Life Flight Network relocates to Kelso, Washington Airport

Life Flight Network has relocated its helicopter stationed at PeaceHealth St. John Medical Center in Longview, WA, to the Southwest Washington Regional Airport in Kelso, WA, the company said.

The company said the move was under consideration for several years as it evaluated opportunities for improving the services offered in Cowlitz County. The relocation will improve the company´s overall response time throughout the region.

Life Flight Network is a not-for-profit air medical service accredited by the Commission on Accreditation of Medical Transport Systems (CAMTS) and the National Accreditation Alliance of Medical Transport Applications (NAAMTA).

T-Mobile announces USD0.6875 quarterly preferred stock dividend

T-Mobile US, Inc. (NASDAQ: TMUS) has announced that the quarterly dividend on its 5.50% Mandatory Convertible Preferred Stock will be paid on December 15, 2016 to holders of record as of December 1, 2016, the company said.

The dividend will be paid at a rate of USD0.6875 per share of preferred stock.

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services for consumers and businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. It also provides wireless devices.

Boeing to sell 737 MAX 8s to Fiji Airways

Boeing (NYSE: BA) has reported Fiji Airways committed to purchase five 737 MAX 8s, the company said.

The company said the purchase is part of the airlines´ fleet renewal plan and will allow them to expand into new markets throughout Oceania and Southeast Asia.

Boeing is a large aerospace company and manufacturer of commercial jetliners and defense, space and security systems. The company supports airlines and US and allied government customers in more than 150 countries.

L-3 wins US Navy submarine switchgear equipment contract

New York, New York-based L-3 Communications (NYSE:LLL) has been awarded a contract to deliver switchgear equipment in support of the power distribution and protection system for the US Navy´s newest submarine, which will replace the existing Ohio-class platform, the company said.

This contract includes the detail design and qualification of the switchgear, along with the delivery of select units to the first submarine. Follow-on deliveries will extend to 2035 if the US Navy builds all boats in the current plan of record.

L-3 SPDES is part of the power & propulsion systems sector within the electronic systems business segment. The division currently manufactures switchgear and air circuit breakers for the Virginia-class fast attack submarine.

Located in Philadelphia, Pennsylvania, L-3 SPDES employs approximately 215 people. It provides maritime power distribution and conditioning products and services to the US Navy and allied foreign navies.

L-3 employs approximately 38,000 people worldwide and is a provider of a broad range of communication and electronic systems and products used on military and commercial platforms. L-3 is also a prime contractor in aerospace systems.

Southwest Airlines techs ratify tentative agreement

Southwest Airlines Co. (NYSE: LUV) appearance technicians, represented by the Aircraft Mechanics Fraternal Association (AMFA), have voted to ratify a four-year tentative agreement with the airline, the company said.

The company said the new collective bargaining agreement takes effect immediately, ahead of the current contract´s February 2017 amendable date.

AMFA represents just over 200 Southwest Airlines appearance technicians and reported that of those who cast ballots, 88 percent voted in favor of the new contract.

Dallas-based Southwest Airlines (NYSE: LUV) operates more than 3,900 departures a day during peak travel season across a network of 99 destinations in the United States and eight additional countries with service to Havana, Cuba, beginning Dec. 12, 2016, subject to governmental approvals.

StatRad restructures, forms NucleusHealth

In a corporate restructuring move, StatRad has announced the formation of NucleusHealth, the company said.

The newly created entity will focus on expanding StatRad teleradiology services while commercializing new image streaming technology in a pure cloud-based solution for managing medical images under the soon-to-be-introduced brand.

StatRad teleradiology customers can continue to rely on the company´s rapid turnaround times and low discrepancy rates to support after-hours coverage, help lower costs, and provide better patient care for radiology groups throughout the US.

NucleusHealth will expand product and service offerings through licensing of its image management solutions under the nucleus.ioâ„¢ brand. Technology licensing opportunities include software as a service (SaaS) solutions and a web-scale platform as a service (PaaS).

