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Today's News

FleetWatch Systems Partners With LifeSaver to Launch Its Newest Fleet Safety Program to Target Distracted Driving

FleetWatch Systems and LifeSavertoday announced a new initiative to combat distracted driving among commercial drivers who, with disproportionately long hours on the road and high mileages, are at particular risk of involvement in serious accidents. 2017 saw a significant 7.2 percent increase in U.S. traffic accidents, bringing the number of resulting deaths to more than 35,000. National Highway Traffic Safety Administration experts estimate that one in 10 traffic fatalities are caused by distracted driving. FleetWatch Systems and LifeSaver, leaders in fleet road safety, are tackling the issue of distracted driving head-on with the launch of Cell Restrict, which allows fleet managers to monitor cell phone use and ensure that their companies' driving safety policies are being properly followed.

"Making or receiving cell phone calls can take any driver's attention off the road with sometimes tragic results," said FleetWatch principal Darryl Tolentino. "No less than 38 percent of calls made to our 1-800 HowsMyDriving.com call center are reporting commercial drivers who are distracted by their phones, so we know this is a real problem."

Building on LifeSaver's proven success in changing driver behavior, Cell Restrict extends LifeSaver's distracted driving solution to FleetWatch's extensive customer base, ensuring a significant positive impact on overall road safety.

Tolentino continued, "Last year's terrifying collision statistics serve as an overdue wake-up call and our corporate and fleet customers have been desperately looking for enhanced safety measures. Cell Restrict now offers them an efficient yet cost-effective means of monitoring their drivers' safety and cutting the risk of distracted driving accidents."

LifeSaver co-founder Ted Chen also expects to see positive results from Cell Restrict's launch. "Given FleetWatch's leadership in fleet safety and risk management for almost 30 years, our partnership provides a great opportunity to solve the distracted driving problem for a significant number of commercial drivers throughout North America."

More information about Cell Restrict is available at www.cellrestrict.com or 1-800-515-9902.

About FleetWatch Systems

Creator of the original and industry-leading 1-800 How's My Driving program, FleetWatch Systems offers a comprehensive portfolio of fleet safety risk management programs which are used by thousands of companies in both the United States and Canada to improve driver behavior, reduce risk and mitigate vicarious liability exposure. FleetWatch Systems is a privately held corporation based in Vancouver, British Columbia, and New York. For more information, visit http://www.cellrestrict.com.

About LifeSaver

LifeSaver is the top-rated mobile app solution for distracted driving, combined with B2B subscription services for enterprise reporting. We provide fleet operators and auto insurers with the tools they need to reduce collisions caused by cell phone-related distracted driving, an epidemic responsible for more than 25 percent of U.S. auto collisions and annual insurance claims in excess of $30 billion. LifeSaver's patented solution has been validated by over 20 million miles of driving. Most importantly, the LifeSaver platform is changing the culture of distracted driving. LifeSaver is privately held and based in the San Francisco Bay Area. For more information, visit http://www.lifesaver-app.com/fleet.

Elbit Systems Awarded $65 Million Contract to Supply Comprehensive SAR Solution to an Asian-Pacific Country

Elbit Systems announced today that it was awarded a $65 million contract by an Asian-Pacific country to provide a comprehensive Search and Rescue (SAR) solution. The project will be performed over a three-year period.

Under the contract, and as part of Elbit Systems' comprehensive airborne radio communication solutions portfolio, the Company will install Airborne Locator Systems (ALS) and Emergency Locator Transmitters (ELTs) onboard various mission aircraft and rotorcraft platforms in use by the customer's Air Force, Army and Navy, and will also supply thousands of Personal Survival Radio (PSR) systems.

Yehuda (Udi) Vered, General Manager of Elbit Systems Land and C4I, said: "We are pleased with this contract award to supply a comprehensive SAR solution, attesting to the maturity of our systems and to our market leadership. Based on our vast portfolio of Radio and Communication solutions, already operational with dozens of armed forces worldwide, we are able to provide a technological edge, and we hope that additional customers will follow in selecting our unique SAR systems as their solution of choice."

