Military

Dana Incorporated to Participate in Deutsche Bank Global Automotive Industry Conference

Tuesday, June 2, 2020 - 5:40pm

MAUMEE, Ohio, June 2, 2020 /PRNewswire/ --Dana Incorporated (NYSE: DAN) announced today it will present at the Deutsche Bank Global Automotive Industry Conference on June 10, 2020.

Key Points: 
  • MAUMEE, Ohio, June 2, 2020 /PRNewswire/ --Dana Incorporated (NYSE: DAN) announced today it will present at the Deutsche Bank Global Automotive Industry Conference on June 10, 2020.
  • Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors , prior to the event.
  • Dana is a world leader in providing power-conveyance and energy-management solutions that are engineered to improve the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment.
  • Enabling the propulsion of conventional, hybrid, and electric-powered vehicles, Dana equips its customers with critical drive and motion systems; electrodynamic technologies; and thermal, sealing, and digital solutions.

KBR Awarded $33.5M to Provide Avionics Product and Life Cycle Analysis for U.S. Air Force

Tuesday, June 2, 2020 - 11:00am

HOUSTON, June 2, 2020 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a $33.5 million task order from the U.S. Air Force (USAF) to provide product and life cycle analysis of common avionicsfor the 638th Supply Chain Management Group (SCMG) and the Air Force Life Cycle Management Center (AFLCMC).

Key Points: 
  • HOUSTON, June 2, 2020 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a $33.5 million task order from the U.S. Air Force (USAF) to provide product and life cycle analysis of common avionicsfor the 638th Supply Chain Management Group (SCMG) and the Air Force Life Cycle Management Center (AFLCMC).
  • KBR was awarded this task order under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract by the USAF Installation Contracting Center.
  • Under the cost-plus-fixed-fee task order, KBR will identify and address diminishing manufacturing sources and material shortages, and provide software analysis and information assurance.
  • KBR will primarily perform these tasks at Robins Air Force Base in Georgiain addition to other U.S. locations.

Cubic Awarded Contract to Support British Army Training

Monday, June 1, 2020 - 12:00pm

Cubic Corporation (NYSE: CUB) today announced Cubic Defence U.K., which operates within its Cubic Global Defense (CGD) business division, was awarded a contract worth more than $35 million, to continue its support for the training of the British Army.

Key Points: 
  • Cubic Corporation (NYSE: CUB) today announced Cubic Defence U.K., which operates within its Cubic Global Defense (CGD) business division, was awarded a contract worth more than $35 million, to continue its support for the training of the British Army.
  • The three-year contract is for support and repair of the Area Weapons Effects Simulator (AWES) System at Salisbury Plain Training Area (SPTA) in the United Kingdom and at British Army Training Unit Suffield (BATUS) in Alberta, Canada.
  • We value our longstanding partnership with the British Army and we are pleased to continue our training support, said Mike Knowles, president of Cubic Global Defense.
  • This contract award extends the work we have accomplished together to effectively advance the British Ministry of Defence training experience and standard.

The American Legion welcomes Trump tweet on National Guard extension

Thursday, May 28, 2020 - 8:44pm

The tweet comes just eight days after The American Legion called for an extension, which would entitle certain National Guard members to additional home loan, education and retirement benefits since their federal orders would now exceed 90 days.

Key Points: 
  • The tweet comes just eight days after The American Legion called for an extension, which would entitle certain National Guard members to additional home loan, education and retirement benefits since their federal orders would now exceed 90 days.
  • "We know that the coronavirus emergency will not suddenly end at 89 days," American Legion National Commander James W. "Bill" Oxford said.
  • "Yet thousands of outstanding men and women of the National Guard left their homes and risked their lives in response to this emergency.
  • From cleaning nursing homes to delivering supplies, the National Guard has been a national treasure.

Bombardier Releases its 2019 Activity Report, Highlighting Sustainability Milestones and Objectives

Thursday, May 28, 2020 - 5:02pm

MONTREAL, May 28, 2020 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) today released its 2019 Activity Report, reaffirming its commitment to sustainability and highlighting the Companys progress over the past year towards achieving its environmental, social and governance (ESG) goals.

Key Points: 
  • MONTREAL, May 28, 2020 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) today released its 2019 Activity Report, reaffirming its commitment to sustainability and highlighting the Companys progress over the past year towards achieving its environmental, social and governance (ESG) goals.
  • Moreover, the current global health and economic crisis has demonstrated that sustainability is more important today than ever before.
  • Bombardiers 2019 Activity Report highlights the Companys progress in integrating ESG considerations across the organization.
  • Bombardier is a registered trademark of Bombardier Inc. or its subsidiaries.

