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Business Wire
12 hours ago
- 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:
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Business Standard
3 days ago
- Business
- Business Standard
Titagarh Rail Systems shares rose 3% on bagging ₹430-crore order
Titagarh Rail Systems shares advanced 2.7 per cent in trade on Monday, logging an intraday high at ₹961.8 per share on BSE. At 11:02 AM, Titagarh Rail share price was trading 1.05 per cent higher at ₹945.85 per share on the BSE. In comparison, the BSE Sensex was down 0.34 per cent at 83,776.17. Its 52-week high was at ₹1,880.2 per share and 52-week low was at ₹655.3 per share. In one year, Titagarh Rail shares have lost 49 per cent as compared to Sensex's rise of 6 per cent. Why are Titagarh shares in demand? The buying interest on the counter came after a consortium of Titagarh Rail Systems and Titagarh Firema S.p.A, associate company, won an order worth ₹430.53 crore from Maharashtra Metro Rail Corporation. Under the contract, both companies will jointly supply 12 additional trainsets. The consortium will be responsible to design, manufacture, supply, test, and commission the passenger Rolling Stock (Electrical Multiple Units) and Training of Personnel for Pune Metro Rail Project. The execution is scheduled to be completed within 30 months "We wish to inform you that the Consortium of Titagarh Rail System Limited and Titagarh Firema S.p.A, associate company, has received Letter of Approval for 'Supply of 12 additional trainsets as quantity variation under clause A.6 of Contract No: P1/RS-01/2018: Design, Manufacture, Supply, Testing, and Commissioning of passenger Rolling Stock (Electrical Multiple Units) and Training of Personnel for Pune Metro Rail Project' from Maharashtra Metro Rail Corporation Limited. The order value is about ₹430.53 crore," the filing read. Titagarh Rail Systems Q4 results The company's profit dropped year-on-year (Y-o-Y) to ₹64.45 crore in Q4FY25, from ₹78.95 crore in Q4FY24. Titagarh Rail's revenue also fell 5.5 per cent Y-o-Y to ₹1,005.57 crore, from ₹1,052.41 crore in the same quarter last year. In its Q4 review, Antique Broking had said that Titagarh Rail Systems delivered sub-par performance reporting 5 per cent/ 10 per cent/ 6 per cent Y-o-Y decline in revenue/ Ebitda/ PAT respectively. Ebitda refers to Earnings before interest, tax, depreciation and amortisation and PAT refers to profit after tax. It added:The subdued execution was on account of weaker than estimated execution in the FRS segment, which was primarily impacted by inadequate supply of wheel sets from the rail wheel factory, delaying delivery schedule. The brokerage retained 'Buy' rating on the stock with a revised target of ₹1,095 per share from ₹1,217. Post Q4 results, Nuvama Institutional Equities also maintained a 'Buy' rating with a revised target of ₹1,292 per share from ₹1,197.
Time of India
4 days ago
- Health
- Time of India
This common UAE summer effect could be worsening your health; doctors explain
As summer temperatures soar across the UAE, doctors are warning that extreme heat can trigger underlying health conditions and worsen symptoms in vulnerable individuals, particularly those with chronic neurological and cardiovascular diseases. While most people associate high temperatures with heat stroke and dehydration, medical experts say the impact goes deeper, often unmasking or aggravating dormant conditions. Among the most affected are patients with Multiple Sclerosis (MS), a neurological disorder that impacts the central nervous system. What is Multiple Sclerosis? Multiple sclerosis (MS) is a chronic autoimmune disease that affects the central nervous system (brain, spinal cord, and optic nerves) by damaging the protective myelin sheath surrounding nerve fibers. This damage disrupts nerve signal transmission, leading to symptoms such as muscle weakness, numbness, vision problems, difficulty walking, coordination issues, fatigue, and cognitive impairments. Live Events 'Between 60 and 80 percent of people with MS report a worsening of symptoms such as fatigue, mobility issues, and visual disturbances during hot weather,' said Professor Anu Jacob, Director of Multiple Sclerosis and Autoimmune Neurology at Cleveland Clinic Abu Dhabi, as told to Khaleej Times. This temporary flare-up, known as Uhthoff's phenomenon, occurs when a rise in body temperature affects damaged nerves. Symptoms generally subside with rest and cooling. Jacob said hydration, cooling vests, and avoiding peak outdoor hours are key to symptom management. He also noted the UAE's efforts in building accessible, shaded, and air-conditioned public spaces, which are crucial for people with chronic conditions. According to a report by Khaleej Times, to move toward accessibility, the National MS Society has introduced the Universal Design for Inclusion Programme, partnering with six UAE universities to foster student-led innovations in inclusive infrastructure. Warning signs of severe heat-related illness include confusion, fainting, rapid heart rate, and cessation of sweating, which may require medical attention. Doctors stress that early intervention and preventive care are essential for at-risk groups. Economic Times WhatsApp channel )
South Wales Argus
04-06-2025
- Business
- South Wales Argus
Pontypool property for auction with £80,000 guide price
