012. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local”; “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local”; and “Most Notable Counter Terrorism or Crime Prevention Program”.

In the 2011 contest, the Bastrop Country, TX, Unified Command (including county, state and federal government agencies) was awarded the trophy for “Most Notable Emergency Response Implementation” in battling 2011 Texas wildfires in Bastrop County. The United States Customs and Border Protection, Detroit Sector, was winner in the “Most Notable Law Enforcement Interdiction or Arrest” category for a dramatic arrest on St. Clair River in Detroit, and the Los Angeles Police Department was recognized for having the “Most Notable Law Enforcement Counter Terrorism or Crime Prevention Program.”

Another category that was new in 2011, “Most Notable Cyber Security Program or Technology – Government or Military”, will also be continued, in recognition of the emergence of Cyber Security as a vitally important component of overall security for any nation. The winner of this award in 2011 was the National Oceanic and Atmospheric Administration.

The 2012 Awards Program will once again culminate with a gala awards dinner in the fall, at a venue to be announced shortly. In the 2011 program, the “GSN/Raytheon Award for Distinguished Leadership and Innovation” was introduced and presented to Admiral Thad Allen (US Coast Guard-ret.), who came out of retirement twice in recent years to serve his country, first in heading up the federal response to Hurricanes Katrina and Rita, and later in managing the response to the Deepwater Horizon oil spill in the Gulf of Mexico.

In remarks for the 2011 Awards Dinner audience, Admiral Allen said the continuing work of technology companies and first responders was key in any disaster. He urged everyone to become a “lifelong rapid learner” to better cope with disasters, both man-made and natural. He also said “reconciling opportunity and competency” when disaster strikes is essential to any effective recovery, and being on top of the latest, most effective technology is a product of being a lifelong rapid learner. He also said clear communications is also a key to effective response and amplified his call for a nationwide interoperable first responder radio network. 

Photos of the 2010 awards reception and dinner are available at www.flickr.com/photos/[email protected]/, and video interviews with Admiral Allen, as well as sponsors and winners in the 2011 Awards program, are available at the GSN Video Center at www.gsnmagazine.com/videocenter.

Entry forms and other information about the 2012 Awards Program are available at www.gsnmagazine.com/hsa2012/welcome.

GSN 2011 Awards Program opens for entries on April 26

Government Security News has announced that its 2011 Homeland Security Awards Program  will officially open for business and start accepting entries in the program’s 45 awards categories on Tuesday, April 26.

The 2011 program contains a number of exciting new categories, reflecting the dynamically changing threat environment, in all three of the overall awards groupings: Best Vendors of IT Security Products and Solutions, Best Vendors of Physical Security Products and Solutions, and the 2011 Government Excellence Awards.

The cost for each entry in the 2011 program is $295 for vendors of IT security and physical security products and solutions. As in previous years, there is no cost for entries in the 10 categories of awards for federal, state and local government agencies.

Vendors of IT and physical security products and solutions may nominate themselves or be nominated by colleagues or government clients, while government agencies or departments may similarly nominate themselves or be nominated by other agencies, colleagues or vendors.

Adrian Courtenay, Managing Partner of GSN’s parent company, World Business Media, LLC, cited two intriguing new categories in the government sector that have been selected to acknowledge solid “boots on the ground” achievements of federal, state or local agencies in responding to emergencies, countering terrorism and stopping crime. These categories are “Most Notable Emergency Response Implementation – Federal, State or Local” and “Most Notable Law Enforcement Interdiction, Arrest or Counter Terrorism Program – Federal, State or Local.”

Acknowledging the increasing importance of cyber security and the threat of cyber war among nation-states, Courtenay also pointed out that the government awards in 2010 have been expanded to include a category titled, “Most Notable Cyber Security Program or Technology – Government or Military.”

