NewzIntel.com

Category: Intelligence Agencies

  • MIL-OSI USA: Justice Department Announces Launch of Joint Task Force October 7

    Source: US State Government of Utah

    The Justice Department today announced the leadership team and membership of Joint Task Force October 7 (JTF 10-7), an initiative that will seek justice for the victims of the Oct. 7, 2023, terrorist attack in Israel and address the ongoing threat posed by Hamas and its affiliates.

    “The barbaric Hamas terrorists will not win—and there will be consequences,” said Attorney General Pamela Bondi. “As Attorney General, I have had the solemn honor of meeting with several families of U.S. citizens whose loved ones were kidnapped by Hamas on that dark day. This task force will strengthen the Department’s resolve to achieve justice for these families and their loved ones as we continue to fight antisemitism in all its forms.”

    The Attorney General established JTF 10-7 on her first day in office, demonstrating the high priority the Justice Department is placing on honoring the memories of the approximately 1,200 people murdered by Hamas in the attack, including 47 U.S. citizens, and supporting the approximately 250 additional people that Hamas abducted, including 8 U.S. citizens.

    JTF 10-7 will focus on targeting, charging, and securing for prosecution in the United States the direct perpetrators of the October 7 attack — the terrorists on the ground that day who murdered and kidnapped innocent civilians. JTF 10-7 will also assume responsibility for the pending charges against Hamas leadership relating to the October 7 attack and other acts of terrorism, and to bring those criminals to the United States to face justice for their reprehensible role in these atrocities. Finally, JTF 10-7 will investigate acts of terrorism and civil rights violations by individuals and entities providing support and financing to Hamas, related Iran proxies, and their affiliates, as well as acts of antisemitism by these groups.

    “The victims of Hamas’s decades-long violent campaign of terrorism against Israel will always have the support of the U.S. government, and the Department will no longer permit illegal support of Hamas on our campuses and elsewhere in the homeland,” said Deputy Attorney General Todd Blanche. “Antisemitic acts of terrorism – whether here or abroad – will never go unpunished. This task force represents our unyielding commitment to those who have suffered at the hands of these brutal terrorists.”

    “The FBI is committed to establishing the Joint Task Force October 7 to continue the FBI’s investigative and victim assistance efforts related to the horrific acts of terror committed by Hamas,” said FBI Director Kash Patel. “Working with our federal and international partners, this task force is a collaborative initiative between agencies, and together we will work to accomplish our vital counterterrorism mission.”

    JTF 10-7 will be led by a senior counterterrorism prosecutor from the Justice Department’s National Security Division (NSD), a senior FBI Special Agent as the Task Force Commander, and an FBI Intelligence Analyst as Deputy Task Force Commander, all under the supervision of the Office of the Deputy Attorney General. JTF 10-7 will also include trial attorneys from NSD, the Civil Rights Division, the Criminal Division’s Money Laundering and Asset Recovery Section, Assistant U.S. Attorneys from the U.S. Attorney’s Office for the Eastern District of Virginia, and other detailees, with additional dedicated support from the Department’s Office of International Affairs.

    JTF 10-7 will be supported by dedicated FBI agents, analysts, forensic accountants, data scientists, and linguists who are mostly co-located in Virginia. These professionals will contribute to JTF 10‑7’s expertise in investigating and prosecuting domestic and extraterritorial terrorism cases, including terrorism-financing matters, and serve as points of contact with the FBI’s Hostage Recovery Fusion Cell and Victim Services Division.

    The FBI will coordinate with other law enforcement and intelligence agencies on JTF 10-7 activities, as well as foreign counterparts through the FBI’s Legal Attaché office in Israel. FBI agents will be embedded with Israel’s National Bureau of Counter Terror Finance, which has already been a tremendous partner in the ongoing investigations.

    These efforts will build on the Justice Department’s ongoing investigations into the perpetrators of these heinous acts and demonstrate the Department’s commitment to degrading and dismantling Hamas, holding Hamas supporters accountable, achieving justice for victims, and fighting terrorist-led antisemitism.

    MIL OSI USA News –

  • MIL-OSI: Coface SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Paris, 17 March 2025 – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

    Trading session
    of (Date)    		 Number
    of shares    		 Weighted
    average price    		 Gross amount MIC Code Purpose
    of buyback
    10/03/2025 12,000 16.5508 € 198,609 € XPAR LTIP
    11/03/2025 11,478 16.4003 € 188,243 € XPAR LTIP
    12/03/2025 9,000 16.5253 € 148,727 € XPAR LTIP
    13/03/2025 9,000 16.5720 € 149,148 € XPAR LTIP
    14/03/2025 8,500 16.7526 € 142,397 € XPAR LTIP
    Total 10/03/2025 – 14/03/2025 49,978 16.5498 € 827,125 €   LTIP

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

    Attachment

    The MIL Network –

  • MIL-OSI Security: Wapato Man Found Guilty of Sexually Abusing Three Children

    Source: Office of United States Attorneys

    Yakima, Washington – Acting United States Attorney Richard Barker announced that a jury returned a verdict in the trial of Jose Antonio Saldana, age 43 of Wapato, Washington. Saldana was found guilty of three counts of Abusive Sexual Contact and of Aggravated Sexual Abuse.

    Based on court documents and evidence presented at trial, beginning in August 1999, and continuing to January 2014, Saldana sexually abused three children under the age of 13 in Wapato, Washington. During trial, the victims recounted the abuse they suffered, which included Saldana touching them under their clothing and attempting to sexually abuse one of the victims.  

    United States District Judge Mary K. Dimke presided over the trial for Saldana, which began March 10, 2024. Sentencing in this matter is set for June 16, 2025, in Yakima, Washington.

    “The victims who came forward in this case demonstrated tremendous courage and bravery,” stated Acting United States Attorney Barker.  “Many victims who experience childhood sexual abuse do not disclose the events to others soon after they occur. At the trial in this case, three young victims testified years after the abuse they had suffered and identified Mr. Saldana as their abuser. The jury heard their voices and found Mr. Saldana guilty of the abuse he inflicted for more than two decades.  For his horrific crimes, Mr. Saldana will face a sentence of thirty years to life.”

    “In this devastating case, Mr. Saldana abused multiple children for more than a decade on the Yakama Nation Reservation, even though he was not a tribal member himself,” said W. Mike Herrington, Special Agent in Charge of the FBI Seattle field office. “The FBI is committed to enforcing federal laws to protect our tribal communities, and all our communities, from abuse and violence, especially the most vulnerable members of our society: our children.”

    This case was investigated by the FBI and the Yakama Nation Police Department. It is being prosecuted by Assistant United States Attorney Michael Murphy.

    1:24-cr-02040-MKD

    MIL Security OSI –

  • MIL-OSI Security: New task force launched in Virginia to eliminate transnational criminal organizations

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    ALEXANDRIA, Va. – U.S. Attorney Erik S. Siebert of the Eastern District of Virginia along with federal and state partners announced today the recently established Virginia Homeland Security Task Force (VHSTF), an interagency group founded to combat transnational organized crime and coordinate ongoing immigration enforcement efforts across Virginia. In the two weeks since the VHSTF’s creation on March 3, task force members have arrested 247 individuals.

    Hundreds of personnel are supporting the task force, including representatives from U.S. Attorney’s Offices for the Eastern and Western Districts of Virginia; Bureau of Alcohol, Tobacco, Firearms, and Explosives; Drug Enforcement Administration; FBI’s Washington, Norfolk, and Richmond Field Offices; Homeland Security Investigations; Immigration and Customs Enforcement; U.S. Customs and Border Protection; U.S. Marshals Service; Virginia Department of Corrections; Virginia Office of the Attorney General; Virginia Secretary of Public Safety and Homeland Security; Virginia State Police; and the Washington/Baltimore High Intensity Drug Trafficking Area Task Force.

    The VHSTF is part of Operation Take Back America, which streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN). HSTFs, which were established by President Trump in Executive Order 14159, Protecting the American People Against Invasion, are joint operations led by the Department of Justice and the Department of Homeland Security. Operation Take Back America is a nationwide federal initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.

    The VHSTF is the first of these task forces. Task force members are building on existing partnerships and initiatives to enforce immigration laws and policies to dismantle TCOs threatening the safety of millions of Virginians.

    These organizations operate across international borders, wholly or in part, by illegal means. Regardless of structure, TCOs destabilize local communities and fuel violence by engaging in drug trafficking, firearms trafficking, human trafficking, assault, kidnapping, murder, and extortion.

    One of the VHSTF’s goals is the elimination of TCOs across Virginia. Task force members seek to target these organizations’ infrastructures — including leaders, intermediaries, and street-level offenders — utilizing the State Department’s new foreign terrorist designations of various gangs, such as Mara Salvatrucha (MS-13); Cártel de Sinaloa; and Tren de Aragua (TdA). Under the guidance provided by Attorney General Pamela Bondi, leaders and managers of cartels and TCOs may be prosecuted for such crimes as terrorism, racketeering, continuing criminal enterprise offenses, violations of the Foreign Narcotics Kingpin Designation Act, and violations of the International Emergency Economic Powers Act.

    To date, the VHSTF has arrested numerous gang affiliates, including 18 MS-13 affiliates, six TdA affiliates, and 12 individuals affiliated with other TCOs.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia.

    MIL Security OSI –

  • MIL-OSI Security: Operation Take Back America Results in the Administrative Arrest of 81 Illegal Aliens, 25 of Whom Were Also Charged with Felony Criminal Offenses

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Louisville, KY – During the week of March 10 through March 14, 2025, as part of Operation Take Back America, multiple federal law enforcement agencies in Kentucky worked together to repel the invasion of illegal immigration throughout the Commonwealth. The operation, coordinated out of Louisville, resulted in 81 administrative arrests of illegal aliens. Of the 81 illegal aliens arrested, 25 were also charged with immigration-related criminal offenses, including illegal reentry after deportation or removal, illegal possession of firearms, and illegal possession of controlled substances. In the Western District of Kentucky, 53 illegal aliens were administratively arrested, with 18 being criminally charged.  

    The illegal aliens not charged criminally will be held in ICE custody, pending removal proceedings and potential deportation.

    The arrests included illegal aliens from Mexico, Guatemala, Honduras, El Salvador, Cuba, India and Palau. 

    U.S. Attorney Michael A. Bennett of the Western District of Kentucky, Special Agent in Charge Rana Saoud of Homeland Security Investigations, Nashville, Sam Olson, Field Officer Director, Enforcement and Removal Operations (ERO) Chicago, US Immigration and Customs Enforcement, Acting Special Agent in Charge A.J. Gibes of the ATF Louisville Field Division, Special Agent in Charge Jim Scott of the DEA Louisville Field Division, Special Agent in Charge Michael E. Stansbury of the FBI Louisville Field Office, and  U.S. Marshal Gary B. Burman of the Western District of Kentucky made the announcement.

    “I commend the work of our federal law enforcement partners, prosecutors, and support personnel who worked tirelessly to make this operation a success,” stated U.S. Attorney Bennett. “The aggressive investigation and prosecution of those who violate immigration laws positively impacts the security of our communities and of the Nation.”  

    The following 18 illegal aliens were charged by indictment or criminal complaint in the Western District of Kentucky: 

    Moises Archaga-Garcia, age 46, a citizen of Honduras, was charged with reentry after deportation or removal. On or about March 10, 2025, Archaga-Garcia was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about July 30, 2003. If convicted he faces a maximum sentence of 2 years in prison.

    Luis Alberto Torres-Flores, age 35, a citizen of El Salvador, was charged with reentry after deportation or removal. On or about March 10, 2025, Torres-Flores was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about August 29, 2014. If convicted he faces a maximum sentence of 2 years in prison.

    Lorenzo Perez-Perez, age 33, a citizen of Guatemala, was charged with reentry after deportation or removal. On or about March 10, 2025, Perez-Perez was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about December 7, 2011, and January 21, 2016. If convicted he faces a maximum sentence of 2 years in prison. 

    Aroldo Rodriguez-Navarro, age 40, a citizen of Mexico, was charged with reentry after deportation or removal. On or about March 10, 2025, Rodriguez-Navarro was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about August 25, 2009, and June 5, 2014. If convicted he faces a maximum sentence of 2 years in prison. 

    Angel David Zuniga-Baca, age 35, a citizen of Honduras, was charged with possession of a firearm by an illegal alien and reentry after deportation or removal. On or about October 12, 2024, Zuniga-Baca possessed a firearm in Jefferson County, Kentucky, with knowledge that he was an alien illegally and unlawfully in the United States. On or about March 10, 2025, Zuniga-Baca was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about November 16, 2009, and April 25, 2014. If convicted he faces a maximum sentence of 17 years in prison.

    Ewin Cabrera-Cabrera, age 33, a citizen of Honduras, was charged with reentry after deportation or removal. On or about March 11, 2025, Cabrera-Cabrera was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about April 10, 2014, and February 7, 2013. If convicted he faces a maximum sentence of 2 years in prison.

    Roberto Cruz-Pacheco, age 34, a citizen of Mexico, was charged with reentry after deportation or removal. On or about March 11, 2025, Cruz-Pacheco was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about December 31, 2008. If convicted he faces a maximum sentence of 2 years in prison. 

    Darwin Martinez-Figueroa, age 41, a citizen of Mexico, was charged with reentry after deportation or removal. On or about March 11, 2025, Martinez-Figueroa was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about May 17, 2014, and April 11, 2018. If convicted he faces a maximum sentence of 2 years in prison.

    Williams Josue Rodriguez-Calix, age 28, a citizen of Honduras, was charged with reentry after deportation or removal. On or about March 11, 2025, Rodriguez-Calix was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about December 12, 2018. If convicted he faces a maximum sentence of 2 years in prison. 

    Jose Rodriguez, age 39, a citizen of Mexico, was charged with reentry after deportation or removal. On or about March 11, 2025, Rodriguez was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about December 1, 2011, and February 28, 2020. If convicted he faces a maximum sentence of 2 years in prison. 

    Zoiber Hernandez-Dominguez, age 50, a citizen of Mexico, was charged with possession of a firearm by an illegal alien. On or about December 16, 2024, Hernandez-Dominguez possessed a firearm in Jefferson County, Kentucky, with knowledge that he was an alien illegally and unlawfully in the United States. If convicted he faces a maximum sentence of 15 years in prison.

    Marcos Juarez-Morente, age 38 a citizen of Guatemala, was charged with reentry after deportation or removal. On or about March 13, 2025, Juarez-Morente was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about January 20, 2006, and May 19, 2006. If convicted he faces a maximum sentence of 2 years in prison.

    Esteban Perez-Cristostomo, age 45, a citizen of Guatemala, was charged with reentry after deportation or removal. On or about March 13, 2025, Perez-Cristostomo was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about January 21, 2010. If convicted he faces a maximum sentence of 2 years in prison. 

    Ramiro Galeana-Arzate, age 28, a citizen of Mexico, was charged with reentry after deportation or removal. On or about March 14, 2025, Galeana-Arzate was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about December 4, 2020. If convicted he faces a maximum sentence of 2 years in prison. 

    Humberto Avila-Duran, age 54, a citizen of Mexico, was charged with possession of a firearm by an illegal alien and reentry after deportation or removal. On or about March 14, 2025, Avila-Duran possessed a firearm in Jefferson County, Kentucky, with knowledge that he was an alien illegally and unlawfully in the United States. On the same day, Avila-Duran was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about January 21, 2011, March 3, 2011, March 8, 2011, August 14, 2012, May 9, 2014, May 13, 2014, and November 13, 2020. If convicted he faces a maximum sentence of 17 years in prison. 

    Humberto Avila-Murillo, age 28, a citizen of Mexico, was charged with possession of a firearm by an illegal alien. On or about March 14, 2025, Avila-Murillo possessed a firearm in Jefferson County, Kentucky, with knowledge that he was an alien illegally and unlawfully in the United States. If convicted he faces a maximum sentence of 15 years in prison. 

    Edi Diaz-Lopez, age 30, a citizen of Mexico, was charged possession with intent to distribute methamphetamine, possession of a firearm by an illegal alien, and possession of a firearm in furtherance of drug trafficking. On or about January 3, 2025, Diaz-Lopez possessed a firearm and methamphetamine with knowledge that he was an alien illegally and unlawfully in the United States. If convicted he faces a maximum sentence of 40 years in prison.

    Alvaro Mandujano-Rodriguez, age 32, a citizen of Mexico, was charged with possession of a firearm by an illegal alien and reentry after deportation or removal. On or about October 7, 2023, Mandujano-Rodriguez was an alien found in the United States after having been denied admission, excluded, deported, and removed from the United States on or about November 29, 2025. On the same date, Mandujano-Rodriguez possessed two firearms in Jefferson County, Kentucky, with knowledge that he was an alien illegally and unlawfully in the United States. If convicted he faces a maximum sentence of 17 years in prison.

    A federal district court judge will determine any sentence after considering the sentencing guidelines and other statutory factors.

    There is no parole in the federal system.

    The operation was coordinated by HSI Nashville and ICE/ERO Chicago. The cases are being investigated by the HSI, ICE/ERO, FBI, ATF, DEA, and USMS.

    These cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    An indictment or complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Par Funding Enforcer Sentenced to 11½ Years in Prison for RICO Conspiracy, Obstruction of Justice, and Retaliation

    Source: Federal Bureau of Investigation (FBI) State Crime News

    James LaForte Brutally Assaulted Receivership Attorney, Threatened Government Witnesses, Extorted Merchants

    PHILADELPHIA – United States Attorney David Metcalf announced that James LaForte, 48, of New York, New York, was sentenced today by United States District Court Judge Mark A. Kearney to 137 months’ imprisonment, followed by three years of supervised release to include 12 months’ home confinement, for crimes committed as part of a criminal enterprise that ran a fraudulent investment vehicle[1] known as Complete Business Solutions Group, Inc., d/b/a Par Funding (“Par Funding”) for a number of years, before it was taken over by a court-appointed receivership pursuant to a lawsuit filed by the U.S. Securities and Exchange Commission. LaForte was also ordered to pay $2,488,645 in restitution, representing the portion of investor proceeds that he illegally diverted from Par Funding’s numerous investors for his own use through sham merchant contracts and other self-dealing conduct.

    In February 2024, the defendant, his brother Joseph LaForte, Par Funding’s president and CEO, and Joseph Cole Barleta, Par Funding’s chief financial officer, were charged in an amended second superseding indictment with racketeering conspiracy and related crimes.

    James LaForte pleaded guilty in September 2024 to racketeering conspiracy, securities fraud, and extortionate collection of debt, as well as obstruction of justice, for his violent assault on one of the Par Funding receivership’s Philadelphia attorneys, and retaliation, for threatening several government witnesses.

    “James LaForte served as one of his brother’s enforcers,” said U.S. Attorney Metcalf. “He not only used threats of violence to collect on Par Funding’s debt, but stalked and assaulted an attorney, in retaliation for that man’s efforts to hold the LaForte family responsible for one of the largest financial frauds in Philadelphia’s history. As today’s sentence shows, this brand of brazen and violent lawbreaking simply won’t be tolerated in the Eastern District of Pennsylvania.”

    “Since its earliest days, the FBI has been dedicated to investigating complex financial crimes,” said Wayne A. Jacobs, Special Agent in Charge of FBI Philadelphia. “James LaForte participated in a criminal enterprise driven by greed and sustained through threats and violence. The FBI is proud to stand with our partners in the pursuit of justice — disrupting these schemes and ensuring restitution for victims.”

    “The defendant in this case was brought to justice for his participation in a criminal enterprise that caused significant financial harm to numerous investors,” said Special Agent in Charge Patricia Tarasca of the Federal Deposit Insurance Corporation Office of Inspector General (FDIC OIG), New York Region. “The FDIC OIG will continue to work with our law enforcement partners to pursue those who commit such egregious crimes that threaten investors and the safety and soundness of our Nation’s financial institutions.”

    Joseph LaForte also pleaded guilty in September 2024 to racketeering conspiracy, securities fraud, and related crimes and is scheduled to be sentenced on March 26, 2025. Barleta pleaded guilty in October 2024 to one count of racketeering conspiracy and is scheduled to be sentenced on June 2, 2025.

    This case was investigated by the FBI, Internal Revenue Service – Criminal Investigation, and the Federal Deposit Insurance Corporation Office of Inspector General, and prosecuted by Assistant United States Attorneys Matthew Newcomer, Samuel Dalke, and Eric Gill.

    The SEC in Florida investigated and litigated the civil securities fraud charges, which formed the basis of a portion of the Par Funding criminal prosecution.

    [1] On January 21, 2025, the Court found the Par Funding fraud scheme caused an actual fraud loss of approximately $404,000,000, which it reduced to $288,395,088 after factoring in credit for collateral seized from Par Funding by federal authorities when the investigation became public in July 2020.

    MIL Security OSI –

  • MIL-OSI Security: Man Found Guilty of Six Counts of Child Exploitation

    Source: Federal Bureau of Investigation (FBI) State Crime News

    SAN JUAN, Puerto Rico – After a five-day jury trial, Lionel Albino Galindo was found guilty of six counts of child exploitation. United States District Court Judge Maria Antongiorgi-Jordan presided over the trial.

    According to court documents, from February 2024 throughout March 19, 2024, Lionel Albino Galindo sexually exploited a 13-year-old female minor. The defendant used a cellular phone as well as internet instant messaging services, to knowingly persuade, induce, entice, and coerce a 13-year-old female minor, to engage in sexual activity, which includes the production of child pornography.

    During trial, the government presented evidence to prove that Albino Galindo knowingly transported the female minor to engage in sexual activity on several occasions and produced visual depictions of such conduct. The defendant also received child pornography from the female minor and sent obscene material to the minor.

    The jury found Lionel Albino Galindo guilty of one count of coercion and enticement of a minor; one count of transportation of a minor with intent to engage in criminal sexual activity; one count of sexual exploitation of children; one count for receipt of child pornography; one count for possession of child pornography; and one count of transfer of obscene material to a minor.

    The defendant faces the following possible sentences: for coercion and enticement and transportation of minor to engage in illicit sexual conduct, the defendant faces a mandatory minimum term of imprisonment of 10 years up to life; for sexual exploitation of children he faces a mandatory minimum term of imprisonment of 15 years up to 30 years; for possession of child pornography and transfer of obscene material  to a minor he faces up to 10 years; and for receipt of child pornography he faces five to 20 years in prison; all charges followed by a term of supervised release of no less than 5 years up to life. The sentencing hearing is scheduled for June 10, 2025, at 9:30 am. The defendant was ordered to remain under the custody of the Bureau of Prisons pending sentencing.

    “I commend the prosecutors, and our law enforcement partners for their hard work and dedication in bringing this child predator to justice,” said United States Attorney W. Stephen Muldrow of the District of Puerto Rico.

    “The FBI remains steadfast in its commitment to protecting our most vulnerable—our children,” said Devin Kowalski, Acting Special Agent in Charge of the FBI’s San Juan Field Office. “This verdict underscores the seriousness of crimes against minors and reinforces our dedication to holding offenders accountable. We will continue working with our law enforcement partners to ensure that those who prey on children face the full force of justice.”

    The FBI investigated the case with the collaboration of the Puerto Rico Police Bureau.

    Assistant US Attorney (AUSA) Jenifer Y. Hernández Vega, Chief of the Child Exploitation and Immigration Unit and AUSA Emelina Agrait Barreto prosecuted the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    ###

    MIL Security OSI –

  • MIL-OSI Security: U.S. Attorney’s Office Charges Over 230 Individuals for Immigration-Related Criminal Conduct in Arizona This Week

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    PHOENIX, Ariz. – During this week of enforcement operations from March 8, 2025, through March 14, 2025, the U.S. Attorney’s Office for the District of Arizona has brought immigration-related criminal charges against 232 defendants. Specifically, the United States filed 92 cases in which aliens illegally re-entered the United States, and the United States also charged 124 aliens for illegally entering the United States.  In its ongoing effort to deter unlawful immigration, the United States also filed 11 cases against 15 individuals responsible for smuggling illegal aliens into and within the District of Arizona. Protecting law enforcement officers is a key part of border vigilance, and federal prosecutors also charged one defendant for assaulting a Border Patrol agent.

    These cases were referred or supported by federal law enforcement partners, including Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), ICE Homeland Security Investigations (HSI), U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).

    Recent matters of interest include:

    United States v. Edwin Andres Valdez-Gutierrez: On March 12, 2025, a federal grand jury in Phoenix returned a two-count indictment against Edwin Andres Valdez-Gutierrez, an illegal alien and citizen of Mexico, for Assault on a Federal Officer and Reentry of Removed Alien. On February 10, 2025, federal officers from the United States Immigrations and Customs Enforcement (ICE) Special Response Team were investigating Valdez-Gutierrez’s unlawful presence in the United States. While ICE officers attempted to apprehend Valdez-Gutierrez, Valdez-Gutierrez reversed his vehicle into a vehicle occupied by ICE officers, causing significant damage. There were no injuries to the officers. Case No. CR-25-00392-PHX-DLR.

    United States v. Jorge Fontes-Garcia: On March 4, 2025, a federal grand jury in Phoenix returned a four-count superseding indictment against Jorge Fontes-Garcia, 25, an illegal alien from Sonora, Mexico, for Bringing an Illegal Alien to the United States Unlawfully Resulting in Death, Conspiracy to Bring Illegal Aliens to the United States Unlawfully, Bringing Illegal Aliens to the United States Unlawfully, and Reentry of Removed Alien. The superseding indictment alleges that on August 23, 2023, Fontes-Garcia acted as the foot guide, leading a group of eight aliens across the Mexico-United States border into southern Arizona. United States Border Patrol apprehended all but one of the illegal aliens in the open desert approximately 19 miles south of Tacna, Arizona. The remaining alien was found by Border Patrol agents shortly thereafter, already deceased due to excessive heat exposure. Case No. CR-23-01322-PHX-JAT.

    United States v. Carlos Rene Montes and Miguel Angel Sesma: Carlos Rene Montes, 32, a United States Citizen from Tucson, and Miguel Angel Sesma, 30, a legal permanent resident from Mexico living in Phoenix, were charged on Tuesday by federal criminal complaint with Conspiracy to Possess with the Intent to Distribute Fentanyl after agents seized a combined total of approximately 700,000 blue M30 pills from Sesma’s truck and Montes’ residence. According to the criminal complaint, on March 10, 2025, DEA Phoenix East Valley Drug Enforcement Task Force (EVDETF) investigators observed Montes drive a Jeep Grand Cherokee into a Phoenix store parking lot and park next to a white Ford F250 bearing Sonora license plates. After speaking briefly with Sesma, the driver of the Ford F250, Montes transferred factory-sealed packages of roofing shingles from his vehicle to the bed of the Ford F250. After Montes left the parking lot, EVDETF investigators conducted traffic stops on both the Jeep Cherokee and Ford F250. A Mesa Police Department Canine Detective conducted an open-air sniff of the Ford F250 and alerted to narcotics in the vicinity of the truck bed. Investigators searched Sesma’s truck and seized approximately 52 kilograms (114 pounds) of blue M30 pills laced with fentanyl, which were concealed in the roofing shingles. Sesma and Montes were subsequently placed under arrest. According to the criminal complaint, Montes advised investigators that he possessed more drugs at his residence in Tucson. During a consensual search of Montes’ residence, investigators seized approximately 14.68 kilograms of blue M30 pills (32 pounds) containing fentanyl. Case No. 25-MJ-6099-PHX-ASB.

    A criminal complaint and criminal indictment are simply methods by which a person is charged with criminal activity and raises no inference of guilt. An individual is presumed innocent until evidence is presented to a jury that establishes guilt beyond a reasonable doubt.

    CASE NUMBER:           CR-25-00392-PHX-DLR
                                          CR-23-01322-PHX-JAT
                                          25-MJ-6099-PHX-ASB           

    RELEASE NUMBER:    2025-036_March 14 Immigration Enforcement

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

     

    MIL Security OSI –

  • MIL-OSI USA: King, Collins Praise Passage of Bipartisan Bill to Combat Illicit Fentanyl Trafficking

    US Senate News:

    Source: United States Senator for Maine Angus King
    WASHINGTON, D.C. — U.S. Senators Angus King, a member of the Senate Armed Services Committee (SASC) and the Select Senate Committee on Intelligence (SSCI), and Susan Collins, Chair of the Senate Appropriations Committee and member of SSCI and the Health, Education, Labor and Pensions (HELP) Committee, today lauded the passage of bipartisan legislation that would crack down on illegal fentanyl trafficking. The Halt All Lethal Trafficking (HALT) of Fentanyl Act will permanently classify fentanyl-related substances (FRS) — any substance that is structurally related to fentanyl by one or more listed modifications — as Schedule I controlled drugs. These drugs have no current accepted medical use and have a high potential for abuse.
    A permanent scheduling classification of FRS is required to make penalties for drug-related crimes clear and enforceable under the Drug Enforcement Administration (DEA). The legislation would also streamline the process for scientists seeking approval from the U.S. Department of Health and Human Services (DHHS) to research those substances. The bill passed the Senate in a 84-16 vote.
    “Opioids like fentanyl have devastated families and communities across Maine and the country for far too long,” said Senator King. “As we continue working to combat the fentanyl and overdose crisis, commonsense bills like the HALT Fentanyl Act will pave a the way toward a safer tomorrow. I am thankful to my colleagues for putting partisanship aside and recommitting to keeping our families out of harm’s way.”
    “The fentanyl epidemic has devastated lives and wreaked havoc on communities all over the United States, including here in Maine,” said Senator Collins. “This bipartisan legislation will permanently classify fentanyl analogues as a Schedule I substance, ensuring law enforcement always has the tools they need to combat the scourge of fentanyl and hold cartels accountable.”  
    The Centers for Disease Control and Prevention (CDC) estimates that there were 107,543 overdose deaths in the United States in 2023. Fentanyl and fentanyl-related substances accounted for nearly 75,000 of those deaths. Since 1999, the overdose crisis has increasingly been characterized by deaths involving these illicitly manufactured synthetic opioids, which are commonly sold through illicit drug markets for their fentanyl-like effect, and are often mixed with heroin or other drugs, such as cocaine, or pressed in to counterfeit prescription pills. The New England Journal of Medicine estimated that 22 teenagers died of overdoses each week in 2022.
    Since 2013, Maine has experienced tragically significant growth in total deaths from fentanyl-related overdoses. In 2021, 77% of all drug overdoses in Maine were due to fentanyl. The University of Maine estimates fentanyl to be 25 times more potent than oxycodone and 50-100 times more potent than heroin.
    However, there have recently been positive downward trends for overdose deaths in Maine and nationwide. Overall, the CDC found that drug overdose deaths in the United States decreased by three percent in 2023, the first annual decrease since 2018. Drug overdose deaths in Maine decreased by nearly 16% over this same period; this was the first year-over-year reduction in fatalities since 2018. Provisional data from the CDC also shows that overdose deaths for last year decreased 25% nationwide and 24% in Maine.
    As a member of the Senate Armed Services Committee and Select Senate Committee on Intelligence, Senator King has previously supported legislation to combat illicit drug use and decrease overdoses. He is a cosponsor of the Synthetics Trafficking and Overdose Prevention Act, bipartisan legislation that is designed to stop dangerous synthetic drugs like fentanyl and carfentanil from being shipped through our borders. Senator King also cosponsored the INTERDICT Act, bipartisan legislation to help halt the flow of illicit fentanyl from Mexico, China and other nations around the world into the United States. During an open hearing of the Select Senate Intelligence Committee last year, Senator King pressed Avril Haines, the former Director of National Intelligence and Christopher Wray, the former Director of the Federal Bureau of Investigation (FBI), about what the intelligence community is doing to halt the flow of illicit drugs — including fentanyl — from Mexico, China and other nations into the United States.
    Senator Collins has also been working to combat the fentanyl epidemic for years. Senator Collins is a cosponsor of the FEND Off Fentanyl Act , which was signed into law last year. This bill disrupts the flow of fentanyl into the United States, including by requiring the President to sanction criminal organizations and drug cartels involved in trafficking fentanyl and its precursors. Last Congress, she also introduced the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act to crack down on fentanyl smuggling.

    MIL OSI USA News –

  • MIL-OSI USA: ICE worksite enforcement operation results in multiple arrests in Louisiana

    Source: US Immigration and Customs Enforcement

    NEW ORLEANS — U.S. Immigration and Customs Enforcement conducted a large-scale consensual worksite enforcement operation at Port of Lake Charles, Louisiana March 13, in support of an investigation into the illegal hiring of unauthorized employees by commercial and industrial general contractors currently engaged in a construction project within the Port of Lake Charles, a Critical Infrastructure and Key Resource location.

    As a result of the operation, 11 aliens were identified and arrested as working on the port and amenable to removal proceedings. The aliens came from Mexico, Nicaragua and Ecuador.

    This was an ICE HSI-led operation executed by the Homeland Security Task Force Louisiana with the support of ICE Enforcement and Removal Operations, U.S. Customs and Border Protection Office of Field Operations, CBP Border Patrol, FBI, Bureau of Alcohol, Tobacco, Firearms and Explosives, U.S. Coast Guard, USCG Investigative Service, the Louisiana State Police, the Calcasieu Parrish Sheriff’s Office, ​and the Lake Charles Harbor Police.

    Under federal law, employers are required to verify the identity and employment eligibility of all individuals they hire, and to document that information using the Employment Eligibility Verification Form I-9. ICE uses the I-9 inspection program to promote compliance with the law, part of a comprehensive strategy to address and deter illegal employment. Inspections are one of the most powerful tools the federal government uses to ensure that businesses are complying with U.S. employment laws.

    ICE’s worksite enforcement strategy includes leveraging the agency’s other investigative disciplines, since worksite investigations can often involve additional criminal activity, such as alien smuggling, human trafficking, money laundering, document fraud, worker exploitation and/or substandard wage and working conditions.

    MIL OSI USA News –

  • MIL-OSI Security: Tacoma Man with Lengthy Criminal History Pleads Guilty to Gun and Drug Charges

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    Defendant prohibited from possessing firearms due to prior convictions including one connected to gang gun battle in downtown Seattle in 2020

    Seattle – A Tacoma resident, who was previously charged and acquitted in state court in a 2020 downtown Seattle mass shooting, pleaded guilty today in federal court in Seattle to drug trafficking and illegal firearms possession, announced Acting U.S. Attorney Teal Luthy Miller. Marquise Tolbert, 29, of Tacoma, Washington, was arrested in June 2023, and has been in federal custody since that time. Tolbert is scheduled for sentencing by U.S. District Judge Tana Lin on June 18, 2025.

    According to records in the case, Marquise Tolbert admits he possessed a firearm on June 1, 2023. On that day Tolbert was arrested at this Tacoma address on a Washington Department of Corrections (DOC) warrant. A Ruger 5.7 pistol and loaded magazine were found in his residence. Tolbert is prohibited from possessing firearms due to a September 2022 conviction in King County Superior Court for illegally possessing a firearm.

    Investigators with the FBI Safe Streets task force, the DEA, and the Seattle Police Gun Violence Reduction Unit were investigating a drug trafficking organization when Tolbert and his coconspirators were heard on a wiretap discussing a shoot-out in Federal Way. From that point on, investigators worked to identify those who were possessing and using firearms as part of their criminal activity. Investigators heard Tolbert discussing his purchase of the Ruger firearm from another member of the conspiracy.  On the day he bought the gun law enforcement, surveilled Tolbert, followed him to his residence, arrested him, and secured the firearm.

    Additionally, the investigation determined that Tolbert was involved in distributing controlled substances including oxycodone that was being shipped to Washington State from Arizona.

    Illegal firearms possession is punishable by up to 15 years in prison. The drug distribution count is punishable by up to 20 years in prison. Under the terms of the plea agreement, prosecutors will recommend no more than seven years in prison for both counts of conviction. The actual sentence will be determined by Judge Lin after considering the sentencing guidelines and other statutory factors.

    In 2020, Tolbert was involved in a gang shootout at 3rd Avenue and Pine Street in downtown Seattle. One woman was killed, and seven other bystanders were injured in the gun battle. Tolbert was acquitted on murder and assault charges connected to the case. His attorney’s argued he was not the first to fire in the gang related shooting. He was convicted of illegal firearms possession.

    The case was investigated by the FBI, the Seattle Police Department, and the DEA as part of their focus on getting firearms off the streets.

    The case is being prosecuted by Assistant United States Attorneys Stephen Hobbs. 

    MIL Security OSI –

  • MIL-OSI Security: Heroin Dealer Sentenced to Prison

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    A man who sold heroin and cocaine on the street near Loras College in 2017 and 2018 was sentenced today to more than two years in federal prison.

    Willie Smith, age 27, from Chicago, Illinois, received the prison term after a September 25, 2024, guilty plea to one count of conspiracy to distribute cocaine and heroin within 1000 feet of Loras College, and one count of distribution of heroin within 1000 feet of Loras College.  At the guilty plea, Smith admitted he worked with others to sell cocaine and heroin out of a house near Loras College.

    Smith was sentenced in Cedar Rapids by United States District Court Chief Judge C.J. Williams.  Smith was sentenced to 33 months’ imprisonment and he must also serve a six-year term of supervised release after the prison term.  There is no parole in the federal system.

    Smith is being held in the United States Marshal’s custody until he can be transported to a federal prison.

    The case was prosecuted by Assistant United States Attorneys Patrick J. Reinert and Nicole Nagin and was investigated as part of the Organized Crime Drug Enforcement Task Force (OCDETF) program of the United States Department

    of Justice through a cooperative effort of the Federal Bureau of Investigation, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, Iowa Medical Examiner’s Office and the Dubuque Drug Task Force, comprised of Dubuque Police Department, Dubuque Sheriff’s Office. 

    Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl.

    The case file number is 22-CR-01021.

    Follow us on X @USAO_NDIA.

    MIL Security OSI –

  • MIL-OSI: Ethical Web AI Launches “AI Vault,” a Groundbreaking Enterprise SaaS Solution Designed to Protect Subscribers from Various AI Threats

    Source: GlobeNewswire (MIL-OSI)

    • Company Enters $1 Billion Marketplace Projected to Double by 2029
    • Advanced Beta Version is Being Demo’d to Major Prospective Partners
    • New Patent Filing, Company Infrastructure Build-out, Expected in 2Q-25

    NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) — Ethical Web AI (d/b/a Bubblr Inc.) (OTCQB: BBLR), a leader in Generative AI innovation, today announced that it has launched its groundbreaking Generative AI enterprise security product – AI VaultTM. AI Vault is a groundbreaking, generative AI-powered enterprise security software-as-a-service (SaaS) solution built upon Ethical Web AI’s growing AI intellectual property estate, including 3 US patents that have been developed over the past two years.

    As a further enhancement of this product launch, Ethical Web AI has filed a new US patent (app.no. 19055968) titled Sensitive Data Protection for Generative AI. This patent describes a key process of dynamically detecting sensitive terms in Generative AI prompts.

    As was previously outlined in its February 5 news release as the Company’s next strategic initiative, this enterprise-level SaaS product is designed to protect enterprises from emerging cyber threats posed by uncontrolled employee use of ChatGPT, DeepSeek, and their peers while ensuring clients’ sensitive information remains protected and confidential.

    Leveraging advanced generative AI, AI Vault enhances threat detection, response, and prevention with real-time redaction of the subscribers’ critical data. It has been designed specifically for AWS customers to become a seamless component of a scalable, secure Gen AI Marketplace enterprise proposition.

