Artel’s JITC Test Team is First and Only Non-DoD Lab Team Certified to Perform Security Assessments of Cross Domain Solutions
Fort Meade, MD, October 2017 ― As a member of the Defense Information Systems Agency’s (DISA) Joint Interoperability Test Command (JITC), Artel has been able to leverage its competitive edge and expertise in the security testing of Cross Domain Solutions to become the first and only JITC Test Team certified to perform certification and evaluation of cross domain guarding solutions.
The Artel Team is the first non-DoD Lab Team to be recognized by the Unified Cross Domain Solutions Management Office (UCDSMO) to perform the Lab Based Security Assessments (LBSA) on cross domain solutions for potential inclusion on the UCDSCMO Cross Domain Solutions Baseline Technology List. This list is a validated products list of cross domain solutions and technologies available to the Department of Defense and the Intelligence Community. The National Security Agency (NSA) has granted JITC a provisional certification to perform the LBSA, primarily due to the 15 years of experience the Artel Team has in testing, securing and accrediting cross domain solutions, along with Artel’s knowledge and expertise of the technology, risk and threats associated with the DoD’s Enterprise Capabilities.
HERNDON, VA, September 2017 ― Artel, LLC, completed a refinancing of existing debt that gives the firm significant annual cash interest expense savings and improved operational liquidity. Besides a new term loan, the facility includes a revolver and incremental facility. This structure provides operating flexibility as well as enabling the company to fund future growth plans.
Artel is a leading provider of highly secure, complex, customized end-to-end communications solutions for the U.S. Government. Artel’s ability to design and integrate terrestrial, satellite, and cyber technologies for mission-critical communications worldwide is underpinned by its healthy balance sheet, strong creditor backings, and deep customer relationships. The financial restructuring affords Artel the operational flexibility and comfortable liquidity to finance future capital expenditures to support the U.S. Federal Government’s global communication requirements.
“We are pleased to have completed this refinancing in such a positive manner. This refinancing gives us significant annual cash interest expense savings, improved cash flow, and provides the financial and operating flexibility to achieve our long-term growth objectives,” said Paul Domorski, the Company’s Chief Executive Officer. “This transaction will enable us to lower borrowing costs and increase our flexibility to fund future investment opportunities.” The credit facilities were financed by SunTrust and Capital One NA as Joint Lead Arrangers. “We are thrilled to work with Artel and co-lead a financing package that will enable Artel to grow as a company and continue to provide high-end secure communications solutions to their clients,” said Joshua Dearmon, Senior Vice President in Capital One’s Government Contracting Banking group. SunTrust Robinson Humphrey served as Left Lead Arranger and SunTrust Bank is Administrative Agent for this transaction.