Latest news with #IDIQ
Business Wire
02-07-2025
- Business
- Business Wire
S&K Aerospace Awarded Major Contract Under DLA Maritime Acquisition Advancement Program
ST. IGNATIUS, Mont.--(BUSINESS WIRE)-- S&K Aerospace, LLC has been awarded a significant contract under the Defense Logistics Agency's (DLA) Maritime Acquisition Advancement Program, managed by the U.S. Naval Supply Command - Weapon Systems Support (NAVSUP WSS) in Mechanicsburg, PA. This new opportunity further cements S&K Aerospace's role as a trusted logistics partner supporting the U.S. Navy's operational readiness. 'S&K is proud to announce another significant win, further solidifying our position as a world-class provider of logistics, supply chain, and repair support services for the Department of Defense and the Defense Logistics Agency.' Share S&K Aerospace will serve as one of six prime contractors under this Multiple Award Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The effort supports critical procurement needs for ten integrated Navy weapon systems, including Amphibious, Carrier, Submarine, Cruiser-Destroyer, and more. With performance beginning in May 2025, the contract includes a 5-year base period followed by five 1-year options. With a total contract ceiling of $10 billion, S&K Aerospace will compete alongside six other awardees to secure Task Orders. This award marks the beginning of a long-term engagement with significant potential for growth and expansion. 'S&K is proud to announce another significant win, further solidifying our position as a world-class provider of logistics, supply chain, and repair support services for the Department of Defense and the Defense Logistics Agency,' said Mike Delaney, Vice President of Operations. About S&K Aerospace S&K Aerospace is a subsidiary of S&K Technologies, Inc. and is owned by the Confederated Salish and Kootenai Tribes (CSKT). Contract awards like this provide meaningful economic dividends to CSKT shareholders, supporting programs involving cultural perpetuation, language revitalization, services for elders, and other social investments. For more information, visit:
Business Wire
26-06-2025
- Business
- Business Wire
AIRO Completes Naval Special Warfare Training Mission While Preparing to Execute on IDIQ Contract
ALBUQUERQUE, N.M. & MONTREAL & STØVRING, Denmark & WASHINGTON--(BUSINESS WIRE)--AIRO (Nasdaq: AIRO), a leader in advanced aerospace and defense technologies, today announced the successful conclusion of a highly specialized 90-day training support mission for Naval Special Warfare (NSW), building off strong revenue growth in 2024 and first half of 2025 in its military training division. "underscores that trust and reinforces our commitment to delivering innovative, mission-ready solutions" Share As a premier provider of special warfare subject matter experts and airborne assets, AIRO continues to deliver elite training solutions for the U.S. Navy and U.S. Marine Corps' Joint Terminal Attack Controller (JTAC) program. Operating across California, Idaho, and Nevada, AIRO deployed its fleet of fighter jets and specially modified Cessna twin-engine aircraft to execute hundreds of Close Air Support (CAS) mission hours. These operations were conducted under multiple award Indefinite Delivery Indefinite Quantity (IDIQ) contracts, including the Terminal Attack Controller Trainer (TACT) and Naval Special Warfare Air Support contracts. 'AIRO is honored to be recognized as a trusted provider of training solutions for the U.S. Department of Defense and allied clients around the globe, especially during today's tumultuous geopolitical environment,' said Dr. Chirinjeev Kathuria, Executive Chairman of AIRO. 'Our recent award as a mandated participant of the $5.7 billion Combat Air Force/Commercial Air Service (CAF CAS II) IDIQ contract underscores that trust and reinforces our commitment to delivering innovative, mission-ready solutions. With more than 60 ongoing armed conflicts worldwide, we remain focused on preparing our forces for the evolving challenges of asymmetrical battlefronts, tactics, and locations.' Building on last year's momentum, AIRO entered 2025 with sustained and growing support, conducting extensive Close Air Support (CAS) and Intelligence, Surveillance and Reconnaissance (ISR) missions as part of both routine training and a major Air National Guard exercise. AIRO continues to expand its Training segment to support military readiness through advanced airborne platforms, operational excellence and deep subject matter expertise. Furthermore, AIRO has also recently launched additional training missions under new contracts with the U.S. Department of Defense, reinforcing its critical role in enhancing operational readiness and inter-service coordination, including its new contract marking 10 years of continuous support to NSW. In total, AIRO has secured more than $30 million in contract awards in direct support of NSW, delivering critical capabilities such as ISR aircraft, Full Motion Video (FMV) broadcast, live and simulated munitions, CAS and Call for Fire training, and dynamic unmanned ground target vehicles for live-fire exercises to enhance the realism and effectiveness of military training. AIRO's expertise also extends to allied partners. Most recently, the team prepared for an international exercise requiring the provision of Remotely Controlled Vehicles (RCVs) to serve as moving ground-based targets. These vehicles will be engaged with inert munitions to support target acquisition and engagement training. The customer is expected to lease over 50 targets and utilize up to eight of AIRO's elite RCV Control Teams to support the exercise, further demonstrating our global reach and commitment to advanced, realistic training solutions. 