Latest news with #DeMarco
Yahoo
07-05-2025
- Business
- Yahoo
Kratos to Webcast Annual Shareholders Meeting Featuring CEO Business-Wide Update
Kratos Defense & Security Solutions, Inc. SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced it will webcast a special presentation from President and CEO Eric DeMarco as part of its 2025 Annual Meeting of Shareholders. The webcast will be open to the public and will take place on Wednesday, May 14, 2025, at 9:00 a.m. PDT. During the webcast, Mr. DeMarco will provide a comprehensive business-wide update covering Kratos' strategic priorities, operational highlights, technology initiatives, and market outlook across all divisions. The presentation will also highlight the company's progress in hypersonic systems, unmanned platforms, propulsion, space-based capabilities, and dual-use technologies. Shareholders who have logged into the meeting with their 16-digit Control Number will have the opportunity to submit questions relevant to the matters properly addressed during the meeting after the formal business of the meeting has been conducted. Instructions for submitting questions will be provided to shareholders once logged into the meeting. The Annual Meeting is open to shareholders of record as of March 17, 2025 (Record Date) and/or their designated representatives. Interested persons who were not shareholders as of the close of business on the Record Date may view, but not participate in, the Annual Meeting at Webcast Details: Date: Wednesday, May 14, 2025 Time: 9:00 a.m. PDT Registration Link: Open to: All interested parties About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers' mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos' approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos' comfort level. Kratos' primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit
Black America Web
05-05-2025
- Black America Web
Sacramento White Supremacist Sentenced To Life With No Parole For Killing Black Man In Drive-By Shooting
Black America Web Featured Video CLOSE Source: JasonDoiy / Getty A white supremacist in Sacramento, California, has been given the maximum sentence for killing a Black man in a drive-by shooting last June for no discernible reason outside of the victim's race. According to the Sacramento Bee, 48-year-old Joseph Paul DeMarco, who was found guilty in February of the murder of 38-year-old James Roseman in a 7-Eleven parking lot, was given a sentence of life without the possibility of parole by Sacramento Superior Court Judge Maryanne G. Gilliard. During the sentencing hearing, which took place Friday afternoon, Gilliard reportedly gave DeMarco four separate opportunities to speak and show contrition for the hateful and senseless killing of Roseman. DeMarco not only refused to apologize each time, but on the fourth opportunity, he spoke up only to proclaim, 'I'm not guilty, ma'am,' to which the judge responded by reminding him that the evidence against him in the trial was 'overwhelming.' 'Mr. DeMarco, you took somebody from our community who was loved. You heard what his family said, they loved James. You didn't even know him,' Gilliard said. 'The fact of the matter is the jury of your peers found you guilty, and they were right.' Several members of Roseman's family had spoken to the court before sentencing, including his eldest sister, Latrina Davis. 'You couldn't see past the color of his beautiful Black skin,' Davis said. 'I think about his last breath every single day. I imagine him fighting for his life after watching the video of him standing up after being shot, trying to survive, only to fall again alone on the cold ground.' Davis said her brother, a father of three daughters, was fixing a light on his car when he was shot by DeMarco, whose conviction included a special circumstance enhancement for intentionally killing Roseman because of his race. In other words, a hate crime. 'You are the reason why our world will never be the same. You are the reason why my parents cry when they think no one is watching,' Davis told DeMarco. 'You are the reason we sit in silence, feeling the weight of what's missing.' So, why Roseman? Besides the fact that he was a Black man, what was DeMarco's motivation for shooting and killing him specifically? Well, according to prosecutors, the killing carried a motive that is as ole as white supremacy in America itself: a Black person was accused of a crime, and a white man decided someone needed to pay, and any old Black person will do. In fact, Roseman was reportedly not the only victim. From the Sacramento Bee: Deputy District Attorney Matthew Moore, who prosecuted DeMarco, said the defendant is a white supremacist who was angry over an armed robbery that he claimed was committed by a Black person and went 'hunting' one night looking to shoot any Black person he encountered. There was another man who was shot earlier that night nearby. The prosecutor said the other Black man wounded by gunfire survived because the bullet didn't hit a vital organ. He said the surviving victim had never met or interacted with DeMarco either. 