Returning for its third year as a sponsor of the GSN Awards Program is founding sponsor ArcSight, now a business unit of Hewlett Packard Software and Solutions, whose enterprise threat and risk platform is an integrated product for collecting, analyzing and assessing security and risk information. ArcSight is also a repeat winner in the GSN awards program for its Security Incident Event Management (SIEM) products for collecting, analyzing and assessing security incident event information.

Also returning as event sponsors are General Dynamics C4, located in Phoenix, AZ, a major developer and integrator of secure communications and information systems and technology; and  Mutualink, another GSN award winner, which creates networks of interoperable communities that can instantly share radio, voice, text, video and data files, and telephone communications in a secure environment.

The fourth and final sponsor to date in the 2011 Awards Program is Behavioral Recognition Systems, Inc., of Houston, TX, also known as BRS Labs, whose software uses the fascinating, scientifically developed cognitive reasoning and artificial intelligence of behavioral analytics to leverage a stream of intelligence from millions of surveillance cameras worldwide, in order to provide alerts regarding abnormal or suspicious behavior.

Profiles of each of the 2011 sponsors will be posted on the GSN Web site in the coming weeks.

Additional companies or organizations interested in joining the ranks of 2011 sponsors of the GSN 2011 Homeland Security Awards Program should contact GSN Publisher and World Business Media President, Edward Tyler, at 212-344-0759, ext. 2001.

According to Courtenay, the 2011 Awards Program will culminate with the annual awards dinner in early November at a venue to be announced shortly. “It’s going to be hard to top last year’s elegant dinner and spectacular after-dinner keynote presentation by four-star General Barry McCaffrey (USA-Ret.). But we’re going to try!”

In 2010, the GSN awards were presented to a sold-out ballroom at the JW Marriott Hotel in Washington, DC, that included many distinguished government and military officials, academics, law enforcement and public safety professionals from across the country, along with the systems integrators, defense contractors and vendors of products and solutions used in homeland security.

Photos of the 2010 awards reception and dinner are available at:

www.flickr.com/photos/[email protected]/.

Further information and entry forms for the 2011 Awards Program are available at:

www.gsnmagazine.com/hsa2011/welcome.

T3 Motion

Gary Joubert, VP of Sales and Marketing, reports that T3 provides electric vehicles for law enforcement that are used in almost every police department in the U.S., as well as in government agencies around the world. Other markets for the made-in-the-USA T3 series include the military, general transport and the private security business. Recent improvements have been well received, and business is great!

Obama seeks three percent hike in discretionary budget at DHS

Despite official murmurings a few months ago that the fiscal year 2011 budget request for DHS might decline slightly, the budget package unveiled on February 1 actually shows a three percent increase in “discretionary spending” by DHS in 2011, versus the prior year, and modest growth, at approximately the predicted rate of inflation, in the outer years.

“The total fiscal year 2011 budget request for DHS, including fee funded and mandatory spending, is $56.3 billion, a two percent increase over the fiscal year 2010 enacted level,” said Peggy Sherry, the acting  chief financial officer at DHS, in a telephone conference call with journalists on February 1. “The department’s fiscal year 2011 net discretionary or appropriated funding request is $43.6 billion, an increase of three percent over the fiscal year 2010 enacted level.”

In releasing his overall budget request, President Obama proposed a freeze in government spending for a portion of the discretionary domestic spending plan for three years, but he specifically exempted homeland security expenditures from that freeze. “It won’t apply to our national security – including benefits for veterans,” said Obama in remarks he made in the White House on February 1.

Some observers speculated that the slight bump up in DHS spending may have resulted from the nationwide trauma caused by the failed Christmas Day underwear bombing attempt, and the urgent call for stronger screening measures at the country’s airports. However, a DHS official who participated on the conference call with journalists, but requested anonymity, would not attribute the budget increase to that terrorist attack.

“As part of the budget process, we examined different scenarios and options,” explained the official. “Those are discussions that are internal to the Administration and what you see in the budget release today is the end product of all those budget deliberations.”

