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HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024
Aerospace & DefenseEarnings

HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024

February 26, 2024 4:30 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024, up from $93.0 million, or $.67 per diluted share, in the first quarter of fiscal 2023.Net sales increased 44% to $896.4 million in the first quarter of fiscal 2024, up from $620.9 million in the first quarter of...

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CannaPharmaRx Achieves IMC-GAP and GACP Certifications Completing a Significant Milestone Towards Revenue Acceleration
Aerospace & DefenseCompany Update

CannaPharmaRx Achieves IMC-GAP and GACP Certifications Completing a Significant Milestone Towards Revenue Acceleration

February 23, 2024 6:00 AM

CALGARY, AB / ACCESSWIRE / February 23, 2024 / CannaPharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that the company has successfully obtained our IMC-GAP (Good Agricultural Practices) and GACP (Good Agricultural and Collection Practices) certifications.These leading accreditations are the standard for cannabis certification with the goal of the standard to ensure...

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AeroGuard Flight Training Center Selected by Air India to Train Pilots for the Airline's Fly High Cadet Pilot Program
Aerospace & DefenseCompany Update

AeroGuard Flight Training Center Selected by Air India to Train Pilots for the Airline's Fly High Cadet Pilot Program

February 22, 2024 12:45 PM

PHOENIX, AZ / ACCESSWIRE / February 22, 2024 / AeroGuard Flight Training Center, a renowned global leader in professional ab initio flight training, is proud to announce its selection by Air India to train the Indian flag carrier's student pilots within its Fly High Cadet Pilot Program. This agreement demonstrates a significant milestone for AeroGuard and Air India as the two organizations share a commitment to high-quality flight training and...

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Avidyne Upgrades Colombian Army Helicopter Fleet With IFD550 Flight Management Systems
Aerospace & DefenseProduct Announcements

Avidyne Upgrades Colombian Army Helicopter Fleet With IFD550 Flight Management Systems

February 21, 2024 8:00 AM

Avidyne IFD550 FMS/GPS/NAV/COMs retrofitted in Colombian Army UH1-H, UH-1N, MI-17, and UH-60 Blackhawk helicopters, providing FMS/GPS/SBAS navigation, VHF NAV/COM, 3D Synthetic Vision, RS-170 video display, HTAWS and more.MELBOURNE, FL / ACCESSWIRE / February 21, 2024 / Avidyne Corporation, a leading provider of integrated avionics systems, announced that the Colombian Army has selected IFD550 FMS/GPS/NAV/COM systems for their fleet of UH1-H,...

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Commercial Drone Alliance Welcomes Guardian Agriculture's Matt Beckwith to its Board of Directors
Aerospace & DefenseCompany Update

Commercial Drone Alliance Welcomes Guardian Agriculture's Matt Beckwith to its Board of Directors

February 20, 2024 9:00 AM

WASHINGTON, D.C. / ACCESSWIRE / February 20, 2024 / The Commercial Drone Alliance (CDA), an independent 501c6 non-profit organization led by key members of the commercial drone industry, is pleased to announce Matt Beckwith, VP of Business Development and Regulatory Affairs at Guardian Agriculture, has joined its Board of Directors. Guardian Agriculture develops electric Vertical Take-Off and Landing (eVTOL) systems for commercial-scale...

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Cubic Awarded Contract From Naval Air Systems Command for KnightLink Systems
Aerospace & DefenseProduct Announcements

Cubic Awarded Contract From Naval Air Systems Command for KnightLink Systems

February 20, 2024 9:00 AM

Providing Sophisticated Software Improvements and Hardware Fortifications to Enhance Overall Fleet InteroperabilitySAN DIEGO, CA / ACCESSWIRE / February 20, 2024 / Cubic Defense has secured an Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract to maintain, upgrade and support deployment of the Full Motion Video (FMV) System, known as KnightLink, for the Naval Air Systems Command's (NAVAIR) MH-60 Sierra (MH-60S) helicopter fleet. KnightLink...

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General Atomics Expands International Collaborations and Partnerships With Japan in Critical and Emerging Technologies
Aerospace & DefensePartnerships

General Atomics Expands International Collaborations and Partnerships With Japan in Critical and Emerging Technologies

February 19, 2024 5:00 PM

SAN DIEGO, CA / ACCESSWIRE / February 19, 2024 / General Atomics, a defense and diversified technologies company with affiliates operating on five continents, is expanding its collaborations and partnerships across Japan with new investments in the nuclear energy and rare earth elements sectors. Numerous teaming arrangements are in the late stages of discussion and are set to be announced in early 2024. These partnerships will complement the...

