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Registration Opens for SHOT Show Industry Day at the Range 2027

Thursday, June 4th, 2026

FOR IMMEDIATE RELEASE

BOULDER CITY, Nev. – June 3, 2026 – Registration is now open for exhibitors participating in the 22nd annual SHOT Show® Industry Day at the Range™, taking place Monday, January 18, 2027, at the Boulder Rifle and Pistol Club in Boulder City, Nevada. Held the day before SHOT Show®, the event continues to serve as the shooting sports industry’s premier live product experience and the official kickoff to SHOT Show week.

Industry Day at the Range gives exhibitors a powerful opportunity to introduce new products, generate media coverage and connect face-to-face with influential voices across the firearms, hunting, outdoor and tactical markets. From hands-on demonstrations to live content creation, the event creates meaningful engagement that extends well beyond the range and throughout SHOT Show week.

The morning session is reserved exclusively for qualified media, influencers and ambassadors, offering exhibitors dedicated time to showcase products and facilitate testing in an authentic range environment. Beginning at noon, the event expands to invited industry professionals, retailers, distributors and commercial buyers representing military, law enforcement and tactical channels. Guests of exhibiting SHOT Show companies are also invited to attend, creating even greater opportunities for networking and business development.

“Industry Day continues to be one of the most valuable opportunities for exhibitors to build momentum before SHOT Show officially begins,” said Kelsey Puryear, Industry Day at the Range manager. “The event allows brands to connect directly with the media, creators and buyers who shape purchasing decisions and industry conversations throughout the year.”

Supported by the National Shooting Sports Foundation as title sponsor through 2028, Industry Day at the Range remains the only official range event associated with SHOT Show. Exhibitor space is limited, and companies are encouraged to register early to secure participation.

All attendees are required to be registered for SHOT Show and must complete NSSF credential verification prior to attending.

Exhibitors can register now to reserve space, and a variety of sponsorship opportunities are also available. Additional event details and frequently asked questions can be found on the event website.

For more information about the 2027 SHOT Show Industry Day at the Range, visit ShotShowRangeDay.com.

Deal Finalised: Rheinmetall Divests its Civilian Division and Focuses on its Defence Business

Wednesday, June 3rd, 2026

With the sale of its civilian activities, the Rheinmetall Group has reached a milestone in its strategic realignment. Rheinmetall and the Munich-based industrial group AEQUITA have now signed a purchase agreement that paves the way for the future of Rheinmetall’s former Power Systems division under new management. 

For some time now, Rheinmetall has been focusing on the rapidly growing business with military customers and security agencies, while at the same time expanding its technological portfolio into the domains of air, sea and space. Since last year, the Group has been in talks with potential buyers for its civilian business, which have now been successfully concluded with the signing of an agreement to sell it to AEQUITA.

The transaction, which is expected to be completed in the fourth quarter of 2026, is subject to approval by the relevant regulatory authorities. The provisional purchase price for 100% of the shares is €350 million and is subject to standard market adjustment mechanisms until closing. The actual final purchase price may therefore differ from this figure.

Following the sale of its large- and small-bore piston operations in 2023/2024, Rheinmetall is now, as announced, taking the decisive step in its exit from the automotive supplier business. 

The Power Systems division, which generated sales of around €2 billion in 2025, has been classified as a “discontinued operation” of the Group since the reporting for the fourth quarter of 2025.

All employees will be retained

AEQUITA intends to retain all of the approximately 6,250 Power Systems employees working worldwide at the companies being acquired. AEQUITA regards the highly qualified staff and their skills as the most important asset for future business development and will take on the entire workforce within the framework outlined above.

AEQUITA will operate the former Rheinmetall Power Systems division as an independent entity, with all trademark rights remaining within the company. The company will continue to operate on the market as usual under its long-established brands Pierburg, Kolbenschmidt and Motorservice.

“This is a significant milestone in the company’s history. We are focusing on the high-margin business with military customers, where we have excellent growth opportunities. Our stated objective was to place our civilian business operations in capable hands. We have found an excellent buyer in AEQUITA,” says Armin Papperger, CEO of Rheinmetall AG. “The internationally successful industrial 

holding company combines extensive experience in the industrial and automotive sectors with a focus on entrepreneurship, transformation and a long-term perspective.”

“This makes AEQUITA the ideal partner to work with the Power Systems management team to implement the strategy that has been developed and to ensure the long-term success of the Kolbenschmidt and Pierburg brands in the market,” explains Marcus Gerlach, lead negotiator for Rheinmetall AG.

“We are very proud that Rheinmetall has chosen AEQUITA as the new owner of the Power Systems division. The company is an excellent addition to our Automotive division, which will now generate revenues of approximately €5 billion. In the years to come, our focus will be on actively supporting the long-term, successful and sustainable development of the company. This also involves realising synergies within our automotive portfolio,” says Dr Axel Geuer, Chairman and Co-CEO of AEQUITA.

KS Huayu AluTech, Dermalog SensorTec and the Abadiano plant in Spain are excluded from the sale

Excluded from the sale are the three German locations of KS Huayu AluTech GmbH (Neckarsulm, Walldürn and Langenhagen), which will remain within the Rheinmetall Group as a joint venture in the medium term – and continue to be classified as a “discontinued operation”. 

The stake in Dermalog SensorTec GmbH, however, will remain within the Rheinmetall Group on a permanent basis. It will be integrated into the Weapon and Ammunition division, and its employees will continue to be based at the Neuss location.

Pierburg S.A.’s Abadiano plant in Spain will also remain with Rheinmetall, along with its workforce and tangible assets. For a transitional period, it will operate as a hybrid site, manufacturing both civilian and military products until the switch to military production is complete.

All-American Firepower: Elbit America, Anduril Team to Offer SIGMA Mobile Tactical Cannon to Soldiers

Wednesday, June 3rd, 2026

FORT WORTH, TEXAS – June 2, 2026 – Elbit Systems of America (Elbit America) and Anduril Industries (Anduril) announce a strategic teaming agreement to offer the SIGMA Mobile Tactical Cannon for the U.S. Army’s Self-Propelled Howitzer Modernization program. The teaming pairs Elbit America’s experience as a systems integrator and manufacturer of large ground vehicles with Anduril’s expertise in C5ISR, battle management and autonomy software. Together, the companies will provide an innovative, all-American solution for the U.S. Army, offering soldiers the edge on the future battlefield. SIGMA will enable sustained fires from a connected, mobile and survivable platform.

“We’re proud to team with Anduril to reduce network integration risk and accelerate fielding,” said Luke Savoie, president and CEO of Elbit America. “Built in the U.S. with a fully domestic supply chain, SIGMA is a combat-proven system that provides the modernization and reliability the Army needs now.”

If awarded with the program, SIGMA’s communication with the U.S. fire control network and Army Command and Control systems will leverage Anduril’s unique capabilities and experience. Anduril will also integrate its Lattice software platform into future variants of SIGMA, unlocking autonomy, while further enhancing mobility and lethality.

“On Team SIGMA, we’re providing expertise in software, edge compute and autonomy to deliver a connected, software-defined mobile artillery solution that will integrate seamlessly into existing Army Command and Control and fire control architectures,” said Michael Roder, managing director at Anduril.

The Elbit America-Anduril partnership strengthens Team SIGMA, which also includes Oshkosh Defense, manufacturer of the system’s 10×10 platform. Oshkosh brings world-class mobility and protection for the cannon’s chassis, while more than 300 U.S. suppliers contribute engineering depth, manufacturing resilience and support. Together, this domestic network aims to deliver a highly maneuverable, digitally integrated and production-ready solution that can meet the Army’s modernization timelines.

“Excited to see Elbit Systems of America and Anduril Industries working together to manufacture a cutting-edge military vehicle right here in America. The men and women at Elbit America’s headquarters in Fort Worth are truly at the forefront in developing the capabilities to strengthen America’s warfighters and preserve America’s national security,” said U.S. Rep. Craig Goldman.

www.elbitamerica.com/sigma

D&M Holding Company Acquires Czech-Based EKOCHEM 94 s.r.o.

