Palmetto State Armory BUYS REMINGTON? - TGC News!

Published on September 21, 2020
Duration: 10:37

This video from The Gun Collective covers significant industry news, including Palmetto State Armory's potential acquisition of Remington's ammunition business. It also features in-depth looks at high-end firearms like the GM6 Lynx .50 BMG bullpup rifle and the Gunwerks Lite SabR integrally suppressed rifle, providing technical specifications and pricing. The report highlights legal updates and addresses viewer questions about the ongoing ammunition shortage.

Quick Summary

The Gun Collective reports on Palmetto State Armory's potential $65 million acquisition of Remington's ammunition business. The video also provides detailed reviews of the GM6 Lynx .50 BMG bullpup rifle ($14,750 MSRP) and the Gunwerks Lite SabR integrally suppressed rifle ($12,800 MSRP), alongside updates on industry legal battles and the ongoing ammo shortage.

Chapters

  1. 00:00Introduction & IWI Showcase
  2. 01:00GM6 Lynx .50 BMG Deep Dive
  3. 03:15Gunwerks Lite SabR Overview
  4. 05:14Industry Lawsuits & Legal Updates
  5. 06:21PSA/JJE Capital & Remington News
  6. 08:25Viewer Q&A & Ammo Shortage

Frequently Asked Questions

What is the significance of Palmetto State Armory potentially buying Remington's ammunition business?

JJE Capital Holdings, the parent company of Palmetto State Armory, has made a $65 million offer for Remington's ammunition division. This move signifies PSA's ambition to become a major player in the firearms industry, expanding beyond firearms manufacturing into ammunition production.

What are the key features of the GM6 Lynx rifle?

The GM6 Lynx is a Hungarian-made, semi-automatic .50 BMG bullpup rifle known for its sub-MOA accuracy. It features a reciprocating barrel system to help manage recoil and is now being imported into the US by Hurricane Butterfly. Its MSRP is $14,750.

Can you describe the Gunwerks Lite SabR rifle?

The Gunwerks Lite SabR is a lightweight, integrally suppressed bolt-action rifle built on an XLR Industries magnesium chassis. Chambered in .338 RCM, it features a 14-inch rifled barrel combined with an 8-inch suppressor and has an MSRP of $12,800.

What legal news was mentioned in the video?

The video reported that New Frontier Armory settled with New Jersey over magazine sales for $50,000. Additionally, Glock successfully sued Airsplat.com for patent and trademark infringement, winning over $2.2 million in damages.

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