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Archive for the ‘Industry’ Category

Chemring plc Appoints Baroness Kate Rock as an Independent Non-Executive Director

Saturday, March 7th, 2026

Chemring today announces the appointment of Baroness Kate Rock as an independent non-executive director. Upon joining the Board, Kate will become the Senior Independent Director and a member of the Audit, Nomination and Remuneration Committees. She will join the Board with effect from 1 April 2026.

Kate is an experienced non?executive director with a board portfolio covering technology, engineering, construction and infrastructure. Underpinned by a strong background in corporate communications and strategy, she combines deep engineering sector knowledge with a strategic understanding of how innovation and technology enhance productivity, together with wide-ranging experience working across government.

On 1 December 2022 Kate was appointed Non-Executive Chair of the UK infrastructure solutions company Costain Group PLC. Since that time Costain has seen a near five-fold increase in its share price and has re-entered the FTSE 250 index. In September 2018 she joined the Board of FTSE 250 Keller Group plc (the world’s largest geotechnical specialist contractor) and is now the Senior Independent Director, serving on the Audit & Risk, Nomination & Governance, Remuneration and Sustainability Committees.

Having been appointed a Life Peer in 2015, she sat on the House of Lords Science and Technology Select Committee until January 2023. She was also a member of the House of Lords Select Committee on Artificial Intelligence from 2017 to 2018 and was Chair of the House of Lords Select Committee on Autism between January and November 2025.

Until January 2023, Kate was a Board member of the world’s first Centre for Data Ethics and Innovation and was, until November 2017, a non-executive director of Imagination Technologies plc, the former global FTSE 250 high technology company.

Tony Wood, Chairman of Chemring, commented:

“Following an extensive selection process, I am delighted to welcome Baroness Rock to Chemring. Kate brings considerable experience within the fields of technology, infrastructure and innovation, as well as government and strategic communications. Her strong understanding of the construction and infrastructure sector will also be of value to the Group as we further progress our organic growth strategy and investment in increased capacity. I am certain that she will make a strong contribution to the continued development and performance of the Group.”

There are no further disclosures required to be made in accordance with UKLR 6.4.8 of the FCA’s UK Listing Rules sourcebook.

Tiberius Aerospace Welcomes Professor Dame Fiona Murray to Advisory Board

Saturday, March 7th, 2026

Tiberius Aerospace, a modern defence technology company built to empower the UK, US and their global allies with next-generation weapon systems and AI-powered solutions, today announced the appointment of Professor Dame Fiona Murray DCMG CBE to its Advisory Board.

Professor Dame Fiona Murray DCMG CBE is Chair of the NATO Innovation Fund and has previously served on the British Prime Minister’s Council on Science and Technology. She was awarded a CBE (Commander of the British Empire) for her services to innovation and entrepreneurship in the United Kingdom and appointed Dame Commander of the Order of St Michael and St George (DCMG). She served on the Ministry of Defence Strategic Advisory Review and is a member of the MOD Defence Industrial Joint Council. Murray is also the William Porter (1967) Professor of Entrepreneurship.

A globally recognised expert on science, technology and innovation policy, Murray advises governments, industry and research institutions on building innovation ecosystems that drive economic competitiveness, national security and societal resilience. Her appointment comes as Tiberius Aerospace accelerates delivery of its Sceptre 155 mm extended-range ramjet precision-guided ballistic munition designed to reach ranges beyond 140–160 km with high accuracy for NATO-standard artillery and GRAIL, its AI-powered software platform that brings software-era transparency, competition and data-driven decision-making to weapons procurement and manufacturing across sovereign defence supply chains.