    Twenty-seven per cent of enterprises have banned generative AI applications such as ChatGPT, according to the 2024 Cisco Data Privacy Study published in January 2025. The productivity, process optimization, and customer service benefits expected from widespread, growing commercial and enterprise AI adoption are being lost or threatened by poorly understood and inadequately managed risks.

    Analysts at The Business Research Company project the Generative AI-in-security addressable market to see exponential growth in the next few years – from $0.8 billion in 2024 to $2.04 billion in 2029 at a compound annual growth rate (CAGR) of 20.6%. Its report states, “The growth in the historical period can be attributed to the rise in cyber threats, the big data explosion, the development of generative models, new security challenges due to the vast number of connected devices, and real-time threat detection and response.”

    According to Fortune Business Insights, the broader, US generative AI market size was valued at $21.87 billion in 2023 and is projected to reach an estimated value of $220.27 billion by 2032, “driven by technological advancements, increased cloud adoption, demand for automation, and significant venture capital investments.”

    Commenting on the AI Vault launch, Chief Executive Officer Tom Symonds said, “We’re thrilled to introduce a uniquely smart and feature-rich security solution for cloud-based enterprise users of generative AI. With 27 per cent of enterprises banning their employees’ use of AI, we are offering a highly cost-effective, seamlessly integrated solution that we are confident will accelerate AI adoption globally by ensuring its privacy and safety.”

    “We are privately demonstrating AI Vault in beta to highly prospective partners. Going forward, as we are approaching commercialization, we expect to publish our detailed demo program in the next few weeks,” Mr. Symonds added. “We are making solid progress building out a deliberately lean but robust corporate infrastructure to include adding a Chief Revenue Officer, publishing a new investor presentation deck, and upgrading our website content for clients and shareholders.”

    How AI Vault Works
    AI Vault serves as a secure generative AI aggregator, ensuring that third-party content providers (such as OpenAI) cannot trace the origin of user prompts. This anonymization guarantees complete confidentiality for enterprise users. Further, its Automated Redaction Engine instantly redacts sensitive terms in communications and logs, ensuring compliance and confidentiality.

    Key AI Vault Features

    • AI-Driven Threat Intelligence: Uses generative AI to analyze vast datasets and identify patterns indicative of cyber threats.
    • Real-Time Anomaly Detection: Continuously monitors network activity to detect and neutralize threats before they cause harm.
    • Adaptive Security Framework: Evolves with emerging threats, ensuring long-term protection against AI-powered cyberattacks.

    Key AI Vault Benefits

    • Bundled AI Licenses with Secure Architecture
      Unlike other solutions that require businesses to procure separate generative AI licenses, AI Vault provides cost-effective pre-integrated AI licenses as part of its turnkey package.
    • Fully Encrypted Enterprise Deployment
      AI Vault operates within a dedicated AWS environment for each client, containerizing product components — including an AWS RDS instance that stores all AI-generated prompts and responses.
    • Advanced-Data Redaction & Contextual Sensitivity Detection
      AI Vault uniquely identifies explicitly defined sensitive terms and suggests additional potentially sensitive terms through LLM-based Named Entity Recognition (NER).
    • Patent-Protected Secure Workflow
      AI Vault executes a structured, end-to-end anonymized process.
    • Multimedia Integration and Real-Time Data Handling
      AI Vault provides rapid, turnkey, effortless deployment requiring no bespoke integration into existing infrastructure.
    • Cost-Effective and Scalable
      As an aggregated AI solution, AI Vault not only enhances security but also reduces generative AI costs by 25 per cent.

    About Ethical Web AI
    Ethical Web AI is an AI-based cybersecurity technology company currently commercializing its enterprise AI VaultTM solution. Built upon its powerful IP and patent estate, it is the first in a planned suite of SaaS products to champion a private, safe, and high-value AI experience.

    AI Vault initially targets the global enterprise marketplace with innovative solutions that protect businesses from advanced threats.

    Media and investor contact – tom.symonds@ethicalweb.ai

    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management. They are subject to several uncertainties and risks that could significantly affect the Company’s current plans and expectations, future operations, and financial condition. The Company reserves the right to update or alter its forward-looking statements, whether due to new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI USA: ICE Newark, law enforcement partners arrest illegal alien with arrest warrants

    Source: US Immigration and Customs Enforcement

    NEWARK, N.J. — U.S. Immigration and Customs Enforcement, with assistance from local and federal partners, apprehended Ismail Sayik, a citizen of Turkey illegally present in the United States, March 4 during a routine enforcement operation in New Jersey.

    Sayik, 29, has three arrest warrants overseas, including for allegation of murder, and is currently in ICE custody pending removal proceedings.

    “Once the ICE Homeland Security Investigations attaché office in Turkey alerted HSI Newark that a person of interest overseas was in New Jersey illegally, our team was quick to respond, identify the suspect and arrest him in Queens, New York,” said ICE Homeland Security Investigations Newark Special Agent in Charge Ricky J. Patel. “We are grateful for the entire federal partnership, specifically the FBI and it’s Drug Enforcement Administration for their support to the ICE mission focused on safeguarding our homeland from criminals unlawfully hiding out in our neighborhoods.”

    U.S. Border Patrol arrested Sayik on March 17, 2023, at or near Jacumba, California, after he illegally entered the United States. USBP served Sayik a notice to appear before a Department of Justice immigration judge.

    USBP released Sayik on an Order of Recognizance pending removal proceedings and instructed him to reported to nearest to the nearest ICE office.

    On April 5, 2023, Sayik reported to ICE New York as instructed.

    Personnel with ICE Newark arrested Sayik in Sunnyside, New York, on March 4, and detained him in ICE custody pending removal proceedings.

    MIL OSI USA News –

  • MIL-OSI Security: FBI Marks the 75th Anniversary of the FBI’S “Ten Most Wanted Fugitives” List

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Today, Special Agent in Charge Steve Jensen, marks the FBI’s commemoration of the 75th Anniversary of the “Ten Most Wanted Fugitives” list.

    This initiative is designed to publicize particularly dangerous fugitives and enlist the public to assist the FBI in locating them. It is an extremely important law enforcement tool, and media and public involvement is crucial to its success. At a minimum, a reward of up to $250,000 is offered by the FBI for information which leads directly to the arrest of a “Ten Most Wanted Fugitive.”

    The “Ten Most Wanted Fugitives” list began from a newspaper story in late 1949. A reporter for the International News Service asked the FBI for the names and descriptions of the “toughest guys” the FBI would like to capture. The story had such widespread appeal and generated so much positive publicity that on March 14, 1950, former FBI Director J. Edgar Hoover implemented the “Ten Most Wanted Fugitives” program. Since the time of its inception, 496 have been apprehended or located.

    Since March 14, 1950, the FBI Columbia field office has added three fugitives to the “Ten Most Wanted Fugitives” list. Joseph Francis Bryan, Jr. was the first fugitive from the Columbia field office to be placed on the list, April 14, 1964, for Unlawful Flight to Avoid Prosecution stemming from a kidnapping case. He was captured on April 28, 1964. Joseph Martin Luther Gardner was the last fugitive from the Columbia Field Office to be placed on the list, May 25, 1994, for Unlawful Flight to Avoid Prosecution stemming from a murder case. He was captured on October 19, 1994.

    Information about the “Ten Most Wanted Fugitives” list can be found on the www.fbi.gov/wanted/topten; @FBIMostWanted on X, Facebook and Instagram; FBI’s YouTube page; on the FBI Wanted mobile app (available for download on Apple and Android devices); and featured on episodes of Inside the FBI Podcast series. As technology continues to advance and innovative applications surface, the FBI will continue to utilize all the tools available to publicize fugitives and engage the public in helping to locate them.

    MIL Security OSI –

  • MIL-OSI Security: FBI Sacramento Marks the 75th Anniversary of FBI’S Ten Most Wanted Fugitives List

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    Today, FBI Sacramento Field Office Special Agent in Charge Sid Patel marks the FBI’s commemoration of the 75th anniversary of the Ten Most Wanted Fugitives list. “The FBI’s Top Ten Most Wanted Fugitive’s List has helped the media and public be informed and engaged in the effort to locate and apprehend some of our nation’s most dangerous criminals,” said Patel. “We are grateful to all who have provided tips. Their commitment to justice and community safety is to be commended.”

    The FBI’s Top Ten Most Wanted Fugitives initiative is designed to publicize particularly dangerous fugitives and enlist the public to assist the FBI in locating them. It is an extremely important law enforcement tool, and media and public involvement is crucial to its success. At a minimum, a reward of up to $250,000 is offered by the FBI for information that leads directly to the arrest of a Ten Most Wanted Fugitive.

    The Ten Most Wanted Fugitives list was borne from a newspaper story in 1949. A reporter for the International News Service asked the FBI for the names and descriptions of the “toughest guys” the FBI would like to capture. The story generated so much positive publicity that on March 14, 1950, former FBI Director J. Edgar Hoover implemented the “Ten Most Wanted Fugitives” program. Since the list’s inception, 496 individuals wanted by the FBI have been apprehended or located.

    Since March 14, 1950, eighteen fugitives from the 34-county region the FBI Sacramento Field Office serves have been added to the Ten Most Wanted Fugitives list, including escaped federal prisoners, burglars, murderers, and bank robbers.

    • Howard Jay Barnard was the first fugitive from the region to be added to the list on April 12, 1963. The escapee was apprehended in Sacramento on April 6, 1964, when fleeing a robbery.
    • Glen Stewart Godwin, an escapee, was added to the list on December 7, 1996. He was removed from the list due to the fact he no longer met with FBI Top Ten Fugitives list criteria but remains wanted by the FBI.
    • Nikolay Soltys, who was wanted for fleeing to avoid prosecution for the murder of six of his family members in Sacramento, was the last fugitive placed on the list on August 23, 2001. He was apprehended in Citrus Heights on August 30, 2001.

    Information about the Ten Most Wanted Fugitives list can be found on the www.fbi.gov/wanted/topten; @FBIMostWanted on X, Facebook and Instagram; the FBI’s YouTube page; on the FBI Wanted mobile app (available for download on Apple and Android devices); and featured on episodes of Inside the FBI podcast series. As technology continues to advance and innovative applications surface, the FBI will continue to utilize all the tools available to publicize fugitives and engage the public in helping to locate them.

    MIL Security OSI –

  • MIL-OSI Security: Six South Florida Law Enforcement Officers Graduate FBI National Academy

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    Brett Skiles, the acting special agent in charge of FBI Miami, announces the graduation of six South Florida law enforcement officers from the FBI National Academy, Session 293, at a ceremony held in Quantico, Virginia, today.

    The officers are:

    • Boca Police Department Assistant Chief Juan Pijuan;
    • Broward County Sheriff’s Office Lieutenant Colonel Samuel Samaroo;
    • Coast Guard Investigative Service Supervisory Special Agent Brandon Maddox;
    • Florida International University Police Department Major James Mesidor;
    • Palm Beach Police Department Major John Scanlan;
    • Palm Beach Sheriff’s Office Captain Nichole Addazio.

    As FBI National Academy graduates, these officers enter a select group made up of less than one percent of the country’s law enforcement officers. They were hand-picked by their departments and, along with about 200 other officers, completed the 10-week course at the FBI training facility in Quantico, Virginia. Internationally known for its academic excellence, the National Academy offers advanced communication, leadership, and fitness training.

    The FBI National Academy is dedicated to the improvement of law enforcement standards and has long been a benchmark for professional continuing education. Participants are drawn from every state in the union, from U.S. territories, and from over 150 partner nations. Police officers who attend the Academy return to their communities better prepared to meet criminal challenges.

    The overall goal of the Academy is to support, promote, and enhance the personal and professional development of law enforcement leaders by preparing them for complex, dynamic, and contemporary challenges through innovative techniques, facilitating excellence in education and research, and forging partnerships throughout the world.

    The academy was created in 1935 with 23 students in the first class. It has grown over the years to the current enrollment of about 1,000 students a year. The FBI National Academy is one of the premier law enforcement academies in the world.

    For more information about the FBI National Academy: https://www.fbi.gov/services/training-academy/national-academy

    MIL Security OSI –

  • MIL-OSI Security: Stephenson County, Illinois, Man Indicted for Sexual Exploitation of Children

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    ROCKFORD — A Stephenson County, Ill. man was indicted on Tuesday by a federal grand jury in Rockford for sexual exploitation of children.

    COLLIN T. ZIER, 39, of Lena, Ill., was charged with one count of producing child pornography, one count of transporting child pornography, one count of receiving child pornography, and one count of possessing child pornography.

    The count of producing child pornography carries a mandatory minimum sentence of 15 years in federal prison and a maximum of 30 years. The counts of transporting and receiving child pornography each carry a mandatory minimum sentence of five years and a maximum of 20 years. The count of possessing child pornography carries a maximum sentence of ten years.

    The indictment was announced by Morris Pasqual, Acting United States Attorney for the Northern District of Illinois, and Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Office of the FBI. The Stephenson County Sheriff’s Office assisted in the investigation. The government is represented by Assistant U.S. Attorney Jonathan S. Kim.

    The public is reminded that an indictment contains only charges and is not evidence of guilt. The defendant is presumed innocent and is entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat child sexual exploitation and abuse. PSC marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children, while also providing critical services to victims.

    If you believe you are a victim of sexual exploitation, you are encouraged to contact the National Center for Missing and Exploited Children by logging on to https://www.missingkids.org/ or calling 1-800-843-5678. The service is available 24 hours a day, seven days a week.

    MIL Security OSI –

  • MIL-OSI Security: San Francisco Tow Company Operator Indicted in Scheme to Burn Competitors’ Tow Trucks Throughout the Bay Area

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Defendant Allegedly Conspired to Set Fire to Tow Trucks to Drive Business to His Towing Companies and to Retaliate Against Competitors

    SAN FRANCISCO – A federal grand jury has indicted Jose Vicente Badillo on one count of conspiracy to commit arson in connection with an alleged scheme to burn tow trucks throughout the San Francisco Bay Area in 2023.  Badillo made his initial appearance in federal district court this morning.

    According to the indictment unsealed earlier today, Badillo, 29, of San Francisco, conspired with others to set fire to at least six tow trucks on four occasions between April 2023 and October 2023.  Specifically, Badillo and his co-conspirators allegedly set fire to and damaged or destroyed (i) two tow trucks in San Francisco on April 4, 2023; (ii) one tow truck in San Francisco on April 29, 2023; (iii) one tow truck in East Palo Alto on July 25, 2023; and (iv) two tow trucks in San Francisco on Oct. 3, 2023.

    The indictment describes that the purpose of the conspiracy was, among other things, to drive more business to two Bay Area-based towing companies with which Badillo was associated—Auto Towing and Specialty Towing—by impeding the business prospects of competitor towing companies, and to retaliate against those same competitors for perceived wrongs.  Badillo allegedly orchestrated the conspiracy and then directed others to set fire to the targeted tow trucks.

    Badillo is next scheduled to appear in district court on March 20, 2025, at 10:30 a.m., before U.S. Magistrate Judge Sallie Kim for arraignment and identification of counsel.  Badillo is facing unrelated federal charges of money laundering and insurance fraud in two other pending cases.

    Acting United States Attorney Patrick D. Robbins, FBI Special Agent in Charge Sanjay Virmani, and IRS Criminal Investigation (IRS-CI) Special Agent in Charge of the Oakland Field Office Linda Nguyen made the announcement.

    An indictment merely alleges that a crime has been committed, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt. If convicted, Badillo faces a maximum sentence of 20 years in prison and a fine of $250,000.  Any sentence following conviction would be imposed by the court only after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    Assistant U.S. Attorney Nicholas M. Parker is prosecuting the case with the assistance of Andy Ding and Laurie Worthen. The prosecution is the result of an investigation by the FBI and IRS-CI.  This investigation is assigned to the FBI SF Transnational Organized Crime Task Force, an interagency task force targeting sophisticated organized crime syndicates that engage in, among other offenses, violent crimes, extortion, fraud, arson, and drug trafficking.  The U.S. Attorney’s Office, the FBI, and IRS-CI thank the San Francisco Police Department for its substantial assistance and support in this investigation.

    Jose Vicente Badillo Indictment
     

    MIL Security OSI –

  • MIL-OSI Security: New Orleans Woman Sentenced for Federal Controlled Substances Act Violations and Money Laundering

    Source: Federal Bureau of Investigation (FBI) State Crime News

    NEW ORLEANS, LOUISIANA – BRANDIE ROWE (“ROWE”), age 37, a resident of New Orleans, was sentenced on March 12, 2025, after previously pleading guilty to conspiracy to distribute, and possess with intent to distribute, a quantity of cocaine, heroin, and fentanyl, and conspiracy to launder monetary instruments, announced Acting U.S. Attorney Michael M. Simpson.  ROWE was sentenced to thirty-six months imprisonment, three years of supervised release, and a $200 mandatory special assessment fee.

    According to court documents, ROWE and other co-conspirators distributed multi-kilogram quantities of cocaine, fentanyl, and heroin within the Eastern District of Louisiana.  Additionally, ROWE and the co-conspirators traveled between New Orleans, and other states, in order to transport U.S. Currency and narcotics on behalf of a Drug Trafficking Organization.

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation.  OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This investigation was led by the Drug Enforcement Administration – New Orleans Field Division Office and was assisted by the Federal Bureau of Investigation, the United States Border Patrol, the Gretna Major Crimes Task Force, the Kenner Police Department, the Jefferson Parish Sheriff’s Office, the St. John’s Parish Sheriff’s Office, the Orleans Parish Sheriff’s Office, and the New Orleans Police Department.  The prosecution was handled by Assistant United States Attorney Lynn E. Schiffman of the Narcotics Unit.

    MIL Security OSI –

  • MIL-OSI Security: Former Baltimore City Council Candidate Convicted of Bank Fraud and False Statements in Connection with Scheme to Obtain Nearly $1.7 Million in Economic Injury Disaster Loans and Paycheck Protection Program Loans

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Henson used the fraudulently obtained funds for cosmetic surgery, extensive renovations to her home and the home of a family member, funding new business adventures—including a used car dealership that never opened—and a cryptocurrency she had created.

    Baltimore, Maryland – After a one-week trial, a federal jury found Nichelle Henson, age 38, of Baltimore, Maryland, guilty of making false statements and for bank fraud in connection with fraudulent applications Henson filed to obtain Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP) loans in the names of multiple purported businesses that she had previously incorporated in the state of Maryland.  

    The trial conviction was announced by United States Attorney for the District of Maryland Kelly O. Hayes; Special Agent in Charge William J. DelBagno of the Federal Bureau of Investigation, Baltimore Field Office; and Brian D. Miller, Special Inspector General for Pandemic Recovery (SIGPR).

    According to the evidence presented at trial, Henson incorporated several businesses with the State of Maryland, including Crowns Construction, LLC; Nichelle Henson Campaign, LLC; One Stop for Services, LLC; Your Friendly Tax Preparation Services, LLC; Women Entrepreneurs Can Succeed, LLC, and Peace of Mind Services, Inc.  The Defendant opened bank accounts in the names of some of her businesses and obtained Tax Identification Numbers (TINs) from the Internal Revenue Service (IRS) for the businesses.

    In 2020 and 2021, she submitted six fraudulent EIDL applications to the SBA for her various businesses that contained false information concerning each business’s gross receipts, costs of goods sold, and number of employees.  At the time of the submissions, none of the businesses were operating, and none of the businesses had any employees.  As a result of the applications, Henson received $18,000 in United States Treasury funds from the SBA.  

    Financial assistance offered through the CARES Act included forgivable loans to small businesses for job retention and certain other expenses, through the PPP, administered through the Small Business Administration (SBA).  The SBA also offered an EIDL and/or an EIDL advance to help businesses meet their financial obligations.  An EIDL advance did not have to be repaid, and small businesses could receive an advance, even if they were not approved for an EIDL loan. The maximum advance amount was $10,000.

    During this same period, Henson submitted 12 fraudulent PPP loan applications to three SBA-approved lenders for her various purported businesses.  Each of these applications contained false information about each business’s number of employees and average monthly payroll, and each was supported by purported IRS tax forms listing employees and wages that were, in fact, never filed with the IRS. 

