Missile Defense Agency

Clearspeed Expands Leadership in Government, Defense & Security Sector with Top Talent Appointment, Former US Dept of State Executive

Retrieved on: 
Tuesday, March 5, 2024

Blersch will lead delivering Clearspeed's AI-powered risk assessment solutions across agencies, drive strategic development to meet stakeholder needs, and empower a team of government relations experts.

Key Points: 
  • Blersch will lead delivering Clearspeed's AI-powered risk assessment solutions across agencies, drive strategic development to meet stakeholder needs, and empower a team of government relations experts.
  • View the full release here: https://www.businesswire.com/news/home/20240305247898/en/
    Blersch brings over 35 years of deep public sector experience in developing, implementing, and advising on technology-led programs to address the nation’s top global security challenges.
  • “I’m honored to join the remarkable team at Clearspeed and eager to advance its mission to build trust faster with a reimagined approach to risk assessment,” says Blersch.
  • Recently, Clearspeed appointed ex-U.S. Federal Government executive, Parker Wise , and retired British Army Brigadier General, Lance Mans , to its advisory board.

 C3 AI Announces Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Following a successful six-month pilot, Holcim entered into a four-year agreement with C3 AI to scale C3 AI Reliability across its 100+ cement plants.

Key Points: 
  • Following a successful six-month pilot, Holcim entered into a four-year agreement with C3 AI to scale C3 AI Reliability across its 100+ cement plants.
  • Further, Holcim is implementing C3 Generative AI to enrich C3 AI Reliability and to assist with complex equipment troubleshooting.
  • In addition to the C3 AI Defense and Intelligence Suite, Paradyme will jointly market C3 Generative AI for Defense and C3 AI Law Enforcement .
  • The following table summarizes C3 AI’s guidance for the fourth quarter of fiscal 2024 and full-year fiscal 2024:

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

Retrieved on: 
Wednesday, February 28, 2024

HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR).

Key Points: 
  • HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor.
  • This KP1 achievement follows the program's All Up Round Preliminary Design Review, which Lockheed Martin executed on-schedule in September .
  • We proved at KP1 that we have reached a level of maturity unprecedented at this stage of a missile defense program," said Sarah Reeves, vice president of NGI at Lockheed Martin.
  • The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as Fiscal Year 2027.

Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution

Retrieved on: 
Wednesday, January 31, 2024

HUNTSVILLE, Ala., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE: NOC) Next Generation Interceptor team completed its All-Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA) on January 26.

Key Points: 
  • HUNTSVILLE, Ala., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE: NOC) Next Generation Interceptor team completed its All-Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA) on January 26.
  • Northrop Grumman’s Next Generation Interceptor (NGI) team completed its Preliminary Design Review one year earlier than the original contract date.
  • (Credit: Northrop Grumman)
    The PDR established the technical approach for the full integration of Northrop Grumman’s interceptor design across all its subsystems to move into more advanced phases of development.
  • Lisa Brown, vice president, Next Generation Interceptor program, Northrop Grumman: “The Northrop Grumman NGI PDR demonstrated our technology, innovation, readiness, and performance.

Opportunity Assessment of the Missile Tracking Systems Market, 2023 to 2033: AI and ML Integration for Directed Energy Weapons (DEWs)

Retrieved on: 
Friday, December 22, 2023

Additionally, the space-based missile tracking systems segment includes armored radar vehicle, armored personnel carrier (APC), military radar truck, and anti-tank guided missile (ATGM) vehicle segments.

Key Points: 
  • Additionally, the space-based missile tracking systems segment includes armored radar vehicle, armored personnel carrier (APC), military radar truck, and anti-tank guided missile (ATGM) vehicle segments.
  • Moreover, favorable government policies are also expected to support the growth of the missile tracking systems market in North America and Europe during the forecast period.
  • In North America, the U.S. is anticipated to show the highest growth in the missile tracking systems market among other countries in North America.
  • Directed Energy Weapons: Directed energy weapons (DEWs) can considerably improve the overall efficacy of missile tracking systems by providing quick, precision-based countermeasures.

