Press release content from Business Wire. The AP news staff was not involved in its creation.
Amentum and Kūpono form Joint Venture, Awarded $854 Million Contract for Range Operations Support
February 10, 2021 GMT
GERMANTOWN, Md. (BUSINESS WIRE) Feb 10, 2021
A joint venture formed by Amentum and Kūpono, one of its protégé partners and an Alaka’ina Foundation company, was recently selected to perform range and base operations for the U.S. Navy under a single-award, hybrid contract.
Koa Lani JV LLC, the new joint venture, will provide range and base operations support services at the Pacific Missile Range Facility (PMRF) on the islands of Kauai and Oahu in Hawaii. The contract has a maximum value of $854 million over 10 years if all options are exercised.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Spirit Airlines Reports Fourth Quarter and Full Year 2020 Results
Spirit Airlines, Inc.February 10, 2021 GMT
MIRAMAR, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) Spirit Airlines, Inc. (NYSE: SAVE) today reported fourth quarter and full year 2020 financial results.
Ended the year 2020 with $1.9 billion of unrestricted cash, cash equivalents
and short-term investment securities
$(1.61)
$1.24
“Soft demand driven by pandemic-related concerns continues to have a significant impact on our operating results. However, our leading low-cost structure remains a key advantage and positions us well to compete in this environment and beyond. Our load factor and Adjusted EBITDA margin for the fourth quarter 2020 are among the best in the industry, illustrating the strength of our business model,” said Ted Christie, Spirit’s President and Chief Executive Officer. “While the road to recovery is
Press release content from Business Wire. The AP news staff was not involved in its creation.
Hyliion Introduces Next Generation Battery Module to Improve Performance and Efficiency
February 11, 2021 GMT
AUSTIN, Texas (BUSINESS WIRE) Feb 11, 2021
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 commercial vehicles, today announced the introduction of its next generation battery module which integrates Toshiba’s LTO cells with Hyliion’s technology advancements to achieve longer battery life, higher charging rates and improved safety. Building on Hyliion’s proprietary battery system, the battery module will be incorporated into the next evolution of Hyliion’s Hybrid system.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Ackerman Security Systems Joins ADT Authorized Dealer Program
ADT Inc.February 10, 2021 GMT
Will exclusively sell and install ADT smart home security services to new customers
Expansion positions ADT to capitalize on rollout of next generation smart home security solutions
BOCA RATON, Fla., and ATLANTA, Feb. 10, 2021 (GLOBE NEWSWIRE) ADT (NYSE: ADT) announced today that Atlanta-based Ackerman Security Systems has joined the ADT Authorized Dealer Program and will sell and install ADT smart home security services to its new customers.
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Ackerman Security joins more than 200 independently owned and operated ADT Authorized Dealers and expands ADT’s reach in Georgia, Virginia and Maryland.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Intelligent Waves, LLC Promotes Dennis Freeland to VP of Business Development to Continue Record Growth & Expansion
February 11, 2021 GMT
RESTON, Va. (BUSINESS WIRE) Feb 11, 2021
Intelligent Waves (IW), a leading-edge trusted IT systems integrator that delivers high-impact transformational IT solutions to Government’s most mission-critical challenges, announced that Dennis Freeland has been promoted as its new Vice President of Business Development. In support of IW’s growth and expansion, Freeland will be responsible for managing IW’s Business Development resources, driving towards strategic goals for annual growth for the organization through proactive management engagement.