Atmosphere of Earth

Atlas Air Worldwide Orders Two New Boeing 777 Freighters

Retrieved on: 
Tuesday, November 28, 2023

PURCHASE, N.Y., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Inc. (“Atlas” or the “Company”), today announced it has ordered two new Boeing 777 Freighters driven by ongoing strong customer demand for dedicated large widebody airfreight capacity, particularly for cross border e-Commerce shipping.

Key Points: 
  • PURCHASE, N.Y., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Inc. (“Atlas” or the “Company”), today announced it has ordered two new Boeing 777 Freighters driven by ongoing strong customer demand for dedicated large widebody airfreight capacity, particularly for cross border e-Commerce shipping.
  • The two new 777 Freighters, which were booked earlier this quarter, are expected to be delivered in the second half of 2024.
  • We have a deep pipeline of prospective customers interested in these 777 Freighters, and we’re confident in our ability to place them under long-term agreements,” said Michael Steen, Chief Executive Officer, Atlas Air Worldwide.
  • “The best-selling 777 Freighter is one of the most capable twin-engine freighters flying, and provides Atlas with the capacity, fuel efficiency and operational flexibility to move cargo and goods for its customers.”

Kratos Supports Successful US Navy and MDA Intercept Test Against Multiple Ballistic Missile and Anti-Ship Cruise Missile Targets

Retrieved on: 
Monday, November 27, 2023

The successful test demonstrated the capability of a ballistic missile defense-configured Aegis ship to detect, track, engage and execute intercepts of two SRBM targets while concurrently demonstrating an Anti-Air Warfare (AAW) engagement of two subsonic anti-ship cruise missile drone targets.

Key Points: 
  • The successful test demonstrated the capability of a ballistic missile defense-configured Aegis ship to detect, track, engage and execute intercepts of two SRBM targets while concurrently demonstrating an Anti-Air Warfare (AAW) engagement of two subsonic anti-ship cruise missile drone targets.
  • Both ARAV target systems, which have a long-standing, successful, flight-demonstrated heritage on test and intercept missions for the U.S. Navy and MDA, executed nominal trajectories while meeting target requirements.
  • FTM-48, which was one of our largest recent mission campaigns, is just the latest example of this successful partnership,” said Dave Carter, President of Kratos Rocket Systems Division.
  • Kratos is a leading provider of products, solutions, and services supporting ballistic missile defense for Aegis Weapon System, hypersonic testing, atmospheric science research and technology maturation.

HII Secures Air Force Contract to Enhance Information-Sharing Within Intelligence Alliance

Retrieved on: 
Tuesday, November 21, 2023

MCLEAN, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a three-year task order under the Analytical and Technical Services contract to provide information-sharing capabilities to the Five Eyes intelligence alliance comprised of the United States, Australia, Canada, New Zealand and the United Kingdom.

Key Points: 
  • MCLEAN, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a three-year task order under the Analytical and Technical Services contract to provide information-sharing capabilities to the Five Eyes intelligence alliance comprised of the United States, Australia, Canada, New Zealand and the United Kingdom.
  • The objective of the Pegasus task order, administered by the Secretary of the Air Force’s Concept, Development and Management Mission Partner Capability Office, is to provide email, phone, video and chat capabilities to enable seamless collaboration between Five Eyes warfighters at both a national and international level.
  • “Pegasus is an important capability that will help U.S. military forces and Five Eyes members with critical war planning and execution,” said Grant Hagen, president of Mission Technologies’ Cyber, Electronic Warfare and Space business group.
  • The work will be performed by HII, together with major subcontractor General Dynamics Information Technology, Inc.
    Pegasus is a component of the overall Mission Partner Capabilities Office portfolio of capabilities that support the Mission Partner Environment, which allows the U.S. military and its mission partners to communicate, collaborate and share information securely.

Expanding Our Mission: Alerje Tackles Opioid Crisis in Military and Veteran Communities, Leveraging Proven AI Tech for Rapid Naloxone Distribution

Retrieved on: 
Tuesday, December 19, 2023

Alerje, Inc. announces it has been selected by AFWERX for a SBIR Phase I focused on focusing on a Rapid Naloxone Deployment System (RNDS) to address some of the most pressing challenges in the Department of the Air Force (DAF) and beyond in our country.

Key Points: 
  • Alerje, Inc. announces it has been selected by AFWERX for a SBIR Phase I focused on focusing on a Rapid Naloxone Deployment System (RNDS) to address some of the most pressing challenges in the Department of the Air Force (DAF) and beyond in our country.
  • “We’re deeply committed to leveraging our team’s technical ‘super powers’ and industry experience to address the escalating opioid crisis.
  • Our journey in health tech, especially in emergency medicine, has always had the opioid epidemic on our radar,” said Javier Evelyn, Founder & CEO of Alerje.
  • “We're excited to bring our fresh perspective and partnerships to providing much needed aid in this growing crisis.

