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Archive for the ‘Industry’ Category

Chemring Awarded Contracts Worth £278m

Tuesday, November 5th, 2024

Chemring is pleased to announce that its Norwegian subsidiary, Chemring Nobel, has signed a twelve-year framework agreement with Diehl Defence GmbH & Co. KG (“Diehl Defence”) for the supply of MCX energetic material. Under this framework agreement Chemring Nobel also signed an initial purchase order valued at €231m; deliveries under this contract will be over a five-year period commencing in late 2026. In 2023, Diehl Defence and Nammo AS created an industrial working group to supply the German Government with 155mm munitions for the German Armed Forces and their allies and in July 2024 they received their initial delivery order.  Under this order, production of 155mm munitions will use Nammo’s munitions technology for which Chemring Nobel is the only qualified supplier of MCX material.

Chemring is also pleased to announce that its US subsidiary, Chemring Energetic Devices (“CED”), has received an order valued at $106m for the delivery of critical components for use in an undisclosed US missile programme. Deliveries under this contract will be over a five-year period commencing in 2026.

Further to the announcement on 17 October 2024, Group adjusted operating profit for the year ended 31 October 2024 is expected to be in-line with consensus expectations of £70.9m.

Michael Ord, Chief Executive of Chemring, commented:

“These significant contract wins illustrate the deep long-term relationships that we have built with our customers.  It is further evidence of the sustained and growing demand for our products and supports our investment decisions to increase the capacity of our three energetics businesses, and reinforces Chemring’s position as a key supplier to NATO.”

Jay Stuart Named Vice President of Commercial Sales for Sierra and Barnes

Tuesday, November 5th, 2024

MONA, Utah. – November 4, 2024 –Sierra Bullets and Barnes Bullets announces Jay Stuart as its new Vice President of Commercial Sales, tasked with leading the sales efforts and securing business opportunities. Stuart joins Sierra and Barnes with an extensive background in the outdoor industry, previously working with leading companies such as Vista Outdoor, Union Sportsmen’s Alliance, Boy Scouts of America and Remington Outdoor Company. Having invaluable experience in sales leadership, Stuart brings a wealth of knowledge in assessing opportunities and cultivating strong client relationships.

“We are very excited for Jay to join our team,” said Sierra and Barnes VP, Marketing and Business Development Andrew Sparks. “He has a wealth of experience in both sales and the outdoor industry and will be an invaluable asset to our Sierra and Barnes team.”

Stuart’s experience and leadership in sales is evident through his success in developing field sales forces, agents and independent representatives throughout the US. He has a proven track record in partner strategy development and client and donor relations. Having most recently served as Director of Sales and National Retail Accounts for Vista Outdoor, Stuart managed and directed sales responsibilities. This entailed developing annual sales plans and securing new product placements for several major retail accounts. His experience is a testament to his ability to create growth and increase consumer brand loyalty.

“Having previously worked with Jay, I am thrilled to have him on board and believe he will play an integral role in propelling our brands forward,” said Jim Bruno, CEO of Sierra and Barnes. “His expertise and passion for this industry makes him the perfect fit for our team.”

In his new role, Stuart oversees domestic and international commercial sales markets, as well as manages and leads the sales teams for Sierra and Barnes. He provides a deeper understanding of market trends and maintains a constant pulse on consumer needs, competition and brand position. Stuart will also play a crucial role in trade show planning and attendance.

“I am looking forward to being part of a great team and iconic American-made ammunition brands. Sierra and Barnes are leaders in the ammunition space, and I see a tremendous amount of pride in the quality and workmanship from the women and men here,” said Stuart. “I am also looking forward to working with Jim again. We have a great relationship and leverage our sets of strengths to support each other. I have a great sense of pride being part of the shooting sports industry, and I’m excited to continue this journey with Sierra and Barnes.”

Jay Stuart can be reached at jays@sierrabarnesbullets.com. More information on the latest new products and offerings from Sierra and Barnes is available at www.sierrabullets.com and www.barnesbullets.com.

D3O and Craig International Ballistics Partner to Enhance Military Body Armor with Next-Generation Ballistic Foam

Monday, November 4th, 2024

Blacksburg, Virginia 11/04/24 — D3O, the global leader in advanced protection solutions, is proud to announce a collaboration with Craig International Ballistics (CIB), a prominent manufacturer of ballistic protection based in Queensland, Australia. This partnership will include CIB’s use of D3O’s latest generation Ballistic™ foams to reduce back face signature trauma in body armor systems for a significant military contract, enhancing the protection and comfort of personnel across the APAC region.

CIB, has over 25 years of experience in high-performance protection solutions, and serves military and law enforcement customers with a range of products, including body armor, hard armor plates, tactical shields, and platform armor. CIB began testing D3O’s advanced ballistic foam in early 2024 at its cutting-edge onsite ballistic testing facility, where rigorous evaluations validated the foam’s ability to reduce back face signature (BFS) and weight in armor systems.

Simon McNair, D3O SVP of Sales, emphasized the significance of this partnership, saying, “At D3O, we are committed to creating advanced material solutions that meet the highest standards of protection in the defense sector. Our partnership with Craig International Ballistics is an example of how two industry leaders can collaborate to deliver life-saving technologies to military personnel. The integration of our ballistic foam with CIB’s body armor systems is a big step forward in reducing back face signature injuries in armed conflicts.”

James Craig, CIB’s Executive Director said “Having our own onsite ballistic testing laboratory was a significant resource and pivotal in the initial validation process of these new products. The capability demonstrates to our customers our ability to quickly test and adopt the latest raw material innovations from partners such as D3O but provide ongoing quality assurance of internal batch testing during production”.

Earlier this month, CIB delivered nearly 10,000 units to a military client, integrating D3O’s ballistic foam into hard armor systems that achieved proven BFS reduction and optimized weight for enhanced wearer mobility and protection.

“Our focus at CIB, is to deliver our customers world-leading solutions, providing the lightest weight protective products for our service personnel.” Said Ed Clark, CIB’s Chief Technology Officer, “A big part of that is embracing new raw material innovations as well as enhanced processing methods”.

Through this new partnership, D3O and Craig International Ballistics are raising the standards of protective equipment for military and law enforcement personnel worldwide.

Elbit America Announces Two Additions to Board of Directors

Monday, November 4th, 2024

FORT WORTH, TEXAS – OCT. 30, 2024 – Elbit Systems of America, LLC, (Elbit America), is a high technology company, providing product and system solutions that focus on United States military, homeland security, commercial aviation, and medical instrumentation markets. Mr. Todd Gautier and Mr. Scott Greene, both of the Dallas-Fort Worth Metroplex, joined the company’s Board of Directors this month. The Directors provide leadership, vision and experience to the company and its shareholders.

Mr. Todd Gautier has more than 35 years of combined experience in the U.S. Navy and in the aerospace and defense industry. He spent more than 20 years at L3Harris Technologies Corp., retiring as President of L3Harris Aviation Systems. The multi-billion-dollar segment provided solutions, products, and services to the U.S. Department of Defense, allies and select commercial markets. Prior to his tenure at L3Harris, Mr. Gautier served a little more than 14 years in the United States Navy as a Naval Aviator and F/A-18 Strike Fighter Pilot. Mr. Gautier has a bachelor’s degree in business administration from Southern Methodist University.

Mr. Scott Greene’s career in the aerospace and defense industry spanned more than four decades. He retired from Lockheed Martin as the Executive Vice President of the Missile and Fire Control business area. He was affiliated with Lockheed Martin for most of his career, working in several lines of business, supporting the Department of Defense and international partners. Through various leadership roles with the company, Mr. Greene honed his finance, strategic planning, operations, engineering, and product development expertise. Mr. Greene has a bachelor’s degree in business and applied economics from Cornell University.

