Latest news with #Sheehan
Yahoo
2 days ago
- Business
- Yahoo
Johnstown companies awarded $256 million in military defense contracts
JOHNSTOWN, Pa. (WTAJ) — Three Johnstown manufacturing companies were awarded contracts from multiple military defense and commercial companies. JWF Industries, Enterprise Ventures Corporation and Concurrent Technologies Corporation were given multiple contracts for manufacturing projects and advancements in military technology for nearly all branches of the military, resulting in $256 million. JWF accounted for $166 million while Enterprise Ventures and Concurrent Technologies footed the additional $90 million to the area. 'It allows us to take solutions that we developed for one branch, and we're able to share that with other branches to help them become more cost-effective and efficient,' President and CEO of Concurrent Technologies Ed Sheehan Jr. said. Johnstown students preview drone emergency service program The announcement was made during a press conference on the third day of the Showcase for Commerce in Johnstown. Bred as a steel and coal town in the years prior, officials now see a chance to evolve. 'We're no longer dependent on two major industries like coal and steel,' Sheehan said. 'We depend on manufacturing capability, advanced manufacturing processes. We also count on financial institutions. Our health care industry is the largest employer in the region, but we also have universities and colleges. We also have a lot of other businesses that help the overall health of our economy. And so I think we're in a much better position today than we were 50 years ago.' 'There's a lot of veterans working in these companies, and those values are all there,' Linda Thomson, the president of JARI, said. 'So, it just makes sense that we are such a strong player in this marketplace.' The contracts rolling in will not only add money to the area but opportunities for growth. Officials mentioned more jobs in the area, helping boost the economy and revitalize the area. 'It completely means retention of great talent,' Thomson said. 'How that we don't lose talent that's already here, and that we can attract additional talent to the region.' 'We're part of an ecosystem here in the region that allows other defense companies to continue to grow and benefit from the success that we heard today,' Sheehan said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
3 days ago
- Business
- Yahoo
Dodgers pitchers make big moves toward injury returns
The post Dodgers pitchers make big moves toward injury returns appeared first on ClutchPoints. The Los Angeles Dodgers are one of the best teams in Major League Baseball. Despite dealing with injuries to his pitching staff throughout the season, Dave Roberts has his team near the top of the standings. However, the team is still waiting to be at full strength in 2025, making a move to add a new reliever to Roberts' bullpen. Los Angeles fans got some good news on Thursday though, with two starters heading to their minor league team. Advertisement Both Edgardo Henriquez and Emmet Sheehan are heading over to the Oklahoma City Comets, the Triple-A affiliate of the Dodgers, according to Alex Freedman, who covers the team. Henriquez suffered a fracture in his left foot during spring training while Sheehan is on his way back from Tommy John surgery. While both pitchers are talented, it is likely that they will remain in the minor leagues in 2025. In the short term, Los Angeles hopes that Henriquez and Sheehan can put up good outings with the Comets. Roberts is in need of as many options as possible when it comes to his pitching. If either starter puts up good numbers, they could find their way to the major leagues. For now, the Dodgers' focus is on their upcoming series against the New York Yankees. The series is the first of the season between the teams that fought for the World Series last year. After losing in embarrassing fashion, the Yankees will enter the series with something to prove. The series against New York doesn't mean as much to Los Angeles as it does for their opponent. However, a good showing goes a long way when it comes to building momentum. Their next six games are against both teams from New York. Henriquez and Sheehan joined the Comets on Thursday and have rehab starts awaiting them. For a team that needs all the pitching they can get, the news is a great sign for Roberts' team.
