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UK on way to flying first home-designed fighter jet in four decades
UK on way to flying first home-designed fighter jet in four decades

Daily Record

time4 days ago

  • Business
  • Daily Record

UK on way to flying first home-designed fighter jet in four decades

MoD has released image of stealth combat aircraft demonstrator The UK has hit a significant landmark in a next-generation stealth combat aircraft project, with the Ministry of Defence (MoD) revealing designs for its first domestically-developed crewed supersonic combat demonstrator in over four decades. ‌ A joint venture between BAE Systems, Rolls-Royce, MBDA UK and the MoD, the jet is anticipated to take to the skies within the next three years as t wo-thirds of its structural weight is now in the production phase. ‌ The main body, wings and tail fins of the aircraft are currently being assembled using state-of-the-art digital and robotic manufacturing at sites in Lancashire. The design aims to test a broad spectrum of technologies such as stealth-compatible features and cutting-edge flight controls. ‌ Test pilots have already logged over 300 hours in a high-fidelity simulator built specifically for the demonstrator, while engineers continue to utilise simulated flight trials to evaluate performance, test control systems, and collect flight data ahead of the inaugural takeoff. The demonstrator forms part of the UK's contribution to the Global Combat Air Programme (GCAP), a collaboration with Japan and Italy that seeks to deliver a sixth-generation fighter aircraft by the mid-2030s, reports the Express. It is considered crucial for mitigating risks in future aircraft development, ensuring Britain maintains its leading position in aerospace advancement. ‌ Tony Godbold, the Future Combat Air Systems Delivery Director at BAE Systems, remarked: "This significant and challenging project will deliver the UK's first crewed combat demonstrator aircraft in four decades. "As well as developing a unique aircraft, we're building the technical foundations, workforce readiness and digital maturity essential to deliver the next generation of combat air capability." The initiative also aims to slash the time and cost of constructing future military jets through various methods including model-based systems engineering, alongside 3D printing, cobotics, and immersive simulation. ‌ Since its inception in 2018, the project has seen contributions from over 1,000 apprentices and graduates, more than 600 suppliers, 91 small and medium-sized enterprises, and 26 academic institutions. The demonstrator represents the UK's inaugural manned supersonic combat air venture since the Experimental Aircraft Programme (EAP), which was instrumental in the development of the Eurofighter Typhoon and first flew in 1986. "I am delighted that today, BAE Systems and the Ministry of Defence can share this important update," expressed Richard Berthon, Director Future Combat Air at the MoD. "For the first time, people can see how this cutting-edge demonstrator aircraft will look when it takes to the skies. "The Combat Air Flying Demonstrator is providing invaluable lessons on future combat air delivery and equipping our people with the skills they will need to deliver GCAP."

The workplace needs to step up on mental health to match national efforts
The workplace needs to step up on mental health to match national efforts

Straits Times

time6 days ago

  • Health
  • Straits Times

The workplace needs to step up on mental health to match national efforts

Caring for employee wellbeing isn't just about maintaining productivity; it is every employer's responsibility, says the writer. For shift-based employees at McDonald's Singapore, accessing face-to-face mental health support was challenging. The irregular working hours made it hard for staff to arrange counseling or therapy sessions. In response, the fast-food company introduced resources such as five-minute self-care programmes, 30-minute online coaching and counselling sessions and a 24/7 Employee Assistance Programme (EAP) helpline. This made it easier for workers to prioritise their well-being and access support when they needed it most. Among those who enrolled, 99 per cent engaged with the self-care sessions – comprising self-guided programmes that develop skills and support well-being – reflecting strong demand when support is both relevant and accessible.

Teladoc to launch employee assistance program
Teladoc to launch employee assistance program

