The NY Times reports that Colt is close to finalizing a bankruptcy plan which will give bond holders a severe “haircut” ie. Colt will owe them a lot less than they currently do. I have to admit that the specifics of this plan are to complex for me to [Read More…]
A South African man who lived next door to a shop that was being burglarized intervened with an illegally-owned handgun, shooting two and killing one. He was subsequently placed under arrest for murder, attempted murder, and the unlawful possession of a handgun. [Read More…]
This diagram shows the relationships of some of the larger companies within the gun industry and how they’re connected to whom, and what comprises different groups of companies. In other words the “Big Picture” of the origins of the firearms we all [Read More…]
Moody’s Investor Service has downgraded Heckler & Koch GmbH’s (Germany) Corporate Family Rating because the company may not have enough cashflow to pay the semi-annual $14 million of interest it owes on its EUR295 million debt. From the research [Read More…]
Recently, World Conflict Films promoted some combat footage from a Ukrainian infantry battalion named the “Donbass Battalion” in action against rebels in the Ukraine. Some of the Youtube movie is very revealing as to what the Ukrainan forces are actually [Read More…]
Beretta USA just posted this video on their page of some instructors explaining the equations necessary to make a long range shot from a handgun. They are using a Beretta PX4 Storm. Although engaging targets at anything beyond 50 meters with a handgun is well beyond [Read More…]
ISIS have left plenty of guns in their wake, and because of the threat they pose demand is high in Iraqi Kurdistan. In other words, it is a good time to be a Kurdish gun dealer. Matt Cetti-Roberts & Kevin Knodell write … Before ISIS you didn’t find many [Read More…]
Since 2009 Microsoft’s Code of Conduct has been applied to more and more of their online service. If a service is covered by this Code of Conduct, users of it are prohibited from using it in “any way that promotes or facilitates the sale of ammunition [Read More…]
Newsmax reports that the United States Postal Service is looking for vendors to sell it ammunition, which has upset some people who don’t think the postal workers should be buying ammo … Add the U.S. Postal Service to the list of federal agencies seeking to [Read More…]
The dream job for many TFB readers … (Wilsonville, OR) – Crimson Trace, the recognized leader in laser sights and tactical lights, announces a search to fill the company’s Director of Engineering position. This key employee provides strategic vision and [Read More…]
Wyff4.com reports that a thief fired shots at a business using a squash as a suppressor. He then threw a cinder block through the window and stole lottery tickets. … deputies say they saw someone walk up to the building and fire two shots from a gun that [Read More…]
Russian media have announced that Lieutenant General (Ret.) Mikhail Timofeyevich Kalashnikov, 94, passed away on 23 December after a prolonged illness. Kalashnikov was a great man, a technical genius, who designed a reliable and cheap gun for the masses, a design which [Read More…]
American Tactical Imports have announced their relocation from Rochester, New York to Summerville, South Carolina. They will be creating 117 new jobs in the region. Earlier this year, after New York passed the seven round magazine bill, I spoke to a company employee [Read More…]
Heizer Defense are suing Doubletap Defense in Federal Court, claiming ownership of patent No 8,495,831. This patent was applied for by DoubleTap Defense in 2011 and approved by the USTPO earlier this year. Heizer Defense and Doubletap Defense collaborated on the [Read More…]
The Russian state-owned defense giant Rostec is selling 49% of the new Kalashnikov Group to private investors for $77 million USD. At that price I think the Russian oligarchs who purchased the 49% stake got a very good deal. I must admit I did not see this [Read More…]
One of my most valued correspondents from the Philippines is a resident of the city of Zamboanga, Philippines. He sent me the above photo. He and his family have been living with the noise of gun fire, military imposed curfew, closed shops, closed businesses, closed [Read More…]
As I write this the elite Kenya Army troops are assaulting the Westfield shopping mall in Nairobi. According to the Kenyan government on Twitter (@InteriorKE) most of the hostages have been rescued and most of the mall is under government control. Many TFB readers [Read More…]
RUAG Ammotec, the small caliber ammunition subsidiary of European defense giant RUAG, have announced they are spending “upper double-digit million range” of Euros over the next few years to increase ammunition production because of heightened demand in the [Read More…]
Fox News reports … A report from KeyBanc Capital Markets cautioned that the firearms industry may be running out of steam, sending shares of Sturm, Ruger & Co. (RGR) and Smith & Wesson (SWHC) tumbling. Smith & Wesson, which was downgraded to [Read More…]
A roof collapse during a recent hail storm shut down production at Ruger’s manufacturing plant in Prescott, AZ recently. The plant is back in full operation, and Michael O. Fifer, Ruger’s CEO, gave details of the incident during the Q2 Earnings Conference [Read More…]
The German government is investigating a German arms manufacturer, Ministry of Defense employees and Bundeswehr general staff for corruption regarding a recent rifle acquisition. Apparently this unspecified rifle, which the media report as being [Read More…]
UPDATE: The rumor was wrong. They are actually just between production. I have been hearing rumors from credible sources that FNH-USA will soon be telling dealers that they will no longer be selling the FN FS2000 bullpup rifle (the civilian semi-automatic version of the [Read More…]
Remington has announced that they are planning a $32 million expansion of thier Lonoke, Arkansas ammuniution plant which should be completed by the second quarter of next year. The expansion is to help them meet increasing demand for ammunition domestically [Read More…]
Each year on the day before SHOT Show the media are invited to the Boulder City Range to test-fire all the new guns. Non-media industry people are technically not allowed. From next year onwards, there will be second range day on the first day of the show for “key [Read More…]
The Hollywood Reporter is reporting that Steven Spielberg will be directing a movie adaptation of Chris Kyle’s autobiography that will star Bradley Cooper … Steven Spielberg has found his next directing project: an adaptation of American Sniper, the [Read More…]
Matthew Cox at Military.com has broken the news that the Pentagon has finally got its way and the Individual Carbine Competition will be cancelled. The U.S. Army plans to cancel its Improved Carbine competition before conducting the final, soldier-evaluation portion of [Read More…]
A jury has found that Diamondback Firearms infringed upon patent #5502914 that is held by Kahr Arms (Saelio Inc). The patent in question describes a striker and cocking mechnism invented by Kahr founder Justin Moon. Kahr made the following statement to the press [Read More…]
Vice has published fascinating footage they filmed during an insurgent assault on a Mali city. The troops seem to adopt the Oscar Pistorius tactical doctrine and shoot indiscriminately at a court house, deserted buildings, through closed doors into empty rooms [Read More…]
During the recent fighting in northern Burma, pictures of a peculiar Chinese Type 81 have emerged in use with the Kachin Independence Army(KIA) rebel group. Due to it’s proximity to the Golden Triangle (area where Thailand, Laos, and Burma meet, rife with the heroin, [Read More…]
This year I only have two predictions … The Zombie craze will finally begin to die down. Remington will announce a sub-compact pistol (or announce they have purchased a company that makes a sub-compact). Anyone have any other predictions?
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