Civil Air Patrol and Textron Aviation Special Missions Celebrate Long-Standing Relationship

Retrieved on: 
Tuesday, December 19, 2023

Textron Aviation Inc. , a Textron Inc. (NYSE:TXT) company, and Civil Air Patrol (CAP) celebrate the delivery of four Cessna Skyhawk , one Cessna Skylane and one Cessna Turbo Stationair HD aircraft in Independence, Kansas.

Key Points: 
  • Textron Aviation Inc. , a Textron Inc. (NYSE:TXT) company, and Civil Air Patrol (CAP) celebrate the delivery of four Cessna Skyhawk , one Cessna Skylane and one Cessna Turbo Stationair HD aircraft in Independence, Kansas.
  • View the full release here: https://www.businesswire.com/news/home/20231219272695/en/
    Stacie Townsend, vice president Textron Aviation special missions program management passes the keys to Brig.
  • Gen. Regena Aye, national vice commander Civil Air Patrol (Photo: Business Wire)
    In September, Textron Aviation was awarded a contract by CAP for the further acquisition of 15 Cessna piston engine aircraft.
  • The company’s aviation solutions provide the high performance and flight characteristics required to address the unique challenges of special missions operations.

Military Transmit and Receive Module Market worth $7.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.

Key Points: 
  • The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.
  • By platform, the airborne segment is estimated to account for the largest market share of the Military transmit and receive module market in 2023.
  • The airborne segment is estimated to account for the largest share of 42% of the military transmit and receive module market in 2023.
  • The North American market is going to contribute the largest share of 36% to the military transmit and receive module industry in 2023.

Military Transmit and Receive Module Market worth $7.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 21, 2023

The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.

Key Points: 
  • The gallium nitride segment is projected to grow at the highest CAGR rate for the military transmit and receive module market during the forecast period.
  • By platform, the airborne segment is estimated to account for the largest market share of the Military transmit and receive module market in 2023.
  • The airborne segment is estimated to account for the largest share of 42% of the military transmit and receive module market in 2023.
  • The North American market is going to contribute the largest share of 36% to the military transmit and receive module industry in 2023.

Airborne Laser Terminal Market Set for Significant Growth: Expansive Analysis of End Users, Solutions, Components, and Regional Dynamics (2023-2033)

Retrieved on: 
Tuesday, December 19, 2023

DUBLIN, Dec. 19, 2023 /PRNewswire/ -- The "Airborne Laser Terminal Market - A Global and Regional Analysis: Focus on End User, Solution, Component, Platform and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 19, 2023 /PRNewswire/ -- The "Airborne Laser Terminal Market - A Global and Regional Analysis: Focus on End User, Solution, Component, Platform and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • The latest research publication offers a comprehensive analysis of the global airborne laser terminal market, which is projected to witness noteworthy growth from 2023 to 2033.
  • The market analysis extends to a regional perspective, taking into account the North American, European, Asia-Pacific, and Rest-of-the-World markets to offer a global outlook.
  • Organizations looking to tap into the airborne laser terminal market will benefit from insights into growth drivers, challenges, opportunities, and competitive strategies.

IWBI and GRESB Announce Partnership to Accelerate Social Sustainability

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- The International WELL Building Institute (IWBI), the global authority for driving market transformation toward healthy buildings, organizations and communities, and GRESB, the global ESG benchmark for real estate and infrastructure, announced today a strategic partnership to accelerate social sustainability by improving reporting and disclosure capabilities across key social factors, including health, equity and well-being.

Key Points: 
  • To help investors, fund managers and companies prioritize social sustainability, the IWBI-GRESB partnership will seek to:
    Develop resources to help investors, companies and asset operators incorporate social performance into the investment engagement process.
  • Co-create a social sustainability dashboard with performance indicators utilizing data from the GRESB Real Estate Assessment.
  • Convene stakeholders to explore best practices and reporting structures that support social components and interventions that address social sustainability.
  • Provide other supporting materials to help investors use information from the GRESB and IWBI social sustainability reports and tools.

Sarcos Technology and Robotics Corporation Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

SALT LAKE CITY, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW, a leader in advanced robotic technology designed to increase the intelligence, efficiency, capability and productivity of advanced robotic systems through applied autonomy, today announced financial results for the quarter ended September 30, 2023.

Key Points: 
  • SALT LAKE CITY, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW, a leader in advanced robotic technology designed to increase the intelligence, efficiency, capability and productivity of advanced robotic systems through applied autonomy, today announced financial results for the quarter ended September 30, 2023.
  • Total operating expenses for the third quarter of 2023 were $32.6 million, compared to operating expenses of $31.9 million during the third quarter of 2022.
  • Third quarter 2023 gross margin was 33%, compared to 23% in the third quarter of 2022.
  • We anticipate incurring additional restructuring expenses, related to the restructuring actions taken during 2023, in the range of $22 million to $24 million during the fourth quarter of 2023 and the first quarter of 2024.