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Archive for the ‘Press Release’ Category

Ghost Robotics Corporation and LIG Nex1 Announce Close of Acquisition

Monday, July 29th, 2024

LIG Nex1 will have a controlling stake in Ghost Robotics
Philadelphia, PA and Seoul, South Korea – July 29, 2024 – Ghost Robotics, a leading innovator in legged robotics, and LIG Nex1, a premier South Korean defense technology company, are pleased to announce the close of a strategic partnership through LIG Nex1’s control-stake acquisition of Ghost Robotics. LIG Nex1 has acquired a 60% control-stake in Ghost Robotics for $240 million USD, valuing the company at $400 million USD.

This partnership marks a significant milestone for both companies as they combine their expertise and resources to advance the field of autonomous robotic solutions. The acquisition will enable Ghost Robotics to leverage LIG Nex1’s extensive experience and capabilities in defense technology and manufacturing to further accelerate scaling.

“We are thrilled to partner with LIG Nex1 and embark on this exciting new chapter for Ghost Robotics,” said Gavin Kenneally, PhD, Co-founder & CEO of Ghost Robotics. “Their investment and strategic guidance will accelerate our growth and enhance our ability to deliver groundbreaking robotic solutions to a wider range of industries and applications.”

LIG Nex1’s CEO, Shin IckHyun, echoed the enthusiasm, stating, “Our acquisition of a majority stake in Ghost Robotics aligns perfectly with our vision to lead the future of defense and security technology.” He added, “We expect this acquisition will serve as momentum for both companies to grow together based on our leading-edge technological capabilities and close cooperation.”

This partial acquisition will foster innovation and drive the development of next-generation robotic systems for both industrial and defense markets. By combining their strengths, Ghost Robotics and LIG Nex1 are well-positioned to lead the industry in delivering robust, versatile, and reliable robotic solutions.

Milestone in Hungarian Infantry Fighting Vehicle Programme: Rheinmetall Hands Over First Lynx from Domestic Manufacturing

Sunday, July 28th, 2024

At a ceremony on 24 July 2024, Rheinmetall handed over the first KF41 Lynx infantry fighting vehicle (IFV) produced at the Zalaegerszeg site in Hungary to the Hungarian armed forces. On behalf of the Hungarian government, Defence Minister Kristóf Szalay-Bobrovniczky attended the handover. Dr Björn Bernhard (Head of Rheinmetall Vehicle Systems Europe) and Paul Walf (CEO Rheinmetall Hungary) welcomed the guests on behalf of Rheinmetall.

The first Lynx from Hungarian production was already completed in December 2023. Following extensive functional inspections as well as performance and quality acceptances, it has now been officially handed over to the Hungarian armed forces.

In Zalaegerszeg, Rheinmetall Group operates the world’s most modern competence centre for the production of tracked armoured vehicles, in particular the highly innovative Lynx. The factory was opened in August 2023.

Kristóf Szalay-Bobrovniczky, Defence Minister of Hungary: “I often say that peace requires strength, which means a lot of kinds of strength, and in this regard, we have gained real and serious strength with Rheinmetall and in this alliance, which significantly enriches Hungary. This is a kind of strategic partnership that is more than strategy or partnership – this is a real alliance, and within this framework, we hope to win the future for Hungarians, and we’re building something that will remain for the next generations, and we’re strengthening Hungary.” 

Dr Björn Bernhard, Head of Rheinmetall Vehicle Systems Europe: “We are grateful to be able to support the Hungarian armed forces as an industrial partner in the Lynx lighthouse project. We have now reached an important milestone within the project. With the production of the Lynx, we are seriously proving our commitment in creating local added value in Hungary and transferring technology to the country. This model is also transferable to other countries which might also be interested in similar partnerships”.

In August 2020, the Hungarian Ministry of Defence commissioned the Rheinmetall Group to supply combat vehicles and associated services worth over 

€2bn as part of its “Zrínyi 2026” initiative. A total of 209 Lynx KF41s are to be supplied to the Hungarian armed forces in seven variants: IFV, command post vehicle, armoured reconnaissance vehicle, fire control vehicle, mortar carrier, medical vehicle and driving school vehicle. A Lynx air defence tank with a Skyranger 30 turret is also in progress as part of another development contract, placed in December 2023.

