AEDC

Beyond New Horizons, an Astrion Joint Venture with Fluor, Secures $3.7 Billion U.S. Air Force Test Operations and Sustainment (TOS) II Contract

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Monday, March 25, 2024
Engineering, Defense, Technology, Aerospace, Manufacturing, Military, Hardware, Growth, JV, Fluor, BNH, AEDC, Wind, The, Air force, Safety, Air cargo

Today Astrion announced the U.S. Air Force awarded Beyond New Horizons, LLC (BNH), an Astrion Joint Venture (JV) with Fluor, the Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.

Key Points: 
  • Today Astrion announced the U.S. Air Force awarded Beyond New Horizons, LLC (BNH), an Astrion Joint Venture (JV) with Fluor, the Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.
  • Through BNH, Astrion and Fluor will carry out test operations, technology development, equipment and facility sustainment, and capital improvements to ensure the continuity of the AEDC ground test mission.
  • "Through this contract, Astrion will establish a new era of aerospace testing for the Air Force characterized by cutting-edge innovation, unparalleled efficiency, and unwavering dedication," said Dave Zolet, CEO of Astrion.
  • "We are proud to support the Air Force as it elevates its preparation for the next generation of readiness.

Beyond New Horizons Secures $3.7 Billion U.S. Air Force Test Operations and Sustainment (TOS) II Contract

Retrieved on: 
Monday, March 25, 2024
Hardware, Contracts, White House, Federal Government, Security, Aerospace, Data Management, Manufacturing, Technology, Other Policy Issues, Nanotechnology, Defense, Congressional News, Views, Public Policy, Government, Other Technology, Software, Networks, Joint venture, JV, BNH, AEDC, Wind, United States Air Force, Arnold Engineering Development Complex, Air cargo

Today Beyond New Horizons, LLC (BNH) announced it has been awarded the U.S. Air Force Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.

Key Points: 
  • Today Beyond New Horizons, LLC (BNH) announced it has been awarded the U.S. Air Force Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.
  • BNH is a Joint Venture (JV) between Astrion and Fluor specializing in testing and evaluation for military and space systems.
  • BNH will carry out test operations, technology development, equipment and facility sustainment, and capital improvements to ensure the continuity of the Arnold Engineering Development Complex (AEDC) ground test mission.
  • "Together, we are revolutionizing aerospace ground testing and sustainment operations, ultimately enhancing U.S. Air Force systems for years to come."

Aurora Mayor Honoured with Economic Development Award

Retrieved on: 
Monday, February 12, 2024
Economic development, Growth, AEDC, Conference, Hazel

Toronto, ON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Aurora Mayor Tom Mrakas on Thursday evening was honoured with the Hazel McCallion Community Leadership Award by the Economic Developers Council of Ontario (EDCO) at its annual Excellence Awards in Toronto.

Key Points: 
  • Toronto, ON, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Aurora Mayor Tom Mrakas on Thursday evening was honoured with the Hazel McCallion Community Leadership Award by the Economic Developers Council of Ontario (EDCO) at its annual Excellence Awards in Toronto.
  • The award is given to an elected official whose work “reflects the growing importance of positive influence within the economic development profession and who has made a significant impact on their peers, the industry, their community and or the overall influence of economic development.”
    “I am very humbled to receive this award from EDCO,” said Mayor Mrakas.
  • Of course, all this work is a team effort, and I want to thank the many businesses that we work with, as well as our amazing economic development team at the Town.”
    As a founding board member of the Aurora Economic Development Corporation – a non-for-profit corporation that provides strategic leadership of economic development on behalf of Aurora Town Council – Mayor Mrakas plays a pivotal role in developing the Town’s economic development strategy to support business and attract new investment.
  • EDCO was founded in 1957, and provides leadership to advance economic development as a profession and support municipalities in fostering economic prosperity in the province of Ontario.

Meadow Lake Tribal Council Industrial Investments receives 2023 Aboriginal Economic Development Corporation award

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Thursday, April 13, 2023
CCAB, Partnership, Employment, AEDC, Agriculture, Aborigine, Tinto, Renewable energy, Forestry, Economic development, Council, First Nations, Growth, Meadow Lake Tribal Council, Rio Tinto, Mining

Toronto, ON, April 13, 2023 (GLOBE NEWSWIRE) -- Meadow Lake Tribal Council Industrial Investment is the 2023 recipient of Canadian Council for Aboriginal Business’ Aboriginal Economic Development Corporation Award.

