Tactical Tailor

Archive for the ‘Industry’ Category

Grunt Style and Core’s Shooting Team takes 5th Place in Mammoth Sniper Challenge

Tuesday, January 10th, 2017

Park City, KY- Grunt Style’s and Core’s Shooting Team participated in a 4-day precision rifle shooting competition at the Mammoth Sniper Challenge where they had an opportunity to test their skills, compete for prizes, and bragging rights.


On 8 January, in the Extreme Division, Spenser Berry and Bryan Morgan claimed 5th place and in the Open Division, Tim Jensen and Joe Caley earned 4th place.

Grunt Style’s COO Tim Jensen shared, “Despite the freezing temperatures and the vigor of the event, Spenser and Bryan showcased what Grunt Style and Core is all about: pride in self, pride in military and pride in country. I estimate that about 60% of the competitors dropped out early due to the extreme weather and the toughness of the course and its obstacles.”

“Marcus Harrison and Joe Harris of Mammoth put on another first rate long range event. We look forward to more great events with them and the Rockcastle Shooting Center”, said Grunt Style and Core Shooting Team member Joe Caley.

In addition to a great showing at Mammoth, Joe Caley and Tim Jensen co-hosted the “Rockcastle Gun Show” on ESPN KY/WWKU 1450 AM on 5 Jan 2017. “It was a great start to a great competition. It was an honor to share the stories of all the great people that make this competition one of the best around,” said Joe Caley.

espnky.com/rockcastle-gun-show-jan-5-2016

Vectronix and Optics 1 Combine to Create Safran Optics 1

Monday, January 9th, 2017

BEDFORD — Vectronix Inc. has merged with its U.S.-based research and development subsidiary, Optics 1 Inc.

The newly combined company will operate under the Optics 1 corporate trade name — Safran Optics 1.

Optics 1 Inc. will continue to be a wholly-owned subsidiary of Vectronix AG and a part of Safran Electronics & Defense, a Safran group company.

Optics 1 has been housed at 2 Cooper Lane in Bedford since 2013, and previously operated in Manchester. The defense group, which employs 65 people in Bedford, started in the 1980s and has been based in New Hampshire for about 15 years. It has shared its current location with Vectronix.

SIG SAUER Pro Shooter Max Michel Establishes New Guinness World Record

Monday, January 9th, 2017

Last Fall I was asked by SIG SAUER to witness pro shooter Max Michel’s establishment of a new Guinness World Record at SIG Academy, near Exeter, New Hampshire. Max’s effort resulted in a new category for action-pistol shooting, with the fastest speed for hitting six target plates with a 9mm handgun. Despite it being a cold day, Max did it in 2.05 seconds as his best time in three attempts. Below, you can see him getting his head in the game with numerous dry runs.

Max Michel accomplished this feat with his full-size SIG SAUER P320 in 9mm topped with a ROMEO3 mini reflex sight, ran with SIG SAUER Elite Performance Ammunition. Interestingly, the P320 comes equipped with a ROMEO1, but Max prefers the ROMEO3.

Born and bred in Louisiana, Max Michel is a very fascinating guy. Although he served for many years in the Army Marksmanship Unit, Max has been shooting since he was a kid. In fact, he told me that he started out cleaning plates just like in the Guinness World Record and related that it was a fitting challenge, bringing him back full circle to where he started.

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“Since he began shooting at 5 years old, Max has won numerous world, national and regional titles in a variety of shooting sports disciplines,” said Tom Taylor, Chief Marketing Officer & Executive Vice President, Commercial Sales. “While Max’s skill and proficiency with a pistol is well known in the shooting sports world, his latest performance transcends the competitive arena and places it squarely in the public domain. There are many great shooters out there, but a Guinness World Record title adds documented validity and notoriety, elevating Max’s credentials to an even higher level of distinction.”

Max successfully engaged an official Action Target plate rack consisting of six adjacent shooting plates measuring 8 inches in diameter at a distance of 7 meters. Under the guidelines of Guinness World Records, Michel was given three attempts in which to set the world record. Witnessed by an approved Guinness World Records judge and verified by two experienced timekeepers, Michel’s attempt was also photographed and recorded on video which will be available soon from RecoilTV.

“Growing up, I remember seeing the Guinness Book of World Records and wanting to be a part of it,” said Michel. “To receive its stamp of approval and to be recognized by your peers is one of the biggest honors I could imagine. Now, after finally having the chance to achieve a world record, I consider it to be one of the major highlights in my 25 years of competitive shooting.” Michel continued, “Perhaps one of the biggest joys I’ve experienced since setting the Guinness World Record has been the feedback I’ve received from my kids. For years I’ve been telling them about certain matches, how I performed and what it meant to me, but to see their reaction when I showed them the certificate from Guinness was truly unbelievable. I’m extremely blessed to have this opportunity and I look forward to seeing how my fellow competitors and recreational shooters respond to this new challenge. I hope it encourages them to set their own records as I will certainly be ready to match their performance whenever the time comes.”

Here you can see Guinness official Jimmy Coggins presenting Max Michel his official certificate for his World Record.

As you can imagine, Max is proud of his accomplishment. It’s not only good for him, and SIG, but also for shooting sports. Consider that shooters all around the world will be vying to beat his record. Now that we’ve heard about his accomplishment, let’s see it.

As you can see, Max Michel is definitely fast. Maybe you’re faster. Look for details soon on how you can take on Max’s Guinness World Record.

Also on hand to capture the event was RecoilTV. To watch the full documentary of Max Michel’s world record performance, visit recoiltv.com.

Mission Ready Announces Private Placement & Provides Wild Things Acquisition Update

Thursday, January 5th, 2017

VANCOUVER, B.C. – January 4, 2017 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V : MRS) announces that it has arranged a non-brokered private placement of up to 11,000,000 units (the “Units”) at $0.10 per Unit for gross proceeds of up to CDN $1,100,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Share”) and one share purchase warrant (each whole warrant, a “Unit Warrant”). Each Unit Warrant will entitle the holder to purchase one additional common share in the capital of the Company (a “Unit Warrant Share”) at a price of $0.15 per Unit Warrant Share until December 21, 2018.

The Unit Warrants are subject to a forced exercise provision whereby, if the volume weighted average price for the Company’s common shares is CDN $1.00 or greater for a period of not less than 10 consecutive trading days from a date beginning 4 months and one day following the date of issue, and the Company so elects, the holders of Unit Warrants will have 30 calendar days to exercise all or a portion of their Unit Warrants. Any Unit Warrants remaining unexercised after the expiration of the 30-day notice period will be cancelled and will thereafter be of no force or effect.

The proceeds from the Offering will be used for the advancement and growth of the Company’s current initiatives, including manufacturing equipment, materials and working capital.

The Offering is subject to applicable Canadian prospectus exemptions being available along with a number of conditions, including, but not limited to, receipt of all necessary corporate approvals and TSX Venture Exchange approval. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Wild Things, LLC Acquisition
Further to the News Release dated September 1, 2016 announcing the signing of a Letter of Intent to acquire Wild Things, LLC, Mission Ready reports that the expected close date of Q4 2016 has been delayed to allow the completion of certain conditions precedent in the Asset Purchase Agreement (“APA”) with Wild Things LLC, including the execution of definitive agreements for the sale of selective brand name rights for certain East Asian countries to a strategic Japanese trading company. All third party negotiations and conditions of the APA are expected to be finalized within the next 30 days.

SOTech 20th Anniversary Party

Thursday, January 5th, 2017


To show our sincerest appreciation to our friends for the support they have given us at SOTECH over the past 20 years, we want to invite all of you to our Anniversary Party and Open House on Thursday, January 5th, 2017 at SOTECH, 206 Star of India Lane, Carson, CA, between noon and 7PM. We will have food, giveaways and raffles, and a lot of reminiscing with old friends. We will also have factory tours and displays of our newest pack system, medical system, and IFAKs. All friends/customers are welcome, its an open party. The party will continue at SHOT Show Booth 20113, and at the SOTECH / Less Lethal Systems House in Las Vegas (stay tuned for details).

There will also be displays of the projects built by Vets Corps USA, and an unveiling of the new Veteran-US non-profit support project. The “Stitch or Die” phrase has been adopted by some of our at-risk veteran program members as a bit of a rallying cry.

www.SOTECHTactical.com

Ross Botha Joins Lancer Systems

Wednesday, January 4th, 2017

Lancer Systems is proud to announce that Ross Botha has joined their team as Director of Government and International Sales.


Lancer Systems is an engineering-driven company. Their goal is to provide total engineered solutions; applications assessment, component design & development, validation and manufacturing. Lancer Systems aim to fill capability gaps for the military, law enforcement agencies, OEMs and end users across the defense, oil and gas, and aerospace industries. Lancer’s facility has a Type-07 Federal Firearms License as well as an SOT allowing them to manufacture firearms as well as NFA items. Lancer Systems designs, develops and tests all advanced weapons and components in-house. Lancer Systems is well known for their L5AWM and L7AWM ultimate hybrid magazines for military self-loading type rifles.

