:

Business/Financial

ManTech Divests Small Commercial Cyber Products Business, Takes Stake In Acquiring Firm

By Cal Biesecker

Wednesday, July 15th, 2015

SHARE:

ManTech Divests Small Commercial Cyber Products Business, Takes Stake In Acquiring Firm

ManTech International [MANT] on Wednesday said it has sold its commercial cyber security product business to CounterTack, which provides endpoint detection and response (EDR) capabilities, but is keeping a foothold in the business by taking a minority share in CounterTack.Terms of the deal were not disclosed, but the ManTech Cyber Solutions International (MCSI) products business that ManTech divested only had about $5 million in annual sales and 40 employees.For ManTech, the divestiture allows it to focus on its core strength…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]