TYR Tactical

Archive for the ‘Industry’ Category

Federal Resources’ Board Appoints Larry Gwaltney As Chief Executive Officer – Robert McWilliams To Become President

Wednesday, June 27th, 2018

The leading government solutions provider makes strategic change to continue to focus on supporting the customers Federal Resources serves.
STEVENSVILLE, MD — June 25, 2018 — Federal Resources Supply Company announced that its Board of Directors has appointed Larry Gwaltney as Chief Executive Officer. Federal Resources also announced that Robert McWilliams, current CEO and Chairman of the Federal Resources Board of Directors, will serve as President and continue as Chairman of the Board.  Federal Resources has experienced exponential growth over the last five years, growing from $80M in revenue in 2012 to $350M+ in revenue in 2017 under Robert McWilliams leadership. This move is in alignment with Federal Resources goals to continue to be the premium solutions provider in the markets that it serves to support the responders and the warfighters throughout the world.

Robert McWilliams commented, “This is the perfect time for Larry to become FR’s next CEO.  The FR team has worked together to build a tremendous company with growth that continues to amaze our competitors and peers.  This strategic move will allow me to focus my time continuing to grow the business while Larry leads the company day-to-day.”

Larry comes to FR from Moore & Van Allen PLLC, a 300-attorney law firm where he served on the firm’s management committee, as co-head of the litigation team, and as FR’s outside general counsel.  Prior to joining Moore & Van Allen, Larry was a U.S. Army officer.  “As FR’s outside legal counsel, Larry supported FR through financing transactions, key customer and partner deals, and strategic acquisitions.” McWilliams noted. “I am truly excited for him to join the team and assist in accelerating FR’s growth and success.”

“I am honored to join the FR team and look forward to the challenge of providing unique, innovative, holistic solutions to FR’s customers,” said Larry Gwaltney.  “I am extremely grateful, and the Company is very fortunate, that Rob continues to devote his incredible energy and talents to the business; I am excited to work beside Rob and with everyone at FR.”

Founded in 1986, Federal Resources is a leading provider of quality products and mission-critical solutions that support the U.S. Military, Federal Government, State/Local Responders, and International Markets. Specializing in comprehensive life-cycle sustainment solutions; procurement and acquisition; technical services and asset management; and training expertise, the organization is dedicated to serving its diverse range of well-established and emerging market segments. Federal Resources strives to fulfill and expand upon its mission to ensure end-users are equipped with the most innovative, reliable, and cost-effective products and technologies available on the market.

For more information, visit www.federalresources.com.

Vista Outdoor Names Joshua Waldron President of its BLACKHAWK! Business Unit

Thursday, June 21st, 2018

Waldron to have Responsibility for BLACKHAWK!, Eagle and Uncle Mike’s Brands

Overland Park, Kansas — Vista Outdoor Inc. (NYSE: VSTO) announced that Joshua Waldron will serve as president of the company’s BLACKHAWK! business unit, effective today. The business unit is part of Vista Outdoor’s Outdoor Products segment and includes brands such as BLACKHAWK!, Eagle and Uncle Mike’s. Waldron will have full responsibility for the business, including finance, operations and manufacturing, sales, marketing and new product development. He will relocate to the company’s Virginia Beach, Virginia, location, which will serve as the business unit’s headquarters due to its close proximity to several key law enforcement and military customers.

For the last decade, Waldron was the co-founder and chief executive officer of SilencerCo, a firearm sound suppression company. While at SilencerCo, he was awarded one of the Top 50 Fastest Growing Companies for six consecutive years by both Mountain West Capital Network’s Utah 100 and Utah Business Magazine’s Fast 50. Under Waldron’s leadership, SilencerCo significantly expanded the suppressor category and increased market share. Waldron is a co-founder and board member of the American Suppressor Association and sits on the board of the Congressional Sportsmen’s Foundation.

“Josh is an exceptional innovator and marketer,” said Dave Allen, Group President of Vista Outdoor’s Outdoor Products segment. “He understands our customers’ requirements, and his entrepreneurial mindset is essential to lead these brands in developing the next generation of leading products for the tactical market.”

“I am excited to join the BLACKHAWK! team and get to work on delivering new, innovative solutions to our core consumers,” said Waldron. “I am passionate about this industry and the opportunity to lead such a strong portfolio of well-recognized brands.”

