Mary-Louise Hoffman

CAE Signs $1B Deal for L3Harris’ Military Training Unit; Marc Parent Quoted

Marc Parent President

CAE has agreed to buy the military training segment of L3Harris Technologies for approximately $1.05 billion in a strategy to access multiple programs aimed at preparing U.S. warfighters for aircraft and weapon system operations. Montreal-based CAE said Monday it expects to close the transaction in the second half of this year. Marc Parent, president and CEO of CAE, said the company aims to accelerate its growth strategy in the defense and security space through the acquisition and expand its U.S. market presence.

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LexisNexis Risk Solutions Report Analyzes Cybercrime Across Generations; Monty Faidley Comments on Government Digital Fraud Prevention

Monty Faidley VP LexisNexis Risk Solutions

A LexisNexis Risk Solutions analysis of 24.6 billion online transactions during the second half of 2020 found that people younger than 25 and those aged 75 and older were the most vulnerable to digital fraud incidents. Data from the LexisNexis Digital Identity Network also revealed a decrease of 184 million in human-initiated cyberattacks and an increase of 100 million in botnet attacks during 2020.

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HawkEye 360 Launches Radio Frequency Data Analytics Platform; Alex Fox Quoted

Alex Fox EVP HawkEye 360

Satellite technology company HawkEye 360 has released its Mission Space offering in a move to help customers identify radio frequency activity and visualize RF geospatial intelligence data. Alex Fox, an executive vice president of HawkEye 360, said the company developed the platform to create value for customers of its subscription RF signal data services and to drive adoption of commercial analytics technology for defense, intelligence and commercial applications.

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