Commenting on the announcement, Andy Baynes, Co-Founder of Tiberius Aerospace, said: “To deliver capability at the speed and scale required by today’s security environment, we must pair advanced engineering with new approaches to acquisition and industrial expansion. Through Sceptre, we are pursuing extended-range, precision-guided artillery effects that transform deep fires capability. With GRAIL, we are applying AI-enabled analytical tools to bring greater transparency, innovation and competition to weapons procurement and sovereign manufacturing. We must mobilise and weaponise NATO’s supply chain so that thousands of suppliers are competing on price and performance in a secure, managed framework. Dame Fiona’s experience in shaping innovation ecosystems and aligning research, policy and industry will be invaluable as we continue to scale these offerings for allied partners.”

Professor Dame Fiona Murray added “The modern defence landscape demands not just technical innovation but a systems approach that links private sector ingenuity to production and impact at scale.

Tiberius Aerospace’s blend of advanced capabilities and AI-driven industrial modelling represents a compelling step towards closing that gap. I am honoured to join the Advisory Board and support the company as it works with governments and industry to strengthen innovation, resilience and performance across allied defence ecosystems.”

Strategic Acquisition in the Field of Uncrewed and Autonomous Systems: Rheinmetall to Gain Majority Stake in DOK-ING

Friday, March 6th, 2026

The Düsseldorf-based technology group Rheinmetall is expanding its portfolio with an acquisition in the field of uncrewed systems. Rheinmetall has now signed a contract in Zagreb to buy a majority stake of Croatian uncrewed ground system solution provider DOK-ING. Rheinmetall is acquiring 51% of the company, which was founded in 1991, Vjekoslav Majeti?, the founder and previous sole owner of the company, will retain the remaining shares (49%). Rheinmetall’s entry into DOK-ING is subject to approval by the relevant regulatory authorities. Both parties have agreed not to disclose the purchase price.

Following the completion of the transaction, DOK-ING will continue to operate from its headquarters in Zagreb, with the existing management team remaining in place to ensure strategic continuity and operational stability, an arrangement aligned with and endorsed by Rheinmetall.

In the presence of  Ivan Anuši?, Croatia’s Deputy Prime Minister and Minister of Defence, the contract was signed today by Vjekoslav Majeti?, founder of DOK-ING and the CEO of Rheinmetall’s Vehicle Systems Europe division, Dr Björn Bernhard. 

Dr Björn Bernhard said, “The combination of Rheinmetall’s expertise in tactical vehicles and DOK-ING’s capabilities in uncrewed systems will create a strong market position for us with considerable potential for the future. At the same time, we are establishing a foothold in Croatia, being an EU and NATO member, and we will be gaining access to this highly interesting customer country”.

“Our competence centre for uncrewed and autonomous systems for military applications is now being established in Croatia. With this new set-up, it is our goal to obtain a strong market position in the segment of uncrewed combat support and armoured military engineering systems. We do see the potential for significant growth in this market and believe that we are entering the global market at the proper time with our new products. This is underlined by ongoing and planned procurement projects in many other countries”, as Dr Björn Bernhard continues.

DOK-ING has a strong market position in uncrewed solutions for mine clearance and operations in hazardous and high-risk environments in civil and military domain. Since its foundation, the company has delivered around 500 platforms to customers in over 40 countries. At present, DOK-ING’s mine clearance solutions are highly effective in Ukraine. 

Already in October of 2024, the two companies agreed on a partnership, which initially focussed on jointly developing uncrewed ground systems for mobility, countermobility (mine clearing and laying) and combat support operations. A notable aspect of the partnership between Rheinmetall and DOK-ING is its entirely European origin and value creation. 

These activities are based on DOK-ING’s newly developed Komodo, a modular heavy duty hybrid uncrewed platform, which has a payload capacity of over 8,5 tonnes. Rheinmetall is contributing with various capability modules and equipment kits, including those for direct and indirect fire, mine clearing and laying, autonomous capability and logistics.

Dr Björn Bernhard said: “DOK-ING and Rheinmetall are two leading European suppliers in their very special field, and by joining forces, we can realise challenging projects. Together, we are aiming at setting new standards and hence, pave the way for uncrewed ground systems (UGS) which are ready for mass production and deployment”.

