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Today's News

ICF Advances Groundbreaking Airport Redevelopment Deal

ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced today that it helped Ferrovial Airports close on the $1.8 billion financing phase of a major terminal redevelopment project at Denver International Airport (DIA). Once built, the "Great Hall Project" will house one of the largest dedicated commercial and retail spaces in a U.S. airport.

For over two years, ICF has served as technical advisor to Ferrovial in its bid to expand, redesign and redevelop DIA's Jeppeson Terminal. The project involves rebuilding the entire terminal, relocating the security screening area to improve passenger flow and creating an expansive hall that houses retail locations.

"The Great Hall Project has been highly complex from the bidding phase through financial close," said Ismael Ordonez, project director for Ferrovial Airports. "Throughout the 2 ½ year journey, ICF has supported us with expert technical advice in the preparation of the key elements of the business plan and has contributed to the success of the project each step along the way."

ICF has supported Ferrovial in each phase of the proposed deal. This includes developing the commercial inputs used to develop Ferrovial's winning bid, creating the business plan used to negotiate the commercial agreement with the airport, and providing a technical report used to obtain financing.

"The Ferrovial deal is a first-of-its-kind transaction at a U.S. airport," said Eliot Lees, vice president for ICF. "One of the world-leading consultants in airport privatization, we are proud that we were able to bring ICF's extensive global experience in airport transaction advisory to support our client's bid and financial positioning. We congratulate Ferrovial for being one of the first to complete such a groundbreaking deal in a U.S. airport."

In addition to the redesign, Ferrovial will serve as the commercial operator for the upgraded terminal upon its completion. ICF projects that this airside shopping mall, remote from the concourses, will have revenue performance unlike any other airport in the U.S.

For over 30 years, ICF has provided transaction advisory services to the majority of the world's largest airport privatization deals. With unmatched insight into carriers' business strategies, ICF is the go-to firm for helping airport executives strategically envision the future, optimize business opportunities and realize value. Read more about ICF's aviation consulting and airport advisory services. 

About ICF
ICF is a global consulting services company with over 5,000 specialized experts, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

Contact: Lauren Dyke, [email protected], +1.571.373.5577

SOURCE ICF

Related Links

https://www.icf.com

Cellebrite Delivers Major Enhancements to Analytics Product Family to Make Digital Evidence More Actionable for Investigators and Prosecutors

PETAH TIKVA, Israel, March 7, 2018 -- Cellebrite, the leading provider of digital intelligence solutions, today announced key usability enhancements designed to help investigators and prosecutors solve crimes faster. With key interface upgrades, investigative teams can capture, organize and produce case reports in an easily understandable format that can be shared with peers or effectively presented in court. An advanced catalog of data and powerful analytics capabilities help investigative teams of all sizes rapidly discover digital evidence in cases.

Cellebrite Analytics allows investigators and prosecutors with all levels of technical skill to quickly surface more insights from text and media artifacts via:

  • Image Similarity: innovative machine learning algorithms automatically detect and pinpoint images that contain similar items such as faces, objects, symbols and themes. By simply uploading or selecting an image, the system immediately identifies only the relevant media items saving precious investigative cycles.
  • Expanded language search capabilities including enhanced Arabic OCR and key-word search capabilities that immediately identify any text and image artifacts that contain Arabic textual elements.

Investigators can now develop profiles, and examine suspects and victims in a thorough, streamlined approach by leveraging new capabilities such as:

  • Device Owner Color Indication: improve the visual understanding of all digital evidence and quickly differentiate between device owners by assigning a unique color identifier to each owner. This simple yet powerful capability is extremely useful when viewing data in any of the contextual views (List, Graph, Map) from multiple owners in one single view.
  • Enhanced Person View: identify people faster and generate a comprehensive digital profile by automatically unifying all digital identifiers (i.e., phone numbers, email addresses, aliases and user accounts) into one contact card. Agents can quickly sort, filter and visualize information on people of interest from one or multiple cases.

"The latest advancements to Cellebrite Analytics open up powerful technology in more accessible ways, so that investigative team members of all levels can tackle and leverage mass amounts of digital evidence," said Ron Serber, Global Co-CEO, Cellebrite. "With a more intuitive interface, this update brings more power to prosecutors who will be able to leverage this evidence earlier on in the investigative process and efficiently tackle growing threats of crime types like homicide, terrorism, gangs and child exploitation."

Cellebrite: Digital Intelligence for a Safer World

Digital data plays an increasingly important role in investigations and operations of all kinds. Making data accessible, collaborative and actionable is what Cellebrite does best. As the global leader in digital intelligence with more than 60,000 licenses deployed in 150 countries, we provide law enforcement, military, intelligence, and enterprise customers with the most complete, industry-proven range of solutions for digital forensics, triage and analytics.

By enabling access, sharing and analysis of digital data from mobile devices, social media, cloud, computer, cellular operators and other sources, Cellebrite products, solutions, services and training help customers build the strongest cases quickly, even in the most complex situations. As a result, Cellebrite is the preferred one-stop shop for digital intelligence solutions that make a safer world more possible every day.

Contact: Kelly Miller, 202-465-8744, [email protected]

 

SOURCE Cellebrite

Related Links

http://www.cellebrite.com

Sikorsky CH-53K Completes Critical Flight Envelope Expansion with 36,000-pound External Lift

WEST PALM BEACH, Fla., March 7, 2018 -- The Sikorsky CH-53K King Stallion completed an external lift of a 36,000-pound payload at the Sikorsky Development Flight Center, achieving a maximum weight on the single center point cargo hook. This milestone marks completion of critical flight envelope expansion activities for the CH-53K as Sikorsky, a Lockheed Martin company (NYSE: LMT) prepares to deliver the first aircraft to the U.S. Marine Corps this year.he CH-53K lifted the external load of 36,000 lbs. into a hover followed by flight demonstrating satisfactory handling qualities and structural margins.  The gross weight of the aircraft topped out at just over 91,000 lbs., making this the heaviest helicopter ever flown by Sikorsky. View the video.

"The successful completion of these last critical envelope expansion tests further demonstrates the maturity of the CH-53K aircraft," said Dr. Michael Torok, Sikorsky Vice President, Marine Corps Systems. "We look forward to bringing this unique and exceptional heavy lift capability to the United States Marine Corps and our international customers."

 

The Sikorsky CH-53K helicopter achieves a 36,000-pound lift for the first time at Sikorsky Development Flight Center in West Palm Beach, Florida, on Feb. 10, 2018. Image courtesy Sikorsky, a Lockheed Martin Company.

 

Prior to the 36,000-lb. lift, the CH-53K lifted various external payloads up to 27,000 lbs. including a Joint Light Tacticle Vehicle (JLTV). The CH-53K can carry a 27,000 lb. external load over 110 nautical miles in high/hot conditions, which is more than triple the external load carrying capacity of the legacy CH-53E aircraft.  Other flight envelope accomplishments include tethered hover demonstrating flight speeds to 200 knots, angle of bank to 60 degrees, takeoffs and landings from sloped surfaces up to 12 degrees, external load auto-jettison, and gunfire testing.

"The payload capability of this helicopter is unmatched, triple that of its predecessor and better than any other heavy lift helicopter in production," said Col. Hank Vanderborght, U.S. Marine Corps Program Manager for the Naval Air Systems Command's Heavy Lift Helicopters Program. "The CH-53K program continues on pace to deploy this incredible heavy lift capability to our warfighters."

The CH-53K is also garnering international interest. Rheinmetall and Sikorsky recently signed a strategic teaming agreement to offer the CH-53K for Germany's new heavy lift helicopter competition. Additional teammates will be announced in the coming weeks leading up to the aircraft's debut at the ILA Berlin Air Show in April.   

For additional information, visit our webpage: https://lockheedmartin.com/us/products/ch-53k-helicopter.html.  

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.

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

Netwrix Survey: Tech and IT Companies Are the Driving Force of Cloud Security Investments

IRVINE, Calif., March 6, 2018 -- Netwrix Corporation, provider of a visibility platform for user behavior analysis and risk mitigation in hybrid environments, today released the 2018 Netwrix Cloud Security: In-Depth Report.

The report supplements the 2018 Netwrix Cloud Security Report, unveiling survey findings specific to various industries and regions. Overall, 853 organizations shared their feedback for the survey, conducted in November 2017. All organizations are public or hybrid cloud users.

 

The key findings include:

  • 80% of technology & IT organizations get support from top management for cloud security initiatives — more than any other industry surveyed.
  • Malware is most feared by health care organizations (61%) and government entities (60%), though it is the number two concern for all industries surveyed.
  • 62% of educational institutions perceive their own employees to be the biggest threat to cloud security, the largest share among the industries surveyed. This result is explained by the education sector also having the lowest visibility into user activity in the cloud: Only 18% of the institutions are completely aware of their IT staff activity and just 7% have complete understanding of business user activity.
  • Financial organizations outdo other industries when it comes to visibility into IT staff activity: 47% of them claim to have complete visibility. They are also the most active cloud users; 96% of financial organizations already store sensitive data there.
  • The retail & wholesale sector sees the biggest threat as hackers (48%), rather than employees (27%). This also is the only industry that cited denial-of-service attacks as one of their major concerns.
  • Organizations from JAPAC are more enthusiastic about broader cloud adoption (54%) and adopting a cloud-first approach (44%) than companies in other regions.
  • To strengthen IT security, the majority of North-American (57%) and European (57%) organizations are planning to improve employee training, while the most popular measure planned by Asian companies is the purchase of vendor security solutions (49%).

"Regardless of how long organizations have used the cloud, how much sensitive data they entrust to cloud providers and how regulated their industries are, they share the same cloud security concerns. Most of these concerns are directly attributed to human factors and stem from insufficient awareness about activity in the cloud environment. The majority of organizations across all the industries and regions surveyed believe in the power of staff training and security policy enforcement as two top measures to improve cloud security. However, these measures will work only if you have complete visibility into user activity in the cloud," said Michael Fimin, CEO and co-founder of Netwrix.

To download the report, please visit: www.netwrix.com/go/2018cloudsecurityindepth

About Netwrix Corporation

Netwrix Corporation was the first vendor to introduce a visibility and governance platform for hybrid cloud security. More than 160,000 IT departments worldwide rely on Netwrix to detect insider threats on premises and in the cloud, pass compliance audits with less effort and expense, and increase productivity of IT security and operations teams. Founded in 2006, Netwrix has earned more than 100 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S. For more information, visit www.netwrix.com

CONTACT: 
Erin Jones  
Avista PR for Netwrix 
P: 704.664.2170  
E: [email protected]

SOURCE Netwrix Corporation

Related Links

http://www.netwrix.com

CNC Technologies Deploys Custom Airborne Mission Suite for Ontario Police Department

 

LOS ANGELES -- CNC Technologies, an aviation technology and wireless communications company serving the law enforcement, military and government markets, announced today its selection by the Ontario Police Department to deploy an airborne mission suite for the Department's Air Support Unit.  Custom developed to support the Ontario PD's multi-faceted mission profile, the new solution enables real time transmission of HD video and data to fixed and mobile receive sites across the Southern California region.

CNC is leading all aspects of the project, which includes design, integration, officer training and ongoing 24/7 service and support.  The new system incorporates state of the art image capture, transmission and receive technologies while also providing full interoperability with existing infrastructure and with the technology assets of regional partners.  Additional functionality comes via an augmented reality-equipped moving map system, which enables air crews to overlay critical information such as street names and addresses on top of live video feeds.

"CNC Technologies brings unparalleled expertise developing and supporting robust airborne law enforcement and counterterrorism solutions for major metropolitan operators," said Sergeant Steve Valvo at the Ontario PD.  "We are pleased to partner with them on this new solution, which brings additional performance and capability to our airborne law enforcement and public safety efforts.  CNC's always-on support structure will also help ensure we're operating the system at maximum efficiency."  

"The Ontario Police Department is crucial to the Southern California law enforcement community and we are honored to assist them in their public safety mission," said Ron Magocsi, managing partner at CNC.  "The new mission suite's flexible configuration is designed to provide best-in-class-functionality and user experience along with the ability to easily upgrade the system when new technologies become available."

CNC Technologies can deploy any level of solution from implementing a real-time microwave downlink capability to building out a nationwide counterterrorism network encompassing aircraft, ground-based receive sites, imaging platforms and encrypted communications systems for sovereign state clients.  The CNC Technologies team also has extensive experience supporting Urban Area Security Initiative (UASI) projects funded by the U.S. Department of Homeland Security.

About CNC Technologies

CNC Technologies is an aviation technology and wireless communications company serving the law enforcement, government and military markets. Providing custom aerial surveillance, data transmission and counterterrorism solutions, the CNC team brings decades of experience deploying local, national and global communications networks for the world's most demanding operators. CNC works with clients around the globe, delivering customized mission suite solutions tailored to match each organization's specific mission requirements and backed by unparalleled 24/7 service and support.  The company is online at www.cnctechnologies.com.

Babette Schrank
CNC Technologies
[email protected]
530-559-4919

 

SOURCE CNC Technologies

Ballistic Armored Protection Backpacks for Students, Travelers, and First Responders

SANTA ANA, Calif., March 2, 2018 -- MERET now offers an innovative product line of M4L Ballistic Armor Protection Backpacks for commuters, students, and first responders.  These products arrive after a number of recent active shooter and terrorist attacks across the globe have heightened the need for greater personal safety for students, travelers, , and first responders arriving to aid the injured.

"The world has changed.  So we've updated our backpacks to provide armored ballistic protection that could save your life if you encounter one of these situations," said Scott Decker, President of MERET.  "It sounds extreme but this is the new reality if you're going to travel, commute, or even study.  Why wouldn't you want the added protection if you're already carrying a backpack?"

MERET recently collaborated with Angel Amor, a leader in ballistic armor technology, to develop a consumer daypack and reengineer their first responder bags to include lightweight armored ballistic protection.  Weighing no more than a typical daypack, their new DEFENDER PRO Commuter Backpack can withstand multiple rounds including a 44 MAG projectile, defending the vital chest area and potentially saving your life, all while carrying your laptop and personal items.

In 2016 there were 385 mass shootings in which 4 or more were injured or killed in the US according to Gun Violence Archive as of Feb 14, 2017. And according to the FBI's study of active shooter incidents between 2000 - 2013, there has been a dramatic rise in active shooter events from 7 in 2000 to over 200 in 2012.  Aside from public fear of these events, the data supports an increased likelihood that more and more people will encounter these scenarios, and the need for added personal safety could be on the rise.
"There are not many ballistic solutions for the average citizen.  The DEFENDER PRO offers a lightweight mobile and portable option for the consumer.  In today's world, threats can occur anywhere," said Officer Brian Brown, Loveland Police Department, Loveland CO.

MERET's OMNI Pro first responder bags also have similar armored protection to allow first responders to advance quicker onto an unsecure shooter scene in order to quickly aid and evacuate the injured.  "Our products have always been used to save lives, now we're hoping to save the lives of first responders  as well, " said Decker.
"Knowing the EMS personnel have ballistic protection allows the entire team to move faster and more secure in an environment that might not be clear of the threat," said Brown.

MERET, an acronym for Medical Emergency Response Equipment and Technology, produces professional response bags and equipment for emergency markets, fire, police, and the military, and is a trusted supplier to the US Government.  To learn more visit http://meretusa.com/product.php?product_id=872 or contact Doug Merker, VP of Sales at 877.222.0200 or email at [email protected]

©2018 MERET USA, All rights reserved.  The MERET name and trademarks are the property of Cramer Decker Industries.  All other trademarks are the property of their respective owners.
SOURCE MERET Products

Lockheed Martin CEO: Building Bridges to a Brighter Future

Good morning, and welcome to “Lockheed Martin Media Day.”

We’re pleased to host you here at our Global Vision Center.

At Lockheed Martin, as you know, we put tremendous focus on listening to our customers and understanding the challenges they face.

The journalists in this room are part of this effort, as you tell the stories of our customers and their challenges.

Every morning, I start my day reading your work.

So, I want to begin with my personal thanks to you for your efforts to research, report, and think deeply on such important topics.

One of the reasons we hold Media Day is to give you an opportunity to hear how we are responding to the needs of our customers, and to invite you to interact with leaders and innovators from our company who are shaping some of the most exciting frontiers of human endeavor.

To help kick off Media Day, over the next 30 minutes, I’ll briefly highlight our business performance, and I’ll give you a quick overview of the global challenges our customers face.

Then, I’ll discuss the many ways that Lockheed Martin is acting as a bridge to the future,  providing new and visionary technologies, developing critical security solutions, building stronger alliances, and serving as a catalyst for economic growth.

Performance

I want to begin with performance, because nothing is more important to our customers.

Across our business, we can point to strong and consistent performance over the past year, and we’re off to a strong start in 2018.

No program demonstrates our performance better than our largest program, the F-35, the most advanced fighter jet in the world.

We continue to progress toward full-rate production, having met our commitment to deliver 66 aircraft in 2017. And we’re on track to deliver more than 90 jets this year.

In fact, to-date, we’ve delivered more than 280 aircraft to our U.S. and allied customers.

F-35 aircraft have now accrued more than 120,000 flight hours, and operate today from 15 bases, both domestically and internationally.

Most recently, and in support of Japan’s Air Self Defense Force, the first F-35 aircraft for Japan arrived at the Misawa Air Base on January 25th.  

With the program’s expansion here at home and around the world, the game-changing nature of the aircraft is becoming more apparent.

Customers across the globe are recognizing the tremendous capability it brings to their forces.

For example, the Norwegian Minister of Defense said at the arrival ceremony of the F-35 in Norway in November: “With its highly advanced sensors, high speed, low radar visibility, long-range precision weapons, and superior survivability, the F-35 combat aircraft will be crucial to the combat strength of the Armed Forces for the next 40 years.”

As we provide this revolutionary aircraft to our customers, we are also working to make the F-35 more affordable.

We continue to collaborate with our industry partners and to advance toward our goal to reduce the price of an F-35A to $80 million dollars per aircraft by 2020.

Another area of strong performance is integrated air and missile defense.

At Lockheed Martin, we are deeply proud to be the only company in the world that provides multi-layered air and missile defense.

We continue to extend this global leadership, with advances in our PAC-3 Missile Segment Enhancement – or “MSE” interceptor. Our PAC-3 MSE offers greater range and mobility to counter advanced threats.

Another Lockheed Martin missile defense technology that embodies our comprehensive capabilities is the Terminal High Altitude Area Defense system, known as “THAAD.”

In January, our customers at the Missile Defense Agency renewed their commitment to this critical program by awarding us a contract modification for production and delivery of more THAAD interceptors.

THAAD is interoperable with PAC-3 and Aegis, making it an important addition to integrated air and missile defense architectures for the U.S. and allies.

Lockheed Martin’s strong performance for our customers in the current environment also includes command and control systems. These technologies are key to strengthening alliances and preserving peace.

For instance, our Aegis Combat System is now deployed on more than 125 U.S. Navy and allied ships – including multiple destroyers operated by the Japan Maritime Self-Defense Force.

The Japanese government recently announced that it will expand these command and control capabilities by purchasing two Aegis Ashore land-based systems.

This move will improve their layered missile defense capability, and enable coverage over a wider range, with the ability to address a greater number of threats in the region.

Another key driver of our performance is our ongoing expansion of international sales.

Five years ago, international sales accounted for 17 percent of Lockheed Martin’s annual sales.

Last year, that number was 30 percent, and we see strong demand and growing opportunities to expand sales in nearly every region where we operate.

One of the most important examples of this potential is our central role in the security cooperation agreements signed between the United States and the Kingdom of Saudi Arabia last May.

The historic agreements opened up the potential for the sale of $28 billion of Lockheed Martin technologies over the next decade. Saudi Arabia has expressed its intent to procure integrated air and missile defense systems, combat ships, helicopters, surveillance systems, and tactical aircraft in the coming years.

And as we look to the future of our largest program, nearly half of new F-35 orders over the next five years will come from countries other than the United States.

Our strong performance is also reflected in Lockheed Martin’s outstanding financial results in 2017.

Our sales grew eight percent year-over-year, surpassing $51 billion and setting a new record for our corporation.

We also set new records with $54.2 billion in orders, and $6.5 billion in cash generated from operations.

We now have a robust backlog of approximately $100 billion, positioning our corporation for further growth in the long term.

And our shareholders saw a total return of 32 percent in 2017 – contributing to a 307 percent total return over the past five years.

These outstanding results would not have been possible without the strong performance of our world-class workforce.

Our 100,000 employees are focused on our customers’ needs and performing with excellence.

We seek to listen and understand the challenges our customers face, and we believe this is the key differentiator for us in the aerospace and defense sector.

Our Customers’ Global Challenges

With that in mind, I’d like to take a few minutes to talk about the needs we are hearing from our customers in the United States and around the world.

From a national security and global stability perspective, there’s no doubt that the threats faced by our customers are numerous and far-reaching.

Today’s rapidly evolving threats can come from any domain – land, sea, air, space, and cyber.

They range from rogue states pursuing nuclear weapons to territorial expansionism – from lone-wolf terrorism to well-orchestrated cyberattacks.

And, increasingly, our customers see the development of what Secretary of Defense James Mattis has called a “great power competition.” They face challenges from near-peer nations and regional powers which will demand what he defines as a “more lethal, resilient, and rapidly innovating” military.

At Lockheed Martin, we recognize that every nation and region where we do business has its own unique needs and challenges.

However, no matter where we go in the world, the overarching message we are hearing from our customers is the same: They need trusted industry partners who can help them counter the threats they face today, while also helping them stay ahead of the threats they will face tomorrow.

They need us to be a bridge to new and decisive technologies to address the evolving threats and protect their citizens.

A second consistent message we are hearing from our customers is the need for affordability.

Economic and political factors have created significant budgetary pressures around the world.

Our largest customer, the United States Department of Defense, has endured years of budgetary uncertainty, sequestration, and cuts. These fiscal realities have significantly hampered the ability to plan, invest, train, and modernize for the future.

With the recent release of the “National Security Strategy,” the president underscored the need for consistent investments across our nation’s military and industrial base.

And policymakers are seeing the need for more than just strong investment in innovation. There’s also a need for a culture shift that places a premium on acting with speed and agility.

Since his confirmation hearing more than a year ago, Secretary Mattis has consistently spoken of how the acquisition system and culture must adapt, so hardware and software systems can be rapidly integrated and upgraded to meet warfighter needs.

We have heard his message loud and clear that we must all operate at “the speed of relevance.”

Another area of global challenge and national response is in space.

Space is rapidly becoming a strongly contested environment. According to the investment firm Morgan Stanley, global governments are projected to double their space budgets over the next two decades.

Last June, the administration announced the re-launch of the National Space Council, sending a strong signal that it is committed to advancing and renewing American leadership in space.

We’ve been proud to work with Vice President Mike Pence, who is serving as the Council’s chairman, to communicate the importance of space to our national security, our economic growth, and to human progress.

As the industry leader, we will continue to be a key player in shaping the future of the final frontier.

Last week, I attended the launch of the GOES-S weather satellite. Our first GOES satellite, GOES-16, is already delivering forecasting data with revolutionary speed and precision. Among its capabilities, its specialized instruments will enable the government to track lightning and precisely predict severe weather, so we can better protect lives and communities.

The influence of domestic politics and budgetary pressures is shaping the global defense environment in another way.

In nation after nation, elected leaders and policymakers are putting a premium on domestic capacity building, job creation, and economic growth.

These changing customer dynamics mean that we, at Lockheed Martin, must find ways to serve as a catalyst for economic growth and national aspirations.

Elected leaders and policy makers increasingly want us to purchase products and services from their local companies to help broaden their industrial base, build capability, and support their economy.

They are also looking to us to invest in education and training that will equip their citizens with the skills necessary to compete for high-tech jobs.

These complex factors are shaping national priorities and government decisions.

They are also guiding our corporate decisions, as we seek to maximize the value we create for our customers, and help strengthen their national security that supports their economic security and progress.

With these national dynamics and imperatives, we see opportunity.

Our corporation is uniquely positioned to help our customers build a bridge to the future – a bridge that facilitates a strong national defense, greater international cooperation between nations, and the shared development of technologies that can change the world for the better.

We have proven that it can be done.

In nations around the world, Lockheed Martin is lending its expertise and making strategic investments to help our international partners grow their technology development and manufacturing capacity.

It’s been a year since we stood up the Lockheed Martin STELaRLab in Melbourne, Australia.

STELaRLab stands for “Science Technology Engineering Leadership and Research Laboratory.”

It’s our first multi-disciplinary research and development facility outside the United States. It’s a hub for exploring technologies such as hypersonics, autonomy, and robotics with Australian customers and universities.

Last August, from our headquarters in Maryland, the Australian Ambassador to the U.S. Joe Hockey and I joined via video conference the Minister for Defence Industry, Christopher Pyne, in the STELaRLab in Melbourne, along with three other locations across Australia.

A group of Melbourne University engineering students presented the minister with their idea to use an autonomous, unmanned aerial vehicle to monitor electrical lines, even using the lines to recharge itself.

This innovation could lead to significant savings as the UAVs replace helicopters and other methods of monitoring the power lines, which currently cost Australian taxpayers about $785 million a year.

Minister Pyne recognized how innovative public-private partnerships like this are the key to building stronger ties between our nations, militarily and economically.

He said these partnerships will “…make Australia a better ally to the U.S...more able to defend our nation and its people, more capable of projecting our power in the region” and be “a regional power that is standing up for the values that our countries... believe in.”

STELaRLab is just one example of how we build bridges to the future.

In a global security environment where every domain is contested, our customers need industry partners like us who transcend technological boundaries, making it more affordable and more efficient for nations to share costs and work together.

We recognize that we play a key role in serving as a bridge for greater international cooperation, which makes defense more affordable for every ally.

As the National Defense Strategy outlines, the U.S. must partner with our allies to “act together coherently and effectively to achieve military objectives.”

We believe the ultimate example of this is the F-35.

With the most powerful integrated sensor package of any fighter aircraft in history, the information it gathers can be securely shared with commanders at sea, in the air, or on the ground, providing a comprehensive view of ongoing operations.

The F-35 is more than a 5th-generation fighter – it’s the central node of a 5th-generation fighting force, built for multi-domain, network-centric warfare.

And the F-35 will continue to grow its international footprint, with the recent approval to submit a final offer for the F-35 to Belgium in support of their fighter competition solicitation, as well as several other nations around the world evaluating the aircraft’s unmatched capabilities.

Around the globe, Lockheed Martin is providing interoperable technologies to partner nations through Foreign Military Sales.

  • Our F-16 program is poised to begin producing 16 new aircraft for the Royal Bahraini Air Force.
  • Qatar, Saudi Arabia, and Romania will upgrade their missile defenses with PAC-3 MSE interceptors.
  • Last year, we delivered six C-130J Super Hercules aircraft to India.
  • And the French Air Force will receive a total of four C-130Js through 2019.

These interoperable technologies serve as a force multiplier for allied nations, allowing them to train and fight together, which creates a strong deterrent for hostile actors.

In addition to helping promote peace between nations, international cooperation on defense and aerospace programs also serves as a foundation for economic growth at home and abroad.

Our corporation employs nearly 93,000 of our 100,000 people here in the United States.

So, when a company like ours grows, there are broad-based benefits to the American economy.

Over the past year at our Aeronautics facility in Fort Worth, Texas, we’ve hosted a series of career fairs to find candidates to fill jobs on our rapidly growing F-35 assembly line.

Last year, we provided 1,300 new jobs in Fort Worth, and plan to hire approximately 500 more people by the end of this year.

Texas is not the only place where we’re making investments and creating jobs.

Last June, we started construction on a 266,000-square-foot “Satellite Factory of the Future” at our Space campus outside Denver, Colorado.

This state-of-the-art facility, which we call the Gateway Center, will be a paperless, digitally-enabled production environment that houses reconfigurable production lines and advanced test capabilities. Employees at the Gateway Center will produce next-generation satellites for government and commercial customers.

Approximately 1,500 contractors will help build the facility, which will support our growing Colorado workforce of more than 9,000 people.

Another hub of investment and expansion is our Missiles and Fire Control facility in Orlando, Florida.

We broke ground last month on a new 255,000-square-foot research and development facility that will be used to support advanced-combat systems, and manned and unmanned systems, as well as missile and rocket programs for customers including the U.S. Department of Defense, NASA and allied nations.

To support our expansion, we also plan to hire about 1,800 people across our Missiles and Fire Control business over the next two years. Five hundred of these jobs will be based in Orlando, and the remainder will be across several other states, from California to Kentucky.

In addition to the direct investments Lockheed Martin is making in our facilities and our workforce, our programs also make a major economic impact through our vast supply chain.

Some 93 percent of our nearly 16,000 suppliers are U.S.-based. In 2017, we awarded $4.4 billion in subcontracts to small businesses. And our F-35 program alone supports more than 170,000 direct and indirect jobs in 46 states and Puerto Rico.

These examples are reminders that our industry is a driver of broad-based economic development and opportunity.

Transformative Technologies

The last element of our “bridge to the future” that I want to discuss this morning is the development of technologies that will re-define the battlespace.

Last month, I heard from a former senior official who recently left the Pentagon about the leadership challenges he faced in his position.

He said that the immediate threats and personnel issues that he faced day-to-day limited the amount of time he could spend focusing on the future needs and capabilities of the force.

He looked to his industry partners to provide thought leadership, holistic solutions, and turn-key ideas that anticipate the challenges our service members will face in the decades to come.

As we look to the challenges facing our customers, we’ve identified four promising areas for transformative innovation.

The first is hypersonics.

With hypersonic technology, an aircraft or cruise missile could fly at speeds greater than Mach 5.

This could forever change our ability to deter and respond to conflict, allowing warfighters to quickly address threats before an adversary may have time to react.

It would unlock a game-changing capability – on par with stealth technology, which changed the definition of airpower by giving the U.S. significant tactical and strategic advantages.

The second transformative technology is laser weapons.

Lasers are the best match for high-volume, low-cost threats such as drones, which are becoming increasingly prevalent on the battlefield.

Lockheed Martin has made significant progress in overcoming the challenges inherent with fielding laser weapons.

We’ve increased the power of our systems while maintaining beam quality and optimizing size and weight, as demonstrated with the world record-setting 60-kilowatt laser we delivered to the U.S. Army last year. We have also received a contract from the U.S. Navy to develop and deliver two laser weapon systems for shipboard integration by 2020. And we’re working with the Air Force Research Lab to develop a high-power fiber laser for testing on a tactical fighter jet by 2021.

A third area we are pursuing for our enterprise is artificial intelligence and machine learning. We all know we have entered an era in which data is a strategic asset.

With the rapid integration of more advanced sensors and networking capabilities, our products are able to produce and disseminate enormous amounts of data.

Artificial intelligence can help sort through this data, recognize patterns and anomalies, and provide users with actionable information about threats and options to mitigate them.

By improving human-machine collaboration, artificial intelligence can provide people with the right information to drive better decision-making, which will fundamentally change how our customers operate.

The final area of focus I’ll highlight is electronic warfare. In an age where our customers and their adversaries rely on electronic systems for situational awareness and critical communications, dominance of the electromagnetic spectrum is essential to mission success.

Technologies to counter enemies’ attempts to jam communications, as well as offensive capabilities, must be easily integrated on a variety of platforms across every domain.

And since electronic warfare threats evolve quickly, open-architecture solutions that allow for the rapid integration of new technologies will be crucial.

Lockheed Martin has taken a leadership role in these four technology areas, and many others, to build an enterprise that can successfully support our customers’ rapidly evolving technology needs well into the future.

As we look ahead, I’m confident that the future of Lockheed Martin in the 21st century is bright.

Across the business landscape, we see several reasons to be optimistic.

First, our prospects for strong core growth have improved since we gathered here a year ago.

One reason for our optimism here is the bipartisan commitment in Washington to increase investment in national security and defense.

The framework for a two-year spending plan that Congress and the administration agreed to last month gives us hope that our customers will see at least a temporary break from the cycle of continuing resolutions that has hampered their ability to plan and invest for the future.

Another positive aspect of the framework is the relief it will provide from the sequestration spending caps imposed by the Budget Control Act of 2011.

And importantly, the national security and defense strategies recently laid out by the administration clearly demonstrated a commitment to recapitalizing our military and national security.

Lockheed Martin’s portfolio is well-aligned to support our customers’ plans to invest in missile defense, nuclear, space, cyber, and intelligence capabilities. We will continue to work with our customers to provide innovative, reliable, and affordable solutions.

The second reason we’re confident about our growth prospects is that Lockheed Martin is well-positioned to compete in several key competitions that will likely be decided over the next year.

We have strong offerings for the Advanced Pilot Training, or “T-X” program, as well as the UH-1N helicopter replacement.

The third factor is the passage of the Tax Cuts and Jobs Act. This landmark legislation will have a significant positive impact on our corporation. And it will allow American companies – including many of our supply chain partners – to compete more effectively in global pursuits.

We are investing the savings generated by tax reform in ways that will drive long-term growth, improve our competitive posture, attract and retain talent, create jobs, and increase shareholder value.

As part of this effort, this year we’ll increase our investment in research and development and capital expenditures by a combined $200 million. And, we’ll be increasing our funding for the Lockheed Martin Ventures Investment Fund. In place for more than a decade, the charter of the Ventures Fund is to strategically invest in promising companies – companies that are developing disruptive, cutting-edge technologies in core businesses and new areas that are important to Lockheed Martin.

We will also be using tax savings to expand our education offerings and worker training to encourage the development of critical skills. We have already announced an expansion of our employee tuition assistance program.

And we plan to increase our corporate giving to promote education in science, technology, engineering, and math. This will help address an urgent global need and ensure the pipeline of talent exists to meet the challenges of the 21st century.

Encouraging a Future of Innovation and Growth

At Lockheed Martin, we take our position as the global industry leader seriously.  We know that we are a bridge to a brighter future. And, today, you will hear from those shaping the future of space, the future of flight, the future of information, and the future battlespace.

As we look to that future with hope and optimism, we will continue to seek ways to support policies we believe will help serve our customers, strengthen alliances, grow economies, and save taxpayers money.

In 2018, we’ve identified three policy focus areas that will have the most impact on our business and the U.S. economy.

The first is regulatory reform. As discussed last year, Lockheed Martin has had the honor of working closely with the administration to identify opportunities to sensibly streamline regulations and introduce robust cost-benefit analyses to our nation’s regulatory discussions and processes.

We believe advancing these reforms is especially important to our nation’s small- and medium-sized businesses.

More than 50 percent of Lockheed Martin suppliers are small businesses.

Onerous regulations hit them the hardest, hurting our nation’s economy, its ability to innovate, and its capacity to create jobs.

The second area where we will lend our voice and collaboration is in acquisition reform. We are encouraged by Secretary Mattis’ focus on streamlining requirements and acquisition processes as part of the three “lines of effort” he outlined for the Department of Defense last fall.

Significant opportunity remains to shorten the timeline for contract awards and open up competition, enabling all of industry to provide solutions at the “speed of relevance.”

The third issue I’ll highlight is one that is integral to the future of our corporation, and our nation’s global competitiveness. Government, industry, and civil society must continue to work together to develop a workforce that has the skills to compete in a 21st century high-tech economy.

At Lockheed Martin, our workforce has always been the ultimate driver of our leadership and success. That’s why we are investing heavily on a number of fronts to grow our pipeline of talent in the areas of science, technology, engineering, and math.

We know the importance of investing in advanced manufacturing and workforce training.

And we also know our diverse workforce has a powerful voice to encourage young people from all backgrounds to pursue careers in STEM.

In 2017, Lockheed Martin provided almost $12 million in grants to organizations that promote STEM opportunities for young people. Our employees supplemented our monetary contributions by volunteering more than 115,000 hours to participate in STEM activities.

Through these actions, we are focused on the future in the most important way: Ensuring the world has the talent in science and engineering needed to meet the challenges of the 21st century.

This commitment to opportunity and to investing in talent early is exemplified by our new Executive Vice President of Missiles and Fire Control, Frank St. John.

Frank started working for us the summer before his senior year in high school.  

He was 15 years old.

His mother would drop him off at our Orlando facility.

Frank began as an engineering intern – and 35 years later he is still with our company, now leading Missiles and Fire Control.

People like Frank are the ones who drive Lockheed Martin, who make it a special place to work, and who help our company define the future.

They are the ones who bring a special sense of mission as we serve our customers and fellow citizens.

As I wrap up my opening remarks, I want you to know I’m confident that the briefings you’ll hear today will reinforce Lockheed Martin’s sense of mission and our reasons for optimism.

I know you will see a company that is creating the technologies that will shape a brighter future.

Thank you again for attending Lockheed Martin Media Day, and for your commitment to telling the story of an industry that is vitally important to America’s highest ideals and our shared aspirations for global progress together.

I look forward to your questions.

# # #

Lockheed Martin and Remediant partner to protect sensitive information

SAN FRANCISCO, March 5, 2018 -- New regulations from the Department of Defense (DoD) regarding the management and protection of Controlled Unclassified Information (CUI) have caused a stir among defense contractor IT teams around the globe. The Defense Federal Acquisition Regulation Supplement (DFARS) clause 252.204-7012 requires that DoD contractors meet the specific security standards described in NIST Special Publication 800-171 to ensure that CUI is protected. Defense contractors undertook significant efforts to meet the December 31, 2017 deadline, only to find that the technology solutions available to meet the requirements were limited. However, a San Francisco startup has solved some of the greatest technical challenges in the new regulations in a completely unique way.

"The DFARS-7012/NIST 800-171 requirements are a challenge for many DoD contractors. Non-compliance could potentially place their existing contracts at risk and jeopardize future access to DoD opportunities. Gaining compliance with the regulations is not a one-time activity, and of the dozens of DFARS compliance assessments we've completed in the past 3 months, most companies are at 30 – 40% compliant at best," said William J. McBorrough, Co-Founder and CEO of MCGlobalTech.

When global defense contractor Lockheed Martin began to research a solution to their compliance requirements, they quickly discovered that none of the solutions available in the marketplace met their needs, while solutions potentially developed in-house were deemed too expensive. Lockheed required a highly scalable solution that addressed some of the most technically challenging elements of the new regulations: privileged access controls. Lockheed needed a solution that combined multi-factor authentication and dynamic access privileges, and needed a solution that wouldn't compromise security, nor slow down their speed of innovation.

"When seeking a PAM solution that could meet our requirements, ease of integration, reliability and scale were all critical, and we couldn't afford to compromise in any of those areas," said Mike Gordon, Deputy Chief Information Security Officer, Lockheed Martin. "We needed a solution that the information security marketplace simply didn't offer at the time."

Lockheed then found Remediant - a San Francisco-based information security startup that specializes in securing privileged access. Remediant's product is called SecureONE, and it not only met, but exceeded, Lockheed's technology requirements. SecureONE limits the amount of time an individual's login has privileged access to a target system, thus restricting access to the absolute minimum needed. Even if credentials are compromised, this technique blocks the misuse of those credentials for any kind of privileged access.

In a matter of weeks, Remediant provided a dynamic, scalable PAM solution with minimal disruptions to Lockheed Martin's 150,000+ endpoints. Today, Lockheed Martin meets its NIST SP 800-171 requirements while significantly enhancing operational security.

"Remediant worked an aggressive timeline and a full-lifecycle implementation across the global enterprise to provide added security for our desktop administrators. We call it 'Instrumented Compliance', which means not only being compliant but, more importantly, being able to continue to assure our customers and employees that we are protecting their critical data," said Joel Johnson, Cyber DFARS Program Manager, Lockheed Martin.

Full details of how Remediant helped Lockheed Martin meet DFARS can be viewed here: https://remediant.com/solutions/success-story.

About Remediant

Founded in the heart of San Francisco, Remediant meets complex security challenges that require a complete understanding of regulatory and government standards. We deliver unparalleled, innovative solutions that holistically balance policy, technology, and usability. Our motivation is to provide next-generation technology and services to secure data for corporations and government entities who must meet regulatory compliance and stop lateral movement in their ecosystems.

Media Contact:
Eve Chen
[email protected]
(415) 854-8771

Raytheon, NOAA win Aviation Week Laureate award for unmanned hurricane tracker

 

WASHINGTON, March 2, 2018 -- Raytheon Company (NYSE: RTN) and the National Oceanic and Atmospheric Administration received Aviation Week magazine's prestigious Laureate award for using the Raytheon Coyote® unmanned aerial vehicle to provide near-real-time, potentially life-saving data during hurricanes.

Developed for the military, Coyote is a small, expendable UAV that's air- or ground-launched into environments too dangerous for manned aircraft. The system can fly for more than an hour and up to 50 miles from its host aircraft.

"Weather forecasters are able to better understand storm behavior and improve hurricane models based on the real-time information provided by our Coyotes," said Dr. Thomas Bussing, Raytheon vice president of Advanced Missile Systems. "Coyote UAVs are collecting and delivering robust storm data that could ultimately save lives."

Last year, NOAA researchers deployed six Coyote UAVs to track and model Hurricane Maria. Launched from a NOAA WP-3D Orion hurricane hunter aircraft, the Coyotes flew directly into the storm, giving researchers an unprecedented view of Maria.

Traditional weather instruments are dropped from planes and capture only a snapshot of storm behavior, but Coyote's winged design allowed it to linger and return to key areas of a hurricane to gather more data and transmit it near-real-time to researchers.  

"We think unmanned technologies that explore dangerous and difficult to observe regions of the storm may improve our physical understanding, provide enhanced situational awareness and might ultimately improve the accuracy of hurricane intensity forecasts in the future," said Dr. Joseph Cione, a hurricane researcher at NOAA's Atlantic Oceanographic and Meteorological Laboratory and principal investigator of NOAA's Coyote project. "The Coyotes we deployed in Hurricane Maria collected critical, continuous observations in the lower part of the hurricane, an area impossible to reach with manned aircraft."

The Coyote UAV was first deployed in 2014, when NOAA launched four of the systems into Hurricane Edouard, a Category 3 storm. Scientists on board the aircraft collected meteorological data in both the eye of the storm and the surrounding eye wall.

About Raytheon
Raytheon Company, with 2017 sales of $25 billion and 64,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

www.raytheon.com

Media Contacts
Cecelia Fresh
+1.520.746.2281
[email protected]

SOURCE Raytheon Company

Related Links

http://www.raytheon.com

Boeing Names Keating Executive Vice President of Government Operations

ARLINGTON, Va., March 1, 2018 -- The Boeing Company [NYSE: BA] today announced that it has named Tim Keating as executive vice president of Government Operations.

Keating, 56, has served as senior vice president of Government Operations since joining Boeing in May 2008. In this role, Keating leads the company's public policy efforts, including all U.S. federal, state and local government liaison operations, as well as the Boeing Global Engagement organization. In addition to oversight of the company's growing global philanthropic activities, he will continue in this capacity and to serve on the Boeing Executive Council.

"This well-earned promotion recognizes Tim's many contributions to our company over the past decade and reflects the critical role he and his talented team play every day in the long-term success of our business," said Dennis Muilenburg, Boeing chairman, president and CEO. "Tim has worked tirelessly to develop and strengthen relationships at all levels of government and in our communities to help ensure our collective voices are heard on issues important to Boeing, our people and our customers."

In July 2017, under Keating's leadership, the company launched Boeing Global Engagement, a realignment, strategy update and branding refresh of its philanthropic giving organization to bring greater value to Boeing, its employees and stakeholders.

"We aspire to be a top performer in each and every area of our business, and that includes playing a leading role in the communities where we live and work," said Muilenburg. "As president of the Boeing Foundation, Tim is leading the charge to harness our employees' unique skills and expertise, our professional networks and partnerships, and financial resources more effectively to inspire change and make a lasting impact on tomorrow's innovators, veterans and their families, and the places we call home."

Prior to joining Boeing, Keating was senior vice president, Global Government Relations, for Honeywell International, and chairman of the board and managing partner at Timmons and Company – one of Washington's most prestigious lobbying firms. Earlier, Keating served the Clinton Administration as special assistant to the president and staff director for White House Legislative Affairs. Before joining the Clinton Administration, Keating held several positions with the U.S. House of Representatives. He served as assistant floor manager for the Democratic leadership and, prior to that, as special assistant to the doorkeeper.

Keating is a member of the Trilateral Commission, CSIS Advisory Board, Board of Directors for the National Association of Manufacturers and Board of Trustees for WETA. He is a graduate of the University of Scranton, with a bachelor's degree in political science, and he has an honorary doctorate of business administration from the University of South Carolina, and a second honorary doctorate of humane letters from Medical University of South Carolina.

Contact
Gordon Johndroe
Boeing Government
Operations Communications
Office: +1 703-465-3616
Mobile: +1 202-679-0616
[email protected]

 

SOURCE Boeing

Related Links

http://www.boeing.com

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