January 5th, 2010

Freedom Group (Cerberus) Acquires Barnes Bullets

Cerberus Capital Managment, through its Freedom Group holding company, has acquired yet another well-known gun industry company: Barnes Bullets. On December 31, 2009, Freedom Group, Inc. entered into a purchase agreement to acquire certain assets of Barnes Bullets.

In recent years, Cerberus/Freedom Group has acquired Remington, Bushmaster, Marlin, H&R, DMPS and other smaller firearms-related companies. By acquiring Barnes, the Freedom Group gains entry into the ammunition component business at a time when brass, bullets, and powder remain in high demand. As the Freedom Group continues to build a vertically integrated firearms-related mega-corp, one wonders if Cerberus will look to acquire a powder-maker next. Freedom Group already sells Remington-brand factory-loaded ammunition.

Barnes Bullets, located in Mona, Utah, is the industry-leading supplier of copper bullets, including copper-tin composite core bullets. Barnes is a major player in the “lead-free” bullet market. This has become important as lead-core bullets have been banned in many hunting areas, and lead-free bullets are required in many indoor shooting facilities. Barnes Bullets will continue day-to-day operations at Utah facility under the guidance of company founder, Randy Brooks.

Ted Torbeck, CEO of the Freedom Group, Inc. stated: “With the acquisition of Barnes, the Freedom Group continues to demonstrate our commitment to the ammunition business. Barnes offers a premium line of high performance bullets for the hunting and shooting communities; and for law enforcement, military and commercial consumers. We are excited about their R&D capabilities and the breadth of the products they bring to our portfolio.”

Cerberus Freedom Group

Freedom Group is now one of the world’s largest producers of guns and ammo. Freedom Group brands include Remington, Bushmaster, DPMS/Panther Arms, Marlin, H&R, NEF, LC Smith, Parker, EOTAC, AAC, Dakota and INTC. The company distributes its products throughout the U.S. and in over 80 foreign countries. Learn more at www.freedom-group.com.

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January 5th, 2010

Videos Show New Remington Military Rifles

New Remington Arms product videos, prepared for SHOT Show, have hit the internet. Featured in the videos are the Remington/Bushmaster Adaptive Combat Rifle (ACR) and the new Modular Sniper Rifle (MSR). Remington is hoping the U.S. Military will purchase large numbers of the new firearms, and Remington plans to sell, in the civilian market, a semi-auto version of the innovative ACR.

The ACR is based on the MagPul Masada prototype. It features a gas-piston upper, and quick-change barrel system. Initial tests demonstrated that the ACR offers a much higher MTBF (mean time between failure) rate than the M16-family of direct-gas-impingement rifles currently used by the military. The ACR also runs cleaner and cooler. Watch the video and you’ll see some amazing cut-away animations that show how the ACR’s internals work and how the barrel can be changed in seconds.

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In the video below, Remington demonstrates the features of its new Modular Sniper Rifle (MSR). This rifle is Remington’s entry into the competition for the new SOCOM Precision Sniper Rifle (PSR). Big bucks are at stake. The SOCOM PSR contract is potentially a seven-figure deal for Remington.

YouTube Preview Image

The MSR features a beefy new titanium receiver with the ability to handle multiple chamberings up to .338 Lapua Magnum. The MSR was designed from the ground up as a switch-barrel rig, with a floating handguard, and folding, adjustable buttstock. The whole system is modular. By exchanging bolt-face, barrel, and magazine, the gun can switch from .308 Win (7.62×51), to 300 Win Mag, to .338 Norma Mag, and to .338 Lapua Mag.

Remington MSR

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