Key Points: 
  • Toronto, ON, April 13, 2023 (GLOBE NEWSWIRE) -- Meadow Lake Tribal Council Industrial Investment is the 2023 recipient of Canadian Council for Aboriginal Business’ Aboriginal Economic Development Corporation Award.
  • A group of nine First Nations form the Meadow Lake Tribal Council, and this led to the creation of Meadow Lake Tribal Council Industrial Investments (MLTCII) in 2012.
  • “The continuous growth in the number of projects and their success makes MLTCII a most deserving recipient of the AEDC award.
  • “Rio Tinto is very pleased to collaborate with CCAB as the sponsor of the 2023 Aboriginal Economic Development Corporation award and to recognize Meadow Lake Tribal Council Industrial Investments’ excellence and leading role in harnessing development opportunities for its member nations,” said Rio Tinto General Manager Procurement Atlantic, Sylvain Lemay.

GE completes latest adaptive cycle engine tests, successfully concludes Adaptive Engine Transition Program efforts

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Monday, September 12, 2022
Aviation biofuel, GE, United States Air Force, Engineering, CMC, Carbon, Arnold, Arnold Air Force Base, Efficiency, NYSE, PMC, Contract, F-35, Growth, The, Industry, Advanced product quality planning, Data collection, Technology, Air force, Atmosphere of Earth, Research, AEDC, XA100, Multimedia, View, Arnold Engineering Development Complex, Gasoline, Jet fuel, Medical device, 3D printing

TULLAHOMA, Tenn., Sept. 12, 2022 /PRNewswire/ -- The U.S. Air Force and GE have successfully concluded testing on GE's second XA100 adaptive cycle engine at the Air Force's Arnold Engineering Development Complex (AEDC).

Key Points: 
  • TULLAHOMA, Tenn., Sept. 12, 2022 /PRNewswire/ -- The U.S. Air Force and GE have successfully concluded testing on GE's second XA100 adaptive cycle engine at the Air Force's Arnold Engineering Development Complex (AEDC).
  • With testing at AEDC completed, GE has accomplished the final major contract milestone of the Air Force's Adaptive Engine Transition Program (AETP), which began in 2016.
  • "This is the culmination of more than a decade of methodical risk reduction and testing GE has completed with the Air Force across three different adaptive cycle engine programs," said David Tweedie, GE Edison Works' vice president and general manager for Advanced Products.
  • We now stand ready to transition to an Engineering and Manufacturing Development program and bring this engine to the field with the F-35 before the end of this decade."

PRODUCER OWNED BEEF LAUNCHES WITH STATE OF TEXAS FUNDING

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Wednesday, August 10, 2022
Tyson Foods, Multimedia, Albanian-American Enterprise Fund, Risk management, Industry, Accounting, CEO, CFO, Commerce, Beef & Boards Dinner Theatre, Face, Investment, Leadership, LLC, The Chartered Institute of Ergonomics and Human Factors, Texas Enterprise Fund, Meat, Cattle, Rest, View, IBP, Safety, Economic development, Tyson, Employment, Monte, Enterprise, AEDC, City, Organization, Renewable energy, Livestock, Beef cattle

AMARILLO, Texas, Aug. 10, 2022 /PRNewswire/ -- Texas Governor Greg Abbott announced today that the State of Texas, through the Texas Enterprise Fund, intends to support the creation of Producer Owned Beef's state-of-the-art beef processing facility in Amarillo –– the only such facility in the nation to be owned by cattle producers and operated by beef processing industry veterans. Abbott's office presented the award at a launch event in Amarillo today with the support of Texas Economic Development Fund representatives, Amarillo Mayor, Ginger Nelson and Amarillo Economic Development Corporation CEO, Kevin Carter.

Key Points: 
  • AMARILLO, Texas, Aug. 10, 2022 /PRNewswire/ -- Texas Governor Greg Abbott announced today that the State of Texas, through the Texas Enterprise Fund, intends to support the creation of Producer Owned Beef's state-of-the-art beef processing facility in Amarillo the only such facility in the nation to be owned by cattle producers and operated by beef processing industry veterans.
  • "The importance of Texas Enterprise Fund along with Amarillo EDC backing for this project cannot be overstated" said Casey Cameron, CEO of Producer Owned Beef.
  • Producer Owned Beef's innovative business model restores balance in the beef industry by reversing compensation disparities cattle producers currently face.
  • Producer Owned Beef is a business cooperative purpose-built to imagine, capitalize and operate a state-of-the-art beef packing facility in Amarillo, Texas.

DCHFA kicks off August by financing 130 new affordable apartment homes in Ward 8

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Monday, August 8, 2022
AMI, GLOBE, Los Alamos National Laboratory, Community development, HUD, LRSP, Human services, Terrace, PSH, Housing, Acquisition, Agency, THEARC, Village, Leadership, Capital market, Rehabilitation, AEDC, Hotel, Property management, D.C, District

Washington, D.C., Aug. 08, 2022 (GLOBE NEWSWIRE) -- The District of Columbia Housing Finance Agency (DCHFA) has closed on the financing of Terrace Manor, 130 newly constructed apartment homes in Ward 8s Randle Heights neighborhood.

