B5 Systems

Archive for the ‘Industry’ Category

HOP Munitions Fills the Gap Amid Vista Outdoor’s Uncertainty

Wednesday, July 24th, 2024

Hayesville Ohio, USA – [July 2024] – In light of recent news regarding Vista Outdoor’s ammunition division facing potential sale and shareholder uncertainties, HOP Munitions, a trusted U.S.-based ammunition manufacturer, is stepping up to provide American shooters with a reliable and high-quality alternative.

Vista Outdoor’s Market Challenges

Vista Outdoor, a leading ammunition supplier, is experiencing significant challenges that have led to concerns among shareholders and consumers. Speculation about potential sales or restructuring has introduced uncertainties in the market, prompting many shooters to seek dependable sources for their ammunition needs.

Impact on American Shooters

The instability surrounding Vista Outdoor’s future poses several risks for American shooters:

? Supply Chain Disruption: Potential changes in Vista Outdoor’s operations could lead to delays and shortages, disrupting the supply of ammunition for recreational, hunting, and self-defense purposes.

? Price Fluctuations: Restructuring or new ownership might bring price adjustments, making it difficult for shooters to plan their purchases.

HOP Munitions: A Trusted Alternative

Amid these challenges, HOP Munitions stands out as a steadfast provider of high-quality ammunition. HOP Munitions is committed to domestic production and strategic sourcing, ensuring a stable and reliable supply for American shooters.

Key Advantages of HOP Munitions:

? Consistent Supply: Despite industry-wide challenges, HOP Munitions has maintained a steady supply of ammunition through effective production management and strategic sourcing.

? High-Quality Products: HOP Munitions prides itself on producing ammunition that meets stringent quality standards, providing shooters with reliable performance for various applications.

? Domestic Production: By manufacturing ammunition within the U.S., HOP Munitions reduces dependency on foreign suppliers, offering a more secure and stable supply chain.

Navigating the Gun Powder Shortage

The ammunition industry has also faced a gun powder shortage, affecting many manufacturers. HOP Munitions has navigated this challenge by diversifying suppliers and optimizing production processes, ensuring continued supply even when others face delays.

Transparency and Communication 

HOP Munitions values transparency and has kept customers informed throughout the gun powder shortage, building trust and loyalty. This commitment to clear communication further distinguishes HOP Munitions as a reliable partner for American shooters.

Darley Names Lee J. Wise as Chief Financial Officer

Tuesday, July 23rd, 2024

ITASCA, IL – 7/22/24 – Darley announced that Lee J. Wise has been named Chief Financial Officer of Darley, effective July 22, 2024.

Mr. Wise joins Team Darley from Covetrus, where he was a Senior Vice President of North America Distribution and Category Management at Covetrus (based in Portland, Maine) where he led a $2 billion animal healthcare distribution business and previously their North American finance team. Prior to Mr. Wise’s tenure at Covetrus, he was a Vice President of Corporate Finance at Mauser Packaging Solutions, where he led the corporate finance group, overseeing FP&A, IR, strategy, treasury and corporate development. Mr. Wise’s previous roles include financial leadership positions within treasury and corporate development for Rockwell Collins, Inc., Treehouse Foods, Inc., Mead Johnson Nutrition Company, and Brunswick Corporation.

As CFO, Mr. Wise’s experience and leadership will guide Darley’s financial organization and activities including accounting and controllership, financial planning and analysis, tax, internal audit, and treasury. “I am very excited to join Team Darley. The company’s customer-centric and values-based culture, along with its strategic market positioning, holds great potential for continued growth and value creation.” said Mr. Wise.

Darley CEO Paul Darley, said, “We’ve completed an exhaustive CFO search and have found the perfect Team Darley member in Lee Wise. Lee comes to us with a strong financial, business development, strategy, and defense background. We are so excited to have him join our leadership team.”