The property, which also includes a usable loft space, is listed with Sage & Co Auctions for a guide price of £80,000. Planning permission has already been granted for the conversion of the building into two two-bedroom apartments on the first floor, and a studio apartment on the ground floor. The agent says the prospect of this development opportunity might appeal to investors and developers. (Image: Sage and Co via Rightmove) The property could also appeal to those considering a conversion into a House of Multiple Occupancy (HMO), subject to obtaining the necessary planning consents. The agent has outlined that drawings for this potential conversion into an HMO are available. They highlighted the property's advantageous location in the heart of Pontypool town centre, with excellent access to local amenities, shops, schools, and transport links. The estate agent added that various car parks nearby offer convenient parking solutions for both residents and visitors. The building offers vacant possession and is advised to be Freehold. (Image: Sage and Co via Rightmove) It is an investment opportunity with potential for a range of uses, from developing modern apartments to establishing a business hub, or exploring other possibilities. A buyer's premium will be applicable to all lots sold at auction, charged at 0.01 per cent including VAT of the final sale price (subject to a minimum of £995 including VAT). The auction is to be held online, unconditionally, on July 2 at 6.05pm. (Image: Sage and Co via Rightmove) Pontypool, the location of the property, offers a blend of urban conveniences and countryside charm. The town is home to Pontypool Park, with walking trails, a peaceful lake, and gardens. Transport links offer comfortable commuting to major urban centres like Newport and Cardiff. From high street shops to the historic Pontypool Indoor Market, shopping lovers are well-catered for. The town also boasts the Blaenavon World Heritage Site in its vicinity. Pontypool's fame extends to its rugby heritage, with the 'Pontypool front row' being prominent Welsh rugby stars of the 1970s. It also has a rich industrial heritage, with iron forging history dating back to the Tudor times. This is symbolised by the 'Pontypool Japan-ware', a lacquered and decorated ironware. The town offers much to do, from exploring the natural and artificial beauty of Pontypool Park, visiting the dry ski slope and Shell Grotto, to ending the day at Folly Tower with a scenic view of Monmouthshire. For those interested in local history, Pontypool Museum provides a deep dive into the town's industrial past. Being on the edge of South Wales coalfields, Pontypool offers a range of outdoor activities from hiking, strolls, pottering around in the market, to soaking up culture and history.
Wales Online
08-05-2025
- Business
- Wales Online
Open the front door and you'll find a historic sweet shop still with its old weighing scales within
A former shop in west Wales that is going to auction with an eye-catching guide price, could turn out to be a lucrative investment as a spacious residential property and potentially a place to call work as well as home. The characterful property is like stepping into a bygone era with its vintage shop fittings and an old cash register, preserved from the time it last served a customer many years ago. Features such as period weighing scales, pine cladding, and the shop's robust counter and display cabinet remain untouched since the day it closed. Where once sweet jars were displayed, now old Penguin paperbacks and other hardback books line the pine shelves against the high walls. For more property stories sent to your inbox twice a week sign up to the property newsletter here READ MORE: You can buy half an entire Welsh hamlet and it's the most gorgeous thing you've ever seen Sean Roper, from Paul Fosh Auctions, believes the property's future lies in residential use, given its days as a shop are long past. While the former shop needs modernisation and improvement, Sean suggests it could yield a handsome return post-renovation and upgrading. He says: "This gem of a property offers excellent potential as a large family dwelling or has the potential to be split into flats or HMO (House of Multiple Occupation), subject to planning. The historic building was previously a shop with living accommodation which once traded as a sweetshop from forty years to sixty years ago. Since then, it has solely been used as a residence. "There are a number of wonderful original features retained in the property such as doors, flooring and vintage fireplaces. The staircase is also a standout feature which would complement any future improvements. Externally the three-bedroom house has a spacious rear garden. "On the ground floor are three reception rooms, a bathroom and lean to and the former shop space, the three bedrooms are on the first floor with bathroom and access to roof space. Outside is the garden with an outbuilding and a side entrance to the property." Outside, the detached house can also boast a substantial rear garden that could easily accommodate a large extension or even facilitate the creation of a building plot at the end, both suggestions of course are subject to achieving planning permission. The house that's bursting with potential and comes with oodles of period charm waiting to be restored is listed with a guide price of just £45,000-plus and is located in the village of Llandybie which boasts a variety of local amenities and shops set amidst scenic countryside, and it's only a short seven-minute drive from the lively town of Ammanford. The former shop will be featured in the upcoming Paul Fosh Auctions online event, which kicks off at 12 noon on Tuesday, May 20, and concludes from 5pm on Thursday, May 22, call 01633 254044 to find out more. For more property stories join our Amazing Welsh Homes Facebook group here.
