Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
Teneo: CEO and Investor Confidence Remains Strong Heading Into 2026 Despite Global Headwinds
NEW YORK, Dec. 16 (TNSxrep) -- Teneo, a CEO advisory firm, issued the following news release:
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CEO and Investor Confidence Remains Strong Heading Into 2026 Despite Global Headwinds
CEO and investor expectations for growth, M&A and hiring remain high but are tempered by concerns about global trade, geopolitical uncertainty and accelerating technological disruption. Investors growing impatient on timing for ROI on corporate AI investments, according to a new survey by Teneo.
* 73% of CEOs and 82% of investors expect the global economy to improve in 2026.
* The U.S. remains the most attractive
... Show Full Article
NEW YORK, Dec. 16 (TNSxrep) -- Teneo, a CEO advisory firm, issued the following news release:
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CEO and Investor Confidence Remains Strong Heading Into 2026 Despite Global Headwinds
CEO and investor expectations for growth, M&A and hiring remain high but are tempered by concerns about global trade, geopolitical uncertainty and accelerating technological disruption. Investors growing impatient on timing for ROI on corporate AI investments, according to a new survey by Teneo.
* 73% of CEOs and 82% of investors expect the global economy to improve in 2026.
* The U.S. remains the most attractivemarket in the world for investment.
* Percentage of large-cap CEOs projecting growth is down 20 points year-over-year, while mid-cap CEOs and investors remain overwhelmingly bullish on outlook.
* 78% of CEOs predict increased global M&A in the year ahead.
* AI spending will continue to rise in 2026, with 68% of CEOs increasing investment.
* 53% of investors expect ROI from AI in six months or less, while only 16% of large-cap CEOs believe they can deliver on that timeline.
* CEOs and investors predict AI initiatives will drive increased hiring in 2026, as businesses reshape their workforce to power AI ambitions and accelerate the race for ROI.
* India's emergence continues, as CEOs believe the country will surpass China in strategic importance within 10 years.
Global CEOs and investors remain confident in the growth outlook heading into 2026, anticipating an increase in domestic and international investment, hiring and M&A activity, according to a new study by Teneo, the global CEO advisory firm. The annual survey examined the views of more than 350 global public company CEOs and 400 institutional investors representing approximately $19 trillion USD in company and portfolio value.
Overall, 73% of CEOs and 82% of investors expect the global economy to improve in 2026. However, reflecting the realities of the global operating environment, large-cap CEO confidence has declined 20 points year-over-year, with expectations tempered by concerns about global trade, geopolitical uncertainty and technological disruption. Meanwhile, mid-cap CEOs and investors remain overwhelmingly positive in their outlook for growth and three out of four CEOs and investors expect to see more M&A activity in the year ahead.
"Following record CEO and investor confidence in the wake of the U.S. elections last year, we continue to see optimism for 2026 with most expecting at least a short-term increase in hiring as well as increased M&A activity and international and domestic investment," said Paul Keary, CEO of Teneo. "The U.S. remains the most attractive market in the world for investment, with policies - such as those around technological advancement and regulatory streamlining - creating a pro-growth environment. Companies have also become more resilient to disruption over the last few years, helping to underpin their confidence."
"AI spending is set to rise again in 2026, with 68% of CEOs planning to increase their investment," said Ursula Burns, Chairwoman of Teneo. "Along with that investment, an increase in new skilled hires across all seniority levels will help deliver on corporate AI ambitions. Investors, however, are becoming increasingly impatient for ROI on these AI investments, creating a tension that will be important to watch in the year ahead."
Key survey findings include:
Growth Outlook: Measured Confidence: 73% of CEOs and 82% of investors expect the global economy to improve in 2026 compared to 77% and 86% in 2025, respectively.
* Investors remain bullish about access to funding from equity markets (41% very optimistic), the affordability of debt levels (45% very optimistic) and access to the debt market (41% very optimistic).
* More than 80% of both CEOs and investors cite recent policy changes related to technological advancement and regulatory streamlining as being helpful to their business.
* Strong M&A optimism persists, with three out of four CEOs and investors expecting to see more activity in 2026.