Mr. Wise holds a Master of Science in Finance from the University of Indiana’s Kelley School of Business and a Bachelor of Arts and Business Administration in Economics from the University of Iowa. A native of Iowa, Mr. Wise now resides in Lincolnshire, Illinois, with his wife and children.

Brownells Donates $100,000 to Task Force Expedition

Sunday, July 21st, 2024

GRINNELL, IA – Task Force Expedition (TFE) is proud to announce Brownells as the Title Sponsor for TFE’s inaugural campaign to the summit of Mount Kilimanjaro. As a newly formed 501(c)(3) nonprofit, Task Force Expedition is dedicated to raising funds and awareness for military, first responder, and Second Amendment related nonprofits. Without Brownells generous support, the creation of Task Force Expedition would not have been possible. 

From June 27 to July 8, TFE embarked on its inaugural expedition to the summit of Mount Kilimanjaro, Tanzania. This “once in a lifetime” adventure was documented by Prelude Films and will be turned into a feature-length documentary to be released this Fall. The expedition was funded entirely by industry sponsors and each sponsor was paired with a nonprofit organization to form a team. With their Title Sponsorship, Brownells teamed up with Special Operations Wounded Warrior, also known as SOWW. Other teams included the American Suppressor Association Foundation, Frontline Healing Foundation, Special Operations Care Fund, and a nonprofit in the UK that supports members of an elite British Special Forces unit.

The adventure itself wasn’t a competition, but the five teams competed to see who could raise the most funding through public donations By the end of the year, the funds raised by Task Force Expedition will be pooled together and equally distributed among selected nonprofits.

“At Brownells, we are committed to supporting those who protect our freedoms,” said Pete Brownell, Secretary of Task Force Expedition and Chairman of Brownells. “By partnering with Task Force Expedition, we are able to contribute to a cause that aligns with our values and supports our heroes. We are honored to be part of this initiative and look forward to seeing the positive outcomes it will generate.”

Knox Williams, President of Task Force Expedition and the American Suppressor Association Foundation added, “We are incredibly grateful to Pete and the team at Brownells for their unwavering support. Simply put, their donation made the Task Force Expedition possible. We have a tremendous opportunity to make a big impact on the lives of the people that rely on the services provided by these nonprofits. I look forward to working with Pete and his team to climb both the literal and the proverbial mountain ahead as we join forces for a greater good.”

For more information about Task Force Expedition and how you can support their cause, please visit taskforceexpedition.com.

Overwatch Group and PteroDynamics Conduct First Ever UK Flights of Transwing UAS

Friday, July 19th, 2024

Following the recent announcement of a strategic partnership between Overwatch Group and PteroDynamics, the companies have this week completed the first ever UK flights with the pioneering Transwing® unmanned aerial systems (UAS). Overwatch are a UK-based end-to-end design and manufacture company specialising in advanced unmanned system and munitions technologies, and PteroDynamics are innovators in vertical take-off and landing (VTOL) aircraft systems. Overwatch and PteroDynamics will be conducting the first flight demonstrations of the Transwing® capability to government and industry stakeholders at their site in the UK on 22nd and 23rd July.

Transwing® has been designed to overcome the challenges of carrying significant payloads whilst delivering the range required to provide enhanced operational effect. The unique dihedral folding wing system generates more surface area for greater lift and load carrying stability with less power, providing the ability to launch and land on small footprints regardless of the angle. The dual-use autonomous Transwing® series of variants also provides a range of innovative UAS capabilities designed to push the boundaries of operational flexibility and efficiency. Next week’s demonstrations will feature the smaller electric version of the Transwing® with its 6.8kg payload, 65 knot cruising speed and 60nm range. Its enhanced manoeuvrability in austere conditions and confined spaces, and impressive beyond visual line of sight (BVLOS) capabilities brings greater opportunity for mission success in civilian and defence maritime, land and air operating environments.

