SHI International Corp

Albany International Appoints Gunnar Kleveland as President and Chief Executive Officer

Retrieved on: 
Monday, August 21, 2023
Aerospace, Manufacturing, Other Manufacturing, Air, Transport, AIN, Integrated operations, Textron, Safety, Symbol, Midwestern State University, Albany International, Bell Textron, Royal Norwegian Air Force, Carbon, Norwegian Armed Forces, SHI International Corp, Business administration, Acquisition, Embry–Riddle Aeronautical University, Safety (gridiron football position), Master of Business Administration, Heimbach Group, NYSE, Management, Science

Albany International Corp. (“Albany” or the “Company”) (NYSE: AIN) today announced that its Board of Directors has appointed Gunnar Kleveland to succeed Bill Higgins as President and CEO, effective September 1.

Key Points: 
  • Albany International Corp. (“Albany” or the “Company”) (NYSE: AIN) today announced that its Board of Directors has appointed Gunnar Kleveland to succeed Bill Higgins as President and CEO, effective September 1.
  • Mr. Kleveland is a seasoned executive with nearly two decades of industrial and aerospace leadership experience at Textron Inc.
  • He also held various leadership roles in strategic sourcing, supply chain and logistics at Bell Helicopter, including as Executive Vice President of Integrated Operations.
  • “We are pleased to have identified such an accomplished and experienced executive and are confident that he is the right person to lead Albany.

SAIC Announces Strategic Collaboration Agreement with AWS

Retrieved on: 
Monday, August 21, 2023
Data Management, Carriers and Services, Technology, Security, Software, Artificial Intelligence, Government Technology, Networks, Defense, Contracts, Internet, IDC, Intermittency, Amazon Web Services, Application, Result, Culture, Financial condition report, Intelligence, Newsroom, Government, SAIC, SHI International Corp, SCA, ZTA, Annual report, Risk, Analysis, Engineering, Comment, Artificial intelligence, Ecosystem, AWS, NYSE, News, Risk management, Renewable energy, Science

Science Applications International Corp. (NYSE: SAIC ) today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to provide industry-leading services, resources and expertise to help government customers better utilize SAIC’s secure cloud solutions in AWS GovCloud.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to provide industry-leading services, resources and expertise to help government customers better utilize SAIC’s secure cloud solutions in AWS GovCloud.
  • “AWS and SAIC share a commitment to providing government customers with offerings that support sensitive workloads both locally and at the edge,” said Dave Levy, vice president of US Federal, Worldwide Public Sector, AWS.
  • “Through our multi-year agreement, AWS will collaborate with SAIC to deliver purpose-built solutions that will accelerate government agencies’ abilities to modernize on AWS, as well as accelerate critical decision making.”
    “The agreement between AWS and SAIC is great news for government agencies,” says Adelaide O’Brien research vice president, IDC Government Insights.
  • SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Drilling Tools International Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023
Permian, DTI, Audit committee, SHI International Corp, Adjustment, Audit, Video game

HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp., (“DTI” or the “Company”) (Nasdaq: DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, operating from 22 locations across North America, Europe and the Middle East, today reported its financial and operational results for the quarter ended June 30, 2023.

Key Points: 
  • Product Sales Net Revenue in the second quarter totaled $8.9 million, an increase of 21% compared to the second quarter of 2022.
  • Second quarter 2023 Operating Expenses were $(31.3) million, compared to $(22.3) million in the second quarter of 2022.
  • Second quarter 2023 Net Income was $0.9 million, or $0.05 per diluted share, compared to Net Income of $5.9 million, or $0.30 per diluted share, in the prior year quarter.
  • Second quarter 2023 Adjusted EBITDA was $13.3 million, compared to Adjusted EBITDA of $8.8 million in the prior year quarter.

