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Archive for the ‘Industry’ Category

Climate Neutrality by the Year 2035: Rheinmetall Contributes to Reducing Climate-Damaging CO2 Emissions with Photovoltaics

Sunday, November 27th, 2022

The technology enterprise Rheinmetall AG has taken a further step on the path to achieving climate neutrality by 2035, its stated goal. Thanks to the Group’s strong commitment and the support of local authorities, last summer a large solar power plant was successfully installed on the roofs of factory halls at Rheinmetall subsidiary Pierburg SA in Abadanio, Spain.

The 1,635 solar modules installed on the roof are now producing solar power. Annual output is expected to be in the region of 730,000 kWh. According to company calculations, this sustainably generated energy will cut the plant’s climate-harmful CO2 emissions by 175 tons annually.

For the past twelve years, the company has been systematically pursuing a long-term action plan in Spain to reduce its climate footprint, having conducted its first energy audit in 2009. Ever since, the company has done its utmost to be an efficient producer while simultaneously protecting the environment and reducing emissions. Over the years, in addition to the latest installation, the company has successfully implemented measures that have also enhanced the efficiency and sustainability of other industrial processes. These include the introduction of a geothermal exchange system, the insulation of pipes, automatic control systems for fan heaters, automatic compressed air control systems and compressed air systems for leak detection, LED technology and intelligent lighting systems (KNX), as well as coolant filtration and briquetting systems.

This year, the plant has won acclaim from various private and public sector bodies for its commitment and ongoing successful implementation of measures to optimize the reduction of CO2 emissions. In 2014 Pierburg in Spain received special recognition from the Energy Department of the Basque Government, and a year later its energy management system was recognized for good practice as part of the EFQM award. And in 2016 the plant won special recognition from the CEBEC, the confederation of the most important companies in the Province of Bizkaia.

Red Arrow Weapons Adds Phillips to Sales Team

Friday, November 25th, 2022

Fork Union, VA – Red Arrow Weapons is excited to announce Dwayne Phillips as the growing company’s latest hire.

In his role as Sales & Customer Manager, Phillips will create and execute sales strategies, develop and grow retail partner relationships, and manage customer service communication between retailers, customers, and the manufacturing team. He’ll also help Red Arrow Weapons achieve its goal of selling as many guns as possible to put the best AR platform firearm in the hands of patriotic Americans for a price that fits everyone.

“We’re thrilled to bring Dwayne on board as an integral part of Red Arrow Weapons,” said Kip Campbell, ??Founder of Red Arrow Weapons. “We’re confident his strong background and shared passion will help us better serve our partners and customers.”

To learn more about Red Arrow Weapons and browse the full lineup of products, visit redarrowweapons.com.

QinetiQ US Completes Acquisition of Avantus Federal

Wednesday, November 23rd, 2022

Lorton, VA and McLean, VA, Nov. 23, 2022 (GLOBE NEWSWIRE) — Lorton, VA and McLean, VA – QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc, an integrated global defense and security company, announced today that it completed its acquisition of Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590 million.

The combination of QinetiQ US and Avantus creates a unique platform to offer comprehensive mission-led innovation for the most sensitive and complex challenges intelligence, defense, homeland, civilian, and other government customers face today. This transaction was previously announced August 5, and the transition is expected to be seamless for customers, partners, and employees.

This integration will combine QinetiQ’s leadership in robotics and autonomous systems, sensing, protection systems, and next-generation technology services with Avantus’ advantages in strategic planning, operations, and stakeholder collaboration in a host of government operations, including cyber, data, government facility, and outer space solutions. The combination will deliver mission-led innovation in hardware, software, and mission services to the growing needs of defense, intelligence, homeland security, and law enforcement organizations, along with civilian agencies in the United States and close-U.S. allied nations including the United Kingdom and Australia.

“I am delighted that we have completed the acquisition of Avantus today – it is a strategic milestone in our five-year ambition to build an integrated global defence and security company, delivering innovation for our customers’ mission,” said Steve Wadey, Group Chief Executive Officer for QinetiQ Group plc. “This acquisition extends our customer base, strengthens our capabilities and builds scale in the largest defence and security market in the world. With a strong track record of 10%+ growth at attractive margins, Avantus is a brilliant strategic and cultural fit and positions us to meet the increasing mission-critical needs of our US defence and intelligence customers with agility and pace.”

Andy Maner, Chairman and Chief Executive Officer of Avantus, said the combination with QinetiQ US “is key to providing more opportunities and growth for our people and customers. We started this journey with our great partner, NewSpring Holdings, and now we’re taking a critical step forward that allows our collective team to leverage additional scale and investments across our world class talent, technology, and processes at a pivotal time in our market and geopolitical landscape.”

