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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private equity investment firm.
Özyurt Arms Özyurt Arms Türkiye Military Pakistan Ordnance Factories: Pakistani state-owned defense corporation: Pakisan Military Panther Arms Phoenix Arms: Phoenix Arms: United States Civilian PSA Palmetto State Armory: Palmetto State Armory United States Civilian Handguns, shotguns, rifles, ammunition, knives Pardini Arms: Pardini Arms ...
They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction.
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3]
On May 31, 2012, Cerberus completed the sale of textile company Guilford Mills to Lear Corporation. [34] On December 18, 2012, the company announced that it would divest its assets in Remington Outdoor Company, formerly Freedom Group. [35] However, as of September 24, 2013, it had not sold any of the Remington Outdoor Company. [36]
Freedom Arms: General Atomics: General Dynamics: Gladding-Hearn Shipbuilding: GM Defense: Metal Shark Boats: Harris Gunworks: Henry Repeating Arms: Hodgdon Yachts: Honeywell: Hornady Manufacturing Company: Huntington Ingalls Industries: Ithaca Gun Company: Kahr Arms: Kaman Aerospace: Kel-Tec: Kimber Manufacturing: Knight's Armament Company ...
Remington Arms manufactured many different models of rifles, shotguns, and handguns during its existence. A smaller number of products have been offered under the Remington Firearms brand. [ 17 ] As of March 2024 [update] , the following models were listed on the company's website: [ 18 ] [ 19 ]
The design has been used on many AR-10 derivatives (generally referred to as AR-308 style rifles), for instance in the Knight's Armament SR-25 and DPMS Panther LR-308, as well as bolt-action rifles such as the Mossberg MVP .308, Ruger Precision Rifle and Q FIX. Aftermarket magazines are produced by Magpul, Lancer Systems, and others. [1]
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