'I think that really strikes at what is so tragic about this case is that this was completely senseless,' Moore said while asking the judge for the maximum prison sentence. 'James had not done anything to him.' According to the Sacramento County Sheriff's Office, the shooting was reported shortly before 12:30 a.m. on June 9 after people heard gunfire outside of the 7-Eleven in the 1300 block of Fulton Avenue at Hurley Way. Deputies arrived at the scene and found Roseman wounded on the ground. He was pronounced dead at the hospital shortly after. DeMarco not only used his .22 caliber pistol to kill Roseman, but he also fired it at others from inside his vehicle with the intent to kill. Thankfully, this monster has been taken off the streets for good. We wish Roseman's family peace and healing. SEE ALSO: Bill Cosby Forced To Sell His $7M NYC Mansion After Foreclosure Trouble Black Woman Sues Nashville Cops Who Falsely Detained Her After She Was Nearly Hit By Truck SEE ALSO Sacramento White Supremacist Sentenced To Life With No Parole For Killing Black Man In Drive-By Shooting was originally published on
Yahoo
16-04-2025
- Business
- Yahoo
GOLDSTEIN: Liberal spending on climate change has been a $200-billion disaster
Given that the federal Liberal government has earmarked more than $200 billion of taxpayers' money to fight climate change, how effective has all that spending been? The answer is that it has been a financial disaster for Canadians when one considers the primary purpose of the spending, which is to lower Canada's annual output of industrial greenhouse gas emissions. We'll never get to the bottom of what happened if Mark Carney and the Liberals win the April 28 election because nothing short of a forensic audit will ever get to the truth. To cite just one example of what's been going on, an investigation last year by auditor general Karen Hogan of the now-disbanded, $1-billion Sustainable Development Technology Fund, which audited just a sampling of the projects it funded, found 90 cases where conflict-of-interest rules were not followed in awarding $76 million worth of government contracts and 10 cases where $56 million was awarded to ineligible projects. A report by federal environment commissioner Jerry DeMarco following an audit of the Liberals' Net Zero Emissions Accountability Act last year concluded the government's lack of transparency made it impossible for the average citizen to understand, much less believe, its claim it will reduce Canada's emissions by 40% to 45% below 2005 levels by 2030, ostensibly the way to net zero by 2050. The government said the 149 measures contained in its strategy administered by 13 different government departments will achieve a 36.2% reduction in emissions compared to 2005 levels by 2030, close to the minimum target of 40%. But that's nonsense based on DeMarco's finding that to achieve the 40% minimum target will require massive decreases in annual emissions in the next five years which would cripple Canada's economy and which the Liberal government has come nowhere close to achieving in the past decade. As of 2023, the latest year for which government data are available, Canada's emissions were 8.5% below 2005 levels. That means the Liberal government has achieved just 21.25% of its minimum target after eight years in power (2015 to 2023) and must achieve the remaining 78.75% in the seven years between 2023 and 2030. Canada's emissions in 2005 were 759 million tonnes (Mt), meaning the Liberals' target for 2030 is 455 Mt annually. To meet that, Canada would have to cut current emissions — 694 Mt annually, based on the latest government data — by 239 Mt in 2030. That's the equivalent of eliminating all annual emissions from Canada's transportation sector (157 Mt) and buildings sector (83 Mt) in seven years. To reach the government's interim target of reducing emissions to 20% below 2005 levels in 2026 would require an emission cut of 87 Mt by next year, more than all emissions from Canada's heavy industry sector in 2023 (78.3 Mt). When DeMarco's auditors examined 20 of the government's 149 measures to reduce emissions, they found only nine were on track to achieve their goals. Of 32 additional measures the government claimed would help boost reductions from 36.2% to at least 40% in 2030, only seven were new. The audit found cases where two different government programs were funding the same projects and reporting the same expected emission reductions, raising the possibility of double-counting. DeMarco said Canada was the worst performer at lowering emissions among the G7 nations, including the U.S., which, unlike Canada, has never imposed a national carbon tax and has reduced emissions at almost double the rate of Canada.
