U.S. Awarded $30M in Bullet-Proof Vest Suit
WASHINGTON - Armor Holdings Products LLC has agreed to pay the United States $30 million to resolve allegations that it violated the False Claims Act by knowingly manufacturing and selling defective Zylon bullet-proof vests, according to the Justice Department.
American Elements to Expand Bismuth Production to Meet Demand for Lead-Free Bullets
American Elements, a manufacturer of engineered and advanced material products, has announced the further expansion of its bismuth metal facilities to meet growing demand for the metal in non-lead bullets and ammunition.
Sturm Ruger Announces Repurchase of 1.1 Million Shares of Its Common Stock
Sturm, Ruger & Company, Inc. (NYSE-RGR), has announced that during the third quarter of 2008 it repurchased 1.1 million shares of its common stock, representing 5.5% of the total shares outstanding at the start of the repurchase program, for $7.4 million in the open market.
Obama Campaign Unlawfully Misuses Proprietary Media List Says NSSF
The National Shooting Sports Foundation (NSSF) has accused the Obama campaign in Indiana of unlawfully obtaining and making unauthorized use of a proprietary media list belonging to the trade association.
Gun Shows Do Not Increase Homicides or Suicides
A new study finds no evidence that gun shows lead to substantial increases in either gun-related homicides or suicides.
Ruger Names Two New Distributors
Sturm, Ruger & Company, Inc. has added two new distributors--W. L. Baumler Co. of Loraine, Ohio, and Zanders Sporting Goods of Baldwin, Illinois-- to the list of authorized Ruger distributors.
ISRA Snags CCRKBA’s 2008 Affiliate of the Year Award
The Citizen's Committee for the Right to Keep and Bear Arms has recognized the Illinois State Rifle Association (ISRA) as CCRKBA's 2008 Affiliate of the Year.
ATK and FNMI Team to Win $53.4 Million Mk19 Grenade Machine Gun Contract
Alliant Techsystems (NYSE: ATK) and FN Manufacturing, LLC (FNMI), have received a $53.4 million contract from the U.S. Army Joint Munitions and Lethality Life Cycle Management Command, Picatinny Arsenal, New Jersey, to produce Mk19 Mod-3 Grenade Machine Guns (GMG).
Uncle Sam to Upgrade Existing M-24 Rifles
More than $3 million in congressionally-directed funding secured by U.S. Representative Michael A. Arcuri (D-Utica) and Senator Charles Schumer (D-NY) for Remington Arms to begin upgrading the U.S. Army's fleet of 3,000 M-24 Sniper rifles was approved Sept. 30.
Sig Sauer Sues Former Chairman for Safari Expenses
Sig Sauer Inc. has sued its ex-chairman Herbert M. Rudolf for more than $1 million, alleging that Rudolf used company funds to pay his personal tax bills and to fund hunting safaris in Africa.
Federal Firearms Licensing Center Moves to Martinsburg, West Virginia
Effective October 1, 2008, BATFE’s Federal Firearms Licensing Center will begin its permanent transfer of function from Atlanta, Georgia to Martinsburg, West Virginia.
Smith & Wesson Cuts Hunting Long Gun Production
Smith & Wesson Holding Corporation has eliminated approximately 80 hunting-related rifle production jobs at its Rochester, New Hampshire facility.
Weirdness in the Ammo Market
As the holidays arrive and we all think about buying presents for our loved ones, I wonder if we’ll have any money left over...