“We are thrilled to welcome our Avantus colleagues to QinetiQ US,” said Shawn Purvis, President and Chief Executive Officer of QinetiQ US. “Avantus’ elite talent, differentiated technology solutions, and dedication to mission complement our innovative culture. I am honored to lead a combined team that shares a focus on performance and a proven ability to be agile in impactful delivery at the speed of our customers’ missions.” QinetiQ is a leading science and engineering company dedicated to protecting lives and securing the vital interests of defense and security customers with distinctive offerings in experimentation and technology; cyber and information advantage; engineering services and support; robotics and autonomous systems; training and mission rehearsal; and, test and evaluation. This is complimented by the Avantus capabilities to leverage a strong consulting force to deliver technology, cyber, data, digital engineering and integration, intelligence analysis, and operations strategy and tactics to its clients, ensuring maximum efficiency and impact. 

QinetiQ US performs on classified contracts through a Special Security Agreement with the Defense Counterintelligence and Security Agency.

Citizens and Gleacher Shacklock served as joint lead financial advisers and Baker McKenzie served as counsel to QinetiQ. Guggenheim Securities, LLC served as exclusive financial adviser to Avantus and NewSpring Holdings, and Baker Tilly provided financial due diligence expertise. Blank Rome LLP and Kirkland & Ellis LLP served as counsel to Avantus. 

U.S. Patriot Tactical Supports Hero Hut with Platinum Sponsorship

Sunday, November 20th, 2022

The non-profit, Hero Hut, provides veterans, active duty, first responders, and families a comfortable place of solidarity and support at local, regional, and national events and festivals. U.S. Patriot, a GALLS® company, is a supporting Platinum Sponsor.

Hero Hut will be partnering with the Valero Alamo Bowl to host an in-game VIP hospitality space during the game through 2025.

Columbia, S.C. (November 2022) – U.S. Patriot Tactical, a GALLS® company, is pleased to announce its premier partnership with Hero Hut, whose mission is to support and encourage veterans of all generations to discover a civilian life defined by service and surrounded by community. Since 2000, U.S. Patriot has been serving the military and first responder communities. With retail stores on and off U.S. military bases and an active online presence, U.S. Patriot, is the premier lifestyle brand of choice for military personnel across the globe.

“Hero Hut is a unique non-profit for military, first responders and their families,” Mike Fadden, CEO of GALLS, explained. “By providing a place to relax, eat, and drink during events, Hero Hut creates a safe space for like-minded individuals and their families. U.S. Patriot has always been a strong supporter of this community, and this sponsorship is to express our gratitude to those who serve.”

“The Hero Hut team is delighted to announce U.S. Patriot Tactical has joined our community as our first major national sponsor and partner,” David Hoffmaster, Founder and President of Hero Hut added. “Their belief in our mission and support will allow us to truly take Hero hut to the next level while continuing to build community on the ground for thousands more Veterans and First Responders. Their support will empower dozens of worthy partner non-profits that make difference in the lives of military personnel across the nation. We cannot wait to be working with the amazing Alamo Bowl Team, U.S. Patriot Tactical, and our partner organizations to create a special experience for our Veterans, First Responders, and family guests.”

On December 29, 2022, Hero Hut will launch its largest Hero Hut at the Valero Alamo Bowl in San Antonio, Texas. Since 1993, the Valero Alamo Bowl has established various programs that recognize and support the military. The Bowl matches donations from partners to host an average of 1,00+ members of the Wounded Warriors Project, USO, and VetTix, as well as underwriting specially priced tickets to allow an additional 1,500 military personnel and their families to the game. Through 2025, Hero Hut will present the Military Club hospitality space for all ticketed military, veterans, first responders, and their families, in addition to a tailgate ahead of kickoff for this year’s 30th Anniversary game.

For more information on how to support the active duty, veteran, and first responder community through Hero Hut, visit www.herohut.org/about-us.

For more information on U.S. Patriot Tactical visit www.uspatriottactical.com.

Ghost Robotics Response to Boston Dynamics Pending Litigation

Saturday, November 19th, 2022

PHILADELPHIA, PA, November 17, 2022 — Ghost Robotics announced today their formal response to the Boston Dynamics lawsuit.

Founded in 2015, Ghost Robotics has quickly grown to become the number one supplier of legged robots to US and Allied Governments. The flagship Vision 60 robot offers best-in-class endurance, speed, weather protection, and field repairability. It is the only legged robot on the market that is capable of operating in all environmental conditions for sustained, real-world missions to improve efficiency and save lives.

Evolving from close customer collaboration, coupled with exceptional innovation at Ghost Robotics, these capabilities have led to rapid adoption by US Air Force, Army, and Special Forces as well as Allied Governments including the UK, Australia, Israel, Germany, Singapore, and the Republic of Korea Blue House.

