G-Form Awarded $1.2 Million R&D Agreement With U.S. Army

G-Form has secured its first Other Transaction Authority Agreement for Prototype (OTAp) with the U.S. Army Development Command – Soldier Center (DEVCOM SC), which ensures the dominance of Army capabilities by creating, integrating, and delivering technology-enabled solutions for soldiers.

Rossignol Group Appoints New GM Of Global Softgoods Division

The Rossignol Group has tapped Liz Wilson as general manager of the Group’s global Softgoods division. After earlier stints at Nike and TNF, Wilson most recently acted as SVP of global product creation for Outdoor Research where she helped to double the brand’s business over four years.

Academy Sports Trims Full-Year Outlook On Q1 Shortfall

Academy Sports and Outdoors, Inc. slightly reduced its guidance for the year after reporting results for the first quarter ended April 29 missed plan although the sporting goods chains predicted sales would improve in the back half of the year.

Thor Industries’ Revenues Drop 37 Percent In Fiscal Third Quarter

Thor Industries, Inc. reported earnings fell 65.3 percent in the fiscal third quarter ended April 30 on a 37.1 percent revenue decline against pandemic-boosted results in the year-ago quarter. The maker of RVs slightly raised its outlook for the year on a better-than-expected performance. 

New Balance Breaks Ground On Maine Factory Expansion

New Balance broke ground to expand its athletic footwear manufacturing factory in Skowhegan, ME. The $65 million, 120,000-square-foot single-story addition, scheduled to be completed by the end of 2024, will add 200 jobs and double the factory’s production capabilities.

Gatorade Opens New Sports Science Lab

Gatorade opened its newest Gatorade Sports Science Institute (GSSI) Research & Development lab in Valhalla, NY. The R&D facility will support product development across all Gatorade portfolio brands, including Gatorade, Fast Twitch, Propel, Muscle Milk, and Evolve.

Winchester Ammo Parent Adds Board Member

Olin Corp., the parent of the Winchester firearms brand, appointed Julie Piggott to serve on the company’s Compensation Committee and Nominating and Governance Committee of Olin’s Board.