United States Coast Guard

#GivingTuesday: Military Aid Societies Ready for Round 2

Retrieved on: 
Lunedì, Novembre 20, 2023

WASHINGTON, Nov. 20, 2023 /PRNewswire-PRWeb/ -- On November 28th, the combined forces of Navy-Marine Corps Relief Society (NMCRS), Air Force Aid Society (AFAS), Army Emergency Relief (AER), and Coast Guard Mutual Assistance (CGMA) have announced their intent to engage in the #Battle4BraggingRights for the second consecutive year on #GivingTuesday. The mission remains the same: secure essential funds to provide service members and their families with vital emergency relief, financial support and educational resources.

Key Points: 
  • Military Aid Societies are poised to embark on their second annual fundraising battle, setting the stage for the #Battle4BraggingRights, where they will vie for supremacy in contributions.
  • Supporters are encouraged to visit Battle4BraggingRights.com , where they can allocate their contributions to one of the four Military Aid Societies.
  • This substantial matching pledge guarantees that donations to these transformative Military Aid Societies will yield double the impact for military members, veterans and their families.
  • To make a donation, and have it doubled for your favorite Military Aid Society, be sure to visit Battle4BraggingRights.com this #GivingTuesday on November 28th, 2023.

Command and Control Systems Market size to increase by USD 4.02 billion during 2023-2028; Growing use of command and control systems in civil applications to drive growth - Technavio

Retrieved on: 
Giovedì, Novembre 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The command and control systems market size is expected to grow by USD 4.02 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The command and control systems market size is expected to grow by USD 4.02 billion between 2023 and 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a Free PDF Sample
    The growing use of command and control systems in civil applications drives the command and control systems market.
  • The Automotive Touch Screen Control Systems Market Size is estimated to grow at a CAGR of 5.46% between 2022 and 2027.

Fate of Millions of Veterans' Educational Benefits Lies With Supreme Court

Retrieved on: 
Mercoledì, Novembre 8, 2023

WASHINGTON, Nov. 8, 2023 /PRNewswire/ -- The nation's highest court will now decide whether millions of veterans are eligible to receive expanded educational benefits as oral arguments in Rudisill v. McDonough concluded today. The case was brought by FBI Special Agent James R. Rudisill, a decorated U.S. Army veteran, against the Secretary of Veterans Affairs (VA) and seeks to resolve how many months of educational benefits a veteran is entitled to under two different GI Bills.

Key Points: 
  • WASHINGTON, Nov. 8, 2023 /PRNewswire/ -- The nation's highest court will now decide whether millions of veterans are eligible to receive expanded educational benefits as oral arguments in Rudisill v. McDonough concluded today.
  • Eight years ago, Timothy McHugh , of Troutman Pepper, and David DePippo , of Dominion Energy, began representing Mr. Rudisill pro bono.
  • Now before the U.S. Supreme Court, Troutman Pepper attorneys Misha Tseytlin , Kevin LeRoy , Abbey Thornhill , Trey Smith , Sean Dutton , and Carson Cox , among others, joined the team to support Mr. Rudisill's, and many other veterans' cause.
  • "I am grateful to my pro bono legal team who has been by my side every step of the way."

Fairbanks Morse Defense Expands Product Portfolio With American Fan Acquisition

Retrieved on: 
Lunedì, Ottobre 30, 2023

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan , a leader in axial and centrifugal fan technology .

Key Points: 
  • Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan , a leader in axial and centrifugal fan technology .
  • “Now more than ever, Fairbanks Morse Defense remains committed to expanding our growing array of OEM equipment to ensure that our fleet is always mission-ready,” said George Whittier, FMD CEO.
  • They are utilized in a broad range of onboard air-moving applications , from compartment ventilation to gas turbine air supply .
  • “American Fan and Fairbanks Morse Defense customers rely on us to deliver quality, speed, and expertise, and we have a shared commitment to exceeding these expectations for every customer engagement,” said American Fan General Manager Paul Brown.

Chart Industries Divests American Fan to Fairbanks Morse Defense

Retrieved on: 
Venerdì, Ottobre 27, 2023

ATLANTA, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced that it simultaneously signed and closed on the divestiture of its American Fan business to Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, for an all-cash purchase price of $111 million yesterday.

Key Points: 
  • ATLANTA, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced that it simultaneously signed and closed on the divestiture of its American Fan business to Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, for an all-cash purchase price of $111 million yesterday.
  • The purchase price represents multiples in line with prior Chart transactions.
  • American Fan designs, manufactures, and services high-performance axial and centrifugal fans for enduring U.S. Navy, Military Sealift Command, and U.S. Coast Guard platforms and specialty industrial applications.
  • All employees of American Fan will be offered the opportunity to continue employment with FMD.

