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Armscor, whose manufacturing facility is located in Marikina, produces about 200,000 firearms and some 420 million rounds of ammunition a year, where 80 percent of this is exported and sold to over 60 countries. The company was known as the Arms Corporation of the Philippines (Armscor) until 2017. [1]
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Saf-T-Hammer assumed US$30 million in debt, bringing the total purchase price to US$45 million. [5] [6] Saf-T-Hammer, a manufacturer of firearms locks and other safety products, purchased the company with the intention of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 agreement. On ...
In 2009, the company began manufacturing its own rifles and cold hammer forged barrels. [3] The company produced 24 guns in 2009, and 10,000 guns in 2010. [6] The company manufactured slightly fewer than 53,000 guns in 2020, with less than 1% of U.S. firearms market share. [4] The company's flagship product is the Daniel Defense DDM4 AR ...
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Stansfield aimed to build on the once-vibrant defence industry generated by the Rhodesian Bush War. He thus contracted with the separate firms that had once manufactured armoured vehicles, munitions, and small arms during that conflict and offered them an inroad into the export market under the auspices of a united Zimbabwe Defence Industries. [7]
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In today's edition: The college GM arms race, five teams to watch ahead of the NBA trade deadline, January baseball, Embiid misses his 400th game, $300 million for one goal, and more.