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GE Aerospace and Kratos Partner on Small Affordable Engines

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Agreement covers development and production of small affordable engines for possible use in unmanned aerial systems, collaborative combat aircraft, and similar applications

FARNBOROUGH, England, July 22, 2024 /PRNewswire/ — GE Aerospace (NYSE:GE) and Kratos Turbine Technologies, a division of Kratos Defense & Security Solutions, Inc., signed a Memorandum of Understanding to partner on the development and production of small affordable engines that could potentially power unmanned aerial systems (UAS), collaborative combat aircraft, and similar applications. The partnership builds on an existing joint development agreement and includes full-scale engine production.

For the last year, GE Aerospace and Kratos have been working together on a small affordable engine. The engine initially was developed and ground tested by Kratos. Under the existing joint agreement, GE Aerospace and Kratos completed additional development efforts and are now conducting tests on the engine. The team plans to continue development on the current engine, which will undergo altitude testing next year at GE Aerospace’s test cell in Evendale, Ohio.

Amy Gowder, President and CEO, Defense & Systems at GE Aerospace said, “Our defense customers have a growing interest in small affordable engines to meet their evolving mission requirements. Our initial collaboration has been very successful, and this agreement furthers our efforts in this new dynamic military segment.”

Eric DeMarco, President & CEO of Kratos Defense & Security Solutions, Inc., said, “Kratos has made significant investments in the development of our family of small, low-cost jet engines for jet powered drones, missiles, and powered munitions that lead in technology and capability. We consider our relationship with GE Aerospace as invaluable based on our expectation and forecast for the potential future production of thousands of turbofan engines for multiple customers.”

Each company brings unique expertise to the partnership. Kratos has more than 20 years of experience in the development and production of small affordable jet engines for UAS, drones, and missiles. GE Aerospace has more than 100 years of experience in the development and scaling up of high-volume production for jet engine programs for a seamless transition from development to production.

About GE Aerospace  
GE Aerospace (NYSE: GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital, and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule, and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of GE Aerospace and Kratos, respectively, and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and GE Aerospace and Kratos undertake no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although GE Aerospace and Kratos believe that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the parties in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 31, 2023, the “Risk Factors” section of the Quarterly Report on Form 10-Q of GE Aerospace for the quarter ended March 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by GE Aerospace and Kratos, respectively.

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SOURCE GE Aerospace

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Invisors recognised as one of the UK’s Best Workplaces in Consulting and Professional Services™

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GLASGOW, Scotland, Sept. 27, 2024 /PRNewswire/ — The 2024 UK’s Best Workplaces in Consulting and Professional Services ™ list was revealed by Great Place To Work® UK, recognising Invisors among the list of organisations in the small category. Invisors’ employees anonymously reported that the resources, dedication and integrity make the company a great place to work.

The Best Workplaces in Consulting and Professional Services™ list is created using the anonymous feedback from employees working in the industry about their workplace experience. These firms cover a diverse range of knowledge intensive roles, from legal services to management consultancy, engineering, marketing and advertising, telecoms, real estate, recruitment and travel management to name a few.

“Being named on the UK’s Best Workplaces in Consulting & Professional Services™ 2024 is something we are incredibly proud of,” shares Matt Smith, EMEA Commercial Lead at Invisors. “Consulting and providing the best Workday solutions to our clients is at the core of our philosophy and being recognised in this space is important and testimony to the work our team does every day.”

Great Place To Work® UK administered their research-backed Trust Index© employee survey and analysed the responses of UK-based consulting and professional services employees to determine the Best Workplaces™ list. The surveys asked employees to comment on how their company supports their work-life balance, sense of fulfilment, job satisfaction, psychological safety and financial security. Evaluations also included an assessment of how well the organisation was able to deliver consistency of their employee experience across all departments and seniority levels.

Analysis of the sector employee survey responses found that 93% of employees at the UK’s Best Workplaces for Consulting & Professional Services say “Taking everything into account, I would say this is a great place to work” compared to a UK average for sector of 69%.

Benedict Gautrey, Managing Director of Great Place To Work® UK said:

“By viewing employees as their greatest asset, leaders of these top-performing Consulting and Professional Services organisations work to ensure their projected employer image is aligned with employees’ real, lived experiences of the workplace. Best Workplaces recognise the vital role reputation plays in driving overall brand and business success – understanding that people (candidates, colleagues and customers) are a brand’s most critical touchpoints. It’s great to see so many examples of organisations making their workplaces truly ‘great’. A huge congratulations to Invisors for making it onto this list.”

