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Business/Financial

Thales Acquires Vormetric Cyber Firm

Thursday, October 22nd, 2015

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Thales signed an agreement to acquire Vormetric, a provider of data protection solutions in physical, virtual, and cloud infrastructures, for $400 million, the company said Monday.The acquisition is subject to routine closing conditions and is expected to fully close in the first quarter of 2016.Vormetric is headquartered in San Jose, Calif., with a workforce of 200 employees. The company helps over 1,700 enterprises protect sensitive data from internal and external threats. One of its signature products is the Vormetric Data…

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

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Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]