Vjekoslav Majeti?, founder of DOK-ING said: “This partnership with Rheinmetall marks the next phase in DOK-ING’s development. Over more than three decades, we have built strong technological capabilities and established a solid international presence in demanding markets. We have now reached a stage where further value creation and production scaling require a partner with substantial industrial capacity, system integration expertise and global market access“.

„DOK-ING’s development, engineering excellence and core competencies will remain in Croatia. By joining forces with Rheinmetall, we are creating the conditions to expand production capacity, accelerate the development of next-generation uncrewed specialised systems, and strengthen our long-term competitiveness“, Majeti? added. „This strategic step positions DOK-ING for sustainable growth and reinforces Croatia’s role within the European defence and technology landscape.”

In the new constellation, DOK-ING and Rheinmetall plan to develop a variety of solutions for combat and combat support operations. This includes a project for an uncrewed armed support system (known as ‘Wingman’) to be used with battle tanks and infantry fighting vehicles for reconnaissance and fire support purposes. These systems will also be used alongside existing Rheinmetall products, such as the Panther KF51 Main Battle Tank, the Büffel/Buffalo recovery tank, and the Kodiak armoured engineer vehicle.

Rheinmetall AG is an integrated technology group, with its headquarters in Düsseldorf. Founded in 1889, it is a leading international systems house for the defence industry and operates within land, air, sea and space domains. A focus on sustainability is an integral part of Rheinmetall’s strategy. With around 44,000 employees at about 180 sites worldwide, the company has been listed on the DAX 40 since March 2023 and generated sales of €9.8 billion in the 2024 financial year.

DOK-ING is a technology-driven company specialising in the development and manufacture of advanced uncrewed systems designed for operations in hazardous and high-risk environments. Its core portfolio includes remotely operated and progressively autonomous platforms supporting humanitarian and military demining, military engineering operations, CBRN response, and the protection of critical infrastructure. The company’s solutions are based on modular and scalable architectures, enabling rapid mission-specific configuration for mine clearance, IED disposal, route clearance, firefighting, and other complex operational requirements. With a strong commitment to safety, reliability, and operational excellence, DOK-ING delivers field-proven systems that enhance force protection and reduce human exposure to risk, serving armed forces, civil protection authorities, and specialised security operators worldwide.

AUSP Launches Matchmaking Platform Linking U.S./NATO Defense Primes with Vetted Ukrainian Defense-Tech Teams for Government Contracting

Thursday, March 5th, 2026

New initiative supports America First Arms Transfer Strategy (AFATS) through compliant, fast-track pathways for government contracting

WASHINGTON and KYIV, Ukraine, March 4, 2026 — America-Ukraine Strategic Partners (AUSP) today launched its Defense Matchmaking & Procurement Acceleration Platform, a structured program that connects U.S. and NATO prime contractors with vetted Ukrainian defense technology companies for joint government contracting and procurement opportunities.

Built to move battle-tested Ukrainian capabilities into allied acquisition channels, quickly and lawfully, the platform supports integration across U.S. and NATO procurement ecosystems, including Foreign Military Sales (FMS) pathways. Ukrainian innovators, hardened by real operational conditions, are delivering high-impact solutions in autonomy, unmanned systems, electronic warfare resilience, AI-enabled targeting, cybersecurity, and advanced materials. AUSP’s platform creates a trusted route for primes to access these capabilities while navigating export controls, compliance, and geopolitical complexity.

“Ukrainian defense technology is battle-proven, agile, and cost-efficient,” says Davis Richardson, Founder and CEO of AUSP. “We make sure it can move through a lawful, audit-ready channel into U.S. and NATO procurement, paired with primes that can scale it.”

