All articles tagged with #government contract
Originally Published 7 months ago — by TipRanks
The Trump administration has awarded Palantir a contract to develop a comprehensive federal data platform, raising concerns about privacy, surveillance, and political risks, while the company's stock remains volatile with mixed analyst opinions.
Originally Published 1 year ago — by USA TODAY
Retired Navy Admiral Robert Burke was arrested on bribery charges for allegedly awarding a government contract to executives Yongchul "Charlie" Kim and Meghan Messenger in exchange for future employment at their company, NextJump. Both executives were also arrested. Burke is accused of steering a $355,000 contract to the company and later joining it with a $500,000 salary. All three face significant prison time if convicted. Burke denies the allegations, claiming no quid pro quo occurred.
Originally Published 1 year ago — by BBC.com
Retired US Navy Admiral Robert Burke has been charged with bribery for allegedly awarding a government contract to a company in exchange for a future job with the firm. Burke, who served as vice-chief of naval operations until 2022, faces up to 30 years in prison if convicted. Two executives from the company involved have also been arrested and face up to 20 years in jail. The case is being investigated by multiple federal agencies.
Originally Published 1 year ago — by CBS News
Retired four-star Navy Admiral Robert Burke has been indicted on charges of conspiracy and bribery for allegedly securing a government contract for a company in exchange for a future job. Burke, who denies the charges, is accused of working with executives Yongchul "Charlie" Kim and Meghan Messenger to secure a contract for their company, Next Jump, while still serving in the Navy. The indictment claims Burke concealed his actions and misled the Department of Defense about his intentions.
Originally Published 1 year ago — by Department of Justice
Retired Navy Admiral Robert Burke and business executives Yongchul "Charlie" Kim and Meghan Messenger were arrested for their alleged roles in a bribery scheme involving a U.S. government contract. Burke is accused of using his position to award a contract to Kim and Messenger's company in exchange for future employment. The indictment includes charges of conspiracy to commit bribery, bribery, and other related offenses. If convicted, Burke faces up to 30 years in prison, while Kim and Messenger each face up to 20 years.
Originally Published 1 year ago — by Department of Justice
A retired Navy Admiral, Robert Burke, and two business executives, Yongchul Kim and Meghan Messenger, were arrested for their roles in a bribery scheme involving a U.S. government contract. They allegedly conspired to secure a lucrative Navy contract for Company A in exchange for future employment for Burke. If convicted, Burke faces up to 30 years in prison, while Kim and Messenger each face up to 20 years.
Originally Published 2 years ago — by Business Insider
Oracle has laid off hundreds of employees, rescinded job offers, and cut back open positions within its health unit, which includes health IT giant Cerner, due to challenges with a massive government contract with the US Department of Veterans Affairs. The project has been plagued with issues, leading to less government-related work for Cerner and resulting in this round of cuts. Cerner is Oracle's largest acquisition and a primary focus for chairman and CTO Larry Ellison, who believes it will prove Oracle's cloud business to the world.