AGC Aerospace & Defense

TSS Solutions Opens Office in Oklahoma City

Retrieved on: 
Wednesday, March 27, 2024

TSS Solutions, an Acorn Growth Company, has established a new office in Oklahoma City, OK, the company announced today.

Key Points: 
  • TSS Solutions, an Acorn Growth Company, has established a new office in Oklahoma City, OK, the company announced today.
  • “Innovation, talent, and key research partnerships are pillars within TSS’s growth framework that maximizes our warfighter support,” said Don DiFrisco, TSS Solutions President and CEO.
  • “Acorn’s defense portfolio continues to expand and provide tangible, effects-based solutions to our warfighters and partner nations,” said Rick Nagel, Managing Partner, Acorn Growth Companies.
  • The team at TSS Solutions proudly supports the United States and its allies who protect national interests and preserve freedom and stability around the world.

Berry Aviation Secures Key Role in $946 Million Contract to Strengthen Sustainment Solutions for the U.S. Army

Retrieved on: 
Thursday, February 15, 2024

SAN MARCOS, Texas, Feb. 15, 2024 /PRNewswire/ -- Berry Aviation, Inc (BAI) has been awarded a subcontract and key role on a $946 million dollar contract supporting the U.S. Army.

Key Points: 
  • SAN MARCOS, Texas, Feb. 15, 2024 /PRNewswire/ -- Berry Aviation, Inc (BAI) has been awarded a subcontract and key role on a $946 million dollar contract supporting the U.S. Army.
  • The contract, awarded to Amentum Services Inc. (Amentum) as the prime, includes the modernization, integration, and sustainment of a fleet of 150 fixed wing aircraft.
  • BAI, a member of Acorn Growth Companies, is headquartered in San Marcos, TX.
  • Acorn Growth Companies (AGC) is a middle market private equity firm focused exclusively on Aerospace, Defense, Space, and Intelligence.

TSS Solutions Appoints Gary Ambrose as COO

Retrieved on: 
Wednesday, January 31, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131551257/en/
    “Gary is bringing over three decades of aviation and defense expertise into TSS Solutions, and we welcome his leadership and drive to assist TSS with rapid technology insertions that add value to our existing RADAR portfolio,” says Don DiFrisco, TSS Solutions President and CEO.
  • TSS Solutions serves the global defense, telecommunications, and commercial industries.
  • The Company is committed to building innovative products and delivering world-class engineering and technical services to support customers' missions globally.
  • The men and women of TSS Solutions are proud to support the United States and its allies who protect national interests and preserve freedom and stability around the world.

Group of Concerned Investors in Terran Orbital Call For Immediate Separation of Chairman and CEO Roles at Company and Installation of New Highly Qualified CEO

Retrieved on: 
Tuesday, December 12, 2023

“Accordingly, we reiterate our call for Terran’s Board to immediately separate the role of CEO and Chairman and install a new CEO with demonstrable industry experience and a track record of outperformance, who can turn around the operational, cultural, and capital allocation issues plaguing the Company. We believe that a new CEO, namely our identified CEO candidate--who, for the avoidance of doubt is not a former employee of the Company—will help Terran to attract the needed capital on favorable terms, minimizing future dilution to stockholders and providing prospective customers and employees with the confidence to conduct business with the Company going forward. In addition, we believe, if installed, our CEO candidate would attract and retain additional world class talent. Mr. Bell has also stated publicly that Jefferies is ‘exploring all possibilities,’ though this cannot be true without engaging with our CEO candidate and the Concerned Investor Group.

Key Points: 
  • However, the events over the past 24 hours have made it abundantly clear to us that Marc Bell is not fit to be CEO of Terran.
  • Later that day, in an all-employee meeting, Mr. Bell stated, as reported by TechCrunch, that the Company was indeed not for sale.
  • Mr. Bell has also stated publicly that Jefferies is ‘exploring all possibilities,’ though this cannot be true without engaging with our CEO candidate and the Concerned Investor Group.
  • The company recently sued one of the Sophis idiots and we will be suing them all in due course.

LocatorX Tags Industry Veteran Laura Garrison as Next CTO, Advancing Its Intelligent IoT Platform

Retrieved on: 
Tuesday, November 14, 2023

With a distinguished career of transformative success, Garrison will drive the company’s product strategy through its next phase of advancement and growth.

