Tag: contractor (Page 1 of 2)

Signia by Hilton debuts flagship downtown Atlanta hotel

January 15, 2024 / WIL BALDWIN

Atlanta, Georgia – Hilton Worldwide Holdings Inc. (NYSE: HLT) announced the highly anticipated opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand, and Atlanta’s largest ground-up hotel development project in 40 years. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands welcoming travelers to the destination. In Atlanta, Hilton also has a pipeline of more than 40 hotels in various stages of design and construction.

Poised to become a signature landmark and economic catalyst on the city’s west side, Signia by Hilton Atlanta is owned by Georgia World Congress Center Authority (GWCCA) and forms part of the Authority’s Championship Campus, North America’s largest combined convention, sports, and entertainment destination, which also includes Georgia World Congress Center, Mercedes-Benz Stadium and Centennial Olympic Park. Built on the repurposed foundation of the Georgia Dome, the hotel features eight food and beverage experiences; a spa, beauty bar, rooftop pool and fitness center; more than 100,000 square feet of flexible meeting space, including the largest hotel ballroom in Georgia; a grand outdoor event deck and lawn; and Club Signia.

Signia by Hilton Atlanta was developed by Boston-based Drew Company, with Gensler as the architect and interior designer, and a joint venture between Skanska and SG Contracting as the general contractor. As the tallest building on the west side of Atlanta, the 42-story, 1.25 million square foot property is enveloped in wall-to-wall glass, offering panoramic views of downtown Atlanta, an inspiring and curated art collection, and inviting spaces.

All guest rooms at Signia by Hilton Atlanta offer spectacular floor-to-ceiling windows with panoramic views and reflect the warmth and refinement of Southern luxury, featuring a combination of earth toned-fabrics, rich wood and rattan textures, and brass finishes. The colors and materials are inspired by the building’s unique location in the city, paying homage to some of the most historically important and culturally significant neighborhoods in Atlanta. Shades of amber, deep brown, soft beige, and slate blue evoke a subtle sophistication, while black and metallic details bring an understated modern twist. Together, these design elements invite guests to celebrate the distinguished style of Southern hospitality through a timeless look that is both stylish and functional.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Maersk signs deal with Starlink for its ocean fleet

October 12, 2023 / WIL BALDWIN

Copenhagen, Denmark, October 12, 2023 – A.P. Moller – Maersk (London: 0O77) is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by Space Exploration Technologies Corp., commonly referred to as SpaceX. SpaceX was founded in 2002 by Elon Musk of Tesla (Nasdaq: TSLA) fame.

Maersk, the global leader of integrated container logistics, will have Starlink installed on more than 330 own operated container vessels. This will enabling high-speed internet with speeds over 200 Mbps, service that is a leap forward in terms of internet speed and latency bringing significant benefits in terms of both crew welfare and business impact.

The agreement comes after a successful pilot phase where crew members on more than 30 Maersk vessels have had the opportunity to test the Starlink technology – resulting in very positive feedback.

MD Helicopters Secures $43.9 Million in Army Contracts

June 23, 2021 / WIL BALDWIN

MD Helicopters, Inc. (MDHI) announces two independent contract awards worth $43.9 million from Army Contracting Command-Redstone supporting the Afghan Air Force’s MD 530F Cayuse Warrior light attack helicopters.

The first contract, a six-month extension worth $14.5 million, continues MDHI’s longstanding efforts to provide program management, and contractor logistics support (CLS) services, material, and remote operations to support the Afghan fleet. Work will take place in Mesa, Arizona; Kabul, Afghanistan; and Al-Ain, United Arab Emirates. The contract was awarded on May 28, 2021.

The second contract, worth $29.4 million, modifies MDHI’s original maintenance capabilities support contract. Under this six-month contract, MD Helicopters will provide continued maintenance, repairs, updates, and overhauls of the Afghan Air Force’s MD 530F Cayuse Warrior helicopters in Mesa, Kabul, and Al-Ain. The contract was awarded on June 10, 2021.

The enhanced MD 530F Cayuse Warrior is a light armed attack helicopter respected for its power, safety, speed, agility, and unparalleled confined area capabilities. The aircraft supports a wide range of training and operational missions, providing safe, efficient multi-mission support with an increased performance profile.

Alstom Celebrates Cairo Metro Line 3 – Phase 4 Entry into Service

August 17, 2020 / WIL BALDWIN

Alstom has successfully supplied, tested and commissioned part of Cairo Metro line 3 – Ph4 with a total of 10 stations from Heliopolis to Adly Mansour. His excellency the Egyptian President Abdel Fattah Al Sisi, the Prime Minister Dr. Mostafa Madbouly and the Minister of Transport, Kamel El Wazir, have inaugurated the line with the presence of Dr. Essam Wally the Chairman of NAT (National Authority for Tunnels), and Mena AZER, Project Manager of Alstom Egypt.

