Posts Filed In: General News
SORDAC (Special Operations Research Development Acquisition Center) will have their TE 15-3 (Technical Experimentation) at Muscatatuk Urban Warfare Center on or about 16 to 26 June 2015 with an emphasis on urban/unconventional warfare. This is an opportunity for business to show off their products and gain feedback from real SOF operators. This may lead to a future government contract but is designed to be more of a venue to showcase, test and improve various products through collaboration (think engineers attending versus marketing). Once the RFI is posted (end of February to the middle of March )on the SORDAC web site (listed below), businesses will have approximately one month to do a short 1 page white paper. Once you submit your white paper, SORDAC will condense them into a “white paragraph,” and send to Special Operation Forces (SOF) units. If a minimum of one unit is interested in seeing in the product/technology, the business will be invited to the event. Once at the event, businesses will be reviewed/assessed by at least one SOF member (often many others as well). This is an Unclassified event. For more information on this event, please visit the SORDAC website: http://www.socom.mil/sordac/Pages/ExpWithUS.aspx
Major General R. Martin Umbarger, the Adjutant General of Indiana, cordially invites all NIDIA members to attend the ribbon cutting ceremony for the STARBASE Indianapolis Academy located at Stout Field, Headquarters of the Indiana National Guard, 2002 S Holt Rd, Indianapolis, IN 46241 on Friday, February 20, 2015 at 1:00 p.m. Additional information about STARBASE and directions to the ceremony: RSVP by midnight, 13 February 2015 POC: Christy Ruzga at 317-247-3300 x79956 Alt POC: Brande Morgan at 260.415.7402 Military: Duty Uniform Civilian: Business Casual View map of Event and STARBASE On behalf of the staff of STARBASE Indiana, it is my pleasure to invite you to the ribbon cutting ceremony for our STARBASE Indianapolis Academy located at Stout Field, Headquarters of the Indiana National Guard. This ceremony will commence on Friday, February 20th, 2015 at 1 p.m. Directions provided on the attached site map. DoD STARBASE is a nationwide STEM program, which has graduated almost a million students over the last 20 years. STARBASE Indiana opened its first STEM (Science, Technology, Engineering and Math) academy in Fort Wayne over three years ago with over 3000 graduates. To continue the successes of our first Indiana location, we are excited to expand our reach to the Indianapolis region. Our new academy will reach over 900 students annually with its unique blend of experiential learning. STARBASE is a premier STEM academy that focuses on elementary students, primarily fifth through eighth graders. The goal is to motivate them to explore and embrace Science, Technology, Engineering and Math as they continue their education and advance to a future career. Our free of charge academies serve students that are historically under-represented in STEM. The program engages students through the inquiry-based curriculum with its “hands-on, mind-on” experiential activities like robotics, rocketry, 3D printing, Computer Aided Design (CAD), chemistry, and much more. Teamwork is stressed as they work together to explore, explain, elaborate and evaluate concepts. By exposing youth to the technological environments and positive role models found on military installations, we will provide 25 hours (over five days) of exemplary instruction using a time tested curriculum, which meets or exceeds national standards. We will nurture a winning network of collaborators and build mutual loyalty. Please join us in celebrating this monumental event to bring elementary STEM education to the Indianapolis area. For more information on our academies, please visit our website at target=”_blank”>www.starbasein.org or on Facebook at STARBASE Indiana, Indianapolis.
MELBOURNE, Fla. and MCLEAN, Va., Feb. 6, 2015 Harris Corporation (NYSE:HRS) and Exelis, Inc. (NYSE:XLS) today announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value. The agreement has been unanimously approved by the Boards of Directors of both companies. The transaction is expected to close in June 2015 and is subject to customary closing conditions, including regulatory and Exelis shareholder approval. Under the terms of the transaction, Exelis shareholders will receive $16.625 in cash and 0.1025 of a share of Harris common stock, based on Harris’ closing price as of Feb. 5, 2015, for each share of Exelis common stock. Upon closing, Harris shareholders will own approximately 85 percent of the combined company, and Exelis shareholders will own approximately 15 percent. On a pro forma basis for the latest twelve months ended Dec. 31, 2014, the combined company would have had more than $8 billion in revenue and about 23,000 employees globally, including 9,000 engineers and scientists. “Acquiring Exelis is transformational for Harris,” said William M. Brown, chairman, president and chief executive officer of Harris. “The combination of the two companies’ highly complementary core franchises creates a competitively stronger company with significantly greater scale. We are expanding in a market, where we have decades of success and a workforce dedicated to providing our customers with innovative and cost-effective solutions for some of their most complex challenges.” “This agreement to become part of Harris Corporation represents an exciting new chapter for Exelis,” said David F. Melcher, chief executive officer and president of Exelis. “Combining the companies not only creates shareholder value, but the commitment to excellence and innovation that both companies share will significantly benefit customers and provide new opportunities for employees.” Melcher also noted, “Our 2014 was another strong year, and we expect to report revenue of approximately $3.25 billion and adjusted operating margin between 12.4 and 12.5 percent, which is in line with our previous guidance.” Exelis indicated that approximately $25 million of its anticipated free cash flow for 2014 shifted into 2015 due to some delayed collections, but that its estimate for 2015 free cash flow is being increased to approximately $275 million. Exelis also expects depreciation and amortization of approximately $106 million in 2014, net debt of $139 million and a net unfunded pension liability of approximately $1.9 billion at the end of 2014. Exelis ended the year with an estimated $2.8 billion in funded backlog.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 125 countries. Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and about 13,000 employees — including 6,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services. Additional information about Harris Corporation is available at harris.com.
