Optics maker EOTech agreed to pay the government $25.6 million Tuesday for selling defective sights to military and federal law enforcement agencies.
ATF agents warned him that he was committing a crime after 11 guns he sold through Arms List were intercepted on their way to Beirut, but he continued anyway.
Moody’s downgraded Remington’s corporate rating for weak performance and expects that the company will not make meaningful improvements in the coming years.
Remington has won, lost or settled scores of lawsuits because of the Walker trigger, but a new case targets the company’s replacement trigger, the X-Mark Pro.
Heckler & Koch’s majority shareholder loaned the company 60 million euros of his own money to get the arms maker back on track.
Legislation swapping New Jersey’s current smart gun law for one requiring dealers to carry the gun in stock is now headed to the full senate.
Texas-derringer company, Bond Arms, acquired the assets and product line of Boberg Arms, which is known for a unique bullpup pistol design.
Investors expressed interest in growth in ammo sales during Thursday’s conference call with Vista Outdoor Inc., which reported $32.7 million in second-quarter earnings.
Along with a court-approved plan to bring it out of bankruptcy, Colt released projections showing sales growing by $85 million after four fiscal years.
The National Rifle Association on Wednesday published a review of the Armatix iP1 smart gun they have been sitting on for 16 months, and it was not glowing.