Military

IPTA Promotes Jon Katz to President and COO

Retrieved on: 
Monday, April 10, 2023

IPTA , a dynamic federal professional services and technology solutions provider, announced today that it has promoted Jon Katz to president and COO.

Key Points: 
  • IPTA , a dynamic federal professional services and technology solutions provider, announced today that it has promoted Jon Katz to president and COO.
  • In his new role, Katz will oversee IPTA’s expansion into new markets, its internal operations and delivery teams as well as key customer relationships.
  • “Jon brings a wealth of leadership and operations experience to this new role,” said Bill Williams , Owner and CEO of IPTA.
  • “It has been my pleasure to work with Jon for more than 10 years and I am looking forward to this new chapter under his expanded leadership.”
    As IPTA’s president and COO, Katz is responsible for planning, directing, organizing and controlling the company’s operations.

SAIC Awarded $102M Contract to Support U.S. Navy Torpedo Production

Retrieved on: 
Monday, April 10, 2023

Science Applications International Corp. (NYSE: SAIC ) has been awarded a $102.5 million contract by the U.S. Navy to continue supporting the MK 48 Mod 7 Heavyweight Torpedo program.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) has been awarded a $102.5 million contract by the U.S. Navy to continue supporting the MK 48 Mod 7 Heavyweight Torpedo program.
  • This is a firm-fixed-price and cost-plus-fixed fee modification to a previously awarded $1.1 billion torpedo production contract .
  • “SAIC has a long history of supporting the U.S. Navy, notably our work providing the dominant undersea weapons it requires,” said Bob Genter, president of Defense and Civilian Sector at SAIC.
  • Currently, SAIC also provides all necessary facilities, resources and management to meet the contract’s integration, production, test and delivery requirements.

REPLY: Reply Crypto Investment Challenge Kicks Off, Organised by Reply and Young Platform, to Promote Conscious Investment in Digital Assets

Retrieved on: 
Friday, April 7, 2023

The fourth edition of the Reply Investment Challenge kicks off, focusing for the first time on Digital Assets, Crypto, and Blockchain.

Key Points: 
  • The fourth edition of the Reply Investment Challenge kicks off, focusing for the first time on Digital Assets, Crypto, and Blockchain.
  • Challengers will be ranked and evaluated based on their investment choices and the strategy implemented in response to the suggestions published by Reply.
  • The POLIMI Graduate School of Management, with its participation in the Reply Crypto Investment Challenge, confirms its commitment to educating and training risk-conscious financial operators in investments.
  • Reply [EXM, STAR: REY] specialises in the design and implementation of solutions based on new communication channels and digital media.

Sivananthan Labs Announces Successful Completion of Phase II STTR Program

Retrieved on: 
Wednesday, April 12, 2023

Sivananthan Laboratories Inc ., a high-tech business incubator and a national leader in the infrared sensing and imaging industry, announced today the successful completion of a $1.5M award from the Small Business Technology Transfer (STTR) Phase II program for the development of an entangled short-wavelength infrared (En-SWIR) photon source.

Key Points: 
  • Sivananthan Laboratories Inc ., a high-tech business incubator and a national leader in the infrared sensing and imaging industry, announced today the successful completion of a $1.5M award from the Small Business Technology Transfer (STTR) Phase II program for the development of an entangled short-wavelength infrared (En-SWIR) photon source.
  • This follows a successful Phase I which established proof of concept and demonstrated the remarkable potential of the fast-emerging field of quantum sensing.
  • “The work done here by Dr. Boieriu and his team is a key example of the groundbreaking and industry leading research and development conducted at Sivananthan Labs.
  • It is consistent with Sivananthan Laboratories’ business model and long-standing commitment to developing advanced technology for the US military.

Fairbanks Morse Defense Teams with Caley Ocean Systems to Service and Sell Launch and Recovery Systems

Retrieved on: 
Wednesday, April 5, 2023

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has finalized a teaming agreement with Caley Ocean Systems , a Pryme Group Company, to pursue launch and recovery , and other naval mechanical handling opportunities.

Key Points: 
  • Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has finalized a teaming agreement with Caley Ocean Systems , a Pryme Group Company, to pursue launch and recovery , and other naval mechanical handling opportunities.
  • This collaboration expands FMD's capabilities to provide best-in-class marine technologies while strengthening Caley Ocean Systems’ presence in the U.S.
  • Through this agreement, Caley Ocean Systems will have access to FMD’s global network of highly trained field service technicians and the defense contractor’s strategically located service centers to provide service and overhaul solutions for the company’s maritime defense customers.
  • Established in 1968 and based in Glasgow, Scotland, Caley Ocean Systems has established itself as a premier manufacturer of offshore handling systems catering to international markets.