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CannaPharmaRx Finalizes Multi-Million Dollar Israeli Supply Agreement with Cantek
Aerospace & DefensePartnerships

CannaPharmaRx Finalizes Multi-Million Dollar Israeli Supply Agreement with Cantek

February 16, 2024 2:30 PM

CALGARY, AB / ACCESSWIRE / February 16, 2024 / CannaPharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities announced today that it has entered into a strategic Supply Agreement (the "Agreement") with Cantek Holdings ("Cantek"), one of Israel's leaders in import and distribution of medical grade cannabis. This agreement will provide direct access to Israel's burgeoning consumer demand.Under...

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FLYHT Receives STC Certification for the AFIRS Edge(TM) on Airbus A320 Aircraft
Aerospace & DefenseCompany Update

FLYHT Receives STC Certification for the AFIRS Edge(TM) on Airbus A320 Aircraft

February 16, 2024 7:05 AM

CALGARY, AB / ACCESSWIRE / February 16, 2024 / FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSX-V:FLY)(OTCQX:FLYLF) today announced that Transport Canada has issued FLYHT a Supplemental Type Certificate ("STC") for the flange version of the AFIRS EdgeTM, the Company's 5G wireless data communication device, for Airbus A320 aircraft. The achievement of this STC enables FLYHT to ship the Edge units to Canadian A320 customers while at...

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AARDVARK Tactical's PROJECT7 Launches P7 Saves Initiative, Celebrates First Save
Aerospace & DefenseCompany Update

AARDVARK Tactical's PROJECT7 Launches P7 Saves Initiative, Celebrates First Save

February 15, 2024 9:00 AM

LA VERNE, CA / ACCESSWIRE / February 15, 2024 / PROJECT7 Armor is proud to announce the launch of its new P7 Saves Initiative. This project celebrates the resilience of law enforcement and military personnel who survive critical incidents in the field while wearing PROJECT7 products. The program will highlight the inspiring survival stories of the men and women PROJECT7 was founded to protect. P7 Saves launches with the story of Jordan Robison,...

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CannaPharmaRx CEO Provides Annual Update Message
Aerospace & DefenseCompany Update

CannaPharmaRx CEO Provides Annual Update Message

February 15, 2024 6:00 AM

CALGARY, AB / ACCESSWIRE / February 15, 2024 / Cannapharmarx, Inc.Dear Fellow Shareholders,We are paving the way for a remarkable year capitalizing on the solid foundation achieved last year. 2023 was an exciting and pivotal year for CannaPharmaRx (OTC PINK:CPMD), marked by many strong and significant accomplishments.The global cannabis industry is projected to grow from $57 billion in 2023 to $444 billion by 2030, exhibiting a CAGR of 34.03%...

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Volatus Aerospace Receives FAA Approval for Commercial Agricultural Aircraft Operations with Drones
Aerospace & DefenseCompany Update

Volatus Aerospace Receives FAA Approval for Commercial Agricultural Aircraft Operations with Drones

February 13, 2024 11:50 AM

Expanding Service Offering in Agriculture and Forestry into the U.S.TORONTO, ON / ACCESSWIRE / February 13, 2024 / Volatus Aerospace Corp. (TSXV:VOL)(OTCQB:VLTTF) ("Volatus" or "the Company"), a leader in the operation of piloted and remotely piloted aircraft systems (drones), announced that it has received authorization from the Federal Aviation Administration (FAA) in the USA for Commercial Agricultural Aircraft Operations using drones. The...

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Canada Jetlines (Cboe CA: CJET) Expands Reach with New Routes to/from Halifax, Nova Scotia
Aerospace & DefenseProduct Announcements

Canada Jetlines (Cboe CA: CJET) Expands Reach with New Routes to/from Halifax, Nova Scotia

February 13, 2024 7:30 AM

TORONTO, ON / ACCESSWIRE / February 13, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company") announces its commitment to enhancing travel options for leisure travelers by unveiling new routes that will connect Toronto to Halifax and Halifax to Orlando, Florida, thereby marking the Company's second Canadian destination.To celebrate this significant milestone, Canada Jetlines is thrilled to introduce enticing...

