MoD receives final 40CT cannon
CTAI has delivered the final 40CT cannon meant for the Ajax and Warrior platforms, although, with the future of both platforms in question, their destination is uncertain.
TrueVelocity buys LoneStar with NGSW firmly in mind
True Velocity and LoneStar are teamed in a bid for the NGSW programme. (Photo: True Velocity)
TrueVelocity says its acquisition of LoneStar Future Weapons will enable a more efficient Next Generation Squad Weapons offering for the US Army.
True Velocity announced on 10 November that it is acquiring LoneStar Future Weapons — its team-mate in a bid for the US Army Next Generation Squad Weapons (NGSW) programme — in a ‘strategic acquistion’ worth about $84 million.
LoneStar will operate as a wholly owned subsidiary of True Velocity parent company TV Ammo. True Velocity stated that the deal ‘allows the two companies to leverage substantial synergies and business efficiencies in the development and production of advanced weapons and ammunition for the Next Generation Squad Weapons programme and other forthcoming force modernisation contracts’.
True Velocity and LoneStar formed a strategic partnership for NGSW in April 2021, offering a semi-automatic rifle and an automatic rifle designed to fire the 6.8TVCM cartridge.
LoneStar assumed the prime contractor role from General Dynamics Ordnance & Tactical Systems and True Velocity continued to serve as a subcontractor responsible for the provision of its 6.8TVCM composite-cased cartridge.
Beretta (ammunition design) and Delta P Design (suppressors) are also part of the TrueVelocity team for NGSW.
The NGSW programme is expected to reach the vendor selection stage in January 2022.
More from Land Warfare
-
-
![Raytheon and Leonardo provide sights to Bundeswehr]()
Raytheon and Leonardo provide sights to Bundeswehr
Raytheon and Leonardo have agreed to jointly provide combat sights to the Bundeswehr as part of a pre-existing contract.
-
![Eurenco receives 155mm modular charge order]()
Eurenco receives 155mm modular charge order
‘Important contract’ for Eurenco comes six months after certification of its 155mm modular charge.
-
![Italy orders FN Herstal machine guns]()
Italy orders FN Herstal machine guns
Belgian manufacturer FN Herstal receives €1.4 million order from Italian MoD for machine guns.
-
![Ricardo nets contract from STX Engine for South Korean project]()
Ricardo nets contract from STX Engine for South Korean project
South Korea is seeking to equip the Hanwha K9 self-propelled howitzer with a locally produced engine.
-
![Greece welcomes its first batch of surplus M1117s]()
Greece welcomes its first batch of surplus M1117s
The Hellenic Army on 24 November received the first batch of 44 M1117 Guardian Armored Security Vehicles out of 1,200 to be supplied from surplus …
