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Cyberthreat intelligence firms sells for $780M
By: Kelsey Reichmann
Insight Partners, a leading global capital and private equity firm, has acquired Recorded Futures, an intelligence solution company that has made its name in the cybersecurity world in recent years by providing threat intelligence.
The cash deal is for $780 million. Recorded Future focuses on information related to public, private, and open source data associated with cyber intrusions. Insight had made a previous investment in the company.
Recorded Future claims to be the largest privately held threat intelligence software in the world. The company has ties to the defense and intelligence communities. Recorded Future was awarded a Defense Innovation Unit contract in September 2017. In-Q-Tel, the intelligence community's investment arm, had made an initial investment in the company in 2010.
“We have relied heavily on a unique blend of focused data science concepts, advanced machine-enabled collection, and intelligence subject matter expertise, always with an eye toward the usability of the intelligence that we present to our clients — be it government agencies, large corporations, or forward-leaning companies,” said Christopher Ahlberg, co-founder and CEO of Recorded Future, in a May 30 press release. “This deal represents one of the largest security software transactions of the year, and the largest ever in the threat intelligence space. Insight's renewed commitment to our future validates the path that we are on and lays the foundation to drive our collective requirements forward."
https://www.fifthdomain.com/industry/2019/05/31/cyberthreat-intelligence-firms-sells-for-780m
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February 10, 2020 | International, Aerospace, Naval
Bell-Boeing Delivers First CMV-22B to Navy for COD Mission
By: Sam LaGrone The first of a new generation of carrier onboard delivery aircraft delivered to the Navy, the service announced on Friday. Manufacturer Bell-Boeing turned over a CMV-22B Osprey to the Navy in a ceremony at its Texas assembly facility after four years of design and production. “There is nothing more important than delivering capabilities to the fleet with speed,” James Geurts, assistant secretary of the Navy for research, development and acquisition, said in a statement. “I am proud how the program and industry team have leveraged non-traditional approaches such as using existing MV-22 testing data to shrink the time in the CMV-22 acquisition cycle.” The delivered aircraft is now assigned to Air Test and Evaluation Squadron (HX) 21. “The first operational squadron, Fleet Logistics Multi-Mission Squadron (VRM) 30, is scheduled to receive the aircraft this summer,” the Navy said. The first flight of the aircraft was in December, reported USNI News at the time. The delivery comes ahead of an aggressive testing and fielding schedule for the new COD that is anticipated to deploy next year in parallel with the first deployed squadron of F-35C Lighting II Joint Strike Fighter aboard USS Carl Vinson (CVN-70). Vinson is currently in a drydock availability undergoing upgrades to field the F-35Cs. The CMV-22B will be key to the deployment as the new COD will be able to carry the engine power module for the F-35s, a key logistics requirement for any JSF deployment. The new Ospreys are based on the Marines existing MV-22B with key differences. “The CMV-22B will be capable of transporting up to 6,000 pounds of cargo and/or personnel over a 1,150 nautical mile range. This expanded range is due to the addition of two new 60-gallon tanks installed in the wing for an additional 120 gallons of fuel and the forward sponson tanks were redesigned for additional capacity,” read a statement from the Navy. “The CMV-22B variant has a beyond-line-of-sight high-frequency radio, a public address system for passengers, and an improved lighting system for cargo loading.” The tilt-rotor will replace the 1960s era C-2A Greyhounds used for the COD mission. The Navy is getting 39 Ospreys as part of a $4.2-billion contract modification with Bell-Boeing the Pentagon announced in July 2018. https://news.usni.org/2020/02/08/bell-boeing-delivers-first-cmv-22b-to-navy-for-cod-mission