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Urban Sky Launches 2024 Urban Catalog & Custom Tasking With Premier Partner SkyWatch
Aerospace & DefensePartnerships

Urban Sky Launches 2024 Urban Catalog & Custom Tasking With Premier Partner SkyWatch

February 12, 2024 10:00 AM

DENVER, CO / ACCESSWIRE / February 12, 2024 / SkyWatch Space Applications Inc. ("SkyWatch"), a leader in the remote sensing data technology industry, and Urban Sky, a leading provider of broad area, high-resolution aerial imagery, announced today the launch of Urban Sky's 2024 Urban Catalog and Custom Tasking program in partnership with SkyWatch. Urban Sky's very high-resolution stratospheric balloon imagery is now available to SkyWatch...

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Aerospace and Defense Manufacturer, Essex Industries, Moves Operations into Larger Facility in Huntington Beach
Aerospace & DefenseCompany Update

Aerospace and Defense Manufacturer, Essex Industries, Moves Operations into Larger Facility in Huntington Beach

February 12, 2024 9:00 AM

HUNTINGTON BEACH, CA / ACCESSWIRE / February 12, 2024 / Essex Industries is excited to announce the successful consolidation of two manufacturing buildings into a new and larger facility in Huntington Beach, California. The consolidation is enhancing production efficiency and customer service. Essex has expanded its capabilities, including the addition of a temperature-controlled inspection room. The office space has been streamlined, and...

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HEICO Corporation Announces Regular Quarterly Conference Call
Aerospace & DefenseEarnings

HEICO Corporation Announces Regular Quarterly Conference Call

February 8, 2024 4:15 PM

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 8, 2024 / On February 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company...

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Daher Accelerates Its 'Take Off 2027' Strategic Plan
Aerospace & DefenseConferences

Daher Accelerates Its 'Take Off 2027' Strategic Plan

February 7, 2024 10:00 AM

PARIS, FRANCE / ACCESSWIRE / February 7, 2024 / With a revenue of 1.65 billion euros in 2023, Daher today announced financial results for the year that are in line with the objectives of its five-year "Take Off 2027" strategic plan, which covers the 2023-2027 timeframe.One year after the launch of this strategic plan, the Daher Group has achieved significant progress - notably with more than 35% of its revenue generated in the United States, and...

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Cubic to Provide United Kingdom Ministry of Defense With Light Gun Simulation System
Aerospace & DefenseProduct Announcements

Cubic to Provide United Kingdom Ministry of Defense With Light Gun Simulation System

February 7, 2024 9:00 AM

Delivering state-of-the-art technology to troops to enhance arms training readinessSAN DIEGO, CA / ACCESSWIRE / February 7, 2024 / Cubic Defense announces a two-year contract award with the U.K. MOD for the Light Gun Simulation System (LGSS). With Cubic's system to be primarily used by the Royal School of Artillery, the contract's flexibility also gives the British Army the ability to expand the scope to allow all units of the Royal Artillery,...

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Cubic Awarded Engineering Services Contract From Science Applications International Corp. (SAIC)
Aerospace & DefenseProduct Announcements

Cubic Awarded Engineering Services Contract From Science Applications International Corp. (SAIC)

February 5, 2024 9:00 AM

Providing state-of-the-art software-defined radio (SDR)-based data links to the U.S. ArmySAN DIEGO, CA / ACCESSWIRE / February 5, 2024 / Cubic Defense has been awarded a contract by Science Applications International Corp. (SAIC) to support its U.S. Army Hardware-In-The-Loop (HWIL) engineering services. The effort is part of a multi-contract and multi-vendor campaign for the next-generation data link for Uncrewed Aircraft Systems (UAS) and...

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Canada Jetlines Provides Board Update
Aerospace & DefenseManagement Changes

Canada Jetlines Provides Board Update

February 5, 2024 7:30 AM

TORONTO, ON / ACCESSWIRE / February 5, 2024 / Canada Jetlines Operations Ltd. (Cboe CA:CJET) ("Canada Jetlines" or the "Company") one of Canada's leading leisure airlines, announces that Mr. Rossen Dimitrov has resigned as a member of the Company's Board of Directors in order to focus on his other professional comittments. The Company wishes to thank Mr. Dimitrov for his service during his tenure as a board member and wishes him well in his...

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