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: www.elbitsystems.com, follow us on Twitter or visit our official Youtube Channel.

This press release contains forward‑looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact.  Forward-looking statements are based on management's expectations, estimates, projections and assumptions.  Forward‑looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended.  These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.  Therefore, actual future results, performance and trends may differ materially from these forward‑looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings.  The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward‑looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies.  All other brand, product, service and process names appearing are the trademarks of their respective holders.  Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Company Contact: 
Joseph Gaspar,

Executive VP & CFO
Tel:  +972-4-8316663
[email protected]

David Vaaknin,
VP, Head of Corporate Communications
Tel:  +972-77-2946691
[email protected] 
Elbit Systems Ltd.

IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: +1-646-201-9246 
[email protected]

SOURCE Elbit Systems

Related Links

http://www.elbitsystems.com

S&T Analytics Helping to Secure U.S. Skies

Extended stretches of U.S. land borders invite illegal entry on the ground, and our coastlines are often used for unauthorized seaborne entry. New, creative attempts at illegal activity in these domains are a daily occurrence. Aerial threats pose a different challenge as they have no natural barriers restricting them — land or coastal. Airborne illegal entry issues call for expert input from a broad range of public, private, and interagency partners.

Commercialization of drone technology, or unmanned aerial systems (UAS), for all the beneficial opportunities it provides, also enables a new medium for criminal activity and other homeland security threats. The protection of U.S. skies will demand more than ever an effective air surveillance sensor network. Optimizing this begins with an accurate assessment of current air surveillance capabilities and how they operate together. To do this, the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) is creating standards for air surveillance, known as DHS (Interim) Strategic Air Surveillance Requirements (I)SASR.

DHS, the Federal Aviation Administration (FAA), the Department of Defense (DOD), and the National Oceanic and Atmospheric Administration (NOAA) are currently working together to ensure future U.S. air surveillance capabilities meet our nation’s security and aviation safety needs. S&T supports this interagency initiative by assessing the degree to which both current and future proposed radar solutions can meet the country’s needs.

S&T applies modeling and simulation expertise to simulate air traffic and assesses how well current U.S. air surveillance capabilities meet the detection standards established by the DHS (I) SASR.

“S&T’s analysis will provide CBP Air and Marine Operations a detailed understanding of where the DHS (Interim) Strategic Air Surveillance Requirements are being met and where there are gaps in required coverage,” said the Arch Turner, an Operations Analysis Chief at S&T.

Today, more than 300 radars around the country attempt to detect and determine the geographic location of all non-commercial aircraft, from tiny drones to larger manned aircraft such as private and business aircraft and gyrocopters. Among these radars are tethered aerostats, balloon-like systems which enable elevation of radars to heights of 10,000 feet or more. Termed Tethered Aerostat Radar Systems (TARS), they are placed primarily along the U.S. southwest border to provide much needed, and otherwise unavailable, ability to detect and track aircraft flying at very low altitudes.

Using the Extended Air Defense Simulation (EADSIM) modeling and simulation software, analysts can simulate every radar currently supporting CBP AMO’s critically important air surveillance efforts and assess their ability to detect incoming aircraft. S&T analysts can even use EADSIM to watch in real-time as the simulated radars detect suspicious aircraft targets. EADSIM then provides analytic data, which includes geographic location of detection as a function of a target’s altitude and radar cross section, which measures how large a given aircraft appears to radars.

Analysts have relied on EADSIM to model aircraft, sensors and missiles for more than three decades. The model has been used to shape and understand the effectiveness of aircraft and ballistic missile defense systems. The commercialization of drones means U.S. air surveillance sensors are likely to encounter a higher volume of very small and difficult to detect air traffic in the future. This will require both more radars and more sensitive radars. This is where S&T’s partnership with the interagency, DHS operating components and industry can play a vital role in public safety by helping to ensure the U.S. can effectively maintain situational awareness of all aircraft within its national airspace.

