NewzIntel.com

Category: Military Intelligence

  • MIL-OSI USA News: The White House Announces White House Ballroom Construction to Begin

    Source: US Whitehouse

    Washington, D.C. — For 150 years, Presidents, Administrations, and White House Staff have longed for a large event space on the White House complex that can hold substantially more guests than currently allowed. President Donald J. Trump has expressed his commitment to solving this problem on behalf of future Administrations and the American people.
     
    The White House is one of the most beautiful and historic buildings in the world, yet the White House is currently unable to host major functions honoring world leaders and other countries without having to install a large and unsightly tent approximately 100 yards away from the main building entrance. The White House State Ballroom will be a much-needed and exquisite addition of approximately 90,000 total square feet of innately designed and carefully crafted space, with a seated capacity of 650 people — a significant increase from the 200-person seated capacity in the East Room of the White House.
     
    In recent weeks, President Trump has held several meetings with members of the White House Staff, the National Park Service, the White House Military Office, and the United States Secret Service to discuss design features and planning. 
     
    President Trump has chosen McCrery Architects as lead architect, which is well-known for their classical architectural design and based in our nation’s capital. CEO Jim McCrery said: “Presidents in the modern era have faced challenges hosting major events at the White House because it has been untouched since President Harry Truman. I am honored that President Trump has entrusted me to help bring this beautiful and necessary renovation to The People’s House, while preserving the elegance of its classical design and historical importance.”
     
    The construction team will be headed by Clark Construction, and the engineering team will be led by AECOM. 
     
    The project will begin in September 2025, and it is expected to be completed long before the end of President Trump’s term. 
     
    President Trump, and other patriot donors, have generously committed to donating the funds necessary to build this approximately $200 million dollar structure. The United States Secret Service will provide the necessary security enhancements and modifications. 
     
    The White House Ballroom will be substantially separated from the main building of the White House, but at the same time, it’s theme and architectural heritage will be almost identical. The site of the new ballroom will be where the small, heavily changed, and reconstructed East Wing currently sits. The East Wing was constructed in 1902 and has been renovated and changed many times, with a second story added in 1942. 
     
    The White House Chief of Staff Susie Wiles said the following: “President Trump is a builder at heart and has an extraordinary eye for detail. The President and the Trump White House are fully committed to working with the appropriate organizations to preserving the special history of the White House while building a beautiful ballroom that can be enjoyed by future Administrations and generations of Americans to come.” 
     
    The White House will continue to provide the American public with updates on this project at whitehouse.gov/visit.

    MIL OSI USA News –

  • MIL-OSI USA: Nearly all National Guard soldiers in Los Angeles are demobilizing, Governor Newsom demands those remaining be released

    Source: US State of California 2

    Jul 31, 2025

    What you need to know: With nearly all National Guard soldiers demobilizing, Governor Gavin Newsom is calling on the President to allow the 300 remaining National Guard soldiers to go home now. 

    Los Angeles, California – Nearly two months after the unlawful federalization of units of the California National Guard, and deployment of almost 5,000 soldiers in the Los Angeles area, all but 300 National Guard members are able to go home. So far, 4,700 soldiers have begun demobilizing. The President should allow the remaining soldiers to go back to their families, communities, and civilian professions as doctors, law enforcement and teachers.

    President Trump is realizing that his political theater backfired. This militarization was always unnecessary and deeply unpopular. The President must do the right thing to end this illegal militarization now because the economic and societal impacts are dire. The women and men of our military deserve more than to be used as props in the federal government’s propaganda machine.

    Governor Gavin Newsom

    Although it is unclear whether the National Guard has received formalized orders to begin additional demobilizations, an estimated 300 guardsmembers will continue to be stationed at Joint Forces Training Base, Los Alamitos without a clear mission, direction, or a timeline for returning to their communities. California urges Trump and the Department of Defense to end this theatrical deployment and send all remaining guardsmembers home immediately.

    Earlier this month, 2,000 federalized National Guard members and 700 Marines were called off their mission in Los Angeles. However, nearly 2,000 soldiers remained at Los Alamitos. 

    Economic impact of this political theater 

    After the federal government deployed the military unlawfully and began ramping up immigration raids statewide, the number of people reporting to work in the private sector in California decreased by 3.1% — a downturn only recently matched by the period when people stayed home from work during the COVID-19 lockdown.

    Governor Newsom recently met with local restaurant owners in the City of Bell and faith leaders in Downey to discuss the economic impact these indiscriminate immigration actions have had on their small business.

    Trump’s actions have a ripple effect – the state’s economy is likely to contract later this year due to fallout from global tariffs and immigration raids in Los Angeles and other cities that have rattled key sectors, including construction, hospitality, and agriculture, according to a UCLA Anderson forecast. 

    Mass arrests, detentions and deportations in California could slash $275 billion from the state’s economy and eliminate $23 billion in annual tax revenue. The loss of immigrant workers, undocumented and those losing lawful status under the Trump administration, would delay projects (including rebuilding Los Angeles after the wildfires), reduce food supply, and drive up costs. Undocumented immigrants contributed $8.5 billion in state and local taxes in 2022 — a number that would rise to $10.3 billion if these taxpayers could apply to work lawfully.

    Drugs arriving at the border, fewer soldiers to stop them

    Typically, under the Governor’s command, nearly 450 servicemembers are deployed statewide, including at ports of entry, to combat transnational criminal organizations and seize illegal narcotics. CalGuard’s servicemembers dedicated to the state’s Counterdrug Task Force have been reassigned by President Trump to militarize Los Angeles. The consequences are dire – CalGuard’s efforts help ensure the public safety of communities statewide.

    Police off the streets, teachers out of classrooms

    Of the 4,000 National Guard members sent to Los Angeles under Trump’s order, their servicemembers have been pulled from essential civilian duties such as medical and first responders, service workers, building trades contractors, law enforcement personnel, corrections officers, civil service and government workers, technology specialists, educators and teachers, and agriculture workers.

    End the power grab now

    Community leaders, public officials, veterans and others agree – the federal government’s actions in California not only have a chilling effect on the state’s society and economy, but also continue to undermine the valuable contributions from members of the military while in and out of uniform. 

    Republican and Democratic former governors agree—Trump’s federalization violates the critical balance between state and federal government. Recently, a bipartisan group of 25 former governors filed a brief in support of Newsom v. Trump, urging the court to enforce state sovereignty and block the unprecedented federalization of the National Guard. 

    Retired four-star admirals and generals and former secretaries of the Army and Navy filed another amicus brief outlining the grave risks of Trump’s illegal takeover of the CalGuard. Several veterans and veteran rights’ groups came together to decry Trump’s militarization of California.

    Recent news

    Jul 30, 2025

    News What you need to know: In response to concerns from local elected leaders and community members about the potential for widespread SB 9 development concentrated in areas rebuilding from destructive fires and crowding evacuation routes, the Governor today issued…

    Jul 30, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills:AB 17 by Assemblymember Juan Alanis (R-Modesto) – Elections: precinct maps.AB 377 by Assemblymember David Tangipa (R-Clovis) – High-Speed Rail Authority: business plan:…

    Jul 30, 2025

    News What you need to know: California is standing up for all Americans by challenging Trump’s unlawful tariff policy, which is slowing the national economy and raising prices for consumers.  SACRAMENTO – Governor Gavin Newsom today filed an amicus brief in support of…

    MIL OSI USA News –

  • MIL-OSI Security: CEO and Medical Director Charged in $500M COVID-19 Test Billing Fraud

    Source: Office of United States Attorneys

    DETROIT – Two individuals were charged for their involvement in a $500 million, nationwide scheme that involved billing Medicare, Medicaid, TRICARE, and other health insurance programs for COVID-19 testing services that were never rendered, United States Attorney Jerome F. Gorgon Jr. announced today.

    Cemhan “Jimmy” Biricik (age 46) of Boca Raton Florida, and Dr. Martin Perlin (age 74) of Fairfield, Connecticut were charged with conspiracy to commit health care fraud and more than 50 substantive counts of health care fraud. Biricik was the sole member and Chief Executive Officer of Fast Lab Technologies, LLC (Fast Lab).  Dr. Perlin was Fast Lab’s Medical Director and provider responsible for ordering the majority of the tests. Both defendants were arrested this morning.

    According to the Indictment, during the Covid-19 pandemic, New York-based Fast Lab operated a website offering “free” covid tests.  When individuals went to the website to order tests, they were asked to provide their insurance information.  Fast Lab then used this insurance information to fraudulently bill Medicare, Medicaid, TRICARE and numerous private insurances for both antigen (“rapid”) and PCR (“laboratory) tests, across multiple dates for each beneficiary. Specifically, Fast Lab’s claims represented that (1) the antigen tests had been observed by medical professionals, (2) saliva samples were collected by medical professionals, and (3) PCR testing was performed on those samples.  In reality, the vast majority of antigen tests—if taken at all—were taken at home and not observed by medical professionals; saliva samples were never collected nor returned to Fast Lab; and PCR testing was never performed. Dr. Perlin was the ordering physician for these tests, despite not having a treating relationship with the beneficiaries.  Further, Fast Lab would regularly submit insurance claims before the test kits were even delivered to the beneficiaries.  In total, Biricik billed or caused to be billed more than $500 million in claims and was paid more than $50 million.

    Gorgon was joined in the announcement by Special Agent in Charge Mario Pinto, U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG), Chicago Regional Office; Special Agent in Charge Cheyvoryea Gibson, Federal Bureau of Investigation, Detroit Division; Special Agent in Charge Derek M. Holt of the U.S. Office of Personnel Management Office of the Inspector General; Acting Assistant Secretary of Labor for the Employee Benefits Security Administration Janet Dhillon (DOL-EBSA); Detroit Division; Acting Special Agent in Charge Christopher Silvestro, Defense Criminal Investigative Service (DCIS); Special Agent in Charge Charles Miller, Detroit Field Office, Internal Revenue Service – Criminal Investigation (IRS-CI); Special Agent in Charge Megan Howell, Great Lakes Region, U.S. Department of Labor, Office of Inspector General (DOL-OIG); Acting Inspector in Charge Sean McStravick, U.S. Postal Inspection Service (USPIS); Owen Cypher, U.S. Marshal for the Eastern District of Michigan and Michigan Attorney General Dana Nessel, Medicaid Fraud Control Unit (MFCU).

    The public is reminded that an Indictment is not evidence of guilt. The defendants are presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.

    This case is being investigated by Special Agents from HHS-OIG, FBI, OPM-OIG, DOL-EBSA, DCIS, MFCU, IRS-CI, DOL-OIG, USPIS, and the U.S. Marshal’s Service.  It is being prosecuted by Assistant U.S. Attorneys Regina R. McCullough and Ryan A. Particka.  Assistant United States Attorney Ryan T. Nees of the United States Attorney’s Office for the Southern District of New York also provided assistance. 

    MIL Security OSI –

  • MIL-OSI: Carronade Shares Perspectives on Viasat

    Source: GlobeNewswire (MIL-OSI)

    Carronade Supports Spin-Off or IPO of the Defense and Advanced Technologies Business

    Potential 215% to 520% Upside in the Stock if Company Completes a Separation

    Defense and Advanced Technologies is Worth $50/share Alone

    DARIEN, Conn., July 31, 2025 (GLOBE NEWSWIRE) — Carronade Capital Management, LP on behalf of its managed entities (“Carronade Capital”, “our” or “we”), have beneficial ownership of approximately 2.6% of the outstanding shares of Viasat, Inc., (NASDAQ: VSAT) (“Viasat” or the “Company”) today issued the following open letter outlining its perspective on Viasat’s ongoing strategic review and offering a clear and effective way to unlock the substantial, unrealized value embedded within the Company.

    Carronade’s letter underscores a compelling case for separating the undervalued and underappreciated Defense and Advanced Technologies (“DAT”) segment, which could be one of the most attractive pure-play defense-technology platforms in the market today, with best-in-class margins, double-digit revenue growth and significant exposure to next-gen defense technologies. Carronade believes a successful execution of a DAT separation would crystallize value for shareholders, empower both DAT and Communications Services segments to chart focused, capital-efficient growth strategies and bolster financial flexibility to drive the share price up to $100 per share. Carronade believes the remaining Communications Services segment would have less debt and be positioned for free cash flow generation.

    Carronade urges Viasat’s Board and management team to prioritize a DAT spin as the key outcome of the ongoing strategic review and believes it would garner strong investor support.

    The full letter follows:

    Carronade Capital Management, LP on behalf of its managed entities (“Carronade Capital,” “our,” or “we”) have beneficial ownership of approximately 2.6% of the outstanding shares of Viasat, Inc., (“Viasat” or the “Company”), making us one of Viasat’s top investors. We have been investors in Viasat since 2023 and are long-term believers in the Company’s mission, the strength of its leadership team, and the extraordinary strategic position the Company holds at the intersection of secure communications, global connectivity, and aerospace and defense technology.

