Navy

Defense Unicorns Raises $35 Million Series A to Advance National Security through Open Source Software

Retrieved on: 
Thursday, March 7, 2024

Defense Unicorns , a software startup providing open source software and AI capabilities for National Security systems, today announced it has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital .

Key Points: 
  • Defense Unicorns , a software startup providing open source software and AI capabilities for National Security systems, today announced it has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital .
  • Leveraging Defense Unicorns’ solutions, national security systems can quickly adopt modern technologies wherever the mission happens, whether in space, undersea or elsewhere.
  • Powered by these projects, Defense Unicorns currently offers three core capabilities as a service: Your App Your Environment (YAYE), Software Factory and AI for National Security .
  • Defense Unicorns has over 125 employees and is currently hiring for a number of roles, including product managers, data scientists, platform engineers, software engineers and more.

Bechtel Plant Machinery Inc. Selects Velo3D's Metal Additive Manufacturing Solution To Revolutionize the Supply Chain for the U.S. Navy

Retrieved on: 
Thursday, March 7, 2024

Velo3D , Inc. ( NYSE: VLD ), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), today announced Bechtel Plant Machinery Inc. (BPMI) has selected a fully integrated metal additive manufacturing solution from the company to produce parts for the U.S.
  • Earlier this year, BPMI awarded a contract to ATI to support development of highly engineered part solutions for advanced manufacturing methods including metal additive manufacturing.
  • The partners will use the printer to produce parts previously produced through casting, reducing lead times for mission critical parts, and streamlining their supply chain.
  • Additive manufacturing accomplishes this by enabling distributed supply chains and digital inventories where manufacturers can produce parts within spec across any similar printer calibrated for the same metal alloy.

Boingo Wireless Releases Military 5G Guide: ‘The Critical Role of 5G and Wi-Fi on U.S. Military Bases’

Retrieved on: 
Wednesday, March 6, 2024

Boingo Wireless , a leading provider of wireless solutions for the U.S. military, has released a new technology eBook titled “The Critical Role of 5G and Wi-Fi on U.S. Military Bases,” available now for download .

Key Points: 
  • Boingo Wireless , a leading provider of wireless solutions for the U.S. military, has released a new technology eBook titled “The Critical Role of 5G and Wi-Fi on U.S. Military Bases,” available now for download .
  • The Boingo eBook advises how military leadership can leverage next generation wireless connectivity and cybersecurity to bolster mission readiness, establish installation resilience and enhance the lives of service members.
  • View the full release here: https://www.businesswire.com/news/home/20240306014874/en/
    Download Boingo’s 5G eBook for Department of Defense and military leadership.
  • Critical wireless technologies: Accelerate critical innovation and troop connectivity with converged, reliable network solutions that feature 5G, Wi-Fi 7, edge cloud, network slicing and Open RAN.

DLA Piper Advises Arlington Capital Partners in the Formation of Defense Manufacturing Company “Keel”

Retrieved on: 
Thursday, February 29, 2024

DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.

Key Points: 
  • DLA Piper advised Arlington Capital Partners (Arlington), a Washington, DC-area private investment firm specializing in government regulated industries, in the formation of Keel Holdings, (Keel), a leading manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force.
  • The company was formed through the merger of existing Arlington portfolio company Pegasus Steel with the newly completed acquisitions of Metal Trades and Merrill Technologies Group.
  • With more than one million square feet of manufacturing floor space and approximately 700 employees, Keel will offer its customers a vertically integrated suite of design, engineering, fabrication, machining, integration, assembly, finishing, and surface treatment capabilities across its nine facilities in Michigan and South Carolina.
  • The Company’s locations include a facility strategically located with direct frontage to deep water that allows for large module delivery by barge to submarine and aircraft carrier customers.

Nacha Launches New Campaign Highlighting the Many People Benefiting from Direct Deposit

Retrieved on: 
Wednesday, February 28, 2024

A new campaign unveiled today by Nacha aims to educate and inform people on the many other ways to simplify their lives by making the best use of Direct Deposit.

Key Points: 
  • A new campaign unveiled today by Nacha aims to educate and inform people on the many other ways to simplify their lives by making the best use of Direct Deposit.
  • View the full release here: https://www.businesswire.com/news/home/20240228036599/en/
    Nacha Launches New Campaign Highlighting the Many People Benefiting from Direct Deposit (Photo: Business Wire)
    With a spotlight on real people—not actors—the campaign showcases how Direct Deposit helps Americans seamlessly receive not only their wages but many other types of payments as well.
  • “This campaign shines a light on how Direct Deposit is working for people far beyond delivering their pay.”
    Among those profiled is Christopher who served in the Navy and is among the 97% of veterans receiving their benefits by Direct Deposit.
  • Ralph, a communications professional, relies on Direct Deposit to receive pet insurance claim reimbursements for his dogs, including Walter.

Amentum Awarded $592 Million U.S. Navy NAVSEA PMS326 Contract for Lifecycle and Engineering Solutions for International Fleets

Retrieved on: 
Tuesday, February 27, 2024

Amentum has been awarded a $591.6 million contract by the U.S.