The current interagency effort to modernize the U.S. air surveillance network is motivated in part by government plans to auction to the commercial sector L-band (1-2 GHz) radio-frequency spectrum used by many existing U.S. radars. This means these radars must be taken out of service to avoid interference. Once candidates for replacing this lost surveillance capability are examined and confirmed by CBP AMO, S&T HSARPA and S&T through simulation and analysis, the government will select the best alternative and work with industry to develop and deploy it to ensure the best achievable surveillance of U.S. airspace.

“S&T’s work is exactly the type of detailed analysis that is necessary for the Department to mature in its decision-making,” said Drew Kuepper, Deputy Assistant Secretary for Policy (Unity of Effort Integration).

In performing its analytical work, the S&T team collaborates closely with CBP radar technical experts to coordinate and review their findings. This helps ensure a common and more thorough understanding of current air surveillance capabilities and shortfalls, how requirements can be most cost-effectively achieved, and helps pave the way for interagency discussion of joint requirements for future aircraft surveillance.

Frequent collaboration between S&T and CBP AMO allows them to be optimistic about the future of the project. S&T has received very positive feedback on this work from its customers, some of whom expressed their surprise that modeling, simulation and analysis capability of this kind is available in DHS.

Securing U.S. airspace requires continuous cooperation among DHS and its operating components, interagency partners and private industry. Cooperation among these partners will help ensure the best solutions and ideas are brought forth to maximize the security of the homeland.

DHS Statement on President Trump Visit to Border Wall Prototypes

WASHINGTON – Secretary of Homeland Security Kirstjen M. Nielsen, Acting Chief of the Border Patrol Carla Provost, and Deputy Director of Immigration and Customs Enforcement Tom Homan released the following statements after President Donald J. Trump received an operational briefing at the border wall prototypes in San Diego, California:

“The border wall is only one of the tools we need to secure the border – the wall system also involves mission-ready agents, patrol roads, sensor technology, and support resources,” said Secretary Kirstjen M. Nielsen. “But importantly it also includes the ability to promptly remove illegal aliens, terrorists and criminals, closing often exploited loopholes in our immigration system. After speaking with our frontline operators at the border today, their message underscores the urgency for Congress to take action and find legislative solutions to secure our border and make America safe. I want to thank President Trump for his steadfast support for the men and women of DHS and what they need to execute their mission.”

“At CBP, we are committed to keeping America safe by securing our borders, and that includes enhancing our border wall system,” said Acting Chief of the Border Patrol, Carla Provost. “In our experience, walls work. With the right combination of a wall, technology, infrastructure and agents, we have been successful in denying and impeding illegal border crossers. Unfortunately, infrastructure alone will not deter migrants from taking a dangerous path towards illegally entering our country. Current loopholes in our immigration laws pertaining to family units and unaccompanied minors have created a path to entering America illegally. Without legislative changes to these loopholes, we will continue to see a rush to the border by young migrants, and adults with children. The dangerous journey to attempt to enter our country illegally is no place for children and without closing these loopholes, more and more people will be put in harm’s way.”

“ICE has made significant progress in enforcing immigration law and removing criminal aliens and public safety threats from local communities,” said Deputy Director of Immigration and Customs Enforcement Tom Homan. “That includes increasing arrests by 43 percent, increasing interior removals by 30 percent, and achieving the highest number of MS-13 arrests by the agency since 2008. However, until Congress addresses the underlying causes of illegal immigration, we can’t reach a lasting solution to this problem. We need to address misguided policies and loopholes that serve as pull factors for illegal aliens, we need to stop dangerous sanctuary city policies, and we need a border wall, without which ICE’s work only grows in difficulty and danger.”

# # #

KBR Awarded Combat Water Supply System Contract for UK Ministry of Defence

HOUSTON, March 14, 2018 -- KBR, Inc. (NYSE: KBR) announced today it has been awarded a contract by the UK's Ministry of Defence (MOD) for the design, manufacture, supply and storage of a Combat Water Supply System (CWSS) plus reimbursable Maintenance, Repairs, and Operations (MRO) services.

