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Ceremonial Handover in Hungary: Rheinmetall Takes Over Ammunition Factory in Várpalota, Hungary, After Completion

Wednesday, July 31st, 2024

On 29 July 2024, the Duesseldorf-based technology group Rheinmetall celebrated the official takeover of its new state-of-the-art 30mm ammunition factory in Várpalota, Hungary.

The ceremony took place in presence of the Hungarian Minister of Defence Kristóf Szalay-Bobrovniczky and the CEO of Rheinmetall AG, Armin Papperger.

The new production facility in Várpalota is a significant milestone in Rheinmetall’s expansion strategy. It underlines the company’s commitment in providing up-to-date technologies to support the defence capabilities of its partners. The factory is designed to produce 30mm ammunition for the KF41 Lynx infantry fighting vehicle (IFV), which will be built in Zalaegerszeg and delivered to the Hungarian armed forces. The Várpalota factory will start production in October 2024. Furthermore, ammunition for battle tanks and artillery as well as igniters will be among the products manufactured in Várpalota in a second phase. In the final expansion stage, the company site will cover a total of around 150 hectares.

In his opening speech, Armin Papperger highlighted the importance of the new factory for Rheinmetall and the site in Hungary: “The opening of this state-of-the-art ammunition factory in Várpalota is a clear signal to our commitment concerning innovation and quality. This facility will not only strengthen the defence capabilities of our global partners and in Hungary, but will also contribute to the economic development of the region.”

In his address, Hungarian Defence Minister Szalay-Bobrovniczky emphasised the strategic importance of the cooperation with Rheinmetall, and stressed the joint efforts in strengthening the national security and defence industry.

The new factory in Várpalota is equipped with the latest technology and will create more than 200 jobs in the region, making an important contribution to the local economy. The establishment of the Lynx IFV and other Lynx models also strengthens the development of the Hungarian defence industry. Rheinmetall is thus continuing its tradition of contributing to global security through technological innovation and close partnerships.

Posted in Ammo, Industry, International, Press Release | Comments Off on Ceremonial Handover in Hungary: Rheinmetall Takes Over Ammunition Factory in Várpalota, Hungary, After Completion

Savage Arms Receives IHEA Industry Partner of the Year Award

Wednesday, July 31st, 2024

WESTFIELD, Massachusetts – July 30, 2024 – Savage Arms®, an iconic firearm manufacturer, has been given the Industry Partner of the Year Award by the International Hunter Education Association (IHEA). An organization dedicated to teaching hunting and shooting safety and responsibilities throughout the United States, IHEA began its partnership with Savage Arms in June of 2022.

“We are honored to receive the IHEA Industry Partner of the Year Award and remain committed to supporting hunter education initiatives across the United States,” said Beth Shimanski, Director of Marketing at Savage Arms. “As Savage continues to collaborate with IHEA and other organizations, we strive to promote safe and responsible hunting practices for generations to come.”

IHEA is the professional hunter education association affiliated with the Association of Fish and Wildlife agencies and the state fish and hunter education programs. With over 55,000 instructors, the organization works to ensure that hunter education and shooting safety is presented across the United States.

“Savage Arms is an amazing partner to not only IHEA, but hunter-ed volunteers and hunting mentors nationwide,” said Alex Baer, executive director for IHEA-USA. “The IHEA Industry Partner Award recognizes commitment to education, and Savage Arms provides this in a combination of ways including innovation to bring services to new audiences, professional consultation and financial aid. This award is nominated by members of the community and decided by a committee of hunter-education professionals.”

Through the partnership with IHEA, Savage Arms has supported tens of thousands of instructors who provide hunter education and shooting safety training nationwide. By its continued support of IHEA, Savage Arms has played a crucial role in educating new generations of hunters about firearm safety, responsible hunting and landowner relationships.

For more information about Savage Arms and its extensive line of leading firearms, visit savagearms.com.

Posted in Hunting, Industry, Press Release | Comments Off on Savage Arms Receives IHEA Industry Partner of the Year Award

Vista Outdoor Board Announces Review of Strategic Alternatives

Wednesday, July 31st, 2024

Company Adjourns Special Meeting for CSG Transaction to September 13, 2024

ANOKA, Minn.– Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSE: VSTO) today announced that its Board of Directors (the “Board”) has commenced a review of strategic alternatives, which includes:

• Exploration of a full range of alternatives for Revelyst, including a potential sale of Revelyst. The Czechoslovak Group a.s. (“CSG”) is also considering an acquisition of Revelyst with potential partners (in addition to its proposed acquisition of The Kinetic Group).