Wednesday, June 3rd, 2026

TAMPA, FL (June 3, 2026) – D&M Holding Company, Inc. (D&M), the global leader in delivering complete solutions for ammunition, primer, and propellant manufacturing facilities, has acquired EKOCHEM 94 s.r.o. of the Czech Republic. This acquisition further strengthens D&M’s capabilities as the company continues to support the United States, NATO allies, Ukraine, and other friendly foreign governments seeking long-term ammunition independence.

Headquartered in Pardubice, Czech Republic, EKOCHEM 94 is an engineering, design, and industrial project company specializing in chemical, mechanical, and process industries, including for propellants and propellant raw materials. Its specialties include:

  • nitrocellulose production equipment
  • propellant production equipment
  • design of complete energetics
  • distillation systems
  • combustible cartridge case production lines
  • diethyl ether production lines
  • explosive-material processing equipment

“The acquisition of EKOCHEM 94 is a key part of our aggressive global growth strategy as we extend our footprint in Europe and beyond,” said Dan Powers, President and CEO, D&M Holding Company. “Escalating global conflicts and supply chain issues are driving the soaring demand for reliable supplies of ammunition, primers, and propellants. This geopolitical instability has created deep urgency among nations for ammunition independence. They want to manufacture it themselves, and we are uniquely positioned to help them do that.”

“We are pleased to become a part of the D&M family and look forward to expanding our capabilities,” said Boris Fukatko, founder and President of EKOCHEM 94.

As friendly nations race to achieve their defense industrialization goals, D&M is increasingly sought after as a trusted, specialized design, engineering, and manufacturing partner. D&M not only manufactures the machinery and systems needed to build ammunition; the company also trains its clients and transfers the technical knowledge required to operate facilities independently.

 

About D&M Holding Company

D&M Holding Company, Inc. (D&M) is an ammunition and energetics engineering company headquartered in Tampa, Florida, with additional operations in Cabot, Arkansas. D&M specializes in the design and manufacture of ammunition and energetics equipment, as well as in the turnkey factory solutions for customers worldwide. D&M Holding International Sp. z o.o. in Warsaw, Poland is D&M’s European sales office which supports international sales and Ukraine projects. D&M Novatrax, LLC, based in Kyiv, Ukraine is an engineering and investment company dedicated to the Ukraine defense industry. White River Energetics, LLC (WRE) is a wholly owned subsidiary of D&M, located in Des Arc, Arkansas, with the objective of manufacturing energetics for the ammunition industry.

For more information visit D&M Holding Company and White River Energetics.

NP Aerospace Canada Celebrates Over 30 Years of Successful Business Growth

Wednesday, May 27th, 2026

NP Aerospace, the defence multinational, located in Canada and the UK, has risen to the defence industrial challenge, building Canadian capability and reporting strong growth in revenues and workforce as it marks over 30 years of Canadian operations. This announcement coincides with CANSEC in Ottawa this week (27-28 May) where NP Aerospace is showcasing its latest survivability solutions at booth 1729.

NP Aerospace Canada, based in London, Ontario, specialises in armour technology and vehicle engineering and has built a reputation for delivering complex military survivability programs working with the Canadian Department of National Defence and law enforcement agencies. Over the past two years, the business has reported significant growth in revenues, doubling its facility floorspace and achieving a five-fold increase in its Canadian workforce.

The company began trading in Canada in the mid-1990s, entered the defence market in 2009, and was acquired by Canadian entrepreneur James Kempston in 2018. Since then, it has expanded with new London facilities and secured major defence contracts including Armoured Personnel Transport Modules through Marshall Canada as part of the Logistics Vehicle Modernization (LVM) program, Dismounted Infantry Capability Enhancement (DICE) ballistic plates and the Canadian Department of National Defence Land Equipment (LEP-ETSS) Program, alongside specialist armour and vehicle contracts across Canada and the U.S. In 2022, NP Aerospace was one of the first to supply life-saving protection equipment to support those at risk in current global conflicts.

According to James Kempston, CEO of NP Aerospace, the company is well placed to support Canada’s rapid growth in military capability. He said: “The focus right now is on products made in Canada, for Canada and our allies. As a multinational armour manufacturer and vehicle integrator partnering with some of Canada’s largest defence primes,

NP Aerospace has risen to the challenge, increasing manufacturing and engineering capacity and accelerating recruitment and financial investment. Since acquiring NP Aerospace in 2018, we have seen consistent growth in both domestic and export programs and this is set to continue at pace.”

A key contract driving incremental improvements for the Canadian Armed Forces is the Department of National Defence Land Equipment Program. As prime contractor on the program, NP Aerospace has delivered multiple ongoing equipment and vehicle support tasks building supply chain capability, and expertise in testing and evaluation, prototyping and fabrication and field support.

Elizabeth Spear-Goble, Business Operations Manager at NP Aerospace Canada, said: “2026 is one of the most dynamic periods the defence industry in Canada has seen in decades. The Government is investing billions of dollars to ramp up Canadian sovereign capabilities and NP Aerospace Canada is rising to the challenge and ‘answering the call’ with hiring, expansion, and innovation. As we mark 30 years of operations in Canada, we are focused on the next phase of growth, continuing to deliver improvements to life-saving equipment for the Canadian Armed Forces, law enforcement agencies and export customers.”

Thirteen Canadian Companies. One Sovereign Platform.

Tuesday, May 26th, 2026

Convergence Design Services to Launch the MIL-V at CANSEC 2026

OTTAWA, ON — On May 27, at Canada’s largest annual defence and security trade show, a new chapter in Canadian sovereign defence capability begins.

The MIL-V is a fully sovereign electrically powered military vehicle platform, built entirely in Canada, owned entirely by Canada, with every line of IP staying right here. But what makes the MIL-V more than a product launch is the story behind it: thirteen Canadian technology and engineering companies who chose to build something together, brought together and integrated by Convergence Design Services as the platform prime.

“Canadian defence companies are the backbone of future technology innovation,” said Ben Seaman, President at Convergence Design Services. “This collaboration of thirteen Canadian companies on one sovereign electric platform showcases what our industry is capable of across a multitude of missions. One hundred percent Canadian-built. Canadian IP. Canadian owned. This is what sovereign defence capability looks like in practice.”

A PLATFORM BUILT BY CANADA, FOR CANADA

The MIL-V is a mission-ready, electrically powered autonomous vehicle platform. It can operate with or without a driver, adapt to any mission in the field, and deploy across any terrain or climate. Its electric powertrain delivers a near-silent acoustic signature and reduced thermal profile, making it well suited for operations where stealth and low observability are critical. Its open modular architecture allows rapid reconfiguration for breaching, CASEVAC, resupply, ISR, and protection missions without returning to base, supported by an internal power distribution system capable of powering multiple mission systems simultaneously. Sensors are fused across multiple domains to give operators and autonomous systems a unified, real-time picture of their environment.

The platform’s IP, integration, and supply chain are entirely Canadian-owned. What sets the MIL-V apart is not only what it is, but how it was built: thirteen independent Canadian companies, each contributing sovereign technology, brought together under one Canadian prime.

As Canada invests in building its domestic defence vehicle capability, the MIL-V represents a new model for how that capability can be developed, with Canadian IP, Canadian partners, and Canadian integration from the ground up. In an era of global supply chain disruption andgeopolitical uncertainty, that matters. A domestic supply chain is not subject to export controls, foreign policy shifts, or global conflict disruption. Every component, every partner, and every line of IP on this platform remains accessible and entirely within Canadian control.