Traditionally, critical items delivered by air for resupply are conducted using manned aviation assets. On the basis of ‘Think Big, Start Small and Scale at Pace”, the payloads selected for the Transwing® X-P4 and X-P5 variants have been driven by studies into critical resupply to ships. The study of 3500 sorties using helicopters found that 46% had a payload under 1Kg and over 90% were under 25Kg. The ability of Transwing® to carry payloads that land and launch on moving vessels and vehicles, coupled with a significantly reduced real estate footprint underscores its adaptability for at sea and land applications, where autonomous operation and payload delivery are becoming increasingly critical requirements.

Central to Overwatch’s strategy is to drive innovation and efficiency in UAS technology across their range of capabilities, with a keen focus on meeting evolving requirements. The Transwing® UAS enhances operational effect by seamlessly integrating reduced platform operating costs, quicker mission turnaround times, and improved safety protocols. The system can perform potentially dangerous, high-risk evolutions with maximum efficiency and minimal risk to personnel by removing human exposure to certain threats.

Drew Michael, CEO at Overwatch Group said, “We are extremely proud to have completed the first ever UK flights working in collaboration with PteroDynamics, with progress to introduce the Transwing® UAS to the UK accelerating rapidly since the recent announcement of our strategic partnership. After today’s successful training flights, excitement is building towards the Overwatch UK Transwing® flight demonstrations next week. It will be our first opportunity to deploy the Transwing® and for visitors to see its unique proprietary advantages over traditional VTOL platforms.”

COHORT PLC Contract Award

Tuesday, July 16th, 2024

EID signs €33m contract with NATO Communications and Information Agency

Cohort, the AIM-listed independent technology group, announces that, following a competitive tender, its subsidiary EID has signed a contract with the NATO Communications and Information Agency (NCI Agency) to supply the Portuguese Army with a Tactical Deployable Communication and Information System (TDCIS). The value of the signed contract is €33 million with delivery over a three year period.

Andy Thomis, Cohort Chief Executive, said:

“We are delighted that EID has been selected for this important programme. EID is well-known for its communications technology and TDCIS will provide the Portuguese Army with a highly effective, modern system, interoperable with NATO allies. Together with recent contracts to provide its Integrated Communications System to Damen for the Portuguese Navy´s Multi-Purpose Vessel (MPV) and to the Chilean Navy, this win takes EID’s order intake to over €45m in the last 4 months.”

Amy Coyne Joins NOBLE as Chief Revenue Officer

Tuesday, July 16th, 2024

Boston, MA, July 8, 2024 — Noble Supply & Logistics, LLC is pleased to announce that Amy Coyne will become the company’s Chief Revenue Officer (CRO). In her new role, Amy will lead NOBLE’s High-Touch Customer Solutions team, providing aerospace, C5ISR, CBRNE, expeditionary, MRO, and tactical mission support with products, training, and services through NOBLE’s multi-award contracts with the Defense Logistics Agency (DLA) and the General Services Administration (GSA).

Tom Noble, CEO, expressed his confidence in Amy’s appointment: “I am delighted to welcome Amy Coyne to our team. Her leadership talent and extensive industry experience will be invaluable as we continue to support mission success for our customers across the Department of Defense, U.S. Federal Government, and allied foreign military. I look forward to working together to drive our High-Touch Customer Solutions business forward.”

Amy joins NOBLE with a distinguished 25-year career in the defense industry. She has held significant leadership roles with leading tactical equipment suppliers. Most recently, as CEO of Revision Military Ltd., Amy led one of the largest suppliers of ballistic and laser protective eyewear to U.S. and allied militaries and law enforcement agencies globally. She also served as CEO of Wild Things, LLC, and Vice President of the Organizational Clothing and Individual Equipment (OCIE) Market at ADS Inc. As President and CEO of Propper International, she oversaw the production of over 120 million garments for the U.S. Armed Forces, including the Army, Air Force, Navy, Marines, Coast Guard, and Special Forces, as well as law enforcement and tactical retail stores across the country.

