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LOCATIONS
MARITIME
13 May 20. Carrier Kennedy remains on schedule as US Navy secretary nominee supports carrier force. Despite the impacts of Covid-19 on the contractor workforce – and the recent US Navy (USN) decision to change the delivery plan for the ship – aircraft carrier John F. Kennedy (CVN 79) is still tracking for its initial final delivery schedule, according to Michael Petters, CEO of Huntington Ingalls Industries (HII), whose Newport News Shipbuilding unit is constructing the ship.
Petters’ assurances come as Kenneth Braithwaite, who has been nominated to be the next USN secretary, told US lawmakers he supports a carrier force that meets existing nationally mandated needs. The USN is now studying whether changes should be made to the current carrier fleet size.
Initially, the USN had contracted with Newport News Shipbuilding to deliver Kennedy in two phases – the first being mostly the hull and related systems in about two years, with the combat system being installed for the second and final delivery phase in 2024.
Work has continued aboard ship even with changes in the shipyard to meet federal guidance meant to prevent the spread of Covid-19, including a work-shift reduction and other measures to ensure social distancing and a sanitised working environment.
“CVN 79 Kennedy is approximately 72% complete and the team remains focused on compartment completion and preparation for primary system testing,” Petters told investment analysts during a 7 May quarterly earnings call.
“Newport News is working closely with the navy to pursue a single-phase delivery approach on CVN 79,” Petters noted. “Now this change from a two-phase delivery would extend the Newport News performance duration while supporting the navy’s plan for efficiently delivering a completed ship in 2024.”
USN officials confirmed that they expect the ship to be delivered in September of that year. Kennedy will need to meet this schedule for the USN to maintain the federally mandated 11-carrier force. (Source: Jane’s)
AIR
14 May 20. Boeing Delivers 100th P-8A Poseidon Built for the U.S. Navy. The U.S. Navy received its 100th P-8A aircraft from Boeing [NYSE: BA] today as the global fleet, which also includes the Indian navy and the Australian and U.K. air forces, approaches 300,000 flight hours of hunting submarines and providing aerial reconnaissance capabilities around the world.
“We’re honored by the Navy’s faith and confidence in our employees and the P-8 system,” said Stu Voboril, vice president and program manager. “Our focus has been, and will be, on delivering the world’s best maritime patrol aircraft, bar none.”
The P-8 is a proven long-range multi-mission maritime patrol aircraft capable of broad-area, maritime and coastal operations. A military derivative of the Boeing 737 Next-Generation airplane, the P-8 combines superior performance and reliability with an advanced mission system that ensures maximum interoperability in the battle space.
This is the 94th mission-capable airplane to enter the U.S. Navy fleet, with six additional jets used as Engineering Manufacturing Development test aircraft. The 100th fully-operational delivery is scheduled for later this year. Boeing has also delivered 12 jets to the Royal Australian Air Force, two to the U.K.’s Royal Air Force and eight P-8Is to the Indian Navy. Multiple U.S. Navy squadrons have deployed with the P-8A Poseidon, and the Indian Navy and Royal Australian Air Force are conducting missions with the P-8 as well.
11 May 20. M-345: Leonardo’s new jet trainer certified and ready for the global market. The DAAA (Directorate for Air Armaments and Airworthiness), the certification Authority of the Italian Ministry of Defence, has given the initial certification for Leonardo’s new M-345 trainer
- Leonardo’s new M-345, close to entering into service with the Italian Air Force, and future aircraft of the Italian Airforce acrobatic team Frecce Tricolori, is an aircraft capable of providing jet trainer aircraft-like performance and efficiency at the cost of a turboprop
- The initial certification of the M-345 is the result of intense in-flight and on-ground test activities – which total almost 200 flights, carried out also thanks to the collaboration with the Italian Air Force, aimed at assessing aircraft and equipment compliance with stringent performance and safety standards
Leonardo is pleased to announce that the DAAA (Directorate for Air Armaments and Airworthiness), the Italian Ministry of Defence’s Certification Authority, has issued the “Initial Certification” for Leonardo’s new M-345 training aircraft. This important achievement for the M-345 programme is the result of intense activities with two hundred dedicated flights logged alongside the critical support of the Italian Air Force’s Flight Test Centre, 61st Wing and 10th Aircraft Maintenance Unit.
