SHI International Corp

Albany International Delivers Advanced 3D Woven VTP Fitting to Aernnova for Clean Sky 2 Technology Demonstrator

Retrieved on: 
Tuesday, June 20, 2023

Albany International Corp. (NYSE: AIN) announced today its subsidiary Albany Engineered Composites (AEC) has delivered its first composite vertical tail plane (VTP) fitting to support the Aernnova Clean Sky 2 full composite rear-end fuselage technology demonstrator.

Key Points: 
  • Albany International Corp. (NYSE: AIN) announced today its subsidiary Albany Engineered Composites (AEC) has delivered its first composite vertical tail plane (VTP) fitting to support the Aernnova Clean Sky 2 full composite rear-end fuselage technology demonstrator.
  • AEC’s collaboration with Aernnova represents the companies shared efforts at developing high volume industrialized and sustainable manufacturing technologies for next generation light weight aerostructures.
  • AEC’s composite VTP fitting has a uniquely designed hybrid preform of 3D woven and non-crimp fabric architectures for optimised load carrying capabilities.
  • Greg Harwell, AEC President added: “We continue to invest heavily in the development and simulation of applications such this composite fitting.

Albany International Is Excited to Deliver Its Advanced 3D Woven Rib to the Airbus Wing of Tomorrow Program

Retrieved on: 
Monday, June 19, 2023

Albany International Corp. (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites (AEC) recently delivered the first components it is producing for the Airbus Wing of Tomorrow Wing Box Assembly demonstrator program.

Key Points: 
  • Albany International Corp. (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites (AEC) recently delivered the first components it is producing for the Airbus Wing of Tomorrow Wing Box Assembly demonstrator program.
  • AEC’s collaboration with Airbus represents an important part of its strategic efforts aimed at developing high volume industrialized and sustainable manufacturing technologies for next generation Airbus aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20230616743120/en/
    Next Generation Airbus Composite Wing and Ribs (Graphic: Business Wire)
    During the last 3 years, AEC has been collaborating with Airbus on a number of government supported R&D programmes such as the Wing of Tomorrow and Clean Aviation.
  • Greg Harwell, AEC President added: “We are proud and excited to be working with Airbus to deliver lightweight and high-performing composite wing components that contribute to the extremely important sustainability goals of the aerospace industry.

Segra International Signs A Genetic Partnership Agreement with Grounded Genetics and The Holding Company

Retrieved on: 
Tuesday, June 13, 2023

VANCOUVER, British Columbia, June 13, 2023 (GLOBE NEWSWIRE) -- Segra International Corp. (“Segra”), an agriculture technology company is pleased to announce a new exclusive global distribution agreement with Grounded Genetics and The Holding Company.

Key Points: 
  • VANCOUVER, British Columbia, June 13, 2023 (GLOBE NEWSWIRE) -- Segra International Corp. (“Segra”), an agriculture technology company is pleased to announce a new exclusive global distribution agreement with Grounded Genetics and The Holding Company.
  • Under the terms of the agreements, Segra will partner with both companies to bring a significant collection of proven, award-winning and unreleased genetics to Canadian and International markets.
  • “I am thrilled to announce our partnership with Grounded Genetics and The Holding Company.
  • This partnership marks a significant milestone for our companies, and I am excited to embark on this journey of discovery and growth.”
    Ramone, CEO of Grounded Genetics commented, “We are excited to announce our partnership with Segra International.

Albany International Enters Definitive Agreement to Acquire Heimbach Group for €153 Million

Retrieved on: 
Wednesday, June 14, 2023

Albany International Corp. (“Albany” or the “Company”) (NYSE: AIN) announced today it has entered into a definitive agreement to acquire privately held Heimbach Group (“Heimbach”), a leading supplier of paper machine clothing, in an all cash transaction valued at approximately €153 million, including the assumption of €21 million net debt.

Key Points: 
  • Albany International Corp. (“Albany” or the “Company”) (NYSE: AIN) announced today it has entered into a definitive agreement to acquire privately held Heimbach Group (“Heimbach”), a leading supplier of paper machine clothing, in an all cash transaction valued at approximately €153 million, including the assumption of €21 million net debt.
  • The transaction has been unanimously approved by the Albany Board of Directors and Heimbach’s shareholders.
  • We look forward to working with the Heimbach team and welcoming them to Albany.”
    Marco Esper, CEO of Heimbach Group, said, “In Albany International, we found a like-minded partner who shares our commitment to best-in-class customer service and advancing modern paper production.
  • Albany has published a slide presentation in connection with today’s announcement which can be found on the Company’s investor relations website at investors.albint.com.