Ghost Robotics was born out of the PhD research of CTO Avik De and CEO Gavin Kenneally, under the tutelage of the esteemed Prof. Dan Koditschek at The University of Pennsylvania. Prof. Koditschek is a pioneer in the field of legged robots and holds the patent (jointly with his former students, Martin Buehler and Uluc Saranli) for the first battery-powered, dynamic legged robot, RHex (US6481513B2, filed March 14, 2001).

Ghost Robotics’ success has not gone unnoticed by Boston Dynamics. Rather than compete on a level playing field, the company chose to file an obstructive and baseless lawsuit on November 11th in an attempt to halt the newcomer’s progress. Boston Dynamics is drawing on their considerably larger resources to litigate instead of innovate.

Ghost Robotics strongly believes that fair competition drives the market and looks forward to a thriving legged robot industry, for the benefit of humanity.

Red Arrow Weapons Promotes Reed to Marketing Director

Thursday, November 17th, 2022

Fork Union, VA – Red Arrow Weapons is excited to announce the company has promoted Danny Reed to Marketing Director & Brand Manager.

In his new role, Reed will manage marketing and social media campaigns, coordinate marketing and public relations strategies with agency partners, assist the manufacturing team with new product releases, and manage partnerships with social media influencers.

“Danny has played an integral role in Red Arrow’s success, and we’re thrilled to promote him to this new position,” said Kip Campbell, Founder of Red Arrow Weapons. “We look forward to seeing him lead our marketing initiatives into the future.”

To learn more about Red Arrow Weapons and browse the full lineup of products, visit redarrowweapons.com.

Darn Tough Vermont Receives Award from the US Department of Labor

Thursday, November 17th, 2022

2022 Hire Vets Medallion Award Granted

 

Northfield, VT (November 10, 2022) – Just ahead of Veterans Day, U.S. Secretary of Labor, Martin J. Walsh, recognized Darn Tough Vermont as one of the recipients of the 2022 HIRE Vets Medallion Award during a virtual award ceremony presented by the U.S. Department of Labor.

Darn Tough earned the Gold award – and is the only Vermont company to receive this recognition. The Honoring Investments in Recruiting and Employing American Military Veterans Act (HIRE Vets Act) Medallion Program is the only federal award program that recognizes employers who successfully recruit, hire, and retain veterans.

“We are committed to our veterans, our families, our communities and our state,” said Ric Cabot, President and CEO of Darn Tough Vermont. “Everyone at Darn Tough is dedicated to giving back to the community in every way we can. Establishing comprehensive and thoughtful programs and opportunities for veterans is another way to show our support and appreciation.”

Darn Tough joins 834 other companies from 49 states, plus the District of Columbia, who have shown a commitment to hiring veterans, but also ensuring that they have a long-term career and growth plan that uses the diverse skills they acquired through their military service.

Recipients of the 2022 HIRE Vets Medallion Award meet rigorous employment and veteran integration assistance criteria, including veteran hiring and retention percentages; availability of veteran-specific resources; leadership programming for veterans; dedicated human resource efforts; pay compensation and tuition assistance programs for veterans. More than 1,400 employers have earned a HIRE Vets Medallion Award since 2018.

DroneShield Receives HIRE Vets Gold Medallion Award from the U.S. Department of Labor

Wednesday, November 16th, 2022

Warrenton, VA – U.S. Secretary of Labor Martin J. Walsh recognized DroneShield LLC as a recipient of the 2022 HIRE Vets Medallion Award during a virtual award ceremony presented by U.S. Department of Labor. The Honoring Investments in Recruiting and Employing American Military Veterans Act (HIRE Vets Act) Medallion Program is the only federal award program that recognizes employers who successfully recruit, hire, and retain veterans. DroneShield earned the HIRE Vets Gold award (as a small employer) for its efforts and commitment to supporting veteran employment on its team.
 
“We’re honored to receive this HIRE Vets recognition by the Department of Labor and Secretary Walsh,” stated Matt McCrann, US CEO of DroneShield. “We’re proud of each of our veterans here at DroneShield and the work they do continuing to support some of the same Federal communities that they previously served among. Our company’s mission directly aligns with that of many veterans and we’ll always look to incorporate the skills and unique experience of our vets across the company, as well as continue to expand the career opportunities for our current and future veteran teammates.”
 
DroneShield joins other companies from 49 states, plus the District of Columbia, who have shown a commitment to hiring veterans, but also ensuring that they have a long-term career and growth plan that uses the diverse skills they acquired through their military service.

Recipients of the 2022 HIRE Vets Medallion Award meet rigorous employment and veteran integration assistance criteria, including (but not limited to) a high level of veteran hiring and retention percentages, availability of veteran-specific resources, and leadership programming for veterans. More than 1,400 employers have joined DroneShield in earning a HIRE Vets Medallion Award since 2018.