Marines order more rockets and their launchers

Talley Inc, owned now by the Norwegian company Nammo, won a contract from the USMC to develop a launcher for 83mm rockets. The current system has been in use since 1984. The ammunition, currently produced by Talley, will remain the same, but a new system for firing the rockets from a Marine’s shoulder will be developed. The contract is for an initial buy of 146 launchers and 900 rounds of ammunition. Talley has produced over 40,000 rounds of this type. Nammo purchased the company last year as a way in to the US defense market.

See The Arizona Republic business site, here, for more on this contract.

Army buys ammo for Afghanistan

Fresh off all of the problems with the contract let to AEY, the US has moved to a more traditional source for ammo for Afghanistan’s military and police. See the press release here. Allied Defense Group has been awarded a FMS contract to provide ammo. Allied has grown significantly over the last 7 years as the demand by the US for ammunition of all types, but especially small arms, has increased.

US Navy awards Metal Storm a development contract

Metal Storm is an Australian company that is developing electrically fused, high rate of fire weapons. They utilize ammunition stacked in the barrel that fire very rapidly. To gain very high rates of fire you group a number of barrels together. According to this Metal Storm Inc, an American company using the Metal Storm technology, won a $1 M contract to develop a 12 gauge system for the USMC. Metal Storm has been working for several years to develop these systems, but no nation has bought them. For more on the company see this.

National Presto Industries profit surges

National Presto Services profits increased 38% last year. See an article here. This diversified company that makes diapers, small appliances, and most key, ammunition; received a large contract from the US Army. Most likely this is for ammunition.