'We are proud to continue delivering high-caliber training support to our military partners,' said Joe Burns, CEO of AIRO Group. 'Our expert aircrews and specialized aircraft, under our notable brand 'Coastal Defense' remain at the forefront of CAS and ISR operations, ensuring our warfighters receive the most realistic and effective training available. AIRO's training operations underscore our broader commitment to supporting tier-one operators behind the scenes and ahead of the fight.' About AIRO AIRO (Nasdaq: AIRO) is a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. AIRO is organized into four operating segments, each of which represents a critical growth vector in the aerospace and defense market: Drones, Avionics, Training, and Electric Air Mobility. Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements. You can identify forward-looking statements because they contain words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' 'seeks,' 'intends,' 'plans,' 'estimates,' or 'anticipates,' or similar expressions which concern our strategy, plans, projections or intentions. These forward-looking statements may be included throughout this press release, and include, but are not limited to, statements relating to AIRO's operational landscapes, demand for AIRO's systems, operations undertaken in relation to the IDIQ contract, and the expected value of its IDIQ contract. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. AIRO's expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this release. AIRO undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Yahoo
12-06-2025
- Business
- Yahoo
Voyager Onboards With U.S. GSA Government-wide OASIS+ Contract
The IDIQ positions businesses to develop innovative solutions for all federal agencies DENVER, May 28, 2025--(BUSINESS WIRE)--Voyager Technologies, Inc. (Voyager), a global leader in defense technology and space solutions, is on contract for Research & Development (R&D) services under the U.S. General Services Administration's (GSA) One Acquisition for Integrated Services Plus (OASIS+) Indefinite Delivery Indefinite Quantity (IDIQ) contract vehicle. "The contract opens the door for all federal agencies to tap into Voyager's mission-critical solutions," said Marshall Smith, president, Space Solutions, Voyager. "This includes space infrastructure, autonomous systems, aerospace engineering, materials science, secure communications and next-generation defense technologies." Under the R&D domain, Voyager may provide technology and services in nanotechnology and biotechnology; physical engineering and life sciences; aircraft, aircraft engine and engine parts; and guided missiles and space vehicles, their propulsion units and propulsion parts. "This IDIQ positions the government to move fast given the advancing threats our nation faces," said Matt Magaña, president, Defense & National Security, Voyager. "Now the government can take advantage of already developed components and parts for propulsion and weapon systems as well as satellites." OASIS+ is a flexible, government-wide contract vehicle designed by GSA to simplify how federal agencies acquire complex non-IT service requirements such as research & development, engineering, logistics and consulting. As an IDIQ, OASIS+ allows federal buyers to issue task orders tailored to their unique program needs with confidence in the quality and capability of awarded vendors. About Voyager Technologies: Voyager is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. By tackling complex challenges, Voyager aims to unlock new frontiers for human progress, fortify national security and protect critical assets from ground to space. For more information visit: Cautionary Statement Concerning Forward-Looking Statements This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Technologies, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons that actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. View source version on Contacts Media Contact: Nickell Communications for Voyager: voyager@
Yahoo
06-06-2025
- Business
- Yahoo
May in Review: 12 Top Technology Press Releases
