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Archive for the ‘Press Release’ Category

Rheinmetall Books Order for Second Lot of Trucks: Bundeswehr to Buy 252 Unprotected Transport Vehicles Under Framework Contract

Friday, June 14th, 2019

The German Bundeswehr has awarded Rheinmetall an order for 252 unprotected transport vehicles with payloads of five and fifteen tonnes. This order falls under the framework agreement concluded in 2017 for more than 2,200 state-of-the-art military trucks. The order value of the 252 trucks just ordered comes to around €92 million, including value added tax. Before the end of 2019, Rheinmetall MAN Military Vehicles GmbH (RMMV) will build and deliver the vehicles, which include a total of 161 5-tonne trucks and 91 15-tonne trucks. Production of the lot just ordered will commence directly after completion of the first lot of vehicles, which are due to be delivered during the next few months, right on schedule.

Encompassing a total of 2,271 unprotected transport vehicles from RMMV’s HX family, the framework agreement concluded on 5 July 2017 with the Federal Office for Bundeswehr Equipment, Information Technology and In-service Support (BAAINBw) is worth around €900 million (without VAT), including special tools and training services. As a first step, an order was issued for an initial lot of 558 vehicles.

In undertaking this large-scale project, the Du?sseldorf-based Group for mobility and security solutions is making a major contribution to modernizing the Bundeswehr’s fleet of trucks, which numbers in the thousands. Consisting primarily of components made in Germany, e.g. the engines, axles, transmissions and build-ons, the vehicles will be assembled at the RMMV plant in Vienna.

Particularly when it comes to multinational operations, the widespread global presence of RMMV vehicles results in major advantages with respect to interoperability and logistics. Among others, current users include the armed forces of the United Kingdom, Australia, New Zealand and Denmark. Norway and Sweden have also placed substantial orders for trucks made by RMMV.

AeroVironment Acquires VTOL UAS Developer Pulse Aerospace, LLC for $25.7 Million to Strengthen Family of Small Unmanned Aircraft Systems

Thursday, June 13th, 2019

AeroVironment Acquires VTOL UAS Developer Pulse Aerospace, LLC for $25.7 Million to Strengthen Family of Small Unmanned Aircraft Systems

• Pulse’s complementary Vertical Takeoff and Landing (VTOL) product family strengthens AeroVironment’s leading family of fixed-wing small unmanned aircraft systems (UAS)

• Acquisition expands total addressable market by increasing mission capabilities of AeroVironment family of systems

• Pulse Aerospace receives multi-year contract award with a maximum value of more than $13 million from undisclosed defense customer for Vapor VTOL unmanned systems, spares and services

• Acquisition expected to be accretive to AeroVironment earnings by the third full year of operations

 

SIMI VALLEY, Calif., June 11, 2019 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS) for both defense and commercial applications, today announced it has acquired Pulse Aerospace, LLC, a developer and supplier of small VTOL UAS, for $25.7 million in cash, including milestone-based earn-out payments of $5 million.  AeroVironment financed the transaction entirely from available cash on hand.

 

Pulse Aerospace is a leading developer of small VTOL UAS technology in the United States. Pulse’s HeliSynth™ technology brings flight control, payload, and endurance capabilities to market at attractive price points for both defense and commercial end markets.  Pulse recently received a multi-year contract award with a maximum value of more than $13 million from an undisclosed defense customer for its Vapor unmanned VTOL systems, spares and services.

 

AeroVironment expects the transaction to be accretive to its earnings by the third full year of operations. 

 

“The talented Pulse Aerospace team has created a solution set that is unique and will expand our family of unmanned systems by addressing increasing demand from our customers for small VTOL solutions,” said Wahid Nawabi, AeroVironment’s president and chief executive officer. “This transaction brings together two highly complementary companies in terms of products, markets and culture, and will better position AeroVironment to grow our share of the small UAS market.  The team at Pulse Aerospace shares our focus on disruptive innovation and we welcome them to AeroVironment.  Together, we will deliver even more capability to our customers in the United States and more than 45 allied countries around the world.”

 

“We are excited to join together to realize the full benefits of this transaction as we employ key, future-defining technologies such as robotics, sensors, software analytics and connectivity.  Additionally, we look forward to gaining access to the strong technical talent pool in the Lawrence, Kansas area to help achieve our long-term growth objectives,” Nawabi added.

 

“AeroVironment’s global market presence dramatically increases the reach of Pulse’s VTOL UAS technology,” said Aaron Lessig, Pulse Aerospace, LLC’s chief executive officer. “Pulse’s offering expands AeroVironment’s mission capabilities with increased payload capacity, which broadens customer use cases. We look forward to growing AeroVironment’s share of the global unmanned systems market together.”