Ross comes from a military background and has been involved in the defense industry for well over 20 years with much of this time as Director of Training for a large defense related training provider in Southern Africa. After relocating to the United States, Ross continued this involvement and worked as law enforcement/military sales associate, Director of Training and National Sales Manager and Industry Expert, Training and Development for well-known defense companies such as Cor-Bon, SAGE International and SDI, Inc.

Ross says “My goal is to continue building Lancer Systems’ first class reputation as cutting-edge manufacturer, effective top-tier supplier and innovator of products that keep Americans and our friends internationally, safe; in a progressively hostile and dangerous world”.

Ross is an ILEETA (International Law Enforcement Educators and Trainers Association) and NRA (National Rifle Association) Member. He carries qualifications amongst others from:
• International Firearms Training Academy
• International Training Academy
• Defense Training International
• Behavior System Development
• SAQA, SASSETA, POSLEC SETA
• South African Defense Force
• South African Police Service
• Personal Defense Systems
• University of South Africa
• PRISA

www.lancer-systems.com

This is great news. Congratulations to Ross as well as Lancer Systems!

Mission Ready Secures $10,000,000 Equity Facility with New York Private Equity Firm, Alumina Partners LLC

Wednesday, January 4th, 2017

VANCOUVER, B.C. – December 22, 2016 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V : MRS) is pleased to announce that, on December 21, 2016, the Company executed a non-binding term sheet for a draw-down equity facility of up to CDN $10,000,000 with private equity firm, Alumina Partners LLC (“Alumina Partners”). Each Offering will occur exclusively at the option of the Company throughout the 24-month term of the agreement.

Pursuant to the term sheet, Alumina Partners will commit to purchase up to $10,000,000 of units of the Company (the “Units”), through a series of equity private placement offerings (the “Offerings”), to be conducted at the sole discretion of Mission Ready, in draw down amounts of up to $1,000,000. The Units will consist of one common share and one common share purchase warrant with the Unit price set at a discount of 22% to the market price of the common shares of the Company and the exercise price of the warrants set at a 25% premium over the market price of the common shares. The securities sold and purchased in connection with each placement shall be issued subject to a definitive investment agreement between Alumina Partners and the Company.

“This arrangement comes at an excellent time for the Company as we roll out our portfolio of protective products, now being manufactured by us, and move forward with our growth initiatives planned for the next 24 months. We are honored to have been selected by Alumina Partners and look forward to leveraging this opportunity to maximize Mission Ready’s capital resources while, at the same time, limit dilution for our shareholders as much as possible.” states Rod Reum, CEO of Mission Ready.

“Alumina could not be more pleased to stand with and support Mission Ready as they deploy all of their formidable experience and cutting-edge insight to innovatively address the shortcomings of the previous generations of life-saving protective equipment issued to our men and women in uniform,” said Adi Nahmani, Alumina’s Managing Member. “Our armed services and first responders are the shield that protects us all, and in order to better protect them Mission Ready is introducing tomorrow’s technologies today.”

JJE Capital Acquires Destructive Devices Industries Under Same Umbrella as Palmetto State Armory

Wednesday, January 4th, 2017

Columbia, S.C. (January 2, 2017)- In an acquisition that strengthens the USA made AK market, JJE Capital (PSA’s parent company) announced the purchasing of a majority equity interest in the boutique firearms manufacturer and importer Destructive Devices Industries. Palmetto State Armory CEO Jamin McCallum was quoted saying “This move will allow a concentrated effort by both PSA and DDI to continue the growth of the all American made AK-47 and its variants.” David Fillers of DDI will continue with the company as a financial partner as well as in an advisory role, he was quoted saying; “It was time to take DDI to the next level, and the best way I saw to do that was to partner with a proven industry leader.” Both PSA and DDI will remain separate entities, but will partner on R&D and compatibility in all related fields in order to pass on the benefit to the customer. This level of detail will be acquired through a joint venture between the two companies known as the “AK Excellence Center” which will be located in Columbia, SC and will focus on new developments for the iconic firearm. DDI also announced that its focus moving forward will be the US production of quality rifles. DDI will continue to stand behind all imported items that were previously sold, but from this point forward will no longer be a firearms importer. Adam Ruonala, Chief Marketing Officer of Palmetto State Armory said; “This move is a chance for two innovators of the American AK platform to come together, and with that kind of creativity at the helm, there is no telling how far this ship can go!”