General Electric LM2500

Satish Mehta Appointed to Express, Inc. Board of Directors

Retrieved on: 
Thursday, December 1, 2022

The Board of Directors of fashion apparel retailer Express, Inc. (NYSE: EXPR) has named Satish Mehta as a Class I director, effective today.

Key Points: 
  • The Board of Directors of fashion apparel retailer Express, Inc. (NYSE: EXPR) has named Satish Mehta as a Class I director, effective today.
  • Mr. Mehta, 57, has a deep background in database engineering and a strong track record in technical leadership roles.
  • I am so pleased to welcome Satish to the Express, Inc. Board of Directors.
  • He has rich experience driving the technological aspects of business growth and transformation across technologies, said Mylle H. Mangum, Chairman of the Board.

BOW RIVER CAPITAL HIRES PRIVATE EQUITY VETERAN RICHARD THACKRAY AS PRESIDENT

Retrieved on: 
Wednesday, October 5, 2022

In this role, Mr. Thackray is working closely with Bow River Capital Founder and CEO Blair Richardson and the firm's leadership team to ensure Bow River's continued success.

Key Points: 
  • In this role, Mr. Thackray is working closely with Bow River Capital Founder and CEO Blair Richardson and the firm's leadership team to ensure Bow River's continued success.
  • Bow River Capital is a private alternative asset manager based in Denver, Colorado, focused on investing in the lower middle market in three asset classes, including private equity, real estate, and software growth equity.In addition to its three private fund platforms, the Bow River Capital Evergreen Fund (EVERX) provides institutional-quality private market access to a broader set of investors.
  • Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure.
  • Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates.

UK Royal Navy Acquires Latest Generation REMUS 100s

Retrieved on: 
Wednesday, September 21, 2022

The new systems bring enhanced endurance and the latest generation of sensors and payloads, allowing for increased data quality and mission efficiency.

Key Points: 
  • The new systems bring enhanced endurance and the latest generation of sensors and payloads, allowing for increased data quality and mission efficiency.
  • Were proud to continue our longstanding partnership with the U.K. Royal Navy, said Duane Fotheringham, president of the Unmanned Systems business group at HIIs Mission Technologies division.
  • Our newest REMUS 100s will bolster their existing fleet with increased capability for the U.K.s subsea autonomous operations.
  • With these new systems, the U.K.s Ministry of Defence has acquired a mix of REMUS 100s and REMUS 600s used for mine countermeasure operations over the last 20 years.

Global Undersea Warfare Systems Market Analysis/Research Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 8, 2022

The growth of the global undersea warfare systems market is driven by surge in demand for stealth undersea warfare systems, government support for strengthening undersea warfare capabilities, and advent of underwater drones for undersea warfare.

Key Points: 
  • The growth of the global undersea warfare systems market is driven by surge in demand for stealth undersea warfare systems, government support for strengthening undersea warfare capabilities, and advent of underwater drones for undersea warfare.
  • In addition, introduction of affordable, lightweight, and efficient undersea warfare systems has strengthened the growth of the market.
  • However, factors such as operational complexities associated with undersea unmanned systems and high upfront & operational costs of attack submarines act as key deterrents of the global undersea warfare systems market.
  • The report presents information related to the key drivers, restraints, and opportunities of the global undersea warfare systems market with a detailed impact analysis.

GreaseBoss donating equipment to British Royal Navy to prevent future grease-related failures

Retrieved on: 
Thursday, September 1, 2022

BRISBANE, Australia, Sept. 1, 2022 /PRNewswire/ -- GreaseBoss, a Sunshine Coast-based digital transformation company is donating its cloud-based grease-tracking system to the British Royal Navy to help the navy prevent additional grease-related failures                                                

Key Points: 
  • GreaseBoss is attempting to contact the Royal Navy to donate its innovative grease-tracking system which is designed to eliminate 99% of the risk of grease-related failures.
  • Through the GreaseBoss cloud-based system, the Royal Navy maintenance team will be notified when a scheduled greasing event has been missed, allowing the team to go back and apply the correct amount of grease to all of the grease points on the ship, thus preventing future failures and eliminating the embarrassment caused by this mistake.
  • While GreaseBoss is unable to determine what the total cost of this failure will be for the Royal Navy, GreaseBoss has researched the cost of grease-related failures in the mining industry and found that the largest mining companies in the world lose over $100 million annually due to grease-related failures.
  • Please contact CEO Tim Hall to schedule an interview or to help GreaseBoss make the proper connection to the British Royal Navy so that the equipment can be donated to the proper Naval department.

