Metal Storm Chosen for Canadian Small Arms Replacement ProgramBrisbane, Australia - On 1st July Metal Storm Limited advised the market that Defence Canada had published material that identified Metal Storm Technology as a key component of the Canadian Small Arms Replacement Program.
The Company is pleased to announce that Metal Storm Inc. (MSI) has received formal confirmation of its published statements.
Global Ammunition Market (Large Caliber, Medium Caliber and Small Caliber) 2012 - 2017
Mr Paul Harris, Scientific Authority for the Soldier Integrated Precision Effects System (SIPES) Program for Defence Canada has provided MSI with the following Statement:
"To Whom It May Concern:
I am pleased to hereby confirm that the statement made public through my presentation during the NDIA International Infantry & Joint Services Small Arms Symposium that the integration of Metal Storm technology into all options of the secondary effects module (shotgun, programmable ammunitions of different calibres) has been formally included in the SIPES (Soldier Integrated Precision Effects System) Technology Demonstration Project plan. This is evidenced by the active participation by Metal Storm Inc. in the most recent SIPES Focus Group Review hosted in Canada, July 13-15."
The Company is very pleased that Metal Storm Technology will be playing such a critically important role in every option being considered for the replacement soldier combat weapon for the Canadian Defence Force.
Source : Metal Storm Limited (ASX: MST)