Category: Companies

HK HUNDREDS OF MILLIONS IN DEBT: German Firm Heckler & Koch Reportedly €170 MILLION in the Red

Via a press release published earlier this month, German gunmaker Hecker & Koch announced it had reduced its financial debt to a mere €170 million (~$194 million US), thanks to an equity increase of €50 million via a capital shares increase. With this, the [Read More…]

$52 MILLION Contract Issued to Vista Outdoor for Mk. 311 Ammunition by US Army

Alliant Techsystems’ (ATK) spinoff company Vista Outdoor has won a contract worth $52 million for Mk. 311 Mod 3 frangible ammunition to supply the US Army, with a completion date of June 22, 2022, according to the June Department of Defense contracts press [Read More…]

Mossberg conversion kit