Defense Systems

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.

Amentum Awarded $946M Contract to Manage U.S. Army Fixed Wing Aircraft Fleet Used in Transport Missions

Retrieved on: 
Monday, January 15, 2024

Amentum was awarded a $946 million contract to provide complete system maintenance and modernization solutions for the U.S. Army’s government-owned fixed wing transport aircraft fleet.

Key Points: 
  • Amentum was awarded a $946 million contract to provide complete system maintenance and modernization solutions for the U.S. Army’s government-owned fixed wing transport aircraft fleet.
  • Leveraging advanced technologies and best practices, the company will provide life-cycle transport aircraft system modernization, integration, logistical and operational solutions, as well as pilot services and management processes.
  • The Army’s transport fleet includes C-12, C-26, T-6, and UC-35 aircraft.
  • To ensure a technical advantage, Amentum can incorporate the use of its Augmented Reality Remote Expert™ offering and other maintenance-augmenting technologies.

Election 2024: Spotlight on Manufacturing Primary Voters In Iowa, New Hampshire, South Carolina, Nevada And Michigan Weigh In On AI, Robotics And Automation In New Xometry, Zogby Strategies Poll

Retrieved on: 
Thursday, January 11, 2024

“As we enter the 2024 election season, the mandate of voters is clear,” said Randy Altschuler, Xometry CEO.

Key Points: 
  • “As we enter the 2024 election season, the mandate of voters is clear,” said Randy Altschuler, Xometry CEO.
  • Similarly, voters say manufacturing is overwhelmingly important to the nation’s economy, with 87% of voters in South Carolina and Michigan each saying so, followed by Iowa (85%) and New Hampshire and Nevada (83% each).
  • Voters in each of the states also overwhelmingly agree that rebuilding America’s manufacturing infrastructure requires advanced tech (automation, robotics and AI), led by 77% of New Hampshire voters saying so, followed by South Carolina (75%); Iowa (74%); Nevada (72%) and Michigan (71%).
  • “Long-term tracking of this phenomenon points to a burgeoning desire for a manufacturing resurgence.”

nLIGHT Announces $34.5 Million Contract for DE M-SHORAD Laser Weapon System

Retrieved on: 
Monday, November 27, 2023

nLIGHT is serving as a subcontractor to KORD Technologies, LLC as prime contractor in support of this effort.

Key Points: 
  • nLIGHT is serving as a subcontractor to KORD Technologies, LLC as prime contractor in support of this effort.
  • Compared to conventional heavy kinetic weapons, directed energy laser weapons can offer deeper magazines with lower cost-per-shot in a smaller footprint.
  • “For over a decade, nLIGHT has been focused on developing and manufacturing innovative, reliable, field-serviceable, and affordable high-power fiber lasers for both commercial and defense customers.
  • Our vertically integrated approach to laser design and manufacturing enables us to control every aspect of system design.

Peraton Appoints Ken Sharp as Executive Vice President and Chief Financial Officer

Retrieved on: 
Monday, December 11, 2023

RESTON, Va., Dec. 11, 2023 /PRNewswire/ -- Today, Peraton announced the appointment of Ken Sharp as executive vice president and chief financial officer, effective immediately.

Key Points: 
  • RESTON, Va., Dec. 11, 2023 /PRNewswire/ -- Today, Peraton announced the appointment of Ken Sharp as executive vice president and chief financial officer, effective immediately.
  • Sharp will report to Peraton's Chairman, President, and CEO, Stu Shea and have executive responsibility for all aspects of Peraton's financial planning, accounting, government reporting, and internal auditing functions.
  • A transformative leader, Ken most recently served as executive vice president and CFO at DXC Technology, a $15B publicly traded global IT services company.
  • Ken is also a veteran of the U.S. Marine Corps Reserves and served in Operation Desert Shield and Desert Storm.

Charger Investment Partners Expands its Composites Platform with the Acquisition of Unitech Composites

Retrieved on: 
Tuesday, November 7, 2023

Charger Investment Partners , a renowned private equity firm specializing in investments within the industrial, services and consumer industries, recently acquired Unitech Composites .