    Today, we wanted to share our view that the current valuation of Viasat fails to reflect the value of its most important asset — the Defense and Advanced Technologies (“DAT”) business. We believe that the time has come to separate this crown jewel through a spin-off or IPO, a step which we believe should unlock tremendous value and can result in the pre-event Viasat shares trading at a range of ~$50 to $100+ per share. With the strategic review process already underway, we believe this is the clearest, most effective way to unlock the substantial, unrealized value embedded within the Company.

    Highlight A Premier High-Growth Aerospace and Defense Tech Platform

    The case for separation is compelling. In our view, the DAT segment could be one of the most attractive standalone defense-technology platforms in the public markets today. With best-in-class margins, double-digit revenue growth, and significant exposure to next-generation defense and dual-use technologies, DAT is already delivering on a vision to which many public and private peers can only aspire.

    Excluding the non-recurring contribution from the litigation settlement in Q2 FY2024, as reported revenue within DAT grew almost 17% in the last 12 months, with LTM EBITDA margins of 28%. Demonstrating the continued rapid trajectory of this business, the Company reported in Q4 FY2025 that the backlog within DAT grew 50% year over year with a book-to-bill of 1.2x. These figures also screen extremely well under the “Rule of 40”, combining profitability with robust growth, and we strongly believe the business would be rewarded accordingly on a standalone basis.

    We believe DAT’s business lines span critical and rapidly growing areas. This is further enhanced by market share gains, driving growth that continues to exceed overall TAM growth. DAT has the potential to benefit across the following new initiatives and new technologies:

    • Golden Dome – falls under Tactical Networking and Space & Mission Systems within DAT (providing encrypted mesh networking, battle management systems, ISR integration)
      • DAT’s tactical networking and secure communications systems are highly applicable to layered air and missile defense systems such as the Golden Dome. Its encrypted mesh networks and ISR data links can help integrate interceptors, radars, and command nodes in contested environment        
    • Next-Generation Encryption – part of Information Security & Cyber Defense, a core DAT unit
      • Develops advanced, Type 1-certified encryption for high-assurance military communications. As defense agencies adopt edge-resilient encryption, we believe DAT stands to benefit from long-cycle upgrades across satellites, tactical radios, and classified networks
    • Drones (UAVs and UAS) – spans Tactical Networking and Space & Mission Systems
      • Anti-jam networking solutions for a wide range of unmanned aerial systems. As demand accelerates for autonomous ISR and strike platforms, we believe DAT is well positioned to scale its footprint across drone technology
    • Direct-to-Device (D2D) – supported by both Advanced Technology & Other and Space & Mission Systems
      • DAT is advancing D2D capabilities through both government waveform programs and a commercial joint initiative with UAE-based Space42, focused on developing a global, 3GPP-compliant multi-orbit NTN platform designed to enable future connectivity directly to unmodified smartphones and IoT devices using licensed L-band and S-band spectrum
    • Low Earth Orbit (LEO) – squarely in Space & Mission Systems
      • The Space & Mission Systems team provides space-qualified hardware, optical inter-satellite links, and advanced ground integration tools that support LEO network resilience. As multi-orbit architectures gain traction, they benefit from integration roles across both government and commercial constellations

    The above are all long-cycle, durable growth markets with deep commercial and government demand, and we believe DAT is already winning. Yet despite this backdrop, from our perspective the market is barely valuing DAT at all — its performance is being obscured by broader investor concerns with respect to Communication Services, as evidenced by a nearly 20% short interest in the stock.

    Carronade’s Analysis Supports $50 – $100+ per Share Valuation

    This disconnect is further underscored by the current valuation environment for DAT’s aerospace and defense peers. Mid-cap defense-technology companies such as Kratos Defense & Security Solutions, AeroVironment, Karman Holdings, Redwire, and Mercury Systems (“Comp Set”) have historically traded between 20x-40x EV/EBITDA, and in many cases are significantly higher today, as public investors seek exposure to the growth in the aerospace and defense industry. By contrast, the market appears to be pricing Viasat as a structurally challenged communications conglomerate. We believe this framing fails to recognize both the profitability and the growth trajectory of DAT.

    It is not an overstatement to say that from a value perspective, Viasat is an aerospace and defense tech focused company first, that also happens to be in the satellite communications business. Our analysis suggests, utilizing a 20% discount to the median 2025E EBITDA multiple of the DAT Comp Set, less overall net debt, a valuation of over $50/share – more than 3x the current stock price – excluding any value for the $1.3 billion EBITDA Communication Services business or the $8/share in value from the Ligado Networks settlement. In total, using the historical ranges for the DAT Comp Set and 4.0x1 on the Communication Services business, we believe the stock is worth between ~$50-$100/share, and well in excess of $100/share if DAT trades at the current median of the Comp Set.

    While each peer has a distinct focus, they are all aerospace and defense technology companies that we believe are well positioned to benefit from similar tailwinds. Over the past five years, this Comp Set has generally traded at 20x to 40x EBITDA, with further multiple expansion seen in 2025. The chart below illustrates the implied Viasat share price after applying these historical ranges to DAT, alongside a fixed 4.0x multiple for Communication Services and our assumptions for the present value of the recent Ligado Networks settlement.

    DAT’s implied size, revenue growth, leading margins, and exposure to the most exciting aerospace and defense themes, highlight the favorable comparability to the Comp Set as shown below. With 50% year over year backlog growth, strong book-to-bill, and new recent awards, we believe growth trends are supported into 2026 and beyond.

    We believe the separation of DAT would not only catalyze a re-rating of that business but also deliver material benefits to the remaining company. Viasat could retain a portion of the spin-off for future monetization. If an IPO were pursued, proceeds could be used to de-lever the balance sheet, bolstering capital flexibility, while reducing financial risk. Moreover, the current stock price implies standalone valuation near the lows after adjusting for the approximately $8/share Ligado Networks settlement value that was unanticipated by most market participants. Finally, we believe separating DAT would allow both businesses to be valued on their own strategic and financial merits and create transparency into the dramatically different growth, TAMs, margin profiles, and capital requirements of each.

    Resilient Global Communications Business

    Carronade also believes the Communications Services segment is materially misunderstood by the market with competitors such as Starlink and Kuiper catalyzing a substantial amount of pessimism on the shares. We believe a separation will help shine a light on the positive trajectory of this business.

    With five-to-ten year contract terms in the in-flight connectivity (“IFC”) business, this unit of Communication Services has approximately 1,600 additional commercial aircraft that will be put into service under existing customer agreements with commercial airlines over time, on top of the 4,120 currently in-service aircraft, representing 39% growth2. The durability of IFC growth, coupled with a high-growth government business and an inflecting maritime business, as evidenced by NexusWave recently exceeding 1,000 vessel orders3, in our view demonstrates the long-term viability of the core satellite business. Critically, in our view Communication Services is set to generate consistent positive free cash flow in the coming quarters, and more significantly, the long-term cash generation of the satellite business is set to inflect strongly after the successful deployment of the ViaSat-3 F2 and F3 satellites. According to a research report from Deutsche Bank on March 24th4, each new ViaSat-3 satellite has the potential to add 2 to 3 percentage points of growth to Communication Services revenue, while also shifting the revenue mix toward higher-margin, internally provisioned capacity and reducing reliance on low-margin wholesale sales. Once capital expenditures for the ViaSat-3 constellation are complete, we expect annual capex to decline to below $1 billion (from ~$1.3 billion in FY2026), creating substantial room for accelerated free cash flow generation and debt paydown.

    Given all of the above, we believe our valuation of 4.0x on the Communication Services segment is conservative and unjustifiably below similar business valuations. SES, when accounting for the present value of 100MHz of possible C-band monetization, and pro forma for the Intelsat acquisition, trades at 4.25x-4.50x on the base business. Similarly, both Eutelsat and Iridium trade at high-single-digit EBITDA multiples5. In our view, the growth opportunities, end customers, and stickiness of contracts are significantly more attractive for Viasat’s Communication Services business.

    As a result of the settlement with Ligado Networks, the Company is set to receive $568 million in fiscal year 2026, coupled with a lease stream through 2107 that increases 3% per year6 that is worth north of $500 million from a present value perspective, which positions it for further de-levering. The Company’s remaining spectrum portfolio offers substantial flexibility for future monetization to which we ascribe no value in this analysis. In our view, these dynamics are obscured in the current structure and would be far more visible in a standalone Communications Services business.

    The Time to Act is Now

    With strong commercial momentum across both segments, from NexusWave surpassing 1,000 vessel orders and sustained growth in in-flight connectivity for the Communication Services business, and a proven track record of growth and profitability within DAT, we believe Viasat is at a critical inflection point. In our view, the growth and profitability of DAT is only set to accelerate due to rapidly increasing investment within drone technology, direct-to-device, advanced encryption, Golden Dome, and LEO. Yet we are seeing that public markets continue to discount the stock due to a misplaced narrative. We believe executing a spin-off or IPO of DAT, the Company’s most valuable asset, would not only crystallize value for shareholders, it would empower both businesses to chart focused, capital-efficient growth strategies with improved investor visibility.

    We applaud management exploring various paths to unlock portfolio value, drive returns and shareholder value, but urge them to consider our proposed path forward. We believe a spin-off or IPO of DAT would be met with broad investor support and would position Viasat to emerge as two distinct, category-leading companies: one a premier, high-growth aerospace and defense tech platform; the other a resilient, cash-generating global connectivity business while unlocking tremendous value resulting in ~$50 to $100+ per share.

    About Carronade Capital

    Carronade Capital Management, LP (“Carronade Capital Management”) is a multi-strategy investment firm based in Connecticut with approximately $2.5 billion in assets under management that focuses on process driven investments in catalyst-rich situations. Carronade Capital Management, founded in 2019 by industry veteran Dan Gropper, currently firm employs 14 team members and is based in Darien, Connecticut. Carronade Capital was launched on July 1, 2020. Dan Gropper brings with him nearly three decades of special situations credit experience serving in senior roles at distinguished investment firms, including Aurelius Capital Management, LP, Fortress Investment Group and Elliott Management Corporation.

    Important Disclaimers

    Not an Offer or Solicitation. This press release is for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any state to any person.

    Not Financial Advice. This press release does not recommend the purchase or sale of a security. There is no assurance or guarantee with respect to the prices at which any securities of Viasat, Inc. (the “Company”) will trade, and such securities may not trade at prices that may be implied herein. In addition, this press release and the discussions and opinions herein are for general information only, and are not intended to provide financial, legal or investment advice. Each shareholder of the Company should conduct their own financial research and analysis and make a decision that aligns with their own financial interests, consulting with their own advisers, as necessary.

    Forward-Looking Statements. This press release contains forward-looking statements. Forward-looking statements are statements that are not historical facts and may include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “will be” and similar expressions. Although Carronade Capital and its affiliates believe that the expectations reflected in forward-looking statements contained herein are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties—many of which are difficult to predict and are generally beyond the control of Carronade Capital or the Company—that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. In addition, the foregoing considerations and any other publicly stated risks and uncertainties should be read in conjunction with the risks and cautionary statements discussed or identified in the Company’s public filings with the U.S. Securities and Exchange Commission, including those listed under “Risk Factors” in the Company’s annual reports on Form 10-K and quarterly reports on Form 10-Q . The forward-looking statements speak only as of the date hereof and, other than as required by applicable law, Carronade Capital does not undertake any obligation to update or revise any forward-looking information or statements.

    Data and Analysis. Certain information included in this press release is based on data obtained from sources considered to be reliable. Any analysis provided herein is intended to assist the reader in evaluating the matters described herein and maybe based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results. Accordingly, any analysis should not be viewed as factual and should not be relied upon as an accurate prediction of future results. Projected information presented herein is generated using an internal Carronade model and is therefore inherently limited. This information is generated based on certain estimates and assumptions which are subject to change based on prevailing market and economic conditions, as well as Carronade’s ongoing assessment of the Company. All figures are estimates and, unless required by law, are subject to revision without notice.

