Latest news with #PGS
Yahoo
27-05-2025
- Business
- Yahoo
Barrett and MARS win Army's Precision Grenadier System competition
On May 22, 2025, the U.S. Army's xTech Program announced that the MARS Inc, Barrett team was selected as the winner of the xTech Soldier Lethality competition for the Precision Grenadier System. The Army invited companies to showcase concepts for the PGS requirements. Participants engaged and pitched their technology solutions to the Department of Defense for prize money and the potential to receive a contract award or agreement of up to $2 million. 'Lt. Col. Micah Rue, Project Manager Soldier Lethality's Product Manager for Soldier Weapons, noted the lack of a commercial PGS solution,' the Army Innovation Programs Office noted in an Army xTech article. 'To deliver an Army PGS program by fiscal year 2026, PEO Soldier partnered with xTech to fund and incentivize industry participation, sparking innovation and creating a new industry teaming environment.' Phase 1 took place in 2023 and involved a concept white paper submission; up to five winners could be selected and were awarded $15,000 each. Winners of phase 1 were invited to participate in the phase 2 technology pitch, also in 2023. Up to three winners were selected in phase 2 and awarded $300,000 each. Phase 3, final demonstration, took place from 2024-2025 and saw FN's PGS-001 complete against MARS Inc/Barrett's 30mm Support Rifle System. 'In six months, this team of agile businesses were able to design, build, test, and demonstrate the effectiveness of a new 30mm grenade rifle system in support of the Army's Precision Grenadier System (PGS) requirement,' Barrett said in a press release. 'PGS is a soldier portable, shoulder fired, semi-automatic, magazine fed, integrated armament system (weapon, ammunition, fire control) that enables rapid, precision engagements to destroy personnel targets in defilade and Unmanned Aerial Systems (UAS) targets at close range.' Barrett and MARS worked with AMTRC Corp to develop an entirely new family of 30mm shoulder fired munitions. The new ammunition family covers the full spectrum of capabilities required by the Army including Programmable Air Bursting High Explosive, Proximity Fuzed and Point Detonating High Explosive, and even a Close Quarter Battle Round. AMTEC is the largest volume producer of 40mm grenade ammunition and fuzing in the world and is currently the sole Prime Contractor to the DoD for 40mm ammunition.
Yahoo
16-05-2025
- Business
- Yahoo
Futuristic Grenade Launcher From Colt And Northrop Grumman Seen Being Fired For First Time
Northrop Grumman has released a brief video clip showing an individual shooting a new 25mm precision grenade launcher it has been working on together with gunmaker Colt. This appears to be the first time we've seen a working prototype of the weapon being fired. It is one of several designs being pitched to meet U.S. Army requirements for a highly computerized Precision Grenadier System (PGS) that soldiers could use to engage ground targets, including ones behind cover, as well as help shield themselves from the growing threats posed by drones. The footage of the grenade launcher being tested was included in a video montage, seen in the social media post below, that Northrop Grumman put out earlier this week to highlight 'the latest in Bushmaster Chain Gun technology, advanced ammunition and counter-uas [uncrewed aerial systems] solutions.' Inspired by innovation, perfected with with our teammates, we recently demonstrated the latest in Bushmaster® Chain Gun® technology, advanced ammunition and counter-uas live-fire scenarios highlighted the depth of our innovations – reliable,… — Northrop Grumman (@northropgrumman) May 13, 2025 In general, the new grenade launcher has the look of an oversized rifle. It is semi-automatic and feeds from a five-round box magazine. The barrel is between 14 and 15 inches long, and the overall weight is under 15 pounds, Colt has previously told Defense News. In the recently released video clip from Northrop Grumman, the gun is seen fitted with a Vortex Optics XM157 computerized optic, which the U.S. Army is already acquiring to go along with its new 6.8x51mm XM7 rifles and XM250 light machine guns. In April, at the Modern Day Marine exposition in Washington, D.C., Northrop Grumman representatives told TWZ's Howard Altman that the company has been focused primarily on developing a family of specialized ammunition to go along with the launcher. Colt has been leading the development of the weapon itself, a mockup of which was shown at the event. 'We're responsible for integration. We went to Colt to help design this [the grenade launcher],' Michael O'Hara, Senior Manager for Tactical Weapons Solutions & Strategy at Northrop Grumman, explained. 'These specialized rounds is [sic; are] all Northrop Grumman, and then we're working with different types of smart optics.' The mockup of the grenade launcher at Modern Day Marine was equipped with a SMASH-series computerized optic from Israeli firm Smartshooter. SMASH-series optics have been steadily gaining traction across the U.S. military and elsewhere globally in recent years, with a particular eye toward improving the ability of individual shooters to engage small drones. O'Hara also specifically mentioned Vortex Optics as another source of 'smart optics.' 'The program is focused primarily, currently, at surface-to-surface [targets]. So we're able to take out targets down-range that are hidden behind objects. That's the whole purpose of the weapon system,' O'Hara added. 'We are also taking that functionality and taking the prox[imity] capability of the ammo and going to go against UAS. So, for like squad-level/platoon-level protection, a rifleman would be able to utilize this [to] engage UAS, small UASs, for protection.' The U.S. Army has said its plan for the future Precision Grenadier System (PGS) envisions 'a Soldier portable, shoulder fired, semi-automatic, magazine fed, integrated armament system (weapon, ammunition, fire control) that enables rapid, precision engagements to destroy personnel targets in defilade and in the open with increased lethality and precision compared to legacy grenade launchers, while also not impacting Soldier mobility,' according to a contracting notice the service put out in February. 