In addition to Invisors’ recognition as one of the UK’s Best Workplaces in Consulting, the company has also been certified a Great Place to Work and named on GPTW’s Best Workplaces for Development UK List and Best Workplaces for Women UK List.

About Invisors 

As a certified Workday Services Partner, Invisors helps customers utilize their organizational data to make better-informed business decisions through the deployment of Workday. With a focus on delivering exceptional client experiences, Invisors helps organizations unlock the full potential of their Workday investments. We believe the most important measure of our team’s success is our client’s ability to achieve their big-picture vision. From initial deployments to ongoing projects, we are focused on elevating perspectives + transforming results. Learn more by visiting invisors.com.

Invisors is a consulting firm specializing in Workday implementations and support services. The company’s innovative approach and commitment to excellence have established Invisors as a trusted advisor in the industry.

About Great Place To Work®

Great Place To Work® is the global authority on workplace culture, on a mission to make every company a great workplace for all. Every year, they receive direct feedback from over 10 million workers around the world telling us how they really feel about their employer. Their survey is completely confidential and anonymous, so people can feel comfortable to be honest about their workplace and companies can gain detailed insights into how they can better serve their people.

Only those employers who have the highest levels of trust, job satisfaction and who empower ALL their employees to thrive both in and outside of work are awarded official Best Workplaces™ recognition.

Logo – https://mma.prnewswire.com/media/1446927/Invisors_Logo.jpg 

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Maryland Small Business Owner Brynne Krispin Honored as One of The Daily Record’s Leading Women Under 40

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The list highlights dynamic young women who are making significant contributions to their communities and industries

FREDERICK, Md., Sept. 27, 2024 /PRNewswire-PRWeb/ — Cause Fokus is proud to announce that its Founder and CEO, Brynne Krispin, has been recognized by The Daily Record as one of this year’s Leading Women Under 40. This prestigious award highlights dynamic young women who are making significant contributions to their communities and industries, excelling in their professions, and setting an example for the next generation of leaders.

“This recognition reflects the hard work and passion I have for supporting leaders who are making a difference in the world.” – Brynne Krispin, Founder and CEO, Cause Fokus

Brynne Krispin’s recognition is a testament to her dedication to empowering social impact organizations through Cause Fokus, a social media agency specializing in thought leadership and personal branding for purpose-driven executives.

In just one year, Krispin’s unwavering dedication and strategic acumen propelled Cause Fokusto unprecedented heights. Under her guidance, the agency experienced extraordinary growth, expanding its revenue by 238%.
Furthermore, Krispin’s commitment to fostering a supportive and inclusive work environment has been evident in her efforts to expand her remote team from 2 to 10 members. Knowing the social media industry has one of the [highest burnout rates, she remains committed to building a culture where innovation, curiosity, and work-life balance flourish.

Krispin’s impact extends far beyond the realm of business. As a single parent and active member of her community in Frederick, MD, she “embodies the values of compassion, empathy, and social responsibility,” according to the Leading Women Under 40 award.

In addition to her professional endeavors, Krispin generously volunteers her time and expertise, serving on the board of the Friends of the Child Advocacy Center and is a member of the Frederick Key City Rotary Club, Walkersville Business & Professional Association, and Washington Women in PR. Her dedication to giving back underscores her deep-rooted commitment to making a meaningful difference in the lives of others.

“I am incredibly humbled and honored to be included in this group of inspiring women,” said Krispin. “This recognition reflects the hard work and passion I have for supporting leaders who are making a difference in the world. I believe that telling their stories with empathy and compassion can truly transform how we drive change, and I’m grateful to be part of that journey.”

The Daily Record’s Leading Women Under 40 award recognizes not only professional achievements but also dedication to community involvement and mentorship. Krispin’s work with Cause Fokus is deeply aligned with these values, as the agency continues to provide essential support to leaders in the nonprofit and social impact sectors.

While working as a social media manager at International Justice Mission in Washington, DC, Krispin started noticing this trend: the social media campaigns that integrated a personal account in addition to the brand’s social accounts produced the highest results. “People want to connect with people, not a logo,” Krispin said.

Following a mix of instincts and data, Krispin began testing and experimenting with social media strategies that leverage the influence and credibility of individuals rather than just a company’s brand.

“With the rise of thought leadership and the importance of building an executive presence online, it became clear that the more we tapped into an individual’s expertise – their stories, perspectives, and experience – the faster we saw audience growth, engagement, and brand loyalty increase.

