U.S. Navy Diving Manual

Aquyre Biosciences Announces Appointment of Gregory Bowles as President and CEO

Retrieved on: 
Tuesday, December 5, 2023

Aquyre Biosciences, Inc. today announced the appointment of Gregory Bowles as President, Chief Executive Officer and member of the Board of Directors.

Key Points: 
  • Aquyre Biosciences, Inc. today announced the appointment of Gregory Bowles as President, Chief Executive Officer and member of the Board of Directors.
  • At Intuitive Surgical during its early years, he was the Capital Sales Manager where he sold the daVinci Robot in Michigan.
  • Greg’s first startup was EndoGastric Solutions where he held positions as Regional Manager and later as Vice President of Sales.
  • While at Aquyre Biosciences, Greg was the Senior Vice President of Sales and Marketing and has been instrumental in building the company’s commercialization efforts.

Leonardo DRS Hybrid Electric Drive Propulsion System Successful in Republic of Korea Navy Sea Trials of First Ulsan-Class Frigate

Retrieved on: 
Monday, November 20, 2023

Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful completion of comprehensive sea trials of the first Ulsan-Class Future Frigate experimental Batch-3 (FFX-III) for the Republic of Korea Navy (ROK Navy).

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today the successful completion of comprehensive sea trials of the first Ulsan-Class Future Frigate experimental Batch-3 (FFX-III) for the Republic of Korea Navy (ROK Navy).
  • DRS provides the hybrid electric drive propulsion system for the ship, featuring quiet, compact, advanced permanent magnet propulsion motors, supporting the ship’s anti-submarine warfare (ASW) mission with less noise generation and superior fuel economy.
  • This sea trial follows the delivery of eight shipsets for the Daegu-Class FFX-II.
  • Investments in the company’s market-leading propulsion and power generation technology have created opportunities to use proven electric drive capabilities for future naval platforms.

Andrew Mueller Joins Crowley as Vice President, Government Relations

Retrieved on: 
Tuesday, November 28, 2023

JACKSONVILLE, Fla., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Andrew Mueller has joined Crowley as vice president of government relations where he will be leading the company's activities at the federal level with members of Congress and the Administration. His leadership will strengthen the company's advocacy for laws, policies, and regulations that support the comprehensive array of Crowley's business strategy and growth.

Key Points: 
  • Mueller joins Crowley with more than 20 years of in-depth experience in federal advocacy and strong expertise in defense and national security.
  • JACKSONVILLE, Fla., Nov. 28, 2023 /PRNewswire-PRWeb/ -- Andrew Mueller has joined Crowley as vice president of government relations where he will be leading the company's activities at the federal level with members of Congress and the Administration.
  • Mueller joins Crowley with more than 20 years of in-depth experience in federal advocacy and strong expertise in defense and national security.
  • "He will be a great addition to VP of Global Government Relations Clay Heil's team to further advance our partnership with the government and military at home and abroad.

U.S. Navy Funds Mercury to Develop Photonics Chiplet Manufacturing Capability for Defense Applications

Retrieved on: 
Thursday, November 2, 2023

Compared to conventional copper connections, photonics uses optical fibers to enable orders of magnitude improvement in data bandwidth at a fraction of the power needed.

Key Points: 
  • Compared to conventional copper connections, photonics uses optical fibers to enable orders of magnitude improvement in data bandwidth at a fraction of the power needed.
  • These chiplet devices use optical technology to move data through systems such as data centers at speeds in excess of a terabyte per second.
  • Mercury plans to develop miniaturized and ruggedized packages using photonics chiplets for defense applications to allow edge sensor data to be ingested much faster, enabling faster decision-making in next-generation radar and electronic warfare systems.
  • “We are excited to partner with the Navy to bring this game-changing commercial technology to the defense community,” said Tom Smelker, Mercury’s GM of Microsystems.

V2X Announces Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023

MCLEAN, Va., Nov. 6, 2023 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced third quarter 2023 financial results.

Key Points: 
  • "We achieved record revenue in the third quarter of approximately $1 billion, which demonstrates our unwavering commitment to our clients and the missions we support," said Chuck Prow, President and Chief Executive Officer of V2X.
  • "At the end of the quarter, net debt for V2X was $1,131.8 million.
  • Given third-quarter results and our outlook, we are lowering the ranges for adjusted EBITDA and adjusted diluted EPS.
  • This change incorporates year-to-date results, including the program performance mentioned earlier and timing of activities associated with national security support.