    Holdings and Trading. Certain of the funds(s) and/or account(s) (“Accounts”) managed by Carronade Capital Management, LP (“Carronade Capital Management”) currently beneficially own shares of the Company. Carronade Capital Management in the business of trading (i.e., buying and selling) securities and intends to continue trading in the securities of the Company. You should assume the Accounts will from time to time sell all or a portion of its holdings of the Company in open market transactions or otherwise, buy additional shares (in open market or privately negotiated transactions or otherwise), or trade in options, puts, calls, swaps or other derivative instruments relating to such shares. Consequently, Carronade Capital Management’s beneficial ownership of shares of, and/or economic interest in, the Company may vary over time depending on various factors, with or without regard to Carronade Capital Management’s views of the Company’s business, prospects, or valuation (including the market price of the Company’s shares), including, without limitation, other investment opportunities available to Carronade Capital Management, concentration of positions in the portfolios managed by Carronade Capital Management, conditions in the securities markets, and general economic and industry conditions. Without limiting the generality of the foregoing, in the event of a change in the Company’s share price on or following the date hereof, Carronade Capital Management may buy additional shares or sell all or a portion of its Account’s holdings of the Company (including, in each case, by trading in options, puts, calls, swaps, or other derivative instruments relating to the Company’s shares). Carronade Capital Management also reserves the right to change the opinions expressed herein and its intentions with respect to its investment in the Company, and to take any actions with respect to its investment in the Company as it may deem appropriate, and disclaims any obligation to notify the market or any other party of any such changes or actions, except as required by law.

    Media Contact:
    Paul Caminiti / Jacqueline Zuhse
    Reevemark
    (212) 433-4600
    Carronade@reevemark.com

    Investor Contacts:
    Andy Taylor / Stas Futoransky
    Carronade Capital Management, LP
    (203) 485-0880
    ir@carronade.com

    1Derived by using a discount to SES SA, Eutelsat Communications, and Iridium Communications as the peer set for Communications Services; for illustrative purposes only.
    2Viasat 2025 Annual Report
    3Viasat July 1, 2025 Press Release
    4Deutsche Bank report “Multiple Paths to Unlocking Value; Upgrade to Buy”
    5Source: Bloomberg
    6Viasat June 13, 2025 Press Release

    Charts accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1b382282-b275-4da4-a882-c526b3387fc4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/710e4232-9a2e-4280-9767-20bd501b699a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1786b60d-3b34-4f9e-8100-77a6b4c15b9a

    The MIL Network –

  • MIL-OSI USA: California Defense Contractor and Private Equity Firm Agree to Pay $1.75M to Resolve False Claims Act Liability Relating to Voluntary Self-Disclosure of Cybersecurity Violations

    Source: US State of California

    Defense contractor Aero Turbine Inc., of Stockton, California, and private equity company Gallant Capital Partners LLC, of Los Angeles, have agreed to pay $1.75 million to resolve their liability under the False Claims Act for knowingly failing to comply with cybersecurity requirements in an Aero Turbine contract with the Department of the Air Force. In connection with the settlement, the United States acknowledged that Aero Turbine and Gallant took significant steps entitling them to credit for cooperating with the government.

    “Government contractors must follow required cybersecurity standards to protect sensitive defense information,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “When defense contractors fail to comply with cybersecurity requirements, they can mitigate the consequences by making timely self-disclosures, cooperating with investigations, and taking prompt remedial measures.”

    “Every defense contractor must provide adequate security to safeguard covered defense information,” said Acting U.S. Attorney Kimberly A. Sanchez for the Eastern District of California. “We commend Aero Turbine and Gallant for disclosing the issue and promptly cooperating to address it. We encourage others to follow their example of self-reporting to resolve violations.”

    “Protecting the integrity of the Department of Defense (DoD) procurement processes is a top priority for the DoD Office of Inspector General’s Defense Criminal Investigative Service (DCIS),” said Director Kelly Mayo of DCIS. “Failing to comply with DoD contract specifications and cybersecurity requirements puts DoD information and programs at risk of exploitation. DCIS will continue to collaborate with our law enforcement partners and the Department of Justice to investigate allegations of false claims on DoD contracts.”

    “This case serves as a reminder that cybersecurity transcends mission sets. Ensuring companies adhere to robust cybersecurity safeguards is integral to maintaining the Air Force’s operational edge against adversaries,” said Special Agent in Charge Caroline Galinis of the Air Force Office of Special Investigations (AFOSI), Procurement Fraud Detachment 1. “AFOSI’s Procurement Fraud team, alongside investigative partner agencies and the Department of Justice, played a critical role in protecting U.S. national security interests.”

    The settlement resolves the liability of Aero Turbine and Gallant under the False Claims Act for knowingly submitting or causing others to submit false or fraudulent claims for payment on a Department of the Air Force contract, which were allegedly false or fraudulent because they had not complied with the contract’s cybersecurity requirements. From January 2018 to February 2020, Aero Turbine allegedly failed to implement certain cybersecurity controls in National Institute of Standards and Technology (NIST) Special Publication (SP) 800-171 that, if not implemented, could lead to significant exploitation of the system or exfiltration of sensitive defense information.

    In addition, from June to July 2019, Aero Turbine and Gallant allegedly failed to control the flow of, and limit unauthorized access to, sensitive defense information by providing a software company based in Egypt with files containing such information, even though the software company and its foreign citizen personnel were not authorized to receive sensitive defense information under the Air Force contract. After learning of the issues, Aero Turbine and Gallant provided the government with multiple written self-disclosures, cooperated with the government’s investigation of the issues, and took prompt remedial action.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, the U.S. Attorney’s Office for the Eastern District of California, DCIS, AFOSI, and the Air Force Materiel Command Law Office Procurement Fraud Division. The matter was handled by Fraud Section attorneys Robin Overby and Christopher Terranova and Assistant U.S. Attorney David Thiess.

    The claims resolved by the settlement are allegations only, and there has been no determination of liability.

    Note: Read the Settlement here.

    MIL OSI USA News –

  • MIL-OSI USA: Amid An Explosion Of Lyme Disease Cases In New York, Gillibrand Calls For Passage Of The Kay Hagan Tick Reauthorization Act

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Over 22,000 cases of Lyme disease were reported in New York State in 2023

    Legislation would support research, prevention, diagnosis, and treatment of tick-borne illnesses

    Today, U.S. Senator Kirsten Gillibrand held a virtual press conference to call for the passage of the Kay Hagan Tick Reauthorization Act, which would support research, prevention, diagnosis, and treatment for tick-borne illnesses like Lyme disease. Gillibrand is also fighting to secure over $200 million for research and programs that address Lyme disease, protecting families, communities, and service members across New York.

    “Tick-borne illnesses are a growing threat in New York and across the country, and we must do more to ensure that all Americans are protected,” said Senator Gillibrand. “The Kay Hagan Tick Reauthorization Act would help develop better treatments and preventative measures for the thousands of New Yorkers who suffer from tick-borne illnesses and for those who live in high-risk areas. Funding research and programs that address these diseases will also increase our ability to combat them. New Yorkers deserve the freedom to spend time outdoors without worrying about tick-borne illnesses, and I’m committed to getting this crucial legislation across the finish line.”

    Tick-borne illnesses pose a growing threat to public health, and New York reports the highest incidence of Lyme disease in the country. Reported cases of Lyme disease in New York have skyrocketed in recent years, from about 2,200 in 2020 to over 22,000 in 2023. Areas like Suffolk County, Orange County, and Westchester County have some of the highest numbers of cases throughout the state, but cases are also rising in urban areas like New York City.

    Specifically, the Kay Hagan Tick Reauthorization Act would:

    1. Require HHS to continue implementing and updating its National Public Health Strategy to Prevent and Control Vector-Borne Diseases in People;
    2. Reauthorize Regional Centers for Excellence in Vector-Borne Diseases for five years; and
    3. Reauthorize Centers for Disease Control and Prevention (CDC) grants to state health departments to improve data collection and analysis, support early detection and diagnosis, improve treatment, and raise awareness.

    In addition to the Kay Hagan Tick Reauthorization Act, Gillibrand has requested over $200 million in appropriations to support research and programs that address Lyme disease and other tick-borne illnesses. These funding requests include:

    1. $30 million for the Department of Health and Human Services to implement the Kay Hagan Tick Reauthorization Act;
    2. $35 million for the CDC to further its work on Lyme disease and other tick-borne illnesses;
    3. $9 million to support the Department of Defense’s Tick-Borne Disease Research Program; and
    4. $130 million for Lyme disease and tick-borne disease research at the National Institutes of Health.

    The full text of the Kay Hagan Tick Reauthorization Act can be found here.

    MIL OSI USA News –

  • MIL-OSI Security: California Defense Contractor and Private Equity Firm Agree to Pay $1.75M to Resolve False Claims Act Liability Relating to Voluntary Self-Disclosure of Cybersecurity Violations

    Source: United States Attorneys General

    Defense contractor Aero Turbine Inc., of Stockton, California, and private equity company Gallant Capital Partners LLC, of Los Angeles, have agreed to pay $1.75 million to resolve their liability under the False Claims Act for knowingly failing to comply with cybersecurity requirements in an Aero Turbine contract with the Department of the Air Force. In connection with the settlement, the United States acknowledged that Aero Turbine and Gallant took significant steps entitling them to credit for cooperating with the government.

    “Government contractors must follow required cybersecurity standards to protect sensitive defense information,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “When defense contractors fail to comply with cybersecurity requirements, they can mitigate the consequences by making timely self-disclosures, cooperating with investigations, and taking prompt remedial measures.”

    “Every defense contractor must provide adequate security to safeguard covered defense information,” said Acting U.S. Attorney Kimberly A. Sanchez for the Eastern District of California. “We commend Aero Turbine and Gallant for disclosing the issue and promptly cooperating to address it. We encourage others to follow their example of self-reporting to resolve violations.”

    “Protecting the integrity of the Department of Defense (DoD) procurement processes is a top priority for the DoD Office of Inspector General’s Defense Criminal Investigative Service (DCIS),” said Director Kelly Mayo of DCIS. “Failing to comply with DoD contract specifications and cybersecurity requirements puts DoD information and programs at risk of exploitation. DCIS will continue to collaborate with our law enforcement partners and the Department of Justice to investigate allegations of false claims on DoD contracts.”

    “This case serves as a reminder that cybersecurity transcends mission sets. Ensuring companies adhere to robust cybersecurity safeguards is integral to maintaining the Air Force’s operational edge against adversaries,” said Special Agent in Charge Caroline Galinis of the Air Force Office of Special Investigations (AFOSI), Procurement Fraud Detachment 1. “AFOSI’s Procurement Fraud team, alongside investigative partner agencies and the Department of Justice, played a critical role in protecting U.S. national security interests.”

    The settlement resolves the liability of Aero Turbine and Gallant under the False Claims Act for knowingly submitting or causing others to submit false or fraudulent claims for payment on a Department of the Air Force contract, which were allegedly false or fraudulent because they had not complied with the contract’s cybersecurity requirements. From January 2018 to February 2020, Aero Turbine allegedly failed to implement certain cybersecurity controls in National Institute of Standards and Technology (NIST) Special Publication (SP) 800-171 that, if not implemented, could lead to significant exploitation of the system or exfiltration of sensitive defense information.

    In addition, from June to July 2019, Aero Turbine and Gallant allegedly failed to control the flow of, and limit unauthorized access to, sensitive defense information by providing a software company based in Egypt with files containing such information, even though the software company and its foreign citizen personnel were not authorized to receive sensitive defense information under the Air Force contract. After learning of the issues, Aero Turbine and Gallant provided the government with multiple written self-disclosures, cooperated with the government’s investigation of the issues, and took prompt remedial action.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, the U.S. Attorney’s Office for the Eastern District of California, DCIS, AFOSI, and the Air Force Materiel Command Law Office Procurement Fraud Division. The matter was handled by Fraud Section attorneys Robin Overby and Christopher Terranova and Assistant U.S. Attorney David Thiess.

    The claims resolved by the settlement are allegations only, and there has been no determination of liability.

    Note: Read the Settlement here.

    MIL Security OSI –

  • MIL-OSI Security: California Defense Contractor and Private Equity Firm Agree to Pay $1.75M to Resolve False Claims Act Liability Relating to Voluntary Self-Disclosure of Cybersecurity Violations

    Source: United States Attorneys General

    Defense contractor Aero Turbine Inc., of Stockton, California, and private equity company Gallant Capital Partners LLC, of Los Angeles, have agreed to pay $1.75 million to resolve their liability under the False Claims Act for knowingly failing to comply with cybersecurity requirements in an Aero Turbine contract with the Department of the Air Force. In connection with the settlement, the United States acknowledged that Aero Turbine and Gallant took significant steps entitling them to credit for cooperating with the government.

    “Government contractors must follow required cybersecurity standards to protect sensitive defense information,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “When defense contractors fail to comply with cybersecurity requirements, they can mitigate the consequences by making timely self-disclosures, cooperating with investigations, and taking prompt remedial measures.”

    “Every defense contractor must provide adequate security to safeguard covered defense information,” said Acting U.S. Attorney Kimberly A. Sanchez for the Eastern District of California. “We commend Aero Turbine and Gallant for disclosing the issue and promptly cooperating to address it. We encourage others to follow their example of self-reporting to resolve violations.”