* CEOs representing the healthcare and resources industries are most optimistic about the M&A outlook, followed closely by peers in industrials and technology.
* Both CEOs and investors cite high capital costs as the primary barrier to M&A execution.
Globalization Recalibrates: CEOs (60%) and investors (57%) agree that deglobalization will accelerate in 2026; CEOs believe India will surpass China in terms of strategic importance within 10 years.
* China's market size, manufacturing and supply chain strength, and technology and innovation leadership continue to make the country an extremely important priority for both CEOs and investors today and over the next five years.
* CEOs view India as on the rise over the next decade - as a demand engine and talent powerhouse, with market growth and innovation set to drive global competitiveness long term.
* CEOs and investors are evenly split over whether the state of geopolitics today is a unique and temporary phenomenon that can be navigated as such, versus the start of a long-term reordering of the status quo.
* Along with technology and supply chain, geopolitics remains a top concern for global CEOs and investors as they prepare for continued disruption in 2026.
Seeking ROI, AI Spending Soars: AI is the fastest growing investment area in 2026, with 68% of CEOs planning to increase spending.
* 88% of CEOs and 84% of investors believe AI is helping mitigate or navigate businesses through disruption.
* 84% of large-cap CEOs predict ROI for new AI initiatives will take longer than six months to achieve, while 53% of investors expect to see ROI in six months or less.
* Fewer than half of AI projects are ROI-positive; however, gains are being made across internal efficiency, administrative and customer-facing applications.
* Beyond ROI, CEOs and investors are both seeing the most success across marketing and customer service, while applications that pose the greatest potential risk and complexity (security, legal and HR) remain the biggest challenges.
AI Reshaping, Not Replacing the Workforce, Yet: Most CEOs expect AI to drive hiring in 2026, with 67% predicting an increase in entry-level headcount and 58% for senior leadership. Businesses are reshaping the workforce in the near term to get to AI ROI faster and deliver on business priorities, but this does not signal a long-term upward curve.
* CEOs are prioritizing AI augmentation (50%) and upskilling talent (46%) in 2026, reflecting a strategic dual focus on automation and human capability.
* The overwhelming majority of CEOs cite AI, innovation and agility as essential skill sets for the next generation of CEOs.
* Creativity is cited as the most important ability leaders will need from their executive team, underscoring that the future of leadership does not just rest on technological maturity and skill.
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Teneo's Vision 2026 CEO and Investor Outlook Survey was conducted by the firm's in-house data, insights and analytics team. The survey includes the views of more than 750 global public company CEOs and institutional investors representing approximately $19 trillion USD in market cap and AUM. The CEOs surveyed represent a global distribution of publicly traded companies with a minimum annual revenue of $1 billion USD or greater. Investors surveyed include a global sampling of professional investors in investment banking, institutional investing, venture investing, asset management, private equity and hedge funds. Research was conducted between October 14th and November 10th, 2025.
For more information and to download full survey results, visit teneo.com/Vision2026.
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Original text here: https://www.teneo.com/news/press-releases/ceo-and-investor-confidence-remains-strong-heading-into-2026-despite-global-headwinds/
[Category: BizConsulting]
TTI and Aptiv Launch The Aptiv Edge, a TTI Podcast Series on 48V Vehicle Architecture
FORT WORTH, Texas, Dec. 16 -- TTI, a distributor of electronic components, issued the following news release:
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TTI and Aptiv Launch The Aptiv Edge, a TTI Podcast Series on 48V Vehicle Architecture
TTI, Inc., a leading specialty distributor of electronic components, is hosting The Aptiv Edge, a TTI Podcast Series with Aptiv, a high-performance automotive connectivity solutions manufacturer for hybrid vehicles, electric vehicles, electric vehicle charging and more.
The series features three initial podcasts on the significant industry shift from 12V to 48V for electrical vehicle architecture,
... Show Full Article
FORT WORTH, Texas, Dec. 16 -- TTI, a distributor of electronic components, issued the following news release:
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TTI and Aptiv Launch The Aptiv Edge, a TTI Podcast Series on 48V Vehicle Architecture
TTI, Inc., a leading specialty distributor of electronic components, is hosting The Aptiv Edge, a TTI Podcast Series with Aptiv, a high-performance automotive connectivity solutions manufacturer for hybrid vehicles, electric vehicles, electric vehicle charging and more.
