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pureLiFi Unveils Kitefin XE, the Next Generation LiFi System Ready to Secure Communications for Defence and Beyond

EDINBURGH, Scotland--(BUSINESS WIRE)--pureLiFi unveils Kitefin XE, a secure LiFi system for defence and enterprise, offering unmatched wireless security and high-speed connectivity....
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Albany International to Present at the Wells Fargo 2025 Industrials & Materials Conference

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) President and Chief Executive Officer, Gunnar Kleveland, will speak at the Wells Fargo 2025 Industrials & Materials Conference on Wednesday, June 11, 2025 at 4:45 p.m. ET. Interested parties are invited to listen to the webcast via the Company’s Investor Relations website at investors.albint.com. A replay of the webcast will be available on the website following the event. About Albany International Corp. Albany Interna...
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Leonardo DRS Awarded $41 Million Contract to Provide Combat Management System Hardware for U.S. and Allied Navies

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a $41 million contract from the Naval Sea Systems Command to continue delivering critical combat management system hardware for U.S. Navy surface combatants, allied naval forces, and the U.S. Coast Guard. Under the contract, Leonardo DRS will provide a range of advanced hardware—including multi-screen consoles, displays, and peripheral equipment—designed to support the AEGIS Combat System...
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BAE Systems, Inc. Names Tara Olivet Senior Vice President of Finance

FALLS CHURCH, Va.--(BUSINESS WIRE)--BAE Systems, Inc. has named Tara Olivet as its senior vice president of Finance....
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Skyways Secures $37 Million US Air Force Contract to Rapidly Scale Autonomous Cargo Drones

AUSTIN, Texas--(BUSINESS WIRE)--Skyways, a designer and manufacturer of long-range autonomous unmanned cargo aircraft systems, announced today it has received an award for a total amount of $37 million from the U.S. Air Force's (USAF) AFWERX to transition its existing V3 aircraft from prototype to full-rate production. With the funding, Skyways will continue building its autonomy stack, finalize the V3 production design and ramp up for mass manufacturing, targeting the deployment of thousands o...
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The GEO Group Announces Activation of Company-Owned 1,868-Bed D. Ray James Facility

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that U.S. Immigration and Customs Enforcement (“ICE”) has executed a contract modification, effective June 6, 2025, to activate a federal immigration processing center at the GEO-owned, 1,868-bed D. Ray James Facility (the “Facility”) in Folkston, Georgia under the existing intergovernmental service agreement (“IGSA”) involving the GEO-owned, 1,118-bed Folkston ICE Processing Center. Unde...
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Infleqtion Selected to Power the UK’s Largest Quantum Computing Breakthrough

OXFORD, England--(BUSINESS WIRE)--Infleqtion, a global leader in quantum information technologies, today announced a second grant from the UK government to further accelerate the performance of its neutral atom quantum computing platform, Sqale. The project aims to increase gate execution rate by 10–100x, a major advance in the scalability and capability of quantum hardware, critical for making quantum systems commercially viable. The initiative builds upon Infleqtion’s strategic presence at th...
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Oshkosh Corporation Poised for Solid Revenue Growth and Margin Expansion

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, shared its strategy for growth and 2028 financial targets at its Investor Day held June 5, 2025. The Company announced the following 2028 consolidated financial targets: $13 billion-$14 billion revenue 12%-14% adjusted1 operating income margin $18.00-$22.00 adjusted1 earnings per share 90%+ free cash flow conversion2 across the cycle _______________________________ 1 Thi...
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Sentar Honored with Two FORUM Innovation Awards for Groundbreaking Cybersecurity Initiatives

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sentar, a leading provider of advanced cybersecurity and intelligence solutions, wins the FORUM Innovation Award for two transformative technologies....
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Safe Pro Sets New AI Dataset Milestone Processing Over 1.6 Million Drone-Based Battlefield Images Powering its Explosive Threat Detection Capabilities

AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leader in AI-powered security solutions, today announced a major artificial intelligence (AI) data processing milestone, solidifying its position in the forefront of battlefield intelligence and threat detection. The Company’s patented AI ecosystem has successfully analyzed over 1.6 million real-world images from Ukraine conflict zones, establishing one of the world’s most detailed datasets of l...