LWI - Land Warfare
Nammo assumes majority ownership position in MAC
Nammo has assumed a majority ownership position in MAC, a US company based in Bay St Louis, Mississippi, the company announced on 3 January.
MAC develops and produces lightweight polymer cartridge cases for small and medium calibre ammunition. The company will continue to operate as usual and will be an important part of Nammo’s US growth plan.
Reijo Bragberg, executive vice president of Nammo small and medium caliber ammuniton, said: ‘Through this decision we are now establishing Nammo and MAC LLC as frontrunners in development of lightweight technologies, which are of great importance for our defence customers.’
The move comes a year after Nammo announced its acquisition of a minority position in MAC.
The acquisition has been reviewed and approved by the US government.
More from Land Warfare
-
Canada's soldier suite delivery nears completion
Final delivery of equipment sets under Canada’s Integrated Soldier Systems Suite (ISS-S) programme will be completed by the end of the year as the system ...
-
Dutch DMO extends Rheinmetall ammo partnership
Rheinmetall will continue to supply ammunition to the Dutch procurement authority, the Defence Materiel Organisation (DMO), under a renewed partnership agreement announced on 18 June. ...
-
Australia selects NBC gear
OPEC Systems, an Australian company established in 1992, has signed a contract with Leidos Australia to supply four types of equipment as part of Project ...
-
Paris Air Show: Uvision presents new multi-canister launcher
Uvision has developed the Hero-400EC Multi-Canister Launcher, designed for a range of land and naval applications. The Hero-400EC, originally unveiled in 2017, is a long-range ...
-
Rheinmetall and BAE Systems JV approved
On 13 June, the UK Competition and Markets Authority (CMA) announced its approval of the proposed military vehicle joint venture between Rheinmetall and BAE Systems. ...
-
CV90 bids are safe reassures BAE Systems
BAE systems’ unexpectedly withdrew its CV90 platform from the US OMFV programme in mid-June; however, this will not impede Asia-Pacific and European IFV competitions, the ...