AUSP’s approach is compliance-by-design, supporting ITAR/EAR and USML mapping, export documentation and DECCS preparation, consortium positioning, prototype-to-production planning, and FMS alignment, plus documentation practices that support auditability and end-use requirements. Through established relationships with Ukrainian accelerators, manufacturers, and public-sector stakeholders, and partnership on major defense convenings including BRAVE1 Defense Tech Valley, AUSP provides U.S. and NATO primes with curated startup access, due diligence support, secure executive introductions, co-development and teaming support, and government stakeholder alignment strategy.

The Defense Matchmaking & Procurement Acceleration Platform is now open to:

  • U.S. and NATO prime contractors and defense integrators
  • Consortium leads and acquisition intermediaries
  • Venture-backed defense funds pursuing co-development
  • Allied ministries and procurement agencies seeking structured entry points to Ukraine’s defense innovation ecosystem

The launch of AUSP’s Defense Matchmaking & Procurement Acceleration Platform is being rolled out in parallel with the Ukrainian Government’s BRAVE1 U.S. roadshow. As part of the initiative, AUSP is hosting a series of curated investor receptions for BRAVE1 in New York City and Dallas, convening U.S. defense investors, prime contractors, and strategic partners with leading Ukrainian defense companies. In Dallas, engagements will include programming at the University of Texas at Dallas, where AUSP sponsors a capstone project focused on advancing data and AI systems to support defense and dual-use innovation.

ausp.co

Bringing Advanced Thermoregulation and Hydration Solutions to the UK – Qore Performance Partners with Tactical Kit

Thursday, March 5th, 2026

Knoxville, TN and Peterborough, UK — Qore Performance, Inc., the inventors of the IceAge Ecosystem of thermoregulation and hydration technologies, is proud to announce Tactical Kit as its premier distributor for the United Kingdom. This partnership provides British military, law enforcement, and professional end-users with direct, local access to the most advanced human performance-enhancing equipment on the market.

Operating since 2008, Tactical Kit has established itself as the UK’s leading retailer of high-end tactical gear, stocking the world’s most elite brands. By adding Qore Performance to its inventory, Tactical Kit continues its mission of providing the “pinnacle of kit” with the speed and customer service for which it is known.

Direct Access to the IceAge Ecosystem

Through this partnership, UK customers can now purchase Qore Performance’s mission-critical equipment—including “live” stock ready for immediate dispatch from Tactical Kit’s UK premises.

Key products now available include:

ICEPLATE® Gen 3: The world’s most advanced conformal hydration system. This hard-cell bladder provides 52.4 fl oz (1.55 L) of hydration while offering cooling/heating capabilities when frozen or filled with hot water.

IMS Pro Gen 3: A versatile internal/external MOLLE hydration sleeve designed specifically for ICEPLATE® Gen 3, allowing for seamless integration with plate carriers.

ICEFLASK®: A rugged, 16.9 oz (500ml) hard-cell canteen designed to fit into standard radio pouches or its purpose-built ICEFLASK® Wing and MOLLE Holsters, providing consumable cooling or heating in a compact form factor.

ICEVENTS®: Next-gen ventilated padding for plate carriers, chest rigs, and belts. Using proprietary Omni-Directional Venting, ICEVENTS® provide stand-off ventilation and load distribution without absorbing moisture or bacteria.

CATAMARAN Gen 3: An innovative Velcro® adapter panel attachment system that enables the mounting of ICEPLATE® Gen 3 within IMS Pro Gen 3, or two ICEVENTS® Classic plate carrier pads, for maximum airflow to the inside of any armor carrier lacking internal Velcro® loop fields.“Tactical Kit is a world-class partner that understands the needs of the uniformed professional,” said Austin Pitsch, Marketing Manager of Qore Performance.

“By stocking our equipment locally in the UK, they are removing the barriers of international shipping and duties, ensuring that professional end-users and British citizens alike have the best possible tools to weaponize temperature and increase work capacity.”

UK customers can shop the Qore Performance IceAge Ecosystem collection now at www.tacticalkit.uk.

