HAIFA, Israel, June 20, 2023 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that pursuant to Article 23(d) of its Articles of Association, the Company’s board of directors resolved to appoint Mr. Ehud (Udi) Adam as a member of the board, effective as of June 25, 2023, and until… Continue reading Elbit Systems Appoints New Independent Director
Tag: Strategy
US pension fund CalSTRS shortlists 19 candidates for China stock portfolio
The California State Teachers’ Retirement System (CalSTRS), the second-largest U.S. pension fund, said on Tuesday it had shortlisted 19 fund managers for its China stock portfolio. “We have identified 19 managers for our China public equity pool. Placement in this pool does not guarantee a manager will receive an allocation,” the firm said a statement… Continue reading US pension fund CalSTRS shortlists 19 candidates for China stock portfolio
Eddie Wu to succeed Daniel Zhang as Alibaba Group CEO in major executive reshuffle
Alibaba Group on Tuesday said Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer in the Chinese e-commerce giant’s biggest executive reshuffle since its restructuring. Zhang will shift to focus on cloud intelligence, Alibaba said. Zhang has since December been concurrently serving as group CEO and… Continue reading Eddie Wu to succeed Daniel Zhang as Alibaba Group CEO in major executive reshuffle
Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Initial technology integration includes a T-50… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
RED 6 SIGNS STRATEGIC AGREEMENT WITH RAF AND NSSIF FOR AUGMENTED REALITY TECHNOLOGY
U.K.’s Royal Air Force and National Security Strategic Investment Fund look to U.S. based Company Red 6 to Advance Airborne Synthetic Training Ecosystem ORLANDO, Fla., June 20, 2023 /PRNewswire/ — Red 6, a revolutionary Augmented Reality (AR) technology firm at the forefront of synthetic air combat training and augmented reality applications, is proud to announce… Continue reading RED 6 SIGNS STRATEGIC AGREEMENT WITH RAF AND NSSIF FOR AUGMENTED REALITY TECHNOLOGY
Eviation Announces Order from Aerolease for up to 50 Alice All-Electric Commuter Aircraft
Eviation signs letter of intent with Aerolease, a U.S.-based leasing company focused on sustainable aviation Under the deal announced at the 2023 Paris Air Show, Aerolease orders up to 50 Alice electric aircraft Orders for Alice now valued over US$ 4 billion PARIS, June 20, 2023 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft,… Continue reading Eviation Announces Order from Aerolease for up to 50 Alice All-Electric Commuter Aircraft
Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Initial technology integration includes a T-50… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Continue Reading Lockheed Martin T-50 Initial… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
‘Hyundai Motor Way’ Sets Course for Accelerated Electrification and Future Mobility Goals at 2023 CEO Investor Day
Hyundai Motor shares mid- to long-term business and financial plans based on ‘Hyundai Motor Way’ strategy Hyundai Motor to boost its annual EV sales goal to 2 million units by 2030 Company to accelerate its transition toward becoming a smart mobility solution provider by investing KRW 109.4 trillion over the next 10 years — KRW 35.8 trillion… Continue reading ‘Hyundai Motor Way’ Sets Course for Accelerated Electrification and Future Mobility Goals at 2023 CEO Investor Day
Australia taps global partners in landmark critical minerals strategy
Supplier of nearly half of the world’s lithium, Australia is a significant producer of rare earths, cobalt, copper, graphite, manganese and other minerals key to the global energy transition. Australia, one of the world’s biggest suppliers of raw minerals, unfurled a landmark strategy on Tuesday that outlines how it will work with investors and international… Continue reading Australia taps global partners in landmark critical minerals strategy