Yahoo

time6 days ago

  • Health
  • Yahoo

Teladoc to launch employee assistance program

This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Dive Brief: Teladoc Health is launching an employee assistance program as the virtual care giant looks to boost its mental healthcare offerings. The program, called Wellbound, includes online therapy through its direct-to-consumer mental healthcare unit BetterHelp, as well as additional psychiatry and medication management services provided through Teladoc, the telehealth vendor said Tuesday. The EAP will also be able to connect users to Teladoc's other services, like primary care and chronic condition management programs. Dive Insight: EAPs, which provide short-term counseling and services for workers managing mental health or personal problems, are a common benefit offered by mid-sized and large employers. However, EAPs often go underutilized, even though employees say they want a range of mental healthcare benefits. More than 80% of workers who know they have an EAP available to them have never used it, according to a survey published last year by Gallup. Stigma surrounding mental health conditions may prevent some from accessing care, while others may be stymied by a busy schedule or other commitments, experts say. Additionally, many workers aren't aware of their options. One poll published early this year found only about half of employees knew how to access mental health benefits, and more than one-quarter didn't know if their employer offered mental health benefits, an EAP, flexible work arrangements or sick days for mental health concerns. Wellbound, Teladoc's first EAP, wants to help address challenges with the programs that employers and health plans have reported to the telehealth vendor, Matthew Sopcich, SVP of mental health solutions at Teladoc, said in a statement to Healthcare Dive. Employees sometimes face a fragmented benefits experience, and they aren't sure where to go when they run of out allotted therapy sessions or when they have different needs, Teladoc said. To that end, the company's offering include navigation support, as well as access to other resources like legal consultation, financial planning services and referrals for elder or child care. Wellbound is available to health plan sponsors today, and the EAP will be accessible to users in January, according to a press release. Teladoc has embarked on a business strategy to increase its offerings and advance its position in virtual mental healthcare under the leadership of CEO Chuck Divita, who took the helm at the company last summer. The telehealth vendor has inked two acquisitions this year: virtual mental health company UpLift and preventive care firm Catapult Health. Last month, executives said M&A would play a key role in Teladoc's strategy as it expands its services. Additionally, Teladoc launched a cardiometabolic health program in April and added partnerships with other digital health companies like Carrot Fertility and digestive health firm Oshi Health. Recommended Reading M&A to play 'important role' at Teladoc: CEO Error 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

Chandrababu Naidu, revanth Reddy to meet Jal Shakti Minister over ₹81,900 cr Polavaram-Banakacherla link project
Chandrababu Naidu, revanth Reddy to meet Jal Shakti Minister over ₹81,900 cr Polavaram-Banakacherla link project

Time of India

time15-07-2025

  • Business
  • Time of India

Chandrababu Naidu, revanth Reddy to meet Jal Shakti Minister over ₹81,900 cr Polavaram-Banakacherla link project

The Centre has called a joint meeting of Andhra Pradesh and Telangana chief ministers on Wednesday to iron out differences between the two states over Rs 81,900 crore Polavaram Banakacherla Link Project , which proposes to bring Godavari floodwaters to the state's parched region. Jal Shakti minister C R Paatil will meet Andhra chief minister N Chandrababu Naidu and Telangana chief minister Revanth Reddy together on Wednesday over the project. Naidu government has proposed this ambitious inter-linking project to connect Krishna and Godavari basins and transferring Godavari floodwaters to the drought-prone Rayalaseema region through the Krishna basin . The project involves construction of a new reservoir at Bolapalli and using lift stations and tunnels to channel water to Banakacherla and Veligonda reservoirs. On its part, Telangana has objected to Naidu's proposal saying this violates provisions of the Andhra Pradesh Reorganisation Act of 2014 and the Godavari Water Disputes Tribunal Award of 1980. Concerns have also been raised about the project's impact on several regions, including the temple town of Bhadrachalam. Andhra Pradesh had approached the environment ministry for clearances despite Telangana's objections. However, the expert appraisal committee (EAC) had returned the proposal and asked the state to first have it examined by Central Water Commission under Jal Shakti ministry. The joint meeting has been called by Paatil following on this. In a letter to Telangana irrigation minister N Uttam Kumar Reddy, Paatil had assured, '… the Central Water Commission, under my ministry, will duly examine it in accordance with the extant guidelines, existing Tribunal Awards/ Inter-state Agreements and various provisions under Andhra Pradesh Reorganisation Act 2014 and appropriate action will be taken.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Lifetime Office 365 Download Undo Earlier, Andhra Pradesh had already fast tracked the project by inviting tenders under Hybrid Annuity Model (HAM). Naidu had requested the Centre for support through externally aided projects (EAP) and allocation under the Budget. Naidu has requested that 50% of the project cost be funded through EAP loans and about 20% as a grant. However, Telangana's objections have put a spanner in the works.

