NAVAL AIR STATION PATUXENT RIVER

American States Water Company Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024
Energy, Natural Resources, Utilities, Other Natural Resources, Investment, Policy, Security (finance), CPUC, Insurance, Privatization, AWR, Water, Indian stock exchange, Joint Base Cape Cod, Foot, Groundwater, Tax, Bank statement, Government, Water supply, Calendar, GAAP, Overalls

An increase in water supply costs of $511,000, which consist of purchased water, purchased power for pumping, groundwater production assessments and changes in the water supply cost balancing accounts.

Key Points: 
  • An increase in water supply costs of $511,000, which consist of purchased water, purchased power for pumping, groundwater production assessments and changes in the water supply cost balancing accounts.
  • The increase in water supply costs is primarily related to an increase in customer water usage and an increase in overall actual supply costs in 2024.
  • The increase in water supply costs results in a corresponding increase in water operating revenues and has no net impact on the water segment’s profitability.
  • On May 6, 2024, AWR’s Board of Directors approved a second quarter dividend of $0.43 per share on AWR’s Common Shares.

American States Water Company Announces the Start of Operations at Two New Military Bases

Retrieved on: 
Thursday, April 25, 2024
Contracts, Utilities, Other Natural Resources, Energy, Defense, Commercial Building & Real Estate, Natural Resources, Environment, Construction & Property, Green Technology, Building Systems, Military, Joint Base Cape Cod, ASUS, Privatization, Government, American States Water, AWR, Water, Airline

Operations commenced at Naval Air Station Patuxent River on April 1, 2024.

Key Points: 
  • Operations commenced at Naval Air Station Patuxent River on April 1, 2024.
  • The value of this contract is estimated at approximately $349 million over a 50-year period and is subject to an inventory adjustment and annual economic price adjustments.
  • Operations at Joint Base Cape Cod commenced on April 15, 2024.
  • “We are very pleased to begin operations on the two new bases,” stated Robert J. Sprowls, President and CEO of American States Water Company.

DCS Corporation Announces Relocation of Lexington Park Office

Retrieved on: 
Thursday, March 14, 2024
Weaponeering, FMS, WASP, Systems analysis, Research, History, Suite, Soldier, HVAC, DCS, AVT, Engineering, Navy, NAVAIR

ALEXANDRIA, Va., March 14, 2024 /PRNewswire/ -- DCS Corporation is pleased to announce its new location in Southern Maryland.

Key Points: 
  • ALEXANDRIA, Va., March 14, 2024 /PRNewswire/ -- DCS Corporation is pleased to announce its new location in Southern Maryland.
  • This move opens the latest chapter in the company's long history in Southern Maryland dating back to its founding in 1977.
  • "DCS is proud of our history in Southern Maryland," commented Jim Benbow, DCS CEO.
  • As a result of the office relocation, the new space features a 180-person conference room, breakout areas, secure labs, and a SCIF-ready space.

Castellum, Inc. Announces Closing of GTMR Acquisition

Retrieved on: 
Thursday, March 23, 2023
Regulation S-X, CTM, NYSE American, LOI, Internal Revenue Code, Acquisition, GTMR, Federation, Regulation, Castellum

(“GTMR”), a $10 million revenue government contractor based in Hollywood, Maryland near Naval Air Station Patuxent River.

Key Points: 
  • (“GTMR”), a $10 million revenue government contractor based in Hollywood, Maryland near Naval Air Station Patuxent River.
  • Pro forma for the acquisition, Castellum’s revenue run rate now exceeds $50 million.
  • “We are thrilled to announce the closing of the GTMR acquisition,” said Mark Fuller, President and CEO of Castellum .
  • We now shift our focus to closing our other pending non-binding LOI, which we expect to do within the next 10-20 days, as well as looking for our next acquisition.”

Castellum, Inc. Announces Closing of Acquisition of Pax River Business

Retrieved on: 
Wednesday, November 17, 2021
Review, CEO, National Security Act of 1947, Acquisition, Company, Marines, Navy, Naval aviation, Securities Exchange Act of 1934, GLOBE, SSI, OTC, Pax, Lakehurst, Securities Act of 1933

POTOMAC, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces closing the acquisition of certain key assets located at Patuxent River Naval Air Station (Pax), Maryland from the Albers Group .

Key Points: 
  • POTOMAC, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces closing the acquisition of certain key assets located at Patuxent River Naval Air Station (Pax), Maryland from the Albers Group .
  • The acquisition brings several key personnel, approximately $2 million in annualized revenue, and key relationships with contractors at Pax River .
  • The acquisition marks both an expansion of Castellums SSI subsidiary s presence at Pax River and the continued leadership of former Pax River commander, Captain (retired) Glen Ives, Castellums Navy/Marine Corps Division head and Chief Growth Officer.
  • "Pax River Naval Air Station is here in Castellums home state of Maryland, and therefore, we must have a strong presence there.

Vertex Aerospace Wins Navy T-45 Recompete

Retrieved on: 
Monday, November 1, 2021
Aircraft, Naval Air Station Pensacola, Naval Air Systems Command, Partnership, T-45, Naval air station, MAC, MS, NAVAIR, CLS, Maintenance, Flight, Naval flight officer, CEO, Navy, System, Program, Naval Air Station Meridian, GLOBE, Federal Aviation Administration, Jet fuel

On October 14, 2021, NAVAIR selected Vertex to continue its support services for U.S. Navy T-45 aircraft, aircraft systems, and related services in support of flight training, and its test and evaluation operations.

Key Points: 
  • On October 14, 2021, NAVAIR selected Vertex to continue its support services for U.S. Navy T-45 aircraft, aircraft systems, and related services in support of flight training, and its test and evaluation operations.
  • Task Order N68520-22-F-7005, under the CMMARS MAC N61340-19-D-1010 includes a one-year base period with six one-year options.
  • We are grateful and honored by NAVAIRs continued confidence and partnership with Vertex, said President and CEO, Ed Boyington.
  • Vertex partners with the Navy as the T-45 maintenance provider ashore and afloat, providing organizational, intermediate, and depot level onsite aircraft maintenance, component repair, support equipment maintenance, and contractor logistics support for more than 2,400 active fixed/rotary wing.

JHNA Acquires Pax River-Based Technology Security Associates (TSA)

Retrieved on: 
Thursday, June 10, 2021
Data security, Cyberwarfare, Technology Student Association, Computer security, Student organizations

ALEXANDRIA, Va., June 10, 2021 /PRNewswire/ --JHNA, a leader in digital engineering solutions specializing in serving the nation's defense and federal communities, announced today it has acquired Pax River-based systems security engineering services firm Technology Security Associates (TSA).

Key Points: 
  • ALEXANDRIA, Va., June 10, 2021 /PRNewswire/ --JHNA, a leader in digital engineering solutions specializing in serving the nation's defense and federal communities, announced today it has acquired Pax River-based systems security engineering services firm Technology Security Associates (TSA).
  • TSA is a provider of cybersecurity, anti-tamper, and platform security services protecting DoD systems and information.
  • "We are incredibly excited to welcome Technology Security Associates to the team," said Ian Northrop, CEO of JHNA.
  • Founded in 2003, TSA offers a portfolio of services that solve the most daunting and challenging technology security obstacles facing the Naval Air Systems Command.