Tag Archives: mike andrews

Report: Treasury Mulls Setting Aside Nat’l Security Business Relief Funds Under $17B Loan Program

The Department of the Treasury considers safeguarding a $17B loan program for eligible national security companies under the Coronavirus Aid, Relief and Economic Security Act in the event that Boeing (NYSE: BA) and General Electric (NYSE: GE) find themselves in need of funds, Bloomberg reported Tuesday. Both companies have raised funds through bond offerings, divestiture and other initiatives.

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3M, Honeywell, O&M Halyward Awarded $133M in DoD Contracts for N95 Mask Production

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The Department of Defense has awarded contracts worth $133M combined to 3M (NYSE: MMM), O&M Halyward and Honeywell (NYSE: HON) to increase local production of N95 masks by over 39M in the next three months as part of the Defense Production Act Title 3 COVID-19 project.

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Battelle Awarded $415M DLA Contract for Mask Decontamination Systems

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The Defense Logistics Agency has ordered 60 mask decontamination units from Battelle through the award of  a potential $415M contract on behalf of the Department of Health and Human Services. Lt. Col. Mike Andrews, a Pentagon spokesman, said in a statement released Monday the nonprofit company will provide systems designed to sanitize up to 80K N95 mask respirators each on a daily basis.

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Pentagon, CMMC Accreditation Body Sign MoU; Katie Arrington Quoted

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The Department of Defense and a nonprofit corporation have signed a memorandum of understanding to move the Cybersecurity Maturity Model Certification program forward, Nextgov reported Thursday. Katie Arrington, chief information security officer in DoD's acquisition office and a 2020 Wash100 awardee, confirmed the MOU between the Pentagon and the CMMC accreditation body during a webinar held Thursday.

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Ellen Lord: Defense Industrial Base Workforce Should Continue Working as Part of Critical Infrastructure

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The Department of Defense on Friday released two memos to address key concerns identified by defense trade groups during the four daily update calls on the COVID-19 coronavirus pandemic led by Jennifer Santos, deputy assistant secretary of defense for industrial policy. Ellen Lord, defense undersecretary for acquisition and sustainment and a 2020 Wash100 award winner, on Friday issued a memo saying the defense industrial base is considered as a critical infrastructure sector by the Department of Homeland Security and that its workforce should maintain normal work schedules to meet national security requirements.

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