April 6, 2017 Updates
Thursday, April 6, 2017
Posted by: Howie Lind
Your nomination for an ISOA award is due by tomorrow, Friday, April 7. Don't miss this great opportunity to be honored at the ISOA Awards Dinner on June 1st at the National Press Club in Washington, DC.
Here is the webpage with the nomination instructions: stability-operations.org/events/2017/2017-isoa-achievement-awards. It is simple and straightforward. All you have to do is "tell your story" by responding to a few general questions, within a two-page document.
Please submit it directly to me, firstname.lastname@example.org, by Friday, April 7. Your award submission will be reviewed by an independent panel of three judges who each have extensive experience in stability operations. Your company name will not be known by the judges as they make their decisions.
Please call these Awards Committee members for any questions you may have, Michelle Quinn, 202-344-9030, and Kelley Deconciliis, 202-680-9888. And visit the ISOA website, www.stability-operations.org/awards, for more information.
All the best.
Howard R. Lind
President and Executive Director, International Stability Operations Association
ISOA MEMBER IN THE SPOTLIGHT
PAE recently announced it has signed a definitive agreement to acquire FCi Federal. FCi, headquartered in Ashburn, Va., provides essential services for immigration and national security including adjudication support, eligibility verification and business process outsourcing services for federal government customers.
The transaction is subject to regulatory approval and is expected to close within 45 business days, after which FCi would become a business unit of PAE. Houlihan Lokey served as FCi's financial advisor in this transaction, and financial terms were not disclosed.
PAE is a portfolio company of Platinum Equity, which acquired the business in 2016. PAE CEO John Heller views the FCi acquisition as a perfect fit with PAE's strategy to expand and deepen its portfolio of services that support the essential missions of the U.S. government, its allied partners and other international organizations.
"FCi is an impressive company with a strong track record for growth driven by talented employees and exceptional customer service," said Heller. "It's a great strategic fit, presenting new opportunities for both of our companies. It's also a strong fit culturally, as I know FCi and PAE share the same core values and commitment to the highest performance standards."
Platinum Equity Partner Louis Samson said the acquisition is an important step in PAE's continued growth.
"The addition of FCi will expand PAE's service offering and bring together a lot of very talented employees," said Samson. "We are delivering on our promise to invest in PAE's long-term strategy and will continue looking for new opportunities to expand organically or through additional acquisitions."
FCi Founder and Chairman Sharon D. Virts said the sale to PAE is the best move for FCi at this stage of the company's evolution.
"Today's announcement is the right path to position FCi Federal for continued phenomenal growth," said Virts. "Since founding FCi in 1991, we have been committed to providing high-quality service that differentiates us from competitors while placing a premium on taking care of our employees. That commitment will remain steadfast as we continue to catapult our competitive positioning for the future." Following the close, FCi Federal, as a business unit of PAE, will operate from its current headquarters office in Ashburn, Va.
PAE is a leading provider of enduring support for the essential missions of the U.S. government, its allied partners and international organizations. With over 60 years of experience, PAE supports the execution of complex and critical missions by providing global logistics and stability operations, technical services and national security solutions to customers around the world. PAE has a workforce of approximately 15,000 people in over 60 countries on all seven continents and is headquartered in Arlington, VA.
ABOUT FCI FEDERAL
Operating in more than 40 states and territories, FCi Federal is one of the fastest growing government services firms in the industry providing a wide range of managed professional, administrative and technical services to federal agencies. With 25 years of experience in the federal market, FCi Federal brings depth and breadth of resources and engaged leadership to manage complex government programs, ranging from operating large production centers to providing integrated mission support services for geographically distributed operations. The company's nearly 5,000 employees and subcontractors put their core expertise in program management support, records management, adjudication support, fraud detection and other administrative support services to work in ways that routinely outperform expectations. More information about FCi Federal can be found at www.fcifederal.com.
ABOUT PLATINUM EQUITY
Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations - a trademarked strategy it calls M&A&O� - acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed more than 185 acquisitions.
LOCKHEED WINS POTENTIAL $288M CONTRACT TO BUILD ARMY'S LASER-BASED TRAINING SYSTEM
Lockheed Martin has won a potential seven-year $288 million contract to build a laser-based training device for the U.S. Army to simulate the firing capacity of soldiers and combat vehicles as well as test the engagement effects of multiple weapons. The Defense Department said Friday the Instrumentable Multiple Integrated Laser Engagement System will help Army address requirements under the service branch's basis of issue plan and potentially modernize legacy systems. I-MILES will comprise an individual weapon system, a combat and a tactical vehicle system, shoulder launched munitions and a universal controller device. DoD noted the Army received three bids for the firm-fixed-price contract via the internet. The service branch's program executive office for simulation, training and instrumentation will provide funds and performance locations with each order. Lockheed is scheduled to finish contract work March. 30, 2024.
