Military

Terran Orbital Unveils Next-Generation SmallSat GEO™ Solution

Retrieved on: 
Thursday, March 14, 2024
Government Technology, Aerospace, Satellite, Manufacturing, Defense, Photography, Audio, Video, Other Science, Research, Other Technology, Other Defense, Electronic Design Automation, Drones, Science, Technology, Mobile, Wireless, Other Manufacturing, Military, Engineering, LEO, Automation, Washington Convention Center, Communication, Entrepreneurship, Walter, Booth, GEO, Multimedia, Communications satellite

Today, Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced their entrance into the small satellite geosynchronous orbit (GEO) market with their SmallSat GEO™ solution for satellites above 500kg.

Key Points: 
  • Today, Terran Orbital Corporation (NYSE: LLAP ) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced their entrance into the small satellite geosynchronous orbit (GEO) market with their SmallSat GEO™ solution for satellites above 500kg.
  • View the full release here: https://www.businesswire.com/news/home/20240314572513/en/
    Artist rendering of Terran Orbital’s SmallSat GEO.
  • “Our customers require agility, affordability, and the ability to adapt their geosynchronous communication architecture,” said Marc Bell, Co-Founder, Chairman, and Chief Executive Officer at Terran Orbital.
  • By offering this new capability, Terran Orbital further solidifies its position as a leader in cost-effective responsive space solutions.

Kopin Corporation Reports Financial Results for the Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, March 14, 2024
Wearables, Mobile Technology, Technology, Other Defense, Other Technology, Military, Audio, Video, Hardware, Consumer Electronics, Defense, Artificial Intelligence, Automation, Growth, Weakness, Form, Corporation, Internal, Research, Kopin, Sale, 3D, KOPN, Risk, Kopin Corporation, ATM, OLED, Administration, Total, Market, Video game

Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.

Key Points: 
  • Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.
  • Product revenues for the fourth quarter ended December 30, 2023, were $6.8 million, compared to $8.7 million for the fourth quarter ended December 31, 2022.
  • R&D expenses for the fourth quarter of 2023 were $2.2 million compared to $4.7 million for the fourth quarter of 2022.
  • SG&A expenses were $5.9 million for the fourth quarter of 2023, compared to $4.9 million for the fourth quarter of 2022.

Leonardo DRS to Host Investor Day

Retrieved on: 
Thursday, March 14, 2024
Technology, Homeland Security, Security, Military, Telecommunications, Public Policy, Government, Networks, Government Technology, Defense, Webcast, Leonardo DRS, Growth

Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, will host its investor day in-person in New York and via webcast with financial analysts and institutional investors today, March 14, 2024, beginning at 9:00 a.m. E.T.

Key Points: 
  • Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, will host its investor day in-person in New York and via webcast with financial analysts and institutional investors today, March 14, 2024, beginning at 9:00 a.m. E.T.
  • During the event, the Leonardo DRS management team will discuss the company’s differentiated portfolio, strategic priorities, operations and growth outlook.
  • Presenters for the investor day include:
    Individuals interested in joining the investor day virtually may access the presentation and webcast of the event as well as submit written questions, here .
  • A replay of the investor day and supplemental information will be available on the company’s investor relations website later this afternoon, following the conclusion of the event.

Navy Federal Credit Union Announces Next Chief Operating Officer

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Defense, Finance, Military, Banking, Veterans, Navy Federal Credit Union, Culture, Cardona, Roosevelt Roads Naval Station, Record, McDuffie, Thought, Credit, Love, Multimedia, Credit union, Navy, Management

Kara Cardona has been announced as Navy Federal Credit Union’s next Chief Operating Officer.

Key Points: 
  • Kara Cardona has been announced as Navy Federal Credit Union’s next Chief Operating Officer.
  • Cardona replaces Dietrich Kuhlmann, who recently succeeded Mary McDuffie as Navy Federal’s Chief Executive Officer .
  • “When I joined the credit union as a part-time employee at our branch in Naval Station Roosevelt Roads, Puerto Rico, I completely fell in love with the culture and the mission of Navy Federal,” said Cardona.
  • “Given her extensive experience at Navy Federal Credit Union, Kara is deeply familiar with how our teams work together to provide what our members need – 24 hours a day, 365 days a year,” Kuhlmann continued.

Fairbanks Morse Defense Continues Expanding Turnkey Solutions with AMMCON Acquisition

Retrieved on: 
Tuesday, March 26, 2024
Other Manufacturing, Contracts, Maritime, Engineering, Transport, Military, Manufacturing, Machinery, Defense, Military Sealift Command, Acquisition, Columbia, FMD, Ford, Coast guard

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp. , a Jacksonville- based fittings and assembled components manufacturer.

Key Points: 
  • Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired AMMCON Corp. , a Jacksonville- based fittings and assembled components manufacturer.
  • The defense contractor’s acquisition continues its expansion and commitment to providing critical components to the U.S. Navy and other marine defense customers.
  • FMD’s acquisition enables AMMCON to expand its products to additional platforms and customers across the U.S. Navy , Coast Guard , and Military Sealift Command .
  • “Over the past 50 years, we have built our business as a defense contractor by honing our quality to pinpoint accuracy to the needs of defense,” said Darrell Grow, AMMCON CEO.

Everfox Partners with Microsoft to Advance Cloud Solutions for National Security

Retrieved on: 
Wednesday, March 13, 2024
Other Defense, White House, Federal Government, Security, Data Management, Government Technology, Technology, Homeland Security, Defense, Public Policy, Government, Military, Other Technology, Software, Networks, Internet, Mobile, Wireless, Intelligence, Partnership, Microsoft, Azure, Microsoft Azure

Global high-assurance cybersecurity leader, Everfox, formerly Forcepoint Federal , and Microsoft announced a strategic partnership agreement whereby Microsoft will integrate Everfox’s cross domain technology into Azure’s cloud service offerings.