    “Protecting the integrity of the Department of Defense (DoD) procurement processes is a top priority for the DoD Office of Inspector General’s Defense Criminal Investigative Service (DCIS),” said Director Kelly Mayo of DCIS. “Failing to comply with DoD contract specifications and cybersecurity requirements puts DoD information and programs at risk of exploitation. DCIS will continue to collaborate with our law enforcement partners and the Department of Justice to investigate allegations of false claims on DoD contracts.”

    “This case serves as a reminder that cybersecurity transcends mission sets. Ensuring companies adhere to robust cybersecurity safeguards is integral to maintaining the Air Force’s operational edge against adversaries,” said Special Agent in Charge Caroline Galinis of the Air Force Office of Special Investigations (AFOSI), Procurement Fraud Detachment 1. “AFOSI’s Procurement Fraud team, alongside investigative partner agencies and the Department of Justice, played a critical role in protecting U.S. national security interests.”

    The settlement resolves the liability of Aero Turbine and Gallant under the False Claims Act for knowingly submitting or causing others to submit false or fraudulent claims for payment on a Department of the Air Force contract, which were allegedly false or fraudulent because they had not complied with the contract’s cybersecurity requirements. From January 2018 to February 2020, Aero Turbine allegedly failed to implement certain cybersecurity controls in National Institute of Standards and Technology (NIST) Special Publication (SP) 800-171 that, if not implemented, could lead to significant exploitation of the system or exfiltration of sensitive defense information.

    In addition, from June to July 2019, Aero Turbine and Gallant allegedly failed to control the flow of, and limit unauthorized access to, sensitive defense information by providing a software company based in Egypt with files containing such information, even though the software company and its foreign citizen personnel were not authorized to receive sensitive defense information under the Air Force contract. After learning of the issues, Aero Turbine and Gallant provided the government with multiple written self-disclosures, cooperated with the government’s investigation of the issues, and took prompt remedial action.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, the U.S. Attorney’s Office for the Eastern District of California, DCIS, AFOSI, and the Air Force Materiel Command Law Office Procurement Fraud Division. The matter was handled by Fraud Section attorneys Robin Overby and Christopher Terranova and Assistant U.S. Attorney David Thiess.

    The claims resolved by the settlement are allegations only, and there has been no determination of liability.

    Note: Read the Settlement here.

    MIL Security OSI –

  • MIL-OSI: Announcing Avery Prendergast’s Participation in the Successful Farmers of Salem Internship Program

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., July 31, 2025 (GLOBE NEWSWIRE) — Farmers of Salem (FOS), a regional mutual insurance company specializing in insurance for home and business owners, is pleased to announce Avery Prendergast’s successful participation in their internship program. Graduating from Levittown’s Neshaminy High School, Ms. Prendergast is completing a degree in both Legal Studies and Risk Management & Insurance with Temple University of Philadelphia. She is looking forward to a December 2025 graduation. When asked how her interest in RMI came about, Avery said, “I became interested in RMI when I took the Introduction to Risk Management class at Temple. It reminded me of torts, which was something I had studied at Bucks County Community College while in the Paralegal program. It mixed well with my Legal Studies major, so I decided to take both majors.”

    Of the Intern Delaware program, Ms. Prendergast said, “ID has introduced me to industries, and people that I would never have gotten the opportunity to meet. It is a great program that shows you how easy it is to get involved and get things done in this wonderful state. ID has provided unique opportunities like visiting Legislative Hall, meeting past and present senators, networking with other interns in a variety of industries, and learning from senior executives and other professionals firsthand.” With only one more semester left, Avery is excited to settle into a career and is making the most out of her summer with Farmers. In her free time, she enjoys reading novels, watching movies with friends, and camping with her family.

    When asked “Why Farmers?”, Ms. Prendergast said, “I have had an amazing time working at Farmers of Salem this summer. Transitioning from working retail and being a student, to working a 9-5 was daunting, but everyone was so welcoming and kind that it became an easier process. FOS has a great environment where my voice matters. I am seen as a person and not just an employee. I have been tasked with real projects and work that make each day feel productive and meaningful.” Avery added, “With the rotational internship, I have been able to go through multiple departments and learn the ins and outs of the business. There have been so many lightbulb moments when I am learning something new and connecting the dots to something else in another department. I have learned so much that will help me with my final college courses and my future career.”

    Temple University uniquely hosts Actuarial Science and Risk Management & Insurance degree programs. Dr. Drennan, Chair of Risk, Actuarial Science, and Legal Studies at Temple University, along with his team, challenge students through thought-provoking course work while setting the bar quite high. 

    Elizabeth Dean, Human Resources Director for Farmers of Salem said, “The difference with Farmers of Salem’s internship program, compared to other insurance companies, is that we ask interns to roll up their sleeves and get to work alongside our tenured team members. This job-shadowing approach has allowed interns to gain first-hand experiences as they rotate through the various departments of the organization. Our employees enjoy mentoring the interns, not only to share their knowledge, but to learn from interns that have been so well prepared by Temple.” Added by Jim Reagan, CPCU, Vice President Product & Regulatory Compliance, “Asking our interns to get down to business and work alongside our valued employees is precisely what sets our internship experience apart. This process has been validated by our intern feedback.”

    About Farmers of Salem
    Founded in 1851, and located on the Riverfront in Wilmington DE, Farmers of Salem provides insurance coverage to homeowners and businesses in New Jersey, Pennsylvania, Delaware, and Maryland through a network of independent agents. Rated A- Excellent by A.M. Best Company and a Financial Stability Rating of A Exceptional by Demotech, Inc. “We pride ourselves in providing Superior Service with Personal Attention,” says Kim Lorenzini, Vice President, Marketing & Business Development.

    For more information about Farmers of Salem, visit www.farmersofsalem.com

    As a mutual corporation, fundamentally rooted in serving our community, we engage in corporate philanthropy, giving annually to an array of organizations and causes. Through our giving, in local markets where we have a presence, Farmers of Salem has supported educational development, physical education, and health and wellness programs that provide communities in most need with essential services, opportunities to improve the quality of their lives and provide them with assets to create a better future.

    A partial list of events and organizations that Farmers of Salem supports annually:

    • Autism Delaware
    • Serviam Girls Academy
    • Vehicles for Veterans
    • Salem County Humane Society
    • Habitat for Humanity
    • VFW Post #253
    • Operation Legacy
    • Keeping Hope Alive, Inc.
    • Temple University 
    • Girl Scouts and Boy Scouts
    • Holiday Service Project – Thanksgiving Food Baskets – Salvation Army
    • Make A Wish
    • American Red Cross
    • American Cancer Society
    • Longwood Gardens
    • Bo Lends a Paw Pet Pantry
    Contact: Kim Lorenzini
      856-628-0150
      klorenzini@fosnj.com
     

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0d1f5ccc-9a93-4259-b449-b63c5eb4f69a

    The MIL Network –

  • MIL-OSI Economics: ‘STEM for ALL’ : Thales Joins the Singapore-Industry Scholarship (SgIS) Programme

    Source: Thales Group

    Headline: ‘STEM for ALL’ : Thales Joins the Singapore-Industry Scholarship (SgIS) Programme

    • As a Sponsoring Organisation with SgIS, Thales will provide Singaporean undergraduate students scholarships in a comprehensive programme that includes internship, mentoring and a starting career with Thales.
    • With this initiative, Thales is extending its ‘STEM for ALL’ programme to Singapore, the first launch outside Europe, with its dedicated mission to advance STEM (Science, Technology, Engineering and Math) education amongst youth.
    • In its inaugural intake, four nominated scholars will undertake engineering or research roles in strategic sectors including air traffic management, public security, cybersecurity and digital identity, working within Thales businesses and research labs like the Thales Digital Factory.
    © Thales

    With engineers comprising one-third of Thales Singapore’s 2000+ employees, the Group has a strong interest in promoting STEM education and growing the next generation of engineering talent. On 29thJuly, Thales was proud to join SgIS as a Sponsorship Organisation at its launch event and to present awards to the scholars, aligning with the government’s mandate to develop young talent in Singapore’s strategic sectors.

    Established in 2012, SgIS is an initiative which partners government and industries to nurture a strong core of Singaporean talent in 16 strategic industries which include Aerospace & Aviation and Engineering. It is the only government-led, multi-industry scholarship under the Ministry of Education which provides talented Singaporean students access to close to 150 Sponsoring Organisations, giving them development opportunities as they further their studies and begin their professional careers.

    Throughout May and June, over 100 potential candidates with diverse skillsets were introduced to Thales by SgIS and invited to an Open Day to get to know Thales’ businesses. From this, over 40 were taken through rigorous technical assessments, following which 12 were further shortlisted for panel interviews with Thales experts and business leaders to further assess their technical expertise and leadership attributes.

    Four talented candidates from the Nanyang Technological University (NTU), the Singapore Institute of Technology (SIT) and the Singapore University of Technology and Design (SUTD) were the final recipients of the Thales award. Currently at different stages in their university education, the four students will progressively join the cybersecurity and digital identity, public security, air traffic management and Thales Digital Factory teams over the next 2 years.

    Expanding the Thales Group’s STEM for ALL Programme to Singapore

    In early 2025, Thales, through its endowment fund Thales Solidarity, launched its STEM for ALL programme in France and Belgium to foster vocation in scientific fields to remarkable young students.

    By partnering the SgIS programme, Thales is extending the Group’s ambition in endorsing STEM education worldwide by reinforcing academic excellence. Singapore is the first country outside of Europe to have a STEM scholarship programme under the STEM for ALL umbrella.

    “Thales recognises the essential role that science and technology play in furthering human progress and creating a world that is safer, greener and more sustainable. Many of the younger generation are passionate about making an impact and we are constantly looking for talented individuals, skilled in STEM, to help bring this ambition to life.” said Emily TAN, Country Director & Chief Executive, Thales in Singapore. “The scholars we selected have strong technical skills which we hope to nurture when they join the Thales family. I believe that their enthusiasm to learn, coupled with the mentorship opportunities and experiences within Thales, will provide a good starting point for their careers.”

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    About Thales in Singapore

    Thales established its presence in Singapore in 1973 to support the growth of aerospace activities in Asia. Since then, it has grown to be a leading deep-tech company operating in the Aeronautics (including avionics and air traffic management), Defence, Public Security, Cybersecurity & Digital Identity sectors.

    Thales in Singapore runs global industrial operations for avionics and digital identity solutions and has a strong commitment to Research, Technology and Innovation, with Centres of Excellence for radars, naval drones, space, avionics, public security and defence. With over 2000 employees across four locations, Thales is actively supporting Singapore in driving its digital transformation and Smart Nation ambitions.

    MIL OSI Economics –

  • MIL-OSI Security: Florida Woman to Pay $400,000 to Settle Allegations of Falsifying Diagnoses in connection with an Amherst Compounding Pharmacy

    Source: Office of United States Attorneys

    CONCORD –Georgina Exposito of Florida, owner of 3rd Party Services of Florida, agreed to pay $400,000 to resolve allegations that they violated the False Claims Act (FCA) by submitting false claims to Medicare and TRICARE based on fake medical diagnoses, Acting U.S. Attorney Jay McCormack announces.

    According to the settlement agreement and the complaint in partial intervention, Exposito and her company altered patients’ medical diagnoses to obtain prior authorizations on behalf of pharmacies, including PerforMix Specialty Pharmacy, a compounding pharmacy located in Amherst. This resulted in the submission of false claims to Medicare and TRICARE.

    “Submitting false claims to federal health care programs like Medicare and TRICARE undermines the integrity of our health care system and diverts critical resources away from patients who need them,” said U.S. Attorney Jay McCormack. “Accountability in cases like this helps restore trust in our health care system and ensures taxpayer dollars are protected.”

    “The submission of falsified prior authorization requests undermines an important safeguard against unnecessary Medicare costs,” said Special Agent in Charge Roberto Coviello of the U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG).  “This settlement highlights HHS-OIG’s ongoing commitment to combatting fraud in the taxpayer-funded Medicare program, and we will continue to thoroughly pursue allegations of False Claims Act violations.”

    The False Claims Act permits whistleblowers to file civil lawsuits alleging that false claims have been submitted to the United States. This FCA settlement resolves allegations against Georgina Exposito’s company originally brought in a lawsuit filed by a whistleblower.  As part of the settlement the whistleblower will receive a portion of the settlement amount.

    The claims resolved by the settlement are allegations only, and there has been no determination of liability. The United States’ case against the other defendants named in the complaint in partial intervention continues. 

     This case was investigated by the Office of Inspector General of the U.S. Department of Health and Human Services, the Office of Inspector General of the Department of Defense, and the Federal Bureau of Investigation. The case is being handled by Assistant U.S. Attorney Raphael Katz.