HMS Anson - The Most Advanced Submarine Ever Built by BAE Systems - Commissioned Into the Royal Navy

Retrieved on: 
Wednesday, August 31, 2022

The latest Astute class submarine to be built by BAE Systems, HMS Anson, was officially commissioned into the Royal Navy during a ceremony at BAE Systems' site in Barrow-in-Furness, Cumbria, today.

Key Points: 
  • The latest Astute class submarine to be built by BAE Systems, HMS Anson, was officially commissioned into the Royal Navy during a ceremony at BAE Systems' site in Barrow-in-Furness, Cumbria, today.
  • The Astute submarines are recognised as the most technologically advanced attack submarines ever operated by the Royal Navy.
  • BAE Systems Chief Executive, Charles Woodburn, said: The Astute class submarines are among the finest engineering accomplishments in the world.
  • BAE Systems has delivered the first four submarines in the Astute class which are currently in service with the Royal Navy.

Duncan Bannatyne endorses the world of Vertical Farming

Retrieved on: 
Thursday, July 7, 2022

LONDON, July 7, 2022 /PRNewswire/ -- Duncan Bannatyne brings his expertise and entrepreneurial skill to agricultural technology company, Innovation Agri-Tech Group ('IAG'), having joined the Board of the Company as a Non-Executive Director.  

Key Points: 
  • Bannatyne is a philanthropist and author of seven books, and famous for being a business angel on BBC TV's 'Dragon's Den'.
  • Duncan Bannatyne, Non-Executive Director at IAG, comments: "On visiting the IAG farm, I was quite amazed at how simple it is to grow food indoors and importantly vertically.
  • As populations continue to grow, we need a new way of producing food as traditional farming methods alone aren't meeting demand, and in my opinion vertical farming is the perfect solution.
  • It's a really exciting moment and we genuinely believe that vertical farming is the technology of the future."

Duncan Bannatyne endorses the world of Vertical Farming

Retrieved on: 
Thursday, July 7, 2022

LONDON, July 7, 2022 /PRNewswire/ -- Duncan Bannatyne brings his expertise and entrepreneurial skill to agricultural technology company, Innovation Agri-Tech Group ('IAG'), having joined the Board of the Company as a Non-Executive Director.  

Key Points: 
  • Bannatyne is a philanthropist and author of seven books, and famous for being a business angel on BBC TV's 'Dragon's Den'.
  • Duncan Bannatyne, Non-Executive Director at IAG, comments: "On visiting the IAG farm, I was quite amazed at how simple it is to grow food indoors and importantly vertically.
  • As populations continue to grow, we need a new way of producing food as traditional farming methods alone aren't meeting demand, and in my opinion vertical farming is the perfect solution.
  • It's a really exciting moment and we genuinely believe that vertical farming is the technology of the future."

Keel Laid for 5th Arctic and Offshore Patrol Ship (AOPS) the future HMCS Frédérick Rolette

Retrieved on: 
Thursday, June 30, 2022

Charles Frdrick Rolette was born in Qubec City on September 23, 1785 and joined the Royal Navy as a midshipman while a young teen.

Key Points: 
  • Charles Frdrick Rolette was born in Qubec City on September 23, 1785 and joined the Royal Navy as a midshipman while a young teen.
  • The future HMCS Frdrick Rolette will be 103.6 metres in length, have a 19 metre beam, displace 6,615 tonnes, and will be comprised of 440,000 parts.
  • Im excited to be here today to mark the keel laying of Canadas fifth Arctic and Offshore Patrol Ship, the future HMCS Frdrick Rolette.
  • Steel cutting for the final Arctic and Offshore Patrol ship - the future HMCS Robert Hampton Grey (AOPV 6) - will start this August.

BAE Systems Celebrates 15 Years of Supporting the Royal Navy’s Mine Countermeasure Vessels in the Gulf

Retrieved on: 
Monday, June 13, 2022

BAE Systems today marks 15 years of supporting Operations Aintree and Kipion, the Royal Navys mine countermeasure (MCM) strategy in the Gulf.

Key Points: 
  • BAE Systems today marks 15 years of supporting Operations Aintree and Kipion, the Royal Navys mine countermeasure (MCM) strategy in the Gulf.
  • In collaboration with the Royal Navys Forward Support Unit, BAE Systems provides continuous in-region support via its Hunt Class Output Management team.
  • Were enormously proud of the successful part weve played in enabling the Royal Navys mine countermeasure operations in the Gulf over the last 15 years, commented Jon Pearson, Warship Support Director, BAE Systems Maritime Services business.
  • BAE Systems was present at the event, alongside partners and other industry organisations which have supported the Royal Navys strategy in the Gulf.