German Navy System House to be Established: Rheinmetall Takes Over NVL

Tuesday, March 3rd, 2026

Düsseldorf-based technology group Rheinmetall has completed the company take-over of NVL, the military part of the Lürssen Group. Following the announcement in September 2025 and the signing of the purchase contract in October 2025, Rheinmetall has now been given all antitrust approvals for the acquisition of Naval Vessels Lürssen (NVL B.V. & Co. KG, Bremen-Vegesack), including all its subsidiaries. The transition was concluded on 1 March 2026.

Both parties have agreed on keeping the purchasing price concealed.

With this significant strategic acquisition, Rheinmetall will be creating a German systems house for the development and manufacture of state-of-the-art navy and coastguard vessels, as well as maritime autonomous surface systems. Rheinmetall will thus be further expanding its portfolio within the maritime domain and is hence consolidating its position as a comprehensive supplier of defence technology in Germany and Europe.

Armin Papperger, CEO of Rheinmetall AG: “We are happy about the successful finalisation of the transaction”. Already at the announcement of the plans, he stated the following: “In future, Rheinmetall will be a relevant player on land, on water, in the air and in space and is thus developing into a cross-domain system house. In combining the expertise of Rheinmetall and NVL, we will be creating a powerful full-range supplier for state-of-the-art surface vessels. This will generate mutual growth and thus secure a strong position for our corporation’s position in the maritime sphere. At the same time, we are making a substantial contribution to empower the naval defence capabilities of Germany and its NATO allies”.

The current conflict situation reveals that military enforcement capabilities are also becoming increasingly important in the naval sector. Rheinmetall intends to meet the massive increase in demand from naval forces and rising procurement budgets with high-performance system solutions which feature a highly modern digital infrastructure and cover the entire spectrum – from platforms and electronics to sensors and effectors.

For further information, see press release dated September 15, 2025: Rheinmetall reaches agreement with Lürssen on acquisition of NVL

Insect Shield LLC and Co-Founder’s Estate Agree to Pay $1.4M to Settle False Claims Act Allegations

Thursday, February 26th, 2026

Insect Shield LLC, located in North Carolina, and the Estate of Richard Lane, a co-founder and co-owner of Insect Shield, have agreed to pay a combined $1.4 million to resolve allegations that Insect Shield and Lane caused the submission of false claims to the Department of Defense (DoD) under contracts to provide Army Combat Uniforms. Lane served as the president and chief operating officer of Insect Shield until his death in December 2022.

The United States filed its complaint-in-intervention in December 2023 alleging that Insect Shield, a subcontractor to multiple defense contractors who manufacture Army uniforms, violated the False Claims Act by falsifying test results regarding the application of permethrin, an insect repellant, to Army uniforms.  The United States alleged that between 2015 and 2021 Insect Shield and Lane failed to follow the permethrin testing requirements by inappropriately combining results from different rounds of testing, re-labeling test samples to hide the true origin of the samples, performing re-tests of uniforms in excess of what the contract permitted, and concealing failing test results.

“Government contractors and subcontractors must comply with contractual commitments and share truthful information with the government,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “The Justice Department will aggressively pursue those who defraud the American taxpayers by failing to properly perform required testing on goods supplied to our soldiers.”   

“The Defense Criminal Investigative Service (DCIS), is fully committed to safeguarding the integrity of the DoD procurement process,” said Special Agent in Charge Christopher Dillard of DCIS Mid-Atlantic Field Office. “Manipulating and failing to perform contractually required testing is not only fraudulent, but compromises military readiness. DCIS will continue to collaborate with our law enforcement partners and the Department of Justice to investigate and hold accountable those who submit false claims.”

