If you’re a firearms enthusiast, you’re almost certainly familiar with the venerable 1911. And if you’re a 1911 fan, you have no doubt at least heard of Kimber. Though they are certainly not the only 1911-centric shop in the game, they are easily one [Read More…]
In a surprise announcement at the 2018 SHOT Show, gunmaker Weatherby revealed that they will be leaving the state of California, where they have been based since their founding in 1945. The company’s new home will be Sheridan, Wyoming, the sixth largest city in [Read More…]
Broadsword Group, LLC, the owners of Sharps Rifle Company (makers of the Relia-Bolt and .25-45 Sharps upper receivers for the AR-15), has been ordered to pay nearly three quarters of a million dollars to one of its founding members, Michael H. Blank, by the US District [Read More…]
With the recent push for small arms ammunition with increased range, power and capability, are military customers in danger of being taken for a ride by industry marketeers working to sell rifles in new calibers? Is the primary driving force behind new infantry [Read More…]
We have just seen the cancellation of the Interim Combat Service Rifle, which gives me a good springboard to talk about marketing. Specifically, we will be discussing a kind of undercover word-of-mouth marketing that I’ve encountered a number of times over the [Read More…]
Orbital ATK, the defense contractor who manages and operates the Lake City Army Ammunition Plant, will soon be bought by defense giant Northrop Grumman, according to an article released on Reuters. The purchase price is expected to be close to $8 billion USD. From [Read More…]
According to a press release issued earlier today by Heckler & Koch, the Chairman of the Executive Board and Chief Executive Officer of parent company H&K AG Norbert Scheuch has been terminated from his position by the supervisory board. The release also stated [Read More…]
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…]
The post-election gun industry downturn has hit Federal Premium Ammunition, which laid off a significant number of its employees earlier this month. 110 of the roughly 1400 workers at the company were let go from the company’s Anoka, Minnesota plant, the company [Read More…]
Heckler & Koch announced on the 17th that the primary shareholder, Andreas Heeschen, has provided H&K’s GmbH’s parent company, H&K AG with 60 million Euros. The new shareholder loan is to assist with H&K GmbH’s cashflow and repayment of [Read More…]
It seems the recent Ares Armor drama may soon be resolved. After publicly firing founder Dimitrios Karras, the CEO of the company Bryce Stirlen has apologized in an open letter for the firing and his public remarks. This comes after Karras responded, telling his side [Read More…]
Heckler and Koch announced in a recent press release that Nicola Marinelli has been appointed to the Board of Executives, and would be taking over as manager of operations: Oberndorf. Effective June 1st, 2015, Nicola Marinelli has been appointed to the Executive Board [Read More…]
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