The series features three initial podcasts on the significant industry shift from 12V to 48V for electrical vehicle architecture,which reduces current by a factor of four, allowing for smaller wires and terminals, improved efficiency and other performance enhancements while maintaining safety from shock hazards.
Hosted by Gabe Osorio, TTI Director of Transportation Marketing, Americas, and featuring Aptiv product expert, Nityesh Bohidar, Sr. Application Engineer, the series includes these episodes:
The 48V Upgrade to Enhanced Power and Performance, Key Design Considerations for 48V and 48V On-Vehicle and Other Applications.
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About TTI
TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of electronic components. Founded in 1971, the emphasis on a broad and deep product portfolio, available-to-sell inventory and sophisticated supply chain programs has established TTI as a distributor of choice to manufacturers in the industrial, defense, aerospace, transportation, medical and communications sectors worldwide. TTI and its wholly owned subsidiaries, the TTI Family of Specialists, Mouser Electronics, Sager Electronics and the Exponential Technology Group employ over 9,000 people in more than 136 locations throughout the Americas, Europe, Asia and Africa. Globally, the TTI Family of Specialists maintain over 3 million square feet of dedicated warehouse space in 30 distribution centers. For more information about TTI, visit www.tti.com
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Original text here: https://www.tti.com/content/ttiinc/en/about/press-releases/2025/december/pr-12152025-tti-aptiv-podcast-48v-vehicle-architecture.html
[Category: BizElectronic Products]
Sparks of Wisdom: What We Learned This Year From 10 GE Vernova Innovators
CAMBRIDGE, Massachusetts, Dec. 16 -- G.E. Vernova, an energy company, posted the following news release on Dec. 15, 2025:
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Sparks of Wisdom: What We Learned This Year from 10 GE Vernova Innovators
Earlier this year, GE Vernova CEO Scott Strazik wrote that helping to solve the energy challenges of tomorrow depends on the "gritty, never-give-up" hopefulness of its 75,000 employees. "What we've learned in our first historic year as GE Vernova is that the best way to do this starts on our factory floors, at the installed base, and in our research centers, all guided by a relentless sense of
... Show Full Article
CAMBRIDGE, Massachusetts, Dec. 16 -- G.E. Vernova, an energy company, posted the following news release on Dec. 15, 2025:
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Sparks of Wisdom: What We Learned This Year from 10 GE Vernova Innovators
Earlier this year, GE Vernova CEO Scott Strazik wrote that helping to solve the energy challenges of tomorrow depends on the "gritty, never-give-up" hopefulness of its 75,000 employees. "What we've learned in our first historic year as GE Vernova is that the best way to do this starts on our factory floors, at the installed base, and in our research centers, all guided by a relentless sense ofoptimism in our capacity to create and lead positive change."
These 10 bright lights at the company's sites around the world embody this attitude. Here are what they had to teach us in 2025. Click on their names to read more about them.
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"We don't need a perfect solution. What we need is [an energy transition] solution that works in the time frame we have. It should be all hands on deck. We've got to make this happen."
--Rajib Datta, chief engineer of power electronics, GE Vernova Advanced Research (Niskayuna, New York)
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"There's a saying in Africa. 'If you want to go fast, go alone. If you want to go far, go together.'"
--Miguel Vicedo, global sales leader, GE Vernova Gas Power (Houston, Texas)
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"Talented people are leaving companies after just a few years. We need conscious leaders who harness creativity, allowing people to feel safe in their jobs and enjoy their work."
--Claudia Blanco, chief innovation and artificial intelligence officer, Electrification Systems (Barcelona)
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"Stay curious and passionate and you will continue to navigate obstacles and keep pushing ahead."
--William Tan, senior robotics and autonomous systems engineer, GE Vernova Advanced Research Center (Niskayuna, New York)
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"Robotics and automation will certainly play a role in increasing our capacity ... They enable more consistent quality and increase the lifespan of our products, which has an important impact on sustainability."