    Between April 30, 2020 and June 29, 2020, Henson submitted six PPP applications for her various businesses.  One of these businesses was called Nichelle Henson Campaign (the “Campaign”), an entity that was meant to fund Henson’s run for Baltimore City Council.  However, at the time of the submission of the application for the Campaign on May 10, 2020, Henson had withdrawn her candidacy – approximately six months earlier, on November 19, 2019.

    Another entity was called Crowns Construction, a purported construction business located in Baltimore City.  This business did not exist in any capacity, and the address used on the PPP loan application was nothing more than a vacant lot.  In support of the application for this business, Henson included a fabricated Baltimore Gas & Electric that purported to be for Crowns Construction but was in fact a bill belonging to a neighbor of Henson’s that she had scanned and then doctored using a PDF editing tool.  

    Henson ultimately obtained $998,590 as a result of these six fraudulent applications. On January 19, 2021, Henson submitted six more fraudulent PPP loan applications—this time to M&T Bank—for each of her six purported businesses.  Each of these applications contained lies about the existence of each business, the number of their employees, and payroll paid.  And each application was supported by fabricated tax documents never filed with the IRS.  M&T funded five of the six loans, transferring $676,250 in PPP funds to Henson. Shortly thereafter Henson went to an M&T branch in Baltimore and withdrew $5,000 cash from each of her five M&T accounts where the PPP funds flowed.  M&T thereafter froze Henson’s accounts and notified law enforcement about the suspected fraud.

    Henson used the EIDL and PPP loan funds to support businesses other than the borrowers, such as Wyse Rides, a used car business Henson attempted to open in Dundalk, Maryland.  The business never opened. Henson used the PPP funds she received in multiple ways impermissible under the PPP, including for cosmetic surgery, for extensive renovations to her home and a family member’s home, to pay a year’s rent for her personal home, to pay a year’s rent for a new business venture, and to fund other new business ventures, including a used car dealership—which never opened—and to create a cryptocurrency called Subina Coin and, relatedly, to fund an entity called the “Adageyhdi Indian Nation.”

    In total, Henson obtained $1,694,451 in connection with her scheme to defraud.  

    Henson faces a maximum possible sentence of 30 years in federal prison for each count of Bank Fraud, and a maximum possible sentence of 5 years in prison for each count of False Statements.  U.S. District Judge Matthew J. Maddox has scheduled sentencing for August 5, 2025 at 10:00 a.m.  She will be required to pay restitution to the SBA and the victim financial institutions.  

    The District of Maryland Strike Force is one of five strike forces established throughout the United States by the U.S. Department of Justice to investigate and prosecute COVID-19 fraud, including fraud relating to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.  The CARES Act was designed to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  The strike forces focus on large-scale, multi-state pandemic relief fraud perpetrated by criminal organizations and transnational actors.  The strike forces are interagency law enforcement efforts, using prosecutor-led and data analyst-driven teams designed to identify and bring to justice those who stole pandemic relief funds. 

    For more information on the Department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.  Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form. 

    United States Attorney Kelly O. Hayes commended the FBI and the Office of the Special Inspector General for Pandemic Recovery, which conducted the investigation on behalf of the Pandemic Response Accountability Committee (PRAC) Fraud Task Force, for their work in the investigation. Ms. Hayes thanked Assistant U.S. Attorneys Paul Riley and Joseph Wenner, who are prosecuting the federal case, and Paralegal Specialist Julie Jarman. 

    For more information on the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Seven Detroit Men Charged for Drug Distribution, Illegal Possession of Weapons, and Money Laundering

    Source: Federal Bureau of Investigation (FBI) State Crime News

    DETROIT – Seven men have been charged in a forty-three-count indictment alleging conspiracy to distribute controlled substances, weapons charges, and money laundering, Acting United States Attorney Julie A. Beck announced.

    Beck was joined in the announcement by Chevoryea Gibson, Special Agent in Charge of the Federal Bureau of Investigations (FBI), Detroit Field Office, and Charles E. Miller, Special Agent in Charge of Internal Revenue Service Criminal Investigation (IRS-CI), Detroit Field Office.

    Tary Holcomb (age 52), Maurice Hill (56), James Thomas (47), Curtis Weathers (52), Jason Ford, Conrad Taylor (48), and Shantonio Brooks (49), all of Detroit, were charged with conspiracy to distribute and possess with the intent to distribute a myriad of controlled substances, including cocaine, crack cocaine, heroin, and fentanyl. If convicted of the conspiracy charge, each of the men faces a mandatory prison sentence of at least 10 years. Holcomb and Thomas each face additional charges for possessing firearms in furtherance of drug trafficking crimes, while Holcomb also faces charges for being a felon in possession of a firearm, and for money laundering activities dating back to January 2023.

    This case is assigned to Judge Edmunds of the United States District Court for the Eastern District of Michigan.

    An indictment is only a formal charging document and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

    “This case is an example of our zealous commitment to identify and dismantle local drug trafficking organizations that wreak havoc in our community by distributing harmful substances, illegally amassing weapons, and laundering illicit proceeds. This activity puts far too many at risk, and it will not be tolerated in our district,” Acting U.S. Attorney Beck said.

    “The indictment of seven men, accused of conspiring to distribute drugs, illegally possess firearms, and engage in money laundering, was successfully halted due to the tireless and meticulous investigative efforts by our dedicated team at the FBI Detroit Field Office, in close collaboration with our law enforcement partners at the IRS Criminal Investigation. This operation underscores our commitment to protecting the safety of Michigan’s communities,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “The FBI is unwavering in its mission to investigate and hold accountable those who threaten the well-being and security of our residents, ensuring a safer Michigan for all.”

    “Federal laws that regulate the reporting of financial transactions are in place to detect and stop illegal activities, such as the drug trafficking and money laundering charges levied today,” said Charles Miller, Special Agent in Charge, Detroit Field Office, IRS Criminal Investigation. “CI is committed to enforcing these laws and following the money, wherever it leads.”

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This case was investigated by agents from FBI’s Detroit Organized Crime Squad and IRS-CI along with the assistance of U.S. Customs and Border Protection and is being prosecuted by Assistant U.S. Attorney Erin Ramamurthy. 

    MIL Security OSI –

  • MIL-OSI Security: Great Falls businessman sentenced for tax and investment fraud

    Source: Office of United States Attorneys

    ALEXANDRIA, Va. – A Great Falls man was sentenced today to six years and six months in prison for tax crimes and his wire fraud scheme.

    According to court documents and statements made in court, Rick Tariq Rahim, 56, owned and operated several businesses, including laser tag facilities and an Amazon reseller. From 2015 to 2021, Rahim did not pay the IRS the taxes withheld from his employees’ paychecks or file the required quarterly employment tax returns reporting those withholdings.

    Between October 2010 and October 2012, Rahim filed two personal income tax returns on which he reported owing substantial taxes, but did not pay all the taxes due. When the IRS attempted to collect the unpaid taxes, Rahim submitted a false statement that omitted valuable assets he owned, including a helicopter, a Bentley, a Lamborghini, and real estate in Great Falls. Approximately two weeks later, Rahim transferred ownership of the Great Falls property to his wife. He also paid personal expenses from his business bank accounts, including more than $889,000 toward his mortgages and more than $669,000 to purchase or lease cars, including three different Lamborghinis. Rahim withdrew more than $1.1 million in cash in amounts less than $10,000 to avoid triggering currency transaction reports from the bank. Rahim has not filed a personal income tax return since 2012 despite earning more than $34 million in gross income.

    In total, Rahim caused a loss to the IRS of at least $4.4 million.

    Rahim also defrauded customers who invested using his automated trading bots and by “copying” Rahim’s supposed trading activities that he posted to Discord. He marketed his products on websites named BotsforWealth, TradeAutomation, ProChartSignals, OptionCopier, CopyAndWin, SnipeAlgo, and QQQtrade. Rahim charged customers a subscription fee to access his bots and other software, and to copy his supposed trades. Rahim also offered a “lifetime membership” through which customers received access to Rahim’s private Discord channel, some of his products, and his “in-office” trading days. Rahim personally traded stocks for at least two individuals, claiming “We’ll hit home runs and make $500k+ per day very very often.” Instead, Rahim lost over $300,000 of his clients’ funds in eight months.

    Rahim induced customers to subscribe to his products by using social media tools, including TikTok, YouTube, and Discord. He also sought to induce customers by claiming he was extremely wealthy, boasting about trading millions of dollars and posting about his large home, pool, and luxury cars, including his Lamborghini. He posted false information to his websites and to his social media accounts claiming to “beat the stock market every day” and promising extreme profit margins. His claim of regularly beating the market was exaggerated. In reality, he did not post his trades that lost money. In fact, Rahim realized over $500,000 in losses from February 2021 through December 2022, and did not earn millions in the market during this time as he had claimed. As part of his fraud scheme, Rahim also created at least 20 Discord user profiles where he posted emojis, likes, and symbols showing agreement and excitement regarding Rahim’s posts. Rahim earned at least $1,397,000 in subscription fees during his schemes.

    In addition to Rahim’s prison sentence, he agreed to forfeiture of over $1.3 million and must pay restitution to the IRS and to his investment fraud victims.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia, and Karen E. Kelly, Acting Deputy Assistant Attorney General of the Justice Department’s Tax Division, made the announcement.

    IRS Criminal Investigation investigated Rahim’s tax fraud and FBI investigated his investment fraud. The case was consolidated for sentencing.

    Assistant U.S. Attorney Kimberly Shartar for the Eastern District of Virginia and Trial Attorneys William Montague and Ashley Stein of the Tax Division prosecuted Rahim for his tax fraud. Assistant U.S. Attorney Shartar prosecuted Rahim for his investment fraud.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case Nos. 1:23-cr-173 (Rahim’s Tax Fraud Case) and 1:24-cr-179 (Rahim’s Investment Fraud Case).

    MIL Security OSI –

  • MIL-OSI Security: Former Bookkeeper Accused of Embezzling At Least $400,000 From Church

    Source: Office of United States Attorneys

    ST. LOUIS – The former parish secretary and bookkeeper of a DeSoto, Missouri church turned herself in Friday to face an accusation that she embezzled at least $400,000.

    Corie M. Boyer, 49, of Jefferson County, Missouri, was indicted March 6 in U.S. District Court in St. Louis on four counts of wire fraud and two counts of money laundering. She pleaded not guilty in court Friday afternoon.

    The indictment says Boyer was responsible for maintaining the parish’s books and records, organizing certain parish fundraisers and assisting in the collection and counting of the weekly offertory. From at least January of 2017 through March of 2024, Boyer stole at least $400,000 in parish funds in multiple ways, the indictment says. She used parish funds to pay her personal credit card bills and used parish credit cards for personal expenses including airfare for herself and relatives, cruises, college tuition payments, shopping, taxes and rent, the indictment says. She also wrote checks to herself and stole cash from the offertory, and she covered up her thefts by falsifying parish records, the indictment says.

    Wire fraud is punishable by up to 20 years in prison, a $250,000 fine or both. Money laundering is punishable by up to 10 years in prison and the same fine.

    A charge set forth in an indictment is merely an accusation and does not constitute proof of guilt.  Every defendant is presumed to be innocent unless and until proven guilty.

    The FBI and IRS – Criminal Investigation investigated the case. Assistant U.S. Attorney Jonathan Clow is prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Jury Convicts Hayward Man of Bankruptcy Fraud and Contempt of Court

    Source: Office of United States Attorneys

    Bernard Seidling Hid Millions in Assets During Bankruptcy and Disobeyed Bankruptcy Court Injunction

    MADISON, WIS. – A Hayward, Wisconsin, man has been convicted of two counts of bankruptcy fraud and one count of criminal contempt of court. Bernard Seidling, 73, also of Key West, Florida, was convicted following a four-day trial in federal court in Madison. The jury reached a verdict yesterday afternoon after about five hours of deliberation. The guilty verdict is announced by Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin.

    “Fraud threatens the free and fair markets upon which our economy is based. Moreover, fraud against the Court—in this case, the Bankruptcy Court—has the potential to undermine public trust in the fairness of the courts. This case reflects my office’s commitment to prosecuting financial crime and protecting the integrity of the bankruptcy system,” said U.S. Attorney O’Shea. “I am grateful for our partnership with the U.S. Trustee’s Office and I commend our federal and state law enforcement partners, the FBI, the Wisconsin Department of Justice, and the U.S. Postal Inspectors.”

    “The FBI is unwavering in its commitment to holding individuals like Mr. Seidling accountable,” stated FBI Milwaukee Special Agent in Charge Michael Hensle. “Criminal bankruptcy fraud threatens the integrity of our legal processes, and the FBI remains committed along with our law enforcement partners in bringing those to justice who would abuse and exploit the bankruptcy system.”

    Seidling filed for bankruptcy in 2022. He falsely stated he had no real estate, retirement accounts, trusts, partnerships, or business-related property, and that he had only one deposit account with a balance of $195. Through 25 witnesses and 115 exhibits, the government established Seidling had millions of dollars in personal and business assets, many of which were hidden behind trusts and partnerships. As one example, the day he filed bankruptcy, Seidling had four bank accounts in the names of trusts and a partnership with a combined balance of more than $3,000,000. In 2023, law enforcement executed a search warrant at Seidling’s Hayward residence and located over $100,000 in cash and over $4,000,000 in uncashed cashier’s checks, most of which were drawn on business bank accounts but made payable to Seidling.

    The government also proved Seidling defrauded the bankruptcy court and the bankruptcy trustee by falsely representing that he could not meaningfully participate in the bankruptcy case due to his physical and mental health. This stalled the trustee’s efforts to identify and liquidate Seidling’s assets for the benefit of his creditors. During the period of Seidling’s alleged incapacitation, he continued to manage his businesses, conduct banking activity, and play tennis. He also represented himself and participated in state court litigation.

    The government also proved Seidling violated an order issued by the bankruptcy court. A November 2023 injunction prohibited Seidling from transferring or dissipating assets held by 37 of Seidling’s businesses, plus any other business entity Seidling was associated with. The injunction further prohibited Seidling from directing or instructing anyone else to transfer assets. Seidling violated the injunction by transferring real estate and draining bank accounts. He hid more than $1,000,000 in cash in a crawl space under his house. Seidling also used an unwitting individual to transfer a parcel of real estate.      

    Chief U.S. District Judge James D. Peterson scheduled sentencing for June 11, 2025. Seidling faces a maximum penalty of five years in prison for each count of bankruptcy fraud. There is no maximum penalty for criminal contempt of court.

    The case was investigated by the Federal Bureau of Investigation, Wisconsin Department of Justice Division of Criminal Investigation, and the United States Postal Inspection Service. The United States also received assistance from the Office of the United States Trustee. The prosecution is being handled by Assistant U.S. Attorneys Meredith P. Duchemin and Megan R. Stelljes.  

     

    MIL Security OSI –

  • MIL-OSI Security: Former Mohawk Executive Sentenced to Prison

    Source: Office of United States Attorneys

    ATLANTA, Ga. – Jana Kanyadan, the former Global Chief Information Officer of Mohawk Industries, Inc. (“Mohawk”), has been sentenced to more than seven years in federal prison for defrauding Mohawk. 

     “Kanyadan held a position of authority as a C-suite executive at Mohawk and abused his fiduciary duty by stealing from the company that trusted him,” said Acting U.S. Attorney Richard S. Moultrie, Jr.  “His sentence is a reasonable one that reflects the seriousness of his criminal conduct.”

    “The defendant stole money that should have gone to his employer,” said FBI Atlanta Special Agent in Charge Paul Brown.  “We will continue to investigate and hold accountable anyone who attempts to scam their employer out of funds.”

    According to Acting U.S. Attorney Moultrie, the indictment, and other information presented in court: Kanyadan was Mohawk’s Global Chief Information Officer, responsible for Information Technology (“IT”) services and decisions. In 2019, Mohawk began a large, multi-year IT project and outsourced work for the project to IT consulting firms.  Kanyadan secretly organized and controlled a Georgia company, Meta Technology Platforms, LLC (“Meta Tech”), and used his position at Mohawk to retain Meta Tech as a Mohawk vendor and divert Mohawk’s outsourced IT consulting work to Meta Tech.

    Between approximately May 7, 2022, and October 2, 2022, Meta Tech submitted invoices to Mohawk totaling approximately $3,016,011.40.  But these invoices did not disclose Kanyadan’s relationship to Meta Tech.  Moreover, the invoices charged Mohawk for services that had not actually been performed and for software that had not actually been provided.  The invoices also charged Mohawk inflated hourly rates that Kanyadan approved on Mohawk’s behalf.  Based on the fraudulent invoices, Mohawk paid Meta Tech approximately $1,857,741.40, in total, with approximately $820,577.40 of that amount arising from fraud.

    Jana Kanyadan, 54, of Marietta, Georgia, was sentenced to seven years, six months in prison to be followed by three years of supervised release.  Kanyadan was also ordered to pay a $250,000 fine and $985,166.66 in restitution.  Kanyadan pleaded guilty to one count of wire fraud conspiracy and seven counts of wire fraud on November 1, 2024. 

    This case was investigated by the Federal Bureau of Investigation.

    Assistant U.S. Attorney Samir Kaushal and former Assistant U.S. Attorney Tal C. Chaiken prosecuted the case.

    For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280.  The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

    MIL Security OSI –

  • MIL-OSI: Nearly Nine Out of 10 Decision Makers Rank the Phone as the Most Important Outbound Channel for Meeting Customer Service Goals and Increasing Revenues

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 17, 2025 (GLOBE NEWSWIRE) — While channels like email and messaging are more prevalent, the phone remains one of the most business-critical tools available, according to a 2025 study from Forrester Consulting, commissioned by TransUnion (NYSE: TRU). The study found 86% of decision-makers across a wide range of industries agree the phone is the most important outbound channel for meeting customer service goals and increasing revenues.

    The study surveyed 719 decision-makers responsible for their company’s outbound call experience strategy, technology selection, and security. Its findings provide an update to the 2022 study and highlight key pain points, including inaccurate customer contact data and the threat of call spoofing. The full findings are available in the study, Optimizing Outbound Communications: Strategies And Technologies For Effective Customer Engagement. The State of Outbound Communications in 2025.

    Decision-makers indicated their companies made 26% fewer calls while increasing use of other digital channels; however, the phone remains their top channel for urgent customer service issues and discussing personal matters.

    “Business leaders understand the critical role communications solutions play in helping companies promote their brand while protecting consumers,” said James Garvert, senior vice president of TruContact™ Communications Solutions at TransUnion. “Adoption of customer contact, branded calling and call authentication solutions has proven to help businesses enhance the customer experience, increase revenues, and reduce fraud risk.”

    Importance of communications and contact solutions
    Three in four decision-makers say accurate caller information displayed on outbound calls is important for improving customer engagement and increasing answer rates. This rich content can be displayed through branded calling. Among the most valuable features of branded calling, respondents identified the following as “important” or “critical” to improving customer engagement and contact rates.

    Most Important Features to Drive Customer Engagement

    Accurate Caller
    ID on
    Outbound
    Calls    		 Protection
    Against Call
    Spoofing    		 Indication on
    Mobile Display
    that Call Is
    Authenticated    		 Displaying Logo
    on Outbound
    Calls
    75% 67% 62% 58%


    Damaging effects of fraud and call-spoofing
    Decision-makers noted the need for protection against call spoofing, with 80% reporting an uptick in customer service inquiries due to call spoofing and subsequent increased operational costs.

    In addition, 72% have observed a decline in customer trust due to call spoofing, directly affecting retention. Despite the recognized need for robust solutions, effective measures are elusive—and that problem appears to have gotten worse. The current survey found 55% of decision-makers said their current technologies lack adequate call spoofing protection, representing an increase from 38% since 2022.