Endonovo Therapeutics Enters into $10 million Equity Line Agreement with Cavalry Fund

Tuesday, May 26, 2020 - 1:18pm

Los Angeles, CA, May 26, 2020 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV) ("Endonovo" or the "Company") announced today it has executed a new Equity Line Purchase Agreement with Cavalry Fund I, LP (Cavalry) to sell up to $10 Million in common stock to Cavalry over a term of 24 months.

Key Points: 
  • Los Angeles, CA, May 26, 2020 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV) ("Endonovo" or the "Company") announced today it has executed a new Equity Line Purchase Agreement with Cavalry Fund I, LP (Cavalry) to sell up to $10 Million in common stock to Cavalry over a term of 24 months.
  • Alan Collier, Endonovo CEO comments, We are excited to establish this relationship p with Cavalry and the flexibility to potentially access capital on a cost-effective basis.
  • By focusing on lowering costs to obtain working capital, we believe this agreement allows Endonovo to receive funding to meet our projected sales growth on favorable terms.
  • Endonovo Therapeutics is a commercial-stage developer of noninvasive wearable Electroceuticalstherapeutic devices.

AEW UK REIT plc: Sale announcement and update statement

Tuesday, May 26, 2020 - 8:02am

Further to its announcement on 20 April 2020, the Company today provides a further update in respect of recent activity.

Key Points: 
  • Further to its announcement on 20 April 2020, the Company today provides a further update in respect of recent activity.
  • Most notably, it has now completed the sale of its asset at Geddington Road, Corby, for a price of 18.8 million.
  • The lease to Gefco had an unexpired term of just over 1 year at the date of sale.
  • Alex Short, Portfolio Manager, AEW UK REIT, commented: "The completion of this sale will deliver to the Company an IRR in excess of 30% which, particularly at the current time, highlights the defensive nature of the Company's strategy.

Veterans Advantage Honors Our Active Duty Military & Veterans this Memorial Day Weekend 2020

Saturday, May 23, 2020 - 4:00am

Veterans Advantage has also been doing its part to support those who served and their families amid the economic downturn during the coronavirus (COVID-19) pandemic.

Key Points: 
  • Veterans Advantage has also been doing its part to support those who served and their families amid the economic downturn during the coronavirus (COVID-19) pandemic.
  • And with the nation beginning to open its doors for business & leisure, Veterans Advantage has been publishing COVID-19 updates from its airline, hotel, and car rental partners providing "VetRewards Exclusives" to Veterans Advantage.
  • Finally, in honor of Military Appreciation Month leading up to Memorial Day, Veterans Advantage calls on all Americans to participate in the National Moment of Remembrance at 3 pm local time this Monday, May 25.
  • This is the true meaning of Memorial Day, the most solemn national military holiday of the year," added Higgins.

GovernmentCIO: VA Launches Veterans Legacy Memorial's Next Phase for Memorial Day

Friday, May 22, 2020 - 10:07pm

Now the public may leave comments or other messages of tribute on each veterans' profiles through the Veterans Legacy Memorial program.

Key Points: 
  • Now the public may leave comments or other messages of tribute on each veterans' profiles through the Veterans Legacy Memorial program.
  • "This year, by necessity, will be different from past Memorial Day observances," said VA Secretary Robert Wilkie.
  • The VLMplatform from the VA harnessesexisting data of 3.7 million veterans from the National Cemetery Administration to create interactive virtual profiles that the public can view to memorialize veterans digitally.
  • "The Veterans Legacy Memorial is an ideal way to tell the story and we do it in such a format that anyone, anywhere can access that information."

Grunt Style to Shut Down Online Sales In Honor of Memorial Day

Friday, May 22, 2020 - 6:35pm

In addition to foregoing online sales, Grunt Style will also livestream a special Memorial Day name reading ceremony across their social channels and website at gruntstyle.com beginning at 9:00 a.m. CT.

Key Points: 
  • In addition to foregoing online sales, Grunt Style will also livestream a special Memorial Day name reading ceremony across their social channels and website at gruntstyle.com beginning at 9:00 a.m. CT.
    "Pride, Patriotism and Culture are the three pillars at the foundation of Grunt Style's brand and overall mission," said Grunt Style CEO Glenn Silbert.
  • On Memorial Day, we're proud to honor the soldiers and families who have sacrificed so much to protect our freedom."
  • To learn more about Grunt Style, their products and community-giving initiatives, please visit: gruntstyle.com
    Founded in 2009, Grunt Style is an online patriotic lifestyle retailer designed for a new class of warriors: first-responders, military veterans and their friends and family.
  • Headquartered in San Antonio, Texas, Grunt Style stands behind its products, its service and its ability to America.