A roundup of the most newsworthy tech announcements from PR Newswire, including national security and nuclear projects, XREAL's new see-through optical device and PepsiCo's digital transformation plans. NEW YORK, June 6, 2025 /PRNewswire/ -- With thousands of press releases published each month, it can be difficult to keep up with everything on PR Newswire. To help tech journalists and consumers stay on top of the month's most popular releases and newsworthy trends, here's a recap of some of the past month's most read- and engaged-with stories. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. Elementl Power and Google Sign Strategic Agreement to Develop Locations for Advanced Nuclear Projects"Innovative partnerships like this are necessary to mobilize the capital required to build new nuclear projects, which are critical to deliver safe, affordable and clean baseload power and help companies advance their long-term net zero goals," said Elementl Power Chairman and Chief Executive Officer Chris Colbert. IgniteTech Acquires Khoros to Transform Customer Connections in the AI Answer Engine EraIgniteTech intends to incorporate its established artificial intelligence technology into the Khoros platform. This calculated action comes as exposure and engagement for businesses without AI-enhanced capabilities might plummet by as much as 40%. Bain & Company forms global partnership with Palantir to deliver high impact, end-to-end AI transformations for clients The partnership pairs Palantir's state-of-the-art AI Operating Systems with Bain's deep industry expertise across sectors and its extensive capabilities in strategic business transformation, enabling clients to adopt this technology more quickly. York Space Systems Selected by U.S. Space Force to Deliver Small Satellites for a Range of National Security Missions York was selected for the $237 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract to procure small satellites supporting national security missions. The contract award is designed to enable faster and more flexible acquisition of spacecraft, integration, and launch support. Fortune Reveals the 2025 100 Most Powerful Women in Business List"This definitive ranking of the women at the top of the global business world…tells us both who wields power today and who is poised to climb even higher tomorrow," writes Emma Hinchliffe, Fortune senior writer, author of Most Powerful Women Daily newsletter, and editor of the 100 Most Powerful Women in Business list of 2025. Fannie Mae Launches AI Fraud Detection Technology Partnership with Palantir The new partnership will expand Fannie Mae's fraud detection capabilities with leading AI-enabled financial crimes data science and investigations technology. This foundation will power Fannie Mae's Crime Detection Unit, a new platform that the company believes will help detect and prevent mortgage fraud with speed and precision never before seen in the U.S. housing market. Pudgy Penguins Further Expands into Blockchain Gaming with Launch of Pengu Clash on TONPudgy Penguins, one of the most successful NFT brands of all-time, today announced the launch of Pengu Clash, a new blockchain-based game debuting on the TON blockchain. The fast-paced multiplayer skill game offers fans a new way to interact with the Pudgy Penguins IP—now reaching more than 1 billion users on Telegram. PepsiCo and AWS Collaborate to Accelerate Digital Transformation By leveraging AWS's infrastructure and services, PepsiCo is driving faster AI innovation, transforming its supply chain and go-to-market strategies, and creating deeper, more personalized experiences with consumers. XREAL Unveils 'Project Aura' at Google I/O -- An Optical See-Through XR Device for Android XR A lightweight and tethered, cinematic, and Gemini AI-powered device, Project Aura brings a large field-of-view experience to the Android XR family — setting a new standard for immersive, wearable computing. PhaseV Lands $50M Series A to Supercharge AI for Clinical Development, Backed by Top VCs and Trusted by Leading Pharma Clients The funding will allow PhaseV to grow its vertical AI platform to provide holistic solutions for clinical development. It follows the rapid market adoption of PhaseV's AI/ML-based platform by over 30 global pharma companies for clinical development. Palantir and Divergent Form Partnership to Revolutionize On-Demand Advanced Manufacturing With access to the Divergent Adaptive Production System (DAPS™) within Palantir's software, customers will be able to rapidly identify emerging supply chain vulnerabilities and then directly address them through on-demand manufacturing of critical parts by Divergent. Chainlink, Kinexys by J.P. Morgan, and Ondo Finance Team Up to Bring Bank Payment Rails to Tokenized Asset Markets The transaction highlights a scalable solution for Kinexys Digital Payments settlement rails to support the growing Real-World Asset market across public blockchains. For more news like this, check out all of the latest technology-related releases from PR Newswire. Trending Topics Among the technology news that was distributed in May, the PR Newswire team was able spot several larger stories that highlight the trends shaping the industry. Intersolar Europe 2025: Intersolar, held