Read More: GovCon Wire
RAYTHEON AWARDED $200M TO PRODUCE ADDITIONAL SIDEWINDER MISSILES FOR US, INTL CLIENTS
Raytheon has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance units, advanced optical target detector containers and Block 1 propulsion steering section under the modification. DoD noted that Raytheon will supply the equipment for the Navy and the U.S. Air Force as well as the governments of Australia, Belgium, Denmark, Finland, Indonesia, Israel, Korea, Morocco, Netherlands, Norway, Poland, Romania, Saudi Arabia, Singapore, Taiwan and Turkey. The Naval Air Systems Command will obligate the full amount of the modification from fiscal 2017 Air Force missile procurement, Navy weapons procurement and foreign military sales funds. Raytheon will perform work in multiple locations worldwide through March 2020.
Read More: GovCon Wire
CONGRESS EYES SHAKEUP OF DEPARTMENT OF HOMELAND SECURITY -- CYBERSECURITY EFFORTS
Lawmakers are taking a second stab at legislation that would reorganize the Department of Homeland Security's cybersecurity efforts with the goal of bolstering its cyber operations in the face of evolving threats. A House panel with oversight of DHS is getting ready to again consider legislation that would consolidate the department's cyber efforts under one operational agency.
Read More: The Hill
CLOCK TICKS DOWN ON DEFENSE FUNDING
The shutdown clock is ticking with just four calendar weeks -- and only eight legislative days -- left before government funding expires. Congressional leaders are downplaying the possibility of a shutdown. And they appear likely to leave President Trump's supplemental defense funding request by the wayside for the time being to avoid one. The Trump administration requested $30 billion more for this fiscal year for urgent defense needs, as well as $3 billion for a border wall and other homeland security operations. But Sen. Roy Blunt (R-Mo.), a senior appropriator who was speaking at the request of Senate Majority Leader Mitch McConnell (R-Ky.), said this week that the supplemental will likely move "at a later time." Punting on the supplemental would be unsurprising given that Trump's request would reopen a debate about budget caps for a fiscal year that is halfway done. Democrats, who are needed to pass legislation in the Senate, have also said the border wall funding is a nonstarter.
Read More: The Hill
TILLERSON TELLS NATO ALLIES TO SPEND MORE ON DEFENSE, BOLSTER ANTI-TERRORISM EFFORTS
In his first meeting with NATO, Secretary of State Rex Tillerson on Friday delivered a firm rebuke of Russian "aggression" and promised allies that the United States will stand by their side -- while also demanding they spend more on defense and do more to fight terrorism. Tillerson participated in abbreviated discussions with foreign ministers from the 27 other NATO member nations, who were sent scrambling last week to accommodate the top U.S. diplomat after he said he could not attend the meeting originally planned for early April. What was supposed to be a two-day meeting was compressed into a half-day of talks; Tillerson spent just under five hours at NATO headquarters in Brussels and left for Washington before NATO Secretary-General Jens Stoltenberg gave a closing press conference. The foreign ministers' meeting is crucial because it lays the groundwork for a NATO summit with heads of state in May, which will be President Trump's first overseas trip since taking office. Trump has had to work hard to dispel doubts he created about his commitment to NATO, an alliance that has served as the foundation of Western security since World War II.
Read More: L.A. Times
TRUMP ADMINISTRATION STOPS DISCLOSING IRAQ AND SYRIA TROOP DEPLOYMENTS
The Trump administration has stopped disclosing material information about the size and nature of the U.S. commitment to military action in Iraq and Syria, including the number of U.S. troops deployed in either country, in a bid to "surprise" the Islamic State with the number of US troops in the region the LA Times reports. Earlier this month, the Pentagon quietly dispatched 400 Marines to northern Syria to operate artillery in support of Syrian militias that are cooperating in the fight against Islamic State, according to U.S. officials. That was the first use of U.S. Marines in that country since its long civil war began. In Iraq, nearly 300 Army paratroopers were deployed recently to help the Iraqi military in their six-month assault on the city of Mosul, according to U.S. officials. The decision appears to be making good on Trump's promise as a candidate to insist on more of an "element of surprise" in battle tactics.
Read More: Washington Times
WHITE HOUSE ACCEPTS 'POLITICAL REALITY' OF ASSAD'S GRIP ON POWER IN SYRIA
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Read More: New York Times