Defense Logistics Agency

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

Retrieved on: 
Thursday, March 21, 2024

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

Retrieved on: 
Thursday, March 21, 2024

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

Retrieved on: 
Wednesday, December 6, 2023

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

Retrieved on: 
Tuesday, November 21, 2023

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

Retrieved on: 
Monday, December 11, 2023

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

Retrieved on: 
Wednesday, December 6, 2023

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: 
Wednesday, November 15, 2023

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.

Retrieved on: 
Wednesday, October 25, 2023

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.

Key Players in the Global Wound Cleanser Market Showcase Innovative Solutions - Report Profiles Leading Companies and Their Contributions to Wound Care - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 17, 2023

In November 2022, InfuSystem Holdings, Inc. and Sanara MedTech Inc. formed a partnership for SI Wound Care, LLC, offering innovative wound care solutions.

Key Points: 
  • In November 2022, InfuSystem Holdings, Inc. and Sanara MedTech Inc. formed a partnership for SI Wound Care, LLC, offering innovative wound care solutions.
  • What are the major market drivers, challenges, and opportunities in the global wound cleanser market?
  • What is the growth potential of the global wound cleanser market in North America, Europe, Asia-Pacific, and Latin America and Rest-of-the-World?
  • What is the supply chain scenario in the global wound cleanser market?

CGI achieves successful integration of military logistics and asset management systems in planetary-scale Metaverse

Retrieved on: 
Friday, October 13, 2023

The pilot involved integrating the Marine Corps Platform Integration Center (MCPIC) logistics and asset management systems with digital twins, or virtual replicas of physical assets in a simulated world environment.

Key Points: 
  • The pilot involved integrating the Marine Corps Platform Integration Center (MCPIC) logistics and asset management systems with digital twins, or virtual replicas of physical assets in a simulated world environment.
  • "CGI continues to break new ground as a part of our joint commitment to innovation in Defense Logistics," stated Colonel John S. Sattely, Commanding Officer, Blount Island Command.
  • "Through our partnership with CGI, we're making those capabilities a virtual reality today, and redefining what is possible in defense and defense logistics."
  • "This successful demonstration highlights powerful new opportunities to transform logistics operations and planning for the Marine Corps and beyond."