• Engagement with MNC Capital (“MNC”) and its private equity partner with respect to its proposal to acquire Vista Outdoor to see if it can deliver superior value for the Company’s stockholders. This follows MNC’s recent public statement on July 26, 2024 that “if there were a reason or basis to increase our offer, including Vista engaging with us and providing one, we would increase our offer price”. In light of this recent statement, the Board has determined that MNC’s proposal would reasonably be expected to lead to a superior proposal and meets the standard for engagement under the terms of the CSG merger agreement. Considering the extensive diligence conducted by MNC and its private equity partner to date, Vista Outdoor expects MNC to be able to confirm an increased proposal for the acquisition of Vista Outdoor in short order.

• Continued consideration of the separation of Revelyst and The Kinetic Group through a spin-off.

The Board remains committed to acting in the best interests of the Company and its stockholders.

“We recognize the continuing support received from many of our stockholders for the CSG transaction and the feedback from some of our stockholders with respect to other strategic alternatives,” said Mike Callahan, Chairman of the Board of Directors. “We take the views of our stockholders very seriously and believe it is prudent to evaluate all strategic alternatives. In addition to engaging with CSG and MNC and its private equity partner, we also look forward to reviewing any other strategic alternative for Vista Outdoor that would maximize value for stockholders. While we conduct this strategic review, we remain as focused as ever on delivering high-quality, innovative products for our consumers around the world.”

In light of this announcement, Vista Outdoor will adjourn the special meeting of stockholders (the “Special Meeting”) scheduled to be held at 9:00 am (Central Time) on July 30, 2024, to 9:00 am (Central Time) on September 13, 2024. The Board continues to recommend Vista Outdoor stockholders vote in favor of the proposal to adopt the merger agreement with CSG at the Special Meeting.

Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor. Moelis & Company LLC is acting as sole financial adviser to the independent directors of Vista Outdoor and Gibson, Dunn & Crutcher LLP is acting as legal adviser to the independent directors of Vista Outdoor.

Posted in Ammo, Industry, Press Release | Comments Off on Vista Outdoor Board Announces Review of Strategic Alternatives

Introducing the XR2 Ultra, Compact, Lightweight and Rechargeable Weapon Light with Red Aiming Laser

Wednesday, July 31st, 2024

Fountain Valley, CA—SureFire, LLC, manufacturer of the world’s finest—and most innovative—illumination tools and tactical products, is proud to announce the highly capable, easily concealable XR2 weaponlight with visible red or green aiming laser is now shipping in the red laser configuration.

The XR2 is a lightweight, ultra compact, rechargeable handgun weaponlight with aiming laser that boasts an impressive 800 lumens and 15,000 candela. The XR2 is activated with intuitive ambidextrous switches that allow for both momentary-on or constant-on activation. This concealable weaponlight operates on a quick-detach battery, enabling the operator to swap out the power source without removing the XR2 from the host weapon and disturbing the laser’s zero.

With its incorporated red aiming laser (green laser model coming soon), the XR2 allows for faster target acquisition, enabling the operator to engage effectively in high-pressure situations. The 5-milliWatt laser is highly visible in various lighting environments, providing a clear aiming point in even the harshest conditions.

The XR2 is designed for a concealable mid-size handgun with its ultra-lightweight, extremely compact, low-profile design. Its rail mount features four points of contact to ensure an added measure of redundancy and security when mounted to a weapon and will securely attach to most Universal-rail-equipped handguns. The dual recoil-proof LEDs result in a Hybrid beam pattern with significant reach downrange as well as ample spill light, so you can positively ID targets at distance while maintaining situational awareness.

XR2 Features:

• Dual LEDs deliver 800 lumens of intense white light and 15,000 candela shaped in to a Hybrid beam pattern; ideal for positive target identification at short- to medium-range distances, delivering a bright central beam and ample spill light

• Choose between red laser with an output of 5 milliWatts/635 nanometers and green laser with an output of 5 milliWatts/515 nanometers for rapid target acquisition from nonstandard shooting positions

• Compact form factor is ideal for concealment, adding no additional width or length to most mid-sized concealable handguns.

