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Millbrook, based in Bedfordshire, UK, makes a significant contribution to the quality and performance of military vehicles worldwide. Its specialist expertise is focussed in two distinct areas: test programmes to help armed services and their suppliers ensure that their vehicles and systems work as the specification requires; and design and build work to upgrade new or existing vehicles, evaluate vehicle capability and investigate in-service failures. Complementing these is driver and service training and a hospitality business that allows customers to use selected areas of Millbrook’s remarkable facilities for demonstrations and exhibitions.
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07 Mar 11. Force Protection Industries, Inc., a Force Protection Inc. group company, today announced the establishment of a Canadian subsidiary company, Force Protection Survivability Solutions Canada, Inc.
“This subsidiary will allow us to better support the Canadian market and align more closely with our many Canadian partners and suppliers,” said Michael Moody, Chief Executive Officer of Force Protection Inc. “Force Protection has developed and is offering a highly survivable and mobile vehicle for the Canadian Ministry of Defense’s Tactical Armored Vehicle Patrol, or TAPV, program. We are committed to supporting this solution for the TAPV, as well as servicing our Cougar and Buffalo vehicles currently in service with the Canadian Forces.” The head office will be located in Ottawa, Ontario, with partnerships and supplier relationships extending across Canada. (Source: Yahoo!/BUSINESS WIRE)
07 Mar 11. Another SNATCH? PSNI Land Rovers – time running out? Sources close to BATTLESPACE suggest that the new contract for 60 vehicles for the PSNI in Northern Ireland has hit problems with regard to the veracity of the winning bid and the ability of a sub-contractor to carry out the required armour welding. Will PSNI and the government risk continuing with the contract and have another SNATCH on their hands, thus putting Policeman at risk in the July Marching Season or cancel it and start a rushed refurbishment Programme of the existing Tangis?
07 Mar 11. Daimler and Rolls-Royce are in talks with Tognum over a possible joint bid for control that is likely to value the German engine supplier at more than €3bn ($4.1bn). A bid would see the German car and truck group raise its 28.4 per cent stake in Tognum, a customer and former subsidiary that supplies diesel engines and propulsion systems for off-road and military vehicles, ships and the oil and gas industry. Rolls-Royce may add its Bergen gas engine unit to a joint venture as part of the deal, sources familiar with the planned deal said. Daimler said on Monday that it and the UK engineering group were holding “constructive discussions” with Tognum about acquiring a majority “in equal shares”, but that no decision on increasing its stake had been made. Rolls-Royce confirmed the talks but declined to comment further.Tognum said it would evaluate any proposal. Its shares rose more than 22 per cent on Monday, giving the company a market capitalisation of €3bn. Its history is closely linked with Daimler. Its core engines business was a Daimler subsidiary until sold to EQT, a private equity firm, in 2005. After EQT made an initial public offering of the business in 2007, Daimler subsequently reinvested in 2008. Tognum also makes generators and turbines and had sales of €2.5bn in 2009. Sales in 2010 would be about €2.55bn and should increase by 10 per cent this year, Tognum said. It is due to publish annual results on Thursday. Some analysts doubted a need for Daimler to increase the blocking minority stake it holds. Arndt Ellinghorst, of Credit Suisse, said: “Daimler shareholders are sceptical of further transactions as the company has a terrible track record in M&A. I don’t