--Matias Opazo, supply chain strategist, GE Vernova (Cambridge, Massachusetts)
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"Be scientifically curious about why something is done the way it is. When the answer is 'This is how it has always been done,' digging deeper into understanding the drivers for that decision will help validate whether there is an opportunity to innovate."
--Veena P., electrical systems technology manager, GE Vernova Advanced Research Center (Bengaluru, India)
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"If I needed to ship 40 units last week, I start with the facts: Did we deliver? Where did we miss? Why did we miss? Lean methodology gives us structure and clarity -- and it helps us move faster."
--Julia Vey, global leader for planning and logistics, GE Vernova Onshore Wind (Salzbergen, Germany)
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"Half the picture of being an engineer is sitting behind a computer solving problems. But there's also the critical element of talking to people and pushing the industry forward."
--Lisa Berry, decarbonization and data center technology director for the Americas, GE Vernova Gas Power (Atlanta)
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"With customers, you're not just selling a product, you're really exploring what their challenges are. How do you craft a solution that's going to work?"
--Jackie Chimiak, commercial sales leader, Onshore Wind Repower and Services (Schenectady, New York)
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"No matter what I'm working on, I know what it means when we say GE Vernova is providing the energy to change the world."
--Darius Zanjani, head of engineering, procurement, and construction partnering, GE Vernova Gas Power (Zurich) (pictured at right)
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Original text here: https://www.gevernova.com/news/articles/sparks-wisdom-what-we-learned-year-10-ge-vernova-innovators
[Category: BizEnergy]
SWEPCO Kicks Off 2026 Louisiana Commercial Solutions Program With Energy Efficiency Workshop
SHREVEPORT, Louisiana, Dec. 16 -- Southwestern Electric Power, an American Electric Power company, issued the following news release on Dec. 15, 2025:
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SWEPCO Kicks Off 2026 Louisiana Commercial Solutions Program with Energy Efficiency Workshop
SWEPCO brought contractors and industry partners together on Dec. 4 to explore strategies for reducing energy consumption and improving efficiency in commercial facilities across Louisiana at its kickoff workshop for the 2026 Louisiana Commercial Solutions Program.
The program, launching January 19, 2026, offers incentives for new construction and
... Show Full Article
SHREVEPORT, Louisiana, Dec. 16 -- Southwestern Electric Power, an American Electric Power company, issued the following news release on Dec. 15, 2025:
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SWEPCO Kicks Off 2026 Louisiana Commercial Solutions Program with Energy Efficiency Workshop
SWEPCO brought contractors and industry partners together on Dec. 4 to explore strategies for reducing energy consumption and improving efficiency in commercial facilities across Louisiana at its kickoff workshop for the 2026 Louisiana Commercial Solutions Program.
The program, launching January 19, 2026, offers incentives for new construction andretrofit installations of energy-saving measures in non-residential facilities served by SWEPCO, helping businesses lower electric demand and energy costs while exceeding state and federal efficiency standards.
"This workshop is about empowering our partners with the tools and knowledge they need to deliver real energy savings," said Kansas Cooley, SWEPCO Energy Efficiency and Consumer Programs Coordinator Associate. "By working together, we can help customers upgrade to efficient technologies that reduce costs and support sustainability."
The kickoff workshop welcomed more than 20 contractors and representatives from companies across SWEPCO's footprint reflecting the growing commitment to energy efficiency. The program benefits both retrofit projects and new construction by making high-efficiency equipment more affordable through incentives. For businesses, this means lower upfront costs and long-term energy savings, while communities benefit from reduced overall energy demand, improved sustainability, and economic growth as companies reinvest their savings locally.
"Our goal is to make participation simple and rewarding," said Debra Miller, SWEPCO Energy Efficiency and Consumer Programs Manager. "These programs not only benefit businesses financially but also strengthen our communities by promoting responsible energy use."
The Commercial Solutions Program includes incentives for HVAC systems, LED lighting, heat pump water heaters, smart thermostats, and advanced controls such as variable frequency drives and demand-controlled ventilation. Eligible participants include commercial customers, energy service companies, and contractors committed to improving energy efficiency.