    ###

     

    MIL Security OSI –

  • MIL-OSI USA: Senator Murray Opening Remarks at Full Committee Mark Up of Defense and Labor, Health and Human Services, and Education Bills

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ***WATCH: Senator Murray’s opening remarks***

    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, delivered the following opening remarks as the committee meets to consider the draft fiscal year 2026 Defense and Labor, Health and Human Services, Education, and Related Agencies appropriations acts.

    Senator Murray’s opening remarks, as delivered, are below:

    “As I have said, these are not the bills I would have written on my own—but they nevertheless represent serious bipartisan work to make some truly critical investments in families and our country’s future.

    “From defense funding that supports our military and keeps our country safe to funding for health care, child care, schools, seniors, medical research, public health, workforce training and safety—and many other programs that keep our communities strong.

    “The priorities laid out in both of these bills are fundamental to our nation’s security and Americans’ livelihoods and health.

    “So I’m glad this Committee was able to deliver and reach a bipartisan compromise to write these bills that deliver essential funds to help people, solve problems, and reject many of the absolutely devastating cuts and much of the chaos that President Trump was pushing for.

    “It remains clear as ever to me that we cannot afford to go down the path Trump and Russ Vought want to push us down. Their vision is one where this Committee becomes less bipartisan and less powerful. Where the president and the OMB director call the shots and some Republicans in Congress spend their time cutting what they are told to cut, even at the expense of their own constituents. Where instead of securing new investments for folks back home through bipartisan agreements, lawmakers have to plead their case to this administration to unlock funds we have already delivered or secure special exceptions for spending cuts. Where biomedical research and education funding gets held up for no reason at all. Where we gut investments in working families while letting Trump’s corruption run rampant.

    “That’s what Trump and Vought want.

    “We can—and we must—reject it.

    “Because, there is no comparison between having a bipartisan process, that gives our constituents a say in how their tax dollars are spent. Or another slush fund CR that forfeits our power and lets Trump rob some states, and pick winners and losers regardless of what our communities actually need or the law says.

    “The bills we are voting on today really show how big of a difference there is here. Anyone who has doubts about that, can just look at the LHHS bill.

    “It rejects Trump’s cuts that would have devastated our work to fight substance use disorders, HIV, and pandemics, eliminate women’s health investments like Title X funding and the Teen Pregnancy Prevention program and essentially saw the CDC cut in half.

    “It rejects backward proposals from Trump that would hurt our students and workers—like eliminating preschool grants, or slashing PELL, gutting public school funding, or ending Job Corps and AmeriCorps.

    “It rejects efforts to gut agencies that protect the rights of patients, students, and workers.

    “And, I’m especially pleased to note it rejects Trump’s 40% cut to lifesaving medical research—and increases the NIH budget by $400 million so we continue to make progress against cancer, Alzheimer’s disease, and so much more.

    “To the scientists wondering if there will even be an NIH by the end of this administration: this committee’s resounding message is ‘yes.’

    “Congress has your back—we’re not going to give up the fight against cancer, Alzheimer’s, or rare diseases.

    “We support you and we need you to stay here and keep this research going.

    “But I want to be clear—at the end of the day, this isn’t about rejecting Trump, it is about investing in our families.

    “Investing in our schools, in medical research, in workforce training, and community health.

    “In fact, this bill even increases funding for crucial programs with new investments to allow the Social Security Administration to actually help people and undo some of the damage that Trump and DOGE have recklessly caused and increased investments in child care—something I will never stop fighting to make more progress on.

    “Now, one thing this bill does not do, unfortunately, is fund the Corporation for Public Broadcasting.

    “As everyone knows, Republicans rescinded bipartisan funding we provided for CPB in the first ever partisan rescissions package.

    “It is a shameful reality—and now communities across the country will suffer the consequences as over 1,500 stations lose critical funding.

    “I really hope Republicans will join us to restore this funding down the line—and I want you to know I am going to keep pushing to do that. 

    “Before I close, I want to say: I am clear-eyed: the investments we make in these bills today are really only half of the equation.

    “Because the fact of the matter is we have an administration right now that is intent on ignoring Congress, breaking the law, and doing everything it can without any transparency to dismantle programs and agencies that help families.

    “There is no magic bullet that will change that unfortunate reality.

    “Our bills reject devastating cuts—and reject many of this administration’s absurd proposals—like dismantling the Department of Education, like destroying HHS, and more.

    “But I still want to see us to do much more when it comes to demanding accountability, demanding transparency, and demanding the administration actually follow our laws.

    “We all know President Trump cannot dismantle the Department of Education or ship education programs to other agencies. Authorizing laws prevent that. Appropriations laws prevent that. Yet, that has not stopped him from shipping CTE and adult education programs to DOL in violation of our laws.

    “And Secretary McMahon says she wants to do the same for Title I and IDEA. 

    “So I am very glad our LHHS bill takes new steps to ensure she cannot do that, and Title I and IDEA programs students depend on do not get dismantled or moved out of ED.

    “But I’d like this bill to also do the same for every other education program that states administer, to prevent states from having to deal with the chaos of these dismantling efforts, and I’m disappointed there was not bipartisan support to do that. Still, I am going to keep making the case for more accountability and transparency.

    “We need more members across the aisle to not only reject the cuts but to speak up and speak out against what this administration is already doing to defy our laws and hurt the people we represent.

    “Because, as we speak now, Trump and Vought are holding up billions of dollars we have secured on a bipartisan basis. They are on course to impound billions of taxpayer dollars while agencies fail to meet basic requirements of law.

    “Right now, they are illegally hiding apportionments data that would let us know whether funds we passed are being spent as intended and help us strengthen the bills we are in the middle of writing on. It is absurd we have to mark up bills—while being kept in the dark.  And just this week, we learned Russ Vought—through a footnote—paused $15 billion in NIH funding.

    “One footnote, from an unelected bureaucrat—overruling Congress and even NIH, to block $15 billion in funding for things like cancer research.

    “That is not transparency. It is not what Congress intended. And it is not acceptable. 

    “We need our Republican colleagues to join us in insisting that all blocked funding gets out—not just the programs most important to them.

    “So, in sum: these are critical, solid bills we are considering today that deliver vital funds for families and reject many devastating proposals.

    “And of course I would have liked to do even more, and I will not stop discussing how we make that happen with my colleagues, I will be voting yes to advance both of these bills today.

    “And I am glad we are on track to continue making progress on bipartisan bills that reject devastating cuts and invest in our communities and in our global strength.”

    MIL OSI USA News –

  • MIL-OSI USA: Newly Declassified Appendix to Durham Report Sheds Additional Light on Clinton Campaign Plan to Falsely Tie Trump to Russia and FBI’s Failure to Investigate

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) today is making public the formerly Classified Appendix (“Durham annex”) to John Durham’s 2023 Special Counsel report. The Unclassified Report and the Classified Appendix form the entirety of Durham’s Special Counsel Report.

    The Durham annex contains previously classified information exposing a reported Clinton campaign plan to falsely tie President Donald Trump to Russia.

    The annex also goes into further detail on matters discussed in the Unclassified Report, specifically:

    • The FBI’s failure – under the leadership of then-Director James Comey – to investigate intelligence that the Clinton campaign may have created the Russia collusion hoax. Meanwhile the Comey-led FBI used the Steele Dossier – a Clinton campaign creation – to obtain FISA warrants on Carter Page.

    Attorney General Pam Bondi, Federal Bureau of Investigation (FBI) Director Kash Patel and Intelligence Community elements declassified the Durham annex at Grassley’s request. In requesting its declassification, which included declassification of information by the Central Intelligence Agency (CIA) and National Security Agency (NSA), Grassley argued that “the overriding public interest demands the release of this information, and doing so would benefit public transparency and accountability.”

    “Based on the Durham annex, the Obama FBI failed to adequately review and investigate intelligence reports showing the Clinton campaign may have been ginning up the fake Trump-Russia narrative for Clinton’s political gain, which was ultimately done through the Steele Dossier and other means. These intelligence reports and related records, whether true or false, were buried for years. History will show that the Obama and Biden administration’s law enforcement and intelligence agencies were weaponized against President Trump. This political weaponization has caused critical damage to our institutions and is one of the biggest political scandals and cover-ups in American history. The new Trump administration has a tremendous responsibility to the American people to fix the damage done and do so with maximum speed and transparency,” Grassley said.

    “For years, I’ve fought to assemble and publicize all the facts surrounding Durham’s investigation, Crossfire Hurricane and related matters. The American people shouldn’t be shortchanged or strung out on matters of significant public interest, and that firm belief fuels my tireless oversight. It’s been a refreshing change to see Attorney General Bondi and Director Patel’s increased efforts to bring transparency to a very dark corner of the people’s government. I hope that attitude continues, and you can be sure my oversight work will continue as well, because there’s much work yet to be done,” Grassley concluded.

    Read the Durham annex HERE.

    Key Findings of the Durham Annex:

    The Clinton Campaign Plan

    In 2016, the Obama administration obtained intelligence information from a source contained in two separate memoranda – one memorandum from January 2016 and another from March 2016. The two memoranda “described ‘confidential conversations’ between then-Democratic National Committee (DNC) Chair Debbie Wasserman Schultz and two individuals at the [Soros] Open Society Foundations (i) [Leonard] Benardo and (ii) Jeffrey Goldstein.” (Pgs. 2-3)

    • This memo stated, in part, that “[the Democratic Party’s] opposition is focused on discrediting Trump…. [a]mong other things, the Clinton staff, with support from special services, is preparing scandalous revelations of business relations between Trump and the ‘Russian Mafia’”. (Pg. 4)

    • According to the Durham annex, based on an analysis and translation of the intelligence, FBI analysts believed that, at the time, the “special services” in the March 2016 memorandum could refer “to the FBI and the CIA or more broadly to the intelligence and law enforcement communities” in the United States, or, analysts speculated, it could refer to “Trump dossier author Christopher Steele.” (Pg. 5)

    • When the Obama administration received this intelligence in March 2016, Fusion GPS was preparing open source opposition research regarding purported ties between Trump and Russians. The research was paid for by Clinton’s campaign and the DNC. (Pg. 5).

    • Notably, on April 15, 2020, Grassley released Department of Justice Office of the Inspector General (DOJ OIG) footnotes showing that Russian intelligence was aware of Steele’s anti-Trump research in early July 2016. Further, the FBI had reports in hand in 2017 that the Dossier may have Russian sources and was potentially Russian disinformation.

    On March 31, 2016, FBI personnel, including then-Deputy Director Andrew McCabe, shared the intelligence regarding the potential Clinton Campaign Plan with high-ranking career officials at DOJ. (Pg. 5)

    FBI Receipt of Additional Intelligence Information on the Clinton Campaign Plan

    The Durham annex describes that, in July 2016, the FBI received additional intelligence regarding a possible Clinton Campaign Plan, including documents with purported emails allegedly sent by Leonard Benardo, Senior Vice President of Soros’ Open Society Foundations. The intelligence included data providing specificity on the plan and the attempt to smear then-candidate Donald Trump by falsely linking him to Russia, while apparently counting on the support of the FBI to open up an investigation. (Pgs. 7-11)

    The intelligence the FBI received also included information and analysis from purported Leonard Benardo emails that stated, in part:

    • “During the first stage of the campaign, due to lack of direct evidence, it was decided to disseminate the necessary information through the FBI-affiliated…technical structures… in particular, the Crowdstrike and ThreatConnect companies, from where the information would then be disseminated through leading U.S. publications.” (Pg. 8)

    • “The point is making the Russian play a U.S. domestic issue… In absence of direct evidence, Crowdstrike and ThreatConnect will supply the media, and GRU [Russia’s Main Intelligence Directive] will hopefully carry on to give more facts.” (Pg. 11)

    Assessment of Authenticity of the “Benardo Emails” Intelligence

    • The Durham annex states, “Analysts and officers whom [Durham’s team] interviewed, and who were well-versed in the Sensitive Intelligence collection, stated that their best assessment was that the Bernardo emails were likely authentic.” (Pg. 11)

    Durham’s team conducted investigative work to inform their assessment. Per the Durham annex:

    • Communications the Durham team reviewed provided additional support that the Clinton campaign was engaged in a plan to tie Trump to Russia and that the campaign wanted or expected the Office of the Vice President, the FBI or other parts of the Intelligence Community, such as the State Department’s Bureau of Intelligence and Research (INR), to aid that effort. (Pgs. 16-17)

    • The Durham annex states, “The Office’s best assessment is that the … emails that purport to be from Benardo were ultimately a composite of several emails that were obtained through Russian intelligence hacking of the U.S.-based Think Tanks, including the Open Society Foundations, the Carnegie Endowment, and others.” (Pg. 17)

    • The Durham annex concludes, “It is a logical deduction [redacted] [Julianne] Smith was, at minimum, playing a role in the Clinton campaign’s efforts to tie Trump to Russia,” and that the communications it reviewed “certainly lends at least some credence that such a plan existed.” (Pg. 17)

    The Obama-Biden Administration’s Response to Intelligence on the Clinton Campaign Plan

    • According to the Durham annex, following the receipt of this intelligence, multiple high-ranking U.S. officials were briefed on the matter, including an August 3, 2016 briefing in the White House by CIA Director John Brennan to President Obama, Vice President Joe Biden, Director of National Intelligence James Clapper, FBI Director Comey, among others. As described in Durham’s Unclassified Report, ultimately, the CIA sent the FBI an investigative referral that included the “purported Clinton campaign plan.” (Pg. 18)

    • In 2017, the “CIA prepared a written assessment of the authenticity and veracity of the above-referenced intelligence. The CIA stated that it did not assess that the above [redacted] memoranda, or [redacted] hacked U.S. communications, to be the product of Russian fabrications.” (Pg. 19)

    • The Durham annex notes that “FBI was fully alerted to the possibility that at least some of the information it was receiving about the Trump campaign might have its origin either with the Clinton campaign or its supporters, or alternatively, was the product of Russian disinformation.”

