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Nammo Talley, Inc.

Blog Post: Nammo Talley acquires Composite Solutions

posted Thursday, February 12, 2009 5:12 PM

by ,

WOW, here we grow again! This article as posted today via The Wall Street Journal's "Market Watch": PRESS RELEASE

Nammo Talley acquires Composite Solutions


Last update: 5:34 p.m. EST Feb. 12, 2009

RAUFOSS, NORWAY, Feb 12, 2009 (MARKET WIRE via COMTEX) -- Composite Solutions, LLC, Murray, Utah and Nammo Talley, Inc., Mesa, Arizona announced today the acquisition of Composite Solutions by Nammo Talley. Terms of the transaction were not disclosed.

Composite Solutions has over 20 years of experience in the design and manufacture of technically challenging composite structures for commercial, aerospace and defense markets. Nammo Talley, a member of the Norway based Nammo Group since 2007, has been involved in the design and manufacture of components and systems based upon the creative application of energetic materials and devices since the 1950s.

The addition of Composite Solutions to the Nammo family expands the technical offerings that Nammo Talley can offer its aerospace and defense customer base and further diversifies the company through addition of Composite Solutions commercial customers.

Composite Solutions will continue to be led by its Founder and President, Brian Lundy, who has agreed to remain with the company. Mr. Lundy will now report to Nammo Talley's President and CEO, Steven Wegener. The company will be a wholly owned subsidiary of Nammo Talley and its operations will remain in Murray, Utah.

The Nammo Group is an international defense group specialized within design and production of ammunition, shoulder fired weapon systems, rocket motors and demilitarization. The Nammo Group has 1800 employees in 6 countries.

If you are interested in working for Nammo Talley Inc, please take a look at our career opportunities at http://www.talleyds.com/careers/jobindex.html

 Eric Ehlers

Human Resources Specialist/Staffing

Nammo Talley Inc

Tags Tags engineering, manager, quality, production, security, manufacturing, project, test, process

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