Acquisition of Majority Shares in PEACEMIND Inc. (to Make It a Subsidiary) and Capital and Business Alliance
Acquisition of Majority Shares in PEACEMIND Inc. (to Make It a Subsidiary) and Capital and Business Alliance

Business Insider

time08-07-2025

  • Business
  • Business Insider

Acquisition of Majority Shares in PEACEMIND Inc. (to Make It a Subsidiary) and Capital and Business Alliance

TOKYO, JAPAN, July 8th, 2025, FinanceWire TANABE CONSULTING GROUP CO.,LTD. (Headquarters: Yodogawa-ku, Osaka and Chiyoda-ku, Tokyo; Representative Director, President and CEO: Takahiko Wakamatsu; listed on TSE Prime Market; Stock Code: 9644; hereinafter "the Company"), at the Board of Directors meeting held on May 26, 2025, resolved to acquire a majority stake in PEACEMIND Inc. (Headquarters: Chuo-ku, Tokyo; Representative Director, CEO: Hideto Ogiwara; hereinafter "PEACEMIND") to make it a subsidiary, and to enter into a capital and business alliance with the company, and announces this decision. PEACEMIND is a pioneer in Employee Assistance Program (EAP) services industry in Japan, celebrating its 27th year since establishment. Under its vision of "creating a 'Hataraku wo Yoku Suru* ecosystem' to fill society with vibrant people and workplaces," the company provides consulting services for "working people and organizations" to approximately 1,400 companies, primarily large enterprises. The company employs approximately 100 professionals, including clinical psychologists, psychiatric social workers, public health nurses, industrial counselors, CEAP (Certified Employee Assistance Professionals), career consultants, and certified psychologists. Additionally, PEACEMIND has numerous bilingual counselors (including partner counselors) on staff. The company's activities extend beyond Japan, with partnership networks spanning 14 countries and global coverage across more than 200 countries and regions. PEACEMIND leverages its high level of expertise through experienced counselors and consultants well-versed in psychology and behavioral science, providing comprehensive solutions to employees, management, and organizations. These solutions include EAP, Stress Check-up Service, training and development programs, harassment prevention support, leave and return-to-work support, occupational health support services, and wellness programs—all designed to create a "Hataraku wo Yoku Suru ecosystem." *"Hataraku wo Yoku Suru" is a registered trademark of PEACEMIND Inc. in Japan, meaning "working better." The company's proprietary digital platform, "Working Better Cloud (WBC)," features integrated organizational management functions that provide one-stop counseling services and Stress Check-up Service, for employees, supporting the performance optimization of working people and their organizations. 1. Main Services Provided by PEACEMIND (1) EAP (Employee Assistance Program) Specialists such as clinical psychologists and certified psychologists provide counseling and consulting services to support problem-solving for individual employees and organizations. (2) Stress Check-up Service Comprehensive support from stress check implementation through organizational analysis to organizational improvement consulting. (3) Learning and Development Programs Providing training programs designed for human resource development and creating vibrant teams and workplaces. (4) Harassment Prevention Support Comprehensive support from current situation assessment through harassment case resolution, prevention, and recurrence prevention. (5) Medical Leave and Return-to-Work Support Specialists collaborate with HR personnel, managers, and occupational health staff to support smooth workplace reintegration for employees on mental health leave and stable employment and performance after return to work. (6) Crisis Support Support for early recovery of employees and organizational performance when unexpected crises such as disasters or workplace accidents occur. (7) Occupational Health Support Services Strengthening mental health measures and improving efficiency of occupational health operations through collaboration between occupational physicians and EAP. (8) Wellness Programs Leveraging global networks to utilize cutting-edge wellness program knowledge from around the world, supporting employee physical and mental health improvement and creating vibrant workplaces. (9) "Hataraku wo Yoku Suru" e-Learning Series Mental health prevention solutions for "working people" and "organizations" developed under supervision of mental health specialists, based on numerous consultation cases and latest workplace issues. 2. Capital Alliance Details The Company plans to acquire PEACEMIND's common shares through purchase from existing shareholders and subscription to third-party allotment of new shares by the company. Following this share acquisition, the Company is expected to hold 54.9% of PEACEMIND's total issued shares. 