Army

Beam Global Europe Conducts Seminar on Utility Scale Energy Storage: Li-ion Batteries and Financial Models

Retrieved on: 
Tuesday, March 26, 2024

The seminar will be attended by government, business and utility leaders from Serbia, Macedonia, Montenegro, Croatia and U.S. embassy officials.

Key Points: 
  • The seminar will be attended by government, business and utility leaders from Serbia, Macedonia, Montenegro, Croatia and U.S. embassy officials.
  • Beam Europe views the expansion of Beam Global’s energy storage business as a significant opportunity.
  • “Our recent UK government contract and order from the British Army demonstrate that we can win material contracts in Europe,” said Desmond Wheatley, Beam Global CEO.
  • “The enthusiasm for today’s seminar further shows that Beam Global’s products are highly relevant in Europe at the moment.

Jason Scott Joins Sectigo as Chief Information Security Officer

Retrieved on: 
Tuesday, April 9, 2024

Jason will oversee all aspects of cybersecurity at Sectigo including data, infrastructure, network, applications, and products.

Key Points: 
  • Jason will oversee all aspects of cybersecurity at Sectigo including data, infrastructure, network, applications, and products.
  • “It’s exciting to join a company that is expanding into new markets and growing as quickly as Sectigo is,” said Jason.
  • “The company’s mission to deliver the simplest, most secure, and most scalable CLM solutions make cyber hygiene and a strong security posture critical to success.
  • “We are pleased to welcome Jason to the Sectigo family,” said Sectigo Chief Product and Engineering Officer Mark Bilger .

BlueHalo to Provide U.S. Army with Full-Cycle Support for High Energy Laser Systems

Retrieved on: 
Tuesday, April 9, 2024

BlueHalo was awarded a four-year logistics support contract to provide preventative and corrective maintenance along with operator and maintenance team training for BlueHalo's P-HEL system.

Key Points: 
  • BlueHalo was awarded a four-year logistics support contract to provide preventative and corrective maintenance along with operator and maintenance team training for BlueHalo's P-HEL system.
  • This newly awarded contract establishes BlueHalo as the full-cycle lead system integrator from prototype development to frontline operations for the P-HEL system.
  • LOCUST LWS addresses the inherent need for mobility and quick deployment–tracking, identifying, and engaging of a wide variety of targets with its hard-kill high energy laser.
  • "We are excited to continue our partnership with the Army and RCCTO to support P-HEL," said Jimmy Jenkins, BlueHalo Sector President.

Ukraine war: why many Nato countries are thinking of introducing conscription and the issues that involves

Retrieved on: 
Tuesday, April 9, 2024

While hundreds of thousands of British men did, indeed, volunteer to serve in the first flush of jingoistic patriotism in 1914, the manpower well soon began to run dry.

Key Points: 
  • While hundreds of thousands of British men did, indeed, volunteer to serve in the first flush of jingoistic patriotism in 1914, the manpower well soon began to run dry.
  • Despite this, however, some form of conscription does still exist today in most European countries.
  • But as the implications of Russia’s war against Ukraine come to be better understood, introducing or extending conscription is increasingly being discussed in European Nato states.
  • But, over the past few months, political leaders in both countries have been discussing the reintroduction of forms of conscription or national service.
  • In other countries in Europe, there has traditionally been a type of “conscription-lite” in operation.
  • Sweden, which joined Nato in March, had dropped conscription in 2010 but reintroduced it in 2018 as the country prepared to join Nato.
  • Finland, the other Nordic country that has recently joined Nato, could hardly expand its conscription net any further.

Conscription extended in Ukraine

  • The country already has conscription for 18-26 year-olds but only those above 27 were actually asked to serve in combat roles (although many volunteers under 27 did as well).
  • To replace those lost in the war and to maintain the ability to rotate troops in and out of the front lines, Ukraine needs a larger pool of military manpower.
  • But casting the manpower net wider is a toxic issue in Ukraine, and as ever, such conscription is not popular.
  • Accordingly, government spokespersons moved quickly to quash any notions that conscription was on any agenda.


Rod Thornton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Grafton Wealth Advisors launches with support from LPL Strategic Wealth Services

Retrieved on: 
Monday, March 25, 2024

SAN DIEGO, March 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Sarah Grafton, William “Will” Grafton IV, CFP®, CEPA® and Dexter Grafton, CPFA™, CFA® have launched a new independent practice, Grafton Wealth Advisors , through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services .

Key Points: 
  • SAN DIEGO, March 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Sarah Grafton, William “Will” Grafton IV, CFP®, CEPA® and Dexter Grafton, CPFA™, CFA® have launched a new independent practice, Grafton Wealth Advisors , through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services .
  • They chose LPL because the Strategic Wealth Services offering provides them with the greatest flexibility and choice to build a boutique practice with a concierge service model.
  • LPL Strategic Wealth Services offers unprecedented flexibility to help advisors build an ideal practice that suits their unique business needs.
  • We look forward to a long-lasting partnership with the entire team at Grafton Wealth Advisors and are excited about what’s in store for this team.”