ActivTrak Partners with SHI International to Secure NASPO ValuePoint Cloud Solutions Listing

Retrieved on: 
Thursday, August 17, 2023
Cloud, Local, Workforce, Software as a service, SHI International Corp, Rose Institute of State and Local Government, Platform as a service, Infrastructure as a service, North Carolina Department of Agriculture and Consumer Services, State, Partnership, Superior court, Iowa Department of Human Services, Job satisfaction, SHI, Burnham v. Superior Court of California, ActivTrak, North Carolina Department of Revenue, Mississippi Department of Corrections, Research, Bangladesh Technical Education Board, Software, Management

AUSTIN, Texas, Aug. 17, 2023 /PRNewswire/ -- ActivTrak, a leading provider of workforce analytics software, today announced significant momentum in the State and Local Government sector, supported by notable customer wins and addition to the NASPO ValuePoint for Cloud Solutions contract held by SHI International.

Key Points: 
  • AUSTIN, Texas, Aug. 17, 2023 /PRNewswire/ -- ActivTrak , a leading provider of workforce analytics software, today announced significant momentum in the State and Local Government sector, supported by notable customer wins and addition to the NASPO ValuePoint for Cloud Solutions contract held by SHI International.
  • NASPO ValuePoint provides the highest standard of excellence in public cooperative contracting.
  • As a NASPO ValuePoint Cloud Solutions provider , SHI International is authorized to offer a vast range of reliable and secure cloud options, including software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) solutions, as well as an array of value-added services.
  • The partnership announced today allows SHI International and its reseller partners to provide ActivTrak's workforce analytics software to participating States, Local Governments and Educational Institutions.

SHI International Announces Strategic Collaboration Agreement With AWS

Retrieved on: 
Monday, August 7, 2023
Data Management, Security, Technology, Software, Networks, Hardware, Cloud, Customer success, Amazon Web Services, SHI International Corp, Infrastructure, Public sector, SCA, SHI, Glass, AWS, Risk management, Management

SHI International , one of North America’s largest IT solutions providers, today announced that it has entered into a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).

Key Points: 
  • SHI International , one of North America’s largest IT solutions providers, today announced that it has entered into a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).
  • Through this SCA, SHI is committed to growing an already formidable AWS practice through increased cloud professional and managed services capabilities.
  • SHI will also expand its presence in AWS Marketplace, solidifying the company’s status as an AWS Premier Tier Services Partner.
  • It’s why expanding our Strategic Collaboration Agreement is so exciting,” said Chris Sullivan, General Manager Worldwide System Integrators at AWS.

Orbit International’s Simulator Product Solutions Subsidiary Reports July Bookings of Approximately $1,250,000

Retrieved on: 
Friday, August 4, 2023
Electronics, Federal, AC, Tenant, SHI International Corp, Binder, Growth, SPS, 348th Tactical Electronics Group, Disclosure, News, COTS, Lease, Orbit

HAUPPAUGE, New York, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that bookings from its Simulator Product Solutions LLC subsidiary (“SPS”) for the month of July 2023 were approximately $1,250,000 bringing its year-to-date bookings to approximately $6,900,000, an increase of approximately 27% over the entire 2022 fiscal year. Deliveries for the July 2023 orders are expected to commence in the third quarter of 2023 and are expected to continue through the third quarter of 2024.

Key Points: 
  • HAUPPAUGE, New York, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that bookings from its Simulator Product Solutions LLC subsidiary (“SPS”) for the month of July 2023 were approximately $1,250,000 bringing its year-to-date bookings to approximately $6,900,000, an increase of approximately 27% over the entire 2022 fiscal year.
  • Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report that bookings from our SPS subsidiary for the month of July 2023 were approximately $1,250,000.
  • This brings SPS’ year-to-date bookings to approximately $6,900,000, an increase of approximately 27% over the approximately $5,400,000 in bookings for the entire 2022 fiscal year.
  • Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

SHI Achieves New Tool Verification Status for Oracle JAVA

Retrieved on: 
Thursday, August 3, 2023
Networks, Security, Data Management, Technology, Software, Oracle Database, SHI International Corp, LMS, Java, SODA, Consultant, Organization, SHI, Investment, ITAM, Risk, Java (software platform), GLAS, Asset management, Oracle

SHI International , one of the largest IT solutions providers in the world, today announced that Oracle has verified its product, SHI Oracle Discovery Application (SODA) for Java.

