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Archive for the ‘Industry’ Category

Jankel’s LTTV Production Programme Changes Up a Gear

Friday, September 2nd, 2022

199 British designed and built tactical vehicles based on the Mercedes Benz UNIMOG vehicles to the Belgian Ministry of Defence (BeMOD). Jankel’s LTTV can be viewed at the DVD exhibition at Millbrook, 21-22 September.

In September 2021, Jankel announced the establishment of a new production capability in the UK and in November 2021 it was announced that the programme had passed Preliminary Technical Acceptance (PTA) and had formally entered production. Following a period of LRIP (Low-Rate Initial Production) that coincided with COVID working restrictions, recently, the programme has been gathering pace with vehicle 25 entering production in August. From September onwards, the production rate accelerates further with the delivery of all 199 vehicles set for completion in 2023.

First unveiled at DSEi in September 2019 and also displayed at DSEi in September 2021, Jankel’s LTTV is designed to provide a modular and configurable tactical support vehicle that benefits from unique, removable mission modules that enable the vehicle to be re-roled rapidly for operational platform versatility. The LTTV has 3 core variants for Special Operations support, including an ambulance variant. Alongside a user-configurable, fully integrated suite of military sub-systems that includes a removable ballistic protection kit, a Roll-Over-Protection-System (ROPS), weapon mounts and communications fit, the platform will provide full interoperability with the Fox fleet of tactical vehicles.

Richard Semmens, Operations Director at Jankel said: “I’m very proud indeed of our team and our UK-based supply chain for working so hard to get our LTTV programme where it is today with vehicles coming off the production line at increasing frequency and being delivered to our BeMOD customer.

Andrew Jankel, Chairman at Jankel said: Like anyone else in manufacturing (defence or otherwise) will know, there have been some challenges to face through BREXIT, COVID-19 and the Ukraine conflict. Right through that period, here at Jankel we’ve continued to deliver and to export some great UK products and services including our LTTV programme. Indeed, we’re one of a very few UK defence manufacturers that has been continuously delivering and exporting throughout this turbulent period”. He added: “I’d like to thank everyone who has worked with us so closely to help us succeed during this testing period including our suppliers and importantly, our customers. I’ll be the first person to say it’s not been easy but I’m also happy to say we’re succeeding. I’d particularly like to thank our suppliers for their patience, support and agility and I look forward to delivering the rest of the LTTV programme in the coming months.”.

Final Call to Purchase Never Released Sitka Arrowhead Products

Thursday, September 1st, 2022

Now is your opportunity to own a piece of never released SITKA Arrowhead product, as the brands extensive final inventory is to be sold off via kred.

Originally introduced to the defense market in May of 2021; under the umbrella of well-known premium hunting brand SITKA Gear, Arrowhead Equipment focused on developing and manufacturing purpose-built technical products for the Global Special Operations Forces end-use.

Drawing on SITKA Gear’s proven designs and manufacturing to develop and create a line of premium technical apparel that can be trusted to withstand and perform in the harshest environments.

For a limited time, the final extensive product inventory, which also includes some never released products and colorways including Ranger Green, can be purchased exclusively via kred.

Items available consist of 3-layer Gore-Tex Wet Weather Protective solutions, performance fleece and active insulation midlayers, baselayers and everyday carry and accessories which will feature ghosted bags & backpacks as well as multicam hats. Your opportunity to own a piece of this premium brand is available while stock lasts, and some items are already in selling through fast.

For further information:

Greg Love – greg@kredlife.com – 865.617.1927

Jonathan Dry – jonathan@kredlife.com – 865.896.9486

XS Sights Partners with EasyExport to Expand International Sales

Wednesday, August 31st, 2022

Fort Worth, Texas (August 30, 2022) – XS® Sights, manufacturer of the fastest sights in any light, is pleased to announce its partnership with EasyExport to expand international sales.  The EasyExport platform simplifies the fulfilment of international orders to consumers, dealers, law enforcement and other lawful buyers worldwide, and offers these customers XS’s reliable products that aren’t readily available to them in their own countries. 

“We are excited to partner with EasyExport given their rapidly growing network of international buyers and system that ensures the legal sale and reliable, affordable shipment of products to law-abiding firearms owners throughout the world,” said Addison Monroe, Marketing Manager, XS Sights.

The majority of XS Sights’ products are available for sale after signing up for user verification through EasyExport which can be accessed via the XS Sights website International Orders (xssights.com).  Currently, XS can ship to dealers in 82 countries and individuals in 25 countries.

For more information on XS Sights products for pistols, rifles and shotguns, visit www.xssights.com.

