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Financial Reports/News
Dun & Bradstreet Announces Launch of Initial Public Offering
by Sarah Sybert
Published on June 24, 2020
Dun & Bradstreet Announces Launch of Initial Public Offering

Dun & Bradstreet Holding has launched its initial public offering of 65.75 million shares of its common stock at an anticipated initial public offering price between $19.00 and $21.00 per share pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission (SEC), the company reported on Wednesday.

Dun & Bradstreet has projected to grant the underwriters a 30-day option to purchase up to an 9.86 additional shares of common stock. Dun & Bradstreet has applied to list the shares of common stock on the New York Stock Exchange under the ticker symbol, DNB.

A subsidiary of Cannae, a subsidiary of Black Knight, Inc. and a subsidiary of CC Capital Partners, LLC plan to invest $200  million, $100 million, and $100 million, respectively, in a concurrent private placement of  Dun & Bradstreet's common stock. The investments will be contingent upon the consummation of the offering at a price per share equal to 98.5 percent of the initial public offering price.  

Dun & Bradstreet has planned to use the proceeds from the offering and the concurrent private placement to redeem all of its outstanding Series A Preferred Stock, repay a portion of its 10.25 percent Senior Unsecured Notes outstanding due 2027 and for working capital and other general corporate purposes.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.

News/Press Releases
Jacobs-Built MPCC Facility Receives Recognition for Pharmaceutical Engineering; Koti Vadlamudi, Noel Heaney Quoted
by Sarah Sybert
Published on June 24, 2020
Jacobs-Built MPCC Facility Receives Recognition for Pharmaceutical Engineering; Koti Vadlamudi, Noel Heaney Quoted

Jacobs provided architecture, engineering, construction management and turnover services for Cruiserath Biologics, which has won the Project Execution category at the International Society for Pharmaceutical Engineering (ISPE) 2020 Facility of the Year Awards (FOYA), Jacobs announced on Wednesday. 

"With growing demands for its immuno-oncology medicine, Bristol Myers Squibb needed to build a facility for the future," said Koti Vadlamudi, Jacobs Senior Vice President, Advanced Facilities. "The project is a huge success for Jacobs, Bristol Myers Squibb, and ultimately the many patients that rely on these medicines produced in the Dublin campus."

In 2015, Jacobs worked to modernize its existing active pharmaceutical ingredients (API) plant to enable large-scale production of its vital immuno-oncology medicines. Jacobs helped to develop an innovative approach to fighting cancer, immuno-oncology, which has harnessed the body's own immune system to combat tumor cells.

In addition, Jacobs helped create a facility for the $1 billion Multi-Product Cell Culture (MPCC) project. At the time, the project represented the largest pharmaceutical project being undertaken in Europe, with more than 2,200 people on site at peak. 

The project's fast-tracked 26-month delivery commanded collaboration from Jacobs' global network of expertise across Ireland, the United States and India, working around the clock to meet the ambitious schedule.

Jacobs provided a detailed project execution plan that was developed to address challenges, monitor progress and ensure project success. The facility was delivered within budget and applied innovative project delivery techniques and tools. 

The project has repurposed an existing site to design and construct a new manufacturing facility, global laboratory, offices, cafeteria, utility and warehouse buildings as one functional campus. The facility is now in commercial operation, having recently received regulatory approval from both the FDA and the European Medicines Authority.

"Cruiserath's campus represents the largest ever capital investment for the company and is the first Bristol Myers Squibb biologics manufacturing facility in Europe. We set out with a vision to build a world class Biopharma Campus and state of the art facility, and to receive this highly coveted external and industry recognition indeed signifies we are well on our way," said Cruiserath Biologics general manager and executive director, EU Biologics, Noel Heaney.  

About Jacobs 

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.

News/Press Releases
BlackBerry Announces Election Results for the Company’s Board of Directors
by Sarah Sybert
Published on June 24, 2020
BlackBerry Announces Election Results for the Company’s Board of Directors

BlackBerry Limited has announced nine nominees listed in the company's annual and special meeting of shareholders held on June 23, 2020, that have been elected as directors to serve until BlackBerry's next annual shareholder meeting or until their successors are elected or appointed, the company reported on Wednesday. 

With the highest approval rating, Lisa Disbrow has received 96.79 percent for election. Disbrow was appointed to BlackBerry in Aug. 2019. She currently serves on the Board of Directors of Mercury Systems, Inc and Perspecta.

Following Disbrow by 0.03 percent, Laurie Smaldone Alsup, president and chief scientific officer of PharmApprove, received a 96.76 percent approval rating. Smaldone Alsup's expertise in the pharmaceutical industry has helped BlackBerry accelerate in regulated industries. She was appointed to the board in June 2015. 

