International Traffic in Arms Regulations

Mayville Engineering Company Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Other Manufacturing, Adjustment, MEC, MSA, OEM, Mining, EV, ATV, Forestry, Certification, Acquisition, MBX, MUV, International Traffic in Arms Regulations, Growth, CARC, ITAR, Culture, Steel, Plastic, SIOP, Investment, Agriculture, Automation, Natural gas, Prefabrication, Bank, Management, 3D printing

Net sales to the construction & access market were $26.3 million in the third quarter 2023, a decrease of 2.3% versus the prior-year period.

Key Points: 
  • Net sales to the construction & access market were $26.3 million in the third quarter 2023, a decrease of 2.3% versus the prior-year period.
  • Net sales to the powersports market were $25.1 million in the third quarter of 2023, an increase of 7.7% versus the prior-year period.
  • Net sales to other end markets for the third quarter of 2023 were $23.5 million, an increase of 104.7% year-over-year.
  • During the third quarter 2023, the Company utilized free cash flow to repay $17.1 million of debt that it incurred in conjunction with the MSA acquisition.

BUTLER NATIONAL ACQUIRES KC MACHINE BUSINESS

Retrieved on: 
Monday, October 2, 2023
Maintenance, International Traffic in Arms Regulations, DraftKings, Butler National Golf Club, Culture, ISO, Boot Hill, OTCQB, FAA, Acquisition, Finland's Slot Machine Association, Engineering, Department of Defense Architecture Framework, ITAR, ISO 9001:2015, MRO, 3D printing, Management, Avcon

NEW CENTURY, Kan., Oct. 2, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announced the acquisition of KC Machine, a recognized provider of high-quality precision machine parts, located just outside Kansas City.

Key Points: 
  • "The KC Machine acquisition brings significant synergy to Butler National," said Chris Reedy, President and CEO of Butler National.
  • We anticipate a fairly seamless integration of KC Machine into Butler National while maintaining its existing business levels.
  • Keith Diebold, former CEO of KC Machine, added, "The Butler National acquisition of KC Machine provides growth opportunities and a well-established, reliable corporate owner for the KC Machine employees and customers.
  • Butler National plans to continue promoting the KC Machine Business name and maintain the existing culture at the facility, which already mirrors its own values.

KYOCERA AVX IS ACQUIRING ASSETS OF BLILEY TECHNOLOGIES, A GLOBAL LEADER IN LOW-NOISE FREQUENCY CONTROL PRODUCTS

Retrieved on: 
Monday, October 2, 2023
Quartz, Senior, International Traffic in Arms Regulations, ISO 9001:2008, Telecommunications, ISO, SC, FC, Temperature, Research, OXCO, IP, AVX, PZT, KYOCERA, IPC, Acquisition, GEO, LEO, ITAR, REACH, MEMS, Restriction of Hazardous Substances Directive, Risk management, Mobile phone, Thomas J. Bliley Jr.

FOUNTAIN INN, S.C., Oct. 2, 2023 /PRNewswire/ -- KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, is acquiring assets of Bliley Technologies, a worldwide leader in the design and development of innovative, low-noise frequency control products with more than 65 years of space heritage in low Earth orbit (LEO) and geostationary equatorial orbit (GEO) applications. The asset transfer acquisition will bring Bliley's equipment, people, and IP under the KYOCERA AVX umbrella and allow KYOCERA AVX to produce the same high-quality electronic components that made Bliley a global leader. Upon finalization, the acquired assets will operate under KYOCERA AVX Components Corporation (Erie).

Key Points: 
  • The asset transfer acquisition will bring Bliley's equipment, people, and IP under the KYOCERA AVX umbrella and allow KYOCERA AVX to produce the same high-quality electronic components that made Bliley a global leader.
  • Upon finalization, the acquired assets will operate under KYOCERA AVX Components Corporation (Erie).
  • The KYOCERA AVX team shares this commitment and, together, we will continue to develop novel crystal products that redefine possibilities."
  • For more information about Bliley Technologies, several assets of which will now operate under KYOCERA AVX Components Corporation (Erie), please visit https://www.bliley.com/ .

TurnOnGreen’s Subsidiary Digital Power Corporation Awarded Initial Contract to Manufacture Enhanced Power Distribution Systems for Missile Defense Systems

Retrieved on: 
Tuesday, September 19, 2023
Other Energy, Defense, Hardware, Contracts, Alternative Energy, Energy, Technology, Other Technology, Amos, Red Army tactics in World War II, Small business, 2023, International Traffic in Arms Regulations, DPC, MLRS, Multimedia, Lockheed, ATACMS, Engineering, OTC, Vehicle registration plates of Nepal, Lockheed Martin, Jet fuel

Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today its subsidiary, Digital Power Corporation (“DPC”), has secured an initial contract worth $344,000.

