Ive been testing this and it seems to not be working. Its not generating threat or if it is its not generating enough to be useful. It also seems to be adding no resist values.
Just wanted to pop in and say I've noticed this as well. I can't speak for the damage resist buff as I wasn't really looking for it, but I was running STFs with fleetmates who hadn't specced into it and was seeing no change in threat gain from before.