In May 2015, NAT awarded Alstom, as a consortium leader, a contract to provide system and subsystem design, manufacturing, installation, testing / commissioning, training, maintenance for signaling, centralized control and telecommunication systems for Cairo Metro line 3 Phase 4A. On the same date, NAT awarded Alstom, as a member of the G3 Power Supply Consortium, a contract for the design, supply, installation, testing, commissioning, training, maintenance of power traction system (Rectifier Stations, Lighting and Power Stations & Annexes Structure and Switch Rooms).

In November 2017, the Egyptian Joint venture of Orascom and Arab contractor as main contractor for Ph4B, awarded Alstom a sub-contract to extend the Cairo Metro Line 3 with additional 4 stations & Main Depot (Adly Mansour).

Urbalis is an advanced signalling system that helps operators to ease commuter congestion. Constantly upgraded, the solution aids urban operators in maximizing their performance and capacity while providing standard supervision and control supporting their operational needs. Designed for heavy ridership metros, the system offers a considerable range of functions that improve headway and average speed performance.

Alstom has been present in Egypt for over 40 years and has contributed to support the strong trend of railway infrastructure development in the country. Over decades, Alstom Egypt has developed a local talent pool that is today in charge of a center of excellence related to Signaling, Power Supply and Depot Equipment which is supporting our projects within all MEA region. It is this heritage that has allowed Alstom Egypt to make a significant contribution to Egypt’s rail industry development.

Rolls-Royce is to supply complete MTU propulsion systems for five new Type 31 general-purpose frigates for the Royal Navy. In total, the order comprises of 40 engines and generator sets to be used for main propulsion and on-board power generation, the MTU Callosum propulsion control and monitoring system, and Integrated Logistics Support (ILS). Rolls-Royce liefert komplette MTU-Antriebssysteme für fünf neue Type-31-Mehrzweckfregatten der britischen Royal Navy. Der Auftrag umfasst insgesamt 40 MTU-Hauptantriebsmotoren und Bordstromaggregate, das Antriebssteuerungs- und Überwachungssystem MTU Callosum und die dazugehörige integrierte logistische Unterstützung (ILS).

Rolls-Royce Wins Contract for MTU Propulsion System for Royal Navy Type 31 Frigates

May 30, 2020 / WIL BALDWIN

Delivery scope: 20 main propulsion engines and 20 on-board generator sets, Callosum marine automation and integrated logistic support
MTU propulsion solutions from Rolls-Royce now feature in almost all current and future Royal Navy vessels

Each new Type 31 frigate of the Royal Navy will be powered by four MTU 20V 8000 M71 engines, each delivering over 8,000 kW. Die neuen Type-31-Fregatten der britischen Royal Navy werden von je vier MTU-Motoren des Typs 20V 8000 M71 mit einer Leistung von über 8000 Kilowatt angetrieben.

Rolls-Royce is to supply complete MTU propulsion systems for five new Type 31 general-purpose frigates for the Royal Navy. In total, the order comprises of 40 engines and generator sets to be used for main propulsion and on-board power generation, the MTU Callosum propulsion control and monitoring system, and Integrated Logistics Support (ILS). Each new frigate will be powered by four MTU 20V 8000 M71 engines, each delivering over 8,000 kW. On-board power will be provided on each vessel by four MTU generator sets based on 16V 2000 M41B units, each delivering in excess of 900 kW. In September 2021, Rolls-Royce will deliver the first shipset comprising four main propulsion engines and four generator sets to prime contractor Babcock International Group. Integrated Logistics Support for propulsion and onboard power systems will ensure efficient and cost-effective maintenance throughout their entire service life. It is expected that the MTU Callosum propulsion control and monitoring system will be officially added to the supply contract very shortly.

Sean Donaldson, Managing Director for Energy & Marine at Babcock International, said: “We’re delighted to welcome Rolls-Royce with its MTU solutions as a supplier to our Type 31 Programme. Its engines and on-board generator sets are already proving their mettle in numerous comparable vessels worldwide.”

Knut Müller, Vice President Marine & Defense at Rolls-Royce business unit Power Systems, said: “We’re very proud of the fact that Babcock International Group has opted for MTU propulsion and on-board power solutions on this highly significant project. MTU products now feature in almost all current and future projects of the Royal Navy. That is impressive proof of the trust our British partners place in us and of the reliability and flexibility of our products.”

The Royal Navy relies on Rolls-Royce propulsion solutions across its surface and submarine fleets. MTU Series 2000, 4000 and 8000 units will feature in future in most Royal Navy warships – in destroyers (Type 45), all frigate classes (Type 23, 26, 31) and submarines (Astute class).

