Defense Logistics Agency

Godspeed Capital and Special Aerospace Services (“SAS”) Announce Partnership Establishing a New Space, Hypersonics, and Missile Defense Technology and Solutions Platform

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水曜日, 4月 17, 2024
Defense, Other Defense, Finance, Asset Management, Engineering, Professional Services, Aerospace, Manufacturing, CFO, Intelligence, Missile Defense Agency, Discovery Air, Defense Logistics Agency, NASA, ULA, Sierra Nevada Corporation, Communication, Partnership, Entrepreneurship, SAS, SAIC, Government, Northrop Grumman, Multimedia, Blue Origin, Scandinavian Airlines, Godspeed, Female, Growth, Latham & Watkins

Godspeed Capital Management LP (“Godspeed”), a lower middle market Defense & Government services, solutions, and technology focused private equity firm, today announced a partnership with Special Aerospace Services (“SAS”) to form a high-end space engineering, defense, and communications technology solutions platform designed to serve the critical needs of U.S. Defense & Intelligence Agencies, as well as commercial space customers.

Key Points: 
  • Godspeed Capital Management LP (“Godspeed”), a lower middle market Defense & Government services, solutions, and technology focused private equity firm, today announced a partnership with Special Aerospace Services (“SAS”) to form a high-end space engineering, defense, and communications technology solutions platform designed to serve the critical needs of U.S. Defense & Intelligence Agencies, as well as commercial space customers.
  • Bulk will be joined by veteran CFO Warren Kohm, who brings over two decades of financial leadership experience in rapid growth-oriented defense and intelligence technology and related commercial markets.
  • “Godspeed has significant expertise building and scaling technology solutions-focused platforms serving commercial as well as Intelligence and Defense customers.
  • “Together in partnership with Heather and the Godspeed team, I look forward to helping the platform grow and scale as a true leader in the Space and Missile Defense market sectors.”
    SAS was advised by Cascadia Capital and Godspeed Capital was advised by Latham & Watkins LLP.

Credence President and CEO Recognized with Federal 100 Award

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水曜日, 4月 17, 2024
ACT, Air force, Army, Washington Technology, Unisys, Defense Logistics Agency, Veterans' affairs, Health, American City Business Journals, Human services, Children's National Hospital, Gaur, The Washington Post, Mission, Intelligence, Medicine, PwC, The, International development, ACT-IAC, Pentagon, Growth, Pharmaceutical industry

VIENNA, Va., April 17, 2024 /PRNewswire/ -- Credence is proud to share that our President and CEO, Prashant Gaur, has been named to the Federal 100, which recognizes excellence in federal IT.

Key Points: 
  • VIENNA, Va., April 17, 2024 /PRNewswire/ -- Credence is proud to share that our President and CEO, Prashant Gaur, has been named to the Federal 100, which recognizes excellence in federal IT.
  • Credence President and CEO Prashant Gaur has been named to the Federal 100, which recognizes excellence in federal IT.
  • Prior to Credence, Gaur had the honor to serve as a senior executive at the Pentagon and as president of ACT-IAC.
  • "And we are especially honored to work with our wonderful teammates at Credence – to whom this award really belongs."

Laser Photonics Corporation Enters Distribution Agreement With Incredible Supply & Logistics for Its Military & Industrial Laser Solutions

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木曜日, 3月 21, 2024
Automotive, Textiles, Steel, Packaging, Utilities, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Energy, Manufacturing, Logistics, Supply Chain Management, VoIP, Public Transport, Contracts, Satellite, Small Business, Trucking, Rail, General Health, Maritime, Defense, Air, Transport, Telecommunications, General Automotive, Health, Commercial Building & Real Estate, Construction & Property, Technology, Building Systems, Professional Services, Government, ISL, LPC, Partnership, MRO, Industrial Distribution, Coast guard, Missile Defense Agency, Defense Logistics Agency, Navy, Army, 3D printing

Laser Photonics Corporation (NASDAQ: LASE) ( LPC ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal government customers and defense contractors as well as serving the maritime & space communities.

Key Points: 
  • Laser Photonics Corporation (NASDAQ: LASE) ( LPC ), a leading global developer of industrial laser systems for laser cleaning and other material processing applications announced today that it has entered into a distribution agreement with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting, and third-party logistics (3PL) company specializing in supporting federal government customers and defense contractors as well as serving the maritime & space communities.
  • “This partnership will increase our customer base and expand our distributor network while equipping an industry-leading supplier with the cutting-edge industrial laser solutions that Government and Defense clients have been demanding,” said Wayne Tupuola, CEO of Laser Photonics.
  • Laser Photonics joined with ISL in mid-February 2024.
  • As part of this vendor agreement, the initial products that will be offered through ISL will include:

Air Force Research Laboratory Leverages SparkCognition Government Systems' AI Solutions to Optimize Supply Chain

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木曜日, 3月 21, 2024
Innovation, NDS, Digital, Partnership, DLA, Artificial intelligence, SGS, LLM, The, Air force, Defense Logistics Agency, Government

The contract expands SGS' partnership with the United States Air Force to deploy AI-powered solutions, in collaboration with Boeing.