Lucio Valerio Cioffi, Managing Director of Leonardo Aircraft Division, commented: “The achievement of the Initial Certification for the M-345 – unique in its segment for acquisition and operational costs – confirms the aircraft features excellent characteristics and capabilities and makes it available for the international market. This result stems from a consolidated collaboration between the industry, the Certification Authority and the Italian Air Force under a full national effort and embodies the heritage in training excellence which is widely acknowledged to the Italian Armed Forces.”
The Initial Certification of the M-345 marks the first case of enforcement of the new AER (EP) P-21 rule for a fixed-wing aircraft. This rule adopts the European EMAR-21 – (European Military Airworthiness Requirements) – a stringent international certification requirement that will also be beneficial to the export of the aircraft.
The M-345, thanks to its performance and advanced integrated training system provides the Air Force with a significant improvement in training effectiveness greater efficiency and a strong operating cost reduction. The new aircraft, designed to meet basic and basic/advanced training needs, will complement the M-346s used for the advanced phase of pilot training and, in the framework of the “International Flight Training School” project, will support the reinforcement and internationalisation of the training offer launched by Leonardo in partnership with the Italian Air Force.
The Integrated Training system based on the M-345 confirms Leonardo’s world technological leadership in training pilots allocated to current and future generation aircraft, benefiting from the experience and technology already developed for the M-346, including the “Live Virtual Constructive” capability. This allows the integration of the in-flight aircraft with simulated “friend” or “foe” elements, allowing the future pilot to be exposed to the complexity of every possible operational scenario. (Source: ASD Network)
PLANT CLOSURES, JOB LOSSES AND STRIKES
13 May 20. Airbus Examining Restructuring Including Job Cuts – Sources. Airbus is exploring restructuring plans involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said, though no decision is imminent.
Europe’s largest aerospace group has not ruled out layoffs, while signalling that no decisions will be made before the summer. But a global airline crisis has gathered speed in recent weeks, with carriers and suppliers pleading for help.
Chief Executive Guillaume Faury is expected to update managers on Thursday after warning staff last month that the firm’s survival was at stake due to a slump in demand.
Under French law, Toulouse-based Airbus cannot disclose restructuring plans internally before consulting trade unions through a formal exercise not expected before the end of May.
But people close to the company said senior staff would be attempting to read between the lines of Faury’s weekly internal briefing to gauge his job plans.
“Over the last few weeks, Airbus has implemented a number of financial, operational and social measures in order to adapt to the severe health and economic impact of the COVID-19 crisis,” an Airbus spokesman said.
“The company will continue to take all necessary measures to ensure the future of Airbus in cooperation with its social partners.”
A meeting with unions is scheduled for Thursday to discuss progress on furlough schemes, French union sources said. More temporary furloughs could be announced in the coming week. (Source: defense-aerospace.com/Reuters)
MILITARY AND GOVERNMENT
PERSONNEL
12 May 20. Indian Army postpones launch of integrated battle groups. The Indian Army (IA) has postponed the official launch of its new integrated battle groups (IBGs) because of the ongoing Covid-19 pandemic.