Exelis is a diversified, top-tier global aerospace, defense, information and services company that leverages a 50-year legacy of deep customer knowledge and technical expertise to deliver affordable, mission-critical solutions for global customers. Exelis is a leader in positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems; and focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures. Headquartered in McLean, Virginia, Exelis employs approximately 10,000 people and generated 2014 sales of approximately $3.25 billion. For more information, visit www.exelisinc.com.
Federal grant expert to offer advice, assistance on SBIR, STTR funds at Purdue Foundry on weekly basis
WEST LAFAYETTE, Ind. – Entrepreneurs at Purdue University and in the Greater Lafayette community now have the opportunity to meet regularly with a state official and expert in Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funds. Lisa Hoverman, Ph.D., Indiana’s SBIR/STTR program specialist from Lt. Gov. Sue Ellspermann’s Office of Small Business and Entrepreneurship (OSBE), will counsel Purdue Foundry and other clients by appointment on Fridays between 9 a.m. and noon. Purdue Foundry is an entrepreneurship and commercialization hub in Discovery Park’s Burton D. Morgan Center for Entrepreneurship, 1201 W. State St., West Lafayette. Greg Deason, vice president and executive director of Purdue Foundry, said Hoverman’s expertise with federal SBIR and STTR programs will benefit entrepreneurs and the local and state economies. “The highly competitive federal SBIR/STTR program encourages small businesses to engage in federal research and development on innovations that have strong potential for commercialization. This enables small businesses to explore new technologies by providing the incentive of profit from commercialization,” he said. “By including Hoosier small businesses in the nation’s research and development arena, high-tech innovation is stimulated, and Indiana’s economy gains entrepreneurial spirit as it meets specific federal needs.” Hoverman said she will work with Purdue Foundry clients in several ways, including one-on-one sessions, workshops and special events. “I will work with entrepreneurs interested in identifying and targeting the appropriate federal agencies for their technologies in one-on-one counseling sessions, help entrepreneurs understand grant solicitations and their requirements, and connect them with the best resources to strengthen the submission,” Hoverman said. “I also will engage clients in securing Phase I matching funds from the Indiana Economic Development Corporation and Elevate Ventures, and host training events and workshops throughout the year to help clients better understand the SBIR/STTR process.” To schedule an appointment with Hoverman at the Purdue Foundry, contact firstname.lastname@example.org.
About Purdue Foundry
The Purdue Foundry is an entrepreneurship and commercialization hub in Discovery Park’s Burton D. Morgan Center for Entrepreneurship whose professionals help Purdue innovators create startups. The Purdue Foundry is managed by the Purdue Research Foundation, which received the 2014 Incubator Network of the Year from the National Business Incubation Association for its work in entrepreneurship. For more information about funding and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at email@example.com Purdue Research Foundation contact: Steve Martin, 765-588-3342, firstname.lastname@example.org Sources: Greg Deason, 765-588-5254, email@example.com Lisa Hoverman, firstname.lastname@example.org
The DeKalb Chamber of Commerce is hosting the Fort Wayne area broadcast of Leadercast this year. NIDIA business leaders can access the knowledge and experience of world-renowned leaders by attending Leadercast® DeKalb hosted by DeKalb Chamber Partnership held at County Line Church in Auburn on May 8, 2015. The Leadercast event is broadcast LIVE from Atlanta, Ga. to hundreds of sites around the world, including DeKalb County. In 2015 we will dive in to what it means to be a leader worth following through bravery. An essential behavior for any leader is the act of bravery. Bravery is not a moniker that can be bought… it cannot be self-appointed. Bravery is not attributed to everyone, but is reserved for those whose innovation in their industry cause them to stand out from the crowd, whose unyielding effort and error push their organizations into new territories, and whose boldness compels them to stand up for those less fortunate. These are The Brave Ones. The Brave Ones have existed throughout history. Some are unforgettable icons, others names will never be remembered. They exist across all industries, societies, and at every level of leadership. Join us at Leadercast DeKalb on May 8, 2015 as we explore The Brave Ones, and learn what it means to lead in such a way that create bold cultures, builds faithful employees, and produces high achievement. View Event Flyer Get Directions to Event Venue
2015 Speaker Lineup
- Andy Stanley – Leadership Author & Communicator
- Malala Yousafzai – “Bravest Girl in the World” – CNN
- Ed Catmull – President of Pixar & Disney Animation Studios
- Set Godin – Innovative Thinker & Best-Selling Author
- Rudy Giuliani – 107th Mayor of New York City (1993-2001)
- Aja Brown – Mayor, City of Compton
- Bill McDermott – CEO of SAP AG
- CMDR Rorke Denver – Navy SEAL Commander & Author
- Bill & Giuliana Rancic – Award-Winning Personalities & Co-Hosts of Leadercast
- …and more!
Last year, over 100,000 leaders from 14 countries attended Leadercast. Now, in its 16th year, this full day, experiential conference is on track to reach its largest audience to date.
What people are saying about Leadercast DeKalb:
“BEST Leadership training event of my year & I attend 10+ per year.” “It was a wonderful day! I got quite a lot out of it and will apply it to my work.” “I can’t wait to invite my colleagues next year!” See You There!