If Winchester does the same as Federal did by selling ‘overrun’ ammo, maybe we’ll see M855A1 become available on the open market. It makes the old M855 ‘Green Tip’ pale in comparison.


Winchester is honored to announce that we now have management and operational control of the Lake City Army Ammunition Plant.

Olin Corporation (NYSE: OLN) announced that effective today, its ammunition division, Olin Winchester, LLC (“Winchester”), assumed full management and operational control of the Lake City Army Ammunition Plant in Independence, Missouri. The U.S. Army selected Winchester to operate and manage the Lake City Plant in September 2019. The contract has an initial term of seven years and may be extended by the U.S. Army for up to three additional years. Winchester is now the world’s largest small arms ammunition manufacturer.

“Winchester employees have built a reputation with the U.S. Army that is unrivaled and for the past year we have been preparing for this significant transition,” said Brett Flaugher, President of Winchester. “We were selected to manage the Lake City Plant because of our industry-leading capabilities and track record. For decades, we have successfully demonstrated those capabilities in quality, innovation and on-time delivery, and through our partnership with the U.S. Army in developing solutions that service the U.S. Warfighter. Our team is fully prepared and 100% committed to the safe, reliable and efficient operation of the Lake City Plant.”

Roundhill Group Purchases Remington Firearms

Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop.

Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding the acquisition:

“As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoorsmen and women both here in the USA and abroad. More than anything, we want to make Remington a household name that is spoken with pride.”

Edwards added, “The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. They are all life-long hunting advocates and staunch Remington brand loyalists. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.”

Sturm, Ruger & Company, Inc. to Acquire Marlin Firearms Assets

Sturm, Ruger & Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.

“The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up,” said Ruger President and CEO Chris Killoy. “The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings.”

The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.

“The important thing for consumers, retailers and distributors to know at this point in time,” continued Killoy, “is that the Marlin brand and its great products will live on. Long Live the Lever Gun.”

Additional information will be released when available. To stay up to date, please sign up for our contact list at Ruger.com/Marlin.

BLUF:
Reacting to the surge, the anti-gun Everytown for Gun Safety suggests “thousands of guns” may have fallen into the wrong hands because the NICS system is overwhelmed.

“At the beginning of the pandemic, the [Justice Department] warned President Trump that the background check system was going to be overwhelmed — but rather than addressing it, Trump added fuel to the fire by making it even easier to buy guns,” Rob Wilcox, deputy director of policy and strategy at Everytown, complained.


Well, I’ve got phone number for the whiney boy: 1-800-WAA-AAAH


Gun Sales Spike Continues; Anti-Gunners Lament Increased Ownership

Handguns, rifles and shotguns are “flying off the shelves” with the primary focus on self-defense, and “nearly 26 million background checks were run through the FBI’s national instant check system through August,” the Washington Times is reporting.

That number will no doubt climb when the September NICS check data is released, possibly eclipsing the record number set in 2019 for the entire year, the newspaper indicated. Continue reading “”

Remington Asset Bids Revealed: Ruger Gets Marlin, Vista Gets Remington Ammo, Franklin Armory Gets Bushmaster, Sierra Gets Barnes

The bidding process for the sale of most of the assets of Remington Outdoor, Inc. is now complete. The debtors — Remington — have selected the successful bidders for each asset or asset bundle, along with backup bidders, and you can read the complete court filing here which details all of the assets purchased.

The bankruptcy court still needs to approve the successful bids, but they are as follows:

• Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business;

• Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively;

• Sierra Bullets, L.L.C. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business;

• Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business;

• JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands;

• Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and

• Sportsman’s Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand.

The hearing to approve the winning bids will take place on Tuesday, September 29.

5 Gun Stocks to Watch for Investors With a Steady Hand
As we draw closer to the U.S. Presidential elections, keep these five gun stocks in your crosshairs

After years in the dog house, gun stocks have come back with a vengeance so far in 2020. And, unlike in the last boom (driven by gun control fears), there have been several tailwinds moving the needle this time.

Firstly, the novel coronavirus pandemic. With uncertainty in the air, and millions of Americans stuck at home, gun demand far outstripped supply. Then, this summer’s civil unrest further fueled firearms sales growth. Not just with gun aficionados, but first-time owners as well.

