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Archive for the ‘Press Release’ Category

The EX Performance Adjustable Stock from Adaptive Tactical is the Ideal Upgrade for a Variety of AR Rifles, Shotguns, and Rimfire Platforms

Tuesday, May 4th, 2021

The advanced design and high-impact, polymer construction of the EX Performance Adjustable Stock, complete with an extra thick hexagonal non-slip vented rubber recoil pad, aids in a reduction of felt recoil and shooting fatigue, proving its performance for the long haul.

Nampa, Idaho (May 2021) – Adaptive Tactical, LLC, manufacturers of innovative firearm stocks and accessories, is proud to announce its highly successful EX Performance Adjustable M4-Style Stock for AR15/AR10 Carbines has received some updates for 2021 to meet growing customer demand. With its advanced design and high-impact, polymer construction, the EX Performance Adjustable Stock is the ideal upgrade. The stock is engineered for compatibility with MILSPEC buffer tubes, so it works on a variety of AR rifles, shotguns, and rimfire platforms. The oversized pin, durable construction, and extremely comfortable recoil pad make it an ideal option for customers building larger caliber rifles such as .308, .458 SOCOM, and even .50 cal. Designed for owner installation, the quality of its sleek industrial design and construction is evident in the details of this great product.

“Our EX Performance Adjustable Stock is a highly successful stock, in fact, our number one selling item, but we wore out the mold with the increased demand in 2020. With the number of units we produced, we were forced to cease production and rebuild the mold,” commented Gary Cauble, vice president of sales and marketing at Adaptive Tactical. “During the revamp of the mold, we decided to streamline the appearance of the stock to better match a wider variety of modern rifle receivers and consumer preferences. By doing so, we have not only been able to update the look of the product, but we have improved the mold to increase our production capacity to meet growing customer demand.”

The EX Performance Adjustable Stock was engineered with a component level focus on long-term durability and performance. The finished product is a collection of USA manufactured parts that merge to create an incredible stock. This M4-style stock features an easy-to-reach rapid adjust lever for a custom, adjustable length-of-pull. It incorporates an oversized steel extra strength adjustment pin to handle the power and energy generated by the heaviest calibers. An extra thick hexagonal non-slip vented rubber recoil pad absorbs the relentless and pounding recoil of the nastiest rifle rounds, reducing felt recoil and shooting fatigue. A pair of adjustable lever pin covers eliminate the discomfort often associated with removing adjustable rear stocks, while the integrated non-rust sling swivel stud and QD sling swivel insert make for quick and versatile sling mounting options. Glass filled nylon construction guarantees years of reliability for all seasons and conditions.

Available in Black, Flat Dark Earth (FDE), and Orange Less Lethal, the EX Performance Adjustable Stock weighs in at 12 oz. with recoil pad (8 oz. without pad) and has an MSRP of $49.99.

Adaptive Tactical’s Ex Performance Adjustable Stock creates the perfect set with the new Adaptive Tactical Lightweight Tactical Grip (LTG) for AR15/AR9 rifles and AR pistols (available in April 2021). This bundle combines the LTG and the EX Performance AR Adjustable Stock in a cost-saving, made-for-each-other set.

The LTG’s one-piece frame design reduces overall material and significantly reduces weight compared to other grip designs. Non-conductive polymer material will not retain heat nor cold and maintain a comfortable surface temperature while providing an improved grip in all weather conditions. The LTG is easily installed and includes mounting hardware. Proudly made in the U.S.A., the LTG is available in Black (AT-01900) or FDE (AT-01900-E). Bundle MSRP $55.98.

For more information on Adaptive Tactical, visit www.adaptivetactical.com or “like” us on Facebook and “follow” us on Instagram. Competitive OEM pricing is available and new dealers and distributors are welcome – please call 208-442-8000 for pricing and information.

Textron Systems Unveils Its Cottonmouth Purpose-Built Advanced Reconnaissance Vehicle

Tuesday, May 4th, 2021

HUNT VALLEY, MD. – Textron Systems Corporation, a Textron Inc. (NYSE: TXT) company, today announced the unveiling of Cottonmouth, a vehicle purpose-built for the U.S. Marine Corps’ Advanced Reconnaissance Vehicle (ARV) program. Cottonmouth is a next-generation Naval Sensor Node as an amphibious scout vehicle that offers cutting-edge sensor technology.

Leveraging Textron Systems’ history and range of specialty military vehicle experience, Cottonmouth delivers advanced maneuverability and a synergized sensor system to enhance reconnaissance operations.

