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Business/Financial

USIS Agrees to Forego At Least $30 Million Owed By OPM In Settlement

Friday, August 21st, 2015

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USIS Agrees to Forego At Least $30 Million Owed By OPM In Settlement

Background investigation firm U.S. Investigation Services Inc. (USIS) and its parent company, Altegrity Inc., agreed to a settlement with the Justice Department whereby the company forgoes at least $30 million owed by the U.S. Office of Personnel Management (OPM), the Justice Department announced Wednesday.The settlement is tied to allegations USIS violated the False Claims Act (FCA) for contract work for background investigations with OPM. USIS and Altegrity agreed to forego the money owed by the government in exchange for a…

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]