:

Business/Financial

Greystones Group Acquires IP For Data Analytics Software

By Cal Biesecker

Friday, April 14th, 2023

SHARE:

Greystones Group Acquires IP For Data Analytics Software

Sheila Duffy, CEO and founder of Greystones Group. LinkedIn photo.

Greystones Group, a woman-owned small business, said it has acquired the intellectual property for a proprietary advanced data analytics software it plans to market to federal agencies for mission critical missions. Terms of the transaction were not disclosed. Greystones said the commercial-off-the-shelf (COTS) open architecture tools support artificial intelligence, machine learning and natural language processing analytics within the security and compliance standards of federal agencies. The software is currently deployed at the Treasury Department to help analysts identify tax fraud.…

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]