Cottonmouth has a 6×6 compact build that allows four vehicles to fit on a single Ship to Shore Connector, or SSC, enhancing the Marine Corps’ ability to support Expeditionary Advanced Base Operations. Textron Systems’ vehicle is equipped with multi-spectrum sensors, providing seamless communication between the Navy and Marine Corps to employ unmanned systems and joint-warfighting weapons systems. This provides the next-generation decision dominance needed to defeat threats beyond line of sight. Among the integrated sensors is teammate Elbit Systems of America’s IronVision™, which uses “see-through” technology to provide the vehicle with advanced visibility and 360 deg situational awareness.

“We listened to the customer and have invested in developing and producing Cottonmouth as a purpose-built vehicle to give the U.S. Marine Corps the amphibious mobility they need for quarterbacking the future fight,” said Senior Vice President David Phil lips of Textron Systems.

“Along with Textron Systems’ extensive experience designing, producing, fielding and supporting high-performance armored vehicles, our Cottonmouth offers the Marine Corps a low-risk, mission-oriented solution. It is representative of a revolutionary, not evolutionary, system” Textron Systems’ Cottonmouth began USMC requirements validation testing at the National Automotive Test Center in February 2021. This testing continues in Q2 with a validation of the amphibious capabilities.

www.textronsystems.com/capabilities/innovations/cottonmouth

Smith & Wesson Brands, Inc. Announces Intent to Divest Thompson/Center Arms Brand

Tuesday, May 4th, 2021

SPRINGFIELD, Mass., May 3, 2021 — Smith & Wesson Brands, Inc. (NASDAQ Global Select Market: SWBI), a leader in firearm manufacturing and design, today announced that it plans to divest its Thompson/Center Arms brand. This decision is part of the Company’s broader strategic plan that will focus on its core Smith & Wesson brands.

Mark P. Smith, President and CEO of Smith & Wesson Brands, Inc., said, “Thompson/Center is a beloved hunting brand with a longstanding heritage, and we are committed to ensuring a smooth transition. Thompson/Center Arms’ loyal consumers should rest assured that they will continue to receive the world-class firearms, accessories, and customer service support that the brand has been known for since its founding in 1965.  We remain fully committed to the hunting and long-range shooting market, and with this divestiture we will be able to now focus on these categories under our iconic Smith & Wesson brand.  Additionally, this will allow us to immediately redirect manufacturing capacity to increase overall production volumes, allowing us to gain additional market share while simultaneously increasing profitability.”

At this time, a buyer for the Thompson/Center Arms brand has not been identified; however, the divestiture is not expected to have a material financial impact on the Company’s first quarter fiscal year 2022 results and the Company expects the divestiture to be accretive to the Company’s full year fiscal 2022 through higher overall production levels, increased margins, and lower marketing costs. The Company states that this decision will not result in a workforce reduction as its flexible manufacturing model allows it to repurpose capacity immediately to other areas without a headcount reduction.

Interested parties should contact the Company via email at investorrelations@smith-wesson.com or by calling 413-747-3448.

XS Sights Announces Staff Promotions

Monday, May 3rd, 2021

Fort Worth, TX (April 27, 2021) – XS® Sights is pleased to announce the promotions of Zack Kinsley to Vice President of Business Development and Addison Monroe to Marketing Manager.

 

As Vice President of Business Development, Kinsley is responsible for creating and implementing plans to increase existing business and for developing new business opportunities to grow market share and brand awareness. He will track new markets and emerging trends, spearhead strategy on new products and services, and work closely with leadership on strategic sales and marketing initiatives as the company continues to innovate and grow.

As Marketing Manager, Monroe now oversees all marketing initiatives for the company. This includes advertising, sponsorships, the ambassador program, web content creation, graphic design, and photography, among other responsibilities.

“I could not be prouder than to announce the promotions of Zack to Vice President of Business Development and Addison to Marketing Manager,” said Kellie Brunn, Co-Owner of XS Sights.  “Zack’s proven solutions-based approach is an integral part of our innovation, profitability, and growth initiatives. He works closely with all of Team XS to grow our brand, and this role will allow him to focus on the long-term strategic direction of XS.”

Brunn continued, “Addison is a pleasure to work with and has demonstrated her talents as she has taken on more responsibilities in marketing this past year.  She is an excellent representative of our company and will hit the ground running in her new position.”

For more information, visit www.xssights.com.

Mike Roth (USN Ret.) Joins the Unity Tactical Team

Monday, May 3rd, 2021

Unity Tactical is pleased to announce that Mike Roth has joined our team and will serve as Unity’s Strategic Business Development point man.

Mike is a retired Naval Aviation/Naval Special Warfare veteran who has served within the defense industry for nearly 15 years.  Mike formerly served as Director of Military and Aviation Operations at Wilcox Industries Corp from 2006-2020.