'The PGS is anticipated to be deployed as a Soldier's primary weapon system, providing organic, close-quarters combat, counter-defilade, and counter-UAS capabilities through a family of ammunition to ranges in concert with the rest of the squad's battlespace, and requiring minimal resupplies to support. This capability shall provide overmatch to comparable threat grenade launchers in near-peer formations in future operating environments to include urban, jungle, woodland, subterranean, and desert, in day, night, or obscured conditions.' Previous PGS contracting notices have also called for a weapon with an overall length of no more than 34 inches, a weight of 14.5 pounds or less, and an effective range of at least 1,640 feet (500 meters). The PGS also needs to be able to fire rounds along a relatively flat trajectory, with the goal of making it easier to engage targets accurately. The desired maximum range for the PGS is notably greater than that offered by the M203 and M320 grenade launchers currently in Army service, which also fire 40x46mm rounds along a more arced trajectory. Unlike the PGS, the M230 and M320 are both designed to be attached under the barrels of existing standard infantry rifles, though the Army also fields the latter in a stand-alone configuration. The Army wants a family of specialized ammunition to go along with the PGS that includes a so-called 'Counter Defilade Round' that can 'precisely and quickly defeat personnel targets' behind cover, which would be an air-bursting design. As Northrop Grumman's O'Hara noted, with the help of a proximity fuze, rounds designed for counter-defilade use could also be employed against drones. Armor-piercing, shotgun-like 'close quarters battle' anti-personnel canister, and training rounds are expected to go along with the PGS, as well. It is important to remember that the Army's current PGS effort follows the cancellation of work on a similarly advanced 25mm grenade launcher, designated the XM25 and nicknamed 'The Punisher,' back in 2018. Work on the XM25 began in the mid-2000s as an outgrowth of an abortive next-generation infantry weapons program called the Objective Infantry Combat Weapon (OICW) that started in the 1990s. Given the stated PGS weight requirement, it is interesting to note that the XM25's 14-pound weight was cited as contributing to its ultimate cancellation. The cost of the grenade launcher and its advanced programmable ammunition, as well as its physical bulk, were also factors. At least two other grenade launchers are being pitched to the Army now for PGS. These are the Squad Support Rifle System (SSRS) from Barrett Firearms and MARS, Inc., and FN America's PGS-001. The SSRS and the PGS-001 could have an additional leg up thanks to being the two finalists in the Army's xTechSoldier Lethality challenge that wrapped up in 2023. You can read more about what is known about those designs here. AUSA 23 – FN USA's PGS-001 Precision Grenadier System — Soldier Systems (@soldiersystems) October 10, 2023 What the Army's timeline now for settling on a PGS design and fielding it is unclear. The aforementioned contracting notice put in February was tied to PGS, but was specifically about a Prototype Project Opportunity described as 'a risk reduction effort separate from the Precision Grenadier Program of Record with the goal of developing technologies associated with the current capability gap.' The Army clearly still has an active interest in the capabilities that PGS could offer, now further spurred on by the ever-growing threats that drones present. Though the danger posed by drones is not new, it has been very pointedly observed in the ongoing conflict in Ukraine, as well as other hotspots around the world in recent years. The recently released video shows that Northrop Grumman and Colt are continuing in their development of one grenade launcher design that could meet the Army's PGS needs. Howard Altman contributed to this story. Contact the author: joe@
Time of India
05-05-2025
- Business
- Time of India
In Himachal Pradesh, farmers to get MSP for naturally grown wheat, turmeric from May 15
Shimla: In an initiative to expand farmers' revenue sources by encouraging them to adopt low-cost, non-chemical, natural-farming techniques, the Himachal Pradesh govt will, from May 15, start procurement of naturally grown wheat at the minimum support price (MSP) of Rs 60 per kg and raw turmeric at Rs 90 per kg through the Prakritik Kheti Khushhal Kisan Yojana (PK3Y). Tired of too many ads? go ad free now The state govt is also carrying out evaluations in the tribal Pangi Valley in Chamba district for the procurement of naturally grown barley at the MSP of Rs 60 per kg, as the sowing season has just started here. Pangi will become the first natural farming sub-division of the state, chief minister Sukhvinder Singh Sukhu had announced at a Himachal Day function in Pangi on April 15. Farmers have been identified for the procurement of wheat and raw turmeric produced through natural farming, said secretary (agriculture) C Paulrasu. The MSP fixed by the state govt for naturally grown maize, wheat, raw turmeric, and barley is the highest in the country for these crops, he added. The officer said the agriculture department has already initiated the process to certify Pangi as a natural farming sub-division, and a committee has been constituted by PK3Y for the survey in Pangi for large area certification under the participatory guarantee scheme (PGS). Last year, the PK3Y procured 399 metric tonnes (MT) of naturally grown maize grains from 1,509 CETARA-NF certified farmers in the state, which were processed into flour and sold under the brand name Him Bhog Makki Atta through the food and civil supplies corporation. At present, 3.06 lakh farmers in Himachal have been trained in the natural-farming technique, out of which 2.22 lakh are practising it on 38,437 hectares across the hill state. As many as 1.98 lakh farmers have been certified under PK3Y's CETARA-NF for natural farming in Himachal Pradesh.
