Wednesday, May 22, 2024

Read Magazine’s Weekly Roundup: Discover the Most Recent News Leonardo DRS, BAE Systems, Smarsh, SAIC and More !

Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.

In Aerospace news this week…

Leonardo DRS Awarded Contract to Build Next-Generation Aerial Refueling Operator Station for KC-46 Pegasus Tanker Fleet

Leonardo DRS, Inc. announced that it was awarded a contract from Boeing Defense to provide the upgraded Aerial Refueling Operator Station (AROS 2.0) for new U.S. Air Force KC-46 Pegasus refueling tanker aircraft. Under the contract, DRS will manufacture the AROS 2.0 units and deliver them to Boeing for installation. The AROS 2.0 system is a replacement to the previous generation of AROS refueling operator stations. DRS was the original provider of the first generation of AROS with more than 85 consoles fielded to date.

In Automotive news this week…

BAE Systems and Eaton expand collaboration to deliver electric drive solutions for heavy-duty trucks

BAE Systems, a leader in electric propulsion, and Eaton, a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks. The solution offers original equipment manufacturers and commercial vehicle modifiers a comprehensive, efficient, advanced, and flexible EV system for a wide range of zero-emission platforms.

In BFSI news this week…

Smarsh Strengthens C-Suite with Addition of Dr. Maureen Schumacher as Chief Marketing Officer

Smarsh, the global leader in digital communications compliance and intelligence, has announced the appointment of Dr. Maureen Schumacher as its new Chief Marketing Officer. With a proven career in driving marketing transformation, she is set to lead Smarsh’s marketing initiatives into a new era of growth and engagement.

In Biotech this week…

Takara Bio Launches First Commercial Dissolvable Microfluidic Lentiviral Transduction Enhancer

Takara Bio USA, Inc., a wholly owned subsidiary of Takara Bio Inc., announced the launch of the Lenti-X™ Transduction Sponge, a first-to-market dissolvable microfluidic transduction enhancer that innovates in vitro lentivirus-mediated gene delivery techniques. With an easy, walkaway workflow, the Lenti-X Transduction Sponge achieves high transduction efficiency in any cell type, enabling downstream research applications in the gene and cell therapy space.

In Defence Technology news this week…

SAIC Awarded $232 Million U.S. Army Contract for Systems Engineering and IT Modernization Services

Science Applications International Corp. has been awarded a $232 million contract to develop signals intelligence and electronic warfare systems for the U.S. Army. SAIC was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders (TOs) are awarded by the U.S. Air Force’s 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community.

In Energy, Power and Sustainability news this week…

Booz Allen to Provide AI and ML Expertise to Support EPA Scientific Missions

Booz Allen Hamilton announced it was awarded a Blanket Purchase Agreement (BPA) by the U.S. Environmental Protection Agency (EPA) Office of Research and Development (ORD) to support the agency’s modernization efforts and its mission to protect human health and the environment. Booz Allen won one of four positions on the seven-year Scientific Modeling, Application, Visualization, Computational Science, Software, and Statistical Support (SMAVCS4) BPA, which has a ceiling of $431 million.

In Food & Beverage this week…

Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers in the Americas

Range Energy, the hardware company bringing powered trailers to the commercial trucking market, and Thermo King, a leader in sustainable transport temperature control solutions and strategic brand of Trane Technologies, announced a strategic collaboration to advance the commercialization of electric refrigerated trailers in the Americas.

In Healthcare this week…

Evolent and Careology form strategic care navigation partnership to enhance cancer care in the U.S.

Evolent Health, Inc., a $2 billion revenue company focused on achieving better health outcomes for people with complex conditions, announced it is partnering with Careology, a digital cancer care platform, to enable more coordinated, connected and empowered journeys for people living with cancer in the U.S.

In Information Technology this week…

ECI Software Solutions Wins Four 2024 Top Rated Awards from TrustRadius

ECI Software Solutions, a global provider of cloud-based business management software and services, announced four of its products have received a 2024 Top Rated Award from TrustRadius, a leading platform for independent business technology reviews.

In Logistics and Supply Chain this week…

Manhattan Associates Named a Leader in Gartner® Magic Quadrant™ for Warehouse Management Systems

Manhattan Associates Inc., a global leader in supply chain commerce solutions, announced that it has been named a Leader in Gartner® Magic Quadrant™ for Warehouse Management Systems1 for the 16th time in a row. Manhattan has been a Leader in every Gartner WMS Magic Quadrant since the report’s inception in 2006.

In Internet Of Things (IOT) this week…

Spectrum Control Announces New Direct RF Extension to SCi Blocks Family

Spectrum Control Inc. announces a revolutionary new Direct RF extension to its SCi Blocks family of miniature, modular, and intelligent RF+Digital system building blocks. This new DirectRF+ module enables customers to rapidly deploy configurable mission-ready RF front-ends and high-speed digital signal conversion with minimal performance risk.

In Retail this week…

BigCommerce Open Sources B2B Edition Buyer Portal, Giving B2B Enterprise Customers Full Control to Build and Customize Optimal Buyer Experiences

BigCommerce, a leading Open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, announced it has launched the B2B Edition Open Source Buyer Portal, giving enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost.

In Semiconductor & Electronics this week…

SAPEON Enhances AI Accelerator with proteanTecs Reliability and Performance Monitoring

proteanTecs, a global leader of deep data analytics for advanced electronics, announced that SAPEON, a global AI semiconductor company, has integrated proteanTecs lifecycle monitoring solutions in the company’s next-generation AI chip. By using proteanTecs ML-driven applications based on chip telemetry, SAPEON gains deep data insights into their chip’s health and performance, enabling their team to optimize power efficiency, accelerate time-to-market and predictively enhance quality and reliability.

Article of the Week

IoT in Supply Chain: What You Need to Know in 2024


The Internet of Things (IoT) has emerged as a game-changer in the world of supply chain monitoring, revolutionizing how businesses operate and optimize their logistics processes. By seamlessly connecting devices, sensors, and data analytics, IoT in supply chain enables real-time tracking, monitoring, and management of goods, leading to increased efficiency, cost savings, and improved customer satisfaction.

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