Other Defense

Terran Orbital Reports Record 2023 Financial Results

Retrieved on: 
Monday, April 1, 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 financial results and operational highlights for the three and twelve months ended December 31, 2023.

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 financial results and operational highlights for the three and twelve months ended December 31, 2023.
  • Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital said, “I am pleased to report our company’s strong results for 2023.
  • The future of space is responsive, and Terran Orbital is well-positioned to capitalize on this growing market segment.
  • As of December 31, 2023, Terran Orbital had $71.7 million of cash on hand and approximately $313.8 million in gross debt obligations.

Rigaku Analytical Devices Awarded Funding for Year 3 of its R&D Contract from the TSA to Enhance Raman Technology for Screening

Retrieved on: 
Monday, April 1, 2024

Rigaku was originally awarded a firm fixed-price contract in September of 2021, having a one-year base period of performance with two option years for a total funding opportunity of $1.6 million.

Key Points: 
  • Rigaku was originally awarded a firm fixed-price contract in September of 2021, having a one-year base period of performance with two option years for a total funding opportunity of $1.6 million.
  • The TSA Alarm Resolution Program was formed in 2018 when the TSA identified capability gaps in primary screening procedures and the need to evaluate next-generation solutions.
  • By utilizing 1064 nm Raman technology, Rigaku CQL analyzers have the ability to analyze dirty, colored or mixed materials – even through translucent packaging – without fluorescence interference.
  • “The extension of this contract into its third year allows the Rigaku Raman technology continued field data collections to enhance and test the technology,” said Mathew Lynch, President of Rigaku Analytical Devices.

CAES Honored with Northrop Grumman Supplier Excellence Award

Retrieved on: 
Monday, April 1, 2024

CAES , a leading provider of mission-critical advanced technology, is excited to announce that it has been recognized by Northrop Grumman Corporation as a top supplier in Performance Excellence for 2023 with a Supplier Excellence Award.

Key Points: 
  • CAES , a leading provider of mission-critical advanced technology, is excited to announce that it has been recognized by Northrop Grumman Corporation as a top supplier in Performance Excellence for 2023 with a Supplier Excellence Award.
  • The award was given by three Northrop Grumman Sectors - Mission Systems, Defense Systems, and Space Systems - for excellent performance at CAES Defense Systems.
  • CAES was honored as one of more than 70 top suppliers from Northrop Grumman’s network of partners.
  • View the full release here: https://www.businesswire.com/news/home/20240401205560/en/
    CAES has been recognized by Northrop Grumman Corporation as a top supplier.

L3Harris Sets Date for First Quarter 2024 Earnings Release

Retrieved on: 
Monday, April 1, 2024

L3Harris Technologies (NYSE:LHX) will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.
  • The company’s results will be published in an earnings release and made available at L3Harris.com .
  • The company will host a call on Friday, April 26, 2024, at 8:30 a.m.
  • The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) +1 201-389-0877, and participants will be directed to an operator.

Cyberlux Corporation (OTC: CYBL) Releases 2023 Annual Report of Financial and Operational Results

Retrieved on: 
Monday, April 1, 2024

Cyberlux Corporation CEO Mark Schmidt commented on the results: “2023 proved to be a noteworthy year with the strategic restructuring of all Cyberlux business units.

Key Points: 
  • Cyberlux Corporation CEO Mark Schmidt commented on the results: “2023 proved to be a noteworthy year with the strategic restructuring of all Cyberlux business units.
  • This initiative aimed to streamline operations and enhance the company's ability to deliver high-quality products and services to our customers.
  • The company reported the operations of these subsidiaries as a discontinued operation in the 2023 and 2022 financial statements.
  • For more information, please read the full 2023 Annual Report: https://www.otcmarkets.com/otcapi/company/financial-report/396408/content .

Palantir to Deliver Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype to the Defense Information Systems Agency (DISA)

Retrieved on: 
Friday, March 29, 2024

Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to deliver an Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype.

