Realized Benefits to Industry and Navy Sample Clauses

Realized Benefits to Industry and Navy. Provide a qualitative assessment of the benefits realized by the project lead, team members, and other non-participating industry members through technology transfer. A discussion on how the Navy has benefited from project execution should also be included. It is anticipated that once the project enters the implementation phase, quantitative returns will also be provided. Describe activities/efforts that were accomplished during the reporting period to transfer technology beyond the project team members. These activities can include demonstrations, presentations, participation in symposia, etc. Briefly list planned activities for the next period. Briefly discuss any technical issues identified that may impact the current program progress. In addition to technical issues, list any subcontractors not under agreement or any subcontractor-related issues that may impact the current program progress. Briefly discuss issues affecting the approved schedule and actions planned to adhere to the approved schedule. Briefly discuss issues that may impact the contracted amounts for program funding and cost share. Discuss the status of any action items established between the project team and the PTR. Referencing the Business Case/ROI discussion from the proposal or Technology Transfer & Implementation Plan, provide an indication of the ‘trend’ of that projection. The trend could be an “increase in potential cost impact” due to better-than-expected results during field testing; a “decrease in potential cost impact” based on pilot results; or “no change”. If applicable, provide an assessment of the starting Technology Readiness Level (TRL) of the project’s technology or process, and the final TRL assuming a successful completion. and yyyyyyyy for Agreement Summary Information Total Amount of the Agreement: $ Total Estimated NSRP ASE Project Funding of the Agreement: $ Total Estimated Recipient Cost Share: $ Total Funds Obligated: $ Project Resource/Cost Information: The following resources/costs are applicable to this project for the period ________ through _______ 20XX: Company Man Months Provided This Period ** Cumulative Man Months Provided ** Significant Material Costs This Period Cumulative Material Costs List of Personnel Working This Period Recipient Team Member A Subcontractor X Total ** As an alternate, actual costs (less material costs) may be provided in lieu of Man Months Status of Milestones Milestone Number and Description Percentage Completed During this Pe...
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Realized Benefits to Industry and Navy. The benefits to the Navy as a result of this project include the implementation of Lean principles across every division and every department at the Northrop Grumman Newport News Shipyard (NGNN). This will enhance their ability to provide superior value to the Navy in customer service, schedule, quality, and cost. NGNN is projecting $400 million of targeted savings through the implementation of Lean Initiatives and has documented a savings of over $40 million during the 2003 calendar year. The results of this project will be used by NGNN in this initiative to enable them to meet their goals. In addition, the lean simulation tools developed for this project will be available to all shipyards. There could be a significant savings in all shipbuilding and repair facilities with the implementation of the Lean initiatives. The simulation applications developed by this project will aid other shipyards with the implementation of lean principles. Technology transfer efforts have been implemented in all of the areas of the Technology Transfer Plan, which are summarized below: • Presentations/Publications: During this phase of the project three papers have been submitted and accepted to technical symposiums and educational conferences. The following is a list of the papers, the status of the submission, and the organization and event to which they have been submitted: • “Enhancing Instruction in Lean Manufacturing through Development of Simulation Activities in Shipbuilding Operations,” accepted for publication, American Society of Engineering Educators (ASEE) Annual Conference, June 20-23, 2004, Salt Lake City, UT
Realized Benefits to Industry and Navy. The benefits to the Navy as a result of this project include the implementation of Lean principles across every division and every department at the Northrop Grumman Newport News Shipyard (NGNN). This will enhance their ability to provide superior value to the Navy in customer service, schedule, quality, and cost. NGNN is projecting $400 million of targeted savings through the implementation of Lean Initiatives and has documented a savings of over $40 million during the 2003 calendar year. The results of this project will be used by NGNN in this initiative to enable them to meet their goals. In addition, the lean simulation tools developed for this project will be available to all shipyards. There could be a significant savings in all shipbuilding and repair facilities with the implementation of the Lean initiatives. The simulation applications developed by this project will aid other shipyards with the implementation of Lean principles and enable them to see the return on investment that is possible through the implementation of Lean principles. Many of the simulations clearly show return on investment in the following areas: ▪ Reduction in resources (material/labor/equipment) ▪ Reduction in number of suppliers ▪ Reduction in lead time and duration of product assembly ▪ Improved quality ▪ Increased productivity ▪ Reduction in design time ▪ Increase space management Technology transfer efforts have been implemented in all of the areas of the Technology Transfer Plan, which are summarized below: • Presentations/Publications: During this phase of the project three additional papers have been submitted and accepted for industry and educational conferences. “Using Discrete Event Simulation to Complement Value Stream Mapping in Lean Training Programs to Increase Productivity,” To be presented at the ASME National Conference in Anaheim, CA, November 14-19, 2004. “Using Discrete Event Simulation to Support Value Stream Mapping for Enhanced Productivity,” To be presented at the Digital Enterprise Technology Conference in Seattle, Washington, September 13-15, 2004. “Discrete Event Simulatio n to Complement Value Stream Mapping in Lean Training Programs in Shipbuilding & Repair,” To be presented at the ProModel Solutions Conference in Salt Lake City, Utah, September 12-17, 2004. • The website has been deployed and is available at the following URL address: xxxx://xxx.xxxxx.xxx.xxx/~averma/NSRPindex.htm • National workshops: The national workshops have been scheduled...

Related to Realized Benefits to Industry and Navy

  • Covered Benefits Benefits for Bone Mass Measurement for the prevention, diagnosis, and treatment of osteoporosis are covered when requested by a Health Care Provider for a Qualified Individual.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Benefits - In General The Executive shall be permitted during the Term to participate in any group life, hospitalization or disability insurance plans, health programs, equity incentive plans, long-term incentive programs, 401(k) and other retirement plans, fringe benefit programs and similar benefits that may be available (currently or in the future) to other senior executives of the Company generally, in each case to the extent that the Executive is eligible under the terms of such plans or programs.

  • Insured Benefits A transferring employee will be covered by the benefit plans at the designated Employer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period. (b) The Executive shall be enrolled and participate in any retirement, group insurance and other fringe benefit plans and arrangements which are applicable to the similarly situated personnel of the Company and in effect from time to time, if the Executive is eligible therefor, in each case in accordance with and subject to the provisions thereof.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • Compensation Benefits and Expenses During the Term, the Bank shall compensate the Executive for his services as provided in this Section 3. Unless otherwise determined by the Company Board, all payments and benefits provided in this Agreement shall be paid or provided solely by the Bank. Notwithstanding anything in this Agreement to the contrary, no provision of this Agreement shall be construed so as to result in the duplication of any payment or benefit. Unless otherwise determined by the Company Board, the Company’s sole obligation under this Agreement shall be to unconditionally guarantee the payment and provision of all amounts and benefits due hereunder to Executive, and the affirmative obligations of the Company as set forth at Section 3(h), herein, with respect to Indemnification, and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXX XXXXX XXXXX Party of the Second Part, agree as follows:

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

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