:

Business/Financial

Carlyle, Insight Take Majority Stake In Supply Chain Management Company Exiger

By Cal Biesecker

Wednesday, December 20th, 2023

SHARE:

Carlyle, Insight Take Majority Stake In Supply Chain Management Company Exiger

Exiger on Wednesday said the company has agreed to receive a majority investment from the private equity firm Carlyle [GG] and Insight Partners, which invests in software and high-technology companies, allowing the supply chain transparency firm to scale up and boost its investments in artificial intelligence. The pending investments were not disclosed. Exiger’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of the transaction. Exiger, which is based in Northern Virginia, offers a software-as-a-service platform…

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 […]