Archive for the ‘Industry News’ Category

HK to Go After Airsoft Replicas

June 29th, 2009

Apparently H und K is now suing every manufacturer of Airsoft guns for copyright infringement

This seems counterproductive. And business as usual for the civilian side of HK, such as it is. That’s too bad.

Via Uncle.

Gun Stocks

June 24th, 2009

Stock traders suspect that the gun sales boom may be drawing to a close.

Shares of the nation’s major firearms makers fell Monday on analyst concerns that the postelection surge in hand gun sales may be coming to an end.

Both Sturm Ruger & Co. Inc. and Smith & Wesson Holding Corp. declined following an article in the business publication Barron’s, which suggested that the companies could see slowing consumer demand for their firearms.

The news dragged stocks lower, but it wasn’t completely unexpected, said Cai von Rumohr, an analyst with Cowen and Co.

“This has been the concern ever since the gun sales started to pick up,” he said in an interview.

Everyone knows that the surge can’t keep up forever. The recent year-over-year growth rates of 15% are solid but not outrageous.

Not only will demand likely slow, but ramped up production of guns and ammunition could lead to a lowering of sometimes-crazy prices. And store stocks should get back to where you actually have a choice.

Topic under discussion at Say Uncle and Snowflakes.

Remington ACR

June 21st, 2009

The Firearm Blog has more Remington ACR promotional material.

New Brownells Site Design

June 19th, 2009

Brownells:

Redesigned Website at Brownells.com

Redesigned Website at Brownells.com

I don’t think I ever had any problems with the old site, to be honest. Well, maybe the search function wasn’t always the best, but that’s not an uncommon issue anyway. They say that the search, specifically, has been improved. I’m looking forward to seeing how it works.

Gun Sales Still Not Levelling Off

June 16th, 2009

Still Going Strong

Still Going Strong

From the NSSF:

Data released by the FBI’s National Instant Criminal Background Check System (NICS) show a 15.4 percent increase in background checks on the sale of firearms in May. There were a total of 1,023,102 background checks in May, up from 886,183 reported in May 2008. The May increase follows a 30.3 percent increase in April, a 29.2 percent gain in March and rises of 23 percent in February, 28 percent in January, 24 percent in December and 42 percent in November when a record 1,529,635 background checks were performed. The increase coincides with an uptick in excise taxes reported by firearms and ammunition manufacturers, another key economic indicator for the firearms industry.

Bushmaster for Alabama Department of Public Safety

June 12th, 2009

Alabama DPS Chooses Bushmaster Carbines

After extensive evaluation, the department selected Bushmaster due to its accuracy, durability and overall performance. John DeSantis, President and General Manager of Bushmaster Firearms, said “We are extremely proud of the reputation our rifles have in the law enforcement community. We continue to produce our rifle barrels with high-quality steel and hard-chromed bores and chambers for long life and accuracy, which police agencies desire in a patrol or special operations rifle.”

They’ll be purchasing 300 of of the Bushmaster Patrolman’s Carbines with 16″ barrels.

Remington Acquires Dakota Arms

June 10th, 2009

The empire continues to grow:

Remington Arms Company, Inc. through its fully owned subsidiary DA Acquisitions LLC has entered into a purchase agreement to acquire certain assets of Dakota Arms, LLC including the Dakota, Miller Arms, Dan Walter and Nesika Bay Precision brands. The transaction closed on June 5, 2009.

GunPundit.com