Boeing X-37B Launches in Second Mission for U.S. Space Force

May 18, 2020 / WIL BALDWIN

The Boeing [NYSE: BA]-built X-37B autonomous spaceplane today launched on top of a uniquely configured United Launch Alliance Atlas V rocket.

Boeing is the prime contractor for the X-37B spaceplane and facilitates the integration of all experiments into the vehicle ensuring they receive the correct power, thermal and data services required. Boeing also works to identify future reusable platform experiment opportunities on each mission.

The X-37B’s sixth mission is the first to use a service module with additional payload capability to support a variety of experiments for multiple government partners. The mission will deploy FalconSAT-8, a small satellite developed by the U.S. Air Force Academy and sponsored by the Air Force Research Laboratory, to conduct experiments on orbit. Further, two NASA experiments will study the impact of radiation and other space effects on certain materials and seeds used to grow food. Another experiment by the Naval Research Laboratory will transform solar power into radio frequency microwave energy which could then be transmitted to the ground. In addition, the mission will test reusable space vehicle technologies.

The X-37B first launched in April 2010. Originally designed for missions of 270 days duration, the X-37B has set endurance records during each of its five previous flights. Most recently, X-37B spent 780 days on orbit before returning to Earth in October 2019.

“The X-37B has shifted the paradigm and redefined efficiency in space development, said Jim Chilton, Boeing Space and Launch senior vice president. “The rapid technology advancements enabled by the program will benefit the entire space community and influence the next generation of spacecraft design.”

The X-37B program is a partnership between the Department of the Air Force Rapid Capabilities Office and the United States Space Force. Boeing program management, engineering, test and mission support functions for the Orbital Test Vehicle (OTV) program are conducted at Boeing sites in Southern California and Florida.

Boeing Out of Minuteman Missile Replacement Competition

December 14, 2019 / WIL BALDWIN

The Boeing logo is displayed on a screen, at the NYSE in New York

WASHINGTON (Reuters) – Boeing Co <BA> has decided not to compete as a prime contractor to replace the Pentagon’s aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp <NOC> to win a contract worth tens of billions of dollars.

Friday marked the deadline to submit proposals to continue work on the replacement of the nearly half-century-old intercontinental ballistic missile (ICBM) system as the military embarks on a costly modernization of its aging atomic weapons.

Boeing said in a statement that it was disappointed it was unable to submit a bid. Northrop said it had submitted its proposal. No other bidders were expected.

Boeing’s decision not to enter a bid as a prime contractor had been foreshadowed this summer in a letter from the chief executive of Boeing Defense Space and Security, Leanne Caret, to Air Force leadership, saying Northrop’s 2018 purchase of solid rocket motor maker Orbital ATK might make it difficult for Boeing to compete on cost.

Orbital is the top producer of the solid fuel rocket motors generally used in Minuteman III and similar missiles.

Upgrading the U.S. nuclear force was expected to cost more than $350 billion over the next decade as the United States works to replace its bombs, nuclear bombers, missiles and submarines. Some analysts estimated the cost of modernization at $1 trillion over 30 years.

The Pentagon’s Cost Assessment and Program Evaluation office has said the total cost to replace Minuteman III could top U.S. $85 billion.

In 2017, the Air Force awarded https://www.reuters.com/article/us-boeing-pentagon-gbsd/u-s-air-force-awards-contracts-to-boeing-northrop-for-icbm-replacement-idUSKCN1B12H3 Boeing and Northrop Grumman separate contracts for the early engineering phase of the program.

(Reporting by Mike Stone; editing by Jonathan Oatis, Rosalba O’Brien and Richard Chang)

Boeing Invests in Human Spaceflight Pioneer Virgin Galactic

October 8, 2019 / WIL BALDWIN

– Boeing and Virgin Galactic enter strategic partnership to transform commercial space travel and mobility

– Latest investment to date by Boeing HorizonX Ventures organization

Boeing [NYSE: BA] is investing $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies.

“Boeing’s strategic investment facilitates our effort to drive the commercialization of space and broaden consumer access to safe, efficient, and environmentally responsible new forms of transportation,” said Brian Schettler, senior managing director of Boeing HorizonX Ventures. “Our work with Virgin Galactic, and others, will help unlock the future of space travel and high-speed mobility.”

To date, Virgin Galactic has invested $1 billion of capital to build reusable human spaceflight systems designed to enable significantly more people to experience and utilize space. In July, the company announced its intent to become a publicly-listed entity via a business combination with Social Capital Hedosophia Holdings Corp. The Boeing investment will be in return for new shares in Virgin Galactic and is therefore contingent on the closing of that transaction, which is expected to close in the fourth quarter of 2019, and any such investment will be in the post-business combination company.