Key Points: 
  • Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today its subsidiary, Digital Power Corporation (“DPC”), has secured an initial contract worth $344,000.
  • DPC will be working with an industry-leading, international defense, aerospace, and security company to manufacture and integrate multiple improved electrical distribution box 3s (“IEDB3”) intended for use in multiple launch rocket system (“MLRS”) launchers.
  • The IEDP3s that DPC will produce will be designed to power MLRS platforms for use in a diverse set of defense tactical scenarios.
  • “We strive to create shareholder value through a diverse business strategy that focuses on advanced power technology, green energy storage, and e-mobility infrastructure.”

Advanced Technology Recycling (ATR) is pleased to announce the acquisition of CoastaleCycle.com and 850-776-9932 number to better serve the Gulf Coast and Southern U.S. Regions

Retrieved on: 
Monday, August 14, 2023
Pontiac, High, State, GPS, Gulf Coast of the United States, GSA, Coast, International Traffic in Arms Regulations, Electronics, Chief operating officer, Biodegradable waste, Recycling, General Services Administration, Acquisition, AL, United States Department of State, ITAR, ATR, Retail

“The refurbishment center expansion and regional asset acquisitions are necessary to provide enhanced services offerings in the region,” said Ken Ehresman, Chief Operations Office for ATR.

Key Points: 
  • “The refurbishment center expansion and regional asset acquisitions are necessary to provide enhanced services offerings in the region,” said Ken Ehresman, Chief Operations Office for ATR.
  • Former clients of the local ITAD and Electronics Recycling firm “Coastal eCycle” are encouraged to contact ATR to discuss the many enhancements and service offerings ATR brings to the region.
  • - John and Ginger Watkins of Coastal eCycle
    Clients in Pensacola and the entire Gulf Coast Region now have access to ATR’s expansive portfolio of certified ITAD (IT Asset Disposition) and electronics recycling services.
  • Additionally, ATR offers the industry’s most secure chain of custody via an electronically tracked, and GPS enabled fleet of vehicles, which includes remote inventory and destruction capabilities.

The Virtru Data Security Platform Achieves FedRAMP Authorization

Retrieved on: 
Wednesday, August 9, 2023
Software as a service, ODNI, International Traffic in Arms Regulations, Criminal Justice Information Services, CMMC, Privacy, Organization, Motion, United States Intelligence Community, Data, ITAR, Korea Disease Control and Prevention Agency, Political moderate, FIPS, Cybersecurity Maturity Model Certification, Federation, CJIS, FedRAMP, Medical device, Cryptocurrency, Virtru

WASHINGTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Virtru, the global leader in data-centric security and privacy, today announced that the Virtru Data Security Platform received Authorization to Operate (ATO) at the Moderate level under the Federal Risk and Authorization Management Program (FedRAMP®) .

Key Points: 
  • WASHINGTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Virtru, the global leader in data-centric security and privacy, today announced that the Virtru Data Security Platform received Authorization to Operate (ATO) at the Moderate level under the Federal Risk and Authorization Management Program (FedRAMP®) .
  • The Virtru Data Security Platform underpins a holistic suite of data protection products that empower public- and private-sector organizations to scale data-centric security across sensitive data workflows.
  • The Virtru platform first achieved FedRAMP ATO at the Moderate level in 2019, and since that time, Virtru has continued to expand the platform to provide the federal government and its contractors with secure encryption, access controls, and key management capabilities.
  • The ATO was sponsored by the Centers for Disease Control and Prevention, which utilized our Data Security Platform to control and govern sensitive data both in motion and at rest.

Optical Coatings Market worth $19.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 2, 2023
Semiconductor, AIM, International Traffic in Arms Regulations, Deposition, Electronics, DuPont, Newport Corporation, Lens, USML, Volatile organic compound, Temperature, ICS, IAD, Vacuum deposition, Coherent Corp., ITAR, Growth, Transport, AR, EC, Telescopic sight

In the optical coatings market, the technologies used include vacuum deposition, E-beam evaporation, sputtering process, and ion-assisted deposition (IAD).

