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Gentex buys out Ops Core

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Old January 11th, 2012, 18:50   #1
Short Round
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Gentex buys out Ops Core

http://militarytimes.com/blogs/gears...ght-by-gentex/

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just heard from Ops-Core that they have been bought by integrated life support systems company Gentex. What we know comes from the press release, provided after the break.

From the Ops Core Press Release:

Two companies, focused on serving the modern war fighter, have joined today to deliver sophisticated personal protective equipment for elite military units around the world. Ops-Core, Inc., located in Boston, MA, was acquired this week by Gentex Corporation, a long-standing global leader in personal protection and situation awareness products. This agreement reflects a passion to deliver industry-leading solutions shared by both firms.

“Foremost, Ops-Core customers will benefit from the strategic nature of this business transaction,” stated David Rogers, former Ops-Core Chief Executive Officer and new Vice President of Concept Development at Gentex. “Meeting the growing demand and supply of our products with shorter lead times will be supported by Gentex’s substantial manufacturing capabilities,” Rogers explained, “while delivering improved technology solutions for our existing customer base.”

“Accelerating our combined capabilities to successfully meet the increasing demands of the modern warfighter is essential to our business strategy in today’s competitive defense marketplace and is a true convergence of our business strengths,” said L. Peter Frieder, Jr., President and Chief Executive Officer of Gentex Corporation. “Ops-Core is already well known for producing the world’s first and only fully modular helmet platform for ground forces with the ability to meet the U.S. Army’s protective standards with excellent stability, low weight and comfort. Gentex has a proven and long-standing presence in aircrew helmet systems for high-speed jet and rotary wing customers who rely upon integrated night vision, communications and other situation awareness technologies; along with comprehensive skills in advanced materials science and engineering. Having access to such technologies and resulting capabilities will provide Ops-Core’s special operations customers with the ultimate choice of solutions for every mission scenario.”

“In the future, existing Ops-Core products fielded by elite warfighters could easily expand Gentex’s core offerings to more traditional ground forces,” added John Pullo, Vice President of Ground Systems, Gentex.

Gentex has been involved with every advance of Ground and Combat Vehicle Crew protection for the last 50 years, delivering over 1.5 million helmets to such programs as U.S. Army Advanced Combat Helmets (ACH), U.S. Marine Corps Lightweight Helmet, Combat Vehicle Crew (CVC) Helmet and Personnel Protective Armor System Ground Troops (PASGT) Helmet, as well as supplying eye and face protection, communications and other helmet accessories.

Ops-Core was founded in 2005 by David and Viktoria Rogers. David will lead the location and work closely with Gentex’s key business, operations and technical personnel, while Viktoria will remain in an active leadership role at Ops-Core to ensure a seamless transition for customers and employees. Ops-Core will remain at its current Boston location and retain its operations, vendors and employees.

Customers may visit with Ops-Core and Gentex personnel, by appointment only, at the upcoming SHOT Show in Las Vegas, NV, from January 17-20, 2012 at the Sands Expo and Convention Center, Booth #8111.

Here's another article on it
http://www.4-traders.com/news/Gentex...ers--13965869/
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Old January 11th, 2012, 19:09   #2
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