“As Elbit America continues to grow our portfolio and capacity as a critical member of the U.S. Defense Industrial Base, it’s important that we have sound guidance. With the addition of Todd Gautier and Scott Greene, the expertise of our Board of Directors expands exponentially,” said Luke Savoie, the company’s President and CEO. “Our Board of Directors has an extensive understanding of our industry, financial acumen, and the experience that comes with service to our nation and within our local communities. This mix of talent and skill will serve our customers and our company well.”

Elbit America’s Board of Directors are committed to the oversight of company activities and methodologies. They advocate for our customers, igniting our workforce to offer innovation in the various markets we serve. 

To learn more about Elbit America’s Board of Directors, visit www.elbitamerica.com/board-of-directors#bod.

NFM Group Meets with the Norwegian Minister of Defence

Thursday, October 31st, 2024

THE NORWEGIAN MINISTER OF DEFENCE AT NFM

FOCUS ON EQUIPMENT FOR NORWEGIAN SOLDIERS AND SUPPORT FOR UKRAINE

30 OCT – The Norwegian Minister of Defence Bjørn Arild Gram visited NFM Group’s headquarters in Norway on Friday 25th of October. The purpose of the visit was to give the Minister and the leadership of the Ministry of Defense an insight of NFM’s position, capacities and activities in the Norwegian defense industry.

This was the first time Gram visited NFM Group, which is Norway’s third largest company in the defense industry. The delegation included political adviser in the Ministry of Defense, Ingrid Nikoline Sand and adviser Håkon Jahr, as well as expedition manager in the investment department, Anders Melheim, and senior communications adviser, Asgeir Spange Brekke.

Walter Øverland, CEO and one of the founders of NFM, presented the company’s history which began in 1996, when he and three other active members of the Norwegian defense wanted to improve their issued equipment. They began by redesigning combat vests, and shortly after the four partners received their first order from the Norwegian Armed Forces.

To meet the increasing demands, the first factory was opened in Poland. Today, NFM has over 1,000 employees spread over seven production and sales locations in Europe and the USA, with an annual result of around NOK 3 billion.

The history and strong growth of the NFM is impressive, noted the Minister of Defense. It is incredible how NFM has gone from 0 to 100 in so few years.

THE COMBAT VEST PROGRAM AND PRODUCTS

NFM has recently completed the first delivery of 22,000 new and complete combat vest systems to the Norwegian Armed Forces, which will give Norwegian soldiers access to one of the world’s most modern and modular systems. This has been developed through good cooperation between NFM, the Norwegian Defense Research Institute, Norwegian Defense Material Agency and the Norwegian Armed Forces.

The combat vest M22 is a significant upgrade of the load bearing system for Norwegian soldiers. It is scalable and can easily be adapted to different roles and missions. The vest is made of a laser-cut, innovative material that withstands absorbing water. Weighing only 1500 grams, the vest is one of the lightest on the market. The combat vest is an example of how research and development can increase soldiers’ operational ability with lighter, better and more comfortable equipment, Øverland explains.

Defense Minister Gram pointed out the need for more equipment in line with the Defense’s growth:

We plan to increase the number of conscripts by 50 percent, which entails a great need for equipment to maintain readiness. It has been very interesting to learn more about NFM and explore the possibilities for long-term cooperation locally, he said.

With the recent delivery of combat vests to the Norwegian Armed Forces as a testament of a successful cooperation, NFM sees great opportunities in the expanded cooperation across the Nordics.

With Sweden and Finland as members of NATO, the situation is now very good for more Nordic cooperation in the procurement of material. We experienced a shared positive agreement in the meeting room that the opportunities are particularly good in equipment for personal equipment and protection,said Øverland.

SUPPORT FOR UKRAINE

During the meeting, Ukraine also became an important topic, a country with an urgent need for personal protective equipment for soldiers on the front line. The Norwegian Armed Forces have already donated significant amounts of material to Ukraine. Immediately after the full-scale invasion, the Norwegian Armed Forces donated some vests from their own stock. These vests were originally manufactured by NFM.

Through social media, NFM has received feedback from Ukrainian soldiers where they express gratitude that the NFM equipment has saved their lives after surviving attacks. A direct result of the Armed Forces’ donations.