THE THIRTEEN

Convergence brought together twelve Canadian partner companies, each integrating their own sovereign technology directly onto the platform, with Convergence serving as the thirteenth as platform prime and systems integrator:

• Agile Electromagnetics: Counter Drone Systems

• Bubble Technology Industries: Advanced Radiation and Explosives Detection

Technologies

• Calian: Resilient and Anti-Jamming GNSS

• Canimex Group: Electric Powertrain System

• Guardian Mobility: Beyond-Line-of-Sight Communications

• Kontron: Powering Autonomous Edge AI with Rugged Servers

• North Vector Dynamics: Counter-UAS Precision-Guided Missile System

• Ottawa Infotainment: Rugged Vehicle Domain Controller and Display Interface

• Pleora Technologies: Rugged Vision Switcher

• STL Engineering: AVRO Mission Critical Distributed Computing

• Tessellate Robotics: GNSS-Denied Autonomous Navigation with LiDAR

• Volthium: Canadian Lithium Battery Systems and Energy Storage

• Convergence Design Services: Sensor Fusion and Vehicle Platform

Each of these companies is Canadian. Each made a deliberate choice to invest their technology in a sovereign Canadian platform. Together they have built something Canada’s defence community has been calling for.

WHY THIS MOMENT MATTERS

Canada is at an inflection point. The federal government has committed to rebuild, rearm, and reinvest in the Canadian Armed Forces through the Defence Investment Strategy, raising the share of defence acquisitions awarded to Canadian firms to 70%, prioritizing domestic supply chain resilience, and streamlining procurement. The MIL-V is purpose-built for this moment, and with a fully domestic supply chain, production can scale rapidly when Canada needs it most.From the Prime Minister’s office to the Department of National Defence to Invest Ottawa, the message has been clear: Canada needs to build and own its own advanced defence technology.

For the last six years, Convergence has been investing in developing the sovereign technology that directly aligns with this strategy. The MIL-V is not a reaction to the current moment. It is evidence that Canadian industry was already there.

“The MIL-V demonstrates the strength of Canadian collaboration in advancing sovereign defence capability. Bringing together Canadian organizations and technologies designed and developed here at home reflects the kind of innovation and partnership needed to strengthen Canada’s industrial capability. We are proud to support this effort with our precision and resilient GNSS technology alongside Convergence and other Canadian companies.”

Darrell Wellington, VP and GNSS GM, Calian

“Being demoed inside an autonomous vehicle at CANSEC with Convergence is a real glimpse of how integrated, mission-ready autonomy is moving from concept to reality. Pleora plays a critical role in enabling this shift by delivering secure, high-performance video connectivity and sensor data transport that defence platforms depend on for real-time situational awareness, autonomy, and mission-critical decision-making.”

Ed Goffin, Vice President, Product Marketing, Pleora Technologies

ALSO AT CANSEC 2026

Convergence will also showcase the Arctic OWL, a distributed edge-AI sensing network that delivers persistent spatial awareness in remote and austere environments without relying on existing infrastructure. Designed for Arctic conditions and proven in harsh environments, the Arctic OWL addresses Canada’s growing need for sovereign sensing capability across the north.

ABOUT CONVERGENCE DESIGN SERVICES

Ottawa-based Convergence Design Services has over 30 years of experience delivering critical engineering across defence, aerospace, space, and advanced mobility. Formerly known as Blue Systems, the company is 100% Canadian owned, CGP-certified, and has been recognized multiple times as one of Ottawa’s fastest-growing companies by the Ottawa Business Journal.

Backed by a 100% Canadian venture capital firm, Convergence is making a multimillion-dollar investment in defence product innovation and engineering growth.Convergence Design Services will be exhibiting at CANSEC 2026 at booth 4015, EY Centre, Ottawa, May 27-28.

GM Defence Appoints ISTEC as Preferred Mission Kit Supplier for UK and Wider EU/NATO Programmes

Tuesday, May 26th, 2026

GM Defence has appointed the UK company ISTEC Services Limited as its preferred mission kit supplier for UK and wider EU/NATO programmes. The agreement places ISTEC as the exclusive supplier to GM Defence for all UK opportunities and as a preferred supplier for all other EU/NATO or worldwide markets. This appointment reinforces GM Defence’s UK-based supply chain expansion strategy and is aligned with their wider UK-based development plans, thus supporting the sustainment and creation of UK jobs and increasing UK defence export potential.