Key Points: 
  • Amentum has been awarded a $591.6 million contract by the U.S.
  • Naval Sea Systems Command (NAVSEA) International Fleet Support Program Office (PMS 326) to deliver life-cycle support and other follow-on technical solutions and services to eligible allied international naval forces.
  • This contract enables Amentum to deliver naval ship and systems engineering, maintenance, sustainment, and modernization capabilities to numerous allied navies.
  • “We look forward to helping the Navy provide our trusted international maritime partners with leading edge sustainment and modernization solutions,” said Jack Kasiski, Senior Vice President for C5I, Engineering and Training.

MOD Pizza Opens First Military Base Location on Naval Station Norfolk

Retrieved on: 
Tuesday, February 27, 2024

MOD Super-Fast Pizza Holdings, LLC (“MOD Pizza”, “MOD” or the “Company”), the purpose-led and people-first pioneer of the fast casual pizza category, today announced the grand opening of its first store location on a military base – Naval Station Norfolk in Norfolk, VA.

Key Points: 
  • MOD Super-Fast Pizza Holdings, LLC (“MOD Pizza”, “MOD” or the “Company”), the purpose-led and people-first pioneer of the fast casual pizza category, today announced the grand opening of its first store location on a military base – Naval Station Norfolk in Norfolk, VA.
  • With the opening of its inaugural military base location, MOD extends its reach to more than 82,000 active-duty military personnel and 112,000 family members, as well as the general public in Norfolk, providing them with a welcoming space to enjoy MOD’s fully customizable individually-sized pizzas and hand-tossed salads.
  • “We at MOD are extraordinarily pleased to see our first opening on a Military Base with our franchisees, Cassandra and Tony Bozeman,” said Steve Blum, Chief Development Officer at MOD.
  • MOD Pizza Naval Station Norfolk is located at 1560 Mall Drive Unit CD-13 Norfolk, VA 23511.

Dietrich Kuhlmann to Assume Role of Navy Federal Credit Union CEO on March 1

Retrieved on: 
Wednesday, February 21, 2024

Navy Federal Credit Union today announced that Dietrich Kuhlmann will become its next president and chief executive officer on March 1, 2024.

Key Points: 
  • Navy Federal Credit Union today announced that Dietrich Kuhlmann will become its next president and chief executive officer on March 1, 2024.
  • Kuhlmann joined Navy Federal in 2019 after retiring from the United States Navy as a rear admiral and has spent the past two years as the credit union’s chief operating officer.
  • “I’m tremendously grateful to be trusted with the responsibility to lead Navy Federal Credit Union,” said Kuhlmann.
  • “She truly embodied our values of putting members first, and she will be greatly missed at Navy Federal.”

Vanir Announces the Promotion of Jerry Avalos To the Position of President

Retrieved on: 
Saturday, March 9, 2024

SACRAMENTO, Calif., March 9, 2024 /PRNewswire-PRWeb/ -- We are pleased to announce the appointment of Jerry Avalos as President of Vanir. He brings 25 years of service and positive bottom-line results to the firm and over 30 years of experience in the construction industry. He is a trained civil engineer with a degree from California Polytechnic State University and a military background having also served in the Navy.

Key Points: 
  • Vanir, a national leader in program, project and construction management and real estate development, has appointed Jerry Avalos as President.
  • SACRAMENTO, Calif., March 9, 2024 /PRNewswire-PRWeb/ -- We are pleased to announce the appointment of Jerry Avalos as President of Vanir.
  • As the son of hard-working immigrant parents from Mexico, Avalos learned the importance of a strong work ethic early on in life.
  • Outside of work and community activities, Avalos enjoys outdoor activities with his family including hiking and camping.

Join the Navy SEAL Foundation for a Special Evening of Tribute

Retrieved on: 
Saturday, March 9, 2024

DALLAS, March 9, 2024 /PRNewswire-PRWeb/ -- The Navy SEAL Foundation (NSF) is thrilled to announce the second annual NSF Dallas-Fort Worth Evening of Tribute, scheduled for Thursday, April 25, 2024, at 6:00 pm Central Time. Proceeds from this extraordinary event will help support the Foundation's specially tailored programs for the Naval Special Warfare (NSW) community and its families.

Key Points: 
  • The Navy SEAL Foundation announces its second annual Dallas-Fort Worth Evening of Tribute to be held on April 25, 2024, at 6:00 pm Central Time
    DALLAS, March 9, 2024 /PRNewswire-PRWeb/ -- The Navy SEAL Foundation (NSF) is thrilled to announce the second annual NSF Dallas-Fort Worth Evening of Tribute, scheduled for Thursday, April 25, 2024, at 6:00 pm Central Time.
  • Proceeds from this extraordinary event will help support the Foundation's specially tailored programs for the Naval Special Warfare (NSW) community and its families.
  • For more information or to speak with the Navy SEAL Foundation's regional development director, Erin Machina, please call 469-629-1189 or email [email protected] .
  • Join NSF in Dallas and honor and support our most elite warriors, their families, and the families of our fallen heroes.