DEFENSE AND SPACE

Elbit Systems Awarded $69 Million Contract to Provide EW Systems to a Country in Asia-Pacific

Elbit Systems Ltd. | May 31, 2022

Elbit Systems
Elbit Systems Ltd. announced that it was awarded a $69 million contract to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific. The contract will be delivered over a period of three years.

Oren Sabag, General Manager of Elbit Systems ISTAR & EW, said: "We witness a growing demand for our EW capabilities as militaries around the world increasingly recognize the importance of dominating the electromagnetic spectrum."

About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

Spotlight

Learn how SAP Digital business Services (formerly knowns as SAP Services & Support), is helping American Airlines create a new organization after their merger with the US Airways, by integrating and deploying various SAP solutions including SAP SuccessFactors, and helping them deliver better value to their end customers.

Spotlight

Learn how SAP Digital business Services (formerly knowns as SAP Services & Support), is helping American Airlines create a new organization after their merger with the US Airways, by integrating and deploying various SAP solutions including SAP SuccessFactors, and helping them deliver better value to their end customers.

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BUSINESS AVIATION

Alaska Airlines makes significant investment in sustainable aviation fuel

Alaska Airlines | August 04, 2022

Alaska Airlines announcedvit has finalized an agreement with biofuel company Gevo Inc., to purchase its most significant sustainable aviation fuel offtake commitment to date – 185 million gallons of SAF over five years starting in 2026. This agreement was developed alongside others in the oneworld alliance. "Using sustainable aviation fuel is a significant part of Alaska's five-part path to reach net zero carbon emissions, and alongside others in the oneworld alliance, we are committed to creating a more sustainable future for aviation. SAF is the most immediate path we have toward decarbonization of aviation, but we recognize there is significant work required ahead – including public policy action – to make SAF a viable, affordable option at scale." Diana Birkett Rakow, senior vice president of public affairs and sustainability at Alaska Airlines "Alaska is proud to play a role in advancing this critical market for sustainable aviation fuels," said Ann Ardizzone, vice present of supply chain at Alaska Airlines. "Making SAF commercially viable at scale requires strong partners and action on all fronts. We appreciate the partnership of suppliers like Gevo in tackling this challenge." In April 2021, Alaska announced the company's commitment and roadmap to achieve carbon net zero by 2040, and established a five-part path to achieve that goal. The path includes operational efficiency, fleet renewal, sustainable aviation fuel, electric or hybrid-electric aircraft over the long term and credible carbon offsets only as needed to achieve our targets if technology does not advance fast enough to close the gap without. Of this path, sustainable aviation fuel provides the greatest opportunity to decarbonize in the near and medium term, and Alaska has been working for over a decade to first test and then use SAF. In 2016, Alaska and Gevo made history by flying the world's first commercial flight using forest residuals from Seattle-Tacoma International Airport to Reagan National Airport in Washington, D.C., powered by a 20 percent blend of SAF. Today, Alaska is using SAF in its operations in California and works with multiple producers and other partners to use and facilitate the development of additional SAF supply in the future. Alaska's most recent ESG report – its Care Report – outlines more detail on its goals and progress, and details specific challenges and actions needed to advance SAF. In September 2020, oneworld became the first global airline alliance to announce a target of carbon neutrality by 2050, establishing its commitment to long-term sustainability for the industry. The alliance followed up that commitment with an intermediate goal to achieve 10% SAF use across the member airlines by 2030. About Alaska Airlines Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico, low fares and award-winning customer service. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group. About Gevo Gevo's mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo's products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo's technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo's ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that it possesses the technology and know-how to convert various carbohydrate feedstocks through a fermentation process into alcohols and then transform the alcohols into renewable fuels and materials, through a combination of its own technology, know-how, engineering, and licensing of technology and engineering from Axens North America, Inc., which yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business. Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.

