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
-
US Army to receive Oshkosh’s next-gen autonomy-ready trucks by December
The company recently announced a new US$95 million order for the Palletized Load System A2 under the FHTV V agreement.
-
How the US Marine Corps “increased” Marines’ shooting accuracy by 99%
The new small arms training approach includes the use of data and simulation capabilities, as well as more realistic environments.
-
Lockheed nets $4.9 billion US Army contract to build more precision strike missiles
The PrSM missiles, known as Increment 1 weapon systems, will eventually replace the US Army’s Army Tactical Missile Systems (ATACMS).
-
US Army to field first human-machine platoon in two years
The Rapid Capabilities and Critical Technologies Office plans to deploy armoured and infantry platoon configurations around FY2027.
-
Avalon 2025: Hanwha signs engine deal with Penske for Redback IFVs
Penske Australia will also carry out local assembly and testing of Allison X1100 series cross-drive transmission under licence using kits supplied by South Korea's SNT Dynamics.
-
Ovzon trials UGV comms in Arctic conditions
Swedish company showcases Arctic UGV test as it eyes NATO defence market expansion.