    • The Durham annex concludes, in part, that “[d]espite this awareness, the FBI appears to have dismissed the [intelligence information] as not credible without any investigative steps actually having been taken to either corroborate or disprove the allegations.” (Pgs. 22-24)

    The Threat of Foreign Election Influence and Assessment in FISA Renewal Applications

    As the Unclassified Durham Report noted, “[b]eginning in late 2014… the FBI learned from a well-placed Confidential Human Source that a foreign government (“Foreign Government-2”) was planning to send an individual (“Non-U.S. Person-I”) to contribute to Clinton’s anticipated presidential campaign, as a way to gain influence with Clinton should she win the presidency.”

    The Durham annex notes that “Non-U.S.Person-I” was “directly tasked by the leader of Foreign Government-2” with facilitating this plan, but had indicated plans to travel to the U.S. in late 2014.

    • However, as known from the Unclassified Durham Report, the FISA “application lingered because ‘everyone was super more careful’ and ‘scared with the big name [Clinton]’ involved.”

    • Ultimately, after four months, the FISA authority was authorized following a commitment that Clinton and others targeted by Foreign Government-2 would receive defensive briefings. (Pgs. 23-24)

    The remainder of the Durham annex reinforces that the FBI provided false and misleading information to the FISA court in pursuit of FISA renewals, and at least one Confidential Human Source lied to his handlers.

    The information in the Durham annex, taken together with previously released details in the Unclassified Report, reinforce the FBI’s disparate treatment of Trump versus Clinton. Despite lacking probable cause and relying on false information, the FBI secured a FISA warrant and multiple renewals to surveil Carter Page and did not provide Trump a defensive briefing equivalent to Clinton’s briefings.

    -30-

    MIL OSI USA News –

  • MIL-OSI Security: Defense News in Brief: DAF PEO C3BM unveils new strategic framework to counter emerging threats

    Source: United States Airforce

    The Department of the Air Force Program Executive Office for Command, Control, Communications and Battle Management announced new strategic anchors July 30, designed to deliver resilient decision advantage to joint and coalition forces facing evolving challenges.

    MIL Security OSI –

  • MIL-OSI USA: Carbajal, Cut Flower Caucus Co-Chairs Introduce Bipartisan Bills to Bolster U.S. Flower Growing Industry

    Source: United States House of Representatives – Representative Salud Carbajal (CA-24)

    U.S. Representative Salud Carbajal (D-CA-24) led Congressional Cut Flower Caucus co-chairs Dan Newhouse (R-WA-04), Doug LaMalfa (R-CA-01), Jimmy Panetta (D-CA-20), Chellie Pingree (D-ME-01), and Jeff Hurd (R-CO-03) in introducing the Don Young American Grown Act. 

    The bipartisan bill requires any cut flowers or cut green plants officially on display in public areas of the Executive Office of the President, Department of Defense, or Department of State be grown in the United States, District of Columbia, or a U.S. territory. 

    In addition, the lawmakers introduced a bipartisan resolution to officially recognize the month of July 2025 as “American Grown Flower and Foliage Month’’.

    “California produces nearly three quarters of all American-grown cut flowers, and I’ve seen firsthand the vital role these farms play in supporting local jobs, small businesses, and the long-term strength of our agricultural sector,” said Rep. Carbajal, co-chair of the Congressional Cut Flower Caucus. “The Don Young American Grown Act will uplift domestic cut flower growers, bolster our specialty crop sector, and honor the legacy of the late Congressman Young.”

    “Maine’s flower farmers and the cut flower industry nationwide create jobs, support local economies, and bring natural beauty to our communities,” said Rep. Pingree, co-chair of the Congressional Cut Flower Caucus. “As Co-Chair of the Cut Flower Caucus, I’m proud to reintroduce the Don Young American Grown Act, alongside the resolution designating July as American Grown Flower and Foliage Month. This bipartisan legislation honors Don’s legacy, while ensuring federal agencies lead by example in purchasing American-grown flowers. It’s a commonsense way to support our domestic growers year-round.”

    Representative Don Young of Alaska, who passed away in 2022, was the lead sponsor of the Don Young American Grown Act in both the 116th and 117th Congresses. Senator Dan Sullivan (R-AK) leads companion, bipartisan legislation in the U.S. Senate. 

    The text of the Don Young American Grown Act can be found HERE.

    The text of the American Grown Flower and Foliage Month resolution can be found HERE. Senator Alex Padilla (D-CA) leads a companion resolution in the U.S. Senate. 

    Founded in 2014, the Congressional Cut Flower Caucus was created to help address, support, and represent the economic interests and opportunities facing America’s flower farmers.

    The Congressional Cut Flower Caucus is a bipartisan coalition established to set the agenda and educate Congress on the cultural and economic value of flower and green farms.

    MIL OSI USA News –

  • MIL-OSI Security: Boston Man Pleads Guilty to Failing to Register as a Sex Offender

    Source: Office of United States Attorneys

    Defendant previously convicted of sodomy and assault with intent to rape a minor under 12

    BOSTON – A Boston man pleaded guilty today in federal court in Boston to failure to register as a sex offender. Defendant served in United States Navy in April 1998 when he was convicted of sodomy, assault and intent to rape a minor under the age of 12.

    Adrian Martinez, 56, pleaded guilty to one count of failing to register as a sex offender before U.S. District Court Judge Leo T. Sorokin who scheduled sentencing for Oct. 28, 2025. In April 2025, Martinez was arrested and charged.

    Martinez is a Level 3 sex offender who was previously convicted while serving in the United States Navy of: committing sodomy with a person under the age of 12; taking indecent liberties upon the body of a female under 12 years of age (4 counts); and assault with intent to rapea person under the age of 12, in violation of Uniformed Code of Military Justice.

    Following his conviction, Martinez was sentenced to a 40-year period of incarceration. Martinez served approximately 11 years of his 40 year sentence and was released from custody in February of 2009. Martinez was required to register as a sex offender and update his registration any time he moved or changed employment. At some point after Sept. 30, 2022, Martinez moved out of his Boston residence and did not notify law enforcement of his change in registered address. Boston Police attempted to contact Martinez but were unsuccessful in their attempts.

    Martinez faces a sentence of up to 10 years in prison, a minimum of five years and up to lifetime supervised release and a fine of $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.

    United States Attorney Leah B. Foley and Kevin Neal, Acting United States Marshal for the District of Massachusetts made the announcement today. Assistant U.S. Attorney Luke A. Goldworm, Project Safe Childhood Coordinator and a member of the Major Crimes Unit is prosecuting the case.

    The case is brought as part of Project Safe Childhood. In 2006, the Department of Justice created Project Safe Childhood, a nationwide initiative designed to protect children from exploitation and abuse. Led by the U.S. Attorneys’ Offices and the DOJ’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend, and prosecute individuals who exploit children, as well as identify and rescue victims.  For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov/.

    MIL Security OSI –

  • MIL-OSI: GSI Technology, Inc. Announces First Quarter Fiscal 2026 Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 31, 2025 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT) today reported financial results for its first fiscal quarter ended June 30, 2025.

    Summary Comments for First Quarter Fiscal Year 2026

    • SRAM revenue increased 7% sequentially and 35% year-over-year, fueled by strong market momentum for leading AI processors;
    • Gross margin lift of 200 basis points from prior quarter and over 1,100 basis points compared to the prior year for our largest gross margin in over two years;
    • Quarter-end cash balance of $22.7 million, up from $13.4 million at the end of Q4 FY2025, including proceeds from the “at the market” (ATM) program;
    • Delivered an APU Leda-2 board to an offshore defense contractor, as planned, for proof-of-concept development; and
    • Currently developing a multi-modal LLM that targets edge applications, with benchmark results available by fall 2025.

    Lee-Lean Shu, Chairman and Chief Executive Officer, commented, “We have completed the evaluation of the second spin of our Gemini-II chip, successfully resolving all known bugs, and confirming the chip is production-ready. In parallel, we finalized development of the SAR and YOLO algorithms, optimized for a low-power version of our Leda board. We are pleased with the performance of the board, which is optimized for Edge AI applications. This solution holds strong market potential, particularly for drones operating in GPS-denied environments and next-generation satellite applications.”

    Mr. Shu continued, “Gemini-II is ideally suited for edge-based large language models (LLMs), combining high-performance, low-power architecture and flexible processing capabilities, key features that meet the growing demand for AI at the edge. We are developing a multi-modal LLM optimized for edge applications and expect to share benchmark results by fall 2025.”

    Commenting on GSI’s second quarter of fiscal 2026 outlook, Mr. Shu stated, “Current expectations for the upcoming fiscal second quarter are net revenues in a range of $5.9 million to $6.7 million, with gross margin of approximately 56% to 58%.”

    First Quarter Fiscal Year 2026 Summary Financials

    The Company reported net revenues of $6.3 million for the first quarter of fiscal 2026, compared to $4.7 million for the first quarter of fiscal 2025 and $5.9 million for the fourth quarter of fiscal 2025. Gross margin was 58.1% in the first quarter of fiscal 2026 compared to 46.3% in the first quarter of fiscal 2025 and 56.1% in the preceding fourth quarter of fiscal 2025. The increase in gross margin in the first quarter of 2026 was primarily due to product mix and the effect of higher revenue on the fixed costs in our cost of revenues. 

    In the first quarter of fiscal 2026, sales to KYEC were $267,000, or 4.3% of net revenues, compared to $1.0 million, or 21.9% of net revenues, in the same period a year ago and $1.7 million, or 29.5% of net revenues, in the prior quarter. In the first quarter of fiscal 2026, sales to Nokia were $536,000, or 8.5% of net revenues, compared to $998,000, or 21.4% of net revenues, in the same period a year ago and $444,000, or 7.5% of net revenues, in the prior quarter. In the first quarter of fiscal 2026, sales to Cadence Design Systems were $1.5 million, or 23.9% of net revenues, compared to $0, or 0% of net revenues, in the same period a year ago and $642,000, or 10.9% of net revenues, in the prior quarter. Military/defense sales were 19.1% of first quarter shipments compared to 31.9% of shipments in the comparable period a year ago and 30.7% of shipments in the prior quarter. SigmaQuad sales were 62.5% of first quarter shipments compared to 36.3% in the first quarter of fiscal 2025 and 39.3% in the prior quarter. 

    Total operating expenses in the first quarter of fiscal 2026 were $5.8 million, compared to $6.8 million, excluding a one-time gain of $5.7 million on the sale and leaseback of the Company’s corporate headquarters, in the first quarter of fiscal 2025 and $5.6 million in the prior quarter. Research and development expenses were $3.1 million, compared to $4.2 million in the prior-year period and $3.0 million in the prior quarter. Selling, general and administrative expenses were $2.7 million in the quarter ended June 30, 2025, compared to $2.6 million in the prior-year quarter and $2.6 million in the previous quarter. 

    First quarter fiscal 2026 operating loss was $(2.2) million compared to an operating loss of $(4.7) million, excluding a one-time gain of $5.7 million related to the sale and leaseback of the Company’s corporate headquarters, in the prior-year period and an operating loss of $(2.3) million in the prior quarter. First quarter fiscal 2026 net loss included interest and other income of $13,000 and a tax provision of $54,000, compared to $55,000 in interest and other income and a tax provision of $57,000 for the same period a year ago. In the preceding fourth quarter, net loss included interest and other income of $52,000 and a tax provision of $6,000. 

    Net loss in the first quarter of fiscal 2026 was $(2.2) million, or $(0.08) per diluted share, compared to net income of $1.1 million, or $0.04 per diluted share, for the first quarter of fiscal 2025. Net income for the year-ago period reflects a one-time gain of $5.7 million on the sale and leaseback transaction related to the sale of the Company’s headquarters. For the prior fourth fiscal quarter of 2025, net loss was $(2.2) million, or $(0.09) per diluted share.

