Posts from ExecutiveBiz for 11/06/2014

Autonomic Resources Cloud Platform Passes DoD Impact Level 5 Assessment; John Keese Comments

Autonomic Resources‘ cloud platform has passed the Defense Department‘s impact level five assessment for the agency’s cloud security model. Veris Group conducted the evaluation process on Autonomic Resources’ 68 new security controls against DoD’s requirements, Autonomic Resources saidWednesday…

Carlyle Group Reduces Booz Allen Ownership Stake to 37%

An affiliate of The Carlyle Group (NASDAQ: CG) has sold 10 million shares of Booz Allen Hamilton‘s (NYSE: BAH) Class A common stock to J.P. Morgan Securities for $263.1 million, or around $26…

Roy Smith: Fulcrum Lands Task Orders for Army Sensor Tech Support

Fulcrum has received $22 million in task orders during the fourth quarter of its 2014 fiscal year to help the U.S. Army deploy and maintain sensor technologies. The company was awarded the orders as a prime contractor on the Army’s $1…

State Dept OKs $1.4B PAC-3 Missile Sale to South Korea

The State Department has approved a $1.405 billion foreign military sale of Patriot Advanced Capability missiles and components to South Korea. Raytheon (NYSE: RTN) and Lockheed Martin‘s (NYSE: LMT) missiles and fire control business are the primary contractors for the sale, the State Department said Wednesday…

FFIEC Notes Inherent Risk, Preparedness as Cybersecurity Factors for Financial Institutions

The Federal Financial Institutions Examination Council says that financial institutions should focus their cybersecurity measures on managing inherent risk factors and engage executive leadership in evaluating an institution’s preparedness…

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