In the first production phase, Hungary will receive 46 German-made Lynx infantry fighting vehicles by the end of 2025. The first vehicle from this series was handed over in October 2022. Production of the remaining vehicles began at the end of 2023 as part of the Rheinmetall Hungary Zrt. joint venture between Rheinmetall (51%) and the Hungarian government (49%) in Zalaegerszeg. 

The state-of-the-art development and manufacturing site in Zalaegerszeg was opened on an area of approximately 33 hectares as part of the industrial complex ZALAZone in August 2023. The site also includes an extensively equipped test centre with a firing tunnel. In addition to strengthening the local economy, the factory also contributes to promoting innovation and, above all, creates around 300 highly qualified jobs. Rheinmetall plans additional investments in the site in the coming years in order to further increase production capacity. The establishment of the IFV and other variants will also strengthen the development of the Hungarian economy and defence industry.

Thanks to its modular design, the Lynx KF41 is characterised by maximum adaptability. This means that the Hungarian customer’s specific national requirements can be precisely fulfilled. The state-of-the-art infantry fighting vehicle impresses with its scalable armament, various layers of protection, upgradeable systems and the ability to take on new roles in just a few hours after being fully converted.

BlueForge Alliance Promotes Careers “Built to Last” with a Modernized Classic American Icon

Sunday, July 28th, 2024

BRYAN/COLLEGE STATION, TX – BlueForge Alliance (BFA), a nonprofit integrator supporting the United States Navy’s Submarine Industrial Base (SIB), has launched its second national marketing campaign — “Built to Last”— focused on elevating awareness of opportunities in maritime manufacturing.

The campaign seeks to reach a younger audience of next generation talent who may be unaware of the substantial opportunities for stable and impactful careers in maritime manufacturing. Parents, mentors, teachers, coaches, and other key influencers of this upcoming generation of professionals will also be reached to help spread awareness about these meaningful career opportunities.

Leading the charge in short commercials will be Rosie the Riveter, an icon of World War II who originally encouraged women to seek manufacturing industry roles supporting the U.S. military. The reimagined Rosie will choose a role in the current maritime manufacturing effort instead of service industry work, calling on the new generation to consider the same path.

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The campaign will lead its viewers to CareersBuiltToLast.com, a mobile-first website focused towards Gen Z. The site showcases well-paying, high-tech, high-ceiling manufacturing opportunities in comparison with more conventional careers. While discovering the benefits of these opportunities, they can also explore hundreds of training programs in all 50 states where they can gain skills and certifications to launch their careers.

“Stability, sustainment, and purpose are paramount for those seeking professional paths,” said Melissa Wren, principal for external affairs and administration, BlueForge Alliance. “The careers emphasized through ‘Built to Last’ ensure individuals and families are supported in long-term roles, and they ensure the United States Navy has the vessels it needs to remain the best in the world. We thank adam&eveDDB for its efforts in creating a campaign that meets the moment during this critical period in American history.”

“Built to Last” will utilize a broad multimedia, out-of-home, and new media approach, and will include both national media and regional outlets in areas of the country of key importance to the U.S. Navy.

“Many people across America aren’t aware of the huge opportunities for careers in maritime manufacturing,” said James Rowe, Managing Director at adam&eveDDB New York. “The gig economy has created a transitory workforce, and we wanted to demonstrate that there are incredible long-term career opportunities across American manufacturing. Bringing an icon like Rosie the Riveter into 2024 felt like a unique way to connect with a new generation and make them aware of the prospects that a career in manufacturing has to offer.”

The new campaign will complement BFA’s initial national marketing effort, “We Build Giants,” which supports BuildSubmarines.com, the recruitment hub for the 15,000-plus suppliers making up the Navy’s SIB. “We Build Giants” encourages individuals entering or already in the manufacturing workforce to consider careers at SIB suppliers.

In order to meet the Navy’s goal to add three submarines to its fleet each year beginning in 2028, sustain its existing undersea platforms, and support allies, an estimated 140,000 skilled workers are needed in the American maritime defense manufacturing workforce over the next decade.

Rheinmetall Manufactures 81mm Mortar Ammunition for the Swiss Armed Forces

Saturday, July 27th, 2024

The Düsseldorf-based technology group Rheinmetall has been commissioned by the Swiss Confederation to manufacture and supply 81mm mortar cargo ammunition. The total value of the order is in the mid double-digit million euro range. 

