• STRYKE Team To Showcase “Game Changing” Disruptive Technologies And Solutions at the Lightweight Tactical Vehicles Summit

    Taking the DOD call for innovation head on, Stryke, a highly specialized innovative solutions provider that addresses the most difficult and challenging issues our modern tactical vehicle fleet faces is a proud sponsor of the Lightweight Tactical Vehicle Summit in Detroit, Michigan from 16 to 18 March. At this event, Stryke, true to its creed, will provide an exclusive and interactive workshop on “Innovative-Technology Driven Advanced Materials, Manufacturing and Solutions”. Industry leading technology in the following areas, directly applicable to the next generation of tactical vehicles, will be outlined: amorphous metal casting, precision machining of super alloys, additive manufacturing, graphene nanotechnology and many other forms of disruptive innovation. These advanced solutions will provide significant advantages for our military of tomorrow, today! “Given our team’s intimate familiarity with the future roadmaps and challenges for lightweight tactical vehicles of the future; we answered the call and assembled the most advanced and disruptive technologies to aggressively push state-of-the-art solutions. We bring best athlete companies to the warfighter,” stated Christopher W. Rohe (Major – USAFR), Senior Vice President of Strategy and Co-Founder of Stryke Industries. This summit will bring together some of the military’s key decision makers in an intimate forum to give insight into future vehicle acquisition projects. Since fewer vehicle contract opportunities are available due to drawn down conflicts abroad and sequestration, the military must be more proactive in identifying best-value solution providers. This event will serve as an ideal platform for military decision makers to achieve that initiative. “The Stryke Team will display a host of technologies at this event by some very innovative companies” stated Van Flamion, President of Stryke. Stryke teammates include:

    • Materion – a global leader in specialty materials that will drive key advancements in the tactical vehicle fleet.
    • Visser Precision – a leader in additive and amorphous manufacturing technologies ready for tactical vehicles.
    • Nexotherm – a phase change cooling technology for vehicles, electronics and warfighter wear.
    • VazTek – a valveless engine technology which will transform the future of the tactical vehicle industry.
    • Recovery Force MORPH Technology – a futuristic wearable warfighter fatigue management device.
    • Enzyme Solutions – acclaimed hi-performance enzyme cleaning solutions for equipment, vehicles and aircraft.
    • Angstron Materials – the latest graphene materials/technology trends as covered by the Discovery Channel.
    • Disc-O-Bed – the patented bed system, which delivers a good night’s sleep even during the extremes of combat.
    • Microchips Biotech – a revolutionary, implanted medicine delivery technology for the future warfighter.

    “In addition, our acclaimed HR development firm, xcelHR will discuss providing amazing bright and talented Stryke personnel to service global defense needs” Mr. Flamion stated. Join the vehicles community as we come together to learn best practices, programs and processes for 2015 and beyond. This will be a rare opportunity to speak with such a broad range of program managers, while meeting future clients within this hard-to-reach military vehicles community. To access the full agenda or to register for the conference, visit www.lighttacticalvehiclesummit.com.

  • SORDAC TE 15-3 Event at Muscatatuk Urban Warfare Center in June

    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

  • MG Umbarger and NIDIA Announce STARBASE Indianapolis Ribbon Cutting

    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.

  • Harris Corporation to Acquire Exelis – Complementary, Adds Scale and Strengthens Core Franchises

    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.

    About Exelis

    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 lhoverman@osbe.in.gov.

    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 foundry@prf.org Purdue Research Foundation contact: Steve Martin, 765-588-3342, sgmartin@prf.org Sources: Greg Deason, 765-588-5254, gwdeason@prf.org Lisa Hoverman, lhoverman@osbe.in.gov