ISTEC Services Ltd is a British company with 37 years of operationally proven experience in the design, manufacture and supply of complex weapon integration solutions for military platforms.

Under this agreement, ISTEC will supply GM Defence with weapons mounts, weapon and ammunition stowage, smoke dischargers and all relevant in-service support including spares, publications and training. The agreement reaches across GM Defence’s light vehicle range including all variants of the ISV, S10 and Silverado platforms, currently being offered to meet the UK’s requirements, but also across a number of wider NATO/EU opportunities.

This collaboration agreement is a clear demonstration of GM Defence’s commitment to supporting UK MoD programmes and, in particular, establishes an exclusive partnership with a well-respected UK-based supplier who has a long pedigree of providing the UK MoD with operationally proven, robust and high-quality products. Remaining OEM agnostic, ISTEC has recently signed a number of high-profile collaboration agreements proving that they are the partner of choice to support many OEMs with battle-proven mission system design, integration, manufacturing and support solutions.

Gilbert Nelson, Vice President for International Sales and Marketing at GM Defence said: “We’re pleased to announce this agreement today that places ISTEC as a tier one supplier to GM Defence. ISTEC is a trusted and proven supplier to the UK MoD so bringing them into our team increases confidence and reduces risk across all of our regional programmes. We are currently developing a robust UK-based supply chain and this appointment is a key part of that strategy, creating and sustaining UK jobs and strengthening UK defence exports.”

Anne Quelch, Director at ISTEC said, “This appointment by GM Defence is a major milestone for the company. We have been working closely and very successfully with GM Defence for some time now and we believe that this exclusive agreement for the UK programmes is a resounding endorsement of our reputation and the proven quality of our products. We are also extremely pleased to have been awarded preferred supplier status by GM Defence for EU/NATO and other worldwide opportunities where GM Defence is ideally placed to succeed.”

Two Defense Contractors Arrested for Bribery and Major Fraud Conspiracy Scheme Affecting Department of War Technology Innovation Contracts

Friday, May 22nd, 2026

Today (May 20, 2026), the Justice Department announced criminal charges against Leonard Pick, 62, of Palm Beach Shores, Florida, and Brian Kent, 59, of Tampa, Florida, for orchestrating a bribery and major fraud conspiracy that corrupted the competitive procurement process for a Department of War technology innovation lab in the Pacific. The defendants’ alleged conduct specifically affected the construction and operation of the U.S. Army Pacific Command’s Hawaii-Pacific Innovation Campus, which was intended to be a hub for testing new technologies for the Department of War.

The indictment, filed in the District of Hawaii on May 14 and unsealed today, alleges that, from January 2021 to October 2022, Pick and Kent conspired to bribe a U.S. Army employee with approximately $1.25 million over five years and fraudulently inflated government contracting costs to include the U.S. Army employee’s bribe payments. The indictment further alleges that, from approximately September 2020, up to and including October 2022, defendant Kent further defrauded the government by inflating government contract costs to include approximately $680,000 in payments intended for and sent to Kent’s personal consulting business.

“When defense contractors obtain government-funded work through bribery and fraud, they rob our military and the American people of the benefits of a fair, competitive procurement process,” said Acting Deputy Assistant Attorney General Daniel W. Glad of the Justice Department’s Antitrust Division. “The Antitrust Division and its partners in the Procurement Collusion Strike Force will vigorously prosecute those that seek to profit at the expense of American taxpayers.”

“Government contracts must be awarded based on fair competition, not secret bribes hidden in inflated costs,” said Acting Director of Criminal Enforcement Paul V. Courtney of the Justice Department’s Antitrust Division. “Those who corrupt the procurement process and defraud the American taxpayer should know this: we will find you, prosecute you, and hold you accountable.”