This investment brings together two companies with extensive experience in the space industry. Virgin Galactic is a pioneer of commercial human space flight and is the first and only company to have put humans into space in a vehicle built for commercial service, having built and flown a Mach 3 passenger vehicle. Through its manufacturing and development capabilities, Virgin Galactic can design, build, test, and operate a fleet of advanced aerospace vehicles. Boeing has unsurpassed experience transporting people to orbit and building and operating large structures in that challenging environment. A part of every U.S. manned space program, Boeing serves as NASA’s prime contractor for the International Space Station (ISS) and is preparing the new, reusable, Starliner space capsule for launch to the ISS.

“This is the beginning of an important collaboration for the future of air and space travel, which are the natural next steps for our human spaceflight program,” said Sir Richard Branson, founder of Virgin Galactic. “Virgin Galactic and Boeing share a vision of opening access to the world and space, to more people, in safe and environmentally responsible ways.”

Boeing Defense, Space & Security President and CEO Leanne Caret, said “the unique expertise of our companies stretches from points all around the world to the deepest reaches of space. Together we will change how people travel on Earth, and among the stars, for generations to come.”

George Whitesides, CEO of Virgin Galactic, noted: “we are excited to partner with Boeing to develop something that can truly change how people move around the planet and connect with one another. As a Virgin company, our focus will be on a safe and unparalleled customer experience, with environmental responsibility to the fore.”

Additional information on specific projects to be pursued will be shared in the future.

Germany to Equip New Coastal Patrol Vessels with BAE Systems’ 57mm Guns

September 3, 2019 / WIL BALDWIN

BAE Systems has been selected by the vessel contractor to provide the German federal police force, Bundespolizei, with three 57mm naval guns for its three new 86m Offshore Patrol Vessels (OPVs) built by Fassmer shipyard.

The gun systems, known as the Bofors 57 Mk3, will support the maritime arm of the Bundespolizei that monitors the country’s North Sea and Baltic coastlines. The 57 Mk3 is a flexible, highly versatile gun system designed to react quickly for close-to-shore operations.

“The Bofors 57 Mk3 is a versatile naval gun with firepower and range that exceeds expectations when compared with similar, medium calibre naval gun systems. That’s how our 57 millimeter system has earned its reputation as the deck gun of choice for ships operating in coastal environments,” said Ulf Einefors, director of marketing and sales for BAE Systems’ weapons business in Sweden. “This contract expands the number of European nations deploying the 57 Mk3 and reflects the growing interest we’re seeing in the region, where we look forward to supporting new opportunities in the near future.”

The 57 Mk3 naval gun is also in use with the allied navies and coast guards of eight nations, including Canada, Finland, Mexico, and Sweden, as well as the United States, where it is known as the Mk110 naval gun.

This contract also includes accompanying fire control systems as well as systems integration support. Work is expected to begin immediately and will be performed at the BAE Systems facility in Karlskoga, Sweden. The first unit is scheduled for delivery in 2020.

MD Helicopters Awarded $50.4 Million Contract for Support of Afghan Air Force

August 30, 2019 / WIL BALDWIN

EFFECTIVE THROUGH MAY 2020, CONTRACTED SERVICES WILL TAKE PLACE IN MESA, ARIZONA AND AFGHANISTAN

MD Helicopters, Inc (MDHI) announced today that the company has been awarded a $50.4 million Firm Fixed Price contract modification for logistics support of the MD 530F Cayuse Warrior helicopter fleet currently in service with the Afghan Air Force (AAF). MD Helicopters has provided comprehensive contractor logistics support (CLS) services to the Afghan Air Force since the first MD 530F training aircraft arrived in Afghanistan in 2011.

The current CLS contract extension provides for continuous CONUS and OCONUS maintenance, on-the-job training, and support services, including spares support, for all MD 530F Cayuse Warrior helicopters operated by the Afghan Air Force. Effective September 1, 2019, the Period of Performance for the new contract, with all options exercised, runs through May 31, 2020.

The AAF began operating the MD 530F as a primary rotary wing training aircraft in 2011. In 2014, in response to an urgent and compelling need within the region, MDHI was contracted to arm and weaponize the proven single engine training aircraft, delivering expanded capabilities for armed escort, scout attack and close air attack operations. Nine months later, MDHI delivered the first of a robust fleet of 60 MD 530F Cayuse Warrior light scout attack helicopters.

Currently, MDHI supports all mission-ready MD 530F Cayuse Warrior aircraft in Afghanistan. The final 5 units associated with the 2017 30-unit Delivery Order issued against MDHI’s $1.4 Billion IDIQ contract are set for on-time delivery later this year.

EFFECTIVE THROUGH MAY 2020, CONTRACTED SERVICES WILL TAKE PLACE IN MESA, ARIZONA AND AFGHANISTAN

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