The Irish Sun
4 days ago
- Sport
- The Irish Sun
Munster star ‘surprised' to overcome Leinster rivals to be named Irish rugby men's player's player of the year
TADHG Beirne was recognised by his fellow players as the OCC Consulting Men's XVs Players' Player of the Year 2025. He was up against clubmate Tom Farrell as well as provincial rivals Jamison Gibson-Park and Caelan Doris to win the award. 2 There were plenty of options for the award from the triple crown winning team 2 Tadhg Beirne was deservedly voted the winner The Munster second-row commented 'I'm honoured to be named as the OCC Consulting Men's Players' Player of the Year. "It comes as quite a surprise given that Caelan, Tom and Jamison have all had brilliant seasons. "To be chosen by my fellow Rugby Players Ireland members makes this award even more meaningful, and I really appreciate their support and acknowledgement.' Beirne was a stalwart in the Irish team and a crucial part to the Read more on Rugby The lock played all but 10 minutes of the campaign scoring a crucial try against Tom Farrell was an unexpected addition to the nominations list, having not been selected for Simon Easterby's side this season. The centre had an impressive debut season with Munster, starting in all their Champions Cup and URC games and scoring 10 tries, including a hat-trick It came as no surprise that Ireland out-half Sam Prendergast was named as the Nevin Spence Men's XVs Young Player of the Year. Most read in Rugby Union The 2022 winner of the award and also brother of Sam, Cian Prendergast presented the award to his younger brother. Dan Sheehan came away with the MSL Mercedes-Benz Ballsbridge Men's XVs Try of the Year for his unbelievable effort off the bench against England. 'Jack Crowley he's coming for you' jokes Peter O'Mahony's wife Jess as son practices his rugby skills The try which saw Sheehan start, continue and finish the move started with a line break pass to Jack Conan which then led to Sheehan again picking out James Lowe with a long pass before receiving the ball back off Lowe, fighting off two players and getting to the line. There was more good news for Leinster as Aoife Dalton won OCC Consulting Women's XVs Players' Player of the Year, Erin King was named Energia Women's XVs Young Player of the Yearand Anna McGann was the winner of the AIB Corporate Banking Women's XVs Try of the Year Upon collecting the award Aoife Dalton said 'It's a very exciting time to be involved with this group of players. "To be recognised by them at such a crucial time for this team is hard to put into words. "When I first came into camp, I could sense that something was beginning to build and I think we have started to see the fruits of that over recent months both collectively and individually, through the performances of my fellow nominees Amee-Leigh, Niamh and Dorothy.' Dylan O'Grady who was named as the possibly last ever TritonLake Men's 7s Players' Player of the Year and Lucinda Kinghan was named the TritonLake Women's 7s Players' Player of the Year. Rugby Players Ireland Executive Board Member and Ulster lock Iain Henderson said: 'While this season has brought its share of challenges both on and off the field, it's also been a year marked by plenty of individual standout achievements across the game. It's important that we celebrate them and use this as an opportunity to look ahead with real optimism. There's still work to do, but through the support of Rugby Players Ireland, the steps being taken show a collective commitment to moving the game forward.'
Time of India
5 days ago
- Entertainment
- Time of India
Exclusive: Wagle Ki Duniya actor Sheehan Kapahi shares his summer vacation plans; says ‘My mom has made it very clear that it's time to focus on studies'
While most teenagers are packing their bags for a summer getaway or lounging through their school break, 14-year-old Wagle Ki Duniya actor Sheehan Kapahi is navigating a different path—one that balances board exam prep with shooting for a beloved television show. In an exclusive conversation with Times of India TV, Sheehan opened up about his summer plans, academic pressure, and the bittersweet joys of growing up in front of the camera. For Sheehan, this summer looks quite different from the typical break. 'I had earlier planned a trip to my hometown,' he shared, 'but later my summer plans shifted. Instead of travelling, my mom has made it very clear that it's time to buckle down and focus on studies, especially since I'm in 10th grade and board exams are coming up!' While vacations may be off the table, Sheehan remains upbeat. 'Alongside that, I've been shooting for Wagle Ki Duniya, which keeps me busy. It's hectic, yes. But I'm doing something I love, so I feel lucky.' Balancing academics with acting is no easy task, especially for a student entering the crucial board exam year. Sheehan explained how he manages the tightrope walk. 'Honestly, it takes a lot of coordination and a lot of patience! I think I've become our EP's biggest troublemaker on set (in a good way). I'm always asking if there's a gap in the shoot schedule so I can study, or requesting scenes to be moved around to make time for tuitions. ' He adds with gratitude, 'The entire team is really supportive. They make sure I get enough time for my academics, which helps me manage both without too much stress.' Despite the support, there are moments when Sheehan feels the sting of missing a 'normal' summer. 'My friends are out visiting their grandparents, playing cricket, or just hanging out, and I sometimes wish I could join them,' he admitted. 'But then I remind myself how special this opportunity is. Not every 14-year-old gets to be part of a show like Wagle Ki Duniya, which is so loved and meaningful.' When it comes to unwinding, Sheehan knows how to make the most of his limited free time. 'If I'm too tired to step out, we set up an online gaming session, that way we can still hang out virtually. On days when I just want to unwind, I love sitting down with my parents to watch a movie at home.' More than just a job, Wagle Ki Duniya has become a learning ground for Sheehan. 'Being part of this show has been an education in itself. It's taught me discipline, time management, and how to handle responsibility at a young age,' he said. 'Sometimes I learn from the scripts, and sometimes just by watching and talking to the amazing people around me.' As he juggles school, work, and personal growth, one thing's clear—Sheehan Kapahi is not just acting in a family drama; he's living one, full of lessons, laughter, and dreams.
