Grumman

L2L Set to Announce Groundbreaking New Product Capabilities at Connected Workforce Summit

Retrieved on: 
Donnerstag, Mai 9, 2024
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SALT LAKE CITY, May 9, 2024 /PRNewswire-PRWeb/ -- L2L, the global leader in connected workforce solutions, is launching its latest product innovations at the upcoming Connected Workforce Summit. This event, being held on May 14-15 in Salt Lake City, Utah, will showcase new capabilities that help manufacturers succeed by empowering frontline workers to do their jobs better, more safely, and with less frustration. L2L's latest cutting-edge innovations will transform the connected workforce software landscape by enabling manufacturers to harness the full breadth of enterprise data to find immediate opportunities for operational improvement and worker empowerment.

Key Points: 
  • SALT LAKE CITY, May 9, 2024 /PRNewswire-PRWeb/ -- L2L , the global leader in connected workforce solutions, is launching its latest product innovations at the upcoming Connected Workforce Summit.
  • Branded as L2L Assist, AI now enables users to ask questions and receive recommendations via an intuitive chat-like interface.
  • "We're tremendously excited about the product innovations we'll be introducing at this year's summit," said John Davagian, CEO at L2L.
  • For more information about the Connected Workforce Summit and the latest innovations from L2L, visit http://www.l2l.com .

EQS-News: Mynaric selected by Rocket Lab for Space Development Agency’s Tranche 2 Transport Layer – Beta Program

Retrieved on: 
Freitag, Mai 10, 2024
SDA, Pioneer, Grumman, Human, Communication, Rocket Lab, Tranche, LOS, Transport layer, FRA

LOS ANGELES, May 7, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Rocket Lab USA, Inc (NASDAQ: RKLB) to supply free space optical terminals for the Space Development Agency’s (SDA) Tranche 2 Transport Layer (T2TL) - Beta program.

Key Points: 
  • LOS ANGELES, May 7, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it has been selected by Rocket Lab USA, Inc (NASDAQ: RKLB) to supply free space optical terminals for the Space Development Agency’s (SDA) Tranche 2 Transport Layer (T2TL) - Beta program.
  • Rocket Lab was awarded the 18-vehicle program in January 2024 .
  • The order of CONDOR Mk3 terminals is valued at approximately $15 million with deliveries beginning in 2025 and continuing into 2026.
  • Once completely fielded, Tranche 2 will provide global persistence for all capabilities in Tranche 1 plus demonstration of advanced tactical data links and future proliferated missions.

Northrop Grumman to Webcast Annual Shareholders Meeting

Retrieved on: 
Mittwoch, Mai 8, 2024
Grumman, Webcast, Security (finance), Northrop Grumman, NOC

FALLS CHURCH, Va., May 08, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will conduct its annual shareholders meeting exclusively online via live webcast at virtualshareholdermeeting.com/NOC2024 on Wednesday, May 15, at 8 a.m. Eastern time.

Key Points: 
  • FALLS CHURCH, Va., May 08, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will conduct its annual shareholders meeting exclusively online via live webcast at virtualshareholdermeeting.com/NOC2024 on Wednesday, May 15, at 8 a.m. Eastern time.
  • If you encounter difficulties accessing the virtual meeting, please call the technical support number that will be posted on the webcast page.
  • You may also check the company’s investor relations webpage for information about meeting rules or other information regarding the meeting.
  • All shareholders are encouraged to vote promptly in advance of the meeting by using one of the methods described in the proxy materials for the annual shareholders meeting.

Global Military Drone Market Expected to Reach $18 Billion By 2028 as U.S. Government Plays Crucial Role in Military Drone Industry

Retrieved on: 
Dienstag, Mai 7, 2024
ARK, Online, UAV, Group 1, Grumman, News, Partnership, AeroVironment, Convention (norm), RCAT, UAS, Defense, LMT, Aircraft, Lockheed Martin, Machine learning, Software, ATAK, NDAA, Special, Telephone, Radio, MANET, Ad hoc, Demonstration, SRR, Sony, Raytheon Technologies, Century, Government, Atmosphere, USD, FPV, PALM, Environment, General Atomics, Northrop Grumman, Technology company, Drone, Growth, Compound annual growth rate

According to a report from MarketsAndMarkets, the military drone market is poised to reach USD 18.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 7.0% during the period from 2023 to 2028.

Key Points: 
  • According to a report from MarketsAndMarkets, the military drone market is poised to reach USD 18.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 7.0% during the period from 2023 to 2028.
  • The report said: “The global race among nations to invest in drone technology has sparked a competitive environment.
  • This demand for more sophisticated drone capabilities is a key factor stimulating the expansion of the military drone market.
  • The MarketsAndMarkets report continued: “Based on operation mode, The military drone market is divided into remotely piloted, optionally piloted, and fully autonomous categories.

Sidus Space is teammate on $30M Intuitive Machines-led Moon RACER Team for the NASA Lunar Terrain Vehicle Services Contract to Support the Agency’s Artemis Campaign

Retrieved on: 
Dienstag, Mai 7, 2024
Technology, Mobile, Wireless, Engineering, Satellite, Telecommunications, Aerospace, Manufacturing, Internet, Data Management, Sidus, Moon, LTV, Intuition, Grumman, NASA, Intuitive Machines, Lunar Terrain Vehicle, Michelin, AVL, Architecture, Communications satellite

Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company announced that it is a teammate on the NASA Lunar Terrain Vehicle Services (“LTVS”) Contract which was awarded to the Intuitive Machines-led Moon Reusable Autonomous Crewed Exploration Rover (RACER) team announced earlier last month.