“The roll-out of the IBGs has been delayed due to the outbreak of the pandemic and the need to divert critical resources towards its containment efforts,” IA Chief of Staff General Manoj Mukund Naravane told the Press Trust of India news agency on 9 May. However, the conceptual groundwork for the IBGs has been completed, he said, adding that the groups, which are part of plans to reform of the 1.3 million-strong IA, would be rolled out in a “requisite timeframe”. (Source: Jane’s)
EUROPE APPOINTMENTS
11 May 20. The Royal Edinburgh Military Tattoo Board of Directors has announced the appointment of Major General Buster Howes as the new Chief Executive. This follows last year’s notification that Brigadier David Allfrey would relinquish the role in 2020. Buster, who will become the charity’s first Royal Marines CEO, has served as a Non-Executive Director with the Tattoo since September 2015. He brings a wealth of business knowledge, as well as unrivalled experience from a distinguished military career. Buster’s last military appointment was as Head of the British Defence Staff in the USA, working to the Obama administration. Prior to that, he Commanded the Royal Marines.
U.S. APPOINTMENTS
11 May 20. USAF LG Joseph T. Guastella Jr. for appointment to the rank of lieutenant general, with assignment as the deputy chief of staff, operations, Headquarters U.S. Air Force, Pentagon, Washington, D.C. Guastella is currently serving as commander, U.S. Air Forces Central Command, Air Combat Command, Al Udeid Air Base, Qatar.
11 May 20. USAF MG Gregory M. Guillot for appointment to the rank of lieutenant general, with assignment as commander, U.S. Air Forces Central Command; commander, Ninth Air Expeditionary Task Force, Air Combat Command; and combined forces air component commander, U.S. Central Command, Al Udeid Air Base, Qatar, and Shaw Air Force Base, South Carolina. Guillot is currently serving as director, operations, J-3, Headquarters U.S. Northern Command, Peterson Air Force Base, Colorado.
11 May 20. USAF MG Michael A. Loh for appointment to the rank of lieutenant general, with assignment as director, Air National Guard, National Guard Bureau, Pentagon, Washington, D.C. Loh is currently serving as the adjutant general, Colorado National Guard, Centennial, Colorado.
11 May 20. USAF MG Scott L. Pleus for appointment to the rank of lieutenant general, with assignment as deputy commander, U.S. Forces Korea; commander, Air Component Command, United Nations Command; commander, Air Component Command, Combined Forces Command; and commander, Seventh Air Force, Pacific Air Forces, Osan Air Base, Republic of Korea. Pleus is currently serving as director, air and cyberspace operations, Headquarters Pacific Air Forces, Joint Base Pearl Harbor-Hickam, Hawaii.
11 May 20. USAF BG Dagvin R. M. Anderson for appointment to the rank of major general. Anderson is currently serving as the commander, Special Operations Command Africa, U.S. Special Operations Command, Stuttgart-Moehringen, Germany.
11 May 20. USAF BG Deanna M. Burt for appointment to the rank of major general. Burt is currently serving as the director, operations and communications, Headquarters U.S. Space Force, Peterson Air Force Base, Colorado.
11 May 20. USAF BG Case A. Cunningham for appointment to the rank of major general. Cunningham is currently serving as the deputy director, operations, J-3, Headquarters U.S. Indo-Pacific Command, Camp H. M. Smith, Hawaii.
11 May 20. USAF BG Michele C. Edmondson for appointment to the rank of major general. Edmondson is currently serving as the commandant of cadets, U.S. Air Force Academy, Colorado Springs, Colorado.
11 May 20. USAF BG Kenneth P. Ekman for appointment to the rank of major general. Ekman is currently serving as the deputy commander, operations and intelligence, Combined Joint Task Force-Operation Inherent Resolve, U.S. Central Command, Camp Arifjan, Kuwait.
11 May 20. USAF BG Derek C. France for appointment to the rank of major general. France is currently serving as the deputy director, operations, J-3, Headquarters U.S. Central Command, MacDill Air Force Base, Florida.
11 May 20. USAF BG Philip A. Garrant for appointment to the rank of major general. Garrant is currently serving as the program executive, programs and integration, Missile Defense Agency, Redstone Arsenal, Alabama.
11 May 20. USAF BG Andrew J. Gebara for appointment to the rank of major general. Gebara is currently serving as the director, strategic plans, programs and requirements, Headquarters Air Force Global Strike Command, Barksdale Air Force Base, Louisiana.