"Many industrial facilities still rely on outdated equipment," said attendee Jon Carnes of AIM Companies, a division of Tavoron. "Upgrading to technologies like variable speed drives can save customers thousands of dollars each month. With SWEPCO's incentives and Tavoron's automation capabilities designed to increase efficiency, improve quality, and enhance safety, these projects deliver even greater impact and long-term value."
The workshop marked the beginning of an exciting year to come for energy efficiency in Louisiana. With the 2026 Commercial Solutions Program set to launch in January, SWEPCO and its partners are paving the way for smarter energy use, cost savings, and innovative solutions that benefit businesses and communities alike.
For more information about SWEPCO's Energy Efficiency programs, visit SWEPCOsolutions.com, or to receive more information on the commercial rebates available contact Kansas Cooley at khcooley@aep.com.
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Original text here: https://www.swepco.com/company/news/view?releaseID=10627
[Category: BizEnergy]
HPE and Spark NZ partner to Redefine Hybrid Cloud Operations to Deliver Faster, More Reliable Digital Services For New Zealand
SPRING, Texas, Dec. 16 -- Hewlett Packard Enterprise, an information technology company, issued the following news release:
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HPE and Spark NZ partner to redefine hybrid cloud operations to deliver faster, more reliable digital services for New Zealand
Strategic partnership with New Zealand's largest telecommunications provider, Spark NZ, simplifies hybrid, multicloud operations to radically improve its hybrid environment through HPE GreenLake cloud
In this article
* Spark NZ collaborates with HPE to completely overhaul telco's cloud management platform in response to surge in demand for
... Show Full Article
SPRING, Texas, Dec. 16 -- Hewlett Packard Enterprise, an information technology company, issued the following news release:
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HPE and Spark NZ partner to redefine hybrid cloud operations to deliver faster, more reliable digital services for New Zealand
Strategic partnership with New Zealand's largest telecommunications provider, Spark NZ, simplifies hybrid, multicloud operations to radically improve its hybrid environment through HPE GreenLake cloud
In this article
* Spark NZ collaborates with HPE to completely overhaul telco's cloud management platform in response to surge in demand forfast, reliable, and uninterrupted connectivity across all services
* Transforms legacy infrastructure into a modern, purpose-built hybrid cloud environment with HPE GreenLake cloud and HPE Morpheus Enterprise Software
* Multi-phase IT refresh enables Spark NZ to offer customers more control, agility, and security
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Auckland, New Zealand - HPE (NYSE:HPE) today announced that Spark NZ's implementation of a series of transformational infrastructure projects with HPE are enabling faster and more reliable hybrid cloud and managed IT services to its customers in New Zealand. The refreshed IT unlocks new streamlined and automated capabilities for the New Zealand telco.
Spark NZ wanted to completely overhaul its cloud management platform to address the significant growth in digital consumption in the country, and the surge in demand for fast, reliable, and uninterrupted connectivity across all its services. Together with HPE, Spark NZ transformed its legacy infrastructure into a modern, purpose-built hybrid cloud environment, integrating HPE GreenLake cloud and HPE Morpheus Enterprise Software to deliver scalable, unified services. This expansion allows Spark NZ to better serve its customers through improved, far-reaching connectivity, advancing novel and scalable AI solutions, and providing customers with enhanced control, agility, and security.
The modernisation has been implemented across several stages, to revolutionise Spark NZ's most vital infrastructure while maintaining a clear focus on delivering measurable outcomes to drive transformative business change for customers.
* Phase 1: To set the groundwork for the entire project, Spark NZ built the necessary hybrid cloud infrastructure leveraging HPE GreenLake as a core pillar of Spark NZ's internal processes. By unifying compute, block storage, and object storage into a single platform, Spark NZ established a scalable and efficient foundation adaptable to evolving business and customer needs.
* Phase 2 - HPE Morpheus Enterprise Software was chosen to empower Spark NZ to control on-prem private clouds, centralise public cloud access, and orchestrate change with cost analytics, governance policy, and automation. This unified approach helps streamline operations, improves visibility across cloud resources, and enables Spark to respond rapidly to changing business needs.
* Phase 3 - A new joint effort significantly expanded Spark NZ's managed service offering, strengthening the management of core platforms, hypervisors, and backups, and enhances the ability to design new and innovative solutions.