And now, with the U.S. Presidential election in November, a make-or-break moment for gun stocks could be around the corner. If President Trump wins re-election, this hot sector may take a breather. In 2016, Trump’s surprise win caught gun-makers off guard, leaving them with a glut of firearms and ammunition, as demand cratered.

But, a victory by Democratic candidate Joe Biden could further fuel the rally. Why? Obama-era fears of a “gun grab” may be back on the table. Especially if the Democrats take back the U.S. Senate as well.

With speculation over a “Biden blowout,” things still look good for the firearms sector. Even if another Trump upset isn’t off the table, either.

On the other hand, being bullish (or bearish) on gun stocks may not be as binary as it was back in 2016. Given a Trump upset could fuel even more civil unrest, gun sales may remain strong even if he wins a second term.

So, what’s the play here? While an electoral upset could take the wind out this sector yet again, continued fear and unrest may mean gun stocks remain red hot. Keep these five in your crosshairs:

  • Olin Corporation (NYSE:OLN)
  • Sturm, Ruger (NYSE:RGR)
  • Sportsman’s Warehouse (NASDAQ:SPWH)
  • Smith and Wesson (NASDAQ:SWBI)
  • Vista Outdoor (NYSE:VSTO)

NSSF is the trade association for the firearm industry. Its mission is to promote, protect and preserve hunting and the shooting sports. Formed in 1961, NSSF has a membership of thousands of manufacturers, distributors, firearms retailers, shooting ranges, sportsmen’s organizations and publishers nationwide.

BERETTA USA CONTRIBUTES $100,000 TO NSSF’S 2020 #GUNVOTE VOTER EDUCATION CAMPAIGN

BENELLI USA CONTRIBUTES $100,000 TO NSSF’S 2020 #GUNVOTE VOTER EDUCATION CAMPAIGN

DAVIDSON’S, INC. CONTRIBUTES $50,000 TO NSSF’S 2020 #GUNVOTE VOTER EDUCATION CAMPAIGN

BROWNING ARMS COMPANY, FN AMERICA CONTRIBUTE $50,000 TO NSSF’S 2020 #GUNVOTE VOTER EDUCATION CAMPAIGN

Election Day is less than 50 days away when tens of millions of voters, including more than 5 million first-time gun buyers, will head to the polls to cast their ballot in the most consequential election for the Second Amendment.

#GUNVOTE is a campaign by the NSSF to encourage America’s gun owners, target shooters and hunters to register to vote, to become educated on where the candidates stand on the Second Amendment and, on election day, not to risk their rights and #GUNVOTE.

Demand for Guns Overwhelming FBI Background Check System

The current demand for guns in America is so great that the FBI’s National Instant Criminal Background Checks System (NICS) is giving a higher number of delays and, in many cases, allowing the sale to be completed because time for the check expires.

A NICS check is designed to take only minutes, ideally being “instant.” However, there are cases where the FBI reviewers do not immediately find the records they need so they have an option to delay the check, giving reviewers three business days to complete it. If, after three days, they still have not found incriminating records on the would-be buyer, the sale is allowed to proceed.

This means there are three possible outcomes to an NICS check: 1. Pass (good to go). 2. Delay (three business days added for check). 3. Fail (can either occur instantly or during the three day extended review).

Reuters reported there was a “54 percent increase in the number of background checks that were delayed past three days in … March through July.” And over five percent of those delays lasted longer than three days. Continue reading “”

Smith & Wesson Brands, Inc., Reports Record-Breaking Firearms Sales.

In case you were wondering if gun sales were having a couple of excellent months, a recent first-quarter report from Smith & Wesson Brands, Inc., gives every indication that firearm sales are as strong as ever.

According to the report, Smith & Wesson Brands, Inc., recorded a quarterly net sales of $278 million, as compared to last year’s first quarter earnings of $123.7 million—a 124.8-percent increase over last year. The firearms segment of S&W’s business—which made up the bulk of sales for the family of brands—grossed $229.9 million, a 140.9-percent increase over last year. Continue reading “”

To be honest, I didn’t know Remington had bought Barnes


Remington Agrees to Sell Ammunition Business, Including Barnes Bullets, for $65 Million

Remington filed for Chapter 11 bankruptcy protection for the second time in July. That was after a failed attempt to sell the company to the Navajo Nation and despite the biggest gun-buying boom in the history of the world. Since then, the company has been trying to sell off its various brands and operating units.