Among the thousands of individual line-items for specific programs and planned procurements are the following highlights:

Advanced imaging systems – The 2011 budget requests an additional $214.1 million to install about 500 extra advance imaging technology machines at airport checkpoints, above and beyond the 500 systems that had already been planned. These funds will place such whole body scanners in 75 percent of the country’s largest airports, said Sherry.

Explosive detection – Beyond body scanners, DHS will seek an additional $85 million to bolster international flight coverage by federal air marshals, an increase in $60 million for an additional 800 explosive trace detection machines and a $71 million bump up to pay for an additional 275 K-9 teams at airport check points.

Border Patrol – The new budget envisions a decrease of 180 personnel in the ranks of the Border Patrol, which will be achieved largely through attrition. A DHS official suggested that the overall operating effectiveness of the Border Patrol will not be affected by this decline in personnel slots because the Border Patrol has almost doubled in size during the past five years. “A lot of the agent workforce, the substantial portion of it, has only a couple of years experience,” said this DHS official. “As they become more seasoned and more mature in their jobs, their effectiveness will increase, and because we are not doing the extensive hiring of 2,000 to 3,000 new agents a year, we can afford to put less into training improvement.”

Cyber-security – By contrast, DHS is planning a substantial beef-up in its cyber-security efforts. The new budget seeks $379 million to develop the National Cyber Security Division, which will attempt to safeguard the dot.gov and dot.com domains, and limit the nation’s vulnerability to computer attacks. DHS wants to add another $5 million to the $5 million that was in last year’s budget for the National Cyber Security Center, which one DHS official characterized as “still in its infancy.” The budget envisions an increase in the Center’s staffing to 40 people and the enhancement of its expertise, so it can integrate with other cyber-centers throughout the federal government.

Terror trials – Contrary to media reports that a terror trial in Manhattan might require a billion dollars in security measures, the 2011 budget request for DHS includes only $200 million for such security measures, which would be available through the traditional urban area grant programs. “The department took a look at it and we think $200 million is really our best estimate of the costs,” said the DHS official.

Federal contracting – In what it calls “re-balancing the workforce,” DHS is planning to rely less on outside vendors and more on internally recruited and trained personnel, particularly in the areas of cyber-security --  where DHS is authorized to hire as many as 1,000 new cyber-specialists – and the intelligence work often referred to as “connecting the dots.” “In our analysis and operations activity, we have a major increase in the number of feds doing intelligence type work,” said Sherry.

Coast Guard – A DHS fact sheet issued by the Office of Management and Budget points out that the budget request includes $538 million for a fifth National Security Cutter and $240 million to produce four new Fast Response Cutters. Even so, the new budget seeks funds for 1,100 fewer active duty Coast Guard personnel. “We are looking to reorganize and restructure certain elements of the Coast Guard to create greater efficiency,” explained a DHS official, “and there are obviously tradeoffs made as part of that to ensure we could continue to recapitalize the Coast Guard.”

President Obama’s budget request was delivered to Capitol Hill and will now undergo months of scrutiny by lawmakers. Fiscal year 2011 begins officially on October 1, 2010.

Mercury Systems Receives $2.0M Order for Tactical EO/IR Subsystem

Enterprise Architecture Solution Designed to Meet the Needs of Multiple Defense Programs

 

ANDOVER, Mass. -- Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com) announced it has received an initial $2.0 million order for an Electro-Optic/Infra-Red (EO/IR) image processing subsystem from a major defense prime contractor. The subsystem is an enterprise architecture solution designed to apply to multiple programs and missions. The order was booked in the Company's fiscal 2018 second quarter and is expected to be shipped over the next several quarters.

The image processing subsystem with BuiltSECURE technology includes numerous modules for GPU-based image processing, I/O, system management, power, and interconnect pre-integrated with a backplane and chassis. The open system architecture uses an advanced cooling technology to allow the subsystem to operate in extreme conditions of temperature, altitude, and vibration while providing the highest level of floating point performance delivered in a tactical environment.

