Moorestown, NJ – According to New Jersey Business magazine, “Lockheed Martin, with large facilities in Moorestown (in addition to other locations in the state), has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.”
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Trenton, NJ - Joined by state, federal, and local officials, Acting Governor Kim Guadagno, chair of the New Jersey Military Installation Growth and Development Task Force (Task Force), released the Task Force’s final report and includes STEM education as well as innovation to growth the NJ sector.
Newark, NJ - The New Jersey Innovation Institute (NJII), an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners, hosted 60 companies and public officials at the NJ MarketShift Design Forum 2.0 on Friday, June 12, 2015 at the Forsgate Country Club. Attendees gave the program high ratings overall for innovation management workshops, collaboration strategies, web platform demonstrations and business value.
Trenton, NJ - For several decades, New Jersey has been home to many of the top military contractors in the United States. Not only do these Garden State companies provide products and technologies to various US defense sectors and allies, they are also constantly pushing the envelope of innovation to meet – and often exceed – the needs of their customers. In this article, New Jersey Business looks at a small portion of defense contractors in the state whose products and projects show that New Jersey is a leading market for innovation.
Newark, NJ - Work in the defense industry? Looking to diversify your product lines or pick up some strategic planning tips? The New Jersey Innovation Institute’s (NJII) MarketShift program is holding a number of aerospace and defense industry events this summer that can help your business.
Washington D.C. - "Technology has potential to radically improve our lives." That is the last line in Congressman LoBiondo's recent OpEd in the Courier Post. He discussed the importance in investing aerospace technologies and the United States as well as New Jersey are ready to lead in their industry. Below is his original article.
Galloway Township, NJ - The Stockton Aviation Research & Technology Park, an auxiliary organization of Stockton University, today assumed the lease of 58 acres in Egg Harbor Township, with plans to kick off development by the end of the year.
Newark, NJ - The New Jersey Innovation Institute (NJII), an NJIT corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners, will host the NJ MarketShift Design Forum 2.0 on Friday, June 12, 2015 from 8:30 a.m. – 1:00 p.m., at the Forsgate Country Club.
Washington D.C. - According to Babette Boliek, "Drones are hot. The possibility of a drone-filled future fires the imagination. Packages, papers and even groceries might be (and in some areas, are currently) delivered by drones. Farmers already use drones to survey their crops, spray fertilizer and pesticides, and efficiently allocate other scarce resources. Beyond such private uses, it is also easy to see how drones will contribute to the public good – whether scanning for forest fires or tracking poachers in Africa, there is tremendous untapped potential for drones to protect lives and property. In order for these potential benefits to materialize, however, innovators and entrepreneurs need space. Unfortunately, when it comes to drones (and so many other new technologies), regulators seem reluctant to provide the needed leeway."
Trenton, NJ - Exelis and L-3 Platform Integration are partnering to provide cutting-edge electronic self-protection capabilities for the U.S. Air Force Special Operations Command’s (AFSOC) AC/MC-130J Commando II aircraft. The team’s combined experience in electronic warfare (EW) and platform integration will allow rapid development of a highly advanced yet low-risk solution to protect Air Force special operations aviators from the evolving radio frequency threats they face in their global missions.
Newark, NJ - The New Jersey Manufacturing Extension Program, Inc. (NJMEP) is partnering with the New Jersey Institute of Technology (NJIT) / the New Jersey Innovation Institute (NJII) and the Federal Government to host two executive training conferences. This new initiative program, called MarketShift, was developed in response to the extension of the Budget Sequestration of 2013.
Washington D.C. - According to a new report by the National Science Board (NSB), in 2010, 16.5 million individuals indicated that their job required at least a bachelor's degree level in a STEM field. The 2014 report titled, Revisiting the STEM Workforce explains there are many positions that require STEM that have traditional thought of as STEM jobs such as sales, marketing, and management. The NSB is the policymaking body for the National Science Foundation and has made several recommendations to strengthen the U.S. stem workforce.
West Milford, NJ – According to David Zimmer of the Record, “A new commercial enterprise is buzzing around North Jersey skies. In a process he described as painfully arduous, township resident Frank Galella and his Lincoln Park-based Next Generation Aviation Services recently gained federal approval to commercially operate unmanned aircraft systems (UAS).”
Somerset, NJ – The Mid-Atlantic Aviation Coalition (MAAC) recently announced the dates for its 20th Annual New Jersey State Aviation Conference. Featuring an expanded format for the second year, the conference combines a traditional symposium with a day at a New Jersey airport facility. According to MAAC President, Frank Steinberg, “The two-day conference encourages greater participation by offering attendees a symposium on the first day, followed by a value-added, airport-based event on the second day.”
Newark, NJ - The New Jersey Innovation Institute, (NJII), an NJIT Corporation that applies the intellectual and technological resources of the state’s science and technology university to challenges identified by industry partners, introduced the NJ MarketShift Design Forum on March 20, 2015.
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