Key Points: 
  • Charger Investment Partners , a renowned private equity firm specializing in investments within the industrial, services and consumer industries, recently acquired Unitech Composites .
  • Unitech has a rich history in aerospace and defense and was the original composite supplier to NASA's Space Shuttle program.
  • Unitech joins two of Charger’s recent acquisitions, Advanced Composite Products & Technology and All American Racers, to form APEX Space & Defense Systems .
  • "We are thrilled to announce the acquisition of Unitech and the launch of the APEX brand," said Aaron Perlmutter, co-founder and Partner at Charger.

nLIGHT Announces Expansion of HELSI Contract Award to $171 Million for Development of 1 Megawatt Directed Energy Laser

Retrieved on: 
Thursday, November 2, 2023

The original phase two award announced in May 2023 was for $86 million, and the exercise of the additional options announced today brings the total value of the award to nLIGHT to $171 million.

Key Points: 
  • The original phase two award announced in May 2023 was for $86 million, and the exercise of the additional options announced today brings the total value of the award to nLIGHT to $171 million.
  • (Photo: Business Wire)
    In the first phase of the HELSI program, nLIGHT utilized its coherent beam combined (CBC) architecture to demonstrate a 300 kilowatt (kW) class high energy laser with power and brightness that exceeded program objectives.
  • “nLIGHT has been developing high-power, high-brightness lasers for use in military applications since the company’s founding over twenty years ago.
  • Our work on the second phase of the HELSI program will further support the broader transition of high energy lasers into the hands of the warfighter.”

Leidos Announces Executive Leadership Team for 2024

Retrieved on: 
Thursday, November 2, 2023

RESTON, Va., Nov. 2, 2023 /PRNewswire/ -- Leidos, a global leader in technology solutions and services, today announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024. These changes will help position the company to execute its ambitious, long-term strategy and achieve success on all measures.

Key Points: 
  • RESTON, Va., Nov. 2, 2023 /PRNewswire/ -- Leidos, a global leader in technology solutions and services, today announced a realignment of its operating groups and changes to its corporate leadership structure and personnel, effective Jan. 1, 2024.
  • These changes will help position the company to execute its ambitious, long-term strategy and achieve success on all measures.
  • Other members of the executive leadership team will continue in their current roles:
    "These leaders bring a combination of expertise, vision, and unwavering dedication that is essential for guiding Leidos into the next decade.
  • With this exceptional leadership at the top table and the dedication of our entire team, I am confident that our trajectory of innovation and success will continue and accelerate," said Chief Executive Officer Tom Bell.

Jim Scanlon Named President of Radiance Technologies, Inc.

Retrieved on: 
Wednesday, October 25, 2023

HUNTSVILLE, Ala., Oct. 25, 2023 /PRNewswire/ -- Radiance Technologies, Inc. (Radiance) is excited to announce the appointment of Mr. Jim Scanlon to President of the company.

Key Points: 
  • HUNTSVILLE, Ala., Oct. 25, 2023 /PRNewswire/ -- Radiance Technologies, Inc. (Radiance) is excited to announce the appointment of Mr. Jim Scanlon to President of the company.
  • Mr. Scanlon has served on the Radiance Board of Directors for the past three years and will continue that service in addition to this appointment.
  • In 2021, Mr. Scanlon retired from SAIC after a 32-year career where he departed as the second in command, Executive VP, General Manager Defense Systems.
  • Radiance CEO Bill Bailey says of Scanlon, "Jim brought significant business experience and acumen to our Board in 2021, and I am excited to have him spearheading our Leadership team.

nLIGHT Awarded $86 Million Contract to Develop High Energy Laser

Retrieved on: 
Thursday, May 4, 2023

nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, today announced that it has been awarded an $86 million contract to produce a High Energy Laser (HEL) prototype for the next phase of development in support of the U.S. Department of Defense’s (DoD) High Energy Laser Scaling Initiative (HELSI).

Key Points: 
  • nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, today announced that it has been awarded an $86 million contract to produce a High Energy Laser (HEL) prototype for the next phase of development in support of the U.S. Department of Defense’s (DoD) High Energy Laser Scaling Initiative (HELSI).
  • The Office of the Under Secretary of Defense for Research & Engineering selected nLIGHT in 2019 to utilize its coherent beam combined (CBC) architecture to produce a 300 kW class high energy laser as part of the first phase of the HELSI program.
  • In 2022, nLIGHT demonstrated power exceeding HELSI program objectives and the scalability of our CBC architecture.
  • “When we founded nLIGHT over 20 years ago, our vision was to produce the highest power and brightness lasers by leveraging vertical integration from semiconductor laser chips through beam control,” commented Scott Keeney, CEO of nLIGHT.