REMINGTON SELLS EVERYTHING! - TGC News!

Published on October 5, 2020
Duration: 11:00

This video provides a rapid-fire overview of significant industry news, including major acquisitions following Remington's bankruptcy, new product releases from KelTec and Blackwater, and updates on military contracts. Jon Patton, an industry analyst, breaks down the complex sale of Remington's assets to various companies like Vista Outdoor, Ruger, and JJE Capital, while also highlighting specific firearms such as the Blackwater Century shotgun and the Red Arrow Weapons rifle.

Quick Summary

The Remington bankruptcy resulted in a major asset sale: Vista Outdoor bought the ammo business, Round Hill Group the firearms, Ruger acquired Marlin, and JJE Capital (PSA) purchased DPMS, H&R, and AAC. New products like the KelTec P17, Blackwater Century shotgun, and Red Arrow Weapons rifle were also featured.

Chapters

  1. 00:00Introduction and KelTec Highlights
  2. 01:12Blackwater Century Shotgun
  3. 02:48Red Arrow Weapons .308 Win Rifle
  4. 03:31Federal FireStick Technology
  5. 05:03Knight's Armament Contract
  6. 05:27Remington Asset Sale Breakdown
  7. 08:09Kinetic Development Group SCAR Accessories
  8. 08:42Friendly Fire Q&A

Frequently Asked Questions

What happened to the Remington brand after its bankruptcy?

Following Remington's bankruptcy, its assets were sold off. Vista Outdoor acquired the ammunition business, Round Hill Group took over the firearms division, Ruger purchased Marlin, and JJE Capital (PSA) bought DPMS, H&R, and AAC, among others.

What new firearms were highlighted in the video?

The video showcased new products from KelTec, including the P17 (.22 LR, 17 rounds) and CP33 (33 rounds), the Blackwater Century 12-gauge shotgun, and the Red Arrow Weapons .308 Win rifle.

What is Federal's FireStick technology?

Federal's FireStick is an encapsulated powder charge designed for muzzleloaders, simplifying the loading and unloading process. It requires a compatible firearm, such as the Traditions NitroFire.

Did any military contracts get mentioned?

Yes, Knight's Armament secured a significant $25.6 million military contract for 5.56 suppressors, with the contract scheduled to run through 2027.

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