Key Points: 
  • In the optical coatings market, the technologies used include vacuum deposition, E-beam evaporation, sputtering process, and ion-assisted deposition (IAD).
  • AR coatings are the largest type of segment of the optical coatings market.
  • The optical coatings market is categorized into various types, including AR coatings, high reflective coatings, transparent conductive coatings, filter coatings, beam splitter coatings, EC coatings, and others.
  • The increasing demand for AR coatings in industrial and consumer applications is driving the growth of this segment in the global optical coatings market.

Optical Coatings Market worth $19.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 2, 2023
Semiconductor, AIM, International Traffic in Arms Regulations, Deposition, Electronics, DuPont, Newport Corporation, Lens, USML, Volatile organic compound, Temperature, ICS, IAD, Vacuum deposition, Coherent Corp., ITAR, Growth, Transport, AR, EC, Telescopic sight

In the optical coatings market, the technologies used include vacuum deposition, E-beam evaporation, sputtering process, and ion-assisted deposition (IAD).

Key Points: 
  • In the optical coatings market, the technologies used include vacuum deposition, E-beam evaporation, sputtering process, and ion-assisted deposition (IAD).
  • AR coatings are the largest type of segment of the optical coatings market.
  • The optical coatings market is categorized into various types, including AR coatings, high reflective coatings, transparent conductive coatings, filter coatings, beam splitter coatings, EC coatings, and others.
  • The increasing demand for AR coatings in industrial and consumer applications is driving the growth of this segment in the global optical coatings market.

Mayville Engineering Company Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Other Manufacturing, Plastic, SIOP, EV, International Traffic in Arms Regulations, CARC, Aluminium, Agriculture, ATV, MEC, Steel, Certification, MUV, Forestry, Acquisition, MSA, ITAR, Mining, Growth, OEM, Adjustment, MBX, Natural gas, Prefabrication, Management, 3D printing, Security (finance)

Net sales to the commercial vehicle market were $56.1 million in the second quarter of 2023, an increase of 1.7% versus the prior-year period.

Key Points: 
  • Net sales to the commercial vehicle market were $56.1 million in the second quarter of 2023, an increase of 1.7% versus the prior-year period.
  • Net sales to the construction & access market were $26.5 million in the second quarter 2023, a decrease of 9.8% versus the prior-year period.
  • Net sales to the powersports market were $24.0 million in the second quarter of 2023, an increase of 7.2% versus the prior-year period.
  • Net sales to the agriculture market were $13.4 million during the second quarter of 2023, a decrease of 12.5% versus the prior-year period.

AUKUS is supposed to allow for robust technology sharing. The US will need to change its onerous laws first

Retrieved on: 
Friday, July 14, 2023
Weapon, Defense, Technology, Partnership, Industry, International Traffic in Arms Regulations, AUKUS, Sale, Government, Congress, Parity, ITAR, Artificial intelligence, United, Arms industry, Pharmaceutical industry, Financial adviser, Property management

These include cyber capabilities, electronic warfare, quantum technology, hypersonics, artificial intelligence and autonomous military capabilities.

Key Points: 
  • These include cyber capabilities, electronic warfare, quantum technology, hypersonics, artificial intelligence and autonomous military capabilities.
  • This can include vetting their staff, limiting access to the information or technology, and agreeing to onerous monitoring and reporting requirements.
  • They could be exposed to US criminal laws if they fail to meet these obligations after being granted a licence.

Are changes to the US restrictions on the way?

    • They have expressed a need to make US and Australian defence trade easier so the AUKUS deal can work as intended.
    • Named the TORPEDO Act, it would not only designate Australia a “domestic source”, but also ease restrictions for technology-sharing with Australia and the UK.
    • Whichever path the US takes, it could take years for any of these legislative changes to be accepted and implemented.

What would this mean for Australia?

    • Canadian arms manufacturers and researchers can now access US technologies and information without going through the onerous licensing requirements under the International Traffic of Arms Regulations.
    • This would be a boon for the Australian defence industry, boosting our competitiveness in the global market.
    • Trade to the US and Canada would be also be simplified, with much greater opportunity to export goods back to the those countries.

Does Australia need to change its own laws?

    • Although Australia has not exactly followed the American model of defence export controls, our system is quite similar.
    • Australia currently requires licences to allow items or information on the Defence and Strategic Goods List to be supplied, published or brokered for sale to another country.
    • However, Australia doesn’t have the same ongoing monitoring obligations the US has.
    • One can surmise the impending updates to the Australian Defence Trade Controls Act will reveal exactly how this balance will be established.