"Mercury worked closely with our customer as an extension of their engineering team," said Joe Plunkett, General Manager of Mercury's Sensor Processing group. "Together we designed an EO/IR solution that is scalable and tailorable for a variety of airborne platforms and mission profiles."

For more information on Mercury solutions for EO/IR applications, visit www.mrcy.com/EOIR or contact Mercury at (866) 627-6951 or [email protected].

Mercury Systems – Innovation That Matters

Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury's solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry's current and emerging technology needs. To learn more, visit www.mrcy.com.

Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to fiscal 2018 business performance and beyond and the Company's plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," "potential," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of any U.S. Federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government's interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2017. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Northrop Grumman is looking for participants to create and test swarm-based tactics through their test bed platform

BALTIMORE – The Defense Advanced Research Projects Agency (DARPA) selected Northrop Grumman Corporation (NYSE: NOC) as a Phase 1 Swarm Systems Integrator for the Agency’s OFFensive Swarm-Enabled Tactics (OFFSET) program. As part of the program, Northrop Grumman will launch its first open architecture test bed and is seeking participants to create and test their own swarm-based tactics on the platform. Northrop Grumman is teamed with Intelligent Automation, Inc. (IAI) and the Interactive Computing Experiences Research Cluster, directed by Dr. Joseph LaViola at the University of Central Florida.

 

As part of the DARPA OFFSET program, Northrop Grumman serves as a swarm systems integrator, tasked with designing, developing and deploying a swarm-system, open-based architecture for swarm technologies in both a game-based environment and physical test bed. The team has been tasked to produce tactics and technologies to test on the architecture and is responsible for engaging a wider development and user audience through rapid technology-development exercises known as “swarm sprints.”

Approximately every six months, DARPA plans to solicit proposals from potential “sprinters” in one of five thrust areas: swarm tactics, swarm autonomy, human-swarm teaming, virtual environment and physical test bed. Participants from academia, small business and large corporations are invited to join in these swarm sprints. Sprinters will work with the integration team to create and test their own novel swarm tactics within the test bed environment. The end of each sprint will coincide with live physical test experiments with DARPA, the systems integrator team and other sprinters.

To participate in Northrop Grumman’s swarm sprints, visit the Swarm Tactics Exchange Portal at http://www.swarmtex.com.

The goal of the OFFSET program is to provide small-unit infantry forces with small unmanned aircraft systems (UASs) or small unmanned ground systems (UGSs) in swarms of 250 or more robots that support diverse missions in complex urban environments. OFFSET seeks to advance the integration of modern swarm tactics and leverage emerging technologies in swarm autonomy and human-swarm teaming.

“Cognitive autonomy has the potential to transform all defense and security systems. OFFSET will explore a variety of applications in relevant mission scenarios,” said Vern Boyle, vice president, advanced technologies, Northrop Grumman Mission Systems. “We are applying cutting-edge technologies in robotics, robot autonomy, machine learning and swarm control to ultimately enhance our contributions to the warfighter.”

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.

Lockheed Martin Announces Orlando Expansion, Hiring Plans

ORLANDO, Fla., Feb. 14, 2018 -- Lockheed Martin (NYSE: LMT) today broke ground on a new, $50 million, 255,000 square foot office facility and announced plans to hire about 1,800 people over the next two years, of which about 500 will be based in Orlando.

Florida
Governor Rick Scott said, "I am proud to announce Lockheed Martin is continuing to invest in Florida by creating 500 new jobs as part of their expansion in Orlando. Lockheed Martin is already a major job creator for our state, and our commitment to cutting taxes and making Florida business-friendly is making it easier for this global business to continue to create thousands of opportunities for Florida families."

Orange County Mayor Teresa Jacobs said, "Today's announcement tells the world that we have a skilled workforce and an economic climate in which high-tech manufacturing and development can succeed. And it tells our local community that we're building an economy with depth, diversification and opportunity."