May 7-9 in Munich, Germany, served as a pivotal platform for showcasing advancements in solar energy, energy storage and smart grid technologies. The event featured numerous companies unveiling innovative solutions aimed at driving the global energy of the key presenters included Shanghai Electric, which presented a comprehensive suite of new energy solutions across photovoltaics, hydrogen and energy storage. Sungrow was also in attendance and introduced a complete portfolio for solar, storage and EV charging products, covering both 1-phase and 3-phase scenarios. It also unveiled its new commercial and industrial (C&I) energy storage solutions, showcasing their flexibility and performance. See more news from Intersolar, which underscored the accelerating pace of clean energy innovation. Automate 2025: From May 12-15 in Detroit, Michigan, Automate showcased the latest advancements in robotics, AI and industrial automation. The exhibition featured over 800 exhibitors and attracted more than 40,000 attendees. It also generated quite a few newsworthy press releases. Vention displayed its AI-powered bin-picking robot. Schneider Electric unveiled innovations focused on advancing American manufacturing, including its new industrial copilot. Techman Robot showcased a next-gen lineup of AI-powered collaborative robots (cobots) designed for safer and smarter human-machine collaboration in manufacturing environments. And Epson Robots introduced SafeSense™ Technology, which enables safe human-robot interaction. Together, these exhibitors along with others highlighted the growing convergence of AI, robotics, and automation software – redefining the standards for intelligent industry solutions. Coming Up: In June, the team will continue to watch all the big tech headlines. Of course, we expect to see new AI integrations across industries. And big events like InfoComm and Cisco Live are already generating press releases and we'll be keeping tabs on the trends. Do you have a technology press release to distribute in June? Sign up with PR Newswire to share your story with the audiences who matter most. Helping Journalists Stay Up to Date on Industry News These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists. Once they're signed up, reporters, bloggers, and freelancers have access to the following free features: Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more. Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story. Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles. Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more. About PR Newswire PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world. For questions, contact the team at View original content to download multimedia: SOURCE PR Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-05-2025
- Business
- Business Wire
Voyager Onboards With U.S. GSA Government-wide OASIS+ Contract
DENVER--(BUSINESS WIRE)--Voyager Technologies, Inc. (Voyager), a global leader in defense technology and space solutions, is on contract for Research & Development (R&D) services under the U.S. General Services Administration's (GSA) One Acquisition for Integrated Services Plus (OASIS+) Indefinite Delivery Indefinite Quantity (IDIQ) contract vehicle. 'The contract opens the door for all federal agencies to tap into Voyager's mission-critical solutions,' said Marshall Smith, president, Space Solutions, Voyager. 'This includes space infrastructure, autonomous systems, aerospace engineering, materials science, secure communications and next-generation defense technologies.' Under the R&D domain, Voyager may provide technology and services in nanotechnology and biotechnology; physical engineering and life sciences; aircraft, aircraft engine and engine parts; and guided missiles and space vehicles, their propulsion units and propulsion parts. 'This IDIQ positions the government to move fast given the advancing threats our nation faces,' said Matt Magaña, president, Defense & National Security, Voyager. 'Now the government can take advantage of already developed components and parts for propulsion and weapon systems as well as satellites.' OASIS+ is a flexible, government-wide contract vehicle designed by GSA to simplify how federal agencies acquire complex non-IT service requirements such as research & development, engineering, logistics and consulting. As an IDIQ, OASIS+ allows federal buyers to issue task orders tailored to their unique program needs with confidence in the quality and capability of awarded vendors. About Voyager Technologies: Voyager is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. By tackling complex challenges, Voyager aims to unlock new frontiers for human progress, fortify national security and protect critical assets from ground to space. For more information visit: Cautionary Statement Concerning Forward-Looking Statements This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Technologies, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons that actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