About the BLACKHAWK! Business Unit

The Vista Outdoor BLACKHAWK! Business Unit is a leading designer, manufacturer and marketer of consumer products in the tactical, law enforcement and military segment. The division operates under three brand names, BLACKHAWK!, Eagle and Uncle Mike’s, and has a portfolio with a wide range of items for recreational and professional pursuits. With some of the most trusted names in the tactical market, the Vista Outdoor BLACKHAWK! Business Unit prides itself on providing innovative products of the highest quality to those professionals that demand the best. We’re constantly researching, refining and perfecting every detail to provide gear that won’t let you down. Because we’re not just making stuff. We’re honoring a vow.

www.blackhawk.com

POF-USA Chosen as Rifle of the Year at 2018 Industry Choice Awards

Wednesday, June 20th, 2018

(06/19/2018) Phoenix, Arizona – Patriot Ordnance Factory is proud to announce taking home the Rifle of the Year award from the 2018 Firearms Industry Choice Awards for a second year running.  POF USA was honored to attend and thanks everyone involved in the awards process, as well as congratulating the other winners.

The Renegade + is a departure from the original vision of Patriot Ordnance Factory, who is known for being a pioneer in the piston MSR category of rifles, and for still having the most reliable and feature-packed piston driven MSR on the market.  Historically, there was much debate on whether or not POF-USA would or should even enter the Direct Impingement market.  However, Frank has never been one to back down from a challenge, and in true POF-USA style, the Renegade+ took form.

Built on the unique and fully ambidextrous Gen 4 lower, featuring multiple upgrades and produced with 100% American sourced made raw materials and innovation. The Renegade + and Renegade + SPR with its 18.5” stainless barrel are clearly several steps ahead of the majority of the MSR market.  The upper receiver is built around the unique heat sink barrel nut, the 9 position adjustable DIctator gas block, a match-grade accurate 18.5” .223 Wylde barrel, and features our Renegade M-Lok rail with 4 QD sling mount points.

Finishing what is already an impressive rifle is the Ultimate DI bolt carrier group with High-phosphate nickel coating, a roller cam pin, and features a one-piece construction with an integrated gas key.  The rifle also features the Tomahawk ambi charging handle.

For more information, visit www.pof-usa.com or call 623-561-9572.

Former Wellco Executives Sentenced For Roles In Berry Compliance Violations

Friday, June 15th, 2018

Former executives of Wellco, a US-based footwear manufacturer, pleaded guilty in January to either conspiracy to commit wire fraud or smuggling goods into the United States. The charges stem from the guilty parties’ scheme to manufacture boot components in China, destined for US military contracts and then assemble and pass them off as US made goods, in violation of the Berry Amendment which requires textile products to be produced domestically from US materials.

Recently, most of the conspirators were sentenced.

The former CEO of Wellco, Vincent Lee Ferguson of Knoxville, TN, pleaded guilty to conspiracy to commit wire fraud. He has yet to be sentenced.

Former Sr VP of Sales, Matthew Lee Ferguson of Geneva, IL, pleaded guilty to conspiracy to commit wire fraud. Sentenced to six months in prison.

Former Marketing Director, Kerry Joseph Ferguson of Houston, TX, pleaded guilty to conspiracy to commit wire fraud. Sentenced to six months in prison.

Former Wellco Operations Manager, Stephanie Lynn (Ferguson) Kaemmerer of Knoxville, TN, pleaded guilty to smuggling goods into the United States. Sentenced to five years probation.

Former VP of Govt Contracting, Neil Streeter of Warren, MA, pleaded guilty to smuggling goods into the US. Sentenced to five years probation.

Former Dir of Distribution and Logistics, Matthew Harrison Martland, pleaded guilty to aiding and abetting the altering of country of origin marks. Maryland was sentenced to six months probation.

The current ownership of Wellco, Original Footwear Holdings, also owns Altama and cooperated with the government throughout the investigation. Altama is an SSD advertiser.

Mission Ready Announces Appointment of Major General (Retired) James A. Marks to its Board of Directors, Option Grant

Wednesday, June 13th, 2018

VANCOUVER, BRITISH COLUMBIA – (June 12, 2018) – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX VENTURE: MRS) is pleased to announce the addition of Major General (Retired) James Marks (“General Marks”) to the Company’s Board of Directors (“Board”), effective June 15, 2018.

Board Appointment – Major General (Retired) James A. “Spider” Marks

James A. “Spider” Marks is the President of The Marks Collaborative, an advisory firm dedicated to the development and transformation of corporate leaders and their organizations.

Since retiring from the military, General Marks has continued his engagement in national security as an on-air contributor to CNN and as a keynote speaker and author addressing our dynamic geo-political environment. He has led business ventures to include entrepreneurial efforts in education, energy, IT, and primary research.

General Marks spent over 30 years in the United States Army holding every command position from infantry platoon leader to commanding general and was the senior intelligence officer during the LA Riots, in the Balkans, Korea, Iraq. He is an Honor Graduate of the US Army’s Ranger School and a member of the Military Intelligence Hall of Fame.

General Marks has a Bachelor of Science degree in Engineering from the United States Military Academy at West Point, NY and a Master of Arts degree in Foreign Affairs from the University of Virginia.

