Defense

Air Industries Group Announces Financial Results for the Three and Six Months ended June 30, 2020

Friday, August 7, 2020 - 5:46pm

Lou Melluzzo, CEO of Air Industries said, Our press release on May 18th discussed how Covid-19 negatively impacted our operations.

Key Points: 
  • Lou Melluzzo, CEO of Air Industries said, Our press release on May 18th discussed how Covid-19 negatively impacted our operations.
  • These impacts are clearly seen in the 34% reduction in shipments in the second quarter.
  • Sales improved in May and improved further in June rebounding to approximately 80% of the Q-1 average.
  • As sales improve, we are confident our gross margin which is highly variable with sales volume will return to historical, higher levels.

Annual Strategy Dossier 2020: Top 6 Global Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, and Russian Helicopters - ResearchAndMarkets.com

Friday, August 7, 2020 - 4:59pm

The "Annual Strategy Dossier - 2020 - Global Top 6 Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, Russian Helicopters" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Annual Strategy Dossier - 2020 - Global Top 6 Military Rotorcraft Manufacturers - Airbus Helicopters, Bell, Boeing, Leonardo, Sikorsky, Russian Helicopters" report has been added to ResearchAndMarkets.com's offering.
  • Russian Helicopters is well positioned & oriented to address the rest at the lower end of the market across Asia, parts of Africa & the Middle East.
  • Against this backdrop, the report analyses & provides comprehensive insights into the Top 6 Global Military Helicopter Manufacturers with focus on a blend of quantitative & qualitative analysis.
  • The report provides detailed analysis on Helicopter Manufacturers, including, Comprehensive Analysis of Key Strategies & Plans, product portfolio & financial analysis and SWOT analysis.

Kaman Composites Vermont Announces Multi-Year Contract With Major Engine OEM With a Potential Value of $118 Million

Friday, August 7, 2020 - 11:30am

Kaman Composites Vermont, Inc. (KCV), a subsidiary of Kaman Corporation (NYSE:KAMN), announced today that it has entered into a new Long Term Agreement (LTA) with a major engine OEM to manufacture components for both existing production and newly developed engine programs.

Key Points: 
  • Kaman Composites Vermont, Inc. (KCV), a subsidiary of Kaman Corporation (NYSE:KAMN), announced today that it has entered into a new Long Term Agreement (LTA) with a major engine OEM to manufacture components for both existing production and newly developed engine programs.
  • The components will be industrialized and manufactured at Kamans facilities in Bennington, Vermont, with initial deliveries expected by the end of 2020.
  • As a collaborative partner, we have been able to customize our processes and production activity to serve the specific needs of the customers existing programs.
  • Kaman U.S. composites business (KCUS, Kaman U.S. Composites or Kaman Composites Structures) consists of two AS9100 Rev D registered companies with locations in Bennington, VT and Wichita, KS.

Battelle and FCPS Award $50,000 in STEM Challenge Grants as BNBI Continues its Support of Students

Thursday, August 6, 2020 - 4:43pm

We are delighted to once again be able to make this years teacher challenge grant happen despite the ongoing impact of Covid-19, said BNBI President Dr. George Korch.

Key Points: 
  • We are delighted to once again be able to make this years teacher challenge grant happen despite the ongoing impact of Covid-19, said BNBI President Dr. George Korch.
  • We really worked hard in partnership with FCPS to make sure this important STEM effort did not get canceled.
  • The FCPS/BNBI STEM partnership was established in 2009 with the long-term goal of getting more students interested in and better prepared to major in math, the hard sciences or engineering in college.
  • Since its inception BNBI has directly gifted $483,000 to FCPS, and BNBI staff has committed thousands of hours of time to assisting curricula development, classroom instruction, and STEM activities outside the classroom.

Renesas’ Intersil Brand ICs Blast Off Onboard the Mars 2020 Perseverance Rover Mission to the Red Planet

Thursday, August 6, 2020 - 1:00pm

A United Launch Alliance (ULA) Atlas V rocket, with the Perseverance rover and Ingenuity Mars Helicopter onboard, launched from Space Launch Complex 41 at Cape Canaveral Air Force Station in Florida.

Key Points: 
  • A United Launch Alliance (ULA) Atlas V rocket, with the Perseverance rover and Ingenuity Mars Helicopter onboard, launched from Space Launch Complex 41 at Cape Canaveral Air Force Station in Florida.
  • View the full release here: https://www.businesswire.com/news/home/20200806005278/en/
    Renesas' radiation-hardened ICs blast off onboard the Mars 2020 Perseverance Rover mission to the red planet (Photo: Business Wire)
    While on the Red Planet, the Perseverance rover will flight test the Ingenuity Mars Helicopter, search for signs of ancient life, and collect rock and sediment samples to send back to Earth.
  • Renesas Intersil rad-hard ICs are deployed throughout the Perseverance rover and its seven instruments.
  • Renesas is proud and honored to be a part of the Mars 2020 Perseverance mission that will pave the way for future human missions to the Moon and Mars.

Cubic to Participate in Canaccord Genuity 40th Annual Growth Conference

Thursday, August 6, 2020 - 12:02pm

Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will participate in a fireside chat at the Canaccord Genuity 40th Annual Growth Conference, being held virtually on Wednesday, August 12 at 2:00 p.m. Eastern Time.

Key Points: 
  • Cubic Corporation (NYSE:CUB) today announced that Chairman, President and Chief Executive Officer Bradley H. Feldmann and Executive Vice President and Chief Financial Officer Anshooman Aga will participate in a fireside chat at the Canaccord Genuity 40th Annual Growth Conference, being held virtually on Wednesday, August 12 at 2:00 p.m. Eastern Time.
  • Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries effectiveness and operational readiness.
  • Our teams innovate to make a positive difference in peoples lives.
  • For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp .