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GunBroker.com was founded by Steven F. Urvan after eBay started restricting gun sales. [ 3 ] [ 4 ] Urvan ran the company until it was acquired by Ammo, Inc in 2021. [ 5 ] At the closing of merger, it had $60 million in revenue and 6 million registered users.
Randy Luth founded Defense Procurement Manufacturing Services (DPMS) in 1985 in Osseo, Minnesota, as a precision machine shop for manufacturing M203, M14 and M16 parts for U.S. military contracts. In the later 1990s, the company employed 30 people selling Colt 1911 and AR-15 parts and accessories and moved the company to Becker, Minnesota .
MidwayUSA (formerly Ely Arms, Inc.) was a small start-up gun shop in Columbia, Missouri that opened on June 18, 1977. The business was opened by Larry Potterfield, with his next younger brother Jerry, in a 151 square metres (1,630 sq ft) metal, pole-frame building. Jerry sold his half interest to Larry in 1980 and returned home to farm. [1]
Other companies that saw large upticks included Ammo Inc., which had a rise in stock price of around 15 percent, and outdoor sporting goods chain Vista Outdoor Inc. rose by around 1.15 percent.
The company was the primary developer of the .17 HMR and .17 HM2 rimfire cartridges, which has become increasingly popular for small game and vermin hunting. Hornady has worked closely with firearms maker Sturm, Ruger on the development of the new line of Ruger cartridges including the .480 Ruger , .204 Ruger , and .375 Ruger .
Barrett Firearms Manufacturing is an Australian-owned, American manufacturer of firearms and ammunition located in Christiana, Tennessee.It was founded in 1982 by Ronnie G. Barrett for the purpose of building semi-automatic rifles chambered for the .50 BMG (12.7×99mm NATO) ammunition, originally developed for and used in M2 Browning machine guns.
Shares of Connecticut gun manufacturer Sturm, Ruger & Company initially surged over 10%, eventually trading about 6% up from its Friday close at $41.36. A small-cap name in the gun industry also ...
The following list of modern armament manufacturers presents major companies producing modern weapons and munitions for military, paramilitary, government agency and civilian use. The companies are listed by their full name followed by the short form, or common acronym, if any, in parentheses. The country the company is based in, if the ...