NucleusHealth, parent company of StatRad, is advancing patient care through innovation in cloud-based medical image management, facilitating a global image exchange accessible by patients, physicians, and health care networks.

StatRad, a company founded by radiologists for radiologists, develops and implements forward-thinking teleradiology solutions for radiology groups. Its custom workflows streamline processes, increase efficiencies and deliver measurable results with high-quality medical image interpretation to help lower costs, reduce discrepancy rates and improve patient care.

Petsky Prunier advises Ansira on pending Advent International investment

Petsky Prunier has advised Ansira Partners, Inc. on its pending majority investment from Advent International Corporation, the company said.

Denver-based private equity firm KRG Capital Partners will exit with this transaction.

Advent is acquiring its stake in partnership with Ansira´s management, who will continue to retain a substantial ownership position in the company. Financial terms were not disclosed.

Petsky Prunier served as financial advisor to Ansira and KRG Capital Partners.

Ansira is a data-driven, technology-enabled marketing solutions provider, specializing in the integration of data analytics, CRM, localized marketing automation, and performance media with best-in-class execution strategies to drive ROI-measured marketing programs at a national and local level.

Advent International Corporation is a global private equity investor that has invested in more than 315 private equity transactions in 40 countries. With offices on four continents, Advent has established a globally integrated team of more than 190 investment professionals across North America, Europe, Latin America, and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology, media, and telecom.

Petsky Prunier is an investment bank serving the technology, media, marketing, eCommerce, and healthcare industries.

Elbit Systems subsidiary receives US Army weapon systems contract

Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) US subsidiary, Elbit Systems of America, LLC has been awarded an indefinite delivery/indefinite quantity (ID/IQ) contract from the US Army for the production of mortar weapon systems, the company said.

The contract, with a maximum value of up to approximately USD103 million, will be performed over a five-year period. An initial purchase order, in an amount that is not material to the company, has already been awarded.

Elbit Systems of America signed a Memorandum of Understanding (MOU) with the United States Army´s Watervliet Arsenal (WVA), New York, which will employ WVA as a subcontractor to Elbit Systems of America on many mortar components.

Elbit Systems Ltd. is an international high technology company engaged in defense, homeland security and commercial programs throughout the world. The company includes Elbit Systems and its subsidiaries and operates in the areas of aerospace, land and naval systems, communications and intelligence surveillance.

Vubiq Networks developing E-Band connectivity solution

Irvine, California-based Vubiq Networks, Inc. is developing a full-duplex 10 Gbps E-Band connectivity solution to broaden its existing millimeter wave wireless radio portfolio, the company said.

E-Band is the widely accepted spectrum in the wireless internet service provider (WISP) and carrier backhaul markets. By expanding its product portfolio to include E-Band radios, Vubiq will be better positioned to meet all the backhaul needs of the marketplace.

Thanks to Vubiq´s patented Modular Integrated Waveguide (MIW) technology that separates the digital components from the analog components, the company is able to rapidly develop new millimeter wave radios that consistently leapfrog the competition for high-speed wireless broadband applications.

Vubiq Networks is a privately held wireless networking technology company whose focus is on broadband V-Band and E-band wireless link transmission products that enable multi-gigabit connectivity for wireless fiber optic extensions, wireless metropolitan area networks, and mobile backhaul applications.

Alaska Airlines Foundation awards USD165,000 to Alaska, Hawaii, Washington nonprofits

The Alaska Airlines Foundation has donated USD162,500 to 15 nonprofit organizations in the states of Alaska, Hawaii and Washington, as part of a second donation cycle for 2016, the company said.

In 2016, donations total USD307,500 to 27 organizations.

Each year, the Alaska Airlines Foundation distributes cash grants to nonprofit organizations in Alaska, Hawaii and Washington that support education and workforce development efforts.