Armstrong Steel | November 28, 2022
The demand for pre-engineered steel buildings is exploding, according to Armstrong Steel. Because of the many benefits that these pre-engineered buildings provide, new industries are turning toward this type of construction for their structure needs.
The recently released 2022 Pre-Engineered Buildings Global Market Report showed that the global steel market is expected to be worth $26.87 billion by 2026, which would represent a CAGR, or compound annual growth rate, of 11.98%.
Pre-engineered buildings have structural columns, rafters, girts, purlins and sheeting which are engineered and manufactured specific to each building purchased and then assembled on site per the erection drawings and all the parts are numbered to correspond with the drawings.
While pre-engineered steel buildings such as the ones manufactured by Armstrong Steel Buildings have been used extensively for workshops, storage, community halls, factories, airport hangars, strip malls and much, much more, they are also in high demand today for office buildings.
Pre-engineered steel buildings provide many benefits, including their flexibility in usage, the speed at which they are constructed, and their overall cost. It's only natural, then, that more and more industries are turning toward this type of structure for their building needs.
The increased demand for pre-engineered steel buildings in the office space market is a significant contributor to the market's expected growth as a whole. In many developing countries experiencing economic growth and rapid urbanization, these pre-engineered steel buildings are preferred because they are cost-effective and can be erected faster than traditional buildings.
The report also states that pre-engineered steel buildings make up anywhere from 75% to 80% of all new corporate and commercial construction. It's no surprise, then, that the industry is expected to experience explosive growth in 2023 and beyond.
One of the biggest trends in the steel building industry, according to Armstrong Steel Buildings, is the adoption of green building practices to positively impact climate change. Steel production has traditionally consumed a significant amount of energy and created a lot of emissions.
New technological advances are allowing steel manufacturing companies to not only reduce their energy consumption but also reduce their emissions at the same time.
Pre-engineered steel buildings are very eco-friendly, too. Armstrong Steel notes that steel itself is 100% recyclable and can be used multiple times over without compromising the integrity of the material. This is yet another reason why pre-engineered steel buildings are a smart investment for any company, organization, or individual who needs a new structure.
About Armstrong Steel
As a leading manufacturer of pre-engineered metal buildings, Armstrong Steel Buildings takes pride in delivering high-quality steel buildings across North America. Armstrong Steel Buildings has been delivering high-quality steel buildings for nearly twenty years and provides structures to residential, commercial, agricultural, industrial, cannabis, government, and military agencies.
Rite-solutions | November 25, 2022
Rite-Solutions is pleased to announce it was recently awarded three contracts by the Naval Undersea Warfare Center Division Newport (NUWCDIVNPT), Naval Information Warfare Systems Command (NAVWAR), and Naval Surface Warfare Center Dahlgren Division (NSWCDD).
Over the next three to five years, the three contracts total $68 million.
Supporting NUWCDIVNPT’s Code 25 Combat Systems Department, Rite-Solutions will provide hardware and software engineering, systems engineering, system integration and testing, fleet support, and administrative services supporting the AN/BYG-1 submarine combat control system modernization. The contract is worth $25 million.
“we are thrilled to continue supporting the Code 25 Combat Systems Department in what has been a long and productive partnership for more than two decades.”
-Laura Deady Sr. Vice President Rite-Solutions.
Separately, the Naval Information Warfare Systems Command (NAVWAR) awarded the company a $13 million follow-on contract under the Navy’s RAPDS Multi-Award ID/IQ for PEO MLB/PMW 250. Rite-Solutions will continue sustaining and maintaining the DoD IT Portfolio Repository (DITPR)-DON and DON Application and Database Management System (DADMS) IT Portfolio Management system. DITPR/DADMS is used by the DoD to maintain an inventory of all of its hardware, software, and their interfaces.
The Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded the third contract to Rite-Solutions, worth $30 million. The Rite-Solutions proposal included up to 60 full-time employees, annually. The company will be hiring up to 30 people in the Virginia and DC area.
“the Dahlgren center provides the world’s best surface ship command and control systems and we’re very pleased to apply our experience in undersea warfare.”
-Laurie Carter, Rite-Solutions’ Senior Vice President of Business Development and Strategy.
Rite-Solutions will provide engineering and combat systems integration expertise to the NSWCDD Integrated Combat Systems Department to plan and execute combat systems operations activities in support of current and future Combat System Command and Control functions.
Rite-Solutions President and CEO, Dennis McLaughlin notes, these contracts, on the heels of a $77 million contract awarded by NSWCDD earlier this year, are a testament to the expertise and dedication of Rite-Solutions’ employees and the value we provide our customers.
Rite-Solutions, Inc. is an award-winning small business specializing in system engineering, software development, information technology (IT), and cyber security for government and commercial segments. Rite-Solutions has offices in Rhode Island, Connecticut, and Washington D.C.
GlobalLogic | November 21, 2022
GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms.
With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience along with strong relationships across European markets and marquee clients.
“Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution, This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania; it will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.”
-Nitesh Banga, President and CEO, GlobalLogic.
Founded in 2003, Fortech delivers full-spectrum digital engineering services including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IOT, and SaaS. Fortech holds deep domain experience in six key high growth verticals: Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program.
“We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions, Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level. Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.”
-Calin Vaduva, CEO, Fortech.
GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business.
Fortech (www.fortech.ro) is a software services company headquartered in Cluj-Napoca, Romania. It also holds engineering hubs in Oradea, Iasi, and Brasov. With a workforce of 1,100+ people, Fortech’s technical expertise spans a variety of sectors, from automotive and financial to healthcare and more. Fortech covers the end-to-end software lifecycle development to deliver the innovation, scalability, quality, and speed needed by its clients. The company’s approach to software engineering combines strong technology and process know-how, Agile delivery methods, and a blend of code quality practices and metrics refined throughout two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner.
GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.