National security

Prime Minister visits Kyiv and announces additional support for Ukraine

Retrieved on: 
Saturday, February 24, 2024

The Prime Minister, Justin Trudeau, is visiting Ukraine today, alongside international partners, to reaffirm Canada's ongoing and unwavering support for Ukraine.

Key Points: 
  • The Prime Minister, Justin Trudeau, is visiting Ukraine today, alongside international partners, to reaffirm Canada's ongoing and unwavering support for Ukraine.
  • As part of this commitment, Canada will provide $3.02 billion in critical financial and military support to Ukraine in 2024.
  • In addition, the Prime Minister announced new support for Ukraine's resilience and recovery efforts.
  • The Prime Minister was accompanied for this visit by the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, and the Minister of National Defence, Bill Blair.

Duluth Travel signs new GDS agreement with Sabre to help serve Federal Government Agencies

Retrieved on: 
Thursday, February 22, 2024

SOUTHLAKE, Texas, Feb. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year agreement with Duluth Travel, a Service Disabled Veteran Owned travel management company and a leader in the Government travel sector.

Key Points: 
  • SOUTHLAKE, Texas, Feb. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year agreement with Duluth Travel, a Service Disabled Veteran Owned travel management company and a leader in the Government travel sector.
  • The new agreement will enable Duluth travel to access the robust travel content in the Sabre travel marketplace, helping to drive efficiencies and support its revenue growth goals.
  • "We are thrilled to be a Sabre partner and we look forward to tremendous growth over the next few years," said Arthur Salus, CEO, Duluth Travel.
  • "We have experienced a seamless transition in product delivery with Sabre," said Johnny Suleiman, Chief Operating Officer, Duluth Travel.

Bcore Expands Executive Team to Support Integration and Growth by Hiring Phil Nolan as Chief Operating Officer

Retrieved on: 
Wednesday, February 21, 2024

He has worked with government clients and businesses from startup to Fortune 50, delivering innovative technical solutions for over 30 years.

Key Points: 
  • He has worked with government clients and businesses from startup to Fortune 50, delivering innovative technical solutions for over 30 years.
  • Phil's primary focus at Bcore includes building a robust, integrated capability offering, fostering team collaboration, and developing strategies for sustainable growth.
  • "We are proud to have Phil join the Bcore family," remarked Chad Kim, CEO of Bcore.
  • "I have spent my career committed to national security, working in various capacities with organizations that demand innovation, agility, and a dedication to excellence," said Phil Nolan.

Millennium Space Systems Awards Contract to Voyager Space to Build Star Trackers

Retrieved on: 
Thursday, February 15, 2024

DENVER, Feb. 15, 2024 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, today announced it has been awarded a contract by Millennium Space Systems (Millennium), a Boeing Company, to build 13 Flight Model Star Trackers (µSTAR-250) and two Engineering Models.

Key Points: 
  • DENVER, Feb. 15, 2024 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, today announced it has been awarded a contract by Millennium Space Systems (Millennium), a Boeing Company, to build 13 Flight Model Star Trackers (µSTAR-250) and two Engineering Models.
  • Voyager's µSTAR-250 Star Tracker represents the next generation of high-performance trackers, leveraging Scientific CMOS technology to provide very low read noise for optimal accuracy.
  • "We are pleased to have been selected by Millennium Space Systems to support its upcoming mission," said Frank Morgan, Chief Operating Officer, Voyager Space.
  • "Our µSTAR-250 Star Trackers represent a significant leap in satellite navigation and performance in the ever-evolving world of space exploration.

Kratos Announces Visionary Sponsorship at Inaugural Creative Disruptors in the Desert Conference

Retrieved on: 
Thursday, February 15, 2024

SAN DIEGO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets is proud to announce the Company will be a Visionary Sponsor of Creative Disruptors in the Desert, The Creative Defense Foundation’s inaugural conference to be hosted in La Quinta, CA, from February 23-24, 2024.

Key Points: 
  • SAN DIEGO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets is proud to announce the Company will be a Visionary Sponsor of Creative Disruptors in the Desert, The Creative Defense Foundation’s inaugural conference to be hosted in La Quinta, CA, from February 23-24, 2024.
  • Creative Disruptors in the Desert is a conference for intrapreneurial and entrepreneurial industry and government leaders who recognize that a dramatic transformation is needed to secure U.S. National Security competitiveness, which perfectly aligns with Kratos’ mission.
  • Kratos has sponsored Creative Disruptors in the Desert at the highest available level to promote critical conversations between government and industry about leading-edge technical solutions to support our national defense.
  • “Kratos is the established, trusted, proven, affordable disruptor,” said Eric DeMarco, President and CEO of Kratos.

