GlobeNewswire by notified

NATO's Alliance Ground Surveillance System Featured at NATO Warsaw Summit

Share

WARSAW, Poland, 2016-07-08 21:09 CEST (GLOBE NEWSWIRE) -- Just four years after signing the contract at the 2012 Chicago NATO Summit, the NATO Alliance Ground Surveillance (AGS) system will be presented to heads of state and senior NATO and national officials at the 2016 Warsaw Summit. The AGS operational capability will enable the Alliance to perform extensive surveillance over wide areas and provide actionable information on threats to our collective security to NATO and national officials for timely preparation of diplomatic and military responses.

A video accompanying this release is available at https://youtu.be/reNNm7TgfpU.

The AGS Summit display is the first time the deployable elements of the system have come together. Both air and ground elements have entered into the formal test phase of their development process. The aircraft's flight test program is underway at the Edwards Air Force Test range, California. Preparations are progressing at the AGS Main Operation Base in Sigonella, Sicily to prepare for the arrival of the first of the five aircraft later this year. This capability will become operational in the 2017/2018 timeframe.

"AGS is the first NATO owned-and-operated ground surveillance system, using state-of-the-art sensors and information knowledge management systems," said Col. Pedro Renn, NATO AGS Force Commander. "AGS will be available to all Alliance members and will be a key capability for Alliance strategic anticipation. The NATO AGS Force will support the NATO Joint Intelligence, Surveillance and Reconnaissance initiative, providing indicators and warnings necessary to ensure that NATO continues to project stability, whilst maintaining a position of collective defence and deterrence."

Northrop Grumman's AGS industry team includes Airbus Defence and Space, Leonardo and Kongsberg, as well as leading defense companies from the participating nations. The AGS system is comprised of five air segment remotely piloted aircraft designed and developed by Northrop Grumman as well as mobile and transportable ground stations designed and developed by Airbus and Leonardo.

  • Airbus Defence and Space, a division of Airbus Group is Europe's number one defence and space enterprise, the second largest space business worldwide and among the top ten global defence enterprises. It employs more than 38,000 people and in 2015 generated revenues of over 13 billion euros.
  • Leonardo is Italy's leading manufacturer in the high technology sector and ranks among the top ten global players in aerospace, defence and security. Listed on the Milan Stock Exchange (LDO), in 2015 the company recorded consolidated revenues of 13 billion euros.  Leonardo is a multinational and multicultural group which boasts a significant presence in three key markets: Italy, the United Kingdom and the U.S.
  • KONGSBERG is an international, knowledge-based group delivering high technology systems and solutions to clients within the oil and gas industry, merchant marine, defence and aerospace. The defence portfolio comprises products and systems for command and control, weapons guidance and surveillance, communications solutions and missiles.

"I'm honored that the AGS is being presented by the operational community to the nations' leaders at the Summit," said Brian Chappel, vice president, autonomous systems, Northrop Grumman. "As part of the transatlantic industry team we have had the pleasure to work with for the past four years, Northrop Grumman is truly proud to witness the transition of the system from the development to the operational phase. This success could only have been achieved through the commitment of the entire AGS team partnership – both government and industry - working across cultures, time zones and languages, leveraging national capabilities with the goal of providing the Alliance with this critical capability."

As a fully NATO owned and operated system supported by the 28 Alliance nations, NATO AGS will be a key enabler of NATO's joint intelligence, surveillance and reconnaissance capability. The wide area surveillance Global Hawk unmanned aircraft and the fixed, mobile and transportable ground stations will support a full range of NATO missions, including protection of ground troops and civilian populations, border control and maritime operations, crisis management and humanitarian assistance in natural disasters. The NATO AGS system is also able to ingest sensor data from national systems to continuously detect and track ground moving objects and deliver actionable information to decision makers in minutes.

"We face an extremely complex threat environment," said Andrew Tyler, chief executive, Northrop Grumman Europe. "The NATO AGS programme will help address this and deliver a highly advanced system of systems capability that will provide a truly transatlantic solution for Alliance collective defence, crisis management and cooperative security."

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

         CONTACT: Jessica Burtness
         858-618-6931 (office)
         760-522-3759 (mobile)
         jessica.burtness@ngc.com
         
         Ken Beedle
         +44 (0) 207 747 1910
         +44 (0) 7787 174092
         ken.beedle@euro.ngc.com

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye