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Archive for the ‘Press Release’ Category

Metisentry Acquires Militaryhire.com

Thursday, October 3rd, 2019

Akron, OH – (Oct. 3, 2019) Metisentry, LLC, based in Akron, OH, announced the acquisition of Militaryhire.com.

MilitaryHire began connecting veterans and employers in 2000. Employers quickly came to appreciate the character, skills, and service of the veterans they hired from MilitaryHire. Since then, MilitaryHire has helped over 500,000 veterans and employers fill critical positions within their organizations.

The acquisition comes only weeks after announcing a $10 million-dollar contract renewal from the U.S. Army for one of Metisentry’s other portfolio companies, Willco Technologies.

According to Metisentry President, Marling Engle, “As we push further into the investment side of the business, seizing opportunities within the military and government makes sense. We have a good deal of expertise in the DOD space with cyber security and credentialing, and similar experience within enterprise organizations. MilitaryHire will allow us to expand within that industry, while adding additional value for veterans and businesses.”

The acquisition was finalized on Aug 30, 2019. Metisentry will be acquiring the business assets and some staff.

Raytheon Rheinmetall Land Systems Selects US Manufacturer for Army Combat Vehicle Competition

Thursday, October 3rd, 2019

Textron Systems Joins Lynx Team
TUCSON, Ariz., Sept. 30, 2019 — Raytheon Rheinmetall Land Systems, a joint venture of Raytheon Company (NYSE: RTN) and Rheinmetall Defence, has selected Textron Systems as the U.S. chassis manufacturer for the Lynx Infantry Fighting Vehicle. The team of industry leaders is offering Lynx to meet the U.S. Army’s requirement for an Optionally Manned Fighting Vehicle (OMFV).

“Building Lynx in America will support U.S. manufacturing jobs and revitalize the nation’s defense industrial base,” said Sam Deneke, Raytheon Land Warfare Systems vice president. “Textron Systems is an experienced manufacturer central to our strategy of leveraging a reliable U.S. supply chain to deliver the world’s most advanced combat vehicle to the U.S. Army.”

Textron Systems brings unique capabilities in hull fabrication, rolling chassis assembly, integration and testing to the OMFV program. The company will support final integration during the development and prototyping phase of the program. In parallel, Textron Systems will prepare to build the Lynx chassis during future production phases. Textron Systems intends to perform the work at its Slidell, Louisiana, manufacturing facility.

“When we say Lynx will be built in America, we mean it,” said Ben Hudson, global head of Rheinmetall’s Vehicle Systems Division. “Together with Textron Systems, we will provide the Army with a next-generation combat vehicle that will protect troops and give them a significant advantage in battle.”  

The U.S. Army’s OMFV, scheduled for fielding in 2026, is expected to replace the legacy Bradley Fighting Vehicle.

“Textron Systems brings a decades-long heritage of supporting the U.S. Department of Defense and its allies with highly reliable and capable combat vehicles to enhance mission outcomes,” said Lisa Atherton, president and CEO of Textron Systems. “We are proud to be a part of the Lynx team and stand ready to support our teammates and our customer.”

Lynx is a true next-generation, tracked armored fighting vehicle designed to address the critical challenges of the future battlefield. Lynx provides an overmatch advantage for soldiers, growth capacity to support new technologies over the vehicle’s lifetime, and lower life-cycle costs.

Raytheon technology offered for inclusion on Lynx for the U.S. Army includes the company’s advanced weapons, Active Protection System, next-generation thermal sights, the Coyote® unmanned aircraft system, as well as cyber protection.

Lockheed Martin Procerus Technologies Joins Persistent Systems Wave Relay Ecosystem

Thursday, October 3rd, 2019

Special Operations teams benefit from Indago 3 unmanned quadcopter on Wave Relay® MANET

NEW YORK, N.Y. – October 01, 2019 – Persistent Systems, LLC (“Persistent”) announced today that Lockheed Martin (NYSE: LMT) Procerus Technologies (LMPT) joined the Wave Relay® Ecosystem, an industry alliance of unmanned platform and sensor manufacturers using Persistent’s Wave Relay® mobile ad hoc network (MANET).

LMPT will now offer special operators a version of the Indago 3 unmanned aerial system (UAS) that runs on Persistent’s Wave Relay® MANET, including the MPU5 radio.

“This is a big win for users in the Special Operations community,” said Shane Flint, Vice President of Business Development for Persistent. “The users understand that, to truly network the battlefield, you need a robust, scalable solution that allows for unmanned systems and sensors to operate on a common network, empowering the whole team, and reducing weight on the operator. LMPT’s integration of Wave RelayÒ makes this possible.”

In a MANET, each radio — whether on the ground or in the air—acts as both a receiver and a relay station. So, in true peer-to-peer fashion, users can share voice, video, text, sensor and location data without having to depend upon fixed communications infrastructure or a vulnerable central hub.

“The Indago 3 not only provides full motion video to the SOF team, but also extends the MANET through its advantaged airborne position over the team,” Flint added.

Persistent’s MPU5 radio connects to the Indago 3 controller, while the lightweight Embedded Module is integrated inside the UAS. The system is available with either an S-Band or L-Band RF module depending on the needs of the user.

The quiet, all-weather Indago 3 UAS weighs less than five pounds and can be folded for compact transport and unfolded for rapid deployment, getting airborne in just two and a half minutes. It can also stay in the air for up to 40 minutes while carrying a 250-gram payload.

The equally tough Wireless Hand Controller comes loaded with a Virtual Cockpit™ user-friendly mapping interface and powerful mission-planning tools.

The Wave Relay® enabled Indago 3 is available now. For more information visit: www.persistentsystems.com/ecosystem-overview

Direct Action Is Proud To Announce The New Vanguard Combat Trousers

Thursday, October 3rd, 2019

DA-Vanguard-TR-VGCP-NRC_a01

Vanguard Combat Trousers are designed and tested by true professionals and with full confidence, we can say that they are suited for the modern battlefield. One of the factors that were most important during the design process was the comfort of the end-user. VANGUARD freedom of movement as possible without compromising the durability.

DA-Vanguard-tr-vgct-ncr-front

One of the biggest advantages of those pants is the fact that they weight only 602 grams in medium size with Cordura® 500D knees-high reinforcements. There are currently available in Adaptive Green, Black, Crye Multicam® and PenCott® WildWood colors.

FEATURES:
• Made of NYCO fabric
• 4way elastic gussets to enhance freedom of movements
• Cordura® 500D reinforcements on knees that work as additional pockets for knee pad inserts
• Classic hip pockets with reinforced edges
• Zippered front pockets with internal organizer
• Hook&loop closed pockets on thighs; can be used as improvised dump pouch
• Hook&loop closed pockets on lower legs
• Adjustment on knee area
• Adjustment on leg cuffs
• Hook&loop closed front
• Zippered fly
• Weight: 602g / 1.33lbs – size M

Order yours at bit.ly/2nD01zZ

Versatile. Lethal. Sustainable. Bell Announces 360 Invictus For US Army Future Attack Reconnaissance Aircraft Competition

Wednesday, October 2nd, 2019

Next-generation rotorcraft is designed to provide attack, reconnaissance, and intelligence to shape the tactical environment and deliver operational overmatch in highly complex multi-domain operations

Fort Worth, Texas (October 2, 2019) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, has announced a new rotorcraft, Bell 360 Invictus, as the company’s entrant for the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) Competitive Prototype program. Bell’s innovative approach to designing the Bell 360 Invictus combines proven low-risk technologies with advanced processes to deliver soldiers an affordable, agile and lethal solution to win on the modern battlefield. The Bell 360 Invictus meets or exceeds all requirements as laid out under the FARA contract.

“The Bell 360 will deliver advanced battlefield situational awareness, as well as lethal options, in support of the maneuver force at an affordable cost” said Vince Tobin, executive vice president of Military Business at Bell. “The multi-domain fight will be complex, and our team is delivering a highly capable, low-risk solution to confidently meet operational requirements with a sustainable fleet.”

