Former Employee of U.S. Government Contractor in Afghanistan Pleads Guilty to Accepting Kickbacks From Subcontractor
- Details
- Written by DOJ
- Category: News
Atlanta, Georgia - A former employee of a U.S. government contractor in Afghanistan pleaded guilty today to accepting illegal kickbacks from an Afghan subcontractor in return for his assistance in obtaining subcontracts on U.S. government contracts.
Ultra Electronics Abandons its Proposed Acquisition of Sparton Corp. After Department of Justice Expresses Concerns
- Details
- Written by IVN
- Category: News
Washington, DC - The Department of Justice announced today that Ultra Electronics Holdings plc and Sparton Corporation have abandoned their merger, originally valued at more than $234 million. The transaction threatened to permanently combine the only two qualified suppliers of sonobuoys to the U.S. Navy. Sonobuoys are used in support of multiple underwater missions for detection, classification, and localization of adversary submarines during peacetime and combat operations. Ultra Electronics and Sparton Corporation have in recent years supplied this critical equipment to the U.S. Navy through their joint venture, ERAPSCO.
President Trump Announces Presidential Delegation to the Republic of Korea for the Opening Ceremony of the 2018 Paralympic Winter Games
- Details
- Written by White House
- Category: News
Washington, DC - President Donald J. Trump today announced the members of the Presidential Delegation to the Republic of Korea to attend the Opening Ceremony and events of the 2018 PyeongChang Paralympic Winter Games beginning Friday, March 9, 2018.
Why do many mobile devices go without security updates?
- Details
- Written by Lesley Fair - FTC
- Category: News
Washington, DC - Every business wants to forge an ongoing relationship with their customers. That principle takes on special significance for mobile device manufacturers when they need to issue security patches for the operating system software on their phones and tablets. Once devices are in consumers’ hands, are they getting the patches they need to protect against critical vulnerabilities? Are companies deploying those patches in a timely fashion and for a reasonable length of time?
FTC Challenges Proposed Acquisition of Conagra's Wesson Cooking Oil Brand by Crisco owner, J.M. Smucker Co
- Details
- Written by IVN
- Category: News
Washington, DC - The Federal Trade Commission today filed an administrative complaint [a public version of which will be linked to this news release shortly] charging that J.M. Smucker Co.’s proposed $285 million acquisition of Conagra Brands, Inc.’s Wesson cooking oil brand “is likely ‘substantially to lessen competition, or to tend to create a monopoly’ in violation of the Clayton Act;” and thereby reduce competition in the United States for canola and vegetable oils. Smucker currently owns the Crisco brand, and by acquiring the Wesson brand, it would control at least 70 percent of the market for branded canola and vegetable oils sold to grocery stores and other retailers.
US Aircraft Carrier Arrives in Vietnam for Historic Visit
- Details
- Written by Carl Vinson Strike Group
- Category: News
Da Nang, Vietnam - USS Carl Vinson (CVN 70) arrived in Da Nang, Vietnam, for a scheduled port call March 5, marking the first time a U.S. aircraft carrier has visited the country in more than 40 years.
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