NGI

AM Best Affirms Credit Ratings of National General Insurance Company (P.J.S.C.)

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星期五, 六月 7, 2024

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National General Insurance Company (P.J.S.C.)

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National General Insurance Company (P.J.S.C.)
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Global Next Generation Interceptor Industry Research 2024-2034: Lockheed Martin's Selection by the Missile Defense Agency (MDA) to Deliver NGI has Propelled Market Growth - ResearchAndMarkets.com

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星期五, 五月 17, 2024

The next generation interceptor (NGI) market, a burgeoning sector in defense, focuses on advanced missile defense systems critical for protecting against long-range ballistic missile threats within the Ground-based Midcourse Defense (GMD) system.

Key Points: 
  • The next generation interceptor (NGI) market, a burgeoning sector in defense, focuses on advanced missile defense systems critical for protecting against long-range ballistic missile threats within the Ground-based Midcourse Defense (GMD) system.
  • Lockheed Martin Corporation's selection by the Missile Defense Agency (MDA) to deliver NGI has propelled market growth, promising a new interceptor to enhance homeland security.
  • Driving the next generation interceptor market are escalating threats from rogue states' intercontinental ballistic missiles, necessitating robust defense systems adaptable to evolving challenges.
  • North America leads the next generation interceptor market, with the U.S. making significant investments in missile defense.

Aerojet Rocketdyne to be Propulsion Provider for the Next Generation Interceptor

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星期二, 五月 14, 2024

Aerojet Rocketdyne, an L3Harris Technologies (NYSE: LHX) company, will be the propulsion provider for the Missile Defense Agency's (MDA) Next Generation Interceptor (NGI) as part of the Lockheed Martin team.

Key Points: 
  • Aerojet Rocketdyne, an L3Harris Technologies (NYSE: LHX) company, will be the propulsion provider for the Missile Defense Agency's (MDA) Next Generation Interceptor (NGI) as part of the Lockheed Martin team.
  • On April 15, MDA announced it selected Lockheed Martin for NGI, the nation's first line of defense against long-range ballistic missile threats from rogue nations.
  • NGI is part of MDA's Ground-based Midcourse Defense system and will provide a new, advanced interceptor to protect the homeland.
  • “Our propulsion technology has powered the nation's missile defense for decades,” said Christopher E. Kubasik, Chair and CEO, L3Harris.

GradGuard Strengthens Tuition Protection Program to Include Loss of Employment Protection

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星期一, 五月 6, 2024

PHOENIX, May 6, 2024 /PRNewswire/ -- GradGuard , the number one provider of college tuition and renters insurance programs, is pleased to announce that it has expanded its tuition insurance protection to include the covered loss of employment of a tuition payer as a covered reason for withdrawal.

Key Points: 
  • PHOENIX, May 6, 2024 /PRNewswire/ -- GradGuard , the number one provider of college tuition and renters insurance programs, is pleased to announce that it has expanded its tuition insurance protection to include the covered loss of employment of a tuition payer as a covered reason for withdrawal.
  • Tuition insurance can already provide reimbursement for a complete medical withdrawal due to a covered illness or injury, and death of a student or tuition payer.
  • We understand that the unexpected loss of a tuition payer's job can have a devastating impact on a student's ability to continue their education," said John Fees, co-founder and CEO of GradGuard.
  • GradGuard's Tuition Insurance can provide affordable protection that includes up to 100% of the cost of college including tuition, room and board, and academic fees.

NetLogistik & NextGen Invent Host LinkedIn Live Event on How to Unlock the Future of Supply Chain with AI and Automation

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星期四, 四月 18, 2024

DENVER, April 18, 2024 (GLOBE NEWSWIRE) -- NetLogistik , the leader in powerful services that guide companies toward the digital transformation of the supply chain, announces that the company and NextGen Invent Corporation (NGI) will host a LinkedIn Live Event on How to Unlock the Future of Supply Chain with AI and Automation.

Key Points: 
  • DENVER, April 18, 2024 (GLOBE NEWSWIRE) -- NetLogistik , the leader in powerful services that guide companies toward the digital transformation of the supply chain, announces that the company and NextGen Invent Corporation (NGI) will host a LinkedIn Live Event on How to Unlock the Future of Supply Chain with AI and Automation.
  • Attendees will get insights into emerging trends and technologies in AI and automation that are set to reshape the future of supply chain and logistics, from autonomous vehicles to blockchain integration.
  • “This event is a must-attend for industry leaders seeking to stay ahead of the curve,” says Deepak Mittal, CEO Next Gen Invent.
  • Mario Najera, a supply chain management leader with over two decades of experience, brings a wealth of expertise as a senior strategic advisor.