Through social media, NFM has received feedback from Ukrainian soldiers where they express gratitude that the NFM equipment has saved their lives after surviving attacks. A direct result of the Armed Forces’ donations.

Ukraine needs significant mobilization, and we have many Norwegian soldiers who help train the Ukrainian forces. We also contribute to equipping them. With the war in Europe, it is crucial to ensure that the soldiers have the protection they need. Through direct dialogue, we want to give the industry predictability, so that they can support our common goals in the best possible way, said Gram about Norway’s efforts for Ukraine.

Øverland from NFM emphasized how important it is to have long-term plans for efficient production:

If we have a 12-month horizon, it is incredible what we can achieve. If we know what the needs are and the volumes that will come over time, we can streamline the production and make it more cost-effective for the Norwegian Ministry of Defense.

TOUR OF PRODUCTION AND THE TEST LABORATORY

The Minister of Defense and his entourage were also given a tour of NFM’s head office in Ski in Norway, where they, among other things, could experience how the company produces ballistic plates and helmets.

NFM has developed an advanced press technology that enables pressing with controlled temperature and pressure, operating with 2-3 times higher pressure than the competitors. This provides a better consolidation of the fibers and results in higher performance in the products, explained Øverland.

At NFM headquarters we have our own test lab on site, where ballistic products are tested according to international standards. This gives access to immediate test results, before they are sent for verification at independent laboratories, ensuring a very time-efficient development process.

The Norwegian Defence overviewed a demonstration from Principal Ballistic Engineer, Susanne Thomesen. Thomesen had just before the presentation, shot some ballistic plates in the test laboratory, as part of a development project together with another western country.

STRENGTHENING COLLABORATIONS

We take pride to host this important visit, having the opportunities to share our insights, achievements, and visions for the future. NFM Group will continue the strengthening our collaboration with Norwegian authorities and contribute to the ongoing efforts for the Norwegian defence.

nfm.no

Premier Body Armor’s Role in Solving a Key Challenge in the Security Industry

Thursday, October 31st, 2024

GASTONIA, N.C. – October 30, 2024 – In executive protection, the demand for discretion is rapidly growing. With high-profile clients now prioritizing security that integrates seamlessly into their daily lives, executive protection professionals are seeking armor solutions that reflect the very nature of their services- providing uncompromising protection while remaining undetected.

Karl de la Guerra, Chairman of the International Bodyguard and Security Services Association and founder of KDI Protective Services, emphasizes, “We have to maintain a low visibility profile where no one knows who we are or what we are.”

The Challenge: Balancing Protection with Discretion

Executive protection agents must provide covert protective services for their clients with minimal visibility or disruption to their environments. Overt security measures can pose risks by drawing unwanted attention. To mitigate this risk, body armor that delivers maximum concealability with unwavering protection is a necessity. 

The Solution: Innovative Armor

Premier Body Armor continuously develops innovative armor solutions that address the unique demands of the private security industry. 

“When a threat arises, we’re expected to show up not just with the knowledge and expertise, but also the equipment that’s needed to protect our client,” says Karl de la Guerra. His team at KDI Protective Services has relied on the Discreet Executive Vest since its initial release. “The Executive Vest really caught my attention because it’s a full-body covered vest that can go underneath a business suit, and no one can tell it’s there” he adds. 

KDI Protective Services also utilizes the Everyday Armor T-Shirt.“I need something that fits under a regular shirt and provides low visibility, the Everyday Armor T-Shirt works perfectly for me,” explains de la Guerra. With Premier Body Armor, executive protection teams maintain a professional appearance while ensuring maximum protection.

The Parallel: Evolving Challenges, Evolving Solutions

The global private security market is projected to reach $385.32 billion by 2032, driven by the growing need for discreet, customizable security solutions (Fortune Business Insights). Premier Body Armor’s innovative products enable security professionals to deliver seamless, effective protection while maintaining the privacy and discretion their clients expect.

“I’ve seen 45 years of transition in body armor, and it just keeps getting better and better,” de la Guerra says. “Premier is definitely on the forefront of that. Their products cover the full spectrum of applications in the private security industry and we’re very happy about that.”