“Corruption in our military procurement processes harms honest companies seeking to compete fairly, steals from our taxpayers, and erodes faith in our government institutions,” said U.S. Attorney Ken Sorenson for the District of Hawaii. “We remain committed to holding accountable in federal court any defense contractors who attempt to undermine fair competition through bribery and corrupt practices.”

“The criminal conduct uncovered in this investigation represents a profound betrayal of the public trust,” said Special Agent in Charge David Porter of the FBI Honolulu Field Office. “The defendants used bribery and fraud to obtain significant defense contracts, prioritizing personal profit over national security. Let this serve as a clear warning — the FBI and our federal partners will aggressively pursue and hold accountable anyone who attempts to corrupt government procurement processes for personal gain.”

“Those who scheme for ill-gotten profits through unscrupulous and shady dealings should take heed of these very serious charges,” said Special Agent in Charge Stanley A. Newell of the Department of War, Office of Inspector General’s Defense Criminal Investigative Service (DCIS), Transnational Operations Field Office. “Swindling the American taxpayers through corruption and fraud will never be tolerated by the dedicated professionals of DCIS and our partner agencies.  We are steadfast in our commitment to ensure the integrity of the U.S. military procurement system and hold those who threaten it accountable.”

“Those who attempt to corrupt government processes for personal gain undermine public trust,” said Special Agent in Charge Christopher Bjornstad of the U.S. General Services Administration Office of Inspector General Western Investigations Division. “GSA OIG special agents will continue working with our law enforcement partners to thoroughly investigate those who abuse positions of trust and responsibility.”

“Bribery and conspiracy within the defense supply chain are more than just financial crimes; they represent a direct threat to our mission readiness and the safety of our service members,” said Special Agent in Charge Greg Gross of the Naval Criminal Investigative Service, Economic Crimes Field Office. “NCIS will continue working tirelessly alongside our law enforcement partners to dismantle corrupt networks and safeguard the resources necessary to support our warfighters.”

Defendants Pick and Kent are each charged with one count of conspiracy to commit bribery and major fraud against the United States, one count of bribery, one count of major fraud against the United States, and one count of wire fraud. Kent is also charged with a second count of major fraud against the United States. The maximum penalty for conspiracy to commit bribery and major fraud is five years in prison and a $250,000 fine. The maximum penalty for bribery is 15 years in prison and a fine of either $250,000 or three times the monetary value of the bribe, whichever is greater. The maximum penalty for major fraud against the United States is 10 years in prison and a $1,000,000 fine. The maximum penalty for wire fraud is 20 years in prison and a $250,000 fine. The fines may be increased to twice the gain derived from the crime or twice the loss suffered by the victims of the crime if either amount is greater than the statutory maximum fines. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

These indictments result from ongoing federal investigations into fraud and collusion in the defense contracting industry in Hawaii. The investigation is being conducted by the Antitrust Division’s San Francisco Office, the U.S. Attorney’s Office for the District of Hawaii, the Federal Bureau of Investigation, the Department of the Army Criminal Investigative Division, the U.S. Department of Defense’s Defense Criminal Investigative Service, the U.S. General Services Administration’s Office of Inspector General, and the Naval Criminal Investigative Service (NCIS). Trial Attorneys Nolan Mayther, Andrew Schupanitz and Kylie McLaughlin, and Senior Litigation Counsel Mikal Condon, are prosecuting the case.

The Justice Department’s Procurement Collusion Strike Force (PCSF) is a joint law enforcement effort to combat antitrust crimes and related fraudulent schemes that impact government procurement, grant and program funding at all levels of government — federal, state and local. To learn more about the PCSF, or to report information on bid rigging, price fixing, market allocation and other anticompetitive conduct related to government spending, go to www.justice.gov/procurement-collusion-strike-force.  

Whistleblowers who voluntarily report original information about antitrust and related offenses that result in criminal fines or other recoveries of at least $1 million may be eligible to receive a whistleblower reward. Whistleblower awards can range from 15 to 30 percent of the money collected. For more information on the Antitrust Whistleblower Rewards Program, including a link to submit reports, visit www.justice.gov/atr/whistleblower-rewards.

Via DOJ

An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.