“Our Soldiers rely on government contractors to provide equipment that they can depend on while serving their country,” said Special Agent in Charge Keith Kelly, Department of the Army Criminal Investigation Division, Fraud Field Office. “The result of this investigation shows that our Army CID and our partner law enforcement agencies are relentless in their pursuit of anyone who may attempt to defraud the U.S. Government by falsely reporting compliance with contractually obligated requirements for equipment used by our Soldiers

The civil settlement resolves a lawsuit brought under the qui tam or whistleblower provisions of the False Claims Act, which permit private parties to sue on behalf of the United States when a defendant has submitted or caused to be submitted false claims for government funds and receive a portion of any recovery.  Ms. Downs will receive $315,000 as her share of the settlement.  The qui tam case, which was filed in the United States District Court for the Middle District of North Carolina, is captioned U.S. ex rel. Downs v. Insect Shield, LLC et al., No. 1:19-cv-1026 (M.D.N.C.).

The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, and the U.S. Attorney’s Office for the Middle District of North Carolina with assistance from the DoD Office of Inspector General, Army Criminal Investigation Division, Defense Contract Management Agency, and Defense Contract Audit Agency.

The matter was handled by Fraud Section Attorneys Jonathan Hoerner, Jikky Thankachan, and Jeffrey McSorley and Assistant U.S. Attorneys for the Middle District of North Carolina.

The claims resolved by the settlement are allegations only and there has been no determination of liability.

Note: Read the Insect Shield Agreement here; and the Estate of Richard Lane Agreement here.

Department of Justice Office of Public Affairs

Warrior Protection And Readiness Coalition Applauds Presidential Approval Of Defense Production Act For Warfighter Clothing, Textiles, And Equipment

Tuesday, February 24th, 2026

New Presidential Waiver Will Strengthen Domestic Industrial Base and Support the U.S. Warfighte

MARBLEHEAD, MA (February 24, 2026) – The Warrior Protection and Readiness Coalition (WPRC) today applauded the latest signing of a Presidential Waiver (PW) under Title III of the Defense Production Act (DPA). This executive action by the President of the United States enablescritical government investment in the Berry Amendment-compliant domestic industrial base responsible for manufacturing body armor, ballistic helmets, uniforms, footwear, textiles and operational equipment for the U.S. military.

This long-awaited action—backed by years of WPRC advocacy—enables the Department of War (DoW) to use DPA Title III authorities to scale production of essential warfighter gear. The action addresses urgent concerns about domestic supply chain vulnerabilities and reflects the growing operational needs of U.S. forces deployed in cold weather, jungle, and maritime environments.

“This is a major victory for American manufacturing, national security, and our service members,” said WPRC Executive Director David Costello. “Thanks to this Presidential Waiver, our domestic industrial base will receive the new investment it needs to meet current defense demands and ensure future readiness. The WPRC is proud to have led the charge alongside our Congressional partners and DoW stakeholders to make this happen.”

The new PW follows a multi-year effort by the WPRC and its 70+ member companies to highlight growing risks within the U.S. textile and equipment supply chain. A recent wargame simulation commissioned by the Defense Logistics Agency (DLA) revealed severe capability gaps, underscoring the need for federal action to stabilize and grow this specialized manufacturing base. Over the past three years, WPRC members have supported Title III-funded production in response to both the COVID-19 pandemic and ongoing defense requirements. However, until now, the sector lacked a Presidential Waiver under DPA Title III to receive sustained investment.

The WPRC extends its appreciation to key advocates in Congress for their steadfast support, including members of the House and Senate Armed Services Committees, who included directive report language in the National Defense Authorization Act (NDAA) calling for the expedited approval of the PW.

Mr. Markin Dornan, Chairman of the WPRC said, “With this Presidential Waiver, the U.S. is sending a clear signal: American warfighters will be equipped with American-made gear built by a strong, secure, and reliableindustrial base. We thank the Department of War and the White House for recognizing the urgency of this issue and moving to authorize these critical investments.”

The Federal Register notice of this Presidential Waiver Memorandum forthe Secretary of War can be found here.