Leonardo launches new turrets for land and naval platforms
At SeaFuture 2023 in La Spezia, Italy, Leonardo launched two new turrets for land and naval applications.
Nioa seizes the initiative with Barrett buyout
Australian Army snipers will soon be equipped with M107A1 long-range rifles from Barrett. (Photo: Barrett Firearms)
Nioa establishes itself as a firearms manufacturer in the US with a takeover of Barrett.
Australian privately owned defence firm Nioa announced on 17 January that it had acquired the American specialist company Barrett Firearms.
This takeover gives Nioa a 100% stake in Barrett, a company renowned for its long-range, large-calibre rifles used by more than 75 nations worldwide.
No financial details relating to the deal have been released.
Barrett Firearms will continue to operate under its own name, and Nioa declared, ‘All management and staff at the Murfreesboro manufacturing facility in Tennessee have been retained and production will continue as normal.’
It also expressed an expectation that manufacturing in Murfreesboro will further expand.
Barrett
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 1 free story per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
You may also like
More from Land Warfare
-
![Leonardo launches new turrets for land and naval platforms]()
-
![Finland signs deal for up to 161 CAVS armoured vehicles]()
Finland signs deal for up to 161 CAVS armoured vehicles
Finland has signed a firm contract for 91 Patria 6x6 Common Armoured Vehicle Systems (CAVS) vehicles, with an option to acquire 70 more.
-
![UK weighs up tracked and wheeled options for Mobile Fires Platform artillery programme]()
UK weighs up tracked and wheeled options for Mobile Fires Platform artillery programme
The business case for the British Army's Mobile Fires Platform artillery system will be submitted this summer with contenders including offerings from Hanwha, KMW, BAE Systems Bofors and Rheinmetall.
-
![Israel outlines next steps to improve its missile defence architecture]()
Israel outlines next steps to improve its missile defence architecture
The Israeli MoD is progressing with the Arrow 4 interceptor effort in addition to working on improvement of its in-service sensors, radars and C2 systems.
-
![Shoulder-fired anti-tank munitions create a decisive advantage in modern day conflicts (Sponsored)]()
Shoulder-fired anti-tank munitions create a decisive advantage in modern day conflicts (Sponsored)
Addressing the requirements for lightweight yet highly effective shoulder-fired munitions for small tactical units, Dynamit Nobel Defence (DND) provides the combat proven RGW series.
-
![GM Defense, Black Sage partner up to add drone defences to military vehicles]()
GM Defense, Black Sage partner up to add drone defences to military vehicles
GM Defense has partnered with Black Sage Technologies to develop an integrated counter-uncrewed aerial systems (C-UAS) capability for tactical military vehicles.