“Mike’s years of operational experience, leadership and diverse knowledge of industry are well established, says Trent Zimmer, CEO of Unity Tactical.  He will provide strategic direction, business development, and product innovation experience to our team which will be an important role in growth domestically and internationally for Unity Tactical.”

www.unitytactical.com

Zodiac Milpro Strengthens Its Engineering Capacities with Vectis Marine Design

Monday, May 3rd, 2021

Zodiac Milpro and Vectis Marine Design are very pleased to announce the recent acquisition of Vectis Marine Design by Zodiac Milpro on this day 30th April 2021.

Zodiac Milpro is a world leader in the manufacture of inflatable boats and RIBS for the military and professional market. Present in France, Spain, Canada, USA, Australia, UK, Italy and Singapore, Zodiac Milpro has a team of 400 employees worldwide and delivers a turnover of 60m Euros. Vectis Marine Design is a naval architecture consultancy based near Southampton, England with whom Zodiac Milpro has worked successfully for many years.

Created in 2008 by Andrew Humphries and John Fox Robinson, two highly skilled naval architects, Vectis Marine Design specialises in the engineering and design of high-performance and specialist vessels. The company has a strong reputation in the design of fast patrol boats, RIBs, Special Forces craft, rescue craft and other vessels to meet demanding operational requirements.

It is to Vectis Marine Design that Zodiac Milpro owes the development of the ECUME the well-known highly capable military RIBS for the French Navy, and the aluminum SRA series for the professional market, which sets a new benchmark in its field. Zodiac Milpro is currently entrusting Vectis Marine Design with the extension of this SRA range and other development of new innovative products.

As well as new vessel design, Vectis Marine Design provides technical support to a wide range of vessels and this will continue and develop with Zodiac Milpro’s backing. With this acquisition, Zodiac Milpro strengthens its autonomy in design and innovation, its capacity for engineering, and ability to deliver complex tenders and projects more effectively. This acquisition is part of the Group’s development strategy to support its growth and meet an ever-increasing demand from customers for more capable and efficient craft.

Guillaume Laurin, President of Zodiac Milpro commented,

“We are particularly pleased with this agreement. Vectis Marine Design and Zodiac Milpro have been working together for a long time. Thanks to Vectis Marine Design’s know how, experience and professionalism, Zodiac Milpro will be able to handle more complex programs and further increase its innovation dynamic. Our respective teams know each other well and appreciate working together. This acquisition is completely in line with our strategy to strengthen our internal capabilities. It is a natural rapprochement which will give both our companies great opportunities of further development and continue to offer our clients the best military and professional craft on the market.”

Andrew Humphries, Managing Director of Vectis Marine Design added,

“We have worked closely with Zodiac Milpro since 2009 and are delighted that Vectis is now becoming part of the Zodiac Milpro group.   We have always enjoyed working with Zodiac Milpro and appreciated their professional and collaborative approach.  We see this next exciting step as a great endorsement of the work that the whole Vectis team has put into the business since Vectis was established in 2008.  We very much look forward to the closer partnership with Zodiac Milpro while at the same time continuing to support our other clients with innovative design, engineering and technical support”.

www.zodiacmilpro.com
www.vectismarine.com

AMMO, Inc. Announces Closing of Acquisition of GunBroker.com

Monday, May 3rd, 2021

SCOTTSDALE, Ariz., May 03, 2021 — AMMO, Inc. (Nasdaq: POWW ) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to announce today the successful closing of the previously announced acquisition of the GunBroker.com business (GunBroker.com), the world’s largest on-line auction marketplace dedicated to firearms, hunting, shooting and related products. The Transaction involved an approximate $240 million merger of reorganized entities resulting in GunBroker.com and certain affiliates becoming a wholly owned subsidiary of AMMO (the “Transaction”).

“We couldn’t be more excited about bringing the GunBroker.com team into the AMMO family. Everyone worked hard to make this happen – and we will now set about to further expand the GunBroker.com brand as we leverage the amazing IT platform Steve Urvan and his team developed to bring AMMO products and a host of other products and merchandise to the vibrant GunBroker.com marketplace,” said Fred Wagenhals, AMMO’s Chairman and CEO. Fred further noted that “the AMMO management team viewed the Transaction as accretive to our shareholders when we announced the letter of intent. With the Transaction successfully closed, our team has reached another vertical integration milestone for the Company, representing an opportunity to diversify our revenue base with high profit-margin business offered through a premier brand deploying best-in-class secure transactional technology.”

Steve Urvan commented: “I am excited we have closed the Transaction so I can take my seat on the Board of this dynamic and growing company. I am confident our newly expanded AMMO team will bring innovative products and solutions for our expanding and loyal customer base. The GunBroker.com marketplace is going to enjoy the new shopping opportunities that serve the firearms, ammunition and accessory outdoor and shooting sports markets as we roll them onto the platform.”

