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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.
In response to concerns that the federal and state governments would limit the sale of firearms and ammunition, sales of firearms hit an all-time high in December 2012, with the FBI reporting that 2.8 million NICS background checks were performed that month, [11] with the vast majority after the date of the shooting. A corresponding large ...
The 2020–present United States ammunition shortage is the most recent of all the ammunition shortages in the United States.It arose out of the COVID-19 pandemic in the United States, the 2020 United States presidential election, and the George Floyd protests.
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]
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 ...
The facilities at CAAA include more than 200 production buildings, a 72,000-square-foot (6,700 m 2) machine shop, roughly 1,800 storage buildings for both explosive and inert ammunition with a total capacity of 4,800,000 square feet (450,000 m 2), an 80-acre (320,000 m 2) demolition range and 40 acres (160,000 m 2) of ammunition burning grounds.
Raid on Vågsøy, 27 December 1941.British commandos watch as an ammunition dump burns (Operation Archery).An ammunition dump, ammunition supply point (ASP), ammunition handling area (AHA) or ammunition depot is a military storage facility for live ammunition and explosives.