Amy’s professional journey is complemented by her strong educational foundation. She holds a Bachelor of Science in Textile Engineering from the Philadelphia College of Textiles & Science and a Master of Science in Textile Technology from the Institute of Textile Technology. These qualifications and her extensive industry experience make her a formidable addition to the NOBLE team.

Street Smarts VR Acquires Canadian-based ChimeraXR

Tuesday, July 16th, 2024

Street Smarts VR (SSVR), the leader in immersive training solutions for conflict resolution, is proud to announce its acquisition of ChimeraXR (CXR), a fast growing developer of Extended Reality (XR) simulations. This strategic acquisition of Toronto-based CXR strengthens SSVR’s position as a frontrunner in tactical simulations and enhances its capabilities to serve the Canadian Department of National Defense, the Royal Canadian Mounted Police, and police services across Canada.

“Street Smarts and Chimera are deeply aligned in our mission to improve security, both globally and domestically, through world-class training of first responders,” said Oliver Noteware, CEO and Founder of Street Smarts. “Chimera’s culture and technical competencies are informed by their team’s personal experiences training for and conducting overseas operations, just like our team. We are incredibly impressed with the entire Chimera team. At Street Smarts, we are committed to attracting the best talent to deliver unparalleled training that enhances readiness and decision-making in complex environments.”

SSVR continues to invest in the expansion of its training platform. The acquisition of ChimeraXR introduces advanced AR and MR technologies, allowing for immersive training experiences in existing environments, thereby enhancing realism and relevance. These capabilities enable the creation of high-intensity, XR-based content such as active shooter scenarios and Vehicle CQB (VCQB) training. The integration of AR, MR, and VR technologies within the unified platform further solidifies SSVR’s position as the leading provider of comprehensive, immersive training solutions.

“After dedicating four years to building ChimeraXR, I am proud to now be part of the talented and like-minded team at SSVR.” said Taylor McCubbin, CEO of Chimera XR. “This new chapter presents a unique opportunity for our customers, partners, and suppliers to continue innovating and advancing simulation training for first responders, defense, and public safety agencies.”

About SSVR

SSVR is the market leader in immersive training technologies, providing solutions to law enforcement, military, and private security sectors around the globe. Founded with the mission to enhance operational readiness and safety, SSVR continues to innovate with user-centric solutions that prepare personnel for real-world challenges.

Remington Announces 3rd Annual Shoot to Cure Fundraiser

Sunday, July 14th, 2024

LONOKE, Ark. – July 11, 2024 – Remington Ammunition will be hosting its 3rd Annual Shoot to Cure sporting clays fundraiser on September 20, 2024. This exciting event brings together the outdoor industry, local Arkansas businesses and professional shooters from Team Remington to support the Arkansas Children’s Foundation as well as children’s hospitals and disease research nationwide.

Showcasing Remington’s Gun Club Cure line of target shotshell ammunition, last year’s event was an overwhelming success, with participants and sponsors raising over $15,000.

“Big Green is delighted to announce another year of the Shoot to Cure event,” said Remington’s Director of Marketing Joel Hodgdon. “We are passionate about making a difference in the lives of children in our local community and beyond. We hope to see plenty of shooters of all skill levels join us again at this year’s event for a chance to win great prizes, bragging rights and ultimately raise even more support for a great cause.”

Remington receives support from sponsors around the industry and would like to thank the sponsors of the 2023 event including Nighthawk Custom, Starline Brass, Benelli, Hornady, Fort Thompson Sporting Goods and Rob Roberts Custom Gun Works.

Hosted at Remington’s historic Gun Club just steps from Big Green’s ammunition factory, the club features facilities for trap, skeet, sporting clays and five-stand. Whether it’s a family outing, corporate event or a sanctioned competition, Remington Gun Club allows visitors to put the world’s finest shotshells to the ultimate test.

Those interested in participating or sponsoring Shoot to Cure can email kris.carson@remington.com