The Company anticipates issuing post-Transaction updated guidance on Tuesday, May 11, 2021.

Lucosky Brookman LLP acted as legal counsel and Riveron Consulting LLC acted as financial and technology advisors to the Company. Arnall Golden Gregory LLP served as legal counsel and Maxim Group LLC served as the financial advisor to IA Tech LLC for the GunBrokers.com business.

Veterans History Project Spotlights Military Mothers with May Panel Discussion

Sunday, May 2nd, 2021

Mothers have volunteered to serve in the military since the Revolutionary War, where they held traditional roles as nurses, seamstresses or cooks and, since 2015, in designated frontline combat roles. On Thursday, May 6 at 12 p.m. EST, the Library of Congress Veterans History Project (VHP) invites the public to a virtual panel titled “Motherhood and the Military” through the VHP Facebook page. The panelists and moderator will be available to answer questions and address remarks in the comments section.   

Women were 16.5% of all active-duty personnel in 2018 and make up 10% of all military veterans, a percentage that is likely to increase rapidly in the next decade, according to Pentagon data. Women veterans hold many roles, including that of mothers, but their contributions have often gone unrecognized, according to experts.

Ahead of Mother’s Day, the panel will explore the intersection of the role of mothers and their connection to the military through the personal experiences of four women veterans.

“These strong women, just like those who came before them, remind us that while motherhood itself can be a full-time job, some mothers choose to continue serving in the Armed Forces. They juggle the trials of parenting with the responsibility of maintaining operations, coping with deployment and the uncertainty that can come with it all,” said Elizabeth Estabrooks, acting executive director of the U.S. Department of Veterans Affairs Center for Women Veterans, and the panel’s moderator.

The discussion will include special introductions by Senators Tammy Duckworth, D-Ill, and Joni Ernst, R-Iowa, both of whom are military veterans and mothers and serve on the Senate Armed Services Committee. Duckworth, an Iraq war veteran, is the first female double amputee to serve in the Senate, while Ernst was the first female combat veteran to serve in that chamber.

“The dual roles of mother and soldier are not uncommon, but too often the story of service, sacrifice and the impact on individual families goes untold,” said Duckworth, who made history in 2018 when she took her newborn baby to a Senate floor vote, just weeks after giving birth.

For her part, Ernst, a former company commander in Kuwait and Iraq, said it wasn’t easy for her to leave her little girl for deployments “halfway across the world.”

“That experience left me with a deep appreciation for the sacrifice our military families make, particularly our moms in uniform,” said Ernst, the first woman to represent Iowa in Congress.

The panel will feature mothers from different military branches who have served our nation through various generations and armed conflicts. They will discuss the trials of parenting and fulfilling operational obligations, coping with the heartache of deployments and separations, and the uncertainty that comes with military service.

Panelists for the program include:

• Chief Warrant Officer 5 Candy Martin (U.S. Army, retired) — Martin served 38 years with the U.S. Army Reserves, including a deployment to Iraq in 2005. Her son, Lt. Tom Martin, was killed in action two years later. She remains very active in the veteran community and with American Gold Star Mothers, Inc.

• Command Sgt. Major Rue Mayweather (U.S. Army, retired) — Mayweather served 30 years in the U.S. Army. She and her son, Capt. Kenieth Mayweather, both deployed to Iraq in 2014 in support of Operation New Dawn.

• Dr. Rupa Dainer (U.S. Navy veteran) — Dainer remembers having “50,000 emotions” when she learned of her deployment to Afghanistan in the parking lot of her daughters’ daycare in 2010. The Navy doctor going off to war helped her daughters, only 4 and 2 years old at the time, get through deployment with videos she made before she left, photos, and a calendar to track the days.

• Mary Dever (U.S. Air Force veteran) — Dever served as an embedded Air Force broadcast journalist in Iraq and Afghanistan. She later became an instructor for the final three of her 10 years of service. When she became pregnant, she fought for her extended maternity leave and relied on an online support group for moms in uniform. Not wanting to leave her son for a new deployment, Dever left the military and started to work with Disabled American Veterans.

Congress created the Veterans History Project in 2000 to collect, preserve and make accessible the firsthand remembrances of United States war veterans from World War I through the more recent conflicts in Iraq and Afghanistan, so that future generations may hear directly from veterans and better understand the realities of military service. For more information, visit www.loc.gov/vets/ or call the toll-free message line at (888) 371-5848. Subscribe to the VHP RSS to receive periodic updates of VHP news. Follow VHP on Facebook @vetshistoryproject.

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