:

Business/Financial

AE Industrial Partners Invests In Company Serving Intelligence Community

By Cal Biesecker

Monday, November 1st, 2021

SHARE:

AE Industrial Partners Invests In Company Serving Intelligence Community

Nicholas Harscher, president and CEO of Fire Team Solutions. LinkedIn photo.

The private equity firm AE Industrial Partners (AEI) on Monday said it has made “a significant equity and debt investment” in Fire Team Solutions, which provides technology services to the intelligence community and Defense Department. Terms of the transaction were not disclosed and AEI declined to answer any questions about the deal beyond what was in its press release. Fire Team, which is based in Northern Virginia and is a service-disabled, veteran-owned small business, provides secure cloud architecture and analytics,…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]