Key Points: 
  • Washington, D.C., Aug. 08, 2022 (GLOBE NEWSWIRE) -- The District of Columbia Housing Finance Agency (DCHFA) has closed on the financing of Terrace Manor, 130 newly constructed apartment homes in Ward 8s Randle Heights neighborhood.
  • The community will be 100 percent affordable, with all units reserved for residents earning 60 percent or less of the area median income (AMI).
  • And so, the things that you see us able to do here today would not be possible without that investment.
  • The bond financing for this project was secured by HUD-insured mortgage loans made under DCHFAs Level I Risk Share Program.

Flycoin Names Anchorage Digital as a Custodian for its token, FLY

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Tuesday, July 5, 2022
FlyCoin, Visa, AEDC, View, LinkedIn, CEO, Travel, BitGo, KKR, FLY, Ecosystem, Industry, OCC, Digital, Entrepreneurship, Goldman Sachs, Solution, Twitter, Multimedia, Comptroller, Cryptocurrency, Online shopping

POMONA, Calif, July 5, 2022 /PRNewswire/ -- FlyCoin, Inc., a cryptocurrency-based travel rewards technology company, is pleased to announce that it will utilize Anchorage Digital to serve as the custodian of a significant portion of its minted cryptocurrency, FLY. Anchorage Digital is a regulated institutional platform and the first crypto company to receive a national bank charter from the Office of the Comptroller of the Currency (OCC).

Key Points: 
  • "Flycoin only selects the most reputable and trusted custodians of cryptocurrency to properly safeguard FLY for us and our partners.
  • We are excited to partner with Anchorage Digital, as currently, they are the only federally regulated custodian of digital assets.
  • Custodians of digital assets, like Anchorage Digital, play an essential role in providing transparency to holders and keeping assets safe while transferred across brokers and exchanges.
  • We're pleased to custody FLY and meet the Flycoin team's standards," said Diogo Mnica, President and Co-Founder Anchorage Digital.

Anchorage Economic Development Corporation Announces Stake of 50M FLY Token

Retrieved on: 
Monday, June 13, 2022
FlyCoin, Contract, CEO, City, Travel, Ecosystem, FLY, Growth, AEDC, Twitter, LOS, Ravn Alaska, Cryptocurrency, Management, Uniswap

ANCHORAGE, Alaska and LOS ANGELES, June 13, 2022  /PRNewswire/ -- The Anchorage Economic Development Corporation (AEDC) announced today a contribution from FlyCoin, Inc., the world's first travel rewards cryptocurrency company. This donation is the first of its kind for AEDC and will provide future resources to support the mission of AEDC to grow and diversify the economy of Anchorage.

Key Points: 
  • ANCHORAGE, Alaska and LOS ANGELES, June 13, 2022 /PRNewswire/ -- The Anchorage Economic Development Corporation (AEDC) announced today a contribution from FlyCoin, Inc., the world's first travel rewards cryptocurrency company.
  • Operating since 1987, the AEDC works to support growth and diversity in the Anchorage economy, promote a favorable business climate and improve the standard of living of Anchorage residents.
  • Funding sources for the corporation are mostly private contributions and contracts, with the balance from municipal, state and federal grants.
  • Users can earn FlyCoin's newly minted token, FLY, reward doesn't expire, is easily transferable, and has an abundance of redemption options.

GE Begins Industry’s First Adaptive Cycle Engine Tests at Arnold Engineering Development Complex

Retrieved on: 
Wednesday, March 30, 2022
Technology, Engineering, Aerospace, Manufacturing, Air, Defense, Transport, Other Science, Research, Other Defense, Contracts, Science, Other Manufacturing, Security, PMC, United States Air Force, NYSE, XA100, Research, CMC, GE, AEDC, Carbon, Atmosphere of Earth, Technology, Industry, Acceleration, F-35, Efficiency, Aviation biofuel, Jet fuel, Renewable energy

The U.S. Air Force and GE on March 25th initiated Phase 2 testing of GEs second XA100 adaptive cycle engine at the Air Forces Arnold Engineering Development Complex (AEDC).

Key Points: 
  • The U.S. Air Force and GE on March 25th initiated Phase 2 testing of GEs second XA100 adaptive cycle engine at the Air Forces Arnold Engineering Development Complex (AEDC).
  • This milestone marks the first test of an Adaptive Engine Transition Program (AETP) engine at AEDC.
  • GE completed Phase 1 testing of this XA100 test engine in November 2021 in Evendale, Ohio.
  • GEs XA100 became the worlds first ever flight-weight, three-stream adaptive cycle engine in December 2020 before initiating tests on its second engine in August 2021.