Northeast Grocery, Inc. Selects Birdzi to Enhance Shopper Communications and Personalization for Tops Friendly Markets

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星期四, 五月 2, 2024

Birdzi , the supermarket industry’s most comprehensive customer intelligence and engagement ecosystem, today announced that Northeast Grocery Inc. (NGI), the parent company of Tops Friendly Markets, selected Birdzi’s personalization and analytics platform to enhance customer connections at all 148 Tops locations in New York, Pennsylvania and Vermont.

Key Points: 
  • Birdzi , the supermarket industry’s most comprehensive customer intelligence and engagement ecosystem, today announced that Northeast Grocery Inc. (NGI), the parent company of Tops Friendly Markets, selected Birdzi’s personalization and analytics platform to enhance customer connections at all 148 Tops locations in New York, Pennsylvania and Vermont.
  • Once fully implemented, shoppers will benefit from individualized emails and unique promotional offers, made possible by Birdzi’s bold approach to AI-driven personalization.
  • NGI’s shared services group, Northeast Shared Services (NSS), selected Birdzi due to its unique breadth of capabilities and modern approach to customer intelligence and engagement.
  • NSS will implement Birdzi’s customer intelligence and engagement platform, including Birdzi’s VISPER solution , within the Tops banner.

U.S. Missile Defense Agency selects Lockheed Martin to provide its Next Generation Interceptor

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星期一, 四月 15, 2024

HUNTSVILLE, Ala., April 15, 2024 /PRNewswire/ -- On April 15, the Missile Defense Agency selected Lockheed Martin [NYSE: LMT] to deliver the nation's new homeland missile defense capability, the Next Generation Interceptor ( NGI ).

Key Points: 
  • HUNTSVILLE, Ala., April 15, 2024 /PRNewswire/ -- On April 15, the Missile Defense Agency selected Lockheed Martin [NYSE: LMT] to deliver the nation's new homeland missile defense capability, the Next Generation Interceptor ( NGI ).
  • Lockheed Martin, as the MDA's NGI prime contractor, will provide the most modern, reliable, and technically advanced interceptor in the history of the Ground-based Midcourse Defense (GMD) system.
  • "Lockheed Martin is proud to partner with the MDA on a revolutionary interceptor to advance our nation's security.
  • New and modern Lockheed Martin facilities, built for the homeland missile defense mission, recently opened in Huntsville, Alabama and under construction in Courtland, Alabama represent corporate dedication to NGI.

Global Electronic Warfare Market Size Expected to Reach $24.76 Billion by 2029

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星期二, 三月 26, 2024

The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.

Key Points: 
  • The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.
  • A report from Mordor Intelligence projected that the Electronic Warfare Market size is estimated at USD 19.30 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
  • Mordor Intelligence concluded: “Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities.
  • According to Straits Research , the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.

Topco Associates announces changes to Board of Directors, Operations Team

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星期四, 三月 21, 2024

While at the conference, the cooperative announced its 2024-2026 Board of Directors while also notifying the membership of changes taking place on its Operations Team.

Key Points: 
  • While at the conference, the cooperative announced its 2024-2026 Board of Directors while also notifying the membership of changes taking place on its Operations Team.
  • K-VA-T Food Stores Inc. President and Chief Executive Officer Steve Smith has been named Topco’s Chairman of the Board.
  • K-VA-T has been a member of Topco since 1995, and Smith and his team have been impactful leaders within the Topco membership.
  • “I’d like to thank Dan for his leadership and productive tenure, and I look forward to working with Rebecca to advance our Operations Team’s objectives,” said Mike Ferguson, Topco Senior Vice President and Operations Team co-chair.

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

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星期三, 二月 28, 2024

HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR).

Key Points: 
  • HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor.
  • This KP1 achievement follows the program's All Up Round Preliminary Design Review, which Lockheed Martin executed on-schedule in September .
  • We proved at KP1 that we have reached a level of maturity unprecedented at this stage of a missile defense program," said Sarah Reeves, vice president of NGI at Lockheed Martin.
  • The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as Fiscal Year 2027.