The entire scope of supply comprises 81mm MX2-KM mortar weapons from Rheinmetall EXPAL Munitions SA as well as 81mm mortar cartridges Cargo for illumination white light, illumination infrared and smoke discharge based on RP (Red Phospor), which are manufactured by Rheinmetall Waffe Munition GmbH at the Neuenburg am Rhein plant. The delivery is scheduled to be completed by 2025 and includes various additional services as part of the product launch. 

The cartridges are qualified for the MX2-KM mortar of the Swiss armed forces and, together with the weapon system, form a mortar system in which both the ammunition and the weapon system are manufactured by Rheinmetall.

At the end of the qualification measures, the cargo cartridges were verified at a test site on the Spanish coast. The order underscores Rheinmetall’s expertise in the production of state-of-the-art steep-fire mortar ammunition.

Max Michel and Mason Lane Take Top Finishes at SIG SAUER Academy USPSA Area 7 Match

Saturday, July 27th, 2024

NEWINGTON, N.H., (July 25, 2024) – SIG SAUER, Inc. congratulates Team SIG Captain Max Michel and Team SIG professional shooter Mason Lane on their first-place finishes at the 2024 USPSA Area 7 Match hosted at SIG SAUER Academy. Max earned the top prize for the Carry-Optics Division and first overall; Mason earned the top prize for the Production Division and third place overall.

Max Michel competing at the SIG SAUER Academy USPSA Area 7 Match.
“The atmosphere at the Academy for the Area 7 match was electric and for Max and Mason to each come away with first place divisional finishes and first and third overall is impressive. These results reflect hard work and dedication to their sport,” said Robby Johnson, Chief Marketing Officer, SIG SAUER, Inc. “I also want to recognize the team at SIG SAUER Academy on their collective achievement. This competition had the largest attendance of an Area 7 match ever and has garnered amazing positive feedback from both competitors and spectators. It takes many forces coming together to make a match like this happen and the Academy team makes it look easy to prove they are the best in the industry.”

At the USPSA Area 7 Championship, Max earned his first-place finish in the Carry-Optics Division and the first-place overall finish for the match using a P320-MAX pistol with a ROMEO3MAX Optic and SIG SAUER Match Elite competition ammunition.

Max Michel, Team SIG Captain added, “I’m thrilled to have won the Carry-Optics title and the overall title at the Area 7 competition. SIG SAUER Academy hosted an incredible event with a huge crowd and amazing stages. The biggest victory of the weekend goes to the staff and the entire team that put this match on the ground, they did a spectacular job showcasing the facility and what it means to be a part of Team SIG to the world.”

Mason Lane competing at the SIG SAUER Academy USPSA Area 7 Match.
At the USPSA Area 7 Match, Mason earned his first-place finish in the Production Division and the thrid place overall finish for the match using a P320-XFIVE LEGION with iron sights and SIG SAUER Match Elite competition ammunition.

“This match stands as a historical full circle moment in time for me, as the first major USPSA match I ever competed in was this Area 7 match at SIG SAUER Academy in 2013. I can remember watching Max and admiring how easy he made it look and wanting to be on that stage someday,” said Mason Lane. “Fast forward to 2024 and seeing the transformation of SIG SAUER Academy on display at this match, being afforded the opportunity to represent the best firearms company, and having a podium finish was truly unbelievable and I am so honored to be part of Team SIG.”

The 2024 USPSA Area 7 Match at SIG SAUER Academy, in Epping, New Hampshire took place July 19 – 21, 2024 and hosted over four-hundred competitors. To learn more about the SIG SAUER Academy and SIG Experience Center league and match schedule visit sigsaueracademy.com.

GA-ASI SeaGuardian Featured Again at RIMPAC

Friday, July 26th, 2024

U.S. Navy Rim of Pacific Exercise Is World’s Largest Maritime Exercise
SAN DIEGO – 23 July 2024 – An MQ-9B SeaGuardian® Unmanned Aircraft System from General Atomics Aeronautical Systems, Inc. (GA-ASI) is once again supporting the U.S. Navy during its Rim of the Pacific (RIMPAC) exercise, this time for RIMPAC 2024. RIMPAC 2024, the world’s largest international maritime exercise, started on July 8, 2024, and continues operations through the month in areas throughout Hawaii.