Wayne Wouters and Timothy Dattels both received 96.7 percent approval from the board. Wouters was appointed to the board in Oct. 2015, bringing valuable experience in government relations, strategic leadership, international trade and economic policy. Wouters was also appointed to serve as a member of the audit and risk management committee of the Board of Directors.

Dattels has served as a director of the Company since July 2012. He has an MBA from Harvard Business School and a BA from Western University. Dattels is a Senior Partner of TPG Capital, LP. Prior to joining TPG, Dattels served as a Partner and Managing Director of Goldman Sachs and was head of Investment Banking for all Asian countries other than Japan.

Michael Daniels, former Chairman and CEO of Mobile 365, following closely behind Dattels, received an approval rating of 96.4 percent. Appointed to the board in Oct. 2014, Daniels has brought a broad technology experience to BlackBerry and deep cybersecurity expertise. 

Richard Lynch, president of FB Associates, secured a 96.3 percent approval rating from the elections. Lynch has served as a director of the Company since February 2013 and is a member of the Compensation, Nomination and Governance Committee of the Board of Directors. 

John Chen, executive chairman and CEO of BlackBerry Limited, received 95.7 percent for and 4.30 percent withheld in the election. He is responsible for defining the company’s vision and goals, setting its strategy, and ensuring the team’s execution matches corporate objectives.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 175M cars on the road today.  

Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear – to secure a connected future you can trust.

Government Technology/News
NSC’s Scott Pace on Point-to-Point Suborbital Spaceflight
by Jane Edwards
Published on June 24, 2020
NSC’s Scott Pace on Point-to-Point Suborbital Spaceflight

Scott Pace, executive secretary of the National Space Council, said he still sees the market for point-to-point, high-speed suborbital spaceflight as “somewhat over the horizon,” SpaceNews reported Tuesday.

“I see us working right now on trying to get the suborbital market up, running and sort of stabilized,” Pace said Monday during a meeting of the Federal Aviation Administration’s Commercial Space Transportation Advisory Committee. “I think people look forward to the possibility of point-to-point passenger and cargo travel, but right now just getting routine suborbital access to space and pushing hard on the unmanned hypersonic and military applications is where the action is.”

Pace provided updates on space policy directives and reaffirmed the administration’s support for the commercial space sector.

“The creation of a lightly regulated entrepreneurial space industry, supported by regulation that adapts to changes, is really a model for the rest of the world as they decide how they want to take advantage of space,” he said.

DoD/Executive Moves/News
DoD Research, Engineering Leaders Michael Griffin, Lisa Porter to Step Down
by Jane Edwards
Published on June 24, 2020
DoD Research, Engineering Leaders Michael Griffin, Lisa Porter to Step Down

Michael Griffin, undersecretary of Research and Engineering at the Department of Defense (DoD) and a two-time Wash100 Award winner, and his deputy Lisa Porter will leave their current posts on July 10, Defense News reported Tuesday. Griffin and Porter said in a letter to their staff that they have decided to pursue together a career opportunity in the private sector.

DoD Research, Engineering Leaders Michael Griffin, Lisa Porter to Step Down“It has been a pleasure leading this great team over the past few years. We greatly appreciate your hard work, diligence, integrity, and devotion to technical excellence and technical truth in furtherance of the R&E mission,” they wrote in the letter. “We wish you all the very best.”

Griffin assumed his current post in early 2018 to oversee directed energy, hypersonic weapons and other technology capabilities for DoD. Agencies under his leadership included the Defense Advanced Research Projects Agency (DARPA) and the Missile Defense Agency (MDA). He served as NASA administrator under President George W. Bush.

Porter has been serving as deputy undersecretary for research and engineering at the Pentagon since 2018. She previously served as executive vice president and director of In-Q-Tel Labs.

Government Technology/News
Navy Concludes Tests on Demo Jammer Systems for Growler Aircraft
by Matthew Nelson
Published on June 23, 2020
Navy Concludes Tests on Demo Jammer Systems for Growler Aircraft

The U.S. Navy tested low radio frequency spectrum jammer systems in support of a program that seeks to replace the ALQ-99 electronic warfare systems installed on EA-18G Growler aircraft units.

The service branch said Monday it tested jamming technology on prototype pods at the Facility for Antenna and Radar Cross-Section Measurement and the Air Combat Environmental Test and Evaluation Facility in Patuxent River, Md., as part of the Next Generation Jammer-Low Band Demonstration of Existing Technologies effort.

The NGJ-LB team sought consensus on quarantine and test execution guidelines from the contractors, government officials and the Naval Test Wing Atlantic’s chief flight surgeon prior to the tests.

