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Jane Edwards

K2-FIN Alert: US Gets Upgraded FATF Rating Due to Customer Due Diligence Rule Implementation

An alert from K2 Intelligence-Financial Integrity Network says the Financial Action Task Force has upgraded the U.S. from “partially compliant” to “largely compliant” with Recommendation 10 after it implemented the U.S. Treasury’s requirements for customer due diligence.

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MDA Considers Splitting Up Ground-Based Missile Defense System Contract; Vice Adm. Jon Hill Quoted

The Missile Defense Agency plans to conduct a competition to split up the modernization and sustainment contract for the Ground-based Midcourse Defense system designed to counter intercontinental ballistic missile threats, Defense News reported Thursday.

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Monkton Awarded $500M Space Force Mobile Strategy Commercialization Support IDIQ

Monkton has received a potential $500M contract from the U.S. Space Force to support the commercialization of a mobile strategy. The company will provide technology and support services to help the Department of Defense design, build and field mission-enabling platforms to service members, civil servants and reservists operating at the tactical edge, DoD said Wednesday.

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Govini Tracks Pentagon’s Use of OTAs, SBIR Contracts; Tara Murphy Dougherty Quoted

Govini analyzed the Department of Defense’s use of other transaction authorities and Small Business Innovation Research contracts between fiscal year 2015 and FY 2019 and found that the two contracting methods accounted for 10 percent, or $9.6B, of DoD’s spending on research, development, test and evaluation operations in 2019, Defense News reported Wednesday.

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UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the regulatory clearances needed to close the transaction. According to a joint statement, the combined company will operate as Raytheon Technologies and trade under the “RTX” ticker symbol on the New York Stock Exchange.

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