Under the terms of the contract, KBR will bring in to service a water purification, storage and distribution system, designed to deliver potable and palatable water to deployed UK forces.  Once operational, KBR will provide fully integrated Contractor Logistics Support (CLS) through to 2025 with responsibility for the design, manufacture, testing and supply of each of the variants of the CWSS. 

"I am delighted we are working with KBR to deliver this critical capability to our land forces," said Major General Colin McClean, Director Land Equipment for Defence Equipment and Support, the UK MOD's procurement organization. "The Combat Water Supply System will ensure the availability of high quality water wherever we are in the world, drastically reducing our reliance on bottled water; saving money and lessening the environmental impact."

The objective of the CWSS program is to deliver an end-to-end solution spanning the provision of water from its source to the point of use.  Specifically, CWSS will be required to purify water from various sources, test and assure water quality, store, distribute and issue water to doctrinally mandated volumes.  During the contractor logistics support phase, KBR will be responsible for the maintenance of the CWSS capability to agreed Readiness and Availability levels. 

The award strengthens KBR's position as a key supplier to the UK MOD for critical capabilities, both in the UK and on deployed operations and comes following a number of other awards supporting the MOD on overseas deployments.

"We are extremely proud of our long standing record in delivering operational support to the UK MOD," said Jay Ibrahim, KBR President, EMEA. "This award is a reflection of the confidence that the MOD places in us to deliver critical operational infrastructure and is testament to the collaborative relationship that has been built over many years of working side by side with the UK's Armed Forces."

The contract value for this project is $42 million and was booked into the backlog of unfilled orders for KBR's Government Services Business Segment in Q4 of 2017.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs over approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
  • Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

SOURCE KBR, Inc.

Related Links

http://www.kbr.com

Successful First Flight for GlobalEye

LINKÖPING, Sweden, March 14, 2018 -- GlobalEye took off on its maiden flight at 12.52 local time on 14 March 2018, from Saab's airfield in Linköping, Sweden. The aircraft, a modified Bombardier Global 6000 jet platform, undertook a 1 hour 46 minutes test flight collecting extensive flight-test data using the on-board instrumentation suite. This data is then used to verify the aircraft performance and associated modelling. The first flight was preceded by a series of ground trials including high and low speed taxiing tests.

The first flight is the second major milestone for the GlobalEye programme within a very short space of time. Yet again we have demonstrated that we are delivering on our commitments and that we are on track with our production of the world's most advanced swing-role surveillance system," said Anders Carp, Senior Vice President and head of Saab's business area Surveillance.

"Today's flight went as planned, with the performance level matching our high expectations. The aircraft's smooth handling was just as predicted and a real pleasure for me to fly," said Magnus Fredriksson, Saab Experimental Test Pilot.

The maiden flight took place three weeks after Saab revealed the GlobalEye aircraft to the media for the first time on 23 February 2018. GlobalEye combines air, maritime and ground surveillance in one swing-role solution. GlobalEye carries a full suite of sophisticated sensors including the powerful new extended range radar (Erieye ER), integrated with the ultra-long range Global 6000 aircraft, known for its versatility and smooth flight characteristics.

The GlobalEye launch customer is the United Arab Emirates Armed Forces, where it is known as the Swing Role Surveillance System (SRSS). The initial order was placed in November 2015. GlobalEye brings extended detection range, endurance and the ability to perform multiple roles, including tasks such as search and rescue, border surveillance and military operations.

Bombardier and Global 6000 are trademarks of Bombardier Inc. or its subsidiaries.

Download images and film from the GlobalEye Media Kit: https://saabgroup.com/globaleye

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018

[email protected]

www.saabgroup.com 

President Donald J. Trump is Taking Immediate Actions to Secure Our Schools

President Donald J. Trump is making sure our schools are safe and secure, just like our airports, stadiums, and government buildings.