TRX Reacquired By SEAL Founder In Bankruptcy

Tuesday, August 30th, 2022

RANDY HETRICK, FOUNDER AND FORMER CEO, PARTNERS WITH PRIVATE EQUITY VETERAN, JACK DALY, TO ACQUIRE TRX®

Navy SEAL-Turned-Entrepreneur and Developer of Suspension Training®, Poised to Revitalize Innovative Global Fitness Brand

DELRAY BEACH, Fla., Aug. 29, 2022 / — TRX® (“the Company”) today announced that the Founder and Former CEO, Randy Hetrick, and partner, Jack Daly, acquired the iconic, global fitness brand, TRX. Hetrick founded TRX after inventing the Suspension Trainer® as a SEAL Team Squadron Commander and will now lead the Company as Chairman with Daly, who will serve as the Chief Executive Officer.

“It’s gratifying to be back at the helm of TRX at a time when the world is emerging from COVID and the Company needs inspired, innovative leadership,” said TRX Chairman, Hetrick. “TRX remains one of the fitness industry’s most recognizable and influential global brands, and under a new, experienced management team – powered by passion and renewed vision – our brand will build on its position as the most trusted name in fitness. I couldn’t be happier to be back and to have the opportunity to bring several of my best longtime teammates back with me.”

Hetrick founded TRX in 2004 after a career as a Navy SEAL and earning an MBA from Stanford’s Graduate School of Business. Core to the brand’s rapid rise and global success was the TRX Suspension Trainer® – a comprehensive functional fitness solution developed by Hetrick during his SEAL years as a means of maintaining peak fitness while deployed in remote locations without access to traditional gym equipment. Suspension Training® quickly became a cornerstone to the broader functional fitness movement, with the iconic “yellow and black straps” becoming a requisite tool for personal trainers, health clubs and elite athletic training facilities globally. The Company expanded its offering to a wide range of functional fitness tools, but also importantly became a go-to source for education and trainer-certification through its vast digital library of functional training programs for fitness professionals and consumers.

Hetrick led TRX for more than 15 years before selling a controlling interest in the Company and moved on to found the new outdoor mobile fitness venture, OutFit®.

Excited by the opportunity to reacquire and revitalize the brand, Hetrick turned to friend and private equity veteran, Jack Daly and his firm, JFXD Capital. Daly, a former Partner, and Investment Committee Member of both Goldman Sachs’ Merchant Banking Division and TPG Capital, has a 25-year track record of investing in and building large companies through control transactions. Daly is also a fitness enthusiast and serves as the Treasurer of the Navy SEAL Foundation, where he has served as member of the Board of Directors for over nine years.

“It’s a rare opportunity to acquire a brand that remains as well respected and revered as an innovator within its industry as TRX – the ability to leverage the incredible brand equity of TRX is what makes this such a compelling and worthwhile venture,” said TRX CEO, Daly. “Everyone loves a comeback story. Powered by Randy’s knowledge of the brand, the industry, and his personal passion for this brand, coupled with new world-class management, there’s little doubt about the success that lies ahead for TRX.”

Fried, Frank, Harris, Shriver & Jacobsen served as legal counsel and KPMG served as financial advisor to JFXD Capital. Levene, Neale, Bender, Yoo & Golubchik L.L.P. served as legal counsel and Kroll Securities served as Chief Restructuring Officer and Financial Advisor to TRX. Special thanks to Louise Stolt-Nielsen Holten, Leon Capital, Doug Greeff, Rick Cusick, Quincy Carroll, Brandon Bean, and Anil Shetty. 

GALLS Expands into New Markets, Announces FIRST SIGHT Powered by GALLS

Tuesday, August 30th, 2022

GALLS® builds on its long-term success in the public safety/first responder uniform business to expand into corporate uniform market with the launch of FIRST SIGHT Powered by GALLS.

Lexington, KY (August 2022) – GALLS®, a leading distributor serving America’s public safety professionals, is proud to announce a strategic business expansion into corporate uniform and apparel markets by launching a new division called FIRST SIGHTTM. Building on GALLS’ extensive experience in the public safety uniform industry, and alongside its efficient, state-of-the-art infrastructure, industry-leading technology and distribution chain, the FIRST SIGHTTM division will provide corporate customers with a game-changing approach to employee uniforms and corporate identity programs.

“Moving into new uniform markets is a natural progression for GALLS,” Mike Fadden, CEO of GALLS, announced. “GALLS brings to new uniform markets its extensive skill set in managing uniform programs, providing tech solutions for ordering, stocking, and purchasing for customers. Our new FIRST SIGHTTM team came to GALLS with the knowledge, experience, and contacts to successfully launch this new endeavor into new markets.”

The FIRST SIGHTTM division’s leadership team brings over 70 years of corporate uniform program, image apparel sales, and management experience to GALLS and will be led by Andrew Spurling.