Key Points: 
  • Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company announced that it is a teammate on the NASA Lunar Terrain Vehicle Services (“LTVS”) Contract which was awarded to the Intuitive Machines-led Moon Reusable Autonomous Crewed Exploration Rover (RACER) team announced earlier last month.
  • This contract represents the first phase of developing a crewed rover for human exploration of the Moon’s surface .
  • The LTVS project aims to create a feasibility roadmap for developing and deploying a Lunar Terrain Vehicle (“LTV”) on the Moon using Intuitive Machines’ Nova-D cargo-class lunar lander.
  • “We are excited to support Intuitive Machines and the Moon RACER team.

Northrop Grumman Releases First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, April 25, 2024
Grumman, Northrop Grumman, NOC

FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 financial results.

Key Points: 
  • FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 financial results.
  • A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com .
  • As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today.
  • Northrop Grumman is a leading global aerospace and defense technology company.

Paragon Announces RNASA Stellar Award Nominations

Retrieved on: 
Mittwoch, April 24, 2024
Paragon, Stellar, Gateway, Moon, Grumman, ISS ECLSS, NASA, Spacecraft, ARS, ECLSS, Paragon Space Development Corporation, Artemis, Knowledge, HALO, Management

TUCSON, Ariz., April 24, 2024 /PRNewswire/ -- Paragon Space Development Corporation (Paragon) is proud to announce that it has received two RNASA Stellar Award nominations: Early Career - Jonathan Anthony and in the Teams category: the Paragon Habitat and Logistics Outpost (HALO) Environmental Control and Life Support System (ECLSS) Team.

Key Points: 
  • TUCSON, Ariz., April 24, 2024 /PRNewswire/ -- Paragon Space Development Corporation (Paragon) is proud to announce that it has received two RNASA Stellar Award nominations: Early Career - Jonathan Anthony and in the Teams category: the Paragon Habitat and Logistics Outpost (HALO) Environmental Control and Life Support System (ECLSS) Team.
  • The Stellar Awards are intended to recognize outstanding individuals and teams whose recent accomplishments hold great promise for furthering our future successes in space.
  • "These nominations recognize their hard work and dedication to make manned missions back to the Moon and beyond a reality."
  • Paragon has been a trusted leader in supporting mission critical operations for space, military, and commercial customers around the world for over 31 years.

Catalyst Welcomes Northrop Grumman CEO Kathy Warden as New Board Chair

Retrieved on: 
Donnerstag, April 18, 2024
BK, Woman, General Electric, Aerospace Industries Association, Operational excellence, Grumman, Merck & Co., Chairperson, Central Waqf Council, Workplace, History, SAIC, Northrop Grumman, General Dynamics, Merck, Greater Washington Partnership, Accenture, Disability, Chair, Management

NEW YORK, April 18, 2024 /PRNewswire/ -- Catalyst, a global nonprofit promoting gender equity and workplace inclusion, has named Kathy Warden, CEO of Northrop Grumman Corporation, Chair of its Board. She succeeds Accenture CEO Julie Sweet and is the fourth woman to chair the Board.  

Key Points: 
  • Three New Members from Deloitte, SAIC and Genpact Also Join the Catalyst Board
    NEW YORK, April 18, 2024 /PRNewswire/ -- Catalyst , a global nonprofit promoting gender equity and workplace inclusion, has named Kathy Warden, CEO of Northrop Grumman Corporation, Chair of its Board.
  • "Stepping into this important role and building on Catalyst's more than 60-year history of strengthening gender equity in the workplace is truly a privilege," said Kathy Warden, Chair, CEO and President, Northrop Grumman.
  • Warden, who has served on the Catalyst Board for five years, was elected Chair effective April 1.
  • She became Chair, CEO and President of Northrop Grumman in 2019 after more than a decade at the company.

EQS-News: Volume Production Begins for Mynaric’s Flagship Space Laser Terminal – CONDOR Mk3

Retrieved on: 
Mittwoch, April 10, 2024
European Space Agency, Communication, ESA, Northrop Grumman, SDA, NeXT, FRA, Australian Space Agency, Grumman, Loft, Government

MUNICH, April 3, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company’s flagship free space optical communications terminal for space-to-space and space-to-ground applications - the CONDOR Mk3.

Key Points: 
  • MUNICH, April 3, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced a milestone in the product maturity of the company’s flagship free space optical communications terminal for space-to-space and space-to-ground applications - the CONDOR Mk3.
  • Volume production for the optical communications terminal began early in the first quarter of 2024 with an initial shipment made last week following customer approval.
  • Mynaric was also selected by Loft Federal to supply the CONDOR Mk3 terminals to NExT – the SDA’s Experimental Testbed.
  • This is just the beginning of reaching our full production capacity for the CONDOR Mk3 and future products.”
    In addition to volume production of the CONDOR Mk3 optical communications system, Mynaric continues to pursue opportunities that explore the use of free space optical communications for additional space programs.

Follow the Money in Defense Stocks - The Sky's the Limit

Retrieved on: 
Mittwoch, März 27, 2024
Research, Raytheon Technologies, MOU, Partnership, LMT, MMDS, Electronics, IBCS, GlobalData, News, Marketing, United States Army, Lockheed Martin, Atmosphere, Grumman, PCM, Fire, Northrop Grumman, Atmosphere of Earth, KULR, RTX, USD, Army, Arms industry

This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.

Key Points: 
  • This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems.
  • With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors including defense, aerospace and beyond.
  • Raytheon, an RTX business, was recently awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems.
  • (NYSE American: KULR), the defense industry represents an opportunity to capitalize on their innovative energy efficiency technology solutions and the sky is the limit.