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Government Charges 32 Defendants In Hacking And Securities Fraud Scheme

Friday, August 14th, 2015

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The Securities and Exchange Commission (SEC) and Justice Department announced concurrent complaints and indictments on Aug. 11 against defendants in an international scheme to hack into business newswires and steal nonpublic information used to make millions in illegal profits.U.S. Securities Exchange Commission (SEC) Chair Mary Jo White announced the charges alongside federal criminal charges announced by U.S. Attorney Paul Fishman, District of New Jersey, and Acting U.S. Attorney Kelly Currie, Eastern District of New York. Other attendees of the announcement…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]