"With this expansion, Lockheed Martin is further solidifying its already robust presence in Florida and supporting our business growth," said Frank St. John, Lockheed Martin Missiles and Fire Control (MFC) executive vice president. "The Research & Development II building underscores our customer commitments to provide the most modern facilities for our talented workforce to produce critical capabilities for the U.S. and allies for years to come."

Employees working in the new building will support engineering, program management and research and development activities for MFC, which primarily designs, manufactures and supports advanced combat, missile, rocket, manned and unmanned systems for customers including the U.S. Department of Defense, NASA and allied nations.

Employees at Lockheed Martin's MFC site in Orlando lead the aerospace and defense industry in their experience with technologies related to electro-optics, millimeter wave radar, image and signal processing, advanced materials, electronic packaging and large-system integration.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

 

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

Fortem Technologies, Inc., Announces DroneHunter: First Fully Autonomous Counter UAS Solution Using AI-Enabled Radar Technology

SALT LAKE CITY, Feb. 15, 2018 -- Fortem Technologies, Inc., announced today the release of DroneHunter™, the first military-tested unmanned aircraft that provides perimeter intrusion detection and protection by autonomously patrolling an airspace and towing away any rogue drones from the sky. Using AI algorithms, the DroneHunter system provides detection, monitoring and capture of rogue drones over restricted airspace or no-fly zones. Once a rogue drone is detected and captured, DroneHunter can tether and return, or safely discard to a predefined safe zone.

"Drones are accessible to everyone now and are beginning to proliferate to enable many new services," said CEO of Fortem Technologies, Timothy Bean. "However, to fully embrace these  benefits, we must monitor the airspace and secure no-fly zones. Fortem's safe, low-cost detection and mitigation systems like DroneHunter are game-changing, enabling the benefits of a drone world to be realized."

Equipped with Fortem TrueView radar, DroneHunter includes an autonomous guidance system and an open command and control platform to detect, identify and tow away hostile drones within a secured geo-fenced perimeter. DroneHunter notifies authorized personnel of potential aerial threats in real time. The command center ground station provides monitoring and manual intervention override options to meet situational requirements.

The Fortem DroneHunter Platform
DroneHunter is an unmanned aerial vehicle (UAV) that operates autonomously and provides an onboard autopilot and navigation system, and optional 4K camera for real-time video. DroneHunter operates on multiple UAV platforms. The most popular models are light (under 16 lbs.), compact and easy to transport.

The Fortem Netgun effectively captures its target and can be configured for single or multiple shots. For higher speed targets, the Fortem Drape Net autonomously blocks fast-moving drones before they reach restricted areas or no fly zones.

Fortem TrueView Radar
Fortem TrueView Radar is at the heart of DroneHunter, and provides advanced detection, classification and monitoring, day and night and in all ground and weather conditions including smoke, clouds, fog and smog.

The DroneHunter system is available today for defense and federal government customers.

About Fortem Technologies
Fortem Technologies is an innovator in AI-enabled airspace security and safety. Fortem delivers military-tested, commercially available solutions that alert, identify and classify drones and other unmanned aircraft vehicles (UAVs) in real time. Based in Salt Lake City, UT, the company is privately held and backed by Signia Venture Partners and Data Collective. More at www.fortemtech.com

Media Contact:
Jen Colton
[email protected]
415-420-5516

 

SOURCE Fortem Technologies, Inc.

Related Links

http://www.fortemtech.com

General Dynamics to Acquire CSRA for $9.6 Billion

FALLS CHURCH, Va., Feb. 12, 2018 -- General Dynamics (NYSE: GD) and CSRA (NYSE: CSRA) today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash. The transaction is valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt.