Key Points: 
  • Global high-assurance cybersecurity leader, Everfox, formerly Forcepoint Federal , and Microsoft announced a strategic partnership agreement whereby Microsoft will integrate Everfox’s cross domain technology into Azure’s cloud service offerings.
  • Everfox's portfolio of accredited, defense-grade cross domain solutions is built to meet the most stringent security requirements of data access and transfer.
  • “When the power of Microsoft Azure is combined with Everfox’s defense-grade cybersecurity solutions, we enable improved security and a real-time experience for our government users and coalition partners worldwide."
  • Consequently, Everfox and Microsoft will be able to deliver enhanced value creation for the consumer by prioritizing an on-demand cloud service with built-in cybersecurity features.

National Security Compensation Sets Record High

Retrieved on: 
Wednesday, March 13, 2024
White House, Federal Government, Government Technology, Technology, Human Resources, Law Enforcement, Emergency Services, Apps, Applications, Homeland Security, Professional Services, Defense, Public Policy, Government, Artificial Intelligence, Military, Veterans, Software, Internet, Dice, Woman, Intelligence, Federation, COVID-19, Education, Dice.com, Sensitive compartmented information, Generation Z, DHI (company), Security clearance, Sensitive compartmented information facility, Happiness, Multimedia, Sickness, DHX, ClearanceJobs

In 2023, cleared candidates received a noteworthy 6% boost in compensation, increasing the average cleared salary to a new high of $114,946.

Key Points: 
  • In 2023, cleared candidates received a noteworthy 6% boost in compensation, increasing the average cleared salary to a new high of $114,946.
  • “The state of the national security job market remains strong,” said Evan Lesser, Founder and President of ClearanceJobs.
  • However, in national security, remote or hybrid work is a luxury that many employers cannot afford, due to the nature of the work.
  • The ClearanceJobs Compensation Report shows employers understand that imperative.”
    The Security Clearance Compensation report includes cleared compensation by state, occupation, education, security clearance level and other criteria.

BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement

Retrieved on: 
Wednesday, March 13, 2024
Software, Other Defense, Contracts, Data Management, Technology, Defense, Artificial Intelligence, Security, Satellite, Government Technology, Aerospace, Military, Manufacturing, Spaceflight Industries, Spectra, Air Force Research Laboratory, Government, AFRL, ISR, AI

BlackSky Technology Inc. (NYSE: BKSY ) won a competitive $24 million Air Force Research Laboratory (AFRL) ceiling contract to develop and demonstrate moving target engagement services.

Key Points: 
  • BlackSky Technology Inc. (NYSE: BKSY ) won a competitive $24 million Air Force Research Laboratory (AFRL) ceiling contract to develop and demonstrate moving target engagement services.
  • “BlackSky’s software-first, AI approach will add depth and scale to commercial space-based moving target detection, tracking and identification at machine speed,” said Brian E. O’Toole, BlackSky CEO.
  • Using the BlackSky Spectra® tasking and analytics platform, the company will use its own and third-party data to demonstrate how various AI and machine learning techniques affect tasking, multi-INT collection, automatic tipping-and-cueing, direct downlink and moving target engagement processing timelines within an exercise environment.
  • An initial award of $3.5 million was obligated at the time of the award.

Marine Corps Exchange Embarks on a Global ERP and Inventory Management Transformation with Jesta I.S. and the Cloud

Retrieved on: 
Wednesday, March 13, 2024
Technology, Mobile, Wireless, Footwear, Retail, Military, Apps, Applications, Supply Chain Management, Professional Services, Defense, Software, Contracts, Data Analytics, Data Management, Fashion, Forecasting, MCX, Locate, Master data, Portal vein, ERP, Electronics, Sales management, Stock, Woman, MCCS, Automation, Merchandising, Data management, Movement, Allocation

is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.

Key Points: 
  • is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.
  • The modern architecture of Jesta’s Merchandising ERP will also help MCX realize resilient cloud operations and facilitate the adaptability of future technology enhancements.
  • Currently headquartered in Quantico, VA, the Marine Corps Exchange was founded in 1897 with the opening of the first store at the Marine Barracks in Boston, MA.
  • “With Jesta’s Merchandising ERP, the foundation of Jesta’s Vision Retail Management Suite, the Marine Corps Exchange has obtained robust capabilities to unify enterprise data, which ensures data integrity.

Textron Aviation Special Missions Cessna Grand Caravans to be Acquired to Aid in Horn of Africa Security

Retrieved on: 
Wednesday, March 13, 2024
Contracts, Homeland Security, Air, Transport, Military, Public Policy, Government, Aerospace, Manufacturing, Defense, Textron Aviation, Policy, Aviation, Acquisition, Commercial, IDIQ, Cessna 208 Caravan, Foreign, Fuerza, COTS, Aircraft, Multimedia, Textron, Army, DAF

Textron Aviation today announced the award of a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for two Cessna Grand Caravan EX turboprop aircraft.

Key Points: 
  • Textron Aviation today announced the award of a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for two Cessna Grand Caravan EX turboprop aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20240313335405/en/
    Two Cessna Grand Caravan EX aircraft will be equipped to ensure the border sovereignty of the country of Djibouti (Photo: Business Wire)
    The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company.
  • “The two special missions Cessna Grand Caravan EX aircraft will be Intelligence, Surveillance, and Reconnaissance equipped to ensure the border sovereignty of the country of Djibouti,” said Bob Gibbs, vice president, Special Mission Sales for Textron Aviation.
  • With the addition of the two Cessna Grand Caravan EX for the Djiboutian Air Force, five aircraft have been ordered under the IDIQ contract.