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Fort Worth’s Bell Will Replace the Army’s Famed Black Hawk in Contract Win Worth Billions

by | Dec 7, 2022
The Army's biggest helicopter competition in 40 years has a winner in Fort Worth. Bell Textron's V-280 Valor is slated to replace around 2,000 Black Hawk helicopters by 2030—with a tiltrotor design that lets it take off like a chopper and fly like a plane. Designed for long-range assault missions, the Valor's initial contract is worth up to $1.3 billion. But the program could ultimately be worth $70 billion across the life of the fleet, including foreign military sales, Defense News reports.
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Finisar Considers $3 Billion Semiconductor Expansion Project in Sherman
by | Dec 7, 2022
A new plant, an expansion to its current 76-acre site, would produce wafers for semiconductor chips and create 700 jobs.
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Cargo Airline Ameriflight Names New President, Chief Operating Officer
by | Dec 6, 2022

Alan Rusinowitz has been named president and chief operating officer of Ameriflight, the “nation’s largest Part 135 Cargo airline.”

The airline flies about 30 tons of cargo daily, and says it’s a critical part of the UPS, FedEx, and DHL supply chains, according to its website....

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Ag Resource Management Announces New Chief Executive Officer
by | Dec 6, 2022

Fort Worth-based Ag Resource Management, one of the nation’s top providers of agricultural lending and crop insurance, announced that Rip Mason has been appointed chief executive officer, effective immediately....

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Why Are There 750,000 Unfilled Job Openings in Cybersecurity? UNT Researchers Are Getting Up to $750K to Find Out

by | Dec 6, 2022
The grant award supports a new online platform to find out why cyber jobs are going unfilled—and make it easy for employers to find talent through an online database. UNT's Ram Dantu and Mark Thompson are principal investigators on the project. Dantu says foreign governments are "spying on us all the time,” and threats like ransomware attacks and cyber attacks abound. "We need a large workforce to combat this, and we don’t have the workforce,” Dantu says.
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ELM Is Building a 125K-SF HQ and Manufacturing Plant for MicroGrid, Solar Divisions in The Colony
by | Dec 6, 2022
Energy and utility services innovator ELM is constructing a new, 125,000-square-foot headquarters and manufacturing facility in The Colony for its MicroGrid and Solar divisions. When fully operational, Illinois-based ELM said the facility will employ more than 100 clean-energy professionals, including engineering, production technicians, customer service, sales, and management employees.
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Evolon and ZeroEyes Partner on Long-Range AI Gun-Detection Technology
by | Dec 6, 2022
With the partnership, Dallas-based Evolon Technology will unite the long-distance object detection of its analytics with ZeroEyes' proprietary AI gun detection technology. The result: The ability to detect and track someone with a firearm more than a football field away. "Current events point to the need for a partnership like ours," Evolon President and CEO Kevin Stadler says.
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The Last Word: Noni Ángel on the ‘Sustainable’ Bees at BCBSTX Headquarters
Something's buzzing atop the Blue Cross Blue Shield of Texas headquarters in Richardson—and it's offering a sustainable touch to the surrounding community. Earlier in the fall, BCBSTX installed two bee hives on the north side of its HQ building as part of the company's sustainability efforts. The hives are home to nearly 100,000 Italian honeybees.
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Dallas Invents: 157 Patents Granted for Week of November 8

by | Dec 5, 2022
Dallas-Fort Worth ranked No. 8 for patents out of 250 metros. Patents granted include: Alcon's intraocular lens insertion device, Balanced Media Technology's task completion using a blockchain network, BioBrand's target online advertising using biometric information, BNSF Logistics' long rail transport train, Brius Technologies' orthodontic treatment and associated devices, Design Science Technology's safe transport and storage of energy storage devices, Entrust's identity management for software components using one-time use credential and dynamically created identity credential, Northrop Grumman Systems' spacecraft servicing pods , Omnitracs' locating wireless devices, Price Setter's transaction arbiter system, Redmon Jeang's mobile legal counsel system, and Toyota's artificial muscles.
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Fort Worth-Founded Fuzzy’s Taco Shop Chain Acquired for $80M
by | Dec 5, 2022
Dine Brands Global—the parent company of IHOP and Applebee's Grill + Bar—acquired the fast casual Fuzzy's Taco Shop chain, which serves Baja-style Mexican cuisine in "a fun, energetic atmosphere." Since the first Fuzzy's was founded in 2003 near TCU, the chain has grown to 138 locations in 18 states.
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Terrell’s 1836 Farms Adds to Its Line of Eco-Friendly Glass-Bottled Products
by | Dec 5, 2022
Terrell-based 1836 Farms creamery is offering fresh, healthy products bottled in custom Texas designed glass, reusable bottles, the company said. The glass milk bottles can be returned to the point of purchase for deposit refund or applied to new purchases.
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Texas-Sized Fitness: Life Time McKinney at Craig Ranch Opens
by | Dec 5, 2022
Life Time McKinney at Craig Ranch encompasses more than 100,000 square feet with 12 lighted outdoor pickleball courts, 50-meter outdoor pool, studio boutiques, training floor, restaurant, spa and more. It's the Minnesota-based company's eleventh location in DFW and its 29th in Texas.
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City of Dallas, Zimperium Partner on Free Mobile Security App

by | Dec 5, 2022
The app was developed by Dallas-based Zimperium, a leader in mobile security, and is designed to secure devices against even the most advanced threats. Available as a free download on Apple iOS and Android Play, Dallas Secure arrives just in time for the busy holiday mobile-commerce season.

"Public safety comes first in Dallas—and cybersecurity is a form of public safety,” Mayor Eric Johnson said.
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Exxon Mobil Corporation Adds Airline and Aerospace Leaders to Board of Directors
The former CEO of Continental Airlines, who led a major in the industry’s downturn after 9/11, and the former president and COO of Raytheon will join Exxon Mobil’s board. The election of the two leaders grows the board to 13 members.
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Dallas Market Center Names New Chief Operating Officer
by | Dec 2, 2022

Karen Ryder, a retail and digital veteran, has joined Dallas Market Center as chief operating officer, responsible for overseeing marketing, retail development, market services, IT, and digital....

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BRIX Holdings New CEO: 90% of Restaurant Loyalty Programs Are ‘Glorified Discount Programs’
by | Dec 2, 2022
BRIX CEO Sherif Mityas, who was previously chief experience officer at TGI Fridays, has assumed full leadership of BRIX Holdings' and Amici Partners Group's brands. The new CEO recently spoke at the Fast Casual Executive Summit in Indiana. Personalization is the secret to successful restaurant brands, he says. Here are takeaways.
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