The Bell 360 Invictus’ design emphasizes exceptional performance using proven technologies to fulfill the Army’s FARA requirements at an affordable cost and on schedule. One example is the Invictus’ rotor system. This design is based on Bell’s 525 Relentless rotor system which has been tested and proven at speeds in excess of 200 Knots True Air Speed (KTAS). By incorporating proven designs and the best available technologies from commercial and military programs, Bell delivers a low-risk path to a FARA program of record. 

This advanced aircraft will have a transformative impact through next-generation flight performance, increased safety and greater operational readiness—all to deliver decisive capabilities.

Some of the key 360 Invictus features include:

·         Lift-sharing wing to reduce rotor lift demand in forward flight, enabling high-speed maneuverability

·         Supplemental Power Unit increases performance during high power demands

·         Robust articulated main rotor with high flapping capability enabling high speed flight

·         Fly-by-wire flight control system—synthesizes technologies, reduces pilot workload and provides a path to autonomous flight

·         Speed: >185 KTAS

·         Combat radius: 135nm with >90 minutes of time on station

·         Achieves 4k/95F Hover Out of Ground Effect (HOGE)

·         Armed with a 20 mm cannon, integrated munitions launcher with ability to integrate air-launched effects, and future weapons, as well as current inventory of munitions

·         Provisioned for enhanced situational awareness and sensor technologies

·         Modular Open Systems Approach (MOSA) enabled by a Digital Backbone from Collins Aerospace

·         Robust design integrating lifecycle supportability processes early to ensure high OPTEMPO availability in multi-domain operations

·         Design-as-built manufacturing model and digital thread enabled tools to enhance affordability, reliability, and training throughout the lifecycle of the aircraft

“Bell is committed to providing the U.S. Army with the most affordable, most sustainable, least complex, and lowest risk solution among the potential FARA configurations, while meeting all requirements,” said Keith Flail, vice president of Advanced Vertical Lift Systems at Bell. “360 Invictus is an exciting opportunity for us to continue our support of Army modernization. This is the next solution to ensure soldiers have the best equipment available for the multi-domain fight.”

Bell has decades of experience providing attack and reconnaissance aircraft to the warfighter, such as the Kiowa Warrior which delivered high reliability and availability through more than 850,000 flight hours. The Bell 360 Invictus design builds from that legacy, Bell’s commercial innovations, and from the success in the development and manufacturing capabilities required for Future Vertical Lift (FVL) as part of the Joint Multi-Role Technology Demonstration (JMR TD) over the past six years.

To learn more about Bell 360 Invictus and FVL, please visit our booth at the AUSA Annual meeting (#2124) or www.bellflight.com.

Century Arms Announces New Canik Sub Compact Pistol

Wednesday, October 2nd, 2019

DELRAY BEACH, Florida – (October 2, 2019) – Century Arms is proud to introduce the newest addition to the already impressive Canik line of handguns.  The TP9 Elite Sub Compact (SC) is a concealable, lightweight, reliable, double stacked, striker-fired polymer pistol. This pistol comes chambered in 9mm and features a 12 round standard capacity, while still being easily concealed at an impressive 1.45” width and 6.70” overall length.  This pistol capitalizes on all of the amazing features the Canik brand has become known for while adapting to the needs of the discreet firearms owner.

“The demand for a reliable, double stacked, concealable handgun, at a price point the blue-collar American could afford without sacrificing quality or comfort was a challenge the Canik team accepted head-on!  We are proud to say that the TP9 Elite SC is exactly that, a superior handgun,” said Adam Ruonala, Century Arms National Director of Marketing.  “This firearm was designed with the sole intent of being an everyday carry for everyone from the Law Enforcement officer as a back up, to the private citizen who wants the peace of mind in knowing the capacity and functionality of the pistol is top of the line.”

The 3.60” barrel is the optimal length designated by Canik’s trusted engineers to ensure top tier accuracy out of the 4.60” tall TP9 Elite SC.  The weight comes in at a minuscule 24.78 ounces which results in an effortless carry.  The nickel-coated internals results in the smooth functionality that the Canik line has become internationally known for.

