LVC

ZEISS Sets Stage for Future of Ophthalmic Surgery and 3D Visualization at ASCRS 2024

Retrieved on: 
Thursday, March 28, 2024

Product News: ZEISS announces enhanced visualization capabilities with the new ZEISS ARTEVO 850 3D heads-up ophthalmic microscope.

Key Points: 
  • Product News: ZEISS announces enhanced visualization capabilities with the new ZEISS ARTEVO 850 3D heads-up ophthalmic microscope.
  • Spatial Computing Innovation: ZEISS will demonstrate a digital application for experiencing 3D videos and more on the Apple Vision Pro.
  • ZEISS is extending its workflow offerings with new surgical and visualization technologies at ASCRS.
  • At ASCRS, surgeons are invited to join the ZEISS SMILE Speed Competition in lenticule extraction with the new ZEISS VISUMAX 800.

ZEISS Sets Stage for Future of Ophthalmic Surgery and 3D Visualization at ASCRS 2024

Retrieved on: 
Thursday, March 28, 2024

Product News: ZEISS announces enhanced visualization capabilities with the new ZEISS ARTEVO 850 3D heads-up ophthalmic microscope.

Key Points: 
  • Product News: ZEISS announces enhanced visualization capabilities with the new ZEISS ARTEVO 850 3D heads-up ophthalmic microscope.
  • Spatial Computing Innovation: ZEISS will demonstrate a digital application for experiencing 3D videos and more on the Apple Vision Pro.
  • ZEISS is extending its workflow offerings with new surgical and visualization technologies at ASCRS.
  • At ASCRS, surgeons are invited to join the ZEISS SMILE Speed Competition in lenticule extraction with the new ZEISS VISUMAX 800.

HII Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 1, 2024

Mission Technologies revenues for the fourth quarter of 2023 were $745 million, an increase of $143 million from the same period in 2022.

Key Points: 
  • Mission Technologies revenues for the fourth quarter of 2023 were $745 million, an increase of $143 million from the same period in 2022.
  • Mission Technologies segment operating income1 in the fourth quarter of 2023 was $51 million, compared to $15 million in the fourth quarter of 2022.
  • Segment operating margin1 for the fourth quarter of 2023 was 6.8%, compared to 2.5% in the same period the prior year.
  • Mission Technologies results included approximately $109 million of amortization of purchased intangible assets in 2023, compared to approximately $120 million in 2022.

HII Awarded $197 Million Contract to Support Joint Force Readiness

Retrieved on: 
Friday, January 19, 2024

MCLEAN, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $197 million recompete task order contract to conduct research and development for the Joint Training Synthetic Environment (JTSE), which blends live and virtual training into a single synthetic environment that enables joint force readiness.

Key Points: 
  • MCLEAN, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $197 million recompete task order contract to conduct research and development for the Joint Training Synthetic Environment (JTSE), which blends live and virtual training into a single synthetic environment that enables joint force readiness.
  • Administered by the Joint Staff J7, Deputy Director of Joint Training, HII will develop, maintain, support and provide joint training in a synthetic environment across combatant commands, military service branches, federal agencies, academia, industry and multi-national partners.
  • HII’s support to the joint staff is an extension of work performed under two previous contracts awarded in August 2020 and March 2018, respectively.
  • HII supports both the U.S. Navy and U.S. Air Force in LVC training.

Traco Manufacturing, a LongueVue Capital Portfolio Company, Announces Appointment of a New Chief Executive Officer

Retrieved on: 
Wednesday, January 17, 2024

NEW ORLEANS, Jan. 17, 2024 /PRNewswire/ -- Traco Manufacturing, which includes Traco Packaging and Packaging Utah (together "Traco"), a LongueVue Capital ("LVC") portfolio company and specialty provider of business-to-business packaging solutions, is pleased to announce the appointment of Rob LeBaron as the company's Chief Executive Officer.

Key Points: 
  • NEW ORLEANS, Jan. 17, 2024 /PRNewswire/ -- Traco Manufacturing, which includes Traco Packaging and Packaging Utah (together "Traco"), a LongueVue Capital ("LVC") portfolio company and specialty provider of business-to-business packaging solutions, is pleased to announce the appointment of Rob LeBaron as the company's Chief Executive Officer.
  • Traco manufactures custom flexible packaging products and distributes packaging supplies to a wide variety of end-markets, including food & beverage, nutraceuticals, cosmetics and personal care, and pet care.
  • Traco leverages decades of experience in the specialty packaging industry to deliver innovative packaging solutions supported by superior, high-touch customer service.
  • Traco operates across two facilities totaling approximately 98,500 square feet of manufacturing, warehousing, and office space.

Scientific Systems Conducts Live Fully Autonomous Multi-Vehicle Defensive Counter Air Missions

Retrieved on: 
Tuesday, January 16, 2024

WOBURN, Mass., Jan. 16, 2024 /PRNewswire/ -- Scientific Systems Company, Inc. (SSCI) successfully flew multiple flight tests of its Collaborative Mission Autonomy (CMA) software running on a live General Atomics Aeronautical Systems, Inc. (GA-ASI) MQ-20 Avenger® Unmanned Combat Air Vehicle. In these November 2023 flight tests, CMA software commanded a mixed team of Live, Virtual, and Constructive (LVC) MQ-20 platforms to execute a fully autonomous multi-vehicle Defensive Counter Air mission.