    The study notes that businesses can also improve customer experience by focusing their use of the phone channel on urgent and personal matters—when it is most valued—and by understanding and respecting consumers’ individual contact preferences.

    Click here to read Optimizing Outbound Communications: Strategies And Technologies For Effective Customer Engagement. The State of Outbound Communications 2025.

    Learn more about TransUnion Branded Call Display (BCD), part of the Trusted Call Solutions (TCS) suite, and our suite of Customer Contact Intelligence solutions.

    TransUnion will be at Enterprise Connect 2025 at booth #1327. Senior Director of Product Management, Mick Moss, will be speaking at the show on Tuesday March 18, 2:30 p.m. – 3:30 p.m. on the Restoring Trust in the Voice Channel with Branded Calling panel and on Thursday, March 20, 9:00 a.m. – 9:45 a.m. on the Building Trust in Outbound Calling Systems panel.

    Survey Methodology
    In this study, Forrester conducted an online survey of 719 decision-makers at automotive dealer, collections, financial services, healthcare, insurance, travel and hospitality, and wealth management organizations in the US to evaluate the current state of outbound communications. Survey participants included decision-makers in customer experience/service, call center/contact center, IT, IT security, marketing/advertising, operations, and risk/compliance/fraud. Respondents were offered a small incentive as a thank-you for time spent on the survey. The study was completed in November 2024.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business.

    Contact     Dave Blumberg
      TransUnion
    E-mail david.blumberg@transunion.com
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI Asia-Pac: Stakeholders Meet for Dissemination of CSIR Technologies in Andaman and Nicobar Islands

    Source: Government of India

    Posted On: 17 MAR 2025 11:34AM by PIB Delhi

    CSIR-National Institute of Science Communication and Policy Research (NIScPR), Unnat Bharat Abhiyan (UBA) – National Coordinating Institute, IIT Delhi, Vijnana Bharati (VIBHA), and Jawaharlal Nehru Rajkeeya Mahavidyalaya (PI, UBA) jointly organised three day stakeholders meet (11-13 March) for dissemination of CSIR technologies in Port Blair.

    The Andaman and Nicobar Islands, known for their unique geography and ecological richness, face distinct challenges in sectors such as agriculture, fisheries, water resources, healthcare, and disaster management. Despite their potential for sustainable development, limited infrastructure, underutilization of natural resources, and the lack of access to modern technologies hinder the region’s growth. However, with the application of innovative solutions, these challenges can be addressed effectively.

    The Council of Scientific and Industrial Research (CSIR), a leading research and development organization in India, has developed a wide array of technologies in key sectors such as agriculture, food processing technologies, bee farming and bee hive technologies, floriculture and AROMA mission, water purification technologies, water desalination technologies, fish processing, and more. The dissemination of these technologies could significantly contribute to the region’s sustainable development by creating livelihood opportunities and improving the overall quality of life.

    To facilitate this, a three-day stakeholders meet was organized to discuss and disseminate CSIR technologies to address the region’s specific challenges. The event, set to take place from March 11-13, 2025, at Jawaharlal Nehru Rajkeeya Mahavidyalaya (JNRM) in Port Blair, is jointly organized by CSIR-NIScPR, Unnat Bharat Abhiyan (UBA) – National Coordinating Institute, IIT Delhi, Vijnana Bharati (VIBHA), and JNRM. The objective of this event was to showcase CSIR technologies tailored to the socio-economic and ecological context of the region, facilitate dialogue among stakeholders, build collaborations and encourage partnerships for technology implementation, and provide capacity building through technology demonstrations and presentations. Key focus areas of the event included exploring CSIR’s solutions and their potential applications in the region like Floriculture Mission, AROMA Mission, Food Processing Technologies, Solar Drier Technology, Bee Farming and Beehive Technologies, Water Desalination Technologies, etc.

    The meeting follows an earlier event held in January 2024 and aims to further explore the potential application of CSIR technologies to foster sustainable development in the region. The event was graced by a distinguished panel of experts.

    The meet was inaugurated in the presence of Prof. Ranjana Aggarwal, Director CSIR-NIScPR; Dr. Sridevi Annapurna Singh, Director CSIR-CFTRI; Dr.Ajit Kumar Shasany, Director CSIR-NBRI. This occasion was graced by the Chief Guest Ms Pallavi Sarkar, IAS, Secretary (Agriculture/ Animal Husbandry Coordinator CS Office) ED (ANIIDICO) and Guest of Honor Dr. Eknath B. Chakurkar, Director ICAR-CIARI. Dr. Pradeep Kumar Singh, Project Director UBA, Shri Sreeparasad Kuttan, organizing secretary VIBHA and  Principal in charge JNRM also present in this meet. Scientists from CSIR-CFTRI, CSIR-IHBT, CSIR-CIMAP, CSIR-IICT, CSIR-CSMCRI, CSIR-NIEST, CSIR-NBRI, CSIR-TMD and NIOT, representative from NABARD, and as many as 150 representations from various SHGs participated in this meet.

    Prof. Ranjana Aggarwal highlighted the concept behind the organizing this programme and explained that how interventions of CSIR technology might harness the potential of Andaman & Nicobar region and expressed her believe that effort behind meet would certainly be translated in technology implementation enriching the socioeconomic profile of the region.  She noticed and remarked about the dominant participation of women in this meet. She discussed about the roles of the CSIR, UBA and VIBHA in working out providing S&T solutions at rural areas towards capacity building of rural regions.  She thanked CSIR-CFTRI, CSIR-IHBT, CSIR-CIMAP, CSIR-IICT, CSIR-CSMCRI, CSIR-NIEST, CSIR-NBRI and NIOT for participating in this event along with CSIR-NIScPR. 

    Dr. K.C. Joshi, Principal in charge JNRM, welcomed the delegates and participants and highlighted the importance of technology intervention in rural development, which is very important especially in the Andaman & Nicobar region. He remarked that this would unlock the potential of this region.

    Ms. Pallavi Sarkar, IAS, extended for her being given this interactive platform and remarked this event is a landmark event bringing scientifically validated technologies in the land of Andaman & Nicobar region. She requested that all the stakeholders should actively engage in all technology dissemination sessions with the scientist to translate natural-resource potential of this region in value added products which may be promoted to international market. She further elaborated that technologies suitable for the socioeconomic development of the Andaman & Nicobar regions should be properly worked out, mapped, and catalogued during this meet. Additionally, she suggested that the scientific community should also workout on mapping of natural resources for which potential technologies may be developed in synergy with the traditional knowledge for producing value added products which may be promoted in the international market. She emphasized that the technologies may be promoted that forest-based products, animal based, sea based products, value added products from coconut, honey bee farming and value added products from honey those could be taken to international scale.

    Dr. Eaknath B. Chakurkar, Director of ICAR-CIARI, Andaman and Nicobar Islands, delivered the Guest of Honor address, emphasizing the importance of collaboration between scientific research institutions and local authorities for the region’s sustainable development.  Dr.Chakurkar, extended his thanks to organizers for inviting him in this crucial event and outlined the prior linkages ICAR-CIARI is having with UBA and VIBHA. He mentioned about the secondary agriculture, in which people are not directly involved with agriculture, such amul butter,  sindoor plant, Arica net plate making business, etc. He asserted that this event is remarkable as many scientists have made themselves available to discuss with the stakeholders. He therefore requested all the stakeholders to make the maximum utilization of this opportunity.

    Dr. Sridevi Annapurna Singh, Director CSIR-CFTRI, expressed that she believes that CSIR-CFTRI technologies shall be of great importance for uplifting the quality of value added food products in this region. She mentioned briefly about the important technologies developed by CSIR-CFTRI such as Amul milk powder, spice oils and oleoresins, instant mixes etc. She emphasized the need of adopting the indigenous technologies for rural development. She exemplified the coconut based technologies of CSIR-CFTRI as one of the technology which implementation will be discussed in this meet considering the easy availability of coconut in this region. She mentioned and listed out several training programmes, incubation centers, and hand holding support CSIR-CFTRI has provisioned for rural capacity building. 

    Dr. Kandimuthu, extended his hearty welcomed dignitaries and introduced Padmashri Ms. Panchimal Nariayal Amma and Smt. Meenamal who are working in the Andaman & Nicobar regions at grass root level.

    Dr. Ajit Kumar Shasney, Director CSIr-NBRI Lucknow, in very simple words, communicated the importance of technology and underlined the importance this event to the audience. He explained the efforts CSIR institutes are making multiple and sincere efforts towards the Lab-to-Land translation of rural technologies. He mentioned about the changes brought by organic khaad and bacteria-based solutions, substituting urea and pesticides, developed by CSIR-NBRI, which have potential applications in Andaman & Nicobar region.

    Dr. P.K. Singh, project director UBA, highlighted the activities of UBA running over pan India. He mentioned about the various events UBA is conducting in collaboration with CSIR-NIScPR. He requested students aspiring towards rural developments to explore UBA projects which come twice in year. He further mentioned about various other activities UBA has undertaken to increase involvement of the faculties and student in rural development.

    Shri Sreepasad MK, address this meet highlighting the role of VIBHA for uplifting the rural livelihood. He mentioned about the 38 chapters VIBHA has introduced pan India in various Indian states. He also mentioned about him being the representative of Andaman & Nicobar in VIBHA. He further exemplified the importance of this event and unique opportunities this event is going provide to stakeholders.

    Dr. Yogesh Suman, Chief Scientist, CSIR-NIScPR, New Delhi, presented the activities undertaken for rural development through S&T interventions in the project ‘Creating livelihood opportunity through CSIR Technologies using UBA and VIBHA Network’. He also proposed the vote of thanks to all the experts, scientists, and participants.

    MS. Kamachi Chellammal, Andaman’s ‘Nariyal Amma’ Padamshree awardee was also participated in the event and the scientist also visited to their agricultural forms for mapping of suitable technologies for their region.

    The technical session 1 related to the Making Value Added products using Food Processing Technologies CSIR-CFTRI, presented by Dr Sridevi Annapurna Singh, Dr Aashitosh Inamdar, and Dr Pratap Singh Negi. The CSIR-CFTRI technologies suitable for Andaman and Nicobar Islands along with dissemination and adaptation strategies were presented in the session.

    The technical session 2 related to exploring application of CSIR Technologies related to floriculture and AROMA mission in Andaman region were highlighted from Dr Ramesh Chandra Srivastava, Dr Rajesh Kumar Verma from CSIR-CIMAP, Dr Sukhjinder Singh from CSIR-IHBT Palampur and Dr. Manish Bhoyar, CSIR-NBRI, Lucknow.

    The technical session 3 of day 2 was started with Bee farming and Bee hive technologies for Andaman Region by presenting ‘Imporved Beehive Technology’ developed by CSIR-IHBT Palampur and presented by Dr Sukhjinder Singh, CSIR-IHBT Palampur. The application of Water Desalination Technology in Andaman Region presented by Dr S. Sreedhar  CSIR-IICT Hyderabad and Dr. G. Venkatesan, National Institute of Ocean Technology (NIOT), Chennai. Dr. Bhupendra Markam

    CSIR-CSMCRI, Bhav Nagar presented the Application of decentralized solar thermal dryer for hygienic drying of Agri-food products and highlighted the suitability of this technology for agro-food products and fish drying for Andaman and Nicobar region. Overview of Funding Schemes available in NABARD Andaman region presented by Shri Pratap Singh, Assistant Manager NABARD, Andaman Region. The field visit was also organized to understand the issues and the technology mapping for the region.

    ***

    NKR/PSM

    (Release ID: 2111702) Visitor Counter : 18

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION: TECHNICAL AND FINANCIAL ASSISTANCE TO STATES FOR DRINKING WATER

    Source: Government of India (2)

    Ministry of Jal Shakti

    PARLIAMENT QUESTION: TECHNICAL AND FINANCIAL ASSISTANCE TO STATES FOR DRINKING WATER

    Posted On: 17 MAR 2025 4:52PM by PIB Delhi

    Since August 2019, Government of India in partnership with States is implementing Jal Jeevan Mission (JJM) – Har Ghar Jal to make provision of potable water to every rural household of the country, through functional tap water connection i.e. at a service level of 55 litre per capita per day (lpcd), of prescribed quality (BIS:10500), on regular and long-term basis.

    At the start of the Mission, only 3.23 Crore (16.7%) rural households were reported to have tap water connections. So far, as reported by States/ UTs as on 12.03.2025, under Jal Jeevan Mission (JJM) – Har Ghar Jal around 12.29 Crore additional rural households have been provided with tap water connections. Thus, as on 12.03.2025, out of 19.36 Crore rural households in the country, more than 15.52 Crore (80.15%) households are reported to have tap water supply in their homes. State/ UT-wise details are as at below.

    State/ UT-wise and year-wise details of fund allocation, drawn and utilization reported under JJM are at below.

    In addition, a number of steps have been taken to plan and implement JJM in the whole country, with speed, inter alia, including joint discussions and finalization of saturation plans and annual action plans (AAP) of States/ UTs, regular review of implementation, workshops/ conferences/ webinars for capacity building, training, knowledge sharing, field visits by multi-disciplinary team to provide technical support, etc. A detailed Operational Guideline for the implementation of JJM; Margdarshika for Gram Panchayats & VWSCs to provide safe drinking water in rural households and Guidelines on a special campaign to provide piped water supply in anganwadi centres, ashramshalas and schools have been shared with States/ UTs to facilitate planning and implementation of Jal Jeevan Mission. For online monitoring, JJM–Integrated Management Information System (IMIS) and JJM–Dashboard has been put in place. Provision has also been made for transparent online financial management through Public Financial Management System (PFMS).

    Further, as informed by Ministry of Housing & Urban Affairs, Water being a state subject, management of water is the responsibility of the State Government. However, Ministry of Housing and Urban Affairs has taken several steps towards sustainable management and conservation of water in urban areas through issuance of various guidelines and implementation of National Missions i.e. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) & AMRUT 2.0. Funds under AMRUT & AMRUT 2.0 are allocated/ released State/UTs wise and not component wise.

    Under AMRUT, 1,405 water supply projects worth Rs.43,430 crore grounded of which works worth Rs.41,714 crore have been physically completed and in convergence with the States 189 lakh water tap connections (new/ serviced) have been provided under the Mission. Against the committed Central Assistance (CA) of Rs.35,990 crore for project Rs.34,901 crore has been released.

    Moreover, under AMRUT 2.0 so far, 3,568 water supply projects worth Rs.1,14,220.62 Crore have been approved to cover 407 lakh new/service tap connections. Against the committed Central Assistance (CA) of Rs. 66,750 Crore for project, Rs.12,511.94 crore has been released/sanctioned.

    In addition, as informed by Department of Water Resources, River Development and Ganga Rejuvenation (DoWR, RD & GR), National Water Policy (2012) has been formulated which, inter-alia, advocates rainwater harvesting and conservation of water and highlights the need for augmenting the availability of water through direct use of rainfall. It also inter-alia, includes conservation of rivers, river bodies and creation of infrastructure be undertaken in a scientifically planned manner through community participation. Further, encroachment and diversion of water bodies and drainage channels be not allowed and wherever, it has taken place, be restored to the extent feasible and maintained properly. DoWR, RD & GR has also advised States/ UTs to draft/ revise their water policies in accordance with the National Water Policy (2012).

    Apart from this, the important steps taken by the Central Government for sustainable ground water management in the country can be seen at:

    https://cdnbbsr.s3waas.gov.in/s3a70dc40477bc2adceef4d2c90f47eb82/uploads/2024/07/20240716706354487.pdf.

    This information was provided by THE MINISTER OF STATE FOR JAL SHAKTI, SHRI V. SOMANNA in a written reply to a question in Rajya Sabha today.

    Annex referred to in Statement referred in reply of Rajya Sabha Starred Question No. 1848 answered on 17.03.2025

    JJM: State/ UT-wise status of tap water connections in rural households as on 12.03.2025

     (Number in lakhs)

    S. No.

    State/ UT

    Total rural HHs

    Rural HHs with tap water supply as on 15.8.2019

    Rural HHs with tap water connection as on date

    No.

    %

    No.

    %

    1.

    A & N Islands

    0.62

    0.29

    46.02

     0.62

     100.00

    2.

    Arunachal Pr.

    2.29

    0.23

    9.97

     2.29

     100.00

    3.

    DNH & DD

    0.85

    0.00

    0.00

     0.85

     100.00

    4.

    Goa

    2.64

    1.99

    75.44

     2.64

     100.00

    5.

    Gujarat

    91.18

    65.16

    71.46

     91.18

     100.00

    6.

    Haryana

    30.41

    17.66

    58.08

     30.41

     100.00

    7.

    Himachal Pr.

    17.09

    7.63

    44.64

     17.09

     100.00

    8.

    Mizoram

    1.33

    0.09

    6.91

     1.33

     100.00

    9.

    Puducherry

    1.15

    0.94

    81.33

     1.15

     100.00

    10.

    Punjab

    34.27

    16.79

    48.98

     34.27

     100.00

    11.

    Telangana

    53.98

    15.68

    29.05

     53.98

     100.00

    13.

    Uttarakhand

    14.50

    1.30

    8.99

     14.12

     97.38

    14.

    Ladakh

    0.41

    0.01

    3.48

     0.39

     96.54

    12.

    Bihar

    167.55

    3.16

    1.89

     160.36

     95.71

    15.

    Nagaland

    3.64

    0.14

    3.82

     3.37

     92.76

    16.

    Lakshadweep

    0.13

    		  

    0.00

     0.12

     91.41

    17.

    Sikkim

    1.33

    0.70

    52.96

     1.21

     91.00

    18.

    Maharashtra

    146.80

    48.44

    33.00

     130.36

     88.80

    20.

    Uttar Pr.

    267.22

    5.16

    1.93

     236.78

     88.61

    19.

    Tamil Nadu

    125.28

    21.76

    17.37

     110.85

     88.48

    21.

    Tripura

    7.51

    0.25

    3.26

     6.40

     85.30

    27.

    Karnataka

    101.32

    24.51

    24.19

     84.92

     83.81

    24.

    Meghalaya

    6.51

    0.05

    0.70

     5.33

     81.92

    23.

    Assam

    72.25

    1.11

    1.54

     58.84

     81.44

    22.

    J & K

    19.22

    5.75

    29.93

     15.59

     81.12

    26.

    Chhattisgarh

    50.02

    3.20

    6.39

     40.33

     80.63

    25.

    Manipur

    4.52

    0.26

    5.74

     3.59

     79.59

    28.

    Odisha

    88.69

    3.11

    3.50

     67.89

     76.54

    29.

    Andhra Pr.

    95.53

    30.74

    32.18

     70.51

     73.81

    30.

    Madhya Pr.

    111.82

    13.53

    12.10

     76.13

     68.09

    33.

    Rajasthan

    107.75

    11.74

    10.90

     60.11

     55.79

    34.

    West Bengal

    175.56

    2.15

    1.22

     96.43

     54.93

    31.

    Jharkhand

    62.56

    3.45

    5.52

     34.25

     54.75

    32.

    Kerala

    70.77

    16.64

    23.51

     38.48

     54.38

     

    Total

    19,36.70

     3,23.63

    16.71

     15,52.19

     80.15

    Source: JJM – IMIS                           HH: Households

    Annex referred to in Statement referred in reply of Rajya Sabha Starred Question No. 1848 answered on 17.03.2025

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2019-20

     (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

    1

    A&N Islands

    –

    1.78

    0.50

    0.50

    NR

    –

    2

    Andhra Pr.

    25.74

    372.64

    372.64

    398.38

    121.62

    60.59

    3

    Arunachal Pr.

    6.22

    132.55

    177.47

    183.69

    127.68

    13.05

    4

    Assam

    359.35

    694.95

    442.36

    801.71

    358.87

    29.01

    5

    Bihar

    313.16

    787.31

    417.35

    730.51

    473.33

    150.34

    6

    Chhattisgarh

    31.58

    208.04

    65.82

    97.40

    39.23

    38.52

    7

    Goa

    –

    7.57

    3.08

    3.08

    3.08

    6.17

    8

    Gujarat

    –

    390.31

    390.31

    390.31

    384.61

    394.74

    9

    Haryana

    10.13

    149.95

    149.95

    160.08

    69.29

    73.80

    10

    Himachal Pr.