Today, the Wall Street Journal reports that . . .

Firearms maker Remington Outdoor Co. has agreed to sell its ammunition business out of bankruptcy to South Carolina-based investment firm JJE Capital Holdings LLC for $65 million plus the assumption of liabilities, subject to better offers.

The JJE offer came in the form of a stalking-horse bid, setting a floor on the sale price for Remington’s ammunition business, which the company has been marketing while in chapter 11. Remington filed for bankruptcy protection in July and has been open to selling its ammunition and firearms operations to pay off its debt.

The proposed deal outlined in papers filed Tuesday in the U.S. Bankruptcy Court in Decatur, Ala., covers the design and manufacturing of ammunition sold under the Remington and Barnes Bullets brands and includes production facilities in Arkansas and Utah.

Continue reading “”

Brownells Donates $50,000 to CRPA for California Magazine Limit Fight

Brownells is donating $50,000 to the California Rifle & Pistol Association to help fund the fight to restore freedom and standard-capacity magazines to California gun owners.

In August, a three-judge panel of the United States Court of Appeals Ninth Circuit upheld a previous decision against California’s ban on magazines in the Duncan v. Becerra case. The panel determined a ban on magazines with capacity of over 10 rounds violates the 2nd Amendment rights of Californians.

In an effort to delay striking down California’s draconian magazine ban, the California Attorney General’s office petitioned for an en banc review of panel’s ruling, extending the struggle for California gun owners to regain their Constitutionally-guaranteed rights.

To help see that struggle through to a victorious finish, Brownells is contributing $50,000 for CRPA’s efforts to the cause.

“The California Rifle & Pistol Association Foundation is proud of the partnership with Brownells to fight for the rights of all Americans to exercise their Second Amendment rights,” said CRPA Foundation Director of Development Rick Travis. “Brownells’ generous donation will be used 100% in the fight to see the Duncan v. Becerra case to a successful conclusion in restoring the Second Amendment in California.”

If the rulings against California’s magazine ban are upheld, they could serve as precedent in similar decisions against other similar bans enacted by anti-gun politicians in other states.

Geissele Donates 250,000 Masks for 2021 SHOT Show.

Geissele Automatics had donated a quarter million face masks for use by industry professionals attending the 2021 Shooting, Hunting and Outdoor Trade (SHOT) Show scheduled Jan. 19 to 21 in Las Vegas, NV.

Gatherings during the COVID-19 pandemic require added safety precautions, but to put the annual showcase of new firearms and gear into perspective, it attracts more than 50,000 attendees every year from dozens of nations. The 250,000 face masks will be distributed during the show, which is expected to cover 714,000 square feet of the Sands Expo Center. Continue reading “”

August Shatters Another Gun Sales Record

August 2020 saw more gun sales than any other August on record as Americans continue to rush to gun stores at a record pace.

Washington Free Beacon analysis of FBI data released on Tuesday found a 57 percent increase in sales compared to August 2019. There were at least 1.6 million sales in August 2020. Only two previous Augusts had broken a million sales, though limitations in FBI reporting means that not every gun sale is captured in the data. August represents the sixth month in a row to set a new sales record with March seeing the most gun sales of any month in the history of the FBI background check system.

Sales thus far in 2020 have soared past previous years. Sales through the first eight months of the year are up 43 percent over the previous record.

“In 15 years of teaching firearm safety, I have never seen a higher level of interest in guns,” Rick Ector, a Detroit-based firearms instructor, told the Washington Free Beacon. “I do not need to advertise, and my phone is constantly ringing.” Continue reading “”

One of Bloomberg’s front organization’s employees simply confirms that his elitism is mirrored in its management.
It’s kind of like he specifically filtered for that with Shannon Watts et al. isn’t it?


More internal trouble at Everytown For Gun Safety

In June, Mom-At-Arms compiled all of the negative Everytown Employee reviews of the company. ”Rampant racism“, “discrimination against people of color”, “little to no transparency”, etc etc etc. Well, days ago, another employee left a review on Glassdoor:

See? They don’t care. They’re only becoming “aware” because the Black Lives Matter movement is front and center and they’re using it to their advantage in order to recruit. What a mess (and that’s a good thing for us).

