Modern MFG Services, Inc., Wholly Owned Subsidiary, and Consortium is Awarded a $53MM+ SPARTAN USV for the Navy.Business Editors SILVERDALE, Wash.--(BUSINESS WIRE)--Dec. 03, 2002 Modern MFG MFG Manufacturing MFG Manufacturer MFG Mit Freundlichen Grüßen (German: With Best Regards) MfG Mitfahrgelegenheit (German) MFG Marithe Francois Girbaud (French clothing company) Services, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MMFS MMFS Manufacturing Messaging Format Standard MMFS Manual of Monetary and Financial Statistics (IMF) ) wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. : Integrated Maritime Platforms International, Inc. (IMPII) has received initial draw down funding of $48,000 to start the SPARTAN USV USV Unterbrechungsfreie Stromversorgung (German; uninterruptible power supply) USV Unmanned Surface Vehicle USV United States Volunteers (Civil War) USV Universal Steering Vector USV US Visits System project. IMPII is a one-quarter equal partner with two major defense contractors and a Navy lab. This ACTD ACTD Advanced Concept Technology Demonstration/Demonstrator (US DoD) ACTD A Call to Duty (Star Trek) ACTD Advanced Concept Technical Demonstration ACTD Australian Conference of TAFE Directors named: SPARTAN ("remotely controlled boats") is a research and development project funded to $53MM+. The final 7-meter SPARTAN could eventually total several hundred boats, will be the USV (unmanned surface vehicle The term unmanned surface vehicle (USV) refers to any vehicle that operates on the surface of the water without a crew. USVs have been tested since World War II but have been largely overshadowed. ) outfitted on every 21st Century Navy's DD(X) ships. The SPARTAN consortium was developed to accelerate a Naval project through direct commercial businesses. Chief of Naval Operations chief of naval operations n. pl. chiefs of naval operations Abbr. CNO The ranking officer of the U.S. Navy, responsible to the secretary of the Navy and to the President. : Adm. Vern Clark Admiral Vernon E. Clark USN (Ret.) was the Chief of Naval Operations (CNO) in the United States Navy. He retired 22 July 2005, making his tenure of five years the second-longest serving CNO behind Arleigh Burke. and the Spartan Program Manager: Vic Ricci want to accelerate this program so the present fleet can have the SPARTAN as soon as possible. Roger Janssen, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Modern said, "This project is part of the new 21st century Navy and implementing new technologies and ideas will minimize risk to people and ships." An informative recent article was published in the October 18-21 issue of Defense News quoting the Chief of Naval Operations: Adm. Vern Clark and the Spartan Program Manager: Vic Ricci. Pubdate: 10/21/2002 Publication: Defense News Author: Jason Sherman Jason Sherman (born 1962 in Montreal) is a Canadian playwright. After graduating from the Creative Writing Program of York University in 1985, Sherman co-founded What Publishing with Kevin Connolly, which produced what, a literary magazine that he edited from 1985 to 1990. U.S. Navy Speeds Unmanned Boat Project The U.S. Navy's top officer wants to deploy within a year an unmanned boat designed to protect and scout for combat ships in potentially dangerous waters Dangerous Waters is a naval simulation developed by Sonalysts Combat Simulations, released on February 22 2005. The game features several playable vessels, including the Los Angeles-class, Akula-class, and Seawolf . Dubbed Spartan, a prototype is preparing for sea trials in early 2003, part of a development effort that originally sought to give the fleet such boats by 2007. However, Adm. Vern Clark, the chief of naval operations, wants the fleet to have Spartan as soon as possible. "I would like to see that deployed inside of a year if we could," Clark said Oct. 2 in a speech at a conference in Virginia Beach Virginia Beach, resort city (1990 pop. 393,069), independent and in no county, SE Va., on the Atlantic coast; inc. 1906. In 1963, Princess Anne co. and the former small town of Virginia Beach were merged, giving the present city an area of 302 sq mi (782 sq km). , Va., sponsored by the Naval Institute. That's possible, but it would mean spending more and forgoing some planned features, said Spartan program manager Vic Ricci. "We have a prototype that's running right now," he said. "But it's like anything else, it depends on what capabilities you want to accelerate. There are some we could do in the near term." Ricci's team has been exploring ways to accelerate the program since Clark paid a Sept. 18 visit to their offices at the Naval Undersea Warfare Center The Naval Undersea