Operator
Welcome to ITT s 2021 First Quarter Conference Call. Today is Friday, May 7, 2021. Today s call is being recorded and will be available for replay beginning at 12:00 P.M. Eastern Time. [Operator Instructions]
It is now my pleasure to turn the floor over to Mark Macaluso, vice President, Investor Relations. You may begin.
Mark Macaluso
Vice President of Investor Relations
Thank you, Stephanie, and good morning. It s my pleasure to welcome you to ITT s First Quarter 2021 Earnings Conference Call. Joining me here this morning are Luca Savi, ITT s Chief Executive Officer and President; and Emmanuel Caprais, Chief Financial Officer.
Today s press release, presentation and reconciliations of non-GAAP financial measures to the most comparable GAAP measure can be found on our website at itt.com/investors. This call contains forward-looking statements that are subject to certain risks and uncertainties, including, but not limited to impacts from the COVID-19 pandemic. All su
defenceWeb
Written by Guy Martin -
A T5-52 firing a 155 mm artillery round.
The South African defence industry has not been affected by the COVID-19 pandemic like the aerospace sector has and could double exports within 12 to 18 months, according to the Aerospace and Defence Masterplan.
The document, published at the end of 2020, states that it is clear that – unlike commercial aeronautics and maintenance, repair and overhaul (MRO), which have been highly constrained by the impact of COVID-19 on the global industry – and unlike the space, which is at the very beginning of its production life cycle – the defence industry can double high value exports within a 12 to 18-month period.
CUK to distribute Sound Control Technologies
Tuesday, 2 February 2021
‘SCT products are renowned for their rock-solid reliability’
UK - Sound Control Technologies (SCT), the Connecticut, USA based manufacturer best known for their camera extension solutions has appointed CUK Group to distribute their products in the UK where distribution was previously handled by ScanSource. The addition of SCT to the CUK Group portfolio significantly strengthens the company’s video products offering which has grown through the recent addition of several brands and the purchase of York based distributor, Tukans. “SCT products are renowned in our industry not only for the problems that they solve for AV integrators but their rock-solid reliability.” states Stuart Thomson, managing director at CUK Group. “Our focus is to make sure that these products are backed with great customer service, technical support and of course fast delivery from our East Kilbride distribution centre.”
In this week’s edition, on the continent, Egypt unveils the Temsah 4 Armoured Personnel Carrier, Senegal is to receive more Epsilon trainers from France, PTDI is preparing to deliver another CN235 to Senegal, and experts look at maritime security in the Cabo Delgado region.
In SANDF news, a junior infantry officer is the first South African to complete a Pakistani course, and COVID-19 delays the new Air Force Base Durban build.
In company news, the Special Defence Account cut means fewer projects for Armscor, Global Command & Control Technologies emerges as a new ‘decision augmentation’ specialist, Sat-Com is expecting boom year in 2021, Aero Vodochody is helping the Nigerian Air Force reactivate L-39 jets and Hensoldt South Africa launches its new Bushbaby surveillance system.
defenceWeb
Written by Guy Martin -
The Chaka command and control system.
Global Command & Control Technologies (GC2T) is one of the newest defence companies to emerge in South Africa, specialising in command, control, training and simulation solutions.
GC2T emerged from Saab Grintek Defence after the latter divested some of its portfolios, which were then taken over by GC2T. Saab first announced the divestment in March 2019, saying that around 50 Saab employees would be affected, leaving 730 staff at Saabâs facilities in Centurion and Cape Town, focussing on the development and production of mainly electronic warfare and avionics systems for the global market.