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BUSINESS AVIATION

Lufthansa Technik Selects Icertis to Transform Contract Management

Lufthansa Technik | September 01, 2022

Contract intelligence company Icertis announced that Lufthansa Technik AG, the aircraft maintenance business of the Lufthansa Group, has selected Icertis Contract Intelligence (ICI) as its enterprise-wide contract lifecycle management (CLM) solution. The company plans to integrate the Icertis platform with its existing SAP CX solution to strengthen sales and improve compliance, risk management, and efficiency. Lufthansa Technik joins a growing list of companies in the aviation space, including several of the world's top manufacturers and airlines, using Icertis to transform contract management.Lufthansa Technik is one of the world's leading providers of aircraft maintenance, repair and overhaul, and modification services, managing more than 4,500 aircraft under an exclusive contract. Like many companies, Lufthansa Technik is challenged with increasing uncertainty and competition, particularly as the aviation industry recovers from the effects of the COVID-19 pandemic. As a result, Lufthansa Technik sought solutions to accelerate business transactions and reduce process complexity. "The Icertis Contract Intelligence platform and the company's deep partnership with SAP will deliver new insights and automated processes for our sales team to speed the drafting and negotiation of contracts. These efficiencies and insights are particularly valuable during economic fluctuations and will help to drive revenue, reduce risk exposure, and gain transparency into the performance of contracts," Kai-Stefan Roepke, Vice President Corporate Sales EMEA, Lufthansa Technik AG. Using the AI capabilities in Icertis Contract Intelligence, Lufthansa Technik will digitize the entire contracting process, structure the data in contracts, and connect this critical business data with operational systems. ICI will integrate directly into Lufthansa Technik's SAP CX system, providing enterprise efficiencies and operational intelligence. The initiatives will extend business insights to more than 1,300 users and help ensure that the intent of every contract is correctly memorialized and fully realized. "By choosing Icertis' CLM solution, Lufthansa Technik can have continuous information flow throughout sales opportunities, providing teams with better information, improving forecast accuracy, and achieving more efficient customer management. This contract management transformation will both advance the organization's business and benefit the travel industry ecosystem overall," explained Roman Howe, Icertis Vice President of Customer Advocacy, Europe. About Lufthansa Technik AG With some 35 subsidiaries and affiliates, the Lufthansa Technik Group is one of the leading providers of technical aircraft services in the world. Certified internationally as maintenance, production, and design organization, the company has a workforce of more than 22,000 employees. Lufthansa Technik's portfolio covers the entire range of services for commercial and VIP/special mission aircraft, engines, components and landing gear in the areas of digital fleet support, maintenance, repair, overhaul, modification, completion and conversion as well as the manufacture of innovative cabin products. About Icertis With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what's possible with contract lifecycle management (CLM). The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Today, the world's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million+ contracts worth more than $1 trillion in 40+ languages and 90+ countries.

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BUSINESS AVIATION

Jalan-Kalrock Consortium Selects IBS Software to Power Passenger Service, Booking, and Loyalty Systems for Jet Airways

IBS Software | August 08, 2022

The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways. This selection will provide a range of technology platforms to support Jet Airways' relaunch as a people-focused airline for the digital age. As technology partner, IBS Software will deliver cutting-edge capabilities in passenger service systems (PSS) encompassing bookings, inventory and revenue management, departure control system, loyalty management, as well as a latest generation website and mobile app, designed to optimize the entire passenger and retail experience. Jet Airways is set to relaunch commercial operations in September 2022. "Jet Airways is coming back determined to take technology, services, and customer experience to a new level. Technology with a human touch is at the heart of everything we want to achieve, starting with getting the basics right by addressing recurring pain-points in the customer journey, both online and at the airports, while also addressing the pain-points commonly faced by airline staff," said Sanjiv Kapoor, Chief Executive Officer for Jet Airways. "In IBS Software, we found an ideal partner with the experience and expertise required to deliver the technology platforms and collaboration that will help us deliver on our promise to bring back an even better Jet Airways to those eagerly awaiting its relaunch, as we enter an exciting new era for the airline." "Jet Airways is one of India's most-loved airlines and it is an absolute privilege to play a part in its highly anticipated relaunch. Air passengers in India will not only regain a hugely popular brand, they will also benefit from Jet Airways' vision to use cutting-edge technology to become a people-focused, customer-first airline updated for the digital age. Jet Airways is committed to putting technology at the heart of its entire operations, and we're thrilled to partner with their visionary team to continue to change the face of the airline experience in India and beyond." Anand Krishnan, CEO, IBS Software About IBS Software IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS Software also runs a real time B2B and B2C distribution platform providing hotel room inventory, rates and availability to a global network of hospitality companies and channels. For the tour and cruise industry, IBS provides a comprehensive customer-centric, digital platform that covers onshore online and on-board solutions, and IBS provides logistical solutions for the energy & resources industry. IBS Software is a Blackstone portfolio company and operates from 15 offices across the world. About Jet Airways Launched in 1993, Jet Airways grew to become synonymous with premium air travel for discerning travellers in India. Before it suspended operations in April 2019, Jet Airways flew to over 65 destinations in India and across the world with 124 narrow-body and wide-body aircraft. Jet Airways is being revived under the Insolvency and Bankruptcy Code as per the National Company Law Tribunal approved resolution plan of Jalan-Kalrock Consortium. In a first in Indian aviation history, an airline is being revived under its own name after being grounded for an extended period. Well-capitalised and led by seasoned industry professionals, Jet Airways in its new avatar will be India's most people-focused and customer-friendly airline, updated for the Digital Age. It will be a 'smart' full-service carrier with a two-class cabin configuration, including a business class cabin designed to global standards and an evolved new-generation economy class that offers today's customers what they most value.

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