  • President Trump’s Administration will assist States to train specially qualified school personnel on a voluntary basis.
    • • Department of Justice (DOJ) assistance programs will be leveraged to enable schools to partner with State and local law enforcement to provide firearms training for school personnel.
    • • The Administration will support the transition of military veterans and retired law enforcement into new careers in education.
  • • The Administration will encourage States’ Attorneys General to audit school district compliance with State emergency preparedness activities.
  • • Federal agencies, including the Department of Homeland Security, will partner with States and localities to support a public awareness campaign modeled on “See Something, Say Something” to encourage awareness and reporting of suspicious activity.

STRENGTHENING BACKGROUND CHECKS AND PREVENTION: President Trump supports legislation and reforms to strengthen background checks and law enforcement operations.

  • • President Trump’s Administration is calling on every State to adopt Extreme Risk Protection Orders (ERPOs).
    • • The President is directing the Department of Justice to provide technical assistance to States, at their request, on establishing and implementing ERPOs.
    • • ERPOs allow law enforcement, with approval from a court, to remove firearms from individuals who are a demonstrated threat to themselves or others and temporarily to prevent individuals from purchasing new firearms.
    • • ERPOs should be carefully tailored to ensure the due process rights of law-abiding citizens are protected.
  • • President Trump supports improving the National Instant Criminal Background Check System (NICS). The President supports the legislative framework introduced by Senators Cornyn and Murphy that will help improve the accuracy and effectiveness of NICS.
    • • The Cornyn-Murphy bill will hold Federal agencies more accountable for reporting information to NICS and will incentivize States to improve their reporting to the system.
  • • The President supports the framework of the STOP School Violence Act, which provides for State-based grants to implement evidence-based violence prevention programs.
    • • Grants will provide States with funds for training, technology, and technical assistance to help schools identify and prevent violent acts.
  • • The Administration requests that Congress provide funding in 2018 to jump start implementation of this evidence-based program in middle and high schools nationwide.
  • • The President’s Administration will audit and make accountability improvements to the Federal Bureau of Investigation’s (FBI) tip line, and will promote its use.
  • • DOJ will provide emergency and crisis training for local law enforcement.

MENTAL HEALTH REFORM: President Trump is proposing an expansion and reform of mental health programs, including those that help identify and treat individuals who may be a threat to themselves or others.

  • • The President is proposing increased integration of mental health, primary care, and family services, as well as support for programs that utilize court-ordered treatment.
  • • The President is calling for a review of the Family Educational Rights and Privacy Act (FERPA), the Health Insurance Portability and Accountability Act (HIPAA), and other statutory and regulatory privacy protections.
    • • Reviews will determine if any changes or clarifications are needed to improve coordination between mental health and other healthcare professionals, school officials, and law enforcement personnel.

INVESTIGATION: In addition to these immediate actions, President Trump is establishing a Federal Commission on School Safety chaired by Secretary Betsy DeVos and will recommend policy and funding proposals for school violence prevention. 

  • President Trump’s Administration will establish a Federal commission, chaired by Secretary DeVos, to address school safety and the culture of violence.
  • While the Administration is taking immediate action on school safety, the Federal commission will develop a process to evaluate and make recommendations on school safety.
  • The commission will study and make recommendations on the following areas of focus:
    • • Age restrictions for certain firearm purchases.
    • • Existing entertainment rating systems and youth consumption of violent entertainment.
    • • Strategies to advance the science and practice of character development in youth and a culture of connectedness.
    • • Effects of press coverage of mass shootings.
    • • Repeal of the Obama Administration’s “Rethink School Discipline” policies.
    • • Best practices for school buildings and campus security from Federal Government components, including the Department of State’s Bureau of Diplomatic Security, and also from other State, local, and private sector sources.
    • • A plan for integration and coordination of Federal resources focused on prevention and mitigation of active shooter incidents at schools.
    • • Opportunities to improve access to mental health treatment, including through efforts that raise awareness about mental illness and the effectiveness of treatment, reduce barriers to the recruitment of mental health professionals, and provide training related to violence prevention.
    • • Best practices for school-based threat assessment and violence prevention strategies.
    • • The effectiveness and appropriateness of psychotropic medication for treatment of troubled youth.
    • • Ensuring that findings are sufficiently supported by existing and additional Federal, State, and local funding sources.

ViaSat-2 Satellite Communications Services Available for Military Applications

WASHINGTON, March 12, 2018 -- Viasat Inc. (Nasdaq: VSAT), a global communications company, today announced the availability of ViaSat-2 satellite communications (SATCOM) service for government, defense and military applications. The service leverages the world's most advanced communications satellite, ViaSat-2, along with innovations in ground networking technologies, that will deliver significant performance advantages over any other commercial or U.S. Department of Defense (DoD) SATCOM system.

In early March 2018, Viasat conducted a ViaSat-2 SATCOM system demonstration—attended by representatives from the U.S. armed forces—and showed a number of cloud-based government applications. The speeds on the ViaSat-2 satellite system demonstrated the industry's fastest broadband connections, exceeding 100 Mbps during the demonstration day.

The ViaSat-2 SATCOM system has the ability to:

  • Transmit bandwidth-intensive, media-rich cloud applications: Fast data rates and more satellite capacity will enable 4K and HD video streaming to thousands of electronic devices simultaneously for greater operational capabilities at the tactical edge.
  • Conduct more simultaneous operations: Abundant capacity will enable warfighters to capture and send Intelligence, Surveillance, and Reconnaissance (ISR) sensor data; transmit live two-way video conferencing and Voice over Internet Protocol (VoIP) calls; as well as conduct Command and Control (C2) and Situational Awareness (SA) communications as prioritized traffic to many more platforms in a region.
  • Continue operating through an electromagnetic, terrestrial or cyber-attack: Resiliency is provided through the ViaSat-2 system's exceptional anti-interferer performance, Viasat's unique Satellite Access Node (SAN) gateway diversity, seamless satellite switching and assured pattern re-routing to operate through gateway failures, and through Viasat's Active Cyber Defense, which automatically detects, mitigates and attributes Distributed Denial-of-Service (DDoS)  attacks  against the network's infrastructure. The resilient nature of the Viasat network will enable mission-critical communication packets to be protected and distributed safely, even in highly contested combat environments.
  • Provide assured communications: Viasat's Best Available Network concept provides a global, redundant system for military to access Viasat's global Ku-band networks, its more advanced Ka-band networks, as well as the Wideband Global SATCOM (WGS) system. The Best Available Network allows terminals to roam across multiple networks to maximize resilience and collaboration for ground fixed, transportable, mobile, maritime and airborne platforms.

"We are proudly demonstrating emerging U.S. government concept of operations requiring bandwidth-intensive, cloud-connected military applications with our latest high-throughput commercial satellite, ViaSat-2," said Ken Peterman, president, Government Systems, Viasat. "The innovations in the new ViaSat-2 satellite and network show that we can dramatically improve operational capabilities for military missions. This satcom system is the first in our series of ultra-high-capacity global satellite networks, which will enable superior reach, readiness, and resiliency for global military forces."

The ViaSat-2 satellite system validates the performance advantages and capabilities of Viasat's commercial satcom system today with a glimpse into the Company's ViaSat-3 satcom system capabilities. Viasat's satcom network delivers more bandwidth and better resilience, redundancy and active cyber protection required to maximize operational performance in the contested environments military operations face during combat.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: FacebookInstagramLinkedInTwitter or YouTube.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to ViaSat-2 and ViaSat-3 satellites, including speed, capacity, reach, resiliency, redundancy and future capabilities. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: the ability to realize the anticipated benefits of the ViaSat-2 and ViaSat-3 satellite platforms; unexpected expenses or delays related to the satellite systems; the ability to successfully implement Viasat's business plan for broadband satellite services on Viasat's anticipated timeline or at all, including with respect to the ViaSat-2 and ViaSat-3 satellite platforms; and risks associated with the construction, launch and operation of ViaSat-3 and Viasat's other satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; reduced demand for products as a result of continued constraints on capital spending by customers; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply products; Viasat's level of indebtedness and ability to comply with applicable debt covenants; and other factors as may be detailed from time to time in Viasat's public announcements and SEC filings. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

Copyright © 2018 Viasat, Inc. All rights reserved. Viasat is a registered trademark of Viasat, Inc. The Viasat logo is a trademark of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

 

SOURCE Viasat, Inc.

Related Links

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Behavioral Biometrics Leader BioCatch Closes $30M New Investment

NEW YORK and TEL AVIV, Israel, March 12, 2018 -- BioCatch, a global leader in behavioral biometrics, announced today that it has closed a $30 million financing round, cementing its growth plan and vision to redefine digital identity and enable renewed trust in online interactions. The round was led by Maverick Ventures, with additional participation from American Express Ventures, NexStar Partners, Kreos Capital, CreditEase, OurCrowd, JANVEST Capitaland other existing investors. With identity fraud and cybercrime continuing to grow rapidly, it is clear that the concept of digital identity is broken. Behavioral biometrics, which BioCatch helped to pioneer, holds the promise to upend the cybersecurity paradigm and provide identity assurance throughout the connected economy.

"BioCatch helps to answer the question, 'who are you' in an online world where fraudsters operate with the legitimate credentials of others, making it very hard to distinguish them from authorized users," said Howard Edelstein, BioCatch Chief Executive Officer. "We take pride in the track record we have amassed and the role that we play as an integral part of our clients' identity strategy. This strategy cuts across the digital ecosystem, from stopping fraud in real-time to preventing fake accounts from being opened in the first place, all while enabling a seamless user experience."

"As the company pursues its growth trajectory, we are pleased to welcome our new investors into the fold. This latest investment round is a testament to the commitment and the capacity that we have to change the way identity is managed online.  Relationships with companies like Experian, LexisNexis Risk Solutions, Samsung SDS and others demonstrate how BioCatch is contributing to digital transformation, and this round of funding will enable us to take our efforts to a whole new level," Edelstein added.    

"BioCatch's robust behavioral analytics platform is helping companies identify and stop fraudulent activity without sacrificing the user experience for legitimate customers," said Harshul Sanghi, Managing Partner of Amex Ventures, the strategic investment group within American Express. "The demand for organizations to strike that balance will only increase as digital engagement with their customers grows, and cyber threats become more sophisticated. We're excited to support BioCatch as it works to expand its capabilities and help organizations, including American Express, address this critical need."

Founded by experts in big data, machine learning and artificial intelligence, BioCatch set out to address the next generation of cyber threats by focusing on the behavior of the fraudster as opposed to adding new endpoint security layers. BioCatch proactively collects and analyzes more than 2,000 parameters to generate user profiles and model different types of genuine and malicious behavior. BioCatch's platform can address a wide range of threats at login and beyond by identifying malware, robotic activity, social engineering (phishing, etc.) and other cyber threats, which is a differentiator from traditional fraud approaches and other behavioral biometrics providers.  The company monitors more than 5 billion transactions per month and generates real-time alerts when behavioral anomalies are detected, stopping fraud at the source and reducing the significant operational costs associated with managing the fraud. BioCatch also has a robust IP portfolio, with more than 56 patents that are either granted or pending. BioCatch has earned recognition for its innovative approach from many prestigious organizations, including Frost & Sullivan, Singapore FinTech Festival, Red Herring and others.

"BioCatch has made its mark as behavioral biometrics emerges as a key component in driving authentication and fraud strategies today. Their technology helps minimize friction for the end user, working passively in the background, eliminating the trade-off that has been made to date between security and the user experience," said Julie Conroy, Research Director of Aite Group's Retail Banking & Payments Practice. "Practitioners are being hit from multiple directions – ever changing cyber threats, new regulations and open banking requirements, global trends towards real-time and faster payments, and customer demands for more functionality in the digital channel. Whether in banking, insurance, cryptocurrency, P2P payments, healthcare, government or otherwise, enterprises large and small are all facing the same identity challenges. BioCatch has shown that behavioral biometrics can help change the paradigm," she added.