HII is Awarded $244 Million Contract to Integrate Minotaur Software Products into Maritime Platforms

Retrieved on: 
Martedì, Ottobre 17, 2023

MCLEAN, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $244 million task order to integrate Minotaur software products into maritime platforms for the U.S. Navy, U.S. Marine Corps and U.S. Coast Guard.

Key Points: 
  • MCLEAN, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $244 million task order to integrate Minotaur software products into maritime platforms for the U.S. Navy, U.S. Marine Corps and U.S. Coast Guard.
  • HII was awarded this contract under the Department of Defense (DoD) Information Analysis Center’s (IAC) multiple-award contract (MAC) vehicle.
  • Under the Naval Air Systems Command task order, HII will perform research, development, test and evaluation to facilitate the integration of Minotaur Family of Services products into the services’ maritime platforms to meet intelligence, surveillance and reconnaissance warfighting requirements.
  • HII has been the first and only industry prime developer of Minotaur since the program was first awarded to industry in 2020.

Ditch the Snow for Sun and Sea: Use Boatsetter to Create New Holiday Traditions

Retrieved on: 
Giovedì, Ottobre 12, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231012874721/en/
    Ditch the Snow for Sun and Sea: Use Boatsetter to Create New Holiday Traditions (Photo: Business Wire)
    With more than 50,000 boats in over 700 global locations, Boatsetter makes getting on the water as easy as calling a rideshare.
  • “The holiday season is about spending quality time with loved ones, and what better way to do that than on a boat?” said Michael Farb, Boatsetter CEO.
  • Spend the day reeling in your first catch, then later enjoy one of the Florida Keys’ infamous sunsets.
  • Escape to a private beach of your choosing on board a luxury yacht complete with crew.

First Canadian-Led High Seas Mission to Fight Illegal Fishing in the North Pacific Finds over 3000 Shark Fins

Retrieved on: 
Giovedì, Ottobre 12, 2023

The mission, known as Operation North Pacific Guard, is an annual, multi-national effort to coordinate fisheries enforcement to protect global fish stocks.

Key Points: 
  • The mission, known as Operation North Pacific Guard, is an annual, multi-national effort to coordinate fisheries enforcement to protect global fish stocks.
  • The goal of the mission was to find illegal high seas driftnets, illegal fishing activity, and inspect fishing vessels under international law to ensure compliance with fisheries regulations.
  • Canada also conducted air surveillance (based out of Japan) in support of Operation North Pacific Guard.
  • This year's operation included a total of 15 Pacific Region Fishery Officers who participated in high seas boarding and inspections over two phases.

The Cyber Guild Celebrates the 'Who's Who' of Cybersecurity at Annual VIP Awards Reception

Retrieved on: 
Giovedì, Ottobre 5, 2023

Each year, The Cyber Guild recognizes individuals who emulate the purpose of organization by helping to advance cybersecurity as part of the "fabric of everyday living".

Key Points: 
  • Each year, The Cyber Guild recognizes individuals who emulate the purpose of organization by helping to advance cybersecurity as part of the "fabric of everyday living".
  • Debbie Sallis, founding Executive Director of The Cyber Guild shares, "The Recognition Awards are truly peer recognition for those considered the "Who's Who" in cybersecurity.
  • Presented by Simone Petrella, CEO NK2 and Cyber Guild Luminary and Mark Montgomery, Executive Director of Cyber Solarium Commission.org, and Cyber Guild Luminary.
  • Presented by Michael Dent, CISO, Fairfax County Government, and Tatyana Bolton, Security Policy Manager, Google, and Cyber Guild Luminary.

New Heritage Capital Welcomes Greg Katz as Vice President of Business Development

Retrieved on: 
Martedì, Ottobre 3, 2023

New Heritage Capital, a leading private equity firm specializing in investing alongside middle-market founder-owned businesses, is pleased to announce the appointment of Greg Katz as Vice President of Business Development.

Key Points: 
  • New Heritage Capital, a leading private equity firm specializing in investing alongside middle-market founder-owned businesses, is pleased to announce the appointment of Greg Katz as Vice President of Business Development.
  • His proven track record in building successful business relationships and driving revenue growth makes him a valuable addition to the firm.
  • "We are thrilled to welcome Greg to our team," said Mark Jrolf, Senior Managing Partner of New Heritage Capital.
  • Prior to joining New Heritage Capital, Mr. Katz was the Director of Business Development at FreightFlows, a data science company that helps companies track and analyze vessel behavior and market performance.