Graham Corporation Receives $110 Million in Orders in October 2023; Includes Follow-On Orders For Critical U.S. Navy Programs

Retrieved on: 
Wednesday, November 1, 2023

The Company received approximately $110 million in total orders in October 2023, which were primarily related to follow-on orders for critical U.S. Navy programs.

Key Points: 
  • The Company received approximately $110 million in total orders in October 2023, which were primarily related to follow-on orders for critical U.S. Navy programs.
  • These defense orders are expected to be recognized in revenue beginning in the fourth quarter of fiscal 2025 through early fiscal 2030.
  • The follow-on orders received this month continue to validate our key role in the Columbia Class submarine and Ford Class carrier programs.
  • These programs are essential for the future safety and security of our country and the team at Graham recognizes the vital role our equipment plays and the necessity to deliver essential components to our customers.”

The Inner Circle Acknowledges James Geisbush as a Top Pinnacle Professional for his contributions to the Engineering Field

Retrieved on: 
Friday, October 27, 2023

GLENDALE, Ariz., Oct. 27, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, James Geisbush is acknowledged as a Top Pinnacle Professional for his contributions to the Engineering Field.

Key Points: 
  • GLENDALE, Ariz., Oct. 27, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, James Geisbush is acknowledged as a Top Pinnacle Professional for his contributions to the Engineering Field.
  • Mr. Geisbush began his scholarship journey at Washington State University in 1990 where he earned a Bachelor of Science in Civil Engineering.
  • Mr. Geisbush has exceptional experience in the field of Civil Engineering.
  • Adding to his diverse work history, Mr. Geisbush began his engineering career with the U.S. Navy in facilities maintenance.

Chart Industries Divests American Fan to Fairbanks Morse Defense

Retrieved on: 
Friday, October 27, 2023

ATLANTA, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced that it simultaneously signed and closed on the divestiture of its American Fan business to Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, for an all-cash purchase price of $111 million yesterday.

Key Points: 
  • ATLANTA, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced that it simultaneously signed and closed on the divestiture of its American Fan business to Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, for an all-cash purchase price of $111 million yesterday.
  • The purchase price represents multiples in line with prior Chart transactions.
  • American Fan designs, manufactures, and services high-performance axial and centrifugal fans for enduring U.S. Navy, Military Sealift Command, and U.S. Coast Guard platforms and specialty industrial applications.
  • All employees of American Fan will be offered the opportunity to continue employment with FMD.

HII is Awarded $244 Million Contract to Integrate Minotaur Software Products into Maritime Platforms

Retrieved on: 
Tuesday, October 17, 2023

MCLEAN, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $244 million task order to integrate Minotaur software products into maritime platforms for the U.S. Navy, U.S. Marine Corps and U.S. Coast Guard.

Key Points: 
  • MCLEAN, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $244 million task order to integrate Minotaur software products into maritime platforms for the U.S. Navy, U.S. Marine Corps and U.S. Coast Guard.
  • HII was awarded this contract under the Department of Defense (DoD) Information Analysis Center’s (IAC) multiple-award contract (MAC) vehicle.
  • Under the Naval Air Systems Command task order, HII will perform research, development, test and evaluation to facilitate the integration of Minotaur Family of Services products into the services’ maritime platforms to meet intelligence, surveillance and reconnaissance warfighting requirements.
  • HII has been the first and only industry prime developer of Minotaur since the program was first awarded to industry in 2020.

FDA Accepts Defender Pharmaceuticals’ New Drug Application for Intranasal Scopolamine Gel

Retrieved on: 
Tuesday, September 26, 2023

The NDA submission was based on a multi-study clinical development program, including overwhelmingly positive results from the Company’s most recently completed Phase 3 study of DPI-386 Nasal Gel (the ---33 study).

Key Points: 
  • PDUFA date of January 26th, 2024
    Submission based on five Phase III clinical trials, including overwhelmingly positive results from the -33 Phase 3 study
    ST. LOUIS, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Defender Pharmaceuticals, Inc. (the “Company” or “Defender”), a privately held life sciences company based in St. Louis, today announced that the U.S. Food and Drug Administration (FDA) has accepted the Company’s New Drug Application (NDA) submission for intranasally administered scopolamine gel (DPI-386 Nasal Gel).
  • The FDA has granted priority review status for the NDA, at the request of the U.S. Navy, and the Prescription Drug User Fee Act (PDUFA) action date, by when the FDA is anticipated to render a decision on the submission, is set for January 26th, 2024.
  • “Further, that the FDA has granted Priority Review status is a testament to the often underrecognized significance of preventing motion associated symptoms to ensure optimal operational performance during mission critical activities.
  • We now look forward to active engagement and ongoing dialogue with the FDA as they conduct all aspects of their review.