"Identity is becoming a central component that drives all things digital, which makes the BioCatch story  extremely compelling on multiple levels," said Matthew Kinsella, Managing Director of Maverick Ventures. "The company has demonstrated impressive traction and its clients are enthusiastic on the many ways that the technology can be used. We are delighted to be part of the next chapter as the company leads the way in redefining how identity is defined and managed."

About BioCatch
BioCatch is a cybersecurity company that delivers behavioral biometrics analyzing human-device interactions to protect users and data. Banks and other enterprises use BioCatch to significantly reduce online fraud and protect against a variety of cyber threats, without compromising the user experience. With an unparalleled patent portfolio and deployments at major banks around the world that cover tens of millions of users to date, BioCatch has established itself as the industry leader. For more information, please visit www.biocatch.com.

 

SOURCE BioCatch

Related Links

https://www.biocatch.com

New Joint Venture Announced to Deliver Germany's Next Generation Ground Based Air Defense System "TLVS"

SCHROBENHAUSEN, Germany and DALLAS, MBDA Deutschland and Lockheed Martin (NYSE: LMT) announced a new joint venture to pursue the next generation Integrated Air and Missile Defense System, "TLVS," for the German Bundeswehr. The joint venture is expected to become the prime contractor for the new system, which is currently being negotiated with Germany's procurement office for the Bundeswehr, BAAINBw.

Gregory Kee of Lockheed Martin and Dietmar Thelen, representing MBDA, will lead the company from the MBDA Deutschland office in Schrobenhausen, Germany. The company will also have operations in Dallas, Texas; Huntsville, Alabama; and Syracuse, New York; as well as locations in Ulm and Koblenz, Germany. Kee and Thelen both have extensive backgrounds with the armed forces, the North Atlantic Treaty Organization (NATO), and defense procurement organizations and have a strong experience in military, industrial and international affairs.

TLVS will leverage the development results and experiences from the $4 billion investment of the trilateral MEADS program (U.S., Germany and Italy) and deepen the U.S. – European partnership through a continued, shared commitment to local industry, safety and security.

"With this joint venture, we will have the agility and ability to successfully make timely decisions in an integrated fashion. We will also have direct access to the most advanced test and simulation facilities and the pooled expertise and resources of MBDA and Lockheed Martin. That's how we'll bring this important defense program to fruition for Germanyand NATO," said Thomas Gottschild, managing director of MBDA Germany. "We feel responsible and committed to support the German Armed Forces, namely the German Air Force, in establishing its next generation Integrated Air and Missile Defense System."

TLVS is a modern system that will transform Germany's defense capabilities and enable this key NATO framework nation to set an important precedent in how neighboring nations address current and evolving threats for decades to come.

"We have partnered with MBDA Germany to bring air and missile defense solutions to life for more than 15 years. This joint venture takes our partnership to the next level, and we are excited about the possibility of delivering modern missile defense technology that will help Germany defeat current and future threats," said Frank St. John, executive vice president of Lockheed Martin Missiles and Fire Control. "We support Germany's role as the lead framework nation for air and missile defense for NATO and believe the MEADS-based TLVS system is the next-generation solution that will provide the long overdue 360-degree, mobile air and missile defense coverage they need to accurately identify and defeat threats."

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

About MBDA
With a significant presence in five European countries and within the USA, in 2016 MBDA achieved a turnover of 3.0 billion euros with an order book of 15.9 billion euros. With more than 90 armed forces customers in the world, MBDA is a world leader in missiles and missile systems.

MBDA is the only European group capable of designing and producing missiles and missile systems that correspond to the full range of current and future operational needs of the three armed forces (land, sea and air).

In total, the group offers a range of 45 missile systems and countermeasures products already in operational service and more than 15 others currently in development. MBDA is jointly owned by Airbus (37.5%), BAE Systems (37.5%), and Leonardo (25%).

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

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