SHI International Receives Global Cloud Services Partner of the Year Award From Cohesity

Retrieved on: 
Wednesday, June 14, 2023

SHI International , one of the largest IT solutions providers in the world, has received the Global Cloud Services Partner of the Year Award from Cohesity , a leader in data security and management.

Key Points: 
  • SHI International , one of the largest IT solutions providers in the world, has received the Global Cloud Services Partner of the Year Award from Cohesity , a leader in data security and management.
  • The award was presented as part of Cohesity’s Global Partner Summit event.
  • The Cloud Services Partner of the Year award is given to partners who are successful in utilizing Cohesity Cloud Services to deliver their customers a hybrid or multi cloud data security and management solution.
  • SHI’s leading cloud technology solutions and expert services enable businesses to operate seamlessly and innovate continuously,” said Thai Lee, President and CEO of SHI.

Company Announces Cash Dividend of $0.01 Per Common Share for the Second Quarter of 2023

Retrieved on: 
Friday, June 9, 2023

HAUPPAUGE, New York, June 09, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share.

Key Points: 
  • HAUPPAUGE, New York, June 09, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share.
  • The declared dividend is payable to shareholders of record as of June 30, 2023, with a payment date of July 7, 2023.
  • Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
  • Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

SAIC to Deliver Space Battle Management Command and Control Solution for Space Development Agency

Retrieved on: 
Thursday, June 8, 2023

“The Space Development Agency is entrusting SAIC to deliver an innovative approach that weaves together command and control, secure cloud and space systems integration for critical warfighter needs.”

Key Points: 
  • “The Space Development Agency is entrusting SAIC to deliver an innovative approach that weaves together command and control, secure cloud and space systems integration for critical warfighter needs.”
    The BMC3 Application Factory is a cloud-based solution which will deliver software through a DevSecOps process to a constellation of hundreds of low-earth orbit satellites.
  • To support time-sensitive missions, BMC3 software applications will deliver automated space-based battle management through command and control, mission processing and dissemination of data.
  • Through the award, SAIC will integrate command and control, software, cyber, cloud and engineering solutions.
  • As the BMC3 integrator, SAIC will support the PWSA, a critical component to the Department of Defense’s JADC2 strategy.

SAIC Launches Trust Resilience, a New Government Zero Trust Cybersecurity Accelerator

Retrieved on: 
Wednesday, June 7, 2023

Science Applications International Corp. (NYSE: SAIC ) today announced the availability of Trust ResilienceTM, a holistic approach to support government agencies adopting the mandated Zero Trust architecture.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) today announced the availability of Trust ResilienceTM, a holistic approach to support government agencies adopting the mandated Zero Trust architecture.
  • SAIC’s Zero Trust Accelerator (ZTXL) is the cornerstone of the Trust Resilience framework, analyzing customer systems, applications, data, network, identity management and endpoints.
  • “Despite the hype surrounding Zero Trust, Government agencies are telling IDC they continue to struggle in prioritizing security modernization efforts outlined in Executive Order 14028,” said Aaron Walker, IDC Government Insights research manager, Government Trust, Security and Resiliency Strategies.
  • Trust Resilience provides a clear path for achieving Zero Trust maturity ahead of mandated deadlines.

SHI International Hires Andrea Daugherty to Expand Healthcare Vertical

Retrieved on: 
Tuesday, June 6, 2023

SHI International , one of the largest IT solutions providers in the world, has hired Andrea Daugherty as the Head of Digital Health.

Key Points: 
  • SHI International , one of the largest IT solutions providers in the world, has hired Andrea Daugherty as the Head of Digital Health.
  • Daugherty will serve as an integral member of SHI Healthcare ’s senior leadership team, managing a group that includes the Field Chief Technology Officer (CTO) and collaborating with customers, partners, and other internal teams to develop digital solutions that support the company’s healthcare clients’ unique needs.
  • Daugherty joins SHI from the Dell Medical School at the University of Texas at Austin, where she served as Chief Information Officer.
  • She brings more than a decade of progressive healthcare technology and clinical experience as well as a unique perspective as a former SHI customer.

SAIC Board of Directors Declares Cash Dividend

Retrieved on: 
Friday, June 2, 2023

Science Applications International Corp. (NYSE: SAIC ) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on July 28, 2023 to stockholders of record on July 14, 2023.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on July 28, 2023 to stockholders of record on July 14, 2023.
  • SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.
  • SAIC® is a premier Fortune 500® technology integrator driving our nation’s technology transformation.
  • SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.