    Total first quarter pre-tax stock-based compensation expense was $341,000 compared to $658,000 in the comparable quarter a year ago and $512,000 in the prior quarter. 

    At June 30, 2025, the Company had $22.7 million in cash and cash equivalents, compared to $13.4 million at March 31, 2025. Working capital was $25.7 million as of June 30, 2025 versus $16.4 million at March 31, 2025. Stockholders’ equity as of June 30, 2025 was $37.4 million, compared to $28.2 million as of the fiscal year ended March 31, 2025. 

    Conference Call

    GSI Technology will review its financial results for the quarter ended June 30, 2025, and discuss its current business outlook during a conference call at 1:30 p.m. Pacific (4:30 p.m. Eastern) today, July 31, 2025. To participate in the call, please dial 1-877-407-3982 in the U.S., or 1-201-493-6780 for international, approximately 10 minutes prior to the above start time, and provide Conference ID 13754957.  The call will also be streamed live via the internet at https://ir.gsitechnology.com.  

    About GSI Technology

    GSI Technology is at the forefront of the AI revolution with our groundbreaking APU technology, designed for unparalleled efficiency in billion-item database searches and high-performance computing. GSI’s innovations, Gemini-I® and Gemini-II®, offer scalable, low-power, high-capacity computing solutions that redefine edge computing capabilities. GSI Technology is not just advancing technology; we’re shaping a smarter, faster, and more efficient future.

    Founded in 1995 and headquartered in Sunnyvale, California, GSI Technology has 127 employees and over 125 granted patents.

    For more information, please visit www.gsitechnology.com.

    Forward-Looking Statements

    The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding GSI Technology’s expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to GSI Technology as of the date hereof, and GSI Technology assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties, which could cause actual results to differ materially from those projected. These risks include those associated with the normal quarterly and fiscal year-end closing process. Examples of risks that could affect our current expectations regarding future revenues and gross margins include those associated with fluctuations in GSI Technology’s operating results; GSI Technology’s historical dependence on sales to a limited number of customers and fluctuations in the mix of customers and products in any period; global public health crises that reduce economic activity; the rapidly evolving markets for GSI Technology’s products and uncertainty regarding the development of these markets; the need to develop and introduce new products to offset the historical decline in the average unit selling price of GSI Technology’s products; the challenges of rapid growth followed by periods of contraction; intensive competition; the continued availability of government funding opportunities; delays or unanticipated costs that may be encountered in the development of new products based on our in-place associative computing technology and the establishment of new markets and customer and partner relationships for the sale of such products; and delays or unexpected challenges related to the establishment of customer relationships and orders for GSI Technology’s radiation-hardened and tolerant SRAM products. Many of these risks are currently amplified by and will continue to be amplified by, or in the future may be amplified by, economic and geopolitical conditions, such as changing interest rates, worldwide inflationary pressures, policy unpredictability, the imposition of tariffs and other trade barriers, military conflicts and declines in the global economic environment. Further information regarding these and other risks relating to GSI Technology’s business is contained in the Company’s filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in such filings.

    Source: GSI Technology, Inc.

    Investor Relations
    Hayden IR
    Kim Rogers
    Managing Director
    385-831-7337
    Kim@HaydenIR.com

    Media Relations
    Finn Partners for GSI Technology
    Ricca Silverio
    (415) 348-2724
    gsi@finnpartners.com

    Company
    GSI Technology, Inc.
    Douglas M. Schirle
    Chief Financial Officer
    408-331-9802

    GSI TECHNOLOGY, INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (in thousands, except per share data)
    (Unaudited)
                 
            Three Months Ended
            June 30, March 31, June 30,
              2025     2025     2024  
                 
    Net revenues  $ 6,283   $ 5,883   $ 4,671  
    Cost of goods sold   2,632     2,584     2,510  
                 
    Gross profit    3,651     3,299     2,161  
                 
    Operating expenses:      
                 
      Research & development   3,097     2,966     4,214  
      Selling, general and administrative   2,730     2,609     2,604  
      Gain from sale and leaseback transaction   –     –     (5,737 )
          Total operating expenses   5,827     5,575     1,081  
                 
    Operating income (loss)   (2,176 )   (2,276 )   1,080  
                 
    Interest and other income, net   13     52     55  
                 
    Income (loss) before income taxes   (2,163 )   (2,224 )   1,135  
    Provision for income taxes   54     6     57  
    Net income (loss) $ (2,217 ) $ (2,230 ) $ 1,078  
                 
                 
    Net income (loss) per share, basic $ (0.08 ) $ (0.09 ) $ 0.04  
    Net income (loss) per share, diluted $ (0.08 ) $ (0.09 ) $ 0.04  
                 
    Weighted-average shares used in      
         computing per share amounts:      
                 
    Basic       26,967     25,604     25,374  
    Diluted       26,967     25,604     25,686  
                 
                 
    Stock-based compensation included in the Condensed Consolidated Statements of Operations:
                 
                 
            June 30, March 31, June 30,
              2025     2025     2024  
                 
    Cost of goods sold $ 44   $ 42   $ 56  
    Research & development   (62 )   263     290  
    Selling, general and administrative   359     207     312  
            $ 341   $ 512   $ 658  
                 
    GSI TECHNOLOGY, INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (in thousands)
    (Unaudited)
             
        June 30, 2025 March 31, 2025
    Cash and cash equivalents $ 22,725   $ 13,434
    Accounts receivable   1,587     3,169
    Inventory   3,763     3,891
    Other current assets   3,012     2,961
    Net property and equipment   722     808
    Operating lease right-of-use assets   9,232     9,547
    Other assets   9,464     9,507
    Total assets $ 50,505   $ 43,317
             
    Current liabilities $ 5,372   $ 7,074
    Long-term liabilities   7,759     8,017
    Stockholders’ equity   37,374     28,226
    Total liabilities and stockholders’ equity $ 50,505   $ 43,317
             

    The MIL Network –

  • MIL-Evening Report: Colombia is producing more cocaine than ever – and more is reaching Australian shores

    Source: The Conversation (Au and NZ) – By Cesar Alvarez, Lecturer in Terrorism and Security Studies, Charles Sturt University

    Members of the Colombian anti-narcotics police test cocaine after a drug bust. RAUL ARBOLEDA/AFP via Getty Images

    Imagine an area larger than the Australian Capital Territory, nearly twice the size of London and four times that of New York City covered in coca plantations.

    That’s the scale of Colombia’s coca cultivation, according to an estimate from the United Nations Office of Drugs and Crime (UNODC).

    Colombia produces an estimated 2,664 metric tonnes of cocaine annually. That is enough to fill 20 Boeing 747 cargo planes per year.

    Not even during the darkest days of Pablo Escobar’s infamous empire did Colombia cultivate as much coca or produce as much cocaine as it does today.

    In the past year alone, coca crops expanded by 10% and production capacity soared more than 50%.

    So how did it come to this?

    A worrying mix

    Colombia did not arrive at this point overnight, nor by chance. A complex mix of radical and failed policy shifts, scientific innovation and global demand, among other factors, has shaped this trajectory.

    For example, in 2015, Colombia’s Constitutional Court suspended aerial fumigation and banned the use of glyphosate. Despite the herbicide’s effectiveness in killing coca plants, the court cited concerns over its health risks and environmental impact.

    Aerial spraying had allowed the government to reduce the risk that manual eradication brigades were exposed to over large areas.

    In 2016, then-president Juan Manuel Santos introduced a scheme to substitute coca with non-illicit plants. Incentives were offered to farmers. However, it ended up encouraging many peasants who had never grown coca before to begin cultivating it, simply to qualify for the new subsidies.

    It is no surprise that during Santos’ second term (2014–18), Colombia’s coca crops nearly doubled, from 96,000 hectares to more than 170,000.

    This was all in an effort to secure a peace deal with the narco-terrorist group Revolutionary Armed Forces of Colombia (FARC).

    More recently, in 2022, President Gustavo Petro announced his Paz Total (Total Peace) policy. This was designed to bring trafficking organisations – including Colombia’s second largest narco-terrorist group, the National Liberation Army (ELN) – to the negotiation table.

    Ironically, and paradoxically, Colombia is now producing more drugs than ever. It is also experiencing a sharp increase in violence by non-state armed groups.

    The impact on Australia

    What happens in Colombia matters to Australia because criminal innovation is fuelling greater cocaine volumes and higher purity. This means more is flowing towards Australian shores.

    Colombia’s coca production is being reshaped by enhanced cultivation techniques, more secure and autonomous smuggling methods, and an increasingly fragmented criminal landscape.

    Production is now more efficient and profitable than ever. Growers are planting improved coca leaf varieties and achieve more harvest cycles per year with higher alkaloid yields per kilo.

    Smuggling methods have also evolved.

    Semi-submersibles or narco-submarines are increasing in storage capacity. Recent seizures show manned vessels with four to five tonnes of capacity are now the rule rather than the exception.

    Some networks are also transitioning from manned to unmanned operations.

    Also, the growing presence and operational influence of Mexican cartels in Colombia has amplified the scope and scale of alliances between transnational organised crime groups across Europe, Asia and Oceania. International police investigations are even more complex.

    Like much of the world, there is a growing demand for and increasing use of cocaine in Australia.

    Despite record-high seizure numbers and total volumes intercepted, Australia is still among the most attractive destination markets for drug trafficking organisations because of the high price users pay for the drugs.

    Unless something radically changes in Colombia, Australia continues to face growing risks from maritime trafficking routes. There is also an increased threat of being used as a transit and money laundering hub in the global drug economy.

    Some possible solutions

    Even if conditions in Colombia were to change swiftly and drastically, supply-focused strategies alone are insufficient to mitigate the risks facing Australia.

    After all, Colombia cannot simply fumigate its way out of this cocaine crisis, just as Australia cannot arrest its way out of it.

    However, continued collaboration between the Australian Federal Police and the National Police of Colombia remains essential to keep drugs at bay.

    The appointment of Colombia’s first police attaché to Australia will be a welcome and meaningful step forward. (While not yet formally announced, the Colombian embassy in Australia has informed me and several other experts the country is appointing the attaché.)

    Both countries must deepen this relationship and collectively engage meaningfully and frequently to help solve the problem.

    Cesar Alvarez does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Colombia is producing more cocaine than ever – and more is reaching Australian shores – https://theconversation.com/colombia-is-producing-more-cocaine-than-ever-and-more-is-reaching-australian-shores-261745

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Ranking Member Coons statement on SAC-D markup

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – U.S. Senator Chris Coons (D-Del.), ranking member of the Senate Appropriations Subcommittee on Defense (SAC-D), issued the following statement after the Senate Appropriations Committee marked up and passed the SAC-D bill out of committee by a vote of 26-3:

    “Our nation faces critical and pressing national security challenges, from China and Russia to cyberattacks and drone warfare. In the face of those dangers, the Trump administration has focused on fighting culture wars instead of deterring real wars, forcing our military to be funded by its first continuing resolution in its history and dragging their feet with a delayed and error-filled budget process for fiscal year 2026. We cannot prepare for tomorrow’s battles with yesterday’s funding plans.

    “This administration may not take funding our military seriously, but it’s clear that the Senate still does. Today’s successful markup shows a strong, bipartisan commitment to funding a military that stands with Ukraine and our allies, that deters Chinese and Russian aggression, that modernizes our defense based on lessons we’re learning in Ukraine, and that better supports our servicemembers and military families. From investing in shipbuilding to expanding our munitions production capacity to fill critical shortages, this bill is responsive to what our nation’s military leaders and combatant commands have directly told us they need.

    “I’m proud to have worked with Chairman McConnell to look to the future and advance a bipartisan defense appropriations bill. I urge my Senate colleagues to swiftly take up and pass our bill to reassert our constitutional authority over the appropriations process and ensure our military is equipped to face the challenges of this decade and beyond. I also encourage them to support the rest of the appropriations process so we can ensure that our nation’s soft power matches our hard power. If we spend less on diplomacy and development, we will have to spend more on ammunition.”

    MIL OSI USA News –

  • MIL-OSI USA: Ranking Members Coons and Reed, McCollum and Smith call on President Trump to stop diverting defense funds to domestic immigration enforcement

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – Ranking Member of the Senate Defense Appropriations Subcommittee Chris Coons (D-Del.), Ranking Member of Senate Armed Services Committee Jack Reed (D-R.I.), Ranking Member of the House Defense Appropriations Subcommittee Betty McCollum (D-Minn.), and Ranking Member of House Armed Services Committee Adam Smith (D-Wash.) sent a letter to Secretary of Defense Pete Hegseth urging him to stop diverting military funds to support immigration enforcement operations usually handled by the Department of Homeland Security (DHS).