11 May 20. USAF BG Samuel C. Hinote for appointment to the rank of major general. Hinote is currently serving as the deputy director, Air Force Warfighting Integration Capability, Deputy Chief of Staff for Strategy, Integration, and Requirements, Headquarters U.S. Air Force, Pentagon, Washington, D.C.
13 May 20. USN Vice Adm. Stuart B. Munsch for reappointment to the grade of vice admiral and assignment as director for operational plans and joint force development, J7, Joint Staff, Washington, D.C. Munsch is currently serving as deputy chief of naval operations for warfighting development, N7, Office of the Chief of Naval Operations, Washington, D.C.
13 May 20. USMC MG Austin E. Renforth for appointment to the rank of major general. Renforth is currently serving as the director, joint capabilities integration and development, Headquarters, U.S. Marine Corps, Washington, D.C.
INDUSTRY
INDUSTRY TEAMINGS
12 May 20. Northrop Grumman Corporation (NYSE: NOC) has expanded its Next Generation Jammer Low Band (NGJ-LB) Capability Block 1 (CB-1) solution team with the addition of proven structure supplier CPI Aero, Inc. based in Edgewood, New York.
Following the proposal submittal for NGJ-LB in January, Northrop Grumman is moving forward with CB-1 execution by selecting CPI Aero, Inc. to provide the NGJ-LB pod structure and assembly, advancing on the U.S. Navy’s speed to fleet path.
“The addition of CPI Aero to our NGJ-LB team will help provide rapid fleet capability to the Navy,” said Paul Kalafos, vice president, surveillance and electromagnetic maneuver warfare, Northrop Grumman. “They have extensive experience in providing aircraft and pod structural components for several Department of Defense customers and we are proud to have them on our team of EW engineering and mission experts, helping the Navy maintain its warfighting edge through advanced airborne electronic attack (AEA) capabilities.”
“Our leading structures and assembly experience is used by the Navy’s EA-18G, E-2D, MH-60S and CH-53K systems, and we have a well-established record providing these components on-time, efficiently and with consistent high quality,” said Doug McCrosson, president and CEO, CPI Aero, Inc.
CPI Aero, Inc. is also the current supplier of record for pod structure and assembly for the Navy’s ALQ-249 Next Generation Jammer Mid-Band program.
Northrop Grumman is the AEA integrator for the Navy’s current EA-18G Growler electronic warfare system. The NGJ-LB will fly on the EA-18G Growler, providing advanced AEA capabilities. Northrop Grumman has been working closely with the Navy to build and demonstrate survivable and capable carrier-based solutions for over 50 years. Starting with the AN/ALQ-86, to the current AN/ALQ-99, AN/ALQ-218 and AN/ALQ-240 for EA-18G and P-8, Northrop Grumman is helping define the future of naval electronic warfare through artificial intelligence, cognitive solutions, software defined and hardware enabled multi-function technologies and open architecture systems.
11 May 20. UAV Propulsion Tech to Market Suter Industries /CAE UAV Engine Solutions. UAV Propulsion Tech has signed a representative agreement with Suter Industries AG (Turbenthal, Switzerland) and Compass Aircraft Europe GmbH (Vienna, Austria) to market their advanced UAV engine solutions. UAV Propulsion Tech currently represents several global organizations and has been providing advanced technology and hardware solutions to defense and commercial UAV customers since 2007. Bob Schmidt, president and founder of UAV Propulsion Tech has been working with 2-stroke UAV engine providers and customers since 2003. Suter/CAE have been working together for the past two years developing new UAV engines that meet the demanding performance and reliability needs of the UAV market.
Suter Industries AG produces the UAV engines that were co-developed with Compass Aircraft Europe (CAE). Suter Industries’ roots go back to motorcycle racing era of the 1990s. Eskil Suter was a successful Grand Prix racing driver and founded the Suter Racing company in 1996. The company is known for their “Suter Clutch” and other products for the motorcycle racing market including high-performance engines, motorcycles and various components.
In 2015, Suter Racing launched a four-cylinder 2-stroke racing motorcycle that was developed and produced in house including the Suter 500 engine. Since 2002 Suter Industries has applied their expertise gained from the motorcycle racing market to develop products for other markets including automotive, aerospace and defense industries. The Suter/CAE collaboration and development of UAV engines is one of the new products coming out of Suter Industries.
Compass Aircraft Europe is lead by Dietrich Kehe who is a mechanical engineer with over 24 years’ experience in manned and unmanned 2-stroke aircraft engines. He received his engineering degree with a focus on combustion engines from the University of Hochschule für Technik – Esslingen (Stuttgart, Germany area). Dietrich has developed clean sheet engine designs for advanced UAV applications utilizing advanced electronic fuel injection (including direct injection) technology. These include complete propulsion systems with integrated starter-generators, engine mounts and belt/gear reduction drive systems. These solutions are flying on some of the world’s most advanced UAV applications.
Dietrich also has an understanding of the supply base required to design/produce advanced 2-stroke engines and teamed with Suter Industries to be the development and production partner to bring a new line of advanced UAV engines to the global market. The first engine to be developed by the Suter/CAE team is the Suter 288 engine which is a twin cylinder, horizontal opposed, air cooled, two cycle engine, with fuel saving electronic engine management system and a 1kW starter/generator. Displacement is 288cm3. Power: 13.3kW (18HP) @5700rpm, 17.5kW (24HP) @6500rpm. All engines are produced in Switzerland.
Bob Schmidt, founder and president of UAV Propulsion Tech said, “I am excited to be working with Dietrich Kehe and his team to bring this world class UAV engine to the global UAV market. I have worked with Dietrich since 2003 on UAV engine programs and he definitely knows what the market needs and can develop technical solutions to meet those needs.” Bob went on to say, “The addition of the Suter/CAE UAV engine solutions to UAV Propulsion Tech will allow us to continue to provide the best UAV hardware solutions for our customers. I am looking forward to working with Suter/CAE to provide custom and COTS propulsion solutions to the UAV market.”
Dietrich Kehe, CEO and founder of CAE GmbH said, “We wanted to work with a UAV solution provider like UAV Propulsion Tech because of their propulsion experience in the UAV market. UAV Propulsion Tech is a perfect partner to help us increase our visibility in the market and bring these solutions to their expanding UAV customer base.” Dietrich went on to say, “Bob’s experience as a mechanical engineer and our experience working together in the UAV market on UAV engines in the past will allow UAV Propulsion Tech and Suter/CAE to develop and deliver world-class propulsion solutions.” (Source: UAS VISION)
PERSONNEL
14 May 20. The Air League has been awarded grant funding from the Department for Transport to support its flagship Soaring to Success and National Youth Plane Building initiatives. The two programmes will provide a major boost to the STEM (Science Technology Engineering and Mathematics) agenda of the UK’s aviation and aerospace industries to positively influence the career outcomes of many thousands of young people across the UK.
Soaring to Success is an inspirational activity, which is the largest scale programme of its type in the UK and is designed to immerse young people into the aviation and aerospace industries. Stage 1 modules showcase the vast range of opportunities and routes into the industry and are typically delivered by the Air League and corporate partners including British Airways, Boeing, DHL and Rolls-Royce. The programme, which will be extended around the UK, progresses to provide actual experiences of gliding and powered flight and, for a small number of young people, will deliver a further boost to their career ambitions through a 5 or 12 hour Air League flying scholarship.
Nick West, chief executive of the Air League, commented: “Against a backdrop of a difficult year for the UK, its young people and the aviation industry, the DfT’s backing for the Air League enables Soaring to Success and the National Youth Plane Building programme to become nationally significant and deliver enduring benefits to skills in the industry.”
The National Youth Plane Building Programme, known as Project Slingshot, takes a unique approach, in being focused on a professional build standard delivered by actively mentored young people. This is made possible by drawing upon expertise within the RAF Sport Aircraft charitable organisation, the aviation and aerospace industries and the Light Aircraft Association, as well as the selection of an aircraft which offers Night Flying in Instrument Meteorological Conditions. The aircraft is intended to be utilised for military cadet and other youth organisations’ ab initio flying and will benefit several thousand young people over a typical 25-year service lifetime. Standardisation on the building of highly capable modern aircraft will provide numerous benefits including value for money, fuel efficiency, range and a valuable learning experience for the young people involved in building these aircraft. The Air League is building a network of partners to deliver the programme which ensures the maximum impact on young people, along with the greatest possible long-term benefit to the UK’s aviation and aerospace industries, the armed forces and the general aviation community. Project Slingshot will also deploy new build and programme management techniques that will better equip the young people involved to launch their future careers.
The funding from the Department for Transport is part of the Reach for the Sky Programme, which aims to encourage people from all backgrounds into aviation careers.
08 May 20. US Defense Firms Hiring Thousands Amid Record Unemployment. Pentagon spending on missiles, satellites, and nuclear weapons fuels a production boom, as firms fight off commercial aerospace downturn.
As U.S. unemployment reached its highest level since the Great Depression amid the coronavirus pandemic, some of America’s largest defense firms are hiring thousands of workers to build fast-flying missiles, satellites and nuclear weapons.
Even amid nationwide social distancing practices, companies are interviewing job candidates through video conferencing and other technology as they look to fill positions on national security projects that Pentagon leaders want to keep on schedule.
“[W]e recognize that providing jobs during this period of economic downturn is also critically important,” Lockheed Martin CEO Marillyn Hewson said last month on the company’s quarterly earnings call. “We are committed to continued hiring during this crisis.”
Lockheed, the world’s largest defense company, already has hired more than 2,365 new employees since March when many U.S. companies began furloughing or layoff workers amid coronavirus stay-at-home orders. In addition, Lockheed is “actively recruiting for over 4,600 roles,” in 39 states and Washington, D.C., the company said in a statement Friday.
Northrop Grumman says it could hire as many 10,000 this year. Raytheon Technologies another 2,000. Boeing, which is preparing to cut 10 percent of its 160,000-employee workforce as the airlines predict at least a three-year drop in sales, is advertising more than 600 open positions in the United States, largely in its defense, space, cybersecurity and intelligence units.
While General Dynamics’ private jet maker Gulfstream is laying off nearly 700 workers in Savannah, Georgia, the company is advertising more than 3,500 open positions within its Information Technology, Mission Systems, Land Systems and shipbuilding units. BAE Systems is advertising more than 1,300 open positions in the United States.
The coronavirus recession is hurting companies that build commercial aircraft parts since many airlines no longer need new planes as passenger travel has fallen 96 percent. Some firms, like Raytheon Technologies, the company formed by the merger of Raytheon and United Technologies last month, are considering shifting employees from commercial to defense work.
“[W]e are actively working to try and take engineering talent and other talent that we’ve got in the legacy [United Technologies commercial] business and move those folks over to programs on the Raytheon side,” CEO Gregory Hayes said Thursday on the company’s quarterly earnings call.
Pay cuts, furloughs and a hiring freeze has hit Raytheon Technologies’ commercial business, a major supplier to planemakers. But it’s a different story on the defense side of the house where there are 2,000 job openings. Last month, the Air Force chose Raytheon to build a new nuclear cruise missile, a project Hayes said could be worth $10bn over its lifetime.
In recent years, Lockheed has been expanding its missiles and space businesses as the Pentagon has increased focus and spending in these sectors.
“We’re recruiting talent for everything from internships, to early careers to experienced professionals,” Jean Wallace, the company’s vice president of workforce solutions, said in an emailed statement. “In particular, we’re looking to fill five priority critical skill areas: RF engineering, software engineering, systems engineering, electrical engineering, and advance manufacturing operations.”
