Development will support over 80 major jet engine overhauls per year

FORT LAUDERDALE, Fla. - Wednesday, September 14th 2016 [ME NewsWire]

(BUSINESS WIRE)-- CTS Engines, the global independent leader for mature jet engine maintenance, announced today that it had signed an LOI to acquire property contiguous to its existing engine service center, allowing CTS to increase its engine overhaul throughput by over 40%. The new building, located just north of the current facility, will house the company’s near-term inventory and shipping, allowing for an additional five engine overhaul bays to be built in the company’s existing shop floor space.

“It is no secret that CTS has experienced rapid growth over the past five years, thanks to our great team, exceptional build quality, and strong customer commitment,” said Brian Neff, CTS’s Chief Executive Officer. “Our expansion into the new building is the natural evolution of this growth, ... Read more »

COLOMBES, France - Wednesday, September 14th 2016 [ME NewsWire]

(BUSINESS WIRE)-- OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces it has posted strong business and financial performance across the board for the first half 2016:

    Group revenue at €546.5m, up 7.6% at constant rates driven by our FSI (Financial Services Institutions) and CAI (Citizen Access & Identity) businesses
    Gross Margin expansion year-on-year despite FX rate impact, +45bps (+189bps in Q2)
    Group EBITDA continues to increase to 15.4%, up 4.4% (+13.3% in Q2)

Didier Lamouche, CEO of OT, said: “Our first half performance was very solid with improved profitability. We were particularly pleased with our very strong revenue growth demonstrating that we continue to outperform the industry and to gain market share. We were also pleased with the ... Read more »

Best-in-class certification now available for practitioners based on the Capability Maturity Model Integration (CMMI)®, the global standard for performance improvement and high maturity

PITTSBURGH - Wednesday, September 14th 2016 [ME NewsWire]

(BUSINESS WIRE)-- CMMI® Institute announces a new certification for professionals seeking to advance their performance improvement expertise. Thousands of organizations around the world like GE Aviation, Hewlett Packard, Honeywell, IBM, Infosys, Raytheon, Samsung and the US Air Force have utilized CMMI to build capability in their processes, people, and technology to deliver results. Recognizing that top employers look for candidates who possess the advanced knowledge, experience, and abilities necessary to drive organizational performance and profitability, the Certified CMMI Professional program gives individuals a way to maintain their competitive edge.

Based on the globally-adopted capability improvement fra ... Read more »

WASHINGTON - Wednesday, September 14th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Klas Telecom announced today that the TRX Connected Transportation Platform is an open architecture, comprehensive service enablement platform built upon a modular design principle that creates unparalleled flexibility and lower cost of system ownership for railway operators and original equipment manufacturers (OEMs). TRX comprises a range of rail-certified onboard communications gateways/servers and Cisco-based switches, and runs on a powerful Klas-designed operating system and hypervisor software. Through extending the power of Cisco IOS network technology to the edge of the rail architecture, TRX turns rolling stock into rolling data centers and enables trusted, enterprise-grade security at the network edge.

The company will showcase TRX at one of the world’s largest railway trade fairs, InnoTrans, taking place next week, September 20 - 23, 2016. You can view the company’s onl ... Read more »

Maritime customers to enjoy seamless global roaming through new fully-customisable and scalable managed service

LUXEMBOURG - Wednesday, September 14th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced the launch of its global SES Maritime+ service that will deliver high-speed connectivity to vessels traversing oceans.

SES Maritime+ will enable maritime customers to have easy access to customisable bandwidth and coverage packages, ensuring satellite capacity is effectively utilised. Vessels traversing the oceans will be offered seamless roaming, leveraging SES’s global fleet of over 50 satellites, extensive ground infrastructure of over 20 teleports and more than 6,000 points of presence.

The managed connectivity service combines SES’s global network infrastructure and hybrid satellite capacity with the latest technology from VT iDirect, enabling SES customers to deliver a complete platform solu ... Read more »