GA-ASI’s SeaGuardian is a maritime derivative of the MQ-9B SkyGuardian® and remains the first UAS that offers multi-domain Intelligence, Surveillance, Reconnaissance, and Targeting (ISR&T) as an internal payload that can search the ocean’s surface and depths in support of Fleet Operations. SeaGuardian is also providing real-time ISR data feeds to the U.S. Pacific Fleet Command Center using advanced long-range targeting capabilities, Signals Intelligence (SIGINT) parametrics, Anti-Submarine Warfare (ASW) acoustic and tracking data, and full-motion video to the watch floor and intelligence centers as well as to surface, air, and subsurface exercise participants for real-time dynamic tasking and targeting in support of cooperative kill-chain execution.

SeaGuardian arrived at RIMPAC 2024 with more than 8,000 hours flown showcasing all operational payloads, which includes the SeaVue Multi-role radar from Raytheon, an RTX business, SNC’s Electronic Support Measures (EMS) solution, as well as an Automatic Identification System (AIS), and a self-contained ASW. This year, GA-ASI is introducing its Sonobuoy Dispensing System, demonstrating the deployment of A-size sonobuoys from a UAS for monitor and control. Additional SeaGuardian capabilities include a GA-ASI-developed Lynx® Multi-mode Maritime Radar, a high-definition Electro-Optical/Infrared (EO/IR) imaging system, and Link 16.

SeaGuardian’s multi-domain capabilities allows it to flex from mission to mission and pass real-time sensor data directly to the Fleet through Link 16 and satellite feeds to the shore-based command and intelligence centers. During RIMPAC, the MQ-9B is effectively passing ISR&T information to various surface and air units, such as the Nimitz-class carrier USS CARL VINSON,Guided Missile Destroyers (DDG), Littoral Combat Ships (LCS), frigates, patrol boats, P-8s, P-3s, and numerous other U.S. and foreign units taking part in the exercise.

Lindnerhof Launches New Series of Modular Panels and Lightweight Belts

Friday, July 26th, 2024

LENGGRIES, GERMANY (25.07.2024)

Lindnerhof has launched a new line of modular panels crafted to securely store ammunition and essential mission gear. They’ve also released a slimmer, lighter version of their classic LT465 trouser belt.

By utilizing the extremely lightweight MX laminate, combined with slim webbing and light plastic components, these new products are designed to be both compact and lightweight.

The new MX713 and MX716 panels for shotgun ammunition come in 7 and 13 round versions. They are compatible with all Lindnerhof pouches that have a loop surface, whether inside or outside, due to the hook surface on the backside. Additionally, they feature a special loop for quick removal.

The LT230/II front panel is designed for easy detachment via hook surfaces and can serve as a spare or accessory part for the LT025/V & LT025/V A1/A2 plate carriers. This feature allows for quick replacement with other pre-equipped panels. The MOLLE/PALS on the front enable the attachment of various pouches.

The LT400/II Panel Back Assault zippable is a versatile all-rounder. It can be pre-equipped and easily attached or removed, even functioning as a modular backpack when connected to a plate carrier.

As an addition to the zip attachment, there are additional straps on the back for attaching to a MOLLE/PALS system if required to carry heavy loads. Along with the six 40mm grenade pouches at the top and the large multi-pouch at the bottom, which is lined with a loop surface on the inside, this panel features an inner compartment for tools or hydration bladders. This compartment can be folded out when needed to offer additional storage space.

The LT468 belt is a slimmer version of the LT465 inner belt, now available in a 35mm width instead of 50mm. This new size is designed to fit various combat pants as well as most common civilian trousers.

The popular features remain, including the quick attachment for modular belts via the loop surface outer side, integrated shaping plastic reinforcement, and the flat square ring closure. These elements ensure a secure and comfortable fit.

Learn more about Lindnerhof’s latest gear by visiting their website: lindnerhof-taktik.de

Samson Manufacturing Corp Releases FDE Version of S.A.S Tactical Folding Stock

Thursday, July 25th, 2024

Keene, New Hampshire USA – Samson Manufacturing is following up the black versions of their wildly popular picatinny mounted lineup with FDE versions in all three offerings. Released early in 2024 the S.A.S has raised the bar for picatinny mounted side folding stocks. Also available is the B.R.E which utilizes the same folding mechanism and takes a standard AR style stock. For those seeking an upgrade to their current folding mechanism Samson also offers it as a standalone item.

Available now on the Samson Website and soon to be hitting Distribution channels.

Shop the Samson Folding Lineup here:

The S.A.S — Tactical All Metal Adjustable Folding Stock

The B.R.E Bufferless Receiver Extension

Picatinny Side Folding Stock Adapter — Ambidextrous – 1913 Interface, mpx/mcx style stock