• SureFire’s intuitive and ambidextrous switching provides momentary-on or constant-on activation for virtually foolproof, stress-free instant activation

• Quick-detach, rechargeable lithium polymer battery provides fast and easy battery swaps without removing the XR2 from the host firearm, ideal for prolonged low-light training sessions

• Battery-mounted fuel gauge allows convenient monitoring of charge status; it minimizes your chances of being caught with a dead battery

• Included charging cradle features two charging bays so you can keep charged spare batteries readily at hand

• Weatherproof, sealed gasket to ensure durability in rainy conditions

For more information on the XR2, visit www.surefire.com/xr2.

Posted in Advertiser, Lights, Press Release, Weapon Accessories | 1 Comment »

Silencer Central to Showcase Award-Winning Suppressors at 2024 Sturgis Motorcycle Rally

Tuesday, July 30th, 2024

SIOUX FALLS, South Dakota (July 30, 2024) – It’s that time of year once again—time for the 84th annual Sturgis Motorcycle Rally in Sturgis, South Dakota, August 2-11, 2024. Silencer Central will be there to help kickstart your ride to suppressor ownership. Silencer Central will have a great selection of high-quality suppressors including award-winning BANISH silencers and accessories available for purchase. Silencer Central will have three convenient locations:

· Black Hills Harley Davidson – 1040 Harley Davidson Way – July 31-August 10, 2024

· Full Throttle Saloon – 19942 SD-79, Vale, SD – August 2-11, 2024

· One Eyed Jacks Saloon – 1304 Main St – August2-11, 2024

“The Sturgis Rally is the “Super Bowl” of motorcycle rallies,” said Brandon Maddox, CEO of Silencer Central. “We look forward to joining our friends at the Sturgis Motorcycle Rally every year. Our team has a great time, and it gives us a wonderful opportunity to connect and interact with our amazing customers.”

There will be suppressor experts on hand to answer firearm questions, take you through the paperwork process, and show how Silencer Central makes buying a silencer simple. Every silencer purchase also offers a FREE Silencer Central Sturgis Rally t-shirt (available for a limited time only).

Also new this year are daily giveaways at each location including t-shirts, suppressor accessories, free tax stamps and even free silencers! Visit one of the three locations to register to win, daily prizes drawn at 3 p.m.

Celebrating 84 years, the Sturgis Motorcycle Rally is the world’s largest motorcycle rally, and is one of the most exciting festivals, embracing the rich culture of motorcycle enthusiasts. Whether you’re a casual weekend rider or fully immersed in the biker lifestyle, Sturgis has something remarkable to offer. Silencer Central will be spread across the Rally at three different locations, ensuring accessibility and convenience for all attendees.

For more information visit SilencerCentral.com, or call 888-781-8778 and join Silencer Nation to receive updates regarding upcoming sales, events, new products and industry news.

Posted in Press Release, Suppressors | Comments Off on Silencer Central to Showcase Award-Winning Suppressors at 2024 Sturgis Motorcycle Rally

GeoCue Launches TrueView GO – Expanding Its Portfolio with Advanced Handheld Mapping

Tuesday, July 30th, 2024

Easily and Quickly Capture Reality While You Walk.FOR IMMEDIATE RELEASE: July 29, 2024

Huntsville, AL – GeoCue, a leader in geospatial solutions, proudly announces the addition of the TrueView GO to its innovative product lineup, which includes TrueView drone and mobile mapping systems as well as LP360 3D point cloud software. This latest release marks GeoCue’s entry into the handheld mapping arena, setting a new standard for portable, high-precision geospatial data collection.

The TrueView GO is the ultimate handheld mapping system designed for effortless reality capture and detailed 3D mapping. Its intuitive operation simplifies the process to “Ready, set, GO!”- making professional-grade scanning as easy as walking.

The TrueView GO series, featuring the 16-channel 116S and the 32-channel 132S models, integrates cutting-edge GNSS RTK, survey grade LiDAR scanning, cameras and visual SLAM technologies. These features enable users to effortlessly generate digital twins in real-time as they walk, capturing both indoor and outdoor environments with unprecedented ease and speed.