3. Rationale for Share Acquisition and Capital and Business Alliance The Company will enter the "Corporate Well-being Market." Corporate well-being refers to initiatives that focus on employees' physical and mental health, aiming to improve happiness at work and workplace environments, and solving organizational and individual employee issues through various measures. The market size in Japan is expected to reach approximately 117 billion yen by 2033*, and the Company anticipates continued growth as corporate interest and needs further increase. The capital and business alliance between TANABE CONSULTING GROUP, a pioneer in management consulting in Japan, and PEACEMIND, a pioneer in EAP services in Japan, will enable the Company to provide world-class professional services and proprietary management consulting services to large and mid-sized enterprises. This will enable multifaceted and comprehensive approaches to address issues in human resources/human capital—a challenge for both society and management—including talent strategy, human resource development, HR systems, DE&I organizational development, health management, workplace environment, and individual employee problem-solving, thereby delivering value that enhances organizational performance. *Reference: IMARC Group "Japan Corporate Wellness Market 2025-2033" 4. Capital and Business Alliance to Advance Group Vision In the Company's medium-term management plan (2021-2025) "TCG Future Vision 2030," the Company aims to "create a proprietary management consulting model" that provides comprehensive support from management strategy formulation to implementation through professional DX services for large enterprises to small and medium-sized companies, with a focus on upper mid-sized companies. There are a few examples of corporate well-being specialists joining management consulting groups. This alliance will strengthen the Company's "HR Consulting" capabilities within the Company's management consulting domain. Additionally, the implementation of PEACEMIND's "Hataraku wo Yoku Suru Platform—Working Better Cloud (WBC)" system will enable the Company to provide new "Professional DX Services." This creates particularly strong synergies with the "DE&I" and "Women's Career Advancement Research Institute" value propositions offered by Surpass, which joined the Group last year, enabling sustainable growth and social value creation. Together with the Company's group companies—Tanabe Consulting (strategy and management consulting), Leading Solutions (B2B digital marketing), Growin' Partners (comprehensive M&A support including cross-border transactions and back-office BPR/DX support), Jaythree (branding and CX design), Kartz Media Works (strategic PR domestically and internationally), and Surpass (DE&I organizational development)—the Company's proprietary corporate value of "diverse professional talent" will maximize group synergies through our "co-creation model" to solve strategic challenges faced by corporate top management. 5. Executive Comments (1) PEACEMIND Inc. Representative Director, CEO Hideto Ogiwara "As a pioneer in EAP services in Japan and Asia, PEACEMIND has advanced our 'Hataraku wo Yoku Suru' business under the mission of 'solving workplace challenges and creating a prosperous future for working people.' In the evolving market environment in Japan, maximizing limited human capital and achieving sustainable growth requires enhancing the well-being of working people and organizations—a critical management agenda. Collaborating with the Company, management consulting pioneer in Japan, will create powerful synergies with top management approach consulting, enabling us to strengthen and accelerate support for companies and working people. We look forward to creating new high added value through this unprecedented partnership between a management consulting firm and an employee well-being support company that is unparalleled in the world. We will continue advancing our vision of 'filling society with vibrant people and workplaces' by guiding clients toward their ideal state for working people and organizations." (2) TANABE CONSULTING GROUP CO.,LTD. Representative Director, President and CEO Takahiko Wakamatsu "We are delighted to achieve this unprecedented capital and business alliance in the management consulting industry between TANABE CONSULTING GROUP called management consulting pioneer in Japan since 1957, and PEACEMIND, called the EAP services pioneer in Japan and Asia. This brings us another step closer to 'Toward the One & Only Management Consulting Group in the World.' By entering the 'Corporate Well-being Market,' we will provide HR and organizational consulting that advances human capital management and enhances people and organizational well-being through the Company's approximately 900 professional organization (50:50 gender ratio DE&I organization). The high-level integration of TANABE CONSULTING GROUP's purpose 'Supporting decisions with love, changing the world' and PEACEMIND's vision of 'creating a Hataraku wo Yoku Suru ecosystem to fill society with vibrant people and workplaces' will certainly enhance well-being of people and organizations across large to mid-sized enterprises and small to medium-sized companies. We also look forward to increased co-creation value across all our management consulting domains and Group companies. We will continue advancing 'everything for client success and a bright future.'" PEACEMIND Inc. Company Profiles Company Name: PEACEMIND Inc. Representative: Representative Director, CEO Hideto Ogiwara Establishment: September 1998 (Incorporated: March 2004) Capital: 90.25 million yen Total Employees: 98 (as of April 1, 2025) Headquarters: Maruito-Ginza #3 Bldg. 8F, 3-10-6, Ginza Chuo-ku, Tokyo HP: TANABE CONSULTING GROUP CO.,LTD. Company Profiles Company Name: TANABE CONSULTING GROUP CO.,LTD. Representative: Representative Director, President and CEO Takahiko Wakamatsu Establishment: October 16, 1957 Net Sales: 14.54 billion yen (FY March 2025) Capital: 1.772 billion yen Total Employees: 809 (Group total, as of May 1, 2025) Stock Exchange: Tokyo Stock Exchange Prime Market Contact Takahiko Wakamatsu

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