    –

    148.67

    205.83

    205.83

    197.41

    15.46

    11

    J & K

    27.14

    322.03

    322.03

    349.17

    200.25

    24.01

    12

    Jharkhand

    75.79

    267.69

    291.19

    366.98

    114.89

    120.78

    13

    Karnataka

    26.61

    546.06

    546.06

    572.67

    491.01

    298.70

    14

    Kerala

    2.58

    248.76

    101.29

    103.87

    62.69

    57.23

    15

    Ladakh

    8.10

    166.65

    67.86

    75.96

    NR

    0.61

    16

    Madhya Pr.

    1.26

    571.60

    571.60

    572.86

    326.65

    288.75

    17

    Maharashtra

    248.12

    847.97

    345.28

    593.40

    308.04

    431.79

    18

    Manipur

    –

    67.69

    91.17

    91.17

    28.20

    6.60

    19

    Meghalaya

    0.80

    86.02

    43.01

    43.81

    26.35

    0.77

    20

    Mizoram

    0.14

    39.87

    68.05

    68.19

    37.41

    1.81

    21

    Nagaland

    –

    56.49

    56.49

    56.49

    23.54

    4.67

    22

    Odisha

    0.78

    364.74

    364.74

    365.52

    260.46

    241.12

    23

    Puducherry

    1.27

    2.50

    ND

    1.27

    0.97

    NR

    24

    Punjab

    102.91

    227.46

    227.46

    330.37

    73.27

    78.20

    25

    Rajasthan

    313.67

    1,301.71

    1,301.71

    1,615.38

    620.31

    702.35

    26

    Sikkim

    0.84

    15.41

    26.15

    26.99

    14.71

    1.48

    27

    Tamil Nadu

    1.49

    373.87

    373.10

    374.59

    114.58

    99.14

    28

    Telangana

    4.48

    259.14

    105.52

    110.00

    88.33

    72.89

    29

    Tripura

    48.94

    107.64

    145.37

    194.31

    59.45

    6.48

    30

    Uttar Pr.

    58.33

    1,206.28

    1,513.14

    1,571.47

    638.22

    379.17

    31

    Uttarakhand

    6.12

    170.53

    170.53

    176.65

    110.04

    23.02

    32

    West Bengal

    760.82

    995.33

    994.75

    1,755.57

    609.00

    469.54

    Total

    2,436.37

    11,139.21

    9,951.81

    12,388.18

    5,983.49

    4,090.79

     
                             

    DNH & DD and Lakshadweep does not avail fund    ND: Not Drawn       NR: Not Reported   Source: JJM-IMIS

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2020-21

     (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

     

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

     

    1

    A&N Islands

    0.50

    2.93

    1.46

    1.96

    1.45

    –

     

    2

    Andhra Pr.

    276.76

    790.48

    297.62

    574.38

    419.30

    181.31

     

    3

    Arunachal Pr.

    56.02

    254.85

    344.85

    400.87

    392.43

    47.15

     

    4

    Assam

    452.45

    1,608.51

    551.77

    1,004.22

    880.44

    91.08

     

    5

    Bihar

    257.18

    1,839.16

    353.60

    610.78

    551.82

    374.42

     

    6

    Chhattisgarh

    58.17

    445.52

    334.14

    392.31

    223.77

    221.04

     

    7

    Goa

    –

    12.41

    6.20

    6.20

    2.99

    13.49

     

    8

    Gujarat

    5.70

    883.08

    983.08

    988.78

    838.50

    883.43

     

    9

    Haryana

    90.80

    289.52

    72.38

    163.18

    130.67

    120.09

     

    10

    Himachal Pr.

    8.42

    326.20

    547.48

    555.90

    329.01

    42.25

     

    11

    J & K

    148.92

    681.77

    53.72

    202.64

    88.69

    5.17

     

    12

    Jharkhand

    268.08

    572.24

    143.06

    411.14

    286.62

    177.73

     

    13

    Karnataka

    81.65

    1,189.40

    446.36

    528.01

    349.62

    428.26

     

    14

    Kerala

    41.18

    404.24

    303.18

    344.36

    304.29

    311.25

     

    15

    Ladakh

    75.96

    352.09

    ND

    75.96

    9.43

    NR

     

    16

    Madhya Pr.

    246.21

    1,280.13

    960.09

    1,206.30

    1,014.70

    876.84

     

    17

    Maharashtra

    285.35

    1,828.92

    457.23

    742.58

    473.59

    324.56

     

    18

    Manipur

    62.96

    131.80

    141.80

    204.76

    189.14

    18.52

     

    19

    Meghalaya

    17.46

    174.92

    184.92

    202.38

    188.30

    20.44

     

    20

    Mizoram

    30.77

    79.30

    104.30

    135.07

    107.90

    10.13

     

    21

    Nagaland

    34.90

    114.09

    85.57

    120.47

    91.95

    10.00

     

    22

    Odisha

    105.07

    812.15

    609.11

    714.18

    686.41

    671.98

     

    23

    Puducherry

    0.30

    4.64

    1.06

    1.36

    0.20

    1.00

     

    24

    Punjab

    257.10

    362.79

    ND

    257.10

    146.74

    152.77

     

    25

    Rajasthan

    995.07

    2,522.03

    630.51

    1,625.58

    762.04

    815.90

     

    26

    Sikkim

    12.30

    31.36

    39.36

    51.66

    43.43

    3.75

     

    27

    Tamil Nadu

    264.09

    921.99

    690.36

    954.45

    576.87

    399.57

     

    28

    Telangana

    31.10

    412.19

    82.71

    113.81

    61.17

    133.98

     

    29

    Tripura

    136.46

    156.61

    117.46

    253.92

    195.00

    22.26

     

    30

    Uttar Pr.

    933.25

    2,570.94

    1,295.47

    2,228.72

    1,774.65

    885.89

     

    31

    Uttarakhand

    66.60

    362.58

    271.93

    338.53

    227.32

    20.02

     

    32

    West Bengal

    1,146.58

    1,614.18

    807.08

    1,953.66

    1,196.07

    641.17

     

    Total

    6,447.36

    23,033.02

    10,917.86

    17,365.22

      12,544.51

           7,905.45
                                 

    DNH & DD and Lakshadweep does not avail fund    ND: Not Drawn NR: Not Reported   Source: JJM-IMIS

     

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2021-22

    (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

     

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

    		  

     

    1

    A&N Islands

    0.52

    8.26

    2.06

    2.58

    1.95

    –

     

    2

    Andhra Pr.

    155.09

    3,182.88

    791.06

    946.15

    234.02

    233.84

     

    3

    Arunachal Pr.

    8.43

    1,013.53

    1,555.53

    1,563.96

    1,113.37

    117.99

     

    4

    Assam

    123.78

    5,601.16

    4,200.87

    4,324.65

    2,505.42

    312.89

     

    5

    Bihar

    58.95

    6,608.25

    ND

    58.95

    4.00

    336.79

     

    6

    Chhattisgarh

    168.54

    1,908.96

    477.24

    645.78

    498.69

    488.63

     

    7

    Goa

    3.21

    45.53

    22.77

    25.98

    14.03

    17.98

     

    8

    Gujarat

    150.28

    3,410.61

    2,557.96

    2,708.24

    2,124.85

    2,226.25

     

    9

    Haryana

    32.51

    1,119.95

    559.98

    592.49

    433.78

    430.31

     

    10

    Himachal Pr.

    226.89

    1,262.78

    2,012.78

    2,239.67

    1,420.78

    149.71

     

    11

    J & K

    113.96

    2,747.17

    604.18

    718.14

    112.43

    8.31

     

    12

    Jharkhand

    124.51

    2,479.88

    512.22

    636.73

    437.21

    510.99

     

    13

    Karnataka

    178.39

    5,008.80

    2,504.40

    2,682.79

    1,418.68

    1,567.62

     

    14

    Kerala

    40.07

    1,804.59

    1,353.44

    1,393.51

    957.44

    1,059.57

     

    15

    Ladakh

    66.52

    1,429.96

    340.68

    407.20

    144.96

    NR

     

    16

    Madhya Pr.

    191.61

    5,116.79

    3,837.59

    4,029.20

    2,262.78

    2,479.33

     

    17

    Maharashtra

    268.99

    7,064.41

    1,666.64

    1,935.63

    377.98

    477.98

     

    18

    Manipur

    15.62

    481.19

    601.19

    616.81

    474.78

    52.80

     

    19

    Meghalaya

    14.18

    678.39

    1,078.39

    1,092.57

    672.05

    76.55

     

    20

    Mizoram

    27.17

    303.89

    303.89

    331.06

    250.98

    32.31

     

    21

    Nagaland

    28.52

    444.81

    333.61

    362.13

    345.14

    27.88

     

    22

    Odisha

    27.77

    3,323.42

    2,492.56

    2,520.33

    1,305.79

    1,288.36

     

    23

    Puducherry

    1.18

    30.22

    7.47

    8.65

    2.32

    0.10

     

    24

    Punjab

    110.36

    1,656.39

    402.24

    512.60

    247.83

    265.70

     

    25

    Rajasthan

    863.53

    10,180.50

    2,345.08

    3,208.61

    1,919.83

    1,693.61

     

    26

    Sikkim

    8.23

    124.79

    194.79

    203.02

    90.12

    11.57

     

    27

    Tamil Nadu

    377.58

    3,691.21

    614.35

    991.93

    457.63

    496.16

     

    28

    Telangana

    55.15

    1,653.09

    ND

    55.15

    17.70

    68.88

     

    29

    Tripura

    61.51

    614.09

    714.09

    775.60

    599.82

    65.13

     

    30

    Uttar Pr.

    454.07

    10,870.50

    5,435.25

    5,889.32

    2,728.48

    2,935.18

     

    31

    Uttarakhand

    111.22

    1,443.80

    1,082.85

    1,194.07

    603.31

    67.99

     

    32

    West Bengal

    757.58

    6,998.97

    1,404.61

    2,162.19

    1,547.52

    725.77

     

    Total

    4,825.92

    92,308.77

    40,009.77

    44,835.69

       25,325.67

       18,226.18
                                 

    DNH & DD and Lakshadweep does not avail fund    ND: Not Drawn NR: Not Reported   Source: JJM-IMIS

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2022-23

     (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

    		  

    1

    A&N Islands

    0.63

    9.15

    2.16

    2.79

    0.60

    –

    2

    Andhra Pr.

    712.13

    3,458.20

    ND

    712.13

    304.71

    98.38

    3

    Arunachal Pr.

    450.59

    1,116.35

    1,116.35

    1,566.94

    1,256.17

    181.27

    4

    Assam

    1,819.22

    6,117.61

    4,588.21

    6,407.43

    3,959.95

    442.75

    5

    Bihar

    54.95

    4,766.90

    ND

    54.95

    NR

    66.19

    6

    Chhattisgarh

    147.09

    2,223.98

    2,223.98

    2,371.07

    2,096.70

    2,079.12

    7

    Goa

    11.95

    49.98

    ND

    11.95

    11.04

    20.14

    8

    Gujarat

    583.39

    3,590.16

    3,590.16

    4,173.55

    3,084.89

    3,272.38

    9

    Haryana

    158.71

    1,157.44

    463.00

    621.71

    519.77

    447.46

    10

    Himachal Pr.

    818.89

    1,344.94

    1,344.94

    2,163.83

    1,615.65

    182.41

    11

    J & K

    605.71

    3,039.11

    1,439.50

    2,045.21

    1,141.38

    153.69

    12

    Jharkhand

    199.52

    2,825.52

    2,119.14

    2,318.66

    1,789.85

    1,593.00

    13

    Karnataka

    1,264.11

    5,451.85

    2,725.93

    3,990.04

    2,807.73

    3,240.51

    14

    Kerala

    436.08

    2,206.54

    2,206.54

    2,642.62

    1,741.93

    1,741.68

    15

    Ladakh

    262.25

    1,555.77

    382.76

    645.01

    364.34

    NR

    16

    Lakshadweep

    –

    36.99

    9.25

    9.25

    NR

    –

    17

    Madhya Pr.

    1,766.42

    5,641.02

    2,820.51

    4,586.93

    3,526.87

    3,516.37

    18

    Maharashtra

    1,557.65

    7,831.25

    3,915.62

    5,473.27

    3,109.53

    2,972.21

    19

    Manipur

    142.03

    512.05

    256.03

    398.06

    233.64

    26.03

    20

    Meghalaya

    420.52

    747.76

    1,047.00

    1,467.52

    1,098.48

    122.85

    21

    Mizoram

    80.08

    333.91

    448.58

    528.66

    407.40

    45.74

    22

    Nagaland

    17.00

    484.28

    484.28

    501.28

    481.71

    52.71

    23

    Odisha

    1,214.54

    3,608.62

    1,768.73

    2,983.27

    2,166.00

    2,149.50

    24

    Puducherry

    6.34

    17.83

    ND

    6.34

    0.94

    0.22

    25

    Punjab

    264.78

    2,403.46

    ND

    264.78

    264.80

    210.69

    26

    Rajasthan

    1,288.79

    13,328.60

    6,081.80

    7,370.59

    3,937.70

    4,123.31

    27

    Sikkim

    112.90

    136.17

    188.92

    301.82

    222.53

    20.63

    28

    Tamil Nadu

    534.30

    4,015.00

    872.96

    1,407.26

    593.71

    664.36

    29

    Telangana

    37.44

    1,657.56

    ND

    37.44

    11.39

    13.52

    30

    Tripura

    175.78

    666.97

    849.91

    1,025.69

    798.67

    82.64

    31

    Uttar Pr.

    3,160.84

    12,662.05

    9,496.54

    12,657.38

    9,650.07

    9,259.84

    32

    Uttarakhand

    590.75

    1,612.50

    1,209.38

    1,800.13

    1,515.93

    163.93

    33

    West Bengal

    614.67

    6,180.25

    3,090.12

    3,704.79

    1,953.73

    3,204.21

    Total

    19,510.05

    100,789.77

    54,742.30

    74,252.35

       50,667.81

       40,147.74
                     

    DNH & DD does not avail fund    ND: Not Drawn  NR: Not Reported               Source: JJM-IMIS

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2023-24

    (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

    1

    A&N Islands

    2.20

    7.52

    3.76

    5.96

    0.99

    –

    2

    Andhra Pr.

    407.42

    6,530.49

    793.57

    1,200.99

    861.11

    939.08

    3

    Arunachal Pr.

    310.77

    1,057.11

    771.21

    1,081.98

    1,056.97

    137.98

    4

    Assam

    2,447.48

    10,351.68

    6,204.00

    8,651.48

    7,870.90

    866.11

    5

    Bihar

    54.95

    –

    ND

    54.95

    NR

    NR

    6

    Chhattisgarh

    274.38

    4,485.60

    2,885.56

    3,159.94

    2,638.91

    2,627.12

    7

    Goa

    0.92

    11.25

    11.25

    12.17

    11.76

    11.25

    8

    Gujarat

    1,088.66

    2,982.85

    2,237.14

    3,325.80

    2,377.83

    2,676.40

    9

    Haryana

    101.93

    1,053.44

    526.72

    628.65

    589.79

    687.56

    10

    Himachal Pr.

    548.18

    379.67

    402.34

    950.52

    859.96

    98.38

    11

    J & K

    903.84

    9,611.31

    3,267.12

    4,170.96

    3,510.26

    364.69

    12

    Jharkhand

    528.81

    4,722.76

    2,875.35

    3,404.16

    3,140.70

    3,291.53

    13

    Karnataka

    1,182.31

    12,623.37

    4,966.62

    6,148.93

    5,266.73

    6,106.09

    14

    Kerala

    900.69

    1,342.36

    671.18

    1,571.87

    1,465.41

    1,448.53

    15

    Ladakh

    280.66

    477.11

    131.07

    411.73

    346.73

    NR

    16

    Lakshadweep

    9.25

    39.63

    19.82

    29.07

    NR

    –

    17

    Madhya Pr.

    1,060.06

    10,297.86

    5,419.90

    6,479.96

    6,388.57

    6,390.54

    18

    Maharashtra

    2,363.74

    21,465.88

    7,444.26

    9,808.00

    8,208.53

    8,371.34

    19

    Manipur

    164.42

    110.54

    ND

    164.42

    119.49

    18.75

    20

    Meghalaya

    369.04

    3,567.25

    1,500.00

    1,869.04

    1,573.51

    171.74

    21

    Mizoram

    121.27

    425.46

    303.10

    424.37

    416.52

    43.77

    22

    Nagaland

    19.57

    366.86

    314.90

    334.47

    294.71

    44.02

    23

    Odisha

    817.27

    2,108.54

    2,108.54

    2,925.81

    2,441.58

    2,428.36

    24

    Puducherry

    5.40

    15.39

    1.00

    6.40

    6.39

    0.62

    25

    Punjab

    –

    479.02

    119.76

    119.76

    103.79

    166.43

    26

    Rajasthan

    3,432.89

    3,019.94

    250.00

    3,682.89

    2,898.54

    3,904.64

    27

    Sikkim

    79.29

    634.55

    251.61

    330.90

    318.98

    29.67

    28

    Tamil Nadu

    813.55

    3,615.56

    2,617.10

    3,430.65

    2,617.49

    2,612.30

    29

    Telangana

    26.06

    –

    ND

    26.06

    NR

    NR

    30

    Tripura

    227.01

    1,773.40

    744.18

    971.19

    860.09

    105.25

    31

    Uttar Pr.

    3,007.30

    20,884.45

    16,947.00

    19,954.30

    19,102.47

    20,285.30

    32

    Uttarakhand

    284.20

    4,689.69

    1,890.66

    2,174.86

    1,942.71

    236.81

    33

    West Bengal

    1,751.06

    3,806.29

    4,206.29

    5,957.35

    5,004.16

    5,155.11

    Total

    23,584.58

    132,936.83

    69,885.01

    93,469.59

       82,295.58

       69,219.37
                         

    DNH & DD does not avail fund    ND: Not Drawn     NR: Not Reported      Source: JJM-IMIS

    Jal Jeevan Mission: Central fund allocated, drawn by the States and reported utilization in 2024-25

     (As on 12.03.2025)

    (Amount in Rs. Crore)

    S. No.

    State/ UT

    Central share

    Expenditure under State share

    Opening Balance

    Fund allocated

    Fund drawn

    Available fund

    Reported utilization

    		  

     

    1

    A&N Islands

    4.97

    2.98

    ND

    4.97

    NR  

    –  

     

    2

    Andhra Pr.

    339.88

    2,520.97

    ND

    339.88

             300.94

             488.18

     

    3

    Arunachal Pr.

    26.84

    217.82

    108.91

    135.75

               22.94

                 0.07

     

    4

    Assam

    780.58

    5,198.78

    2,159.63

    2,940.21

         2,464.68

             272.78

     

    5

    Bihar

    54.95

    –

    ND

    54.95

                      NR  

                      NR  

     

    6

    Chhattisgarh

    521.03

    1,277.27

    191.59

    712.62

             483.67

         1,780.77

     

    7

    Goa

    0.40

    4.32

    0.65

    1.05

                      NR  

                      NR  

     

    8

    Gujarat

    947.97

    2,420.14

    ND

    947.97

             754.44

         1,703.15

     

    9

    Haryana

    38.86

    462.03

    ND

    38.86

               19.17

             231.47

     

    10

    Himachal Pr.