Key Points: 
  • Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to deliver an Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype.
  • This effort will provide the Department of Defense with a cutting-edge software capability to support Joint Electromagnetic Spectrum Operations (JEMSO).
  • The award of prototype Other Transaction Authority (OTA) Agreement is worth $9.8 million over twelve months.
  • This Impact Level 6, web-based EMBM-J DS prototype will also integrate with Service tools and processes for Electromagnetic Battle Management, maximizing interoperability and coordination across the joint force.

Global Armored Vehicles Market Top Player Analysis: Strong Global Demand for Armored Vehicles geared towards Fleet Recapitalization & Growth, Capabilities Advancement and Modernization - ResearchAndMarkets.com

Retrieved on: 
Friday, March 29, 2024

The demand for armored vehicles has seen a major surge with their extensive utilization during the ongoing Russia-Ukraine war.

Key Points: 
  • The demand for armored vehicles has seen a major surge with their extensive utilization during the ongoing Russia-Ukraine war.
  • However, any further, major potential shock at this time could send the global economy spiraling down into a recessionary cycle.
  • The report provides a Comparative SWOT Analysis and Comprehensive Insights into the Global Top 5 Armored Vehicles Manufacturers with focus on a blend of quantitative & qualitative analysis.
  • The report provides detailed analysis on the Global Top 5 Armored Vehicle OEMs, including:

Ministry of Education and Science of Ukraine and Palantir Partner to Create Safe Conditions for In-Person Education in Schools

Retrieved on: 
Thursday, March 28, 2024

The Ministry of Education and Science, along with Palantir (NYSE:PLTR), a leading provider of AI systems, have signed an agreement.

Key Points: 
  • The Ministry of Education and Science, along with Palantir (NYSE:PLTR), a leading provider of AI systems, have signed an agreement.
  • The main goal is to facilitate qualitative transformations in the field of education and ensure the maximum number of children have access to safe in-person learning.
  • The agreement, initially for 12 months, will support the Government’s official School Offline initiative which aims to provide 300,000 more Ukrainian pupils with safe access to a school.
  • Research estimates that more than 40 percent of children in Ukraine are relying on online or hybrid learning due to the war.

Gresham Worldwide, Inc. Announces New Head of Israeli Defense Subsidiary

Retrieved on: 
Thursday, March 28, 2024

Gresham Worldwide, Inc. (OTCQB: GIGA) (“Gresham Worldwide”) today announced the appointment of Nissim Ovadia as Chief Executive Officer of Enertec Systems 2001, Ltd. (“Enertec”), its defense industry and medical device engineering subsidiary.

Key Points: 
  • Gresham Worldwide, Inc. (OTCQB: GIGA) (“Gresham Worldwide”) today announced the appointment of Nissim Ovadia as Chief Executive Officer of Enertec Systems 2001, Ltd. (“Enertec”), its defense industry and medical device engineering subsidiary.
  • Prior to his appointment as CEO, Mr. Ovadia served concurrently as CFO and COO and was responsible for the full financial and operations management of Enertec.
  • A subsidiary of Gresham Worldwide, Enertec Systems 2001, Ltd. provides turnkey integrated test systems and multi-purpose specialized electronic systems for the defense and medical device industries.
  • and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties refer to the corporate website www.greshamworldwide.com .

ECS Cyber Ops Leader Adam Tischler Awarded Elastic’s 2023 Certified Professional of the Year

Retrieved on: 
Thursday, March 28, 2024

ECS, a leader in advanced technology, science, and engineering solutions, announced today that Adam Tischler , cyber operations leader at ECS, has been recognized as the 2023 Certified Professional of the Year by Elastic.

Key Points: 
  • ECS, a leader in advanced technology, science, and engineering solutions, announced today that Adam Tischler , cyber operations leader at ECS, has been recognized as the 2023 Certified Professional of the Year by Elastic.
  • Used across the federal and commercial sectors for security, observability, analysis, and data visualization, Elastic is the leading platform for search powered solutions.
  • Tischler has achieved every available Elastic certification: Elastic Certified Engineer (ECE), Elastic Certified Analyst (ECA), and Elastic Certified Observability Engineer (ECOE).
  • “Adam is a key leader on our CISA CDM team, not only in helping develop the platform, but training and mentoring his teammates.”
    “I'm honored to be named Elastic's Certified Professional of the Year,” said Tischler.