Key Points: 
  • In these November 2023 flight tests, CMA software commanded a mixed team of Live, Virtual, and Constructive (LVC) MQ-20 platforms to execute a fully autonomous multi-vehicle Defensive Counter Air mission.
  • Scientific Systems' software was embedded onboard all the live, virtual, and constructive MQ-20 platforms, successfully managing the autonomous mission at the edge to compensate for communication and coordination challenges.
  • Scientific Systems' algorithms use operator pre-mission inputs to generate tailored, coordinated flight behaviors that address mission objectives by optimizing aircraft positioning, engagement parameters, and defensive maneuvers.
  • Earlier Scientific Systems test flight programs have successfully demonstrated a variety of air-to-ground, and ground support missions.

Valiant Awarded $118.5M Contract to Provide Simulator and Academic Instructor Pilots to Pacific Air Forces

Retrieved on: 
Thursday, January 11, 2024

HERNDON, Va., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Valiant announced today that it has been awarded a $118.5M contract by the U.S. Air Force (USAF) to provide Simulator and Academic Instructor Pilots (SIM-IPs) to the Pacific Air Forces (PACAF), reaffirming Valiant’s commitment to enhancing USAF mission-readiness.

Key Points: 
  • HERNDON, Va., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Valiant announced today that it has been awarded a $118.5M contract by the U.S. Air Force (USAF) to provide Simulator and Academic Instructor Pilots (SIM-IPs) to the Pacific Air Forces (PACAF), reaffirming Valiant’s commitment to enhancing USAF mission-readiness.
  • Under the contract, Valiant will deploy skilled Contract Instructor Pilots (CIPs) to develop mission-ready aircrews at six PACAF locations: Kadena Air Base, Okinawa, Japan; Misawa Air Base, Japan; Kunsan Air Base, South Korea; Osan Air Base, South Korea; Joint Base Elmendorf–Richardson, Alaska; and Joint Base Pearl Harbor-Hickam, Hawaii.
  • These CIPs will provide instruction on various aircraft platforms, including the F-15C, E-3 AWACS, F-16, A-10C, and F-22A.
  • "We are honored to have been selected by the USAF to advance mission readiness for the Pacific Air Forces,” said Dan Corbett, Chief Executive Officer at Valiant.

V2X wins $190M U.S. Army Contract to Enhance Warfighter Readiness in Middle East Operations

Retrieved on: 
Thursday, January 4, 2024

MCLEAN, Va., Jan. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) was awarded a $190 million contract from the U.S. Army as part of the United States Army Central Command (USARCENT) Training and Range Operations Maintenance Services Contract (ATROMS).

Key Points: 
  • MCLEAN, Va., Jan. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) was awarded a $190 million contract from the U.S. Army as part of the United States Army Central Command (USARCENT) Training and Range Operations Maintenance Services Contract (ATROMS).
  • V2X will provide training support services as well as instruction, operation, and maintenance of Training Aids, Devices, Simulators and Simulations (TADSS).
  • These services are crucial in expanding the USARCENT ability to not only maintain but enhance warfighter readiness.
  • "With this significant contract award, V2X reaffirms its commitment to bolstering the U.S. Army's training and operational capabilities in dynamic environments," said Chuck Prow, President and Chief Executive Officer at V2X.

PROJECT ODYSSEY TO FORM BACKBONE OF NEW MILITARY TRAINING COLLABORATION

Retrieved on: 
Monday, November 27, 2023

ORLANDO, Fla., Nov. 27, 2023 /PRNewswire/ -- BAE Systems, PLEXSYS and Red 6 have agreed to explore the integration of Red 6's augmented reality headset technology and immersive simulation from PLEXSYS into BAE Systems' single synthetic training environment.

Key Points: 
  • Three companies with world-leading military training expertise have announced that they are working together to combine their unrivalled technology and experience to revolutionize training for the military forces of the future.
  • They will use BAE Systems' Project OdySSEy , combined with Red 6's Advanced Tactical Augmented Reality System (ATARS) and the Advanced Simulation Combat Operations Trainer (ASCOT) from PLEXSYS.
  • "The integration of our ASCOT technology into Project OdySSEy represents a leap forward in training realism and effectiveness.
  • This synergy will provide unparalleled training solutions, preparing military forces for the complexities of the future battlespace with an unprecedented level of immersion and interactivity.

MAK Technologies Showcases MAK ONE Suite of Simulation Software and Training Solutions at I/ITSEC 2023

Retrieved on: 
Monday, November 20, 2023

CAMBRIDGE, Mass., Nov. 20, 2023 /PRNewswire-PRWeb/ -- MAK Technologies (MAK), a company of ST Engineering North America, will showcase its MAK ONE suite of simulation software at the upcoming Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) 2023 in Orlando, Florida. MAK will demonstrate its MAK ONE whole-world synthetic environment for modeling, simulation, and training across all domains, including multi-domain operations. It will also present training solutions developed using MAK ONE, as well as its latest innovation, Intelligent Avatars – life-sized virtual human avatars that can interact with people using natural language.

Key Points: 
  • MAK Technologies will showcase its MAK ONE suite of simulation software at the upcoming Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) 2023 in Orlando, Florida in booth #1420.
  • CAMBRIDGE, Mass., Nov. 20, 2023 /PRNewswire-PRWeb/ -- MAK Technologies (MAK), a company of ST Engineering North America, will showcase its MAK ONE suite of simulation software at the upcoming Interservice/Industry Training, Simulation and Education Conference (I/ITSEC) 2023 in Orlando, Florida.
  • MAK will demonstrate its MAK ONE whole-world synthetic environment for modeling, simulation, and training across all domains, including multi-domain operations.
  • MAK Training Solutions are tailored, ready-to-use training systems built on MAK ONE to fulfil customer-defined training and experimentation requirements.