"We're incredibly proud of the partnership we have with Spark NZ and the innovations that we have delivered to evolve its capabilities and bring cutting-edge solutions to their customers," said Chris Weber, Vice President and Managing Director at HPE South Pacific. "This collaboration demonstrates the full breadth of modern solutions HPE offers, from modernising cloud infrastructure capability to enabling greater efficiency and scalability. We're excited to see how this partnership will continue to deliver outcomes in an ever-evolving landscape, and what new business opportunities we'll see once these projects mature."
The New Zealand telecommunications sector, by design, is incredibly unique, serving a vast and highly distributed network of customers, businesses, and enterprises. At the same time, increasing global pace of productivity and innovation has heightened the demand for novel solutions to meet the needs of critical national infrastructure and private business. Spark NZ's early adopter approach towards new solutions helps position New Zealand competitively on the world stage, by prioritising better customer outcomes and improved cost efficiency.
"As technology continues to evolve, business needs are changing. Relying on either public or on-premise cloud alone doesn't offer the flexibility, control, and speed that enables them to make the most of technology to improve productivity. These barriers can be overcome by hybrid cloud and that's exactly where Spark is focused," said Penny White, Business Technology Services General Manager at Spark NZ. "Our strategic partnership with HPE has not only strengthened our foundational infrastructure; it has also positioned us to continue to deliver the seamless, user-friendly experience our customers expect while unlocking increased efficiencies, tangible business outcomes and new potential capabilities to take advantage of."
The success of this transformation goes beyond the technology itself, with Spark NZ and HPE's collaboration setting a strong example of how purpose-built strategic partnerships can support businesses, drive innovation, and build a resilient, efficient, and future-ready digital economy in New Zealand.
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About HPE
HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud and networking to help organisations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimise operational performance, transform data into foresight, and maximise their impact. Unlock your boldest ambitions with HPE. Discover more at www.hpe.com.
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Original text here: https://www.hpe.com/us/en/newsroom/press-release/2025/12/hpe-and-spark-nz-partner-to-redefine-hybrid-cloud-operations-to-deliver-faster-more-reliable-digital-services-for-new-zealand.html
[Category: BizComputer Technology]
Dentons Expands Presence in Africa With Leading Firm in Cameroon
WASHINGTON, Dec. 16 -- Dentons, a law firm, issued the following news:
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Dentons expands presence in Africa with leading firm in Cameroon
Creating opportunities for global clients in one of the continent's most dynamic markets
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Dentons, the world's largest global law firm, has launched its offering with one of Cameroon's leading law firms. The announcement allows clients across the more than 85 countries where Dentons has a presence, to connect with leading legal talent with deep local knowledge of this exciting emerging market.
Kouengoua Minou Nkongho (KMN) has a 40-year history of
... Show Full Article
WASHINGTON, Dec. 16 -- Dentons, a law firm, issued the following news:
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Dentons expands presence in Africa with leading firm in Cameroon
Creating opportunities for global clients in one of the continent's most dynamic markets
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Dentons, the world's largest global law firm, has launched its offering with one of Cameroon's leading law firms. The announcement allows clients across the more than 85 countries where Dentons has a presence, to connect with leading legal talent with deep local knowledge of this exciting emerging market.
Kouengoua Minou Nkongho (KMN) has a 40-year history ofmanaging complex cross-border legal matters, servicing clients across Africa and beyond. With extensive experience across a wide range of practices areas, this expansion joins clients to leading talent in corporate law, commercial litigation, mergers & acquisitions and more.
Cameroon's role as a major transit hub positions it as a gateway for global business activity. Its wealth of natural resources has fuelled growth across the oil and gas, mining, and agricultural sectors, driving sustained demand for legal services to support this expansion. Looking ahead, continued infrastructure development and regional integration are expected to unlock even greater opportunities for investment and legal advisory across key industries.
"The launch of our presence in Cameroon strengthens our commitment to offering exceptional service for our clients in and outside of Africa," said Mohamed Zaanouni, CEO of Dentons' Africa Region. "We are excited to work with our new colleagues and help clients explore opportunities in this promising market."
"Dentons is thrilled to help build on the prestigious reputation our new team has established in Cameroon and beyond," said Kate Barton, Global CEO of Dentons. "Together, we bring a powerful combination of global experience and local expertise that enables us to deliver exceptional legal services. As Cameroon's economy continues to grow and attract international investment, we are well-placed to guide clients through emerging opportunities and complex legal landscapes."
Chart: In Africa, Dentons now has a presence in
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About Dentons
Redefining possibilities. Together, everywhere. For more information visit dentons.com
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Original text here: https://www.dentons.com/en/about-dentons/news-events-and-awards/news/2025/december/dentons-expands-presence-in-africa-with-leading-firm-in-cameroon
[Category: BizLaw/Legal]
BAE Systems Awarded Korea Aerospace Industries Contract to Equip KF-21 Aircraft With New Identification Friend or Foe Systems
ARLINGTON, Virginia, Dec. 16 -- BAE Systems issued the following news release:
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BAE Systems awarded Korea Aerospace Industries contract to equip KF-21 aircraft with new Identification Friend or Foe systems
Combined Interrogator Transponder brings enhanced command and control capabilities to fifth-generation fighter aircraft
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BAE Systems has received an $11 million contract from Korea Aerospace Industries (KAI) to integrate the AN/APX-127(V)1 Combined Interrogator Transponder (CIT) on KF-21 Boramae aircraft. The latest Identification Friend or Foe (IFF) system enables enhanced decision-making
... Show Full Article
ARLINGTON, Virginia, Dec. 16 -- BAE Systems issued the following news release:
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BAE Systems awarded Korea Aerospace Industries contract to equip KF-21 aircraft with new Identification Friend or Foe systems
Combined Interrogator Transponder brings enhanced command and control capabilities to fifth-generation fighter aircraft
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BAE Systems has received an $11 million contract from Korea Aerospace Industries (KAI) to integrate the AN/APX-127(V)1 Combined Interrogator Transponder (CIT) on KF-21 Boramae aircraft. The latest Identification Friend or Foe (IFF) system enables enhanced decision-makingcapabilities to distinguish between allied forces and potential threats in contested scenarios.
Made for tactical aircraft, the CIT design ensures ongoing versatility to meet current and future mission requirements and support the warfighter in the evolving battlespace. Its open-system architecture allows for software upgrades, reducing the risk and cost associated with hardware modifications. It provides advanced, multi-function capabilities while supporting the latest crypto, anti-jam, and cybersecurity resilience requirements.
"The APX-127 Combined Interrogator Transponder will equip the KF-21 aircraft with state-of-the art IFF to help bolster the Republic of Korea's national defense strategy," said Seth Guanu, Combat Identification Products program area director at BAE Systems. "This new system gives fifth-generation fighter pilots an edge in air superiority missions and allows them to maintain interoperability with U.S. and coalition partners."
With the same form factor, the AN/APX-127(V)1 is a drop-in replacement for the AN/APX-126(V) CIT currently fielded on the KF-21. It is Mark XIIB IFF certified with Mode S and Mode 5 for secure and encrypted data exchange. The upgraded system enhances situational awareness for warfighters with additional receive channels for passive acquisition of Mode 5 Level 2 and Automatic Dependent Surveillance - Broadcast In to detect and identify friendly aircraft in complex and dynamic environments.
Leveraging advanced technology and architecture, BAE Systems' next-generation IFF solutions address obsolescence and increase processing capacity to enable future capability needs. With more than 80 years of experience, the company has delivered over 1,500 interrogators, 6,000 combined interrogator transponder systems, and 16,000 transponders. IFF products are available for all service branches and support the U.S. and coalition forces in air defense, weapon systems, air traffic control, and range instrumentation.
Work on the AN/APX-127(V)1 CIT is performed at BAE Systems' facilities in Greenlawn, New York and Austin, Texas. The KF-21 CIT units are expected to be delivered to KAI for integration and certification in 2026.
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Original text here: https://www.baesystems.com/en/article/bae-systems-awarded-korea-aerospace-industries-contract-to-equip-kf-21-aircraft-with-new-identification-friend-or-foe-systems
[Category: BizNational Defense]