The early focus of this division will be key essential worker vertical markets such as Healthcare, Food & Beverage, Energy & Utilities, Public and Private Transit, Freight Transportation, and others in service to the public. FIRST SIGHTTM will offer customers both stock and custom solutions, an expanded eQuip software for easy ordering and program management, streamlined inventory management and fulfillment, and of course GALLS’ world-class customer service.

Visit the website for more information at www.firstsightbygalls.com.

Polymer80 Product Changes in Accordance with ATF Final Rule

Tuesday, August 30th, 2022

Last week ATF final rule 2021R-05F, Definition of “Frame or Receiver” and Identification of Firearms, went into effect. Polymer80, Inc., the company that designs and develops innovative firearms and after-market accessories that provide ways for customers to participate in the build process while expressing their right to bear arms, is a direct target of this new rule. Polymer80 wholeheartedly disagrees with the ATF final rule, however, in an effort to maintain a legal business, will comply with the unconstitutional regulations.

In accordance with the new ATF final rule, Polymer80 will no longer offer their popular 80% kits in the same configuration in which customers have grown accustom. Instead, Polymer80 has released three new options for consumers interested in building their own legal firearm:

·      OPTION 1 is an unserialized 80% frame with rear rail, locking block rail system and pins. No jig or tools are included with this product. 

·      OPTION 2 is a serialized frame that does include a jig, tooling, rear rail and locking block rail system. This option is the same as the prior 80% kit offered by Polymer80, but with a serialized frame.

·      OPTION 3 is the “Build Back Better” kit, which includes everything listed in option 2 plus a slide assembly. This kit contains everything you need to build a complete, serialized firearm.

Option 1, the unserialized 80% blank, is currently available for purchase at www.polymer80.com. Please note that shipment is not available to all states.

For those interested in assembling without drilling, Polymer80 will continue to offer their AFT “Assemble for Thyself” kit, which includes all the necessary components to build a complete firearm, no drilling required.

Polymer80 will also continue to offer their line of complete pistols, including the popular PFC9 compact pistol and PFS9 full-size pistol, as well as parts and accessories.

Noble Supply & Logistics, Federal Resources, and TSSi Have Joined to Form NOBLE

Tuesday, August 30th, 2022

Over the past year Noble Supply & Logistics first purchased Federal Resources, and then TSSi. All three of the companies are vendors to the Defense Logistics Agency’s Tailored Logistics System program of record? which provides a rather significant amount of Soldier Survivability equipment across the Department of Defense. We’re just now in year two of a ten year contract worth up to $33 Billion.

Now, all three companies have formally streamlined, to form NOBLE.

Considering the TLS field began with six vendors, and has now narrowed the field to four, it is understandable that both industry and the military customer base has called for the contract to add additional vendors to increase both capability and competitive bidding to the program.

New Content Added to Federal’s 100-Year Celebration Website: New Ammo on Old Machines, and Federal’s Families

Monday, August 29th, 2022

ANOKA, Minnesota – As part of the 100-year anniversary celebration, Federal Ammunition is featuring monthly online content celebrating Federal’s rich history. The month of August highlights Federal refurbishing old loading machines to increase production and the legacy family of Federal Ammunition. Content can be found on the 100-year anniversary website: A Century Of Authority (federalpremium.com).

The article entitled “New Ammo from Old Machines” showcases the ingenuity and resourcefulness of Federal employees. To meet the growing demand for ammunition, Federal was able to refurbish and re-tool several retired loading machines. Bringing these machines back to life was no easy task but shows the talent and abilities of the employees. 

“Demand for ammunition is high and Federal is doing everything we can to meet demand,” said Erik Carlson, Federal Ammunition Senior Director of Operations. “The fact that Federal employees were able to fix up old loading machines, make replacement parts for them and get them up and running again is truly incredible.” 

The article entitled “Federal’s Families” shares the stories of the legacy families within Federal Ammunition. Being based in Anoka, Minnesota for decades has allowed Federal Ammunition to be a major part of the community. The generations of residents to the area that have been Federal employees has made a big impact on the success of the company. 

“A special thing about Federal Ammunition is the people that have worked here for decades and the families who have generations that have been a proud part of the Federal family,” continued Carlson. “Generations of employees show how much working for Federal means to these families and how much we appreciate all of our employees.” 

Each month through the end of 2022, Federal Ammunition will be uploading additional content focused on the rich history of this American ammunition company. In addition to the monthly online content, Federal Ammunition has released a 244-page book preserving the company’s history: Buy Federal The First 100 Years for USD 59.99 | Federal Ammunition (federalpremium.com).

For more information on all products and online services from Federal or to shop online, visit www.federalpremium.com