American Equity Continues Board Refresh with Appointment of Mike Hayes to Its Board of Directors

Retrieved on: 
Wednesday, April 5, 2023

American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities, today announced the appointment of Mike Hayes to its Board as an independent director.

Key Points: 
  • American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities, today announced the appointment of Mike Hayes to its Board as an independent director.
  • Following the appointment of Mr. Hayes, the Board will be comprised of 10 directors, eight of whom are independent.
  • “I am pleased to welcome Mike Hayes to the American Equity Board.
  • He holds a master’s degree in Public Policy from Harvard’s Kennedy School and a bachelor’s degree in Mathematics from Holy Cross College.

Satixfy Announces Succesful Demonstration for its new Antenna Together with OneWeb Technologies and Air Force Research Lab

Retrieved on: 
Tuesday, April 4, 2023

SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems announced the completion of a contracted demonstration with OneWeb Technologies (“OWT”), and the Air Force Research Lab (“AFRL”), to demonstrate SatixFy's new antenna for use by the United States Department of Defense (DoD), under its initiative Defense Experimentation Using Commercial Space Internet (DEUCSI).

Key Points: 
  • SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems announced the completion of a contracted demonstration with OneWeb Technologies (“OWT”), and the Air Force Research Lab (“AFRL”), to demonstrate SatixFy's new antenna for use by the United States Department of Defense (DoD), under its initiative Defense Experimentation Using Commercial Space Internet (DEUCSI).
  • The DEUCSI initiative has been designed to explore new ways to leverage commercial space internet capabilities, in order to support military operations.
  • This contract brings Satixfy in partnership with OneWeb Technologies and the Air Force Research Lab, to demonstrate the capabilities of its new antenna, which is designed to provide resilient, high-speed, and low-latency satellite communications.
  • “OWT partnered with SatixFy taking the initial opportunity to demonstrate simultaneous connectivity over multiple diverse satellites,” commented Ian Canning, COO of OneWeb Technologies.

Global Military Command & Control Systems (C2) Market & Technology Forecast to 2031: Changes of Military Force Structure and Network-Centric Electronic Warfare Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 4, 2023

The "Military Command & Control Systems (C2) - Market and Technology Forecast to 2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Military Command & Control Systems (C2) - Market and Technology Forecast to 2031" report has been added to ResearchAndMarkets.com's offering.
  • Command & Control (C2) technologies continue to evolve and improve with advancements in artificial intelligence, machine learning, big data analytics, and cloud computing.
  • These technologies are enabling commanders to make better-informed decisions, respond faster to changing situations, and achieve greater situational awareness.
  • The increasing use of sensors for a wide range of military applications has opened avenues for innovative C2 programmes such as Joint All-Domain Command & Control (JADC2).

Manifest AR-Enabled Platform from Taqtile on Display in Magic Leap Booth at Sea-Air-Space Expo

Retrieved on: 
Tuesday, April 4, 2023

This week at the Sea-Air-Space show in National Harbor, Maryland (April 3-5), the Manifest ® work-instruction platform from Taqtile , Inc. is being demonstrated in the Magic Leap booth (3125).

Key Points: 
  • This week at the Sea-Air-Space show in National Harbor, Maryland (April 3-5), the Manifest ® work-instruction platform from Taqtile , Inc. is being demonstrated in the Magic Leap booth (3125).
  • Show attendees will experience how Manifest can assist military staff in the inspection process of complex equipment, such as airplane landing gear.
  • With a head-mounted display like the Magic Leap 2, the Manifest platform provides instant access to step-by-step work instructions supporting Maintenance, Repair and Operations (MRO), preventative maintenance, and inspection procedures, as well as training initiatives.
  • Manifest and the Magic Leap 2 deliver AR-enabled instructions directly to the location of the equipment, resulting in faster and more accurate execution of critical procedures.

The Real Brokerage Surpasses 10,000 Agents; To Launch Division Focused on Supporting Military Members and Veterans with the Addition of Sentry Residential

Retrieved on: 
Tuesday, April 4, 2023

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced Sentry Residential has merged its military-focused national brokerage into Real.

Key Points: 
  • The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced Sentry Residential has merged its military-focused national brokerage into Real.
  • Real will leverage the addition of Sentry along with Real’s existing 500-plus military-focused agents to launch a Real Military Division, the first of several planned divisions of practice.
  • View the full release here: https://www.businesswire.com/news/home/20230404005391/en/
    Mike Chiesl, Co Founder & President of Sentry Residential, to partner with The Real Brokerage in the development of a military division.
  • Real will leverage the addition of Sentry along with Real’s existing 500-plus military-focused agents to launch a Real Military Division, the first of several planned divisions of practice.