“It is with great pleasure that we welcome General Marks as the newest member of the Company’s recently strengthened board of directors,” states Jeffery Schwartz, President & CEO of Mission Ready. “General Marks will add tremendous value to the Company with insights gained from over 30 years of relevant experience and a shared desire to protect those who protect us by equipping them with the next generation of personal protective technologies.”

General Marks has also been appointed as the Chair of the Company’s Compensation Committee.

“Additionally, as we continue to advance the Company’s strategic growth plan – both within North America and globally – we are actively identifying and vetting highly-qualified individuals to provide strategic direction to the Company as members of Mission Ready’s developing Advisory Committee,” states Schwartz.

Grant of Options
Mission Ready reports that it has granted incentive stock options (the “Options”), pursuant to its stock option plan, for a total of 300,000 common shares of Mission Ready Solutions Inc. to a director and an employee of the Company. The Options are exercisable at a price of $0.25 per share for a period of five (5) years.

Remington Outdoor Company Appoints Anthony Acitelli as Chairman of the Board

Monday, June 11th, 2018

Huntsville, AL – The Board of Directors of Remington Outdoor Company (“ROC”), one of the world’s leading designers and manufacturers of firearms, ammunition, and related products, has appointed Anthony Acitelli as Chairman of the Board effective immediately.

Mr. Acitelli is a respected industry veteran with twenty plus years of leadership experience.  Mr. Acitelli currently serves as the Chief Executive Officer of ROC.  In addition to successfully leading sales and marketing organizations, Mr. Acitelli most recently served as CEO of Taurus Holdings.

Mr. Acitelli, CEO and Chairman of the Board, concluded, “I want to thank the board for their support and leadership as we transition and look to the future of our business and brands.  We will continue to deliver high-quality products to our valued customers and demonstrate our two core principles, passion for precision and pride in craftsmanship.”

Mr. Acitelli holds a Master of Business Administration from Thunderbird Global School of Management and a bachelor’s degree in Finance from the University of South Florida.

www.remington.com

Grey Ghost Awarded ISO 9001 Certification

Thursday, June 7th, 2018

Lakewood, WA – Grey Ghost Precision, leading manufacturers of accurate, reliable, and attainable weapon systems, is excited to announce the their awarding of its ISO 9001 Certification; a global recognition of consistent excellence measured to international standards of quality.

The International Organization of Standardization (ISO), who owns the certification process, awarded GGP the certification for upholding the standards, which specifies requirements for a quality management system (QMS). Organizations use the standard set forth by the ISO to demonstrate their ability to consistently provide products and services that meet customer and regulatory requirement.

“Our quality control process has always been a thorough one,” stated GGP CEO, Casey Ingels. “From initial concepts and drawings, through to final machining, there is no doubt about the final product that goes out the door. We partner with only the best in the industry, to ensure that every product that goes out the door is worthy of the GGP name.”

The awarding of the ISO 9001 certificate will also allow for GGP to more seamlessly work within the military communities, putting the right product in the hands of the warfighter. In many cases, the ISO Certification is required with government contracts, as it is a guarantee of certain criteria, qualifications, QAQC measures and procedural consistency established ahead of time.

This Certification comes after an arduous multi-stage audit and inspection process by an independent certifying authority (who independently must have been vetted by State and Federal levels from the International Accreditation Forum).

Lords of Gastown Acquires Chris Osman Designs

Wednesday, June 6th, 2018

We are very excited to announce that Chris Osman Designs® has been acquired by Lords Of Gastown®.

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All COD® branded products will soon be re-branded as Lords Of Gastown. Chris Osman, has accepted the position as Director of Operations, Lords Of Gastown®, USA. This will stream line our distribution as well as speed up our order fulfillment to our customers in the United States. We look forward to working with you as we expand our efforts and continue to innovate and supply you with industry leading products. Thank you from all of us at Lords Of Gastown® for your support over the years!

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Chris is no stranger to acquisitions and decided to pull the trigger on this deal much earlier that anticipated.  “I owned Tactical Assault Gear for 10 years before selling it.  The biggest mistake I made was selling it to people and a company that literally have no clue as to what they are doing in the tactical space.  That’s not the case with Lords®.  We all share a tight bond, great synergy, business goals as well as a passion for what we do and the lifestyles we choose to live.” Chris also said “what I love most about this business is the life style.  Let’s face it.  We all ride a motorcycle year-round, travel thousands of miles a year using the products we make all while meeting some of the coolest people in the world.  The company motto “Freedom Is A Full Tank” spoke to me, I knew I wanted to be apart of the brand immediately.”

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Soon www.chrisosmandesigns.com will be replaced with www.lordsofgastownusa.com  This will make it a lot easier for our US customers to place orders and receive them within days.  

To learn more about LORDS® check out this video.