“Launching the TrueView GO, is logically the next step in growing our product offering,” said Frank Darmayan, CEO of GeoCue. “We now give you every option to collect data and make informed decisions about your projects: from the air, on the road, and now by simply walking with our handheld scanner.”

Key Features of the TrueView GO Include:

GNSS RTK and SLAM Fusion: Ensures superior mapping accuracy with a state-of-the-art GNSS Smart Antenna and high-precision LiDAR.

Real-Time SLAM Capabilities: The TrueView GO scanner produces real-time georeferenced point clouds displayed live on the tablet, allowing for instant adjustments and ensuring thorough coverage.

Operate with Weak or No GNSS: TrueView GO uses LiDAR and Visual SLAM to achieve superior results, even in areas without satellite signals, ideal for indoor and urban surveys.

Remote Measurement: The technology has the capability to scan inaccessible areas by collecting reference points without being on the exact point.

Loop-Free Path Planning With RTK: TrueView GO’s SLAM technology eliminates the need for traditional loop closure and overlap, reducing the time and distance required for project completion by allowing flexible, efficient path planning when you have GNSS coverage.

What sets the TrueView GO apart from other handheld mapping scanners is not just the scanner itself but also the powerful new software accompanying it—LP360 LAND. This custom-tailored geospatial software is specifically designed for processing handheld LiDAR and imagery data.

LP360 LAND enhances data accuracy with robust QA/QC tools, 3D point cloud processing and visualization, and featurescapabilities such as SLAM, denoising, colorization, registrationand classification. Leveraging both desktop and cloud environments, LP360 LAND efficiently handles diverse applications like data classification, tree segmentation, volume calculation, and export to BIM, delivering quick and seamless results.

“Our software is pivotal as it allows users to not only create detailed point clouds from raw data but also to carry out quality control on the LiDAR and image data collected,” said Vivien Heriard-Dubreuil, CEO of GeoCue parent company mdGroup. “Furthermore, the integration of LP360 LAND with TrueView GO enhances our workflow tremendously, offering the ability to effortlessly process, combine and integrate data from varied sources such as drones, mobile units, and terrestrial scans.”

The TrueView GO handheld mapping scanner helps to combine various data sets, enabling the creation of a digital twin of any project. The result is a dense, precise, and highly accurate As-built environment of your entire project.

GeoCue’s TrueView GO is designed for professionals across various industries, including surveying, civil engineering, construction, urban planning and forestry, providing them with the tools they need to collect detailed and accurate data efficiently.

“The TrueView GO represents a significant expansion of our addressable market beyond traditional drone LiDAR systems due to its accessibility, affordability, and ease of use,” explained Vincent Legrand, Vice President of Global Sales.

“This device is versatile enough to be used in a wide array of environments and applications, from indoor settings to expansive outdoor areas. Perfect for fields such as forensic crime scene investigations, historic building preservation, facility digitalization, and Scan to BIM processes. Essentially, if you can walk through your project, you can utilize the TrueViewGO. This adaptability opens up countless possibilities for professionals across various industries, ensuring that advanced mapping technology is now within reach of many more users.”

The TrueView GO is now available for pre-orders, packaged with the powerful LP360 LAND processing software, allowing users to process, combine, and fuse collected data with unparalleled ease.

To learn more about GeoCue, visit www.geocue.com.

Posted in Press Release, Sensors | Comments Off on GeoCue Launches TrueView GO – Expanding Its Portfolio with Advanced Handheld Mapping

Rainier Arms Releases EVO GRIP Forward Grip

Tuesday, July 30th, 2024

Rainier Arms is pleased to announce the availability of the EVO GRIP, a modern foregrip design for rifles, carbines, PCCs, and other long guns.

Yes, it’s a new foregrip option. No, it’s not just another foregrip. But of course, we’d say that so here’s a brief rundown explaining why you should care.

First, here’s what it won’t do:

Mount a bayonet
Push any lumens
Throw any candela
Hold a spare mag
Mount a spare gun
Deploy a spring-loaded bipod

https://www.youtube.com/watch?v=NuF1ly5N7_M

Next, here’s what it will do:

Channel and manage your cables
Take a beating, even if you’re slamming it against barricades
Let you maintain your grip even when your hand is sweaty, muddy, bloody, greasy, or slimy (but not wimpy or sissy)
Adjusts from vertical to canted for preferred hold
Help you more efficiently manipulate the weapon
Gain +1 Bonus Action with advantage around barricades or doing transitions (probably)

Rainier EVO Grip

The EVO was designed with an alliance of ergonomics and durability in mind. To that end, we’ve included a 10° plate (in addition to the flat plate) users can use to install the grip with a forward or backward cant, depending on preference.

