Latest news with #DefenseLogisticsAgency
Business Wire
02-07-2025
- Business
- Business Wire
S&K Aerospace Awarded Major Contract Under DLA Maritime Acquisition Advancement Program
ST. IGNATIUS, Mont.--(BUSINESS WIRE)-- S&K Aerospace, LLC has been awarded a significant contract under the Defense Logistics Agency's (DLA) Maritime Acquisition Advancement Program, managed by the U.S. Naval Supply Command - Weapon Systems Support (NAVSUP WSS) in Mechanicsburg, PA. This new opportunity further cements S&K Aerospace's role as a trusted logistics partner supporting the U.S. Navy's operational readiness. 'S&K is proud to announce another significant win, further solidifying our position as a world-class provider of logistics, supply chain, and repair support services for the Department of Defense and the Defense Logistics Agency.' Share S&K Aerospace will serve as one of six prime contractors under this Multiple Award Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The effort supports critical procurement needs for ten integrated Navy weapon systems, including Amphibious, Carrier, Submarine, Cruiser-Destroyer, and more. With performance beginning in May 2025, the contract includes a 5-year base period followed by five 1-year options. With a total contract ceiling of $10 billion, S&K Aerospace will compete alongside six other awardees to secure Task Orders. This award marks the beginning of a long-term engagement with significant potential for growth and expansion. 'S&K is proud to announce another significant win, further solidifying our position as a world-class provider of logistics, supply chain, and repair support services for the Department of Defense and the Defense Logistics Agency,' said Mike Delaney, Vice President of Operations. About S&K Aerospace S&K Aerospace is a subsidiary of S&K Technologies, Inc. and is owned by the Confederated Salish and Kootenai Tribes (CSKT). Contract awards like this provide meaningful economic dividends to CSKT shareholders, supporting programs involving cultural perpetuation, language revitalization, services for elders, and other social investments. For more information, visit:
Yahoo
13-06-2025
- Business
- Yahoo
Why Oklo Stock Rocketed Almost 30% Higher Today
A branch of the U.S. military wants to be in business with the company. This would take the form of a power plant project in Alaska. 10 stocks we like better than Oklo › On news of a fresh contract signing with a branch of the U.S. military, investors piled into the stock of nuclear energy start-up Oklo (NYSE: OKLO) on Wednesday. That surge in interest blasted the stock higher by almost 30%, on a day when the S&P 500 index dipped by 0.3%. Wednesday morning Oklo announced, no doubt with great pleasure, that it had received a notice of intent to award (NOITA) for a project in Alaska. The company was notified by the government's Defense Logistics Agency on behalf of the Air Force and the Department of Defense. The project is for the supply of nuclear power to Eielson Air Force Base in Alaska. The project would see Oklo design, build, and operate an energy-generating facility to supply power and heat to the base. One of the key selling points of the company is that, being nuclear, its power-generating assets can operate off the traditional electricity grid -- an appealing proposition for remote sites like Eielson. This didn't exactly come as a surprise to the company or its investors. Late last year, management divulged that it had been provisionally selected for the Eielson project. In its formative stages, however, the project experienced numerous delays because of protests from other applicants, so this is a major step forward. In its press release touting the deal, co-founder and CEO Jacob DeWitte said it "reflects continued confidence in Oklo's ability to deliver clean and secure energy solutions for mission-critical infrastructure." The company did not specify the financial terms of the arrangement. It's also an important milestone for Oklo, which hasn't yet built any of its nuclear powerhouses. Having a branch of the military as an early client is also a massive confidence builder not only for the company, but for the next-generation nuclear technology that is its specialty. Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,102!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $882,344!* Now, it's worth noting Stock Advisor's total average return is 996% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Oklo Stock Rocketed Almost 30% Higher Today was originally published by The Motley Fool
Yahoo
03-06-2025
- Business
- Yahoo
SupplyCore Awarded 10-Year Maritime Acquisition Advancement Contract