Key Points: 
  • The contract expands SGS' partnership with the United States Air Force to deploy AI-powered solutions, in collaboration with Boeing.
  • This aims to strengthen the Air Force's supply chain health and create mitigation strategies for operational risks related to our National Defense Strategy (NDS).
  • As a result of using SGS technology, the Air Force will look to increase warfighting readiness, reduce expense, and enhance industrial-base resilience.
  • "With SGS' AI-enabled solutions, actionable insights are generated to help the Air Force quickly identify and fix supply chain vulnerabilities and strengthen our national security posture."

C3 AI Announces Second Quarter Fiscal 2024 Financial Results

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水曜日, 12月 6, 2023
Software, Technology, Artificial Intelligence, Cloud, Constellation, Acquisition, Defense Logistics Agency, Investment, ACF, Research, DLA, GSK, Growth, Administration, Consolidated Edison, Customer engagement, Navy, Traction, United States Intelligence Community, Goldman Sachs, Army, Nucor, Software as a service, Forecasting, AI, Enterprise, SCA, Transport, Machine learning, Artificial intelligence, Data analysis, Defense, GAAP, Microsoft, Intelligence, Air force, NYSE, Hewlett Packard Enterprise, Aircraft, Human services, Roche, FBBank, Google Cloud, Legal case management, AWS, Video game, Bank, Medical device, Child, Health

C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal second quarter ended October 31, 2023.

Key Points: 
  • C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal second quarter ended October 31, 2023.
  • C3 AI closed 20 new agreements for C3 Generative AI in the second quarter.
  • C3 AI has announced a no-code, self-service generative AI application in AWS Marketplace, C3 Generative AI: AWS Marketplace Edition , allowing users of all technical levels to begin using generative AI in minutes in their enterprise.
  • The following table summarizes C3 AI’s guidance for the third quarter of fiscal 2024 and full-year fiscal 2024:

Cyberlux Corporation (OTC: CYBL) Releases Third Quarter 2023 Financial and Operational Results; Announces Transformative Actions to Refocus the Company on the Defense Technology Sector

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火曜日, 11月 21, 2023
Contracts, Defense, Other Defense, Aircraft, Acquisition, Operation Sky Monitor, Defense Logistics Agency, Corporation, ADS, Telecommunications, Growth, Government agency, Government, Safariland, Agreement, SDR, ISR, Partnership, OTC, Aircraft systems, Advanced Intelligent Tape, FBD, USSOCOM, Hardware, JITC, USAI, SAS, UAS, OTC Markets Group, Security, Communication, Publishing, HF, MCT, CYBL, CE, MB, Software, VHF, Human, Dedicated short-range communications, Cryptocurrency, Satellite navigation device, Cassette tape, United States Army, Perception, Reconnaissance

Our operating period ended September 30, 2023, has set the stage for the Company to capitalize on remarkable opportunities across the global Defense Technology markets.

Key Points: 
  • Our operating period ended September 30, 2023, has set the stage for the Company to capitalize on remarkable opportunities across the global Defense Technology markets.
  • Our work to remove the CE designation continues, but the Company is driving breakthrough results regardless of these temporary obstacles.
  • As the Company develops advanced technology products, we will identify core technology and product companies, and these companies will become the Cyberlux growth catalysts.
  • As the results show, Cyberlux is building a global enterprise and developing into a leading technology growth company.

Electrosoft Awarded a CTA Contract from DLA for DAAS Digital Business Transformation

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月曜日, 12月 11, 2023
DAAS, Acquisition, Defense Logistics Agency, KPMG, LLP, DBX, DLA, Defense, KPMG LLP, CTA, Architecture, Risk management

RESTON, Va., Dec. 11, 2023 /PRNewswire/ -- Electrosoft Services, Inc., a rapidly growing federal cybersecurity and IT solutions firm, announced today the Defense Logistics Agency (DLA) has awarded the company a contract to support the digital business transformation (DBX) of the agency's Defense Automatic Addressing System (DAAS) program. Under a Contractor Team Arrangement (CTA), KPMG LLP and Electrosoft will provide DBX support services to support DAAS solution development, modernization and enhancements aligned with the agency's mission, goals and objectives.

Key Points: 
  • RESTON, Va., Dec. 11, 2023 /PRNewswire/ -- Electrosoft Services, Inc. , a rapidly growing federal cybersecurity and IT solutions firm, announced today the Defense Logistics Agency (DLA) has awarded the company a contract to support the digital business transformation (DBX) of the agency's Defense Automatic Addressing System (DAAS) program.
  • Under a Contractor Team Arrangement (CTA), KPMG LLP and Electrosoft will provide DBX support services to support DAAS solution development, modernization and enhancements aligned with the agency's mission, goals and objectives.
  • "We are proud to leverage our deep understanding of the DoD and DLA's business systems and acquisition lifecycle to support the modernization of DAAS and optimization of the agency's operational mission delivery."
  • Electrosoft, in concert with KPMG LLP, will provide strategy and roadmap development support, analysis of alternatives and solutions architecture.

DLA Awards Electrosoft a CTA Contract for G-Invoicing Integration Services

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水曜日, 12月 6, 2023
IGT, Defense Logistics Agency, KPMG, LLP, Risk, DLA, Defense, Treasury, KPMG LLP, CTA

RESTON, Va., Dec. 6, 2023 /PRNewswire/ -- Electrosoft Services, Inc., a rapidly growing federal cybersecurity and IT solutions firm, announced today the company has been awarded a contract from the Defense Logistics Agency (DLA) to support the agency's adoption of the U.S. Treasury G-Invoicing system. Under a Contractor Team Arrangement (CTA), KPMG LLP teamed with Electrosoft to provide DLA J62 with services to help define and implement the complex G-Invoicing requirements for managing intragovernmental (IGT) buy/sell transactions. The prime contract includes a one-year base period of performance plus one-and-a-half option years.

Key Points: 
  • Under a Contractor Team Arrangement (CTA), KPMG LLP teamed with Electrosoft to provide DLA J62 with services to help define and implement the complex G-Invoicing requirements for managing intragovernmental (IGT) buy/sell transactions.
  • "In service of their mission to support both our national defense and worldwide humanitarian efforts, DLA manages over $15B of DLA IGT transactions annually," said Dr. Sarbari Gupta , Electrosoft CEO.
  • "We are honored to support DLA in automating their G-Invoicing processes and controls to minimize manual workload and risk."
  • Electrosoft will provide business analysts, scrum masters, cyber analysts and other specialists to support solution definition and implementation.

RTX's Pratt & Whitney receives sustainment contract valued up to $870 million for TF33 engines powering B-52s, E-3s

Retrieved on: 
水曜日, 11月 15, 2023
Pratt & Whitney, TF33, NYSE, Defense Logistics Agency, Pratt & Whitney JT3D, Defense, Partnership, Boeing, Aircraft, United States Air Force, Boeing B-52 Stratofortress, Boeing E-3 Sentry, Jet fuel

EAST HARTFORD, Conn., Nov. 15, 2023 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency. The TF33 engine powers a range of aircraft, including Boeing's B-52 Stratofortress and E-3 Sentry.

Key Points: 
  • EAST HARTFORD, Conn., Nov. 15, 2023 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency.
  • The TF33 engine powers a range of aircraft, including Boeing's B-52 Stratofortress and E-3 Sentry.
  • "An engine's sustainment phase is a critical but often underappreciated portion of military readiness," said Jill Albertelli, president of Military Engines at Pratt & Whitney.
  • Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years.

Jim Scanlon Named President of Radiance Technologies, Inc.

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水曜日, 10月 25, 2023
Defense Systems, Small business, Defense Logistics Agency, Strategic planning, United States Marine Corps, Research, United States Department of the Air Force, SAIC, United States Department of the Army, Electrical engineering, Kennesaw State University, Business administration, Professional Football Compensation Committee, Master of Business Administration, Virginia Military Institute, Defense, Audit, Project engineering, Management, Shenandoah Valley, Science, United States Navy, Leidos, Radiance

HUNTSVILLE, Ala., Oct. 25, 2023 /PRNewswire/ -- Radiance Technologies, Inc. (Radiance) is excited to announce the appointment of Mr. Jim Scanlon to President of the company.

Key Points: 
  • HUNTSVILLE, Ala., Oct. 25, 2023 /PRNewswire/ -- Radiance Technologies, Inc. (Radiance) is excited to announce the appointment of Mr. Jim Scanlon to President of the company.
  • Mr. Scanlon has served on the Radiance Board of Directors for the past three years and will continue that service in addition to this appointment.
  • In 2021, Mr. Scanlon retired from SAIC after a 32-year career where he departed as the second in command, Executive VP, General Manager Defense Systems.
  • Radiance CEO Bill Bailey says of Scanlon, "Jim brought significant business experience and acumen to our Board in 2021, and I am excited to have him spearheading our Leadership team.