HWIL

SAIC Announces Fourth Quarter and Full Fiscal Year 2024 Results

Retrieved on: 
Monday, March 18, 2024
Other Manufacturing, Technology, Other Defense, Contracts, Engineering, Other Technology, Aerospace, Manufacturing, Defense, Artificial Intelligence, MUFG Bank, LTD, Exercise, Sale, Naval Surface Warfare Center, Spacecraft, WR, SAIC, Space Systems Command, Navy, FSA, United States Space Force, Certification, Vandenberg Space Force Base, Big Idea, Public expenditure, Submarine, Digital transformation, MK 48, Supply chain, Intelligence, SSP, Organization, MARPA, Acceleration, Patrick Space Force Base, Acquisition, Supply, NSWC, Torpedo, Army Reserve Command, USARC, HWIL, Life, Hardware, Video game

Fiscal year 2024 consisted of 52 weeks, while fiscal year 2023 consisted of 53 weeks with the extra week occurring in the fourth quarter.

Key Points: 
  • Fiscal year 2024 consisted of 52 weeks, while fiscal year 2023 consisted of 53 weeks with the extra week occurring in the fourth quarter.
  • Diluted earnings per share for the quarter was $0.74 compared to $1.34 in the prior year quarter.
  • Adjusted diluted earnings per share(1) was $1.43 for the quarter compared to $2.04 in the prior year quarter.
  • The weighted-average diluted shares outstanding during the quarter decreased to 52.7 million shares from 55.3 million during the prior year quarter.

SAIC to Support the U.S. Navy’s Hypersonics Advanced Concepts and Strategic Missions Programs

Retrieved on: 
Thursday, January 4, 2024
Technology, Engineering, Aerospace, Manufacturing, Military, Artificial Intelligence, Defense, Other Technology, Other Defense, Software, Contracts, Hardware, Other Manufacturing, Government Technology, Annual report, Technology transfer, Ecosystem, Culture, Newsroom, Risk, System, Naval Surface Warfare Center, Research, NSWC, SAIC, Result, Analysis, News, Application, HWIL, Artificial intelligence, Intelligence, SSP, Department of Defence, Comment, Management

Science Applications International Corp. (NYSE: SAIC ) has been awarded a $63 million contract from the U.S. Navy to support hypersonics advanced concepts and strategic mission solutions for the Navy’s Strategic Systems Programs (SSP) and the Naval Surface Warfare Center (NSWC) Crane, Ind., Strategic Systems Hardware Division (GXW).

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) has been awarded a $63 million contract from the U.S. Navy to support hypersonics advanced concepts and strategic mission solutions for the Navy’s Strategic Systems Programs (SSP) and the Naval Surface Warfare Center (NSWC) Crane, Ind., Strategic Systems Hardware Division (GXW).
  • “Every day, SAIC provides expertise in systems integration and delivery solutions in support of the U.S. Navy’s strategic priorities,” said Barbara Supplee, senior vice president, Navy Business Group at SAIC.
  • SAIC’s continuing support to NSWC Crane will also include developing unique test capabilities, assessing and addressing technology gaps, recommending requirements and solutions for hypersonics advanced concepts and strategic mission areas, identifying critical enabling technologies and assessing a technology’s suitability for specific applications including flight qualification.
  • SAIC will assist SSP and NSWC Crane in driving quick-reaction analysis and rapid engineering principals across Department of Defense hypersonic advanced concepts and strategic mission initiatives to enable continued technological superiority.

Global Hardware in the Loop Market Report to 2028 - Application of HIL in Multitude of Areas like Robotics, Aviation and Offshore Systems is Driving Growth

Retrieved on: 
Tuesday, November 15, 2022
Algorithm, Control, Commerce, Aviation, Uncertainty, HWIL, Power electronics, Lidar, HITL, HIL, CAGR, Software, Industry, GPS, Robotics, Electronics, Double-loop marketing, Écu, COVID-19, IO, Radar, Modular Engine Management System, High Island Offshore System, Solution, Instrumentation, Defense

The Global Hardware in the Loop Market size is expected to reach $1.5 billion by 2028, rising at a market growth of 10.4% CAGR during the forecast period.

Key Points: 
  • The Global Hardware in the Loop Market size is expected to reach $1.5 billion by 2028, rising at a market growth of 10.4% CAGR during the forecast period.
  • The hardware-in-the-loop (HIL) simulation is a method used in testing and developing complex real-time embedded systems.
  • By integrating the intricacy of the process-actuator system, or a plant, into a test platform, HIL simulation creates an efficient testing environment.
  • Microgrids, aviation models, and the development of automotive environments are examples of complex systems that call for hardware which can handle intensive data processing.

Outlook on the Hardware in the Loop Global Market to 2028 - Featuring Robert Bosch, National Instruments, dSPACE and Speedgoat Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022
Technology, Other Technology, Software, HIL, Lidar, Control, High Island Offshore System, Industry, CAGR, Electronics, Robotics, Double-loop marketing, Radar, Algorithm, Écu, GPS, HITL, HWIL, IO, Aviation, Modular Engine Management System, Power electronics, Solution, Instrumentation, Defense

The Global Hardware in the Loop Market size is expected to reach $1.5 billion by 2028, rising at a market growth of 10.4% CAGR during the forecast period.

Key Points: 
  • The Global Hardware in the Loop Market size is expected to reach $1.5 billion by 2028, rising at a market growth of 10.4% CAGR during the forecast period.
  • By integrating the intricacy of the process-actuator system, or a plant, into a test platform, HIL simulation creates an efficient testing environment.
  • The inclusion of a mathematical description of all connected dynamic systems in testing and development takes into account the complexity of the controlled plant.
  • A HIL simulator must be extremely complicated to run at high speeds or to use dedicated IO to produce high frequencies.

DC Capital Invests in Valkyrie: Combines with Hill Technical Solutions

Retrieved on: 
Tuesday, May 17, 2022
Communication, Company, MDA, Future Combat Systems Manned Ground Vehicles, Investment, Contract, United States Army Command, Control, Communication, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center, HWIL, Solution, Under Secretary of Defense for Personnel and Readiness, Arnold, United States Department of Defense, Federation, HTS, Control, Workforce, Federal government of the United States, LLP, Partnership, Missile Defense Agency, Arnold & Porter, Government Mahila Engineering College, Technology, Country, Geographic Locator Codes, DCCP, Intelligence community, Government, Computer, LLC, Growth, Acquisition, Management, Risk management, Tourism, Intelligence, United States Army, Valkyrie

In conjunction with the acquisition, Hill Technical Solutions, LLC ("HTS"), an existing DC Capital portfolio company, will be merged with Valkyrie.

Key Points: 
  • In conjunction with the acquisition, Hill Technical Solutions, LLC ("HTS"), an existing DC Capital portfolio company, will be merged with Valkyrie.
  • Valkyrie's end-to-end solutions begin with C5I system design and continue through system installation & maintenance, modernization & sustainment, and ongoing training support.
  • Thomas J. Campbell, Founder and Managing Partner of DC Capital, said, "We are extremely pleased to partner with the Valkyrie team.
  • To learn more about DC Capital Partners, please visit: www.dccp.com