United States Army

120 East State Announces Major Milestone in Project to Transform Historic Downtown Church into Steeple Center For Arts and Culture

Retrieved on: 
Tuesday, December 5, 2023

120 East State, the non-profit converting the historic First Presbyterian Church of Trenton (FPCT) complex in downtown Trenton, announced today that the New Jersey State Historic Trust awarded it $3 million to transform the 300-year-old site into the Steeple Center, a community-oriented performing arts center and space for nonprofit and for-profit entities to use.

Key Points: 
  • 120 East State, the non-profit converting the historic First Presbyterian Church of Trenton (FPCT) complex in downtown Trenton, announced today that the New Jersey State Historic Trust awarded it $3 million to transform the 300-year-old site into the Steeple Center, a community-oriented performing arts center and space for nonprofit and for-profit entities to use.
  • The New Jersey Historic Trust and the James Kerney Foundation each made 2022 early investments of $825,000 and $5,000 respectively.
  • 120 East State formed in 2022 to repurpose the church, on the National Historic Register, with its other buildings and grounds.
  • “This is a tremendous day for the Steeple Center and for the community it will serve here in the heart of Trenton,” Cherry Oakley, 120 East State Board President, said.

Ascent Industries Appoints John W. "Wes" Johnson as President of Ascent Tubular

Retrieved on: 
Monday, December 4, 2023

Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. (“Wes”) Johnson as president of Ascent Tubular, effective December 4, 2023.

Key Points: 
  • Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has appointed John W. (“Wes”) Johnson as president of Ascent Tubular, effective December 4, 2023.
  • Mr. Johnson is a results-oriented executive bringing over 20 years of leadership experience across a variety of global industrial-focused companies.
  • While at Corrpro, Mr. Johnson led a global organization with 14 locations and three manufacturing and distribution centers.
  • “We continue to strengthen our operational leadership at Ascent, bringing onboard another proven executive in Wes to lead our tubular segment,” said Chris Hutter, president and CEO of Ascent.

Cyberlux Corporation (OTC: CYBL) Releases Third Quarter 2023 Financial and Operational Results; Announces Transformative Actions to Refocus the Company on the Defense Technology Sector

Retrieved on: 
Tuesday, November 21, 2023

Our operating period ended September 30, 2023, has set the stage for the Company to capitalize on remarkable opportunities across the global Defense Technology markets.

Key Points: 
  • Our operating period ended September 30, 2023, has set the stage for the Company to capitalize on remarkable opportunities across the global Defense Technology markets.
  • Our work to remove the CE designation continues, but the Company is driving breakthrough results regardless of these temporary obstacles.
  • As the Company develops advanced technology products, we will identify core technology and product companies, and these companies will become the Cyberlux growth catalysts.
  • As the results show, Cyberlux is building a global enterprise and developing into a leading technology growth company.

AeroVironment’s JUMP 20 Group 3 UAS Demonstrates Modularity and Adaptability at Arcane Thunder 23 Multi-Domain Exercise

Retrieved on: 
Tuesday, November 14, 2023

AeroVironment, Inc. recently participated in the Arcane Thunder 23 (AT23) operational exercise in Europe, demonstrating the JUMP 20 Group 3 unmanned aircraft system’s (UAS) ability to support multi-domain operations.

Key Points: 
  • AeroVironment, Inc. recently participated in the Arcane Thunder 23 (AT23) operational exercise in Europe, demonstrating the JUMP 20 Group 3 unmanned aircraft system’s (UAS) ability to support multi-domain operations.
  • The intent of this exercise is to validate and test the continuous integration of effects in various domains including air, land, sea, space, and cyberspace.
  • View the full release here: https://www.businesswire.com/news/home/20231114538550/en/
    AeroVironment's JUMP 20 Group 3 UAS during the AT23 operational exercise near Ustka, Poland in August 2023.
  • The exercise used industry technology, such as the JUMP 20, to enhance communication between sensors and shooters, enabling warfighters to efficiently coordinate lethal and non-lethal effects.

Tel-Instrument Electronics Corp. Reports Financial Results For Second Quarter FY 2024

Retrieved on: 
Tuesday, November 14, 2023

Revenues for the second quarter were $1.6 million, a 22% decrease from $2 million in the year-ago quarter.

Key Points: 
  • Revenues for the second quarter were $1.6 million, a 22% decrease from $2 million in the year-ago quarter.
  • Bookings for the second quarter improved to $2.8 million and backlog increased to $6.5 million.
  • The gross margin percentage decreased to 23% versus 27% in the year-ago quarter.
  • Net loss was $435K or $(0.16) per share, compared to net loss of $477K or $(0.17) per share in the year-ago quarter.

GME Supply Recruits President and Chief Operating Officer

Retrieved on: 
Monday, December 18, 2023

COLUMBIA, Mo., Dec. 18, 2023 /PRNewswire/ -- GME Supply Company's ("GME") CEO, Caleb Messer, announced that the company has named Ryan Keogh as President and Chief Operating Officer.