Key Points: 
  • SHI International , one of the largest IT solutions providers in the world, today announced that Oracle has verified its product, SHI Oracle Discovery Application (SODA) for Java.
  • SHI’s Oracle Discovery Application (SODA), previously verified for Oracle Databases, provides an approved alternative to running Oracle’s license measurement tools and gives organizations complete visibility of their Oracle Java installations, license compliance position, and identifies potential savings and risks.
  • SODA produces a complete Oracle-verified inventory of an enterprise’s Java licensing obligations and reports how Oracle would determine the use.
  • With continuous scanning, SODA maintains control over Oracle Java licensing costs and includes the expert advice of SHI’s license consultants to ensure deployments are managed properly.

Drilling Tools International to Report Second Quarter 2023 Financial Results on August 14, 2023

Retrieved on: 
Thursday, August 3, 2023
SHI International Corp, Interest, DTI, Petroleum, Security (finance)

HOUSTON, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp. (“DTI” or the “Company”) (Nasdaq: DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, will release its financial results for the second quarter of 2023 before market open on Monday, August 14, 2023.

Key Points: 
  • HOUSTON, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp. (“DTI” or the “Company”) (Nasdaq: DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, will release its financial results for the second quarter of 2023 before market open on Monday, August 14, 2023.
  • Company press releases, SEC filings and investor presentations can be accessed via the DTI investor relations website at: https://investors.drillingtools.com/ .
  • Interested parties may subscribe to receive automated email alerts by visiting: https://investors.drillingtools.com/shareholder-services/email-alerts .

SAIC Awarded $91M U.S. Navy Contract for Software Development and Engineering

Retrieved on: 
Tuesday, July 25, 2023
Software, Other Defense, Contracts, Technology, Defense, Satellite, Science, Engineering, Government Technology, Aerospace, Military, Other Science, Manufacturing, Acceleration, Maintenance, Defense Technical Information Center, Application, IAC, Result, Culture, United States Department of Defense, Financial condition report, Intelligence, V-22, Research, Newsroom, CAMEO, Comprehensive, SAIC, SHI International Corp, U.S. Air Force Emergency Management, DTIC, S&T, MAC, PMA, Acquisition, Annual report, Risk, Analysis, Navy, Comment, RIC, ITS, Defense Contract Audit Agency, Artificial intelligence, Federation, Ecosystem, R, Integration, NAVAIR, NYSE, Naval Air Systems Command, News, Risk management

SAIC was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle.

Key Points: 
  • SAIC was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle.
  • “We look forward to expanding our support of NAVAIR’s V-22 LOG-IT product line,” said Bob Genter, president, Defense & Civilian Sector at SAIC.
  • “Supporting the Navy beyond the aircraft flightline is an incredible opportunity.
  • The company will also facilitate the release of product changes to enhance functionality and interoperability based on engineering changes made to aircrafts in production.

SHI International and Casey Murphy Goalkeeping Academy Announce Brand Ambassador Partnership

Retrieved on: 
Monday, July 17, 2023
Soccer, Data Management, Security, Sports, Technology, Software, Networks, SHI International Corp, Partnership, Face, Multimedia, USWNT, Rutgers University, SHI, North Carolina Courage, NWSL, Risk management, Video game

SHI International , one of the world's largest IT solutions providers, and top National Women’s Soccer League (NWSL) goalkeeper Casey Murphy, today announced a mutual brand ambassador partnership.

Key Points: 
  • SHI International , one of the world's largest IT solutions providers, and top National Women’s Soccer League (NWSL) goalkeeper Casey Murphy, today announced a mutual brand ambassador partnership.
  • Officially an agreement between SHI and Casey Murphy Goalkeeping Academy (CMGK), the partnership will help fortify the resources available to CMGK coaches and players while making one of the world’s best defenders the face of SHI’s cybersecurity practice.
  • “Casey is not just a world-class athlete, but also an inspiring business owner who is committed to nurturing the next generation of soccer players,” said Thai Lee, President and CEO of SHI International.
  • “We began this partnership with a small sponsorship of their first clinic and after witnessing the positive effect Casey has on young players, we wanted to expand our support.