STOCK TITAN

Iridium Receives 2024 James S. Cogswell Outstanding Industrial Security Achievement Award

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Iridium Communications (NASDAQ: IRDM) announced that its Tempe, Arizona facility received the 2024 James S. Cogswell Outstanding Industrial Security Achievement Award for the second time. Presented by the Defense Counterintelligence and Security Association (DCSA), the award acknowledges companies with exemplary industrial security practices. Less than 1% of over 13,000 eligible U.S. defense contractors receive this honor annually. Bill Conner, Vice President of Legal and Compliance at Iridium, highlighted the award as a recognition of the company's commitment to surpassing security standards. The selection process for the award involves an extensive review, requiring companies to have at least two consecutive superior industrial security ratings.

Positive
  • Iridium's Tempe, Arizona facility received the 2024 James S. Cogswell Outstanding Industrial Security Achievement Award for the second time.
  • Less than 1% of over 13,000 eligible U.S. defense contractors receive this honor annually.
  • Award recognition highlights Iridium's commitment to exceeding industrial security standards.
Negative
  • None.

MCLEAN, Va., July 10, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that for a second time, its Tempe, Arizona facility has received the James S. Cogswell Outstanding Industrial Security Achievement Award. A distinction presented by the Defense Counterintelligence and Security Association (DCSA) during the annual Society of Industrial Security Professionals (NCMS) training seminar, the award honors companies that embody a commitment to upholding and exceeding standards within the Industrial Security community over the previous year. Of the more than 13,000 cleared U.S. defense contractors eligible, less than 1% are selected each year to receive this award.

"As a DoD contractor for over two decades now, Iridium is proud to receive such a respected award that represents not just meeting, but exceeding important security standards set forth by DCSA," said Bill Conner, Vice President, Legal and Compliance, Iridium. "Receiving such an honor for a second time is a strong testament to the incredible work of the Iridium security team over the past several years, and how we implement integral security protocols and procedures with care and purpose."

To win the award an organization must perform well beyond the minimum National Industrial Security Program (NISP) requirements and exemplify high benchmarks for security program management, vulnerability assessment, security education, and classified material control. Facilities are nominated by a DCSA industrial security representative and are required to have at least two consecutive superior industrial security review ratings during an eight-month internal review and election process.

To learn more about Iridium, please visit: www.iridium.com

To learn more about the Cogswell award, please visit: https://www.dcsa.mil/Industrial-Security/Cogswell-Awards/

About Iridium Communications Inc.

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

Press Contact:

Investor Contact:

Jordan Hassin

Kenneth Levy

Iridium Communications Inc.

Iridium Communications Inc.

Jordan.Hassin@Iridium.com 

Ken.Levy@Iridium.com

+1 (703) 287-7421

+1 (703) 287-7570

X: @Iridiumcomm


 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iridium-receives-2024-james-s-cogswell-outstanding-industrial-security-achievement-award-302192468.html

SOURCE Iridium Communications Inc.

FAQ

What award did Iridium's Tempe facility receive in 2024?

Iridium's Tempe facility received the 2024 James S. Cogswell Outstanding Industrial Security Achievement Award.

How many times has Iridium's Tempe facility won the James S. Cogswell Award?

Iridium's Tempe facility has won the James S. Cogswell Award twice.

What percentage of U.S. defense contractors receive the James S. Cogswell Award annually?

Less than 1% of over 13,000 eligible U.S. defense contractors receive the James S. Cogswell Award annually.

What is the significance of the James S. Cogswell Award for Iridium (IRDM)?

The James S. Cogswell Award signifies Iridium's commitment to exceeding industrial security standards.

What are the criteria for winning the James S. Cogswell Award?

Criteria include exceeding National Industrial Security Program requirements and having two consecutive superior industrial security review ratings.

Iridium Communications Inc.

NASDAQ:IRDM

IRDM Rankings

IRDM Latest News

IRDM Stock Data

3.24B
118.38M
10.94%
85.72%
3.9%
Telecom Services
Communications Equipment, Nec
Link
United States of America
MCLEAN