It ships with a flat (i.e. no-tilt) plate installed for a true vertical/perpendicular hold. Installation is simple: mount the plate to your rail, then slide the grip onto the dovetail.

Both plates provide reliable cable management for illumination, IR, VIR, devices, etc. (up to 3.5mm or smaller).

Features:

Cable Management

Optional ten-degree (10° ) cant

Knurled surface for reliable grip

Tapered dovetail locking mechanism

Specs:

6061 Aluminum

3.4 oz

2.5 tall x 1.65″ wide x 0.8″ thick

Learn more at Rainier Arms.

Connect with us:

Posted in Press Release, Weapon Accessories | 1 Comment »

Lockheed Martin Sikorsky Advances to Next Phase of Next Generation Rotorcraft Capability Program

Monday, July 29th, 2024

NATO Support and Procurement Agency Selects X2 Rotorcraft for Integrated Platform Concept Study

FARNBOROUGH, United Kingdom, July 26, 2024 — The NATO Support and Procurement Agency (NSPA) has awarded Lockheed Martin Sikorsky a contract award to study integrated platform concepts that could fulfill NATO’s next generation rotorcraft requirements through its Next Generation Rotorcraft Capability (NGRC) program.

“Sikorsky is ready to design a rotorcraft prototype for NATO’s NGRC concept study to support defense and deterrence for an ever-changing global environment. Years of investment and rigorous flight testing with multiple X2 technology demonstrators have proven its ability to change the future airspace,” said Andy Adams, vice president of Sikorsky Future Vertical Lift.

“Our X2 aircraft will bring to bear the strengths of Lockheed Martin along with input from our European Industry Group, such as digital thread, advanced manufacturing, sustainment, training, and weapon and mission system development, to provide NATO with an integrated rotorcraft system that combines speed, range, maneuverability, survivability and operational flexibility.”

Lockheed Martin Sikorsky’s European Industry Group includes Tier-1 aerospace suppliers, such as BAE Systems, ELT Group, ESG Elektroniksystem-und Logistik GmbH, GE Aerospace, Hellenic Aerospace Industry, Kongsberg, Liebherr-Aerospace Lindenberg GmbH, MAGroup,

Malloy Aeronautics, SAFRAN, Rheinmetall and TERMA. This industry group will provide input as to how their world-class military products can support the X2 integrated platform concept approach to advance NATO’s capabilities and provide a next generation rotorcraft solution.

With more than $1 billion invested and 15 years of testing and flying, X2 rotorcraft, Sikorsky’s X2 aircraft are demonstrating mission relevance. The S-97 RAIDER technology demonstrator’s rigorous flight test program continues to provide critical data that correlates to a virtual prototype and enables Sikorsky to experiment with the unique capabilities that an X2 Technology rotorcraft can provide.

NSPA General Manager, Ms Stacy A. Cummings, stated: “The launch of Concept Study #5 is a significant milestone for the NGRC concept stage activities, and demonstrates NSPA’s dedication to meet the challenge of next generation medium lift for Participating Nations. The strategy to launch 3 parallel contracts awarded by competition delivers on our commitment to maximise industry expertise, opportunity and engagement in the programme, and will provide a broad range of potential concepts in the study results for our multinational customers.”

The NGRC program initiative began in 2022 and includes France, Germany, Greece, Italy, the Netherlands, United Kingdom and Canada. The United States and Spain are currently acting as observers. Under the NGRC program, NATO is seeking to develop a medium-class, multi-role rotorcraft aimed to replace medium multi-role helicopters currently in service. NSPA, through its dedicated NGRC Support Partnership, aims to respond to this upcoming requirement, in a timely and cost-effective manner, while concurrently leveraging a broad range of recent advances in technology, production methods, and operational concepts.

Posted in Aviation, Contracts, International, NATO, NSPA, Press Release | Comments Off on Lockheed Martin Sikorsky Advances to Next Phase of Next Generation Rotorcraft Capability Program