 

In connection with the transaction, Pulse Aerospace’s Lawrence, Kansas facility will become AeroVironment Innovation Center – Midwest, with a focus on small VTOL unmanned aircraft and mission planning solutions. 

 

US Army Ground Robots to Integrate Persistent Systems Network

Thursday, June 13th, 2019

Wave Relay® MANET to serve as communication network on QinetiQ robot for CRS(I) program of record

For Immediate Release

NEW YORK, New York. – June 12, 2019 – Persistent Systems, LLC (“Persistent”) announced today that it will be supplying its Wave Relay® mobile ad hoc networking technology to the QinetiQ North America (“QNA”) team chosen for the U.S. Army’s Common Robotic System-Individual (CRS(I)) program of record.

CRS(I) is a backpackable robot, less than 25 pounds, that dismount users can carry with sensor suites for viewing and detecting threats, providing greater situational awareness in the field.

In March, QNA won the Indefinite Delivery Indefinite Quantity (IDIQ) contract, valued at up to $164 million. And the company has already begun placing Low Rate Initial Production orders for Persistent’s Wave Relay®-enabling Embedded Module, which will be fitted into each new ground robot.

“We’re excited to, once again, deliver the Wave Relay® MANET to the U.S. Army and help lead the drive towards networking the battlefield,” said Leslie Hulser, Director of Programs for Persistent. “We are also very proud of our partnership with QinetiQ and congratulate them on this award.”

QNA was one of the first members of the Wave Relay® Ecosystem, an industry alliance of unmanned system and sensor companies putting their platforms on a common Wave Relay network—with the ultimate goal of giving the warfighter easy access to every unmanned vehicle, sensor and camera.

The Persistent Systems Embedded Module form-factor is QNA’s MANET radio of choice for CRS(I), providing secure, long-range data communication for the small ground robots.

For information on the Wave Relay® Ecosystem, visit www.persistentsystems.com/ecosystem

TAC SHIELD Addresses the Three Basic Belt Needs

Thursday, June 13th, 2019

JUNE 11, 2019, Pinehurst, NC—The world of tactical belts can be confusing and overwhelming, especially when trying to find a belt that works best for you and your application. 

In our mind, getting the right belt boils down to three basic needs:

1. I need a good belt to hold my pants up. If you just need a belt to hold your pants up then we have you covered. We suggest one of our single layered universal belts.  For Example: The 1.75” Tactical Garrison Belt offers great strength and support.  This belt’s single-layered 7,000-pound mil-spec webbing will not only hold your pants up, but it will also provide a strong platform for lighter-weight gear. 

2. I need a belt for my EDC Pistol and extra magazine. So you’re looking for a belt that is comfortable and can hold your Everyday Carry Pistol.  Whether you carry IWB or OWB, the Tactical Gun Belt is just what you need. Available in both 1.50” and 1.75” widths, the heavy-duty 2,000 lb. Cobra Buckles provide security, accessibility, and comfort. A special poly stiffener system also provides extra support for heavier firearms or additional gear. 

3. I need a survival belt that will carry all my gear. If you’re looking for a belt to keep your pants up, carry lots of equipment, and be used in emergency situations, check out our Riggers Belt Line. All belts feature double-walled, 7,000 lb. mil-spec webbing providing the strength you need while offering a comfortable soft edge design that doesn’t dig into your sides. The forged Steel V-Ring buckles are load tested at 2,500 lbs. giving the user peace of mind during emergency situations. 

Check out these and other rugged, US Made belts on our website.

Proforce Equipment, Inc. Welcomes New National Sales Manager

Wednesday, June 12th, 2019

Scott Collins brings over 22 years of sales and operations management experience to Proforce Equipment, Inc. and its multiple brands, including Tasmanian Tiger®.

Miramar, Fla. (June 2019) – Proforce Equipment, Inc., the exclusive distributor and representative for Tasmanian Tiger® and Snugpak® in the United States, has brought on sales executive, Scott Collins, as their new National Sales Manager.

“Scott comes to Proforce Equipment with an incredible background in sales and operational management,” Richard Lewis, President and CEO of Proforce Equipment, Inc., commented. “Utilizing his relationships within the outdoor and tactical markets, he will be responsible for developing new dealer and distributor partnerships, as well as, working with law enforcement and military units.”

“I welcome the amazing opportunity to take the high-quality Tasmanian Tiger brand, which has performed so well in Europe, Asia, Australia and the Middle East and pioneer the brand here in the US while continuing to grow Snugpak in the US market,” Collins added.

In Collins’ previous position as sales manager,  he was responsible for tactical nylon sales to law enforcement, military, first responders and government contractors. Prior positions also include outside territory sales of security and industrial uniforms and operations manager for the law enforcement, military, first responder, government contractor sector.