Northrop Grumman, the fourth-largest U.S. defense company, expects “significant headcount growth this year because of the program volume increases… sales growth, as well as the anticipated awards in the latter half of this year,” CEO Kathy Warden said on the company’s quarterly earnings call last week.
The company also has been increasingly winning classified contracts as the U.S. military has shifted spending to develop new weapons to counter China. Northrop is building a new stealth bomber and a new intercontinental ballistic missile for the Air Force.
“We are actively recruiting for 10,000 open positions and we hired more than 3,500 people in the first quarter, which included more than 1,300 new hires in March,” Warden said.
That said, those 10,000 might not all materialize as attrition rates drop as the broad job market contracts. A portion of those positions that would only make it on the books should Northrop win new government contracts.
“[W]e only do that hiring if we indeed get those awards as we look forward,” Warden said. (Source: Defense News Early Bird/Defense One)
U.S. APPOINTMENTS
13 May 20. K2 Intelligence Financial Integrity Network (FIN) today announced Sepideh Behram Rowland has joined its Financial Crimes Risk and Compliance practice as a Vice President. Ms. Rowland brings with her over 20 years of regulatory compliance experience, including leadership positions at money services businesses, large financial institutions, and community banks. As head of managed services, Ms. Rowland will expand the firm’s managed services offerings and partnerships. (Source: PR Newswire)
08 May 20. Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, FRANKFURT: LD2, OTCQB: LDDFF), a leading concealed weapons detection company, announces that the Company has made certain management and board changes associated with ongoing merger with DrawDown Detection Inc.. Effective May 1st, 2020, Aman Bhardwaj assumed the role of Interim CEO and Director of the Company. Mr. Bhardwaj will also continue in his role as COO and President of US Operations, which he has held since inception of the Company. In connection with the merger, Bill Riker (Liberty’s former CEO) and Damian Towns (Liberty’s former CFO) agreed to terminate their employment with the Company effective April 30, 2020, in order to facilitate the merger. At the request of the Board, both Mr. Riker and Mr. Towns will remain on the Board of Directors in the interim in order to assist with the completion of the merger. The Company hopes to be in a position to provide an update on the merger shortly. (Source: PR Newswire)
09 May 20. HawkEye 360 Inc., the first commercial company to use formation flying satellites to create a new class of radio frequency (RF) data and data analytics has announced that David Farnsworth has been named HawkEye 360’s Chief Financial Officer. Farnsworth brings years of experience as a technology and innovation leader in the defense industry. In his former role as the Vice President and Chief Financial Officer for Integrated Defense Systems of Raytheon Company, Farnsworth had oversight of the financial activities for the $6bn business unit and is well suited for this new position at HawkEye 360. (Source: Aerospace Daily & Defense Report)
REST OF THE WORLD APPOINTMENTS
12 May 20. Illusive Networks®, the leader in deception-based cyber defense solutions, today announced the hiring of Nicole Bucala as vice president of business development. With a proven track record of bringing innovations to the security industry, Nicole will play a key role in accelerating the company’s momentum and growth. Nicole comes to Illusive from RSA Security, where she was head of strategic business development and technology alliances. During her tenure at RSA, she built the strategic partnership team and achieved annual triple-digit partnership revenue growth by closing a variety of inventive partnership deals. Before that, she founded and served as CEO and president of MIFCOR, an early-stage biotechnology startup, and she’s also worked on counterterrorism efforts for the U.S. government.
In the newly created role of vice president of business development, Nicole will be instrumental in defining partnership strategy and furthering alliances to drive growth and adoption of the company’s technology. Illusive has formed important partnerships throughout the security ecosystem including BeyondTrust, BlueCat, Carbon Black, Cisco, CyberArk, Hitachi, Infoblox, LogRhythm, Microsoft, and Splunk among others.(Source: PR Newswire)
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