Irish Examiner
5 days ago
- Business
- Irish Examiner
Positive outlook for Irish M&A despite global headwinds
Deal completions in the first quarter of 2025 are up by 39% on the same time last year, building on the resilience seen during 2024. Last year saw deal volume edge out 2023 by 1% and exceed broader European trends. This strong start points to the continued attractiveness of Ireland as an investment location, characterised by strong private equity activity, international appeal and a market that is abundant with family and owner-managed businesses. Deloitte's Aine Sheehan, an M&A Director based in Cork, explains that there are plenty of reasons to be optimistic when you look at the tailwinds driving M&A activity in Ireland. A well-received national budget, combined with strategic government investments in infrastructure, innovation, and talent development, has fostered a stable and dynamic environment for deal-making. International acquirers increasingly view Ireland as a strategic gateway to both the EU and UK, while private equity (PE) thrives on favorable market conditions. Analysts are expecting a surge in M&A deals in Q2 of 2025 as investor become more confident with current market challenges. However, the rapidly evolving geopolitical landscape continues to be a challenge. 'The recent shifts in international trade have caused some uncertainty and this is definitely trickling down to M&A. Deal makers are adjusting their investment priorities and carefully considering timing for making acquisitions and going to market. "That said, we have seen a shift in sentiment towards tariffs over the past few weeks, evolving from initial knee-jerk reactions to a more measured acceptance of the uncertainty. Business leaders are focusing on controlling what can be controlled and striving to become more resilient.' The impact of this global uncertainty will likely be seen in Q2, with a more cautious approach to deal making and sectors that are more exposed to tariffs experiencing a more measured pace of M&A. 'We are also seeing the ability to finance deals becoming more challenging, with financial institutions adopting a conservative approach to lending, particularly where potential tariff exposures could impact profitability and subsequently cash flows,' said Sheehan. 'However, we do expect M&A activity to tick up and remain robust across resilient markets and high-growth sectors, fueled by positive macroeconomic conditions and rising investor confidence.' Private Equity continues to drive M&A activity Direct PE investments and PE-backed trade deals played a significant role in driving M&A activity in Ireland in 2024 and across the first quarter of this year. Technology, media and communications (TMT) continues to be the lead sector in Ireland's M&A market. In 2024, three of the five largest deals in Ireland were in the TMT sector, comprising 22% of 2024 overall deal volume. There has also been a notable surge in energy and resources, principally in the area of renewable energy, and driven by investment in sustainable and clean energy projects. 2024 saw some high-profile international deals in the sector, reflecting Ireland's position as an attractive location for green energy generating assets. Sheehan notes that, while volume is increasing, deal processes are becoming increasingly complex and protracted, with a significant expansion in the number of participants involved in the due diligence process, as well as the scope and scale of data analysed. In addition to the traditional financial and tax diligence, potential buyers are increasingly also conducting diligence on technology, operations, ESG, and HR. 'Buyers will be keen to understand a target company's exposure to tariff-impacted activities and markets. Key areas to focus on in due diligence would include supply chain exposure, financial exposure to tariffs (including how EBITDA margins or revenue streams may be affected), commercial contract reviews and regulatory reviews to ensure compliance with Revenue, customs and/or trade legislation,' she explained. 'We see time as being one of the biggest risks in a deal. As such, being well prepared in advance of an M&A transaction is fundamental to keeping momentum and ensuring a streamlined due diligence process with no surprises!' Focus turns to building value Alongside increasing due diligence, there is also a rising focus on value creation across the M&A lifecycle. While traditional financial metrics remain crucial, Derek Murphy, Managing Director of Value Creation Services at Deloitte, highlights that today's environment demands a deeper focus on a target's operations and synergy assessments to achieve sustainable value creation. 'In today's dynamic world of M&A, unlocking a deal's true potential requires a thorough understanding of the fundamental drivers of performance,' he says. 'Creating value is the ultimate goal of any M&A transaction. However, this endeavour is often challenging, with success hinging significantly on the ability to effectively integrate and avoid value erosion and dyssynergies, such as customer churn, inflated costs, and inefficient working capital cycles.' Murphy adds that to achieve cost resilience and optimise working capital, companies are increasingly focusing on process simplification, reshaping operating models, enhancing overall organisational efficiency, and leveraging technological infrastructure and automation. 'This proactive approach is equally important for sellers aiming to maximise value upon exit. Businesses should focus on sustainable cost and working capital optimisation well in advance of a proposed transaction to sustainably maximise profitability and cash. By strategically managing these elements, companies can ensure maximum value and a smoother integration process to unlock the full potential of the deal.' Looking to the year ahead, Sheehan believes that the ability to be agile will be increasingly important as leaders seek to navigate and gain competitive advantage in the 'new normal' of market volatility. 'As history has told us, uncertainly is part of deal making. Key considerations and disruptions – economic, fiscal, technological and geopolitical – are now increasingly embedded into deals. M&A leaders and business owners need to be adaptable and agile in responding to challenges. These are no longer just a nice-to-have skills, they're becoming core competencies. While challenges exist, so too do opportunities.' For more information, visit