Stay in the conversation by following on Facebook, Twitter, and Instagram. All sales inquiries can be directed to tt@tasmaniantigerusa.com

Propper Donates Portion of Memorial Day Week Proceeds to USO of Missouri

Wednesday, June 12th, 2019

Military supporter Propper International donates over $6,400 from Memorial Day sales to the USO of Missouri.

ST. CHARLES, MO. JUNE 11, 2019

For the third year, Missouri-based tactical gear company Propper International teamed up with the USO of Missouri to honor Memorial Day and to further the USO’s mission to “strengthen America’s military service members by keeping them connected to family, home, and country throughout their service to the nation.”

This year’s donation of $6,404.55 included proceeds from Propper.com sales during the week leading up to and including Memorial Day.

“Propper has proudly supported our fighting men and women for over 50 years, starting with our first military contract back in 1967,” said John Negrau, VP, Marketing & eCommerce for Propper. “As a Missouri-based company, we are honored to continue to support our local USO of Missouri and the dedicated service members who use their great facilities.”

Each state’s USO branches operate independently and rely solely upon local support. The USO of Missouri is a non-profit 501(c)(3), is not part of the Department of Defense, and receives no government or military funding. All financial support comes from individual and corporate donors.

“Propper’s support and generosity over the last three years has helped us keep our facility open for service members,” said Christine Trotter, Development Director for USO of Missouri. “Without support such as theirs, we couldn’t continue to serve the over 270,000 military and their families who pass through our doors each year.”

The main USO of Missouri branch at St. Louis International Airport is open 24 hours a day, 365 days a year and is open to all active duty military personnel and their dependents.

Butler Creek ASAP Electronic Magazine Loader Now Shipping

Wednesday, June 12th, 2019

OVERLAND PARK, Kansas – June 6, 2019 – Butler Creek, maker of smart, field-proven, hunting and shooting accessories, is excited to announce the ASAP Electronic Magazine Loader is now available at retailers online and in stores.

The .223/5.56 ASAP EML is the only product of its kind, and it is made with serious competitors and training facilities in mind. Users simply fill the 60 round hopper with loose .223/5.56 rounds, select the desired round count and press a button. The machine automatically orientates the ammunition and loads the magazine. Loading does not get any easier.

“The Butler Creek ASAP Electronic Magazine Loader is on the cutting edge,” said Will Hemeyer, Butler Creek Senior Product Manager. “The EML represents our commitment to exceeding the expectations of accessory products used for magazine loading. For those looking for a fast and easy way to load rounds, the Butler Creek Electronic Magazine Loader is the perfect choice.”

With an easy-to-set round selection menu from 1 to 40, the ASAP Electronic Magazine Loader is faster, more accurate and easier on the thumbs than hand-loading. It can load 30 rounds in 45 seconds, while users concentrate on other tasks or instruction. It works with most AR15/M16 magazines and offers dual power supply via an AC adapter or lithium-ion batteries. It has a MSRP of $442.95.

www.butlercreek.com

Cubic Awarded Contract to Develop Small Form Factor Radio for US Air Force

Tuesday, June 11th, 2019

Cubic Mission Solutions to deliver and demonstrate low-risk solution for Data Link Enterprise small form factor radio capability 

SAN DIEGO – June 10, 2019 – Cubic Corporation (NYSE: CUB) today announced its Cubic Mission Solutions (CMS) business division was awarded a delivery order from the U.S. Air Force (USAF) for the development and demonstration of a Small Form Factor (SFF) Radio prototype for the Data Link Enterprise (DLE). The system is composed of one ground and one air component for improved communications capability, providing ground-to-air and air-to-ground real-time communications.

Cubic’s state-of-the-art solution is a lightweight, airborne and ground radio system delivering SFF capability in the most compact tactical radio prototype. In addition to a number of standard waveforms, Cubic’s system will demonstrate an internally developed, protected waveform known as “Boomslang.”

“We are very pleased to have been competitively selected by the USAF to develop and demonstrate our cutting-edge small form factor radio solution for the DLE,” said Mike Twyman, president, Cubic Mission Solutions. “Our system design is based on proven and mature technologies which we have implemented for a number of successful Department of Defense programs. We look forward to leveraging our expertise to provide the lowest risk and most capable solution for the DLE.”

Cubic’s SFF technical approach focuses on an architecture maximizing functionality and performance while minimizing the system’s size, weight, power and cost (SWaP-C) for both the ground and airborne systems. Cubic’s offering is modular, scalable and affordable with plug and play, open standard interfaces meeting Modular Open Systems Approach (MOSA) requirements.

“With decades of experience in developing systems for airborne and ground platforms, we are able to deliver a cost-effective solution, leveraging enhanced off-the-shelf technologies to build a prototype that will be ready for fielding in future follow on efforts,” said James Parys, program director, Cubic Mission Solutions.