Key Points: 
  • With a distinguished career of transformative success, Garrison will drive the company’s product strategy through its next phase of advancement and growth.
  • LocatorX’s trusted intelligent IoT platform harnesses the power of the data it collects through the unique digital fingerprint it assigns to every individual product and/or asset.
  • LocatorX specializes in IoT for MedTech, Life Sciences, Pharmaceuticals, Manufacturing, Aerospace, and Defense.
  • Chester and team have laid the groundwork for an impactful new phase for LocatorX,” commented Garrison.

Global Laser Trackers Strategic Market Report 2023-2030: Precision Parts Manufacturing and Automation Adoption in Automotives Fuels Expansion

Retrieved on: 
Monday, December 11, 2023

DUBLIN, Dec. 11, 2023 /PRNewswire/ -- The "Laser Trackers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 11, 2023 /PRNewswire/ -- The "Laser Trackers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The report on laser trackers and laser technology offers a comprehensive overview of this industry.
  • It begins with an introduction to laser technology and laser trackers, highlighting their advantages and applications.
  • The competitive scenario in the laser trackers market is explored, with an assessment of global key competitors' market share in 2022.

Valence Surface Technologies Appoints Edward Dolanski to its Board of Directors

Retrieved on: 
Tuesday, December 5, 2023

EL SEGUNDO, Calif., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.

Key Points: 
  • Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.
  • EL SEGUNDO, Calif., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.
  • Mr. Dolanski is a seasoned leader with a proven track record of success in the aerospace & defense industry.
  • He has an extensive background in aerospace & defense operations, business development, and corporate strategy and is widely recognized for his contributions to the industry.

Global Packaging Automation Market Report 2023: Market to Reach $108.2 Billion by 2030 - Smart Packaging and Increased Need For Sustainable and Eco-Friendly Packaging Driving Adoption

Retrieved on: 
Thursday, November 23, 2023

The global packaging automation market is expected to reach $108.2 billion by 2030, at a CAGR of 9.8% from 2023 to 2030

Key Points: 
  • The global packaging automation market is expected to reach $108.2 billion by 2030, at a CAGR of 9.8% from 2023 to 2030
    The Packaging Automation Market report provides in-depth analysis of packaging automation market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.
  • Integration of advanced technologies and smart packaging are major trends in the packaging automation market.
  • In 2023, the solutions segment is expected to account for the larger share of the global packaging automation market.
  • Who are the local emerging players in the global packaging automation market, and how do they compete with the other players?

Blitzer, Clancy & Company Named Investment Banking Firm of the Year at The 22nd Annual M&A Advisor Awards

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Blitzer, Clancy & Company, a global leader in investment banking, growth consulting and strategic advisory services, was named "Investment Banking Firm of the Year" at the 22nd Annual M&A Advisor Awards.

Key Points: 
  • NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Blitzer, Clancy & Company, a global leader in investment banking, growth consulting and strategic advisory services, was named "Investment Banking Firm of the Year" at the 22nd Annual M&A Advisor Awards.
  • A benchmark for dealmaking excellence, the M&A Advisor Awards recognize leading transactions, firms and individuals.
  • The judging panel of Independent Industry professionals selected Blitzer, Clancy & Company from a group of eight finalists.
  • "This recognition is a testament to our ability to navigate the uncertainties of the evolving global marketplace and consistently deliver outstanding client results," said Michael Blitzer, Partner at Blitzer, Clancy & Company.

Blitzer, Clancy & Company Named Investment Banking Firm of the Year at The 22nd Annual M&A Advisor Awards

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Blitzer, Clancy & Company, a global leader in investment banking, growth consulting and strategic advisory services, was named "Investment Banking Firm of the Year" at the 22nd Annual M&A Advisor Awards.

Key Points: 
  • NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Blitzer, Clancy & Company, a global leader in investment banking, growth consulting and strategic advisory services, was named "Investment Banking Firm of the Year" at the 22nd Annual M&A Advisor Awards.
  • A benchmark for dealmaking excellence, the M&A Advisor Awards recognize leading transactions, firms and individuals.
  • The judging panel of Independent Industry professionals selected Blitzer, Clancy & Company from a group of eight finalists.
  • "This recognition is a testament to our ability to navigate the uncertainties of the evolving global marketplace and consistently deliver outstanding client results," said Michael Blitzer, Partner at Blitzer, Clancy & Company.