The contract provides critical components to naval platforms, ranging from aircraft carriers and destroyers to submarines and unmanned vessels, supporting requirements for the U.S. Navy Rockford, IL, June 03, 2025 (GLOBE NEWSWIRE) -- SupplyCore, a supply chain integrator and small business defense and government contractor with more than 35 years of experience, has been awarded the Maritime Acquisition Advancement Contract (MAAC) by the Defense Logistics Agency (DLA) Maritime at Mechanicsburg. This 10-year, multiple-award indefinite delivery/indefinite quantity (IDIQ) contract will serve as a critical component of the U.S. Navy's strategy to maintain operational readiness and support its fleet with reliable, high-quality supplies and services. Under the MAAC, SupplyCore will support the U.S. Naval Supply Weapon Systems Support (NAVSUP WSS) and serve numerous naval platforms, from aircraft carriers and destroyers to submarines and unmanned vessels, enabling rapid response to both routine and urgent mission needs. The MAAC includes ten Integrated Weapons Systems Team (IWST) categories: Amphibious Systems, Carrier Operations, Common Electronics, Common Hull Mechanical and Electrical (HM&E), Cruiser-Destroyer (CRUDES), Expeditionary Systems, Level I Special Operations Command (LI/SOC/FBW), Submarine Operations, Submarine Logistics, and Unmanned and Surface Combatants (UM&SC). "We are honored to support the naval warfighter through the MAAC, a contract that underscores our dedication to sustaining the operational readiness of our military,' said Peter Provenzano, SupplyCore President & CEO. 'Our team, with support and collaboration from our strong partnerships with industry-leading OEMs and distributors, will provide customers with the mission-critical items they need." SupplyCore's extensive track record with the Defense Logistics Agency and deep understanding of military needs position the company to deliver swift, reliable, and cost-effective solutions, strengthening its role as a reliable and trusted partner to the Department of Defense. For more information about SupplyCore and the MAAC, visit About SupplyCoreSupplyCore supports the U.S. military, civilian agencies, and allied governments with a wide variety of facility and infrastructure supplies, special operational equipment, end items, heavy equipment, repair parts, and fire and emergency services equipment necessary to support sustainment and maintain readiness. SupplyCore is a Prime Vendor and Program Manager for various contract vehicles through the Defense Logistics Agency (DLA). Additionally, SupplyCore supports several General Services Administration (GSA) schedules and contracts and is a single source solution for Foreign Military Sales and Direct Commercial Sales. For more information about SupplyCore and its 37-year history of supporting the warfighter, visit CONTACT: Nellie Miller SupplyCore 815-972-4726
Yahoo
03-06-2025
- Business
- Yahoo
SupplyCore Awarded 10-Year Maritime Acquisition Advancement Contract
The contract provides critical components to naval platforms, ranging from aircraft carriers and destroyers to submarines and unmanned vessels, supporting requirements for the U.S. Navy Rockford, IL, June 03, 2025 (GLOBE NEWSWIRE) -- SupplyCore, a supply chain integrator and small business defense and government contractor with more than 35 years of experience, has been awarded the Maritime Acquisition Advancement Contract (MAAC) by the Defense Logistics Agency (DLA) Maritime at Mechanicsburg. This 10-year, multiple-award indefinite delivery/indefinite quantity (IDIQ) contract will serve as a critical component of the U.S. Navy's strategy to maintain operational readiness and support its fleet with reliable, high-quality supplies and services. Under the MAAC, SupplyCore will support the U.S. Naval Supply Weapon Systems Support (NAVSUP WSS) and serve numerous naval platforms, from aircraft carriers and destroyers to submarines and unmanned vessels, enabling rapid response to both routine and urgent mission needs. The MAAC includes ten Integrated Weapons Systems Team (IWST) categories: Amphibious Systems, Carrier Operations, Common Electronics, Common Hull Mechanical and Electrical (HM&E), Cruiser-Destroyer (CRUDES), Expeditionary Systems, Level I Special Operations Command (LI/SOC/FBW), Submarine Operations, Submarine Logistics, and Unmanned and Surface Combatants (UM&SC). "We are honored to support the naval warfighter through the MAAC, a contract that underscores our dedication to sustaining the operational readiness of our military,' said Peter Provenzano, SupplyCore President & CEO. 'Our team, with support and collaboration from our strong partnerships with industry-leading OEMs and distributors, will provide customers with the mission-critical items they need." SupplyCore's extensive track record with the Defense Logistics Agency and deep understanding of military needs position the company to deliver swift, reliable, and cost-effective solutions, strengthening its role as a reliable and trusted partner to the Department of Defense. For more information about SupplyCore and the MAAC, visit About SupplyCoreSupplyCore supports the U.S. military, civilian agencies, and allied governments with a wide variety of facility and infrastructure supplies, special operational equipment, end items, heavy equipment, repair parts, and fire and emergency services equipment necessary to support sustainment and maintain readiness. SupplyCore is a Prime Vendor and Program Manager for various contract vehicles through the Defense Logistics Agency (DLA). Additionally, SupplyCore supports several General Services Administration (GSA) schedules and contracts and is a single source solution for Foreign Military Sales and Direct Commercial Sales. For more information about SupplyCore and its 37-year history of supporting the warfighter, visit CONTACT: Nellie Miller SupplyCore 815-972-4726 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hill
10-05-2025
- The Hill
What's in your router? Compromised hardware threatens our national security.