“As we enter into a new era of AI, deep fakes, and feeling overwhelmed by the options that are available to us online, the more we’re seeing people crave real, authentic human connection with leaders they know and trust. This isn’t a trend that’s going away – it’s the future of social media,” Krispin said.

Cause Fokus was also honored as one of DC’s Top 10 Best New Advertising Startup Revolutionizing the US Market by BestStartUp.com in January 2024.
Since its founding in 2022, Cause Fokus has helped hundreds of leaders in the social impact sector build their online presence, amplify their voices, and elevate their impact in the communities they serve.

For more information about Cause Fokus and its mission, visit causefokus.com or connect with Brynne on LinkedIn.

About Cause Fokus
Cause Fokus is a social media agency focused on helping mission-driven leaders and organizations build their thought leadership and executive presence online. By offering strategic content, community management, and consulting, Cause Fokus helps leaders turn their passive social media audiences into loyal advocates.

Media Contact

Amy Tarnoviski. Partnerships Coordinator, Cause Fokus, (240) 273-1561, amy@causefokus.com, https://causefokus.com/

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SOURCE Cause Fokus

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Mercy Executive Named Among Top Data/AI Leaders in Nation

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ST. LOUIS, Sept. 27, 2024 /PRNewswire/ — Mercy’s industry-leading work in data and artificial intelligence has placed Byron Yount, PhD, chief data and AI officer and vice president of transformation operations, in good company with two prestigious organizations – the Gartner Research Board and Artificial Intelligence 150 (AI150) by Constellation Research. Both groups recognize innovative leadership from around the world in the fast-growing area of AI.

“It’s humbling to be listed among the leading voices in AI, and a testament to Mercy’s long commitment to innovation.”

Yount first joined the St. Louis-based health system in 2014 and has served in his current role since September 2023. He has been instrumental in Mercy’s development and use of AI to improve patient care by tapping into more than a decade of de-identified data in electronic health records. He has also been key in the collaboration with Mayo Clinic, as Mercy became the first health system to join the Mayo Clinic Platform_Connect.

The Gartner Research Board (GRB) brings together the most influential business leaders into a global forum in which members can test their thinking, gain a comprehensive view of the future and accelerate their impact. Mercy’s Yount is now one of many representing large-scale organizations that are part of this exclusive board, which are comprised of Fortune 500 organizations leading their respected industries.

The 2024 Constellation Research AI150 is an elite list of executives leading AI transformation efforts around the globe. In the inaugural year for the list, nominations from peers, industry influencers, technology vendors and analysts were included in a six-month selection process. Each executive on the list demonstrates an understanding of how the business environment is transforming in response to digital and exponential technologies –technologies that double in capability or performance over a short period of time – and are actively preparing their companies to excel during and after the transformation. 

“It’s humbling to be listed among the luminaries and leading voices in AI from around the world, and a testament to Mercy’s long commitment to digital innovation,” Yount said. “AI is becoming increasingly common, vital and advanced for all industries. I’m proud to work with a world-class team dedicated to harnessing its power to create a meaningful, equitable impact for our patients and care teams.”

“This rapidly evolving field has pioneers, policy shapers and practitioners that will transform industries,” noted R “Ray” Wang, founder and CEO at Constellation Research. “The AI150 is our attempt of identifying a small slice of the innovators and change agents who are making substantial contributions to the advancement of this revolution.”

Mercy is a founding member of Coalition for Health AI (CHAI), an organization whose mission is to be the trusted source of guidelines for responsible AI in health. Yount worked with other CHAI members to draft an AI Assurance Standards Guide, recently released, which provides considerations to ensure standards are met in the deployment of AI in health care.

Mercy, one of the 20 largest U.S. health systems and named the top large system in the U.S. for excellent patient experience by NRC Health, serves millions annually with nationally recognized care and one of the nation’s largest and highest performing Accountable Care Organizations in quality and cost. Mercy is a highly integrated, multi-state health care system including more than 50 acute care and specialty (heart, children’s, orthopedic and rehab) hospitals, convenient and urgent care locations, imaging centers and pharmacies. Mercy has over 900 physician practice locations and outpatient facilities, more than 4,500 physicians and advanced practitioners and 50,000 co-workers serving patients and families across Arkansas, Kansas, Missouri and Oklahoma. Mercy also has clinics, outpatient services and outreach ministries in Arkansas, Louisiana, Mississippi and Texas. In fiscal year 2023 alone, Mercy provided more than half a billion dollars of free care and other community benefits, including traditional charity care and unreimbursed Medicaid.

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SOURCE Mercy

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