Warfare Center (NUWC) is the United States Navy's full-spectrum research, development, test and evaluation, engineering and fleet support center for submarines, autonomous underwater systems, and offensive and defensive weapons systems associated with at Newport, R.I. Speeding Spartan to the fleet will require more than the $53 million approved for the six-year effort in 2002. Ricci said the price will change depending on the desired capability and delivery date, neither of which have been set. Spartan is a Pentagon-chartered Advanced Concept Technology Demonstration that aims to design modular combat capabilities for small utility boats that already are on combat ships. "We take an existing capability and add warfighting mission packages to it," Ricci said. The first step in the Spartan program is to equip a 7-meter rigid-hull inflatable boat An inflatable boat is a lightweight boat constructed with its sides and bow made of flexible tubes containing pressurised gas. For smaller boats, the floor and hull beneath it is often flexible. , like those on combat ships, with navigation, communications, and computer gear for remote control and semi-autonomous operations. "We hope to field a fleet of unmanned vessels that can go off and do dangerous or monotonous jobs on their own," said Ricci. After a scheduled maiden unmanned voyage in 2003, the program would prepare to equip Spartan with: 1) Mine countermeasures. 2) Force protection, including intelligence, surveillance and reconnaissance. 3) Precision strike and anti-surface warfare. "We're taking existing technology and looking at what we can get to the war fighter today," said Ricci. The objective of the Spartan project is larger than the three boats that will be handed over to U.S. Pacific Command's 3rd Fleet. The aim is to "demonstrate the military utility of (unmanned surface vehicles) for assured access and force protection" in shallow waters, according to a program briefing. Spartan also aims to "fill a void in capability that the fleet is in critical need of today." Equipped to conduct mine warfare, force protection, surveillance and reconnaissance, and to launch attacks, these remotely controlled boats could clear the way for amphibious and sealift sea·lift tr.v. sea·lift·ed, sea·lift·ing, sea·lifts To transport (troops or supplies) by sea, as when ground or air routes are blocked. n. A system or an instance of such transport. operations, said Ricci. Like unmanned aircraft, Spartan will minimize risk to people and Navy warships. The U.S. Army's Aviation and Missile Research, Development and Engineering Center, Redstone Arsenal, Ala., and Singapore's Navy are participating in the Spartan program as well. Spartan is being developed with assistance from Northrop Grumman Corp., Los Angeles; Raytheon Co., Waltham, Mass.; and Integrated Marine Platforms International, Silverdale, Wash. "Industry is proving some engineering services, some mission packages, and really working with us to integrate these so that when we prepare to build Spartan, we will have a specification package that should be fit for manufacture," said Ricci. Roger Janssen, President and CEO of Modern remarked, "We are very excited to be partnered with the front running defense designers for the new Spartan equipped Navy DD(X) ships." MMFS OTHER PRODUCTS: Modern MFG Services, Inc. (MMFS) is the exclusive provider of the GB-Challenger Class Craft, a high-speed, long-range multi-mission coastal patrol craft; unique in its ability to accept interchangeable mission modules. The GB-Challenger Class Craft range in size from 7 to 16+ meters, are highly maneuverable, have a range in excess of 500 nautical miles at speeds of 40+ knots, and are capable of carrying a heavy payload. The GB-Challenger Class Craft's hulls are aluminum, with rigid foam sponsons for enhanced buoyancy and stability in rugged seas. Key components of the GB 12-296 (12-meter) include two 660 H.P. Caterpillar engines coupled with Nomera Series water jet pumps: maximum horsepower\weight ratio. For further information, please contact: Modern MFG Services, Inc. 425/315-1772 or visit our website at www.modernmfg.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: Investors should carefully consider the preceding information, as well as other information contained herein before making an investment in the common stock of the Company. Information contained herein contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believes," "may," "should," or "anticipates," or the negative thereof or given that the future results covered by such forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. |
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