Subscribe free to our newsletters via your
. 24/7 Space News .




MILTECH
U.S. crowd-control products to be marketed in Europe
by Richard Tomkins
Linkoping, Sweden (UPI) Jun 19, 2013


Security solutions company acquires North American Custom Specialty Vehicles
Palm Beach, Fla. (UPI) Jun 19, 2013 - A Florida manufacturer of command-and-control vehicles for law enforcement and emergency operations has been acquired by Global Digital Solutions Inc.

GDSI said that terms of the transaction with North American Custom Specialty Vehicles, involves $1 million in cash and 645,161 shares of GDSI's restricted common stock. It also involves an additional $2.4 million of contingent consideration, payable either in shares of GDSI's common stock or cash at the end of the year.

"We're delighted to announce the acquisition of NACSV," said GDSI President and Chief Executive Officer Richard J. Sullivan. "NACSV is a well-respected builder of security and crisis management-related specialty vehicles. Very importantly, NACSV has an established client base and a skilled management team.

"The company's advanced command and control and emergency communications capabilities fit perfectly into GDSI's global growth strategy. We're looking forward to working together with the NACSV team in the months ahead."

Global Digital Solutions Inc. describes itself a company "positioning itself as a leader in providing cyber arms manufacturing and complementary security and technology solutions."

A Swiss subsidiary of Saab is to market non-lethal crowd-control products in Europe made by NonLethal Technologies of the United States.

Covered under the long-term exclusive cooperative agreement between Saab Bofors Dynamics Switzerland Ltd and NLT are the U.S. company's IronFistTM and Cobra40TM less-lethal weapon systems, which include 37mm and 40mm non-lethal pellet cartridges, foam projectiles, ballistic bags and muzzle blast cartridges.

"NLT and SBDS will make a world-class team given both companies' prominent positions in their markets with superior products," said Stephan Kocher, chief executive officer of SBDS. "The companies share common core values and market strategies. They are fast, innovative, quality producers well-known in their respective markets and willing to move quickly.

"We will benefit from each other through our complementary know-how, products and networks. I am convinced that this cooperation will be the start of another success story within our company."

SBDS designs, develops and produces mortar rounds, warheads and less-lethal products -- primarily in large calibers -- for the military, corrections and law enforcement.

"We look forward to this cooperative opportunity with the SBDS marketing team, to introduce our less-lethal weapons and munitions to the European defense, correctional and law enforcement communities," said Scott Oberdick, president of NLT. "The SBDS experience and reputation for high-quality, high-performance weapons and munitions, along with the strength of its management and support services within the defense industry, assures us of a strong teaming effort in Europe."

.


Related Links
The latest in Military Technology for the 21st century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








MILTECH
New sensors for Leopard 2 commander and gunner sights
Oberkochen, Germany (UPI) Jun 18, 2013
Gunner and commander sights on Leopard 2 main battle tanks are to receive new sensors from Cassidian Optronics, a subsidiary of Airbus Defense and Space. Cassidian Optronics said the main element of the sensors is ATTICA, a third-generation thermal imager. The device, together with other sensors to be delivered, whil gives tank crew the ability to reconnoiter, identify and tag ta ... read more


MILTECH
55-year old dark side of the moon mystery solved

New evidence supporting moon formation via collision of 2 planets

NASA Missions Let Scientists See Moon's Dancing Tide From Orbit

Earth's gravitational pull stretches moon surface

MILTECH
Discovery of Earth's Northernmost Perennial Spring

US Congress and Obama administration face obstacles in Mars 2030 project

Opportunity Recovering From Flash Memory Problems

Rover Corrects its Spacecraft Clock

MILTECH
Coffee for cosmonauts! First 'ISSpresso' machine to arrive in space

Boeing reveals prototype spacecraft for human transport

Complexity of Sample Return Robot Competition Challenges 17 Teams

Wealthy Chinese buy space flight tickets: report

MILTECH
Chinese lunar rover alive but weak

China's Jade Rabbit moon rover 'alive but struggling'

Chinese space team survives on worm diet for 105 days

Moon rover Yutu comes closer to public

MILTECH
US expects to continue partnership with Russia on ISS after 2020

Station Crew Wraps Up Week With Medical Research

Decontamination System to Up Research on Space Station

International Space Station to feature first coffee maker

MILTECH
US not able yet to remove dependency on Russian rocket motors

Nasa readies satellite to measure atmospheric CO2

Russian Soyuz-2.1b rocket to undergo final testing

Lie detector exposes sabotage of Proton-M booster

MILTECH
Kepler space telescope ready to start new hunt for exoplanets

Astronomers Confounded By Massive Rocky World

Two planets orbit nearby ancient star

First light for SPHERE exoplanet imager

MILTECH
Selex ES is upgrading RAT 31 DL radar in Turkey

Defense against laser beam flashes at aircraft being tested

3D printer cleared for lift-off to ISS in August

SanDisk buys storage rival Fusion-io for $1.6 bn




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.