SEKO Logistics Partners with CakeBoxx Technologies to Provide Transformative Solution for Government, Space & Defense Industries

Retrieved on: 
Tuesday, December 5, 2023

SEKO Logistics (SEKO) , the leader in end-to-end global logistics, today announced it has teamed up with global innovator CakeBoxx Technologies (CakeBoxx) .

Key Points: 
  • SEKO Logistics (SEKO) , the leader in end-to-end global logistics, today announced it has teamed up with global innovator CakeBoxx Technologies (CakeBoxx) .
  • View the full release here: https://www.businesswire.com/news/home/20231205992238/en/
    This partnership is a true testament to how SEKO is redefining government, space and defense logistics.
  • CakeBoxx’s innovative solutions paired with SEKO’s global multi-modal freight forwarding services will offer clients even greater security and lower risk.
  • “Alongside CakeBoxx, we are shifting the government, space, and defense logistics paradigm by offering tailored programs prioritizing compliance, security, reliability, and sustainability through technology-driven solutions,” said Mike Ligthart, SEKO’s Global Commercial Director for Government, Space & Defense.

Parsons Reports Strong Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

CHANTILLY, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Third quarter 2023 adjusted EBITDA including noncontrolling interests increased by $21 million, or 51%, compared to the prior year period.
  • Cash flow from operating activities: Third quarter 2023: $204 million compared to $123 million in the third quarter of 2022.
  • During the third quarter of 2023, the company won four single-award contracts worth more than $100 million each.
  • Parsons continues to build on its strong track record of acquiring strategic companies in high-growth markets that broaden its portfolio and customer footprint.

Parsons Strengthens Portfolio In Vital Indo-Pacific Region With Two Milestone Awards From U.S. Army

Retrieved on: 
Tuesday, October 17, 2023

“Parsons is a leader in providing the federal government with solutions to their most complex infrastructure and remediation challenges,” said Jon Moretta, president, Engineered Systems, for Parsons.

Key Points: 
  • “Parsons is a leader in providing the federal government with solutions to their most complex infrastructure and remediation challenges,” said Jon Moretta, president, Engineered Systems, for Parsons.
  • “Projects of this nature in the Indo-Pacific are uniquely complex due to the logistical and environmental challenges required to operate in the region.
  • These awards expand the company’s existing footprint in the Indo-Pacific (INDOPAC) region.
  • To learn more about Parsons’ environmental remediation and treatment solutions, visit Parsons.com/environmental/ .

Lockheed Martin's Next Generation Interceptor Program Advances Through Major Design Milestone

Retrieved on: 
Monday, October 16, 2023

HUNTSVILLE, Ala., Oct. 16, 2023 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA), on September 29. The company remains on-plan to deliver NGI on an accelerated schedule for the warfighter.

Key Points: 
  • HUNTSVILLE, Ala., Oct. 16, 2023 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA), on September 29.
  • These tools ultimately drive affordability within the program, as the company progresses to deliver a capable, mature, and reliable interceptor to the MDA.
  • Some of these include validating the program's approach to sensing threats and Lockheed Martin's flight computer which successfully communicated to major NGI subsystems.
  • This latest PDR milestone means Lockheed Martin's NGI program has progressed solidly in its design work.

Foley Products announces acquisition of StormPrism patents from Pre-Con Products

Retrieved on: 
Tuesday, October 3, 2023

On September 21, 2023, Foley Products Company, LLC (“Foley”) and Pre-Con Products (“Pre-Con”) reached an agreement to assign all the StormPrism Patents and Trademarks to Foley in the United States and Canada.

Key Points: 
  • On September 21, 2023, Foley Products Company, LLC (“Foley”) and Pre-Con Products (“Pre-Con”) reached an agreement to assign all the StormPrism Patents and Trademarks to Foley in the United States and Canada.
  • The parties will continue to cooperate on product development and marketing of the products.
  • Keith Haas, CEO of Foley said: “The addition of StormPrism to our product portfolio is an important step in Foley’s growth strategy.
  • Established in 1981, Foley Products Company, LLC, (“Foley”), is a leading manufacturer of concrete pipe and precast products, with 17 manufacturing locations in high growth markets across the United States.