    90.56

    916.53

    137.48

    228.04

             157.67

               16.96

     

    11

    J & K

    660.69

    2,112.86

    693.86

    1,354.55

         1,109.12

             103.67

     

    12

    Jharkhand

    263.46

    2,114.22

    ND

    263.46

             123.00

             288.34

     

    13

    Karnataka

    882.20

    3,804.41

    570.66

    1,452.86

             710.85

         4,578.83

     

    14

    Kerala

    106.45

    1,949.36

    974.68

    1,081.13

             984.48

             972.21

     

    15

    Ladakh

    65.00

    624.78

    187.43

    252.43

               60.78

    –  

     

    16

    Lakshadweep

    29.06

    0.75

    0.38

    29.44

                      NR  

                      NR  

     

    17

    Madhya Pr.

    91.39

    4,044.70

    2,622.35

    2,713.74

         2,618.24

         2,693.47

     

    18

    Maharashtra

    1,599.47

    5,352.93

    1,605.88

    3,205.35

         2,067.84

         2,336.22

     

    19

    Manipur

    44.93

    –

    ND

    44.93

               30.56

                 1.12

     

    20

    Meghalaya

    296.90

    653.60

    291.08

    587.98

             537.34

               66.95

     

    21

    Mizoram

    7.85

    45.09

    13.52

    21.37

               18.82

                 7.38

     

    22

    Nagaland

    39.75

    39.75

    19.87

    59.62

               50.93

                 5.73

     

    23

    Odisha

    484.23

    2,455.94

    368.39

    852.62

             544.56

             540.53

     

    24

    Puducherry

    0.01

    12.58

    3.78

    3.79

                 1.51

                 0.23

     

    25

    Punjab

    15.97

    644.54

    50.00

    65.97

                 3.46

               45.80

     

    26

    Rajasthan

    786.95

    11,061.46

    1,659.22

    2,446.17

         2,181.30

         2,171.17

     

    27

    Sikkim

    11.92

    124.50

    62.25

    74.17

               33.45

                 9.56

     

    28

    Tamil Nadu

    813.15

    2,438.89

    731.67

    1,544.82

         1,297.67

         1,452.51

     

    29

    Telangana

    26.06

    –

    ND

    26.06

                      NR  

                      NR  

     

    30

    Tripura

    111.10

    736.75

    368.38

    479.48

             422.45

               45.75

     

    31

    Uttar Pr.

    851.83

    12,621.95

    6,310.98

    7,162.81

         6,984.81

         9,176.98

     

    32

    Uttarakhand

    232.51

    1,016.80

    508.40

    740.91

             303.24

                      NR  

     

    33

    West Bengal

    953.19

    5,049.98

    2,524.99

    3,478.18

         2,963.92

         4,028.69

     

    Total

    11,180.11

    69,926.68

    22,166.02

    33,346.14

       27,251.84

       33,018.52

     
                       

    DNH & DD does not avail fund    ND: Not Drawn            NR: Not Reported      Source: JJM-IMIS

    ****

    Dhanya Sanal K

    Director

    (Rajya Sabha US Q1848)

    (Release ID: 2111861)

    MIL OSI Asia Pacific News –

  • MIL-OSI: SAIC Announces Fourth Quarter and Full Fiscal Year 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    • Q4 FY25 revenues of $1.84 billion, 5.8% organic growth(1); FY25 revenues of $7.48 billion, 3.1% organic growth(1); organic growth adjusted for divestitures
    • Q4 FY25 net income of $98 million, adjusted EBITDA(1) of $177 million or 9.6% of revenue; FY25 net income of $362 million, adjusted EBITDA(1) of $710 million or 9.5% of revenue
    • Q4 FY25 diluted earnings per share of $2.00, adjusted diluted earnings per share(1) of $2.57; FY25 diluted earnings per share of $7.17, adjusted diluted earnings per share(1) of $9.13
    • Q4 FY25 cash flows provided by operating activities of $115 million, free cash flow(1) and transaction-adjusted free cash flow(1) of $236 million; FY25 cash flows provided by operating activities of $494 million, free cash flow(1) of $499 million, transaction-adjusted free cash flow(1) of $507 million
    • Q4 FY25 net bookings of $1.3 billion; book-to-bill ratio of 0.7; trailing twelve months book-to-bill ratio of 0.9
    • FY26 guidance introduced above prior targets for revenues, adjusted EBITDA(1), adjusted EBITDA margin(1), and adjusted diluted EPS(1)

    RESTON, Va., March 17, 2025 (GLOBE NEWSWIRE) — Science Applications International Corporation (NASDAQ: SAIC), a premier Fortune 500® technology integrator driving our nation’s digital transformation across the defense, space, civilian, and intelligence markets, today announced results for the fourth quarter and full fiscal year ended January 31, 2025.

    “I am proud of the results we delivered in the quarter with revenue, adjusted EBITDA, adjusted earnings per share, and free cash flow ahead of guidance,” said Toni Townes-Whitley, SAIC Chief Executive Officer. “Subsequent to quarter close, we received a $1.8 billion award for our largest recompete win in recent years, the System Software Lifecycle Engineering program. This important win along with a backlog of submitted bids valued at approximately $20 billion reflect the momentum we are building inside the company. I want to thank the team for a strong finish to the year and for their commitment and dedication to our customers’ mission during these uncertain times.”

    Fourth Quarter and Full Fiscal Year 2025: Summary Operating Results

      Three Months Ended   Year Ended
      January 31,
    2025
    		     Percent
    change    		     February 2,
    2024    		     January 31,
    2025
    		     Percent
    change    		     February 2,
    2024    		  
      (in millions, except per share amounts)
    Revenues $ 1,838     6  %   $ 1,737     $ 7,479     —  %   $ 7,444  
    Operating income   138     75  %     79       563     (24 )%     741  
    Operating income as a percentage of revenues   7.5 %   300 bps     4.5 %     7.5 %   -250 bps     10.0 %
    Adjusted operating income(1)   176     42  %     124       705     7  %     659  
    Adjusted operating income as a percentage of revenues   9.6 %   250 bps     7.1 %     9.4 %   50 bps     8.9 %
    Net income   98     151  %     39       362     (24 )%     477  
    EBITDA(1)   175     48  %     118       708     (21 )%     891  
    EBITDA as a percentage of revenues   9.5 %   270 bps     6.8 %     9.5 %   -250 bps     12.0 %
    Adjusted EBITDA(1)   177     39  %     127       710     6  %     668  
    Adjusted EBITDA as a percentage of revenues   9.6 %   230 bps     7.3 %     9.5 %   50 bps     9.0 %
    Diluted earnings per share $ 2.00     170  %   $ 0.74     $ 7.17     (19 )%   $ 8.88  
    Adjusted diluted earnings per share(1) $ 2.57     80  %   $ 1.43     $ 9.13     16  %   $ 7.88  
    Net cash provided by operating activities $ 115     83  %   $ 63     $ 494     25  %   $ 396  
    Free cash flow(1) $ 236     143  %   $ 97     $ 499     21  %   $ 414  
    Transaction-adjusted free cash flow(1) $ 236     98  %   $ 119     $ 507     4  %   $ 486  

    (1) Non-GAAP measure, see Schedule 6 for information about this measure.

    The Company utilizes a 52/53 week fiscal year ending on the Friday closest to January 31, with fiscal quarters typically consisting of 13 weeks. Fiscal years 2025 and 2024 both consisted of 52 weeks.

    Fourth Quarter Summary Results

    Revenues for the quarter increased $101 million compared to the prior year quarter primarily due to ramp up in volume on new and existing contracts, partially offset by contract completions.

    Operating income as a percentage of revenues increased to 7.5% for the quarter as compared to 4.5% in the comparable prior year period primarily due to improved profitability across our contract portfolio, lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    Adjusted EBITDA(1) as a percentage of revenues for the quarter was 9.6%, compared to 7.3% for the prior year quarter primarily due to improved profitability across our contract portfolio, lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    Diluted earnings per share for the quarter was $2.00 compared to $0.74 in the prior year quarter. Adjusted diluted earnings per share(1) was $2.57 for the quarter compared to $1.43 in the prior year quarter. The weighted-average diluted shares outstanding during the quarter decreased to 49.0 million shares from 52.7 million during the prior year quarter.

    (1) Non-GAAP measure, see Schedule 6 for information about this measure.

    Fiscal Year 2025 Summary Results

    Revenues for the fiscal year increased $35 million compared to the prior year primarily due to ramp up in volume in existing and new contracts. This was partially offset by the sale of the Supply Chain Business ($188 million) in the prior year, and contract completions. Adjusting for the impact of the divestiture, revenues grew approximately 3.1%.

    Operating income as a percentage of revenues for the fiscal year decreased compared to the prior year primarily due to a $233 million gain recognized from the sale of the Supply Chain Business and a $7 million gain recognized from the deconsolidation of FSA in the prior year. This was partially offset by improved profitability across our contract portfolio, the resolution of the Assault Amphibious Vehicle (“AAV”) contract termination, lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    Adjusted EBITDA(1) as a percentage of revenues for the fiscal year increased compared to the prior year. The increase was driven by improved profitability across our contract portfolio, the resolution of the AAV contract termination, lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    Diluted earnings per share for the year was $7.17 compared to $8.88 in the prior year. Adjusted diluted earnings per share(1) was $9.13 for the year compared to $7.88 in the prior year. The weighted-average diluted shares outstanding during the year decreased to 50.5 million shares from 53.7 million shares during the prior year.

    (1) Non-GAAP measure, see Schedule 6 for information about this measure.

    Cash Generation and Capital Deployment

    Total cash flows provided by operating activities for the fourth quarter were $115 million, an increase of $52 million compared to the prior year quarter, primarily due to lower tax payments in the current quarter, timing of vendor payments, and other changes in working capital, partially offset by higher cash outflows from the usage of the Master Accounts Receivable Purchase Agreement (“MARPA Facility”) with MUFG bank, LTD.

    Total cash flows provided by operating activities for the year were $494 million, an increase of $98 million from the prior year, primarily due to higher tax payments in fiscal 2024 from the sale of the Supply Chain Business and other changes in working capital, partially offset by higher incentive-based compensation payments in the current year.

    During the quarter, SAIC deployed $163 million of capital, consisting of $130 million of share repurchases in accordance with established repurchase plans, $18 million in cash dividends to shareholders, and $15 million of capital expenditures. For the year, SAIC deployed $638 million of capital, consisting of share repurchases of $527 million (approximately 4.2 million shares) in accordance with established repurchase plans, cash dividends of $75 million to shareholders, and $36 million of capital expenditures.

    Quarterly Dividend Declared

    As previously announced, subsequent to fiscal year-end, the Company’s Board of Directors (“Board of Directors”) declared a cash dividend of $0.37 per share of the Company’s common stock payable on April 25, 2025 to stockholders of record on April 11, 2025. SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the Board of Directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.

    Backlog and Contract Awards

    Net bookings for the quarter were approximately $1.3 billion, which reflects a book-to-bill ratio of approximately 0.7. Net bookings for the year were approximately $6.6 billion, which reflects a book-to-bill ratio of approximately 0.9.

    SAIC’s estimated backlog at the end of fiscal year 2025 was approximately $21.9 billion of which $3.4 billion was funded.

    SAIC was awarded the following contracts during the quarter:

    Notable New Awards:

    Department of Defense: During the quarter, SAIC was awarded the Defense Readiness Reporting System (“DRRS”) Sustainment task order under the recently awarded Personnel and Readiness Infrastructure Support Management (“PRISM”) Multiple Award Task Order Contract (“MATOC”) vehicle to support the Department of Defense (“DoD”) and its need to obtain critical services in a shorter time frame. The $187 million task order has a 3-year period of performance (one-year base, plus two, one-year options), tasking SAIC with modernizing DRRS to create a predictive, proactive readiness management tool for the DoD.

    Notable Recompete Awards:

    U.S. Space and Intelligence Community: During the quarter, SAIC was awarded approximately $480 million of contract awards by space and intelligence organizations. These awards represent a combination of new business and recompetes.

    Notable Awards Subsequent to Period End (not included in current quarter bookings):

    U.S. Army Combat Capabilities Development Command (CCDC) Aviation and Missile Center (AvMC): Subsequent to the end of the quarter, SAIC was awarded the System Software Lifecycle Engineering contract, a five-year (one year base, plus four, one-year option periods) $1.8 billion contract to continue mission engineering, integration, software development, and other life cycle support to CCDC-AvMC. Under the five-year award, SAIC will continue to develop and integrate advanced technologies throughout the software life cycle, including software development and maintenance.

    Fiscal Year 2026 Guidance

    The Company’s outlook for fiscal year 2026 is being provided. The table below summarizes fiscal year 2026 guidance and represents our views as of March 17, 2025. 

      CURRENT Fiscal Year PRIOR Fiscal Year
      2026 Guidance 2026 Targets
    Revenue $7.60B – $7.75B $7.55B – $7.75B
    Adjusted EBITDA(1) $715M – $735M ~$720M
    Adjusted EBITDA Margin %(1) 9.4% – 9.6% 9.3% – 9.5%
    Adjusted Diluted EPS(1) $9.10 – $9.30 $8.90 – $9.10
    Free Cash Flow(1) $510M – $530M $510M – $530M

    (1) Non-GAAP measure, see Schedule 6 for information about this measure.

    Webcast Information

    SAIC management will discuss operations and financial results in an earnings conference call beginning at 10 a.m. Eastern time on March 17, 2025. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the SAIC website (investors.saic.com). We will be providing webcast access only – “dial-in” access is no longer available. Additionally, a supplemental presentation will be available to the public through links to the Investor Relations section of the SAIC website. After the call concludes, an on-demand audio replay of the webcast can be accessed on the Investor Relations website.

    About SAIC

    SAIC is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion.​​​​ For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Contacts

    Investor Relations: Joe DeNardi, joseph.w.denardi@saic.com 

    Media: Kara Ross, kara.g.ross@saic.com 

    GAAP to Non-GAAP Guidance Reconciliation

    The Company does not provide a reconciliation of forward-looking adjusted diluted EPS to GAAP diluted EPS or adjusted EBITDA margin to GAAP net income due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Because certain deductions for non-GAAP exclusions used to calculate net income may vary significantly based on actual events, the Company is not able to forecast GAAP diluted EPS or GAAP net income with reasonable certainty. The variability of the above charges may have an unpredictable and potentially significant impact on our future GAAP financial results.

    Forward-Looking Statements

    Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

    Schedule 1:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    CONDENSED AND CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
     
      Three Months Ended   Year Ended
      January 31,
    2025
    		     February 2,
    2024    		     January 31,
    2025
    		     February 2,
    2024    		  
      (in millions, except per share amounts)
    Revenues $       1,838     $ 1,737     $       7,479     $ 7,444  
    Cost of revenues           1,606       1,545               6,587       6,572  
    Selling, general and administrative expenses               94       114                 339       373  
    (Gain) loss on divestitures, net of transaction costs                —       —                    —       (240 )
    Other operating (income) expense                —       (1 )                (10 )     (2 )
    Operating income             138       79                 563       741  
    Interest expense, net               29       32                 126       120  
    Other (income) expense, net                 2       (1 )                   9       1  
    Income before income taxes             107       48                 428       620  
    Provision for income taxes                (9 )     (9 )                (66 )     (143 )
    Net income $           98     $ 39     $          362     $ 477  
                   
    Weighted-average number of shares outstanding:              
    Basic            48.6       52.0                50.1       53.1  
    Diluted            49.0       52.7                50.5       53.7  
    Earnings per share:              
    Basic $         2.02     $ 0.75     $         7.23     $ 8.98  
    Diluted $         2.00     $ 0.74     $         7.17     $ 8.88  

    Schedule 2:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    CONDENSED AND CONSOLIDATED BALANCE SHEETS
    (Unaudited)
      January 31,
    2025
    		   February 2,
    2024
      (in millions)
    ASSETS      
    Current assets:      
    Cash and cash equivalents $              56   $ 94
    Receivables, net             1,000     914
    Prepaid expenses and other current assets                 98     123
    Total current assets             1,154     1,131
    Goodwill             2,851     2,851
    Intangible assets, net                779     894
    Property, plant, and equipment, net                104     91
    Operating lease right of use assets                164     152
    Other assets                194     195
    Total assets $         5,246   $ 5,314
           
    LIABILITIES AND EQUITY      
    Current liabilities:      
    Accounts payable and accrued liabilities $            744   $ 711
    Accrued payroll and employee benefits                339     370
    Debt, current portion                313     77
    Total current liabilities             1,396     1,158
    Debt, net of current portion             1,907     2,022
    Operating lease liabilities                173     147
    Deferred income taxes                 24     28
    Other long-term liabilities                169     174
    Equity:      
    Total stockholders’ equity             1,577     1,785
    Total liabilities and stockholders’ equity $         5,246   $ 5,314

    Schedule 3:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    CONDENSED AND CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)
     
      Three Months Ended   Year Ended
      January 31,
    2025
    		     February 2,
    2024    		     January 31,
    2025
    		     February 2,
    2024    		  
      (in millions)
    Cash flows from operating activities:              
    Net income $            98     $ 39     $          362     $ 477  
    Adjustments to reconcile net income to net cash provided by operating activities:              
    Depreciation and amortization               36       36                  140       142  
    Deferred income taxes               12       16                    (3 )     (17 )
    Stock-based compensation expense               15       26                   53       68  
    Gain on divestitures                —       —                    —       (247 )
    Other                 2       (2 )                  (7 )     (6 )
    Increase (decrease) resulting from changes in operating assets and liabilities, net of the effect of the acquisitions and divestitures:              
    Receivables               22       96                  (86 )     (46 )
    Prepaid expenses and other current assets                (7 )     (56 )                 24       (43 )
    Other assets                (9 )     (19 )                   1       (14 )
    Accounts payable and accrued liabilities              (71 )     (128 )                 48       13  
    Accrued payroll and employee benefits               28       53                  (31 )     49  
    Operating lease assets and liabilities, net                 1       (1 )                  (6 )     (4 )
    Other long-term liabilities              (12 )     3                    (1 )     24  
    Net cash provided by operating activities   115       63                  494       396  
    Cash flows from investing activities:              
    Expenditures for property, plant, and equipment              (15 )     (11 )                (36 )     (27 )
    Purchases of marketable securities                (3 )     (2 )                (14 )     (8 )
    Sales of marketable securities                 2       1                   12       6  
    Proceeds from sale of equity method investments                —       —                   10       —  
    Proceeds from divestitures                —       —                    —       356  
    Cash divested upon deconsolidation of joint venture                —       —                    —       (8 )
    Other                (4 )     2                    (7 )     (5 )
    Net cash (used in) provided by investing activities              (20 )     (10 )                (35 )     314  
    Cash flows from financing activities:              
    Principal payments on borrowings            (325 )     (166 )           (1,381 )     (441 )
    Proceeds from borrowings              385       —               1,499       160  
    Stock repurchased and retired or withheld for taxes on equity awards            (133 )     (89 )              (558 )     (382 )
    Dividend payments to stockholders              (18 )     (19 )                (75 )     (79 )
    Issuances of stock                 6       4                   20       17  
    Other                —       —                    (3 )     —  
    Net cash used in financing activities              (85 )     (270 )              (498 )     (725 )
    Net increase (decrease) in cash, cash equivalents and restricted cash               10       (217 )                (39 )     (15 )
    Cash, cash equivalents and restricted cash at beginning of period               54       320                  103       118  
    Cash, cash equivalents and restricted cash at end of period $            64     $ 103     $            64     $ 103  

    Schedule 4:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    SEGMENT OPERATING RESULTS
    (Unaudited)
     
      Three Months Ended   Year Ended
      January 31,
    2025
    		     February 2,
    2024    		     January 31,
    2025    		     February 2,
    2024    		  
      (in millions)
    Revenues              
    Defense and Intelligence $ 1,360     $ 1,352     $ 5,726     $ 5,817  
    Civilian   478       385       1,753       1,627  
    Total revenues $ 1,838     $ 1,737     $ 7,479     $ 7,444  
                   
    Operating income (loss)              
    Defense and Intelligence $ 96     $ 100     $ 440     $ 436  
    Civilian   63       19       168       158  
    Corporate   (21 )     (40 )     (45 )     147  
    Total operating income $ 138     $ 79     $ 563     $ 741  
                   
    Operating margin              
    Defense and Intelligence   7.1 %     7.4 %     7.7 %     7.5 %
    Civilian   13.2 %     4.9 %     9.6 %     9.7 %
    Total operating margin   7.5 %     4.5 %     7.5 %     10.0 %
                   
    Adjusted operating income (loss)(1)              
    Defense and Intelligence $ 113     $ 117     $ 509     $ 504  
    Civilian   75       31       216       206  
    Corporate   (12 )     (24 )     (20 )     (51 )
    Total adjusted operating income(1) $ 176     $ 124     $ 705     $ 659  
                   
    Adjusted operating margin(1)              
    Defense and Intelligence   8.3 %     8.7 %     8.9 %     8.7 %
    Civilian   15.7 %     8.1 %     12.3 %     12.7 %
    Total adjusted operating margin(1)   9.6 %     7.1 %     9.4 %     8.9 %


    Defense and Intelligence Results

    Revenues in the fourth quarter increased $8 million or 0.6% compared to the same period in the prior year primarily due to ramp up in volume on existing and new contracts, partially offset by contract completions.

