Powell Max Plans Defense and Security Group, Starting With Proposed Remington Transaction
Powell Max said it intends to explore opportunities in interceptor drones, counter-drone systems, cybersecurity and critical infrastructure protection.
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12:38:02 PM UTC
SquawkNews
Powell Max Limited plans to build a defense and security group via acquisitions, led by its proposed purchase of the remaining equity in Blackrod, which holds Remington Firearms rights. No definitive agreements or financing are secured, and timelines are not set.Material DetailsContext by AI Analys…