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
-
Iron Fist active protection system ordered for Bradley upgrade
Iron Fist was designed from the outset to have a modular construction to allow it to be scaled up or down to equip lighter or heavier vehicles. It has been widely used on Israeli vehicles and inclusion on Bradley represents a major boost for the system.
-
How the Ukraine war is shifting the US Army’s EW capabilities
The branch has been planning multi-billion dollar investments in reliable communications and solutions to prevent enemy detection.
-
Smart Shooter modernises systems and considers integrated solutions
Israeli company’s fire control system will be upgraded to feature a new camera and an additional 50m in range.
-
MilDef to supply computers for operator stations for CV90s
The CV90 is operated by Norway, the Netherlands, Sweden, Switzerland, Finland, Estonia, Slovakia, Denmark, Ukraine, and the Czech Republic.
-
Aselsan launches new batch of anti-drone solutions at SAHA Expo
The launch of these four different solutions highlights the company’s ongoing strategic aim to design and develop technologies to combat UAVs.
-
Raytheon transitions GhostEye MR radar into production phase
The sensor was recently tested by the US Air Force and US Navy and will continue to undergo testing and evaluation.