    Revenues in the fiscal year decreased $91 million or 2% compared to the prior year primarily due to the sale of the Supply Chain Business ($188 million) in the prior year, and contract completions. This was partially offset by ramp up in volume on existing and new contracts. Adjusting for the impact of the divestiture, revenues grew 1.7%.

    Operating income and adjusted operating income(1) as a percentage of revenues in the fourth quarter decreased compared to the same period in the prior year primarily due to timing and volume mix.

    Operating income and adjusted operating income(1) as a percentage of revenues in the fiscal year increased from the prior year primarily due to ramp up in volume on existing and new contracts, and the resolution of the AAV contract termination, partially offset by contract completions and the gain on sale of the Supply Chain Business in the prior year.

    Civilian Results

    Revenues in the fourth quarter increased $93 million or 24% compared to the same period in the prior year primarily due to ramp up in volume on existing contracts, partially offset by contract completions.

    Revenues in the fiscal year increased $126 million or 8% compared to the prior year primarily due to ramp up in volume on existing and new contracts, partially offset by contract completions.

    Operating income and adjusted operating income(1) as a percentage of revenues in the fourth quarter increased compared to the same period in the prior year primarily due to improved profitability across our contract portfolio.

    Operating income and adjusted operating income(1) as a percentage of revenues in the fiscal year decreased compared to the prior year primarily due to timing and volume mix.

    Corporate Results

    Operating loss and adjusted operating loss(1) in the fourth quarter decreased $19 million and $12 million, respectively, compared to the same period in the prior year primarily due to lower incentive-based compensation expense, including acceleration of stock-based compensation related to the reorganization and executive transition in the prior year.

    Operating loss in the fiscal year increased $192 million compared to the prior year primarily due to gain on the sale of the Supply Chain Business in the prior year ($233 million) and the gain recognized from the deconsolidation of FSA ($7 million) in the prior year, partially offset by lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    Adjusted operating loss(1) in the fiscal year decreased $31 million compared to the prior year primarily due to lower incentive-based compensation expense, and lower stock-based compensation related to the restructuring and executive transition.

    (1) Non-GAAP measure, see Schedule 6 for information about this measure.

    Schedule 5:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    BACKLOG
    (Unaudited)
     
    The estimated value of our total backlog as of the dates presented was:
     
      January 31, 2025   February 2, 2024
      Defense and
    Intelligence    		 Civilian Total SAIC   Defense and
    Intelligence    		 Civilian Total SAIC
      (in millions)
    Funded backlog $ 2,599 $          845 $ 3,444   $ 2,707 $ 832 $ 3,539
    Negotiated unfunded backlog   15,341           3,072   18,413     16,316   2,908   19,224
    Total backlog $ 17,940 $       3,917 $ 21,857   $ 19,023 $ 3,740 $ 22,763


    Backlog represents the estimated amount of future revenues to be recognized under negotiated contracts and task orders as work is performed and excludes contract awards which have been protested by competitors until the protest is resolved in our favor. SAIC segregates backlog into two categories, funded backlog and negotiated unfunded backlog. Funded backlog for contracts with government agencies primarily represents contracts for which funding is appropriated less revenues previously recognized on these contracts, and does not include the unfunded portion of contracts where funding is incrementally appropriated or authorized by the U.S. government and other customers even though the contract may call for performance over a number of years. Funded backlog for contracts with non-government agencies represents the estimated value of contracts which may cover multiple future years under which SAIC is obligated to perform, less revenues previously recognized on these contracts. Negotiated unfunded backlog represents the estimated future revenues to be earned from negotiated contracts for which funding has not been appropriated or authorized, and unexercised priced contract options. Negotiated unfunded backlog does not include any estimate of future potential task orders expected to be awarded under indefinite delivery, indefinite quantity (IDIQ), U.S. General Services Administration (GSA) schedules or other master agreement contract vehicles, with the exception of certain IDIQ contracts where task orders are not competitively awarded and separately priced but instead are used as a funding mechanism, and where there is a basis for estimating future revenues and funding on future anticipated task orders.

    Schedule 6:

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    This schedule describes the non-GAAP financial measures included in this earnings release. While we believe that these non-GAAP financial measures may be useful in evaluating our financial information, they should be considered as supplemental in nature and not as a substitute for financial information prepared in accordance with GAAP. Reconciliations, definitions, and how we believe these measures are useful to management and investors are provided below. Other companies may define similar measures differently.

    EBITDA and Adjusted EBITDA

      Three Months Ended   Year Ended
      January 31,
    2025
    		     February 2,
    2024    		     January 31,
    2025
    		     February 2,
    2024    		  
      (in millions)
    Revenues $ 1,838     $ 1,737     $ 7,479     $ 7,444  
    Net income   98       39       362       477  
    Interest expense, net and loss on sale of receivables   32       34       140       129  
    Provision for income taxes   9       9       66       143  
    Depreciation and amortization   36       36       140       142  
    EBITDA(1) $ 175     $ 118     $ 708     $ 891  
    EBITDA as a percentage of revenues   9.5 %     6.8 %     9.5 %     12.0 %
    Acquisition and integration costs   —       —       (2 )     1  
    Restructuring and impairment costs   4       15       8       23  
    Depreciation included in restructuring and impairment costs   (1 )     (1 )     (1 )     (1 )
    Recovery of acquisition and integration costs and restructuring and impairment costs   (1 )     (5 )     (3 )     (6 )
    Gain on divestitures, net of transaction costs   —       —       —       (240 )
    Adjusted EBITDA(1) $ 177     $ 127     $ 710     $ 668  
    Adjusted EBITDA as a percentage of revenues   9.6 %     7.3 %     9.5 %     9.0 %


    EBITDA is a performance measure that is calculated by taking net income and excluding interest and loss on sale of receivables, provision for income taxes, and depreciation and amortization. Adjusted EBITDA is a performance measure that excludes the impact     of non-recurring transactions that we do not consider to be indicative of our ongoing operating performance. The acquisition and integration costs relate to the Company’s acquisitions. The restructuring and impairment costs represent the reorganization and facilities optimization costs or impairments of long-lived assets, along with associated depreciation included in those restructuring and impairment costs. The recovery of acquisition and integration costs and restructuring and impairment costs relate to costs recovered through the Company’s indirect rates in accordance with Cost Accounting Standards. The (gain) loss on divestitures includes gains associated with the deconsolidation of FSA and the sale of the logistics and supply chain management business, net of transaction costs. We believe that these performance measures provide management and investors with useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company.

    (1) Non-GAAP measure, see above for definition.

    Schedule 6 (continued):

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Operating Income

      Three Months Ended January 31, 2025
      GAAP
    results
    		     Restructuring
    and
    impairment
    costs    		   Depreciation
    included in
    restructuring and
    impairment costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Depreciation of
    property, plant,
    and equipment    		   Amortization
    of intangible
    assets    		   Non-GAAP
    results(1)
    		     Non-GAAP
    operating
    margin(1)    		  
      (in millions)
    Defense and Intelligence $          96     $ —   $ —     $ —     $ 1   $ 16   $ 113     8.3 %
    Civilian             63       —     —       —       —     12               75     15.7 %
    Corporate            (21 )     4     (1 )     (1 )     7     —              (12 )   NM
    Total $        138     $            4   $             (1 )   $               (1 )   $              8   $          28   $        176     9.6 %
      Three Months Ended February 2, 2024
      GAAP
    results
    		     Restructuring
    and
    impairment
    costs    		   Depreciation
    included in
    restructuring and
    impairment
    costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Depreciation of
    property, plant,
    and equipment    		   Amortization
    of intangible
    assets    		   Non-GAAP
    results(1)
    		     Non-GAAP
    operating
    margin(1)    		  
      (in millions)
    Defense and Intelligence $        100     $ —   $ —     $ —     $ —   $ 17   $ 117     8.7 %
    Civilian             19       —     —       —       —     12               31     8.1 %
    Corporate            (40 )     15     (1 )     (5 )     7     —              (24 )   NM
    Total $          79     $          15   $              (1 )   $              (5 )   $              7   $          29   $        124     7.1 %


    Adjusted operating income is a performance measure that primarily excludes the impact of non-recurring transactions that we do not consider to be indicative of our ongoing operating performance. The acquisition and integration costs relate to the Company’s acquisitions. The restructuring and impairment costs represent the reorganization and facilities optimization costs or impairments of long-lived assets, along with associated depreciation included in those restructuring and impairment costs. The recovery of acquisition and integration costs and restructuring and impairment costs relate to costs recovered through the Company’s indirect rates in accordance with Cost Accounting Standards. Depreciation of property, plant, and equipment relates to property, plant, and equipment specifically identifiable for each segment. Adjusted operating income also excludes amortization of intangible assets because we do not have a history of significant acquisition activity, we do not acquire businesses on a predictable cycle, and the amount of an acquisition’s purchase price allocated to intangible assets and the related amortization term are unique to each acquisition. We believe that these performance measures provide management and investors with useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company.

    (1) Non-GAAP measure, see above for definition.

    Schedule 6 (continued):

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Operating Income

      Year Ended January 31, 2025
      GAAP
    results
    		     Acquisition
    and
    integration
    costs    		     Restructuring
    and
    impairment
    costs    		   Depreciation
    included in
    restructuring
    and
    impairment
    costs    		     Recovery of
    acquisition and
    integration
    costs and
    restructuring
    and impairment
    costs    		     Depreciation of
    property, plant,
    and equipment    		   Amortization
    of intangible
    assets    		   Non-GAAP
    results(1)
    		     Non-GAAP
    operating
    margin(1)    		  
      (in millions)
    Defense and Intelligence $     440     $          —     $          —   $         —     $              —     $             2   $          67   $        509     8.9 %
    Civilian         168                  —                 —               —                      —                   —                48             216     12.3 %
    Corporate         (45 )                (2 )                 8               (1 )                    (3 )                 23                —              (20 )   NM
    Total $     563     $          (2 )   $           8   $         (1 )   $              (3 )   $           25   $        115    $        705     9.4 %
      Year Ended February 2, 2024
      GAAP
    results    		   Acquisition
    and
    integration
    costs    		   Restructuring
    and
    impairment
    costs    		   Depreciation
    included in
    restructuring
    and
    impairment
    costs    		   Recovery of
    acquisition and
    integration
    costs and
    restructuring
    and impairment
    costs    		   Depreciation of
    property, plant,
    and equipment    		   Amortization
    of intangible
    assets    		   Gain on
    divestitures,
    net of
    transaction
    costs    		   Non-GAAP
    results(1)    		   Non-GAAP
    operating
    margin(1)
      (in millions)
    Defense and Intelligence $   436   $       —   $          —   $         —     $            —     $          1   $        67   $          —     $    504     8.7 %
    Civilian       158             —               —               —                    —                 —              48               —            206     12.7 %
    Corporate       147              1               23               (1 )                  (6 )              25              —            (240 )          (51 )   NM
    Total $   741   $         1   $         23   $         (1 )   $            (6 )   $        26   $      115    $      (240 )   $    659     8.9 %


    Adjusted operating income is a performance measure that primarily excludes the impact of non-recurring transactions that we do not consider to be indicative of our ongoing operating performance. The acquisition and integration costs relate to the Company’s acquisitions. The restructuring and impairment costs represent the reorganization and facilities optimization costs or impairments of long-lived assets, along with associated depreciation included in those restructuring and impairment costs. The recovery of acquisition and integration costs and restructuring and impairment costs relate to costs recovered through the Company’s indirect rates in accordance with Cost Accounting Standards. Depreciation of property, plant, and equipment relates to property, plant, and equipment specifically identifiable for each segment. Adjusted operating income also excludes amortization of intangible assets because we do not have a history of significant acquisition activity, we do not acquire businesses on a predictable cycle, and the amount of an acquisition’s purchase price allocated to intangible assets and the related amortization term are unique to each acquisition. The (gain) loss on divestitures includes gains associated with the deconsolidation of FSA and the sale of the logistics and supply chain management business, net of transaction costs. We believe that these performance measures provide management and investors with useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company.

    (1) Non-GAAP measure, see above for definition.

    Schedule 6 (continued):

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Diluted Earnings Per Share

      Three Months Ended January 31, 2025
      As Reported
    		     Restructuring
    and
    impairment
    costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Amortization of
    intangible
    assets    		     Non-GAAP
    results(1)
    		  
      (in millions, except per share amounts)
    Income before income taxes $                107     $ 4     $ (1 )   $ 28     $                138  
    Income tax expense                       (9 )     (1 )     —       (2 )                       (12 )
    Net income $                  98     $ 3     $ (1 )   $ 26     $                126  
                       
    Diluted EPS $               2.00     $ 0.06     $ (0.02 )   $ 0.53     $               2.57  
      Three Months Ended February 2, 2024
      As Reported
    		     Restructuring
    and
    impairment
    costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Amortization of
    intangible
    assets    		     Gain on
    divestitures,
    net of transaction
    costs    		   Non-GAAP
    results(1)
    		  
      (in millions, except per share amounts)
    Income before income taxes $                  48     $ 15     $ (5 )   $ 29     $ —   $                  87  
    Income tax expense                       (9 )     (1 )     1       (5 )     2                       (12 )
    Net Income $                  39     $ 14     $ (4 )   $ 24     $ 2   $                  75  
                           
    Diluted EPS $               0.74     $ 0.27     $ (0.08 )   $ 0.46     $ 0.04   $               1.43  


    Adjusted diluted earnings per share is a performance measure that excludes the impact of non-recurring transactions that we do not consider to be indicative of our ongoing operating performance. The acquisition and integration costs relate to the Comp    any’s acquisitions. The restructuring and impairment costs represent the reorganization and facilities optimization costs or impairments of long-lived assets. The recovery of acquisition and integration costs and restructuring and impairment costs relate to costs recovered through the Company’s indirect rates in accordance with Cost Accounting Standards. Adjusted diluted earnings per share also excludes amortization of intangible assets because we do not have a history of significant acquisition activity, we do not acquire businesses on a predictable cycle, and the amount of an acquisition’s purchase price allocated to intangible assets and the related amortization term are unique to each acquisition. The (gain) loss on divestitures includes gains associated with the sale of the logistics and supply chain management business, net of transaction costs. We believe that this performance measure provides management and investors with useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company.

    (1) Non-GAAP measure, see above for definition.

    Schedule 6 (continued):

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Diluted Earnings Per Share

      Year Ended January 31, 2025
      As Reported
    		     Acquisition
    and
    integration
    costs    		     Restructuring
    and
    impairment
    costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Amortization of
    intangible
    assets    		     Non-GAAP
    results(1)
    		  
      (in millions, except per share amounts)
    Income before income taxes $              428     $ (2 )   $ 8     $ (3 )   $ 115     $              546  
    Income tax expense                  (66 )     —       (1 )     —       (18 )                    (85 )
    Net income $              362     $ (2 )   $ 7     $ (3 )   $ 97     $              461  
                           
    Diluted EPS $            7.17     $ (0.04 )   $ 0.14     $ (0.06 )   $ 1.92     $            9.13  
      Year Ended February 2, 2024
      As
    Reported
    		     Acquisition
    and
    integration
    costs    		   Restructuring
    and
    impairment
    costs    		     Recovery of
    acquisition and
    integration costs
    and restructuring
    and impairment
    costs    		     Amortization of
    intangible
    assets    		     Gain on
    divestitures,
    net of
    transaction costs    		     Non-GAAP
    results(1)
    		  
      (in millions, except per share amounts)
    Income before income taxes $          620     $ 1   $ 23     $ (6 )   $ 115     $ (240 )   $            513  
    Income tax expense            (143 )     —     (2 )     1       (21 )     75                    (90 )
    Net Income $          477     $ 1   $ 21     $ (5 )   $ 94     $ (165 )   $            423  
                               
    Diluted EPS $        8.88     $ 0.02   $ 0.39     $ (0.09 )   $ 1.75     $ (3.07 )   $          7.88  


    Adjusted diluted earnings per share is a performance measure that excludes the impact of non-recurring transactions that we do not consider to be indicative of our ongoing o    perating performance. The acquisition and integration costs relate to the Company’s acquisitions. The restructuring and impairment costs represent the reorganization and facilities optimization costs or impairments of long-lived assets. The recovery of acquisition and integration costs and restructuring and impairment costs relate to costs recovered through the Company’s indirect rates in accordance with Cost Accounting Standards. Adjusted diluted earnings per share also excludes amortization of intangible assets because we do not have a history of significant acquisition activity, we do not acquire businesses on a predictable cycle, and the amount of an acquisition’s purchase price allocated to intangible assets and the related amortization term are unique to each acquisition. The (gain) loss on divestitures includes gains associated with the deconsolidation of FSA and the sale of the logistics and supply chain management business, net of transaction costs. We believe that this performance measure provides management and investors with useful information in assessing trends in our ongoing operating performance and may provide greater visibility in understanding the long-term financial performance of the Company.

    (1) Non-GAAP measure, see above for definition.

    Schedule 6 (continued):

    SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
    NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Free Cash Flow

      Three Months Ended   Year Ended
      January 31,
    2025
    		     February 2,
    2024    		     January 31,
    2025
    		     February 2,
    2024    		  
      (in millions)
    Net cash provided by operating activities $ 115     $ 63     $          494     $ 396  
    Expenditures for property, plant, and equipment              (15 )     (11 )                (36 )     (27 )
    Cash used (provided) by MARPA Facility              136       45                   41       45  
    Free cash flow(1) $          236     $ 97     $          499     $ 414  
    L&SCM divestiture transaction fees                —       —                    —       7  
    L&SCM divestiture cash taxes                —       18                    —       74  
    L&SCM divestiture transition services                —       4                     8       (9 )
    Transaction-adjusted free cash flow(1) $          236     $ 119     $          507     $ 486  
      FY26 Guidance
      (in millions)
    Net cash provided by operating activities $545M to $565M
    Expenditures for property, plant, and equipment Approximately $35M
    Free cash flow(1) $510M to $530M


    Free cash flow is calculated by taking cash flows provided by operating activities less expenditures for property, plant, and equipment and less cash flows from our Master Accounts Receivable Purchasing Agreement (MARPA Facility) for the sale of certain designated eligible U.S. government receivables. Under the MARPA Facility, the Company can sell eligible receivables up to a maximum amount of $300 million. Transaction-adjusted free cash flow excludes cash taxes, transaction fees, and other costs related to the divestiture of the logistics and supply chain management business from free cash flow as previously defined. We believe that free cash flow and transaction-adjusted free cash flow provides management and investors with useful information in assessing trends in our cash flows and in comparing them to other peer companies, many of whom present similar non-GAAP liquidity measures. These measures should not be considered as a measure of residual cash flow available for discretionary purposes.

    (1)Non-GAAP measure, see above for definition.

    The MIL Network –