Powell Max Limited Announces Strategy to Build a Defense and Security Group, Beginning with Proposed Remington Firearms Transaction
Powell Max Limited announced its intention to enter the defense and security sector, beginning with a proposed Remington Firearms transaction. The company also intends to explore opportunities in interceptor drone and counter-drone systems, cybersecurity, and critical infrastructure protection.
Why it matters — The announcement outlines PMAX’s planned expansion into defense and security, including its proposed initial transaction and areas for future exploration.