Wilford K. Gibson, MD, FAAOS, Named Second Vice President of American Academy of Orthopaedic Surgeons

Retrieved on: 
Wednesday, February 14, 2024

SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Virginia surgeon Wilford K. Gibson, MD, FAAOS, was appointed second vice president of the American Academy of Orthopaedic Surgeons' (AAOS) Board of Directors.

Key Points: 
  • SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Virginia surgeon Wilford K. Gibson, MD, FAAOS, was appointed second vice president of the American Academy of Orthopaedic Surgeons' (AAOS) Board of Directors.
  • His role is the first in a four-year term of volunteer service during which he will serve as president of the AAOS in 2026.
  • He will assume the second vice president position following the AAOS 2024 Annual Meeting this week in San Francisco.
  • A former president of the Virginia Orthopaedic Society, he received the society's 2014 President's Award and 2015 Career Lifetime Achievement Award.

McNally Capital Announces Promotions of Six Team Members, Including Ravi Shah to Partner

Retrieved on: 
Wednesday, February 14, 2024

McNally Capital (“McNally”), a private equity firm, is pleased to announce the promotion of six team members , including Ravi P. Shah to Partner.

Key Points: 
  • McNally Capital (“McNally”), a private equity firm, is pleased to announce the promotion of six team members , including Ravi P. Shah to Partner.
  • Ravi joined McNally Capital in 2016 and focuses on leading the investment team across the National Security, Aerospace, and Industrial Technology & Automation industries.
  • “We are thrilled to congratulate Ravi on his well-deserved promotion to Partner,” said Ward McNally, Founder, Co-CEO, and Managing Partner of McNally Capital.
  • Mike and Ravi co-lead the execution of the firm’s National Security investment thesis in partnership with Nio Advisors, a McNally Capital industry partner.

Kratos Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.
  • Fourth quarter 2023 Revenues of $273.8 million increased $24.5 million, reflecting 9.8 percent and 7.3 percent organic growth, respectively, from fourth quarter 2022 Revenues of $249.3 million.
  • KUS’s Operating Income was $1.0 million in the fourth quarter of 2023 compared to $1.8 million in the fourth quarter of 2022.
  • KUS’s Adjusted EBITDA for the fourth quarter of 2023 was $4.0 million, compared to fourth quarter 2022 KUS Adjusted EBITDA of $4.5 million, reflecting reduced volume.

AE Industrial Partners’ Chris Emerson Transitions to Senior Partner

Retrieved on: 
Thursday, February 8, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.
  • The firm also announced that Emerson will head up a new office in Washington, D.C., projected to open in the 3rd quarter of 2024.
  • He also served as President of Airbus Helicopters, Inc., and was Senior Vice President of Airbus Commercial Aircraft in Toulouse, France.
  • “We’re excited to leverage Chris’ insight, network, and expertise as a full-time Senior Partner of the firm as we continue to build on our national security portfolio and enhance the operations of our existing portfolio companies.”
    Mr. Emerson currently serves on the Board of Directors of AE Industrial portfolio companies The Atlas Group, Belcan, Firefly Aerospace, and York Space Systems.

5E Advanced Materials Supports Congressional Push to Include Boron in 2025 Critical Minerals List

Retrieved on: 
Monday, February 5, 2024

HESPERIA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, articulated its support for the bipartisan effort in Congress to include boron in the U.S. Geologic Survey’s (USGS) 2025 Critical Mineral List.

Key Points: 
  • HESPERIA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, articulated its support for the bipartisan effort in Congress to include boron in the U.S. Geologic Survey’s (USGS) 2025 Critical Mineral List.
  • The letter recognizes the significance of boron and its derivatives across multiple industries, including energy and defense systems, and the importance of boron in meeting U.S. clean energy goals.
  • “As one of the most versatile materials in the world, boron is used in over 300 applications that enable our way of life.
  • Including boron in the USGS Critical Minerals List would help ensure that the U.S. is not dependent on China for boron and would safeguard its utilization as a critical material.