Other Defense

Terran Orbital Regains Compliance with NYSE Continued Listing Standards

Retrieved on: 
Tuesday, April 2, 2024

Terran Orbital Corporation (NYSE: LLAP ) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced that it received a notice from the New York Stock Exchange (the “NYSE”) on March 29, 2024 stating that the Company has regained compliance with the minimum stock price continued listing standard set forth in Section 802.01C and will be removed from the NYSE’s noncompliant issuers list.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP ) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced that it received a notice from the New York Stock Exchange (the “NYSE”) on March 29, 2024 stating that the Company has regained compliance with the minimum stock price continued listing standard set forth in Section 802.01C and will be removed from the NYSE’s noncompliant issuers list.
  • The Company previously received a noncompliance notice from the NYSE because the average closing price of the Company’s common stock was less than $1.00 per share over a consecutive 30 trading-day period ended October 18, 2023.
  • On March 28, 2024, the Company’s common stock closed above $1.00 and had an average closing share price of at least $1.00 over the prior 30 trading-day period.

SS8 Expands Acceler8 Partnership Program

Retrieved on: 
Tuesday, April 2, 2024

SS8 Networks , a leader in Lawful and Location Intelligence and Monitoring Suite platforms, today announced the expansion of their Acceler8 program to specialized Govtech partners, which will allow the company to continue its expansion into international government and intelligence agencies.

Key Points: 
  • SS8 Networks , a leader in Lawful and Location Intelligence and Monitoring Suite platforms, today announced the expansion of their Acceler8 program to specialized Govtech partners, which will allow the company to continue its expansion into international government and intelligence agencies.
  • Acceler8 is designed to assist SS8 partners in capturing that growth by enhancing their solution portfolio with leading lawful interception, location, and data intelligence solutions.
  • The program offers an onboarding process that includes extensive product training, go-to-market support, sales enablement, and marketing assistance from SS8 intelligence experts.
  • “We are excited to expand our Acceler8 program.

Leonid Capital Partners Names Ian L. Holroyd CFO

Retrieved on: 
Tuesday, April 2, 2024

Leonid Capital Partners (“Leonid”), a leading investment firm focused on high-growth technology companies working in the national security industry, today announced it named industry veteran Ian L. Holroyd as its new chief financial officer, effective March 4, 2024.

Key Points: 
  • Leonid Capital Partners (“Leonid”), a leading investment firm focused on high-growth technology companies working in the national security industry, today announced it named industry veteran Ian L. Holroyd as its new chief financial officer, effective March 4, 2024.
  • Founded in 2019, Leonid is one of the only credit providers for businesses that contract with the federal government for highly technical engagements in fields such as software, biotech, and engineering.
  • “Ian is an accomplished CFO, and we’re thrilled to add him to our management team,” Christopher Lay, Leonid Capital Partners’ Co-Founder said.
  • Prior to that, Ian worked as chief accounting officer and executive vice president at WMD Asset Management LLC and as vice president, finance and accounting at Imperial Capital LLC.

Comprehensive Analysis of the Aerospace & Defense Market Predicts Robust Global Growth Amid Geopolitical Challenges - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The "Global Aerospace & Defense Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Aerospace & Defense Market - 2024 - Predictive Market Outlook for 2024 - Key Trends, Strategic Insights, Growth Opportunities & Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • The Global Aerospace & Defense Market has entered a significant growth phase catalyzed by shifting geopolitical landscapes.
  • This comprehensive analysis probes into the market dynamics and forecasts for the Aerospace & Defense sector.
  • The Aerospace & Defense Market continues to represent a dynamic and resilient sector, with robust growth opportunities despite broader economic uncertainties.

Terran Orbital's Tyvak International Secures European Defense Agency Contract for Pioneering VLEO Satellite Project

Retrieved on: 
Tuesday, April 2, 2024

This groundbreaking project focuses on Very Low Earth Orbit (VLEO) satellite exploration, marking a significant leap forward in military space technology.

Key Points: 
  • This groundbreaking project focuses on Very Low Earth Orbit (VLEO) satellite exploration, marking a significant leap forward in military space technology.
  • Tyvak International, leveraging its extensive experience in satellite design, development, and spaceflight heritage, will spearhead critical aspects of the project.
  • “We are delighted to announce our participation in this significant EDA VLEO contract,” said Fabio Nichele, Chief Executive Officer of Tyvak International.
  • By doing so, we will drive advancements in satellite technology and propel future defense capabilities.”
    This contract underscores the unwavering commitment of Tyvak International to push the boundaries of satellite technology.

Corvias Named Finalist for Ragan Awards

Retrieved on: 
Tuesday, April 2, 2024

Corvias , which solves infrastructure, indoor environment, and energy resiliency challenges in partnership with the Department of Defense and higher education institutions, received recognition as a finalist in the esteemed Ragan Awards in two Internal Communications categories.

Key Points: 
  • Corvias , which solves infrastructure, indoor environment, and energy resiliency challenges in partnership with the Department of Defense and higher education institutions, received recognition as a finalist in the esteemed Ragan Awards in two Internal Communications categories.
  • This acknowledgment celebrates the Corvias marketing and communications team’s exceptional efforts in support of Corvias’ inaugural leadership development program, launched in 2023.
  • (Graphic: Business Wire)
    The Ragan Awards honor outstanding achievements in communication, spotlighting the best and brightest in internal communications and employee-centric campaigns.
  • “Corvias is honored to have been named a finalist for the Ragan Awards in Internal Communications,” said Chris Wilson, CEO of Corvias.

Air Industries Group Reports Preliminary Fourth Quarter and Full-Year 2023 Financial Results and Initial 2024 Business Outlook

Retrieved on: 
Monday, April 1, 2024

Backlog, which represents the value of all undelivered funded orders received, stood at $98.3 million as of December 31, 2023, marking a 14.7% increase from 2022.

Key Points: 
  • Backlog, which represents the value of all undelivered funded orders received, stood at $98.3 million as of December 31, 2023, marking a 14.7% increase from 2022.
  • Fiscal 2023 supply chain issues related to one key program have been largely resolved, with ongoing customer deliveries planned throughout fiscal 2024.
  • The Company does not expect that the finalization of these items and the fiscal 2023 audit will have any impact on the preliminary earnings for the fourth quarter and full year of 2023 results announced in this press release.
  • As previously announced, the Company will host a conference call to discuss Q4 and FY 2023 results as well as its 2024 business outlook.

Echodyne Showcases MESA Radars at Milipol Asia-Pacific TechX Summit 2024 Amidst Expanding Footprint in the Asian Market

Retrieved on: 
Tuesday, April 2, 2024

Echodyne , the radar platform company, is pleased to announce it will be exhibiting at the Milipol Asia-Pacific TechX Summit 2024 , Asia Pacific’s largest Homeland Security event taking place at Sands Expo & Convention Centre in Singapore over April 3-5, 2024.

Key Points: 
  • Echodyne , the radar platform company, is pleased to announce it will be exhibiting at the Milipol Asia-Pacific TechX Summit 2024 , Asia Pacific’s largest Homeland Security event taking place at Sands Expo & Convention Centre in Singapore over April 3-5, 2024.
  • Echodyne’s attendance at the event is marked by increasing regional demand for the company’s patented metamaterials electronically scanned array (MESA®) radar technology.
  • Echodyne has recently expanded its Asia team to serve an expanding customer base, meet rising interest, and assist with and accelerate integrations for Partners and Customers.
  • Customers are learning that spatial accuracy is critical to overall solution performance, and Echodyne radars offer class-leading airspace precision at commercial prices.

Oceaneering to Host Investor & Analyst Day, May 9, 2024

Retrieved on: 
Monday, April 1, 2024

Oceaneering International, Inc. (NYSE:OII) announced today that it will host an invitation-only Investor & Analyst Day, Thursday, May 9, 2024 in Houston, Texas.

Key Points: 
  • Oceaneering International, Inc. (NYSE:OII) announced today that it will host an invitation-only Investor & Analyst Day, Thursday, May 9, 2024 in Houston, Texas.
  • The presentation handout will be available on the Investor Relations page of Oceaneering's website at www.oceaneering.com after market close on Wednesday, May 8, 2024.
  • Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries.
  • For more information on Oceaneering, please visit www.oceaneering.com .

CACI Schedules Fiscal Year 2024 Third Quarter Conference Call

Retrieved on: 
Monday, April 1, 2024

CACI International Inc (NYSE: CACI) will release its financial results for the third quarter of fiscal year 2024 after the market closes on April 24.

Key Points: 
  • CACI International Inc (NYSE: CACI) will release its financial results for the third quarter of fiscal year 2024 after the market closes on April 24.
  • The company will host a conference call the next morning, April 25, at 8:00 a.m. Eastern time, during which CACI’s executive leaders will discuss quarterly results followed by a question-and-answer session.
  • You can listen to the call and view the accompanying exhibits on CACI’s Investor Relations site .
  • A replay of the call will be posted and made available on caci.com for one year following the event.