The features of the TP9 Elite SC far exceed the basic subcompact details.  The firearm comes standard with a tungsten slide and black frame, micro dot optics ready slide mount allowing co-witness with iron sights, a loaded chamber indicator, ambidextrous slide release, reversible magazine release, white dot phosphorous front sight and black out rear sight for easy low light target acquisition.

The TP9 Elite SC offerings do not stop at the above-mentioned facts. Every pistol also comes standard with a new subcompact holster that has the ability to mount either for an inside or outside the waistband carry. Each pistol comes with a 12 and 15 round magazine. The new Canik designed 15 round magazine features a grip extension module that allows the shooter to operate this firearm as a compact, giving the operator a multi-purpose pistol tunable to an ever-changing day to day landscape. The TP9 Elite SC has an MSRP of $429 and is available now.

Canik has already begun the process of creating a large number of accessories and add-ons that will soon be available to the US market. These additions will be available directly from Canik and will feature the same quality and dependability as the pistols themselves.

www.centuryarms.com

HIPERFIRE Releases HIPERTECH White Papers

Tuesday, October 1st, 2019

October 1, 2019: HIPERFIRE Releases HIPERTECH White Papers. 
HIPERFIRE has become known for its trigger products over the past six years finding its most adoptive fan base among competitive 3-gunners. Among all shooters of the AR15 platform, they most appreciate the influence that the intimate connection between the shooter and his trigger plays in the performance of their sport: speed, reliability, and shot-placement accuracy. HIPERFIRE seeks to expose that experience to the broader shooting population. You see, HIPERFIRE triggers are not just for competition, but any application whether by the hunter, home defender, prepper, LEO, or MIL operator. To that end, HIPERFIRE introduces its first pair of technical white papers on the subject of “what makes a good trigger” called HIPERTECH™, short for HIgh PERformance TECHnology. The Bulletin series discusses every imaginable trigger feature that any shooter should consider. Who seeks to improve his skill by utilizing the best that American ingenuity can supply. Bulletins will be released every third consecutive Tuesday beginning today, October 1, 2019. Visit www.hiperfire.com to access the Bulletins and video summaries as they become available.

Asgard Partners & Co Acquires Revision Eyewear Business

Tuesday, October 1st, 2019

NEW YORK (October 1, 2019) – ASGARD Partners & Co. (“ASGARD”), a private equity firm based in New York, and Merit Capital Partners (“Merit”), a private equity firm based in Chicago, have partnered to acquire the eyewear business of Revision Military Limited (“Revision” or the “Company”), the world leader in protective eyewear solutions for military and tactical use. The transaction includes the sale of the protective eyewear product line, the world-renowned Revision name and branding, the Essex, Vermont 53,000 square foot manufacturing operation, and team of 130 employees. Under the guidance of ASGARD, the newly separated Revision eyewear business will continue day-to-day operations with its key management and existing manufacturing team.

Revision was founded as an eyewear company in 2001, and quickly became one of the primary suppliers of protective eyewear to military forces around the globe, including the U.S. Army, British Army, German and Swiss Armed Forces. Over the past decade, the Company has invested in advanced technology and equipment in the areas of materials, coatings and dyes to improve performance and become the leader in ballistic laser protective solutions ASGARD and Merit’s investment in Revision provides the Company with valuable strategic guidance and meaningful growth capital, reinforcing and expanding its capabilities to pursue new growth opportunities and support the needs of existing customers.

“Revision has long been an industry leader in protective eyewear solutions, saving the lives and eyesight of millions of servicemen and women around the globe. We are excited to work with the passionate and talented Revision team to pursue growth in new markets and develop the next-generation of eyewear technology. With a renewed focus on protective eyewear and dedicated capital resources, we believe Revision is well-positioned for growth in the years to come,” said Karan Rai, Founder and Managing Partner of ASGARD.  

Ben Yarbrough, a Managing Director at Merit, said, “Revision represents a great opportunity for growth and expansion in this market.  We are proud to partner with the ASGARD team, who knows the military personal protective equipment market exceptionally well and brings a focused strategic and operational vision to the Company.”