Northrop Grumman and L3Harris Technologies collaborated with the Navy to demonstrate their low band jamming systems.

The Navy is slated to pick a contractor for the development of an operational NGJ-LB Block 1 tactical jamming pod for integration into Growler aircraft units.

DHS/Government Technology/News
DHS S&T Identifies New Blockchain Use Cases in Solicitation for Forgery Prevention
by Nichols Martin
Published on June 23, 2020
DHS S&T Identifies New Blockchain Use Cases in Solicitation for Forgery Prevention

The Department of Homeland Security's (DHS) Science and Technology (S&T) Directorate has launched a second solicitation in search of blockchain or distributed ledger technologies that prevent forgery and boost operational transparency. 

DHS said Monday that it invites startups to submit proposals on these technologies under the Silicon Valley Innovation Program's new solicitation titled “Preventing Forgery and Counterfeiting of Certificates and Licenses (Release 2).”

The solicitation seeks to apply blockchain and DLT to identify social security numbers, monitor the food supply chain, track natural gas and e-commerce shipments and protect license privacy.

These applications support the needs of multiple DHS agencies such as U.S. Customs and Border Protection (CBP) and U.S. Citizenship and Immigration Services.

Interested parties may submit responses through July 10. S&T is also hosting a virtual industry event on Tuesday.

Government Technology/News
U.S. Air Force Unveils Doctrine Annex for Joint All-Domain Operations
by Nichols Martin
Published on June 23, 2020
U.S. Air Force Unveils Doctrine Annex for Joint All-Domain Operations

The Department of the Air Force has issued a document that defines the involvement of air and space forces in joint, multi-domain operations. The Joint All-Domain Operations or JADO annex, labeled Annex 3-1, will undergo further updates as Curtis E. LeMay Center for Doctrine Development and Education continues tests and evaluation, the U.S. Air Force said Monday.

“Publishing JADO doctrine is a first step in changing how we think and conduct operations with the reemergence of great power competition," said Maj. Gen. Brad Sullivan, who commands LeMay Center.

The center last year received the task to develop a wargame that would contribute to the JADO annex's creation. The initial Chennault Series wargame took place in December.

“With the Chennault Series, we were able to leverage expertise resident in LeMay (Center), pull students in from across Air University resident programs and include subject matter experts from around the DAF,” the commander said.

The center seeks airman feedback on the annex for the document's further improvement.

Government Technology/News
Air Force Looks to Modify F-22 Trainer Aircraft for Combat Missions
by Brenda Marie Rivers
Published on June 23, 2020
Air Force Looks to Modify F-22 Trainer Aircraft for Combat Missions

The U.S. Air Force (USAF) plans to reconfigure its Lockheed Martin-built F-22 Raptor fighter jets to support combat functionalities over the next few years, National Defense Magazine reported Monday.

Gen. James Holmes, commander of the Air Combat Command, told attendees at a recent Air Force Association teleconference that the service branch is looking into repurposing its F-22 squadron initially built to support training operations.

Holmes said the option to reconfigure the F-22s may help the service optimize its spending for aircraft while expanding its combat capacity. However, he noted that a shortage of engines for the F-22 aircraft may result in challenges for the planned modification.

“They're already combat capable even without bringing them up to the higher standard. I’d certainly pick one of those over some of our legacy airplanes, if I had to go fight," he said. "The primary problem [with the aircraft] is having enough engines to meet our requirements," Holmes added. 

Government Technology/GSA/News
GSA, CISA Partner to Help Agencies Implement Secure Gov’t Domains
by Brenda Marie Rivers
Published on June 23, 2020
GSA, CISA Partner to Help Agencies Implement Secure Gov’t Domains

The General Services Administration (GSA) has launched an effort with the Cybersecurity and Infrastructure Security Agency (CISA) to help government agencies ensure the safety of their .gov domains.

According to the DotGov program's website, the effort comes as part of the Trump administration's goal to have the HTTP Strict Transport Security (HSTS) function automatically enabled in government websites by September 1.

GSA will also work with government-affiliated civic organizations over the next few months to launch events in an effort to promote the benefits of preloading a secure .gov website.

“HTTPS is a key protection for websites and web users. It offers security and privacy when connecting to the web, and provides governments the assurance that what they publish is what is delivered to users,” GSA said.

“An additional protection, [HSTS], is a simple standard that protects visitors by ensuring that their browsers always enforce an HTTPS connection to a website. It also eliminates the ability to click through a certificate error–protecting users from attack.”

The agency is seeking feedback from agencies on challenges and potential solutions to domain security ahead of announcing a “ target preloading date at a future time.”

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