Threats to national security are constantly changing. While cyberattacks and AI weaknesses often make the news, another hidden danger is compromised computer and network hardware. Bad actors may tamper with the equipment that runs U.S. defense and essential services. Most cybersecurity efforts focus on fixing software problems, but a serious threat lies in the hardware itself. Countries like Russia, China and Iran might carry out long-term 'subtle sabotage' plans by adding hidden weaknesses into key parts like computer boards, microchips and network devices. These hidden changes can stay inactive for years, avoiding regular security checks until they are turned on to cause significant disruptions. This secret risk shows that our hardware can be a weak spot that enemies use whenever they choose. Last fall's Israeli pager attack shows how dangerous this can be. In that case, explosive devices secretly placed by Israel resulted in the deaths and injuries of thousands of Hezbollah terrorists. This event shows how hidden, compromised hardware can be activated remotely to cause massive damage when a determined enemy uses it. The way global supply chains work makes this threat possible. The manufacture of computer chips and boards involves many suppliers worldwide, a complex distribution process, and ongoing maintenance. Every step offers a chance for bad actors to introduce compromised hardware. Enemies can take advantage of many points along the supply chain. Small changes made during design or chip production can hide dangerous flaws. These changes might be further hidden when parts are assembled and tested. As products pass through many hands and locations, it becomes increasingly difficult to check whether they are genuine and safe. This complex process allows fake or tampered hardware to sneak into systems — a 'ticking time bomb' waiting to go off. Fake and unauthorized parts have been found in sensitive systems: Fraudulent electronics sold to the Defense Logistics Agency, for example, were meant for a nuclear submarine and a missile system. Counterfeit Cisco gear was discovered in equipment for F-18s, F- 22s, Apache helicopters and B-52 bombers. These cases reveal a clear risk — if these were found, many more unsafe parts might be hidden in critical systems. The heart of this threat is the deliberate tampering with hardware components using advanced techniques. Bad actors can add hidden circuits, often called 'hardware trojans,' during the design or manufacturing stages, letting them stay hidden until activated to cause a breakdown. Counterfeit microchips that look normal but carry secret backdoors or weakened circuits are equally worrying. And harmful code can be placed in the device's firmware, remaining unseen until it is turned on remotely. All these tricks are designed to pass regular tests and checks, keeping the dangerous features hidden until they are deliberately exploited. Compromised hardware is very dangerous because it stays inactive until remote signals, timers or environmental changes deliberately turn it on. This hidden power can be used to disrupt key systems — to make missiles fail, to change controls in aircraft and submarines, to mess with data flows, and to upset satellites and GPS. Computer networks and data centers are also at risk of attack, which can lead to widespread failures across connected systems. Moreover, these issues break the trust in global supply chains and may create long-term instability in our security. Basically, dealing with compromised hardware forces expensive changes and makes us worry. The fight against this threat requires a strong, multi-layered plan. First, we must secure our supply chain by carefully checking suppliers, tracing every part from start to finish and using trusted manufacturing programs. Better testing methods — such as non-invasive imaging and side-channel analysis — and ongoing checks can ensure every component is safe before it is used. It is also essential for the government and private companies to work together, share information and develop new technology while cooperating with other countries. New rules are needed to enforce strict standards for buying hardware and to support local manufacturing. Finally, we must prepare by setting up dedicated response teams and building strong backup systems to lessen future problems. Compromised hardware is a serious and ever-growing threat to our national security. Its ability to hide in important systems puts us at great risk, and every moment we wait makes the danger worse. We must recognize the full extent of this threat and act now. By taking strong, proactive steps, we can only protect our essential systems and build a defense ready for relentless and smart attacks. Roei Ganzarski is the CEO of Alitheon, an optical-AI technology company focused on ensuring and securing supply chains.