"The acquisition of CSRA represents a significant strategic step in expanding the capabilities and customer base of GDIT," said Phebe Novakovic, chairman and chief executive officer of General Dynamics. "CSRA's management team has created an outstanding provider of innovative, next-generation IT solutions with industry-leading margins. We see substantial opportunities to provide cost-effective IT solutions and services to the Department of Defense, the intelligence community and federal civilian agencies. The combination enables GDIT to grow revenue and profits at an accelerated rate. It will allow us to deliver even more innovative, leading-edge solutions to our customers."

- Combination creates the premier provider of high-tech IT solutions to Government Technology Services market

- With approximately $9.9 billion in revenue and strong double-digit EBITDA margins, the combined GDIT and CSRA is well-positioned to serve its customers' current and evolving mission requirements

- Expected to generate run-rate pre-tax cost synergies of approximately 2% of combined sales by 2020

- Accretive to earnings and free cash flow per share in 2019

- Robust cash flow allows for rapid deleveraging and maintaining capital deployment flexibility

 

Larry Prior, chief executive officer and president of CSRA, said, "Our combination with General Dynamics represents an excellent outcome for CSRA's stockholders, employees and customers. It builds on strong shared values, culture and a passion for serving our customers' missions. We believe that this combination creates a clear, differentiated leader in the Federal IT sector, with a full spectrum of enterprise IT capabilities, including unique depth in Next-Gen offerings in conjunction with our commercial IT alliance partners."

Novakovic continued, "I am very pleased to welcome CSRA's talented leadership team and employees. This combination brings together two industry leaders with highly complementary capabilities to create a strong business with approximately $9.9 billion in revenue and double-digit EBITDA margins in the consolidating Government Technology Services sector."

General Dynamics expects the transaction to be accretive to GAAP earnings per share and to free cash flow per share in 2019, and expects to generate estimated annual pre-tax cost savings of approximately 2 percent of the combined company's revenue by 2020. We are committed to maintaining our strong credit ratings and using our robust cash flow for reduction of debt from the transaction, continuation of our dividend policy and the flexible deployment of capital, including ongoing investment in the business.

Transaction Terms and Financing
Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies, a subsidiary of General Dynamics will commence a cash tender offer to purchase all of the outstanding shares of CSRA common stock for $40.75 per share in cash. The tender offer is subject to customary conditions, including antitrust clearance and the tender of a majority of the outstanding shares of CSRA common stock. Following successful completion of the tender offer, General Dynamics would acquire all remaining shares not tendered in the offer through a merger at the same price as in the tender offer. General Dynamics expects to complete the acquisition in the first half of 2018.

We anticipate financing the transaction through a combination of available cash and new debt financing. Upon completion of the transaction, General Dynamics anticipates retaining strong credit ratings with net debt of approximately $10.5 billion.

Advisors
Stone Key Group, LLC served as exclusive financial advisor to General Dynamics and Jenner & Block LLP served as legal counsel. Evercore and Macquarie Capital served as financial advisors to CSRA and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

Conference Call
General Dynamics and CSRA executives will discuss the transaction in a webcast on Monday, February 12, beginning at 8:30 a.m. EST. The live webcast of the conference call will be available on the General Dynamics website, www.generaldynamics.com, and the CSRA website, www.CSRA.com.

About General Dynamics
Headquartered in Falls Church, Virginia, General Dynamics (NYSE: GD) is a global aerospace and defense company that offers a broad portfolio of products and services business aviation; combat vehicles, weapon systems and munitions; C4ISR and IT solutions; and shipbuilding. The company's 2017 revenue was
$31 billion. More information is available at www.generaldynamics.com.

About CSRA
CSRA (NYSE: CSRA) is a leading government IT business providing next-generation technology solutions to federal customers. CSRA's solutions are organized into six service areas: cyber; data and analytics; digital platforms; digital services; enterprise business services; and intelligent business process services. The company's FY2017 (March) revenue was $5 billion. To learn more about CSRA, visit www.CSRA.com.