Yahoo
12-04-2025
- Business
- Yahoo
RACC and Yocum Institute benefactor James H. Yocum leaves lasting legacy
When Susan Rohn first saw the dilapidated former factory, now home to the Yocum Institute for Arts Education, she wasn't sure what to think. The institute needed a building with more space and room for expansion, and Rohn, executive director of the institute, had gone with James H. Yocum, then president of the board and a longtime benefactor, to check out the building at 3000 Penn Ave. in Spring Township. Seeing the broken windowpanes and holes in the ceilings, Rohn seriously doubted the neglected building was a good fit. She was surprised when Yocum turned to her and said: 'This is perfect. This is exactly what you need.' It was classic Jim, Rohn said. He had a gift for seeing beyond what was, to what could be. James Yocum Yocum died April 8 at the age of 98. The Reading native, Korean War veteran and Harvard-educated businessman was a passionate philanthropist whose legacy lives on at the arts institute that bears his name and Reading Area Community College. Both institutions were transformed by his generosity. As a longtime trustee of RACC, Yocum played an instrumental role in shaping the college and its future. His leadership included serving as vice chairman from 1996 to 1998 and again from 2000 to 2002, as well as chairman from 1998 to 2000 and again from 2002 to 2004. Titles don't begin to capture the breadth of his impact, said Anthony DeMarco, vice president for college advancement and executive director of the Foundation for RACC and Miller Center. 'Jim was much more than a philanthropist and leader,' DeMarco said. 'He was a friend to faculty, staff and students. We all revered him. His joyous, positive nature lifted the spirits of all around him.' Yocum created the foundation — the philanthropic arm of the college — and served as its first chairman. Thanks to his vision and tireless dedication, DeMarco said, the foundation now holds over $32 million in assets, making it one of the most successful among community colleges in Pennsylvania. Yocum also established and endowed 25 scholarships, believed to be the most created by an individual at a Pennsylvania college. 'Hundreds of RACC students have benefitted from Jim's generosity,' DeMarco said, 'and hundreds of Yocum Scholars will earn college degrees for generations.' Yocum also made a major gift that allowed the college to build its Yocum Library, which serves as the academic heart of the college. In honor of his extraordinary service, DeMarco said, the college renamed its highest recognition for former trustees to the James H. Yocum Trustee Emeritus Award. Fittingly, he said, Yocum was the first recipient. Yocum's legacy at the Yocum Institute, formerly the Wyomissing Institute of Fine Arts, is equally profound. As a longtime board member and past president, Yocum supported the institute for decades, helping it grow into a vital center for creative learning and performance. In 2009, the institute was renamed in his honor. When the organization outgrew its former space, Yocum not only scouted the current location in Spring Township, he also provided the financial support and leadership to make the transition possible, Rohn said. Today, the Yocum Institute serves as a hub of arts education for students of all ages and backgrounds. Its ADA-compliant facilities include a black-box theater, art gallery, six dance studios, music wing and a secure arts-based kindergarten and preschool. Rohn said there are many stories about Yocum, who often approached life with the joy and wonder of a child. He was known for the colorful and often flamboyant suits and vests he wore to the institute's exhibit openings and performances. 'There are no bad cookies,' he'd quip, happily munching at opening receptions, she remembers. As for his favorite artists, Rohn noted, these were the students of the institute's preschool and kindergarten. 'He was a character, and everyone loved him,' said Rohn. 'He was so good to everyone. He was a treasure.' Yocum was predeceased by his parents, George Lehman Yocum and Helen (Jost) Yocum, and a brother, George Yocum. A Mass of Christian burial will be held April 15 at 11 a.m. at St. Margaret Catholic Church, 925 Centre Ave. Friends and associates will be received from 9:30 to 11 a.m. prior to Mass. Burial will be in Charles Evans Cemetery, Reading. A celebration of life for James H. Yocum will be held at the Yocum Institute May 9 from 4:30-6:30 p.m. Memorials may be made in his memory to the Yocum Institute for Arts Education, 3000 Penn Ave., Reading PA 19609 or the Foundation for RACC to support the James H. Yocum Scholarship Fund, Foundation for RACC, 10 S. Second St., Box 1706, Reading PA. 19603.
Yahoo
25-03-2025
- Yahoo
Unadilla sex offender accused of recording child changing their clothes
TOWN OF UNADILLA, N.Y. (WIVT/WBGH) – A registered sex offender was taken into custody on Monday for additional sex crimes against a juvenile victim. The Otsego County Sheriff's Office announced the arrest of Christopher DeMarco, 42, of Unadilla following an investigation into a report of a New York State registered Sex Offender unlawfully recording a juvenile victim while the victim was changing in a private room. During an investigation, it was revealed that while the victim was in process of changing their clothes, DeMarco allegedly used a cell phone to covertly record the victim. DeMarco is a level II sex offender. During the investigation, it was also revealed that DeMarco was allegedly in possession of four internet accounts not registered on the New York State Sex Offender Registry. DeMarco was additionally found to have been convicted of Unlawful Surveillance in the second degree within the past ten years. On March 24, following the execution of a search warrant at his residence, DeMarco was arrested and charged with Unlawful Surveillance in the First Degree, Unlawful Surveillance in the Second Degree, four counts of Sex Offender Failure to Notify Change of Address, and Endangering the Welfare of a Child. DeMarco was processed and remanded to the Otsego County Jail to await arraignment. An order of protection was requested on behalf of the victim. The Otsego County District Attorney's Office was consulted and recommended that DeMarco be held without bail due to having two or more felony convictions. Unadilla sex offender accused of recording child changing their clothes One person dead from Cortland County fire Live updates: Washington faces war plans Signal chat fallout STAP's Women's Health Fair in Binghamton Binghamton boys' basketball state championship recap Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
