Maintenance (technical)

VSE Corporation Announces Strategic Actions to Expand Aviation Aftermarket and Enhance Growth and Profitability

Retrieved on: 
Thursday, February 29, 2024
Other Defense, Contracts, Defense, Trucking, Engineering, Maritime, Air, Automotive Manufacturing, Transport, Aerospace, Manufacturing, Logistics, Supply Chain Management, Acquisition, Jefferies Group, OEM, Partnership, Growth, Original equipment manufacturer, Sale, Disclosure, MRO, History, Fleet, Strategy, Federal, TCI, FDS, Maintenance (technical)

VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announces three significant strategic actions to transform its portfolio and strengthen its position in the Aviation aftermarket.

Key Points: 
  • VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announces three significant strategic actions to transform its portfolio and strengthen its position in the Aviation aftermarket.
  • “Today marks another important milestone in the execution of VSE’s transformation,” said John Cuomo, President and CEO of VSE Corporation.
  • VSE has initiated a process to explore and evaluate strategic alternatives involving the Company’s Fleet segment with a view to enhance shareholder value (the “Strategic Process”).
  • Jefferies LLC has been engaged as the financial advisor in connection with this Strategic Process.

Boca Bearings Revolutionizes Industrial Machinery Performance with Cutting-Edge Machine Tool Bearings

Retrieved on: 
Saturday, March 9, 2024
ISO, ABEC, Maintenance (technical)

BOYNTON BEACH, Fla., March 9, 2024 /PRNewswire-PRWeb/ -- Machine Tool Bearings are an indispensable component of industrial machinery, and Boca Bearings is leading the charge in enhancing performance and reliability with their innovative solutions.

Key Points: 
  • Machine Tool Bearings are an indispensable component of industrial machinery, and Boca Bearings is leading the charge in enhancing performance and reliability with their innovative solutions.
  • BOYNTON BEACH, Fla., March 9, 2024 /PRNewswire-PRWeb/ -- Machine Tool Bearings are an indispensable component of industrial machinery, and Boca Bearings is leading the charge in enhancing performance and reliability with their innovative solutions.
  • "Its extensive range of Standard and Ceramic Hybrid Machine Tool Bearings sets Boca Bearings apart."
  • For more information on how Boca Bearings' Machine Tool Bearings can elevate the performance of industrial machinery, please visit their website at www.bocabearings.com or contact the customer service team at [email protected] .

USSOCOM Awards OTA Agreement to Beacon AI to Improve Aircraft Routing and Safety

Retrieved on: 
Thursday, February 22, 2024
Command, USSOCOM, Aircraft, Beacon, Weather, Artificial intelligence, AI, Intelligence, R2-D2, Aviation, United States Navy, AIR, OTA, Partnership, Maintenance (technical)

MACDILL AIR FORCE BASE, Fla., Feb. 22, 2024 /PRNewswire/ --  Beacon AI, an artificial intelligence aviation technology company, was awarded a Phase 2 prototype Other Transaction Authority (OTA) agreement from U.S. Special Operations Command to enhance their AI copilot assistant to optimize aircraft operations and improve aircraft route selection.

Key Points: 
  • MACDILL AIR FORCE BASE, Fla., Feb. 22, 2024 /PRNewswire/ --  Beacon AI, an artificial intelligence aviation technology company, was awarded a Phase 2 prototype Other Transaction Authority (OTA) agreement from U.S. Special Operations Command to enhance their AI copilot assistant to optimize aircraft operations and improve aircraft route selection.
  • Beacon AI has made significant strides in the field of artificial intelligence for aviation.
  • They have developed an AI copilot system to enhance flight safety and efficiency, effectively building a real-world `R2-D2` assistant to aid pilots.
  • The partnership between USSOCOM and Beacon AI underscores an alignment and commitment to boost mission success, aircraft safety, and operational productivity through advanced technology integration into military operations.

RTX's Pratt & Whitney Opens Expansion Site at Eagle Services Asia Facility in Singapore

Retrieved on: 
Monday, February 19, 2024
Cobot, HPC, Pratt & Whitney, GTF, SIA, RTX, SIA Engineering Company, Safety, MRO, Engineering, Automation, Machine learning, ESA, Robotics, IHI, Maintenance (technical)

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).
  • ESA, a joint venture between SIA Engineering Company and Pratt & Whitney, is a member of the Pratt & Whitney GTF™ MRO network.
  • In 2023, Pratt & Whitney announced three GTF MRO facility expansions and six shop activations to support the growing GTF fleet.
  • The GTF MRO network is part of Pratt & Whitney EngineWise® solutions, which provide operators with a full range of aftermarket services resulting in long-term, sustainable value.

RTX's Pratt & Whitney announces full operations of Singapore Technology Accelerator

Retrieved on: 
Monday, February 19, 2024
Pratt & Whitney, Artificial intelligence, Investment, Aviation, RTX, STA, MRO, Automation, Machine learning, EDB, Fourth Industrial Revolution, Maintenance (technical)

SINGAPORE, Feb. 18, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) 

Key Points: 
  • Pratt & Whitney, an RTX (NYSE: RTX) business announced today the significant progress in advancing maintenance, repair, and overhaul (MRO) performance spearheaded by the opening of its Singapore Technology Accelerator (STA).
  • In September 2022, Pratt & Whitney announced the intent to establish the technology accelerator in collaboration with the Singapore Economic Development Board (EDB).
  • Applied across four Pratt & Whitney Singapore-based MRO facilities, STA technology projects focus on automation, advanced inspection, connected factory and digital twin, developed to improve MRO shop performance.
  • "We will continue working with MRO facilities and centers of excellence in Singapore and throughout the network to deliver more technology insertion projects.

Americase to Showcase Cutting-Edge Protection Containers at HAI HELI-EXPO 2024

Retrieved on: 
Thursday, February 15, 2024
OEM, ROI, Original equipment manufacturer, Safety, MRO, Maintenance (technical)

WAXAHACHIE, Texas, Feb. 15, 2024 /PRNewswire/ -- Americase will exhibit premier protective containers at booth #2400, including Helicopter Blade Case, custom-engineered and extensively tested to protect rotor blades from damage during shipping or storage; Main Rotorhead Case which provides a fully form-fitted interior and a robust, sealed, welded aluminum construction; and Helicopter Engine Case custom-designed to mechanically hold and protect the cargo against shocks and vibrations.

Key Points: 
  • "Every case we craft at Americase stands as a testament to our dedication to innovation and quality," said Mike McGowan, VP of Industrial Sales.
  • "As leaders in the design and manufacture of the world's best protective containers, we understand the critical nature of our products in the aviation industry.
  • The HAI HELI-EXPO is the perfect platform to demonstrate how Americase solutions safeguard valuable assets, contributing to safer skies and more efficient operations for our OEM and MRO partners."
  • Americase has established a track record of designing and manufacturing innovative protection cases that meet and exceed the rigorous demands of the aviation sector.

MRO Is 2024 Best in KLAS for Release of Information

Retrieved on: 
Thursday, February 8, 2024
Collection, EMR, Trust, Acquisition, Annual report, Software, Feedback, Human, MRO, Hospital, Health, Research, ROI, Information services, Letter, Health information management, Maintenance (technical)

NORRISTOWN, Pa., Feb. 8, 2024 /PRNewswire/ -- MRO Corp (MRO), the leading clinical data exchange company in healthcare, has been named 2024 Best in KLAS for the release of information (ROI) services market segment as part of the 2024 Best in KLAS: Software and Services report. In addition to achieving the top overall performance score, MRO received A's across all five customer excellence pillars included in the annual report – loyalty, operations, services, relationship and value.

Key Points: 
  • For the tenth time, MRO outperforms the competition in every category for release of information services and software in the 2024 Best in KLAS report.
  • NORRISTOWN, Pa., Feb. 8, 2024 /PRNewswire/ -- MRO Corp (MRO), the leading clinical data exchange company in healthcare, has been named 2024 Best in KLAS for the release of information (ROI) services market segment as part of the 2024 Best in KLAS: Software and Services report.
  • "Being the top release of information performer for ten of the past eleven years is incredibly exciting, but I have to thank our clients.
  • The 2024 Best in KLAS report includes performance indicators to help provide better context and transparency of vendor performance.

Joby Receives Part 145 Maintenance Certificate from FAA

Retrieved on: 
Thursday, February 8, 2024
Alternative Vehicles, Fuels, Other Transport, Technology, EV, Electric Vehicles, Automotive, Air, Transport, Drones, Aerospace, Manufacturing, Multimedia, Aviation, Noise, Joby, Aviation High School, Aircraft, MRO, Radio, Part, Student, Joby Aviation, Maintenance (technical)

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby’s electric air taxi service.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has received its Part 145 Repair Station Certificate from the FAA, qualifying the Company to perform select maintenance activities on aircraft and marking another key step on the path to commercializing Joby’s electric air taxi service.
  • View the full release here: https://www.businesswire.com/news/home/20240208659126/en/
    Joby’s all-electric aircraft in flight above Marina, California.
  • Joby Aviation photo
    Joby is believed to be the first eVTOL developer to receive a Part 145 Certificate from the FAA, which will lay the foundation for Joby to perform maintenance, repair, and overhaul (MRO) services on its eVTOL aircraft once it is certified for commercial operations.
  • The certificate also allows Joby to provide paid on-the-job training to aspiring aircraft technicians.

WiMi Optimized Cloud Task Scheduling in Cloud Computing Using Group Intelligence Algorithms

Retrieved on: 
Thursday, February 1, 2024
Cloud, Nature, PSO, Intelligence, History, Bird, Holography, Augmented reality, WIMI, Behavior, Algorithm, Cloud computing, Maintenance (technical)

Beijing, Feb. 01, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it optimized cloud task scheduling using group intelligence algorithms.

Key Points: 
  • Beijing, Feb. 01, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it optimized cloud task scheduling using group intelligence algorithms.
  • Using group intelligence algorithms to solve cloud task scheduling problems can improve task execution efficiency and resource utilization.
  • In cloud task scheduling, the use of population intelligence algorithms can view tasks and resources as individuals in a group, and find the optimal task scheduling solution through collaboration and competition among individuals.
  • The group intelligence algorithm can be applied to different aspects of cloud task scheduling, such as task allocation, task scheduling, and task execution.

Navy Awards Sayres Defense $280M Prime Contract

Retrieved on: 
Wednesday, January 31, 2024
PMS, Maintenance (technical)

WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Sayres Defense, a leading provider of systems engineering and mission support services to the Department of Defense, was awarded a prime, full and open contract by the Department of Navy to support NAVSEA through the PMS 300/PMS 325 Professional Support Services contract.

Key Points: 
  • WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- Sayres Defense, a leading provider of systems engineering and mission support services to the Department of Defense, was awarded a prime, full and open contract by the Department of Navy to support NAVSEA through the PMS 300/PMS 325 Professional Support Services contract.
  • The single award contract has a one-year base period of performance, four one-year options, and a total contract value of $280M if all options are exercised.
  • Under this new contract, Sayres will partner with the Navy and industry teammates to deliver program management, engineering support, logistics management, concept design and analysis, and post delivery services.
  • "Sayres is proud of the decades of support we have provided to the Navy, and we are honored to have been selected to support NAVSEA's critical PMS 300 and PMS 325 missions."