Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
CHANTILLY, Va., Aug. 14, 2017 -- AMERICAN SYSTEMS, a leading government engineering, IT, and Training solutions provider, today announced that it was one of five companies awarded a position on a five-year $250 Million Contract to provide aviation training services in support of Security Assistance programs for the U.S. Army’s Security Assistance Training Management Organization (SATMO).
The SATMO program is a component of the U.S. Security Cooperation Enterprise that prepares, deploys, and sustains Security Assistance Teams (SATs) throughout the world. SATMO, a subordinate command of the U.S. Army Security Assistance Command (USASAC) was initiated in the early 1970s by the U.S. Army and conducts training worldwide in support of Department of Defense and Department of State Security Cooperation plans and programs.
Under the terms of the contract, AMERICAN SYSTEMS will provide agile, specialized, and cost-effective SATs to facilitate aviation security assistance programs. Services performed will include basic flight crew skills, highly technical flight skills, operational planning skills, and maintenance technical advice and assistance. Work locations under this contract may include Afghanistan, Indonesia, Iraq, Turkey, Tunisia, Taiwan, Korea, and other locations based upon emerging U.S. Government requirements.
“AMERICAN SYSTEMS is proud to have the opportunity to continue our decade-plus of supporting this important program,” said Peter Smith, President and CEO of AMERICAN SYSTEMS. “It is an honor to partner with the U.S. Army to help fortify our foreign allies’ warfighters in our common fight against evildoers worldwide.”
About AMERICAN SYSTEMS
Founded in 1975, AMERICAN SYSTEMS is a government Engineering, IT, and Training solutions provider and one of the top 100 employee-owned companies in the United States, with approximately 1,300 employees nationwide. Based in the Washington, D.C., suburb of Chantilly, VA, the company provides Test and Evaluation; Acquisition and Lifecycle Support; Engineering and Analysis; Enterprise IT; and Training solutions to DOD, Intel, and civilian government customers. For more information, visit: www.AmericanSystems.com.
Contact: Michael Dolton 703.968.5287 [email protected]
