:

Business/Financial

Avon Rubber Acquires Helmet Manufacturer Team Wendy

By Cal Biesecker

Tuesday, November 3rd, 2020

SHARE:

Avon Rubber Acquires Helmet Manufacturer Team Wendy

Photo: Avon Rubber

Britain’s Avon Rubber plc said on Tuesday it has completed its $130 million acquisition of Cleveland-based Team Wendy, a designer and manufacturer of head protection systems for military, law enforcement, search and rescue, and adventure sports markets. Team Wendy’s senior management, including its president and department directors, remain with the company. “The acquisition of Team Wendy is another important strategic step in the transformation of Avon Rubber into a leading provider of life critical personal protection systems,” Paul McDonald, Avon’s…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]