Notice to Investors
The tender offer described in this press release has not yet commenced. This press release is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of CSRA stock. At the time the tender offer is commenced, Red Hawk Enterprises Corp., a wholly-owned subsidiary of General Dynamics ("Merger Sub"), will file a tender offer statement and related exhibits with the U.S. Securities and Exchange Commission (the "SEC") and CSRA will file a solicitation/recommendation statement with respect to the tender offer. Investors and stockholders of CSRA are strongly advised to read the tender offer statement (including the related exhibits) and the solicitation/recommendation statement, as they may be amended from time to time, when they become available, because they will contain important information that stockholders should consider before making any decision regarding tendering their shares. The tender offer statement (including the related exhibits) and the solicitation/recommendation statement will be available at no charge on the SEC's website at www.sec.gov. In addition, the tender offer statement and other documents that Merger Sub files with the SEC will be made available to all stockholders of CSRA free of charge at www.generaldynamics.com. The solicitation/recommendation statement and the other documents filed by CSRA with the SEC will be made available to all stockholders of CSRA free of charge at www.CSRA.com.

Additional Information about the Merger and Where to Find It
In connection with the potential one-step merger of Merger Sub. with and into CSRA without the prior consummation of the Offer (the "One Step Merger"), CSRA will file a proxy statement with the SEC. Additionally, CSRA will file other relevant materials with the SEC in connection with the proposed acquisition of CSRA by General Dynamics and Merger Sub. pursuant to the terms of the Merger Agreement. Investors and stockholders of CSRA are strongly advised to read the proxy statement and the other relevant materials, as they may be amended from time to time, when they become available, because they will contain important information about the One Step Merger and the parties to the One Step Merger, before making any voting or investment decision with respect to the One Step Merger. The proxy statement will be available at no charge on the SEC's web site at www.sec.gov. The proxy statement and other documents filed by CSRA with the SEC will be made available to all stockholders of CSRA free of charge at www.CSRA.com.

CSRA and its directors and officers may be deemed to be participants in the solicitation of proxies from CSRA's stockholders with respect to the One Step Merger. Information about CSRA's directors and executive officers and their ownership of CSRA's common stock is set forth in the proxy statement for CSRA's 2017 Annual Meeting of Stockholders, which was filed with the SEC on June 27, 2017. CSRA stockholders may obtain additional information regarding the interests of CSRA and its directors and executive officers in the Merger, which may be different than those of CSRA stockholders generally, by reading the proxy statement and other relevant documents regarding the One Step Merger, when filed with the SEC.

Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include, among other things, statements about the potential benefits of the proposed transaction; the prospective performance and outlook of the combined company's business, performance and opportunities, including the ability to deliver more innovative, leading-edge solutions; the ability of the parties to complete the proposed transaction and the expected timing of completion of the proposed transaction; as well as any assumptions underlying any of the foregoing. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. The following are some of the factors that could cause actual future results to differ materially from those expressed in any forward-looking statements: (i) uncertainties as to the timing of the tender offer and the merger; (ii) the risk that the proposed transaction may not be completed in a timely manner or at all; (iii) uncertainties as to the percentage of CSRA's stockholders tendering their shares in the tender offer; (iv) the possibility that competing offers or acquisition proposals for CSRA will be made; (v) the possibility that any or all of the various conditions to the consummation of the tender offer or the merger may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals); (vi) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement; (vii) the risk that stockholder litigation in connection with the proposed transaction may result in significant costs of defense, indemnification and liability; and (viii) other factors as set forth from time to time in General Dynamics and CSRA's filings with the SEC, including their respective Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, as well as the tender offer statement, solicitation/recommendation statement and other tender offer documents that will be filed by General Dynamics, Merger Sub and CSRA. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

All forward-looking statements speak only as of the date they were made. General Dynamics, CSRA and Merger Sub do not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

SOURCE General Dynamics

Related Links

http://www.generaldynamics.com

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