Key Points: 
  • COLUMBIA, Mo., Dec. 18, 2023 /PRNewswire/ -- GME Supply Company's ("GME") CEO, Caleb Messer, announced that the company has named Ryan Keogh as President and Chief Operating Officer.
  • Before joining GME, Ryan held several commercial and operational leadership positions, most recently as the Chief Commercial Officer, at the Pearlman Group, a multi-channel developer and distributor of supplies, tools, and equipment for specialty contractors.
  • "I could not be more excited about joining the great team at GME Supply," said Keogh.
  • As a digitally enabled distributor that leads with innovation and service, the GME Supply platform has unlimited potential.

Space Force selects GURU and Princeton to Build the Future of Immersive Collaborative Training for Space Flight Operations

Retrieved on: 
Monday, December 18, 2023

GURU will bring autonomy to simulation and visualization workloads to meet demand coming from the worldwide radical increase in space missions.

Key Points: 
  • GURU will bring autonomy to simulation and visualization workloads to meet demand coming from the worldwide radical increase in space missions.
  • The volume of both commercial and government space missions is growing exponentially, and teaching trainers with varying amounts of experience to create effective space flight mission operations training scenarios is a challenging task that requires careful planning and adaptation.
  • This effort requires the integration of a variety of simulation software packages critical to space flight, including open source and commercial software like GMAT and Cesium.
  • The commercialization opportunity from just the Unreal Engine component of this work addresses several million worldwide users, and commercial space demands this level of autonomy as space flight operations become as routine as commercial airline traffic.

Union Pacific Appoints John Tien to Board of Directors

Retrieved on: 
Thursday, December 14, 2023

OMAHA, Neb., Dec. 14, 2023 /PRNewswire/ -- Union Pacific Corporation (NYSE: UNP) today announced the appointment of John Tien to its board of directors, effective immediately.

Key Points: 
  • OMAHA, Neb., Dec. 14, 2023 /PRNewswire/ -- Union Pacific Corporation (NYSE: UNP) today announced the appointment of John Tien to its board of directors, effective immediately.
  • "John's global perspective on operations, technology and risk management are unique and bring a new perspective to Union Pacific," said Chairman of the Board Mike McCarthy.
  • "John brings an impressive track record with a history of protecting critical infrastructure and people," said Union Pacific Chief Executive Officer Jim Vena.
  • "The entire board welcomes John and I look forward to working with him as Union Pacific strives to be the best in safety and provide our customers the service we promise."

NOVA Educational Foundation to Host Gen. David Petraeus for Student Success Fund Benefit

Retrieved on: 
Wednesday, December 13, 2023

ANNANDALE, Va., Dec. 13, 2023 /PRNewswire-PRWeb/ -- On Thursday, January 25th at 6 p.m., the Northern Virginia Community College Educational Foundation will host Retired U.S. Army General David H. Petraeus for a benefit event to raise funds for NOVA's Student Success Fund. Petraeus will discuss the recently published book he co-wrote, Conflict: The Evolution of Warfare from 1945 to Ukraine. This event will be held in the Barbara A. Wyles Auditorium located on NOVA's Alexandria Campus, 5000 Dawes Ave, Alexandria.

Key Points: 
  • On Thursday, January 25th at 6 p.m., the Northern Virginia Community College Educational Foundation will host Retired U.S. Army General David H. Petraeus for a benefit event to raise funds for NOVA's Student Success Fund.
  • ANNANDALE, Va., Dec. 13, 2023 /PRNewswire-PRWeb/ -- On Thursday, January 25th at 6 p.m., the Northern Virginia Community College Educational Foundation will host Retired U.S. Army General David H. Petraeus for a benefit event to raise funds for NOVA's Student Success Fund.
  • Petraeus will discuss the recently published book he co-wrote, Conflict: The Evolution of Warfare from 1945 to Ukraine.
  • The NOVA Foundation Student Success Fund was established to assist students facing unexpected emergency expenses that could derail their education and could force them to stop out or drop out of college.

Second successful live-fire for RTX's Raytheon Lower Tier Air and Missile Defense Sensor

Retrieved on: 
Wednesday, December 13, 2023

WHITE SANDS MISSILE RANGE, N.M., Dec. 13, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, completed another successful live-fire demonstration of the advanced, 360-degree Lower Tier Air and Missile Defense Sensor, known as LTAMDS. This tactical ballistic missile live fire represents the latest in a series of test event successes, closely following the cruise missile live fire test and the recently completed contractor verification testing. All milestones validate the radar's performance and progression through developmental testing.

Key Points: 
  • WHITE SANDS MISSILE RANGE, N.M., Dec. 13, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, completed another successful live-fire demonstration of the advanced, 360-degree Lower Tier Air and Missile Defense Sensor, known as LTAMDS.
  • This tactical ballistic missile live fire represents the latest in a series of test event successes, closely following the cruise missile live fire test and the recently completed contractor verification testing.
  • For this test event, conducted in partnership with the U.S. Army, a tactical ballistic missile surrogate was launched, flying a threat-representative trajectory.
  • LTAMDS is the next generation air and missile defense radar for the U.S. Army.