ManTech Wins $166 Million Defense Health Agency Contract

Retrieved on: 
Monday, March 25, 2024

HERNDON, Va., March 25, 2024 (GLOBE NEWSWIRE) -- ManTech, a leading provider of AI, cyber and mission-focused technology solutions, has won a $166 million contract to provide DevSecOps support for the Defense Health Agency’s Medical Logistics (MEDLOG) Information Technology (IT) Program Management Office.

Key Points: 
  • HERNDON, Va., March 25, 2024 (GLOBE NEWSWIRE) -- ManTech, a leading provider of AI, cyber and mission-focused technology solutions, has won a $166 million contract to provide DevSecOps support for the Defense Health Agency’s Medical Logistics (MEDLOG) Information Technology (IT) Program Management Office.
  • Under this 5-year hybrid new business/recompete win, ManTech will leverage Scaled Agile Framework (SAFe) to modernize, sustain and continue migration to AWS cloud, accelerating mission performance for a suite of systems that supports 25,000 military and civilian users and more than 940,000 daily supply requisitions.
  • “ManTech’s work will help the DHA achieve digital transformation for a large, complex suite of applications that empower Army, Navy, Air Force and the Marine Corps to rapidly provide medical services to combatants in peacetime and wartime,” said Stephen Deitz, Executive Vice President and General Manager of ManTech’s Federal Civilian Sector.
  • “We are fully aligned to supporting the client’s commitment to enable ready, reliable care anytime, anywhere through modernized, integrated and resilient medical logistics capability at home and abroad.”

Nano Dimension Announces Record 2023 Revenue of $56.3 Million and Organic Growth of 29%

Retrieved on: 
Thursday, March 21, 2024

WALTHAM, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”), today announced financial results for the fourth quarter and full year ended December 31st, 2023.

Key Points: 
  • Nano Dimension has a breadth of technologies and products assortment, yet narrow and focused span of synergistic vertical markets.
  • It is specifically designed to enable Nano Dimension to become operating income positive in 2025, and potentially cash flow positive earlier.
  • As an example, Q4/2023’s $14.5 million in revenue was 19% higher than the same period in the year before.
  • With close to $56.3 million of revenue, Nano Dimension is the fastest growing of the cohort of publicly traded AM / 3D printing companies (approximately 10-12).

Ollie’s Bargain Outlet Holdings, Inc. Reports Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024

HARRISBURG, Pa., March 20, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the fourth quarter and full-year fiscal 2023.

Key Points: 
  • Gross profit increased 27.4% to $263.0 million in the fourth quarter of fiscal 2023 from $206.5 million in the fourth quarter of fiscal 2022.
  • Gross margin increased 290 basis points to 40.5% in the fourth quarter of fiscal 2023 from 37.6% in the fourth quarter of fiscal 2022.
  • Operating income increased 44.3% to $97.7 million in the fourth quarter of fiscal 2023 from $67.7 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA(1) increased 43.2% to $110.6 million in the fourth quarter of fiscal 2023 from $77.2 million in the fourth quarter of fiscal 2022.

Sanford Heisler Sharp Files Four New Federal Tort Claims Act Administrative Complaints Against the Army and DoD on Behalf of Victims of Army Doctor Who Sexually Abused Patients

Retrieved on: 
Tuesday, March 19, 2024

The Federal Tort Claims Act is a federal statute that permits individuals to bring legal claims against federal agencies for torts committed by agency personnel.

Key Points: 
  • The Federal Tort Claims Act is a federal statute that permits individuals to bring legal claims against federal agencies for torts committed by agency personnel.
  • Prior to filing an FTCA complaint in court, the individual must first file an administrative complaint with the agency at fault.
  • Today, Sanford Heisler Sharp has initiated the FTCA legal process for four additional clients by filing administrative complaints against the Army.
  • I continue to get calls from victims with remarkably similar stories about how they were sexually violated by Dr. Stockin.

Red Cat Holdings Reports Financial Results for Fiscal Third Quarter 2024 and Provides Corporate Update

Retrieved on: 
Monday, March 18, 2024

SAN JUAN, Puerto Rico, March 18, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the second quarter ended March 18, 2024, and provides a business update.

Key Points: 
  • SAN JUAN, Puerto Rico, March 18, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the second quarter ended March 18, 2024, and provides a business update.
  • Our guidance for the upcoming fourth quarter of $7 million will be another record quarter and continued double digit sequential growth into fiscal year 2025," Thompson added.
  • “We are reporting record revenues again for the third quarter of fiscal 2024,” stated Leah Lunger, Interim Chief Financial Officer.
  • ET on Monday, March 18, 2024, to review financial results and provide an update on corporate developments.