The Economy Is Struggling, but Gun Sales Are Soaring

OAKMONT, Pennsylvania — Long before you find yourself standing in front of the Smoke N’ Guns shop, the delicate aroma of coffee beans and hand-rolled cigars beckons your senses as you walk along Allegheny River Boulevard.

Outside the shop, four black leather chairs spread a respectable 6 feet apart are waiting for either the overflow of customers or locals such as Marcello Frollo to hold court. He enjoys a rolled cigar along with his double espresso as he listens to the cars rumble along the brick-lined street.

Inside, the store is a visual delight, with a coffee bar and a handful of tables and chairs at the entrance. Boxes filled with the best cigars money can buy are stacked high, and an impressive walk-in humidor is designed to keep them preserved at the perfect temperature.

In the back, a balcony overlooks the rest of the store and spans its entire width. A glass display case with an array of long guns hangs along the wall. In the center, begging to be held, is a Tommy gun. Gregory “Gooch” Ionadi, the owner, waits to help you find the gun you need or want to protect yourself.

That is, if there are any left to buy.

“Prior to the COVID outbreak, President Obama was the best gun salesman we ever had,” says Ionadi. “Anytime he was going to ban this, ban that, there was a rush on gun sales. When President Trump was elected, the fear of a gun ban subsided, and sales were so flat that several gun manufacturers went out of business.”

Things changed dramatically in gun shops across the country in February, when the first concentrated COVID-19 cases in one town were reported out of New Rochelle, New York. “We made more here in … March and April than we did in the last three years,” he says. “It was crazy.” Continue reading “”

Gun sales are rising in Michigan. The buyers might surprise you

Rick Ector was teaching an eight-hour concealed pistol license course in early July, and his cellphone wouldn’t stop vibrating.

Ector had just resumed teaching in-person lessons the month before. He hadn’t advertised. But people were calling to ask about enrolling in future courses, he said.

“It’s an explosion of interest from people who want to learn about guns,” said Ector, who has worked as a firearms instructor in Detroit for 13 years. “The interest in personal protection is on a level none of us (firearm instructors) has ever seen.” Continue reading “”

Gun sales continue to surge across the Seattle-area

Background checks gun sales firearm western Washington

After an initial spike in March, western Washington firearm sales remained far higher than usual over the first half of 2020.

Some point to the pandemic, others point to protests over racial injustice as prompting waves of sales. In the end, it has local officials noticing that a lot more guns have arrived in their communities.

When a customer purchases a firearm in Washington state, they must wait 10 business days before receiving the gun. During that time, the seller submits the customer’s information to their local police department for a background check.

In the first seven months of 2020, Seattle processed 9,426 background checks for gun sales. That is already a 55% increase over the city’s average for an entire year.

Seattle is not alone. Comparing background checks, June 2020 to June 2019:

  • Kirkland saw a 145% increase.
  • Kent saw a 119% increase.
  • Redmond, a 268% increase. The last seven Junes have averaged 68 background checks. This June saw 318 background checks.

caption: The number of background checks that Western Washington police departments performed for gun sales in June 2020 and June 2019.

Don’t Replace the NRA, Reform It

New York Attorney General Letitia James is suing the National Rifle Association, seeking to dissolve it over multiple incidences of fraud and mismanagement.

And the thing is, her case is pretty strong, in my opinion. Really, really strong. Wayne LaPierre has been the effective head of the NRA for decades now, and his … questionable financial decisions appear to have been made without the knowledge of the Board of Directors, who should (should) have oversight on such matters. This quote in particular jumped out at me:

Attorney General Letitia James claims in a lawsuit filed Thursday that she found financial misconduct in the millions of dollars and that it contributed to a loss of more than $64 million over a three-year period.

Let’s look at the number in context. The NRA is not the only nationwide gun rights organization. There is also the Second Amendment Foundation (SAF), which specializes in targeted legal cases to advance the right to keep and bear arms, the Gun Owners Of America (GOA), which claims to be the only “no compromise” gun group out there, and also the Citizen’s Committee for the Right to Keep and Bear Arms (CCRKBA). They all do good work. The Second Amendment Foundation in particular created the legal strategy which won both DC v. Heller and Macdonald v. Chicago, two pivotal cases for American gun owners.

But as noted firearms trainer Claude Werner pointed out on Facebook, the resources all three of those organizations have at their disposal pales in comparison to what the NRA can bring to the table. Continue reading “”