Yahoo
29-03-2025
- Business
- Yahoo
Liberty Energy Earns Bullish Call From Morgan Stanley As Data Center Demand, PGS Upside Gain Traction
Liberty Energy Inc. (NYSE:LBRT) shares are trading higher on Thursday after Morgan Stanley analyst Daniel Kutz upgraded the stock from Equal-Weight to Overweight and raised its price forecast from $20 to $25. The analyst's bullish stance reflects the earnings potential from the new Power Gen Services (PGS) business, and the company doesn't appear to be receiving full valuation recognition for these investments. Also, the fundamentals of the CS business might be reaching a floor, as the market could be underestimating the potential for frac supply attrition, while gas demand growth should eventually provide support for activity and pricing, adds the analyst. Additionally, Kutz highlights that the company offers an attractive play on data center and power demand growth at a reasonable price. LBRT's leadership has a strong track record of prudent capital allocation and timely investments, adds the analyst. Apart from this, Kutz says that the concerns about the durability of PGS earnings, such as contracting, utilization, competition, and EPS/FCF, seems to be overstated. Price Action: LBRT shares are up 3.76% at $16.00 at the last check Thursday. Read Next:Image via Shutterstock. Date Firm Action From To Mar 2022 B of A Securities Upgrades Neutral Buy Feb 2022 Morgan Stanley Maintains Overweight Jan 2022 Wells Fargo Upgrades Equal-Weight Overweight View More Analyst Ratings for LBRT View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Liberty Energy Earns Bullish Call From Morgan Stanley As Data Center Demand, PGS Upside Gain Traction originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
CBC
20-03-2025
- Sport
- CBC
Versatile Ledecka wins parallel giant slalom at snowboard world championships
Social Sharing Ester Ledecka added another trophy to her collection of silverware when she won the parallel giant slalom at the snowboard world championships on Thursday in St. Moritz, Switzerland. The three-time Olympic champion, who won bronze in the downhill at the alpine skiing worlds in February, was in a class of her own and dominated qualification then easily defeated all of her rivals en route to the final. There, she beat the defending women's parallel giant slalom champion Miki Tsubaki of Japan. It was Ledecka's first snowboard world title in eight years. The versatile Czech athlete already had two golds and a silver from parallel giant slalom races at the snowboarding worlds in 2015 and 2017. WATCH | Ledecka wins her 3rd PGS world championship title: 2-time defending Olympic champ Ester Ledecká wins her 3rd PGS world championship title 1 hour ago Duration 6:22 The 2018 and 2022 Olympic snowboard champion from the Czech Republic claimed her third parallel giant slalom world title at the FIS snowboard world championships in Corviglia, Switzerland. "It's awesome," Ledecka said. "I haven't competed in a world championships since (2017) because it was difficult with timing because of skiing events." Aleksandra Krol-Walas of Poland won the bronze medal race over Ladina Caviezel of Switzerland. Ledecka famously won Olympic gold in skiing's super-G and snowboarding's parallel GS at the 2018 Pyeongchang Games, and added another gold on her board in 2022 in Beijing. A scheduling issue at the 2026 Milan-Cortina Olympics — where the parallel GS in snowboarding and the Alpine downhill are both set for Feb. 8 at venues hours apart — might deny her a chance to replicate that achievement from 2018. Roland Fischnaller of Italy, who is 44, won the men's title by defeating Stefan Baumeister of Germany in the final. Lee Sang-ho won the bronze medal. Italy's Roland Fischnaller claims his 2nd career snowboard PGS world title 1 hour ago Duration 5:21 Fischnaller won the men's parallel giant slalom gold medal, at the FIS snowboard world championships in Corviglia, Switzerland.