Learn More: White Paper on the Future of Discreet Protection

Premier Body Armor’s newly released white paper explores the evolving needs of the executive protection industry and how its products are shaping the future of discreet security. To learn more or download the full white paper, visit Premier Body Armor.

Rheinmetall and Croatian Unmanned Ground System Manufacturer DOK-ING Set to Build Remote-Controlled UGSs Together in Future

Wednesday, October 30th, 2024

•    The planned joint venture is foreseen to become the market leader in the segment of unmanned and remote-controlled combat and combat support vehicles.

•    The first goal of the partnership is to jointly develop an unmanned system for mine scattering and counter-mobility operations. A corresponding system demonstrator is to be presented in 2025. 

In the presence of the Deputy Prime Minister and Defence Minister of the Republic of Croatia Ivan Anuši? the Croatian UGS manufacturer DOK-ING and the Düsseldorf-based technology group Rheinmetall signed a Memorandum of Understanding (MoU) on 28 October 2024 to establish a joint venture. A special feature of this partnership is the entirely European origin and value creation, which should result in various unmanned ground systems (UGS). 

The agreement provides for joint development and subsequent marketing of the new DOK-ING Komodo platform. Rheinmetall AG is contributing various capability modules/upgrade kits (e.g. for direct and indirect fire, mine-laying, reconnaissance sensors, logistics, etc.), as well as its international market access and industrial capacities. 

The implementation of the MoU is subject to the prior approval of the relevant regulatory authorities, including the European Commission and the respective national competition authorities.

As Dr Björn Bernhard, head of the Vehicle Systems Europe division, explains: “DOK-ING and Rheinmetall represent two leading European suppliers in their field, joining forces to carry out challenging projects. Together, we aim to set new standards and pave the way for the series production and application of UGSs. We are addressing the European market as well as other partner nations.”

Vjekoslav Majeti, founder and President of the supervisory board of DOK-ING: “The technological and industrial synergies between DOK-ING and Rheinmetall represent a unique opportunity to develop state-of-the-art unmanned combat and armoured breaching systems in Europe. We see this agreement as a fundamental contribution to creating a common future.”

Within the framework of the future cooperation, numerous combat and combat support solutions will be developed, including a joint project for an unmanned armed support vehicle (known as a Wingman) for battle tanks and infantry fighting vehicles for reconnaissance and fire support is also to be developed. These shall be used in combination with already known classic Rheinmetall products, such as the KF51 Panther, the Büffel-3 armoured recovery vehicle and the Kodiak-3 armoured engineer vehicle. 

Rugged Suppressors Renews Tier 2 Sponsorship of the ASA

Sunday, October 27th, 2024

Travelers Rest, SC – The American Suppressor Association (ASA) is proud to announce that Rugged Suppressors has renewed their Tier 2 sponsorship for 2024, continuing their commitment to advancing suppressor rights and advocacy nationwide.

“Rugged Suppressors is honored to renew our support for the ASA, the leading voice in suppressor advocacy and education across the United States,” said Michael Derdziak, CEO of Rugged Suppressors. “The ASA has played a critical role in working alongside the ATF to streamline the Form 4 approval process. Their relentless efforts in the fight for suppressor rights have resulted in expanded ownership and legalized suppressed hunting in 42 states. Without the ASA, such progress would not be possible.”

Founded on a commitment to quality and innovation, Rugged Suppressors continues to set the standard in the industry by producing durable, high-performance suppressors.. Their dedication to the ASA reflects a shared mission to expand the legal and practical use of suppressors across all 50 states.

Knox Williams, Executive Director of the ASA, expressed his gratitude for Rugged Suppressors’ ongoing support: “Michael and the Rugged Suppressors team have been invaluable allies in the fight for suppressor rights. Their dedication to both the Second Amendment and the cause of expanding suppressor ownership is unmatched. With their continued partnership, we are confident that we will one day achieve our goal of nationwide suppressor legalization.”