    The letter raises concerns about the Department of Defense’s (DOD) recent request to transfer funds from the Navy’s Working Capital Fund to cover non-reimbursable support for DHS’s immigration enforcement and removal operations. The proposed diversion is part of a DOD pattern of diverting funds to DHS-related efforts in ways that could weaken military readiness and make the United States less prepared to fight the wars of tomorrow.

    “Since January 2025, DOD has chosen to provide more than $838 million in non-reimbursable DOD support to DHS. Those transfers come at a cost; a dollar spent on immigration enforcement is a dollar unavailable to prepare and equip our troops,” the lawmakers wrote.

    The lawmakers highlighted that President Donald Trump’s recently passed One Big Beautiful Bill Act includes $1 billion for DOD and more than $170 billion for DHS, making the additional funding of immigration enforcement unnecessary.

    “With the funds now available to DHS, there is no need to continue non-reimbursable support to DHS, and the work of domestic immigration enforcement can and must be returned to DHS. Deploying military personnel for these tasks does not build lethality and risks politicizing those forces,” the lawmakers wrote.

    They conclude by urging DOD leadership to focus on the department’s core mission of military readiness and supporting our men and women in uniform.

    You can read the full letter here.

    MIL OSI USA News –

  • MIL-OSI Russia: Myanmar’s National Defence and Security Council has declared martial law in 63 towns across the country.

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    YANGON, July 31 (Xinhua) — Myanmar’s National Defence and Security Council on Thursday declared martial law in 63 townships across the country shortly after imposing a state of emergency there, state broadcaster Myanmar Radio Television reported.

    According to the report, in accordance with the martial law decree, the National Defense and Security Council transferred executive and judicial functions in the townships to the commander-in-chief of the country’s armed forces.

    It is noted that martial law is intended to ensure the restoration of normal administrative conditions, peace and the rule of law in the villages.

    The areas under martial law include five townships in Kachin State, three in Kayah State, two in Karen State, seven in Chin State, nine in Sagaing State, five in Magway State, three in Mandalay State, 14 in Rakhine State and 15 in Shan State, the broadcaster said.

    According to the decree, martial law will be in effect for 90 days. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

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  • MIL-OSI Security: Band Members from Partner Nations Participating in Pacific Partnership 2025 Perform at the University of Technology in Lae, Papua New Guinea July 2025 [Image 6 of 8]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on

    LAE, Papua New Guinea (July 30, 2025) Pacific Partnership 2025 multinational band members pose with students from the Papua New Guinea University of Technology elementary school in Lae, Papua New Guinea, July 30, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communications Specialist Seaman Mario E. Reyes Villatoro)

    Date Taken: 07.30.2025
    Date Posted: 07.30.2025 20:36
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  • MIL-OSI Security: Pacific Partnership 2025 Leaders conduct a chaplain symposium aboard the Il Chul Bong, July 2025 [Image 1 of 2]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on

    LAE, Papua New Guinea (July 30, 2025) Pacific Partnership 2025 multinational team member U.S. Navy Lt. Reginald Anderson-Exul speaks during a chaplains combined prayer service aboard the Il Chul Bong, July 30, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist Seaman Alexander Bussman)

    Date Taken: 07.29.2025
    Date Posted: 07.31.2025 02:58
    Photo ID: 9229248
    VIRIN: 250730-N-RW505-1516
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  • MIL-OSI Security: Former Guam Corrections Officer Sentenced to 120 Months in Federal Prison for Attempted Enticement of a Minor

    Source: Office of United States Attorneys

    Hagåtña – SHAWN N. ANDERSON, United States Attorney for the Districts of Guam and the Northern Mariana Islands, announces that, Raymond T. Tammed, age 30, from Piti, Guam, was sentenced to 120 months imprisonment in the U.S. District Court of Guam for Attempted Enticement of a Minor, in violation of 18 U.S.C. § 2422(b).  The Court also ordered five years of supervised release and a $100 mandatory assessment fee.  Under the Sex Offender Registration and Notification Act, Tammed must register in every jurisdiction he resides, works, and goes to school.

    In May of 2024, federal investigators conducted an internet-based operation to identify and arrest individuals seeking to engage in sexual activity with minors on Guam. During that operation, Tammed contacted an undercover agent posing as a 13-year-old girl. Despite believing that he was conversing with an underage girl, Tammed sent sexually explicit messages, sought to arrange a sexual encounter, and sent the undercover agent a selfie and a picture of his genitals. Tammed later arranged to meet the undercover agent at the Andersen Air Force Base Visitors Center, where Tammed was arrested upon arrival.

    “This case demonstrates the dangers faced by our children during online activity,” stated United States Attorney Anderson. “We will continue these undercover operations to protect our communities from sexual predators.  I applaud the efforts of law enforcement in bringing Tammed to justice.”

    ​​“Keeping our children safe from ​exploitation and ​​abuse is the highest priority.  By taking predators like ​Tammed off the street, we are ensuring the safety of the most vulnerable members of our community,” said Homeland Security Investigations Special Agent in Charge Lucy Cabral-DeArmas.  “HSI will continue to seek justice to keep our children safe with zero tolerance for this heinous crime.”

    Investigation was conducted by Homeland Security Investigations and Air Force Office of Special Investigations Service, Detachment 602.

    This case was prosecuted by Benjamin K. Petersburg, Assistant United States Attorney in the District of Guam.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, 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 Justice.gov/PSC.

    # 

    MIL Security OSI –

  • PM Narendra Modi pays tribute to freedom fighter Udham Singh on his Shaheedi Diwas

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Thursday paid tribute to freedom fighter Udham Singh on his “Shaheedi Diwas,” calling his bravery a lasting inspiration for the people of India.

    In a post on X, PM Modi said, “My humble tribute to the immortal son of Mother India, martyr Udham Singh, on his martyrdom day. His saga of patriotism and bravery will always remain a source of inspiration for the people of the nation.”

    Defence Minister Rajnath Singh also honoured the revolutionary, saying Udham Singh’s supreme sacrifice continues to inspire generations.

    “My heartfelt tribute to the great freedom fighter and revolutionary Sardar Udham Singh on his ‘Shaheedi Diwas’ today. His unparalleled courage and supreme sacrifice remain a source of inspiration for generations. India will always remember his unwavering spirit and deep love for the nation,” he posted on X.

    Home Minister Amit Shah shared a detailed tribute, highlighting Udham Singh’s fierce resistance to colonial atrocities and his role in the freedom struggle.

    “Udham Singh dedicated his life to self-respect and freedom. He launched an armed rebellion against British atrocities. The Jallianwala Bagh massacre deeply disturbed him, prompting him to travel to England to avenge the killings. Through the Ghadar Party, he inspired patriotism among Indians living abroad. His courage, bravery, and sacrifice gave greater strength to India’s freedom movement. He will forever inspire the youth to put the nation above all.
    My respectful tribute to the embodiment of bravery and sacrifice, martyr Sardar Udham Singh, on his martyrdom day,” he said on X.

    Born in 1899 in Sangrur, Punjab, Udham Singh lost his parents at an early age. He was hanged on July 31, 1940, for assassinating Michael O’Dwyer, the former Lieutenant Governor of Punjab, in London — an act of revenge for the 1919 Jallianwala Bagh massacre.

    The Jallianwala Bagh massacre took place on April 13, 1919, when British Indian Army troops under Colonel Reginald Dyer opened fire on a peaceful gathering of unarmed protesters and pilgrims in Amritsar, Punjab, on the occasion of Baisakhi.

    The crowd had assembled to protest the arrest of nationalist leaders Satya Pal and Saifuddin Kitchlew. The indiscriminate firing led to massive casualties.

    According to official British records, 379 people were killed and around 1,200 injured. However, other estimates put the death toll at over 1,000.

    — ANI

  • MIL-OSI Russia: Philippines is a troublemaker in the South China Sea – Chinese Defense Ministry

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 30 (Xinhua) — The Philippines is a troublemaker and a source of danger in the South China Sea (SCS), Chinese Defense Ministry spokesman Zhang Xiaogang said.

    Zhang Xiaogang made the remarks at a press conference on Wednesday, commenting on the Philippine defense minister’s statement that the Philippine military will resolutely respond to China’s “aggressive” actions in the South China Sea and reports that the Philippines is strengthening defense cooperation with the United States, Australia, Japan and India.

    The official representative called such statements a complete distortion of the facts and an attempt to shift the blame.

    The territorial boundaries of the Philippines have long been defined by a number of international treaties, and the islands in the South China Sea are outside these boundaries, Zhang Xiaogang noted.

    He noted that the Philippine side, however, illegally occupies individual reefs and islands of the Nansha Archipelago, which belongs to China, often provokes and creates obstacles for China at sea, and even condones extra-regional forces in escalating tensions in the South China Sea.

    China remains steadfast in safeguarding its territorial sovereignty, maritime rights and interests, and will continue to resolutely oppose the Philippines’ encroachments and provocative actions in accordance with laws and regulations, Zhang Xiaogang concluded. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

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  • MIL-OSI Russia: China’s Defense Ministry urges relevant countries to approach Taiwan-related issues with caution

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 30 (Xinhua) — Chinese Defense Ministry spokesperson Zhang Xiaogang on Wednesday called on relevant countries to exercise utmost caution when handling Taiwan-related issues.

    Zhang Xiaogang made the statement in response to recent reports that the United States did not allow Taiwanese leader Lai Qingde to make a planned “transit stop” in New York during his trip to Latin America.

    Zhang Xiaogang stressed that China firmly opposes any form of official interaction between any country and the Chinese region of Taiwan.

    “We urge the United States to strictly abide by the one-China principle and the three China-US joint communiques, handle Taiwan-related issues with the utmost caution, and make joint efforts to promote the stable, healthy and sustainable development of China-US relations,” the spokesman said.

    Commenting on reports that the US sent several active and retired military personnel as observers to the so-called Hanguang 41 exercises in Taiwan, Zhang Xiaogang stressed that the Taiwan issue is an exclusively internal affair of China that does not allow any external interference.

    He noted that China is firmly opposed to any form of collusion between the United States and Taiwan in the military sphere.

    The spokesman also warned Taiwan’s Democratic Progressive Party administration that any attempt to secure American support for its push for “Taiwan independence” and resist Chinese reunification by force was doomed to failure. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Chinese Ambassador Visits Tajikistan Defense Minister

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    DUSHANBE, July 30 (Xinhua) — Chinese Ambassador to Tajikistan Guo Zhijun paid a courtesy call on Tajik Defense Minister Emomali Sobirzoda upon his arrival in the country on Wednesday. The ambassador was accompanied by military attaché Yang Bo.

    Guo Zhijun said that China and Tajikistan are good neighbors, good partners and brothers. He recalled that during the successful visit of Chinese President Xi Jinping to Tajikistan in 2024, the parties elevated China-Tajikistan relations to the level of comprehensive strategic cooperation and partnership in a new era, marking a new vector for the development of bilateral relations and cooperation in all areas.

    According to Guo Zhijun, cooperation between the armed forces of China and Tajikistan is an important component of bilateral relations. The ambassador expressed readiness to maintain close working contacts with the Tajik side to further implement the important consensus reached by the heads of the two states and the Global Security Initiative.

    E. Sobirzoda welcomed Guo Zhijun and congratulated him on the 98th anniversary of the founding of the People’s Liberation Army of China. China is Tajikistan’s most reliable partner, he said, noting that the heads of the two states maintain deep friendship, and bilateral military exchanges continue to deepen.

    The Minister noted that China provides valuable support to the development of the armed forces of Tajikistan and makes a significant contribution to strengthening stability in Tajikistan and the region. The Ministry of Defense of Tajikistan expects to work with the Chinese ambassador to further enhance the level of military cooperation between the two countries, said E. Sobirzoda. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: 7 killed in plane crash in southern Venezuela

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    MEXICO CITY, July 30 (Xinhua) — Seven people were killed in a plane crash in the southern Venezuelan state of Amazonas on Tuesday, Venezuelan Defense Minister Vladimir Padrino Lopez said in a statement posted on social media on Wednesday.

    The plane that crashed belonged to the Venezuelan Air Force and was on a mission to transport indigenous people.

    There were ten people on board, including three crew members. The co-pilot and six passengers died in the crash, according to the statement.

    According to the minister, the repatriation of the bodies will be completed in the very near future, and the cause of the incident is being investigated. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Flash: Myanmar’s National Defence and Security Council forms new Union Government and National Security and Peace Commission – state media

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Xinhua | 31.07.2025

    Key words: Myanmar

    Source: Xinhua

    Flash: Myanmar’s National Defence and Security Council forms new Union Government and National Security and Peace Commission – state media Flash: Myanmar’s National Defence and Security Council forms new Union Government and National Security and Peace Commission – state media

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –