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October 21st, 2013

Can Your Rifle Beat This XP-100 Pistol for Accuracy?

Report by Boyd Allen
This pistol belongs to Dan Lutke, a Bay Area benchrest shooter who publishes the results for the Visalia matches to the competitors and the NBRSA. He has been an enthusiastic competitor for an number of years, at various ranges, notably Visalia and Sacramento. The action is a Remington XP-100, to which a Kelbly 2 oz. trigger has been fitted. On top is an old Japanese-made Tasco 36X scope (these were actually pretty darn good). The Hart barrel (a cast-off from Dan’s Unlimited rail gun) was shortened and re-chambered for the 6x45mm, a wildcat made by necking-up the .223 Remington parent case. The custom stock/chassis was CNC-machined by Joe Updike from 6061 Billet Aluminum to fit the XP-100 action and mount a target-style AR grip with bottom hand rest. The gun was bedded and assembled by Mel Iwatsubu. In his XP-100 pistol, Dan shoots 65gr custom boat-tails with Benchmark powder.

XP100 target pistol 6x45 6x45mm benchrest

TEN Shots in 0.303″ at 100 Yards
How does Dan’s XP-100 pistol shoot? Look at that target showing TEN shots at 100 yards, with eight (8) shots in the main cluster at the top. The ten-shot group measures .303″ (0.289 MOA), as calculated with OnTarget Software. Not bad for a handgun! What do you think, can your best-shooting rifle match the 10-shot accuracy of this XP-100 pistol?

XP100 target pistol 6x45 6x45mm benchrest

XP100 target pistol 6x45 6x45mm benchrest

This diagram shows the most common 6x45mm wildcat, which is a necked-up version of the .223 Remington parent cartridge. NOTE: The dimensions for Dan Lutke’s benchrest version of this cartridge may be slightly different.

XP100 target pistol 6x45 6x45mm benchrest
ACAD drawing by Peter Gnanapragasam CC by SA 3.0, via Wikimedia Commons. Title Added.

Story tip from Boyd Allen. We welcome reader submissions.
Permalink Bullets, Brass, Ammo, Gunsmithing 6 Comments »
September 6th, 2013

ATK Acquires Bushnell Group Holdings for $985 Million

ATK Alliant Techsystems buys Bushnell Bolle Hoppes Weaver RCBS CCIIt’s official — ATK is acquiring Bushnell — for a whopping $985 million. ATK (Alliant Techsystems) has executed a definitive agreement to acquire Bushnell Group Holdings, Inc., a leading maker of branded sports optics, outdoor accessories, and eyewear. In addition to rifle scopes, Bushnell makes rangefinders, binoculars, spotting scopes, GPS units, sunglasses, and more. Bushnell sells a myriad of other products for outdoorsmen through its brands Simmons, Tasco, Millet, Butler Creek, Bollé, Serengeti, Hoppe’s, Night Optics, Primos, Stoney Point, Hoppe’s, and Uncle Mike’s.

Under the terms of the transaction, ATK will pay $985 million in cash, subject to customary post-closing adjustments. Bushnell’s projected sales for calendar 2013 are approximately $600 million. ATK will finance the acquisition through a combination of $900 million of secured financing, borrowings under its existing revolving credit facility, and cash on hand. The transaction is subject to regulatory approvals and customary closing conditions. ATK anticipates closing the transaction in the third or fourth quarter of its Fiscal Year 2014.

Mark DeYoung, ATK President and CEO states: “This [Bushnell] acquisition will broaden our existing capabilities in the commercial shooting sports and expand our portfolio of branded shooting sports products. In addition, this transaction will allow the company to effectively enter new sporting markets in golf, snow skiing and camping.”

Bushnell markets 19 outdoor brands in sports optics, outdoor accessories and performance eyewear, including the Bushnell brand and other notable brands such as Primos, Bollé, Hoppe’s, Uncle Mike’s, Butler Creek, and Serengeti. Founded in 1948, Bushnell is headquartered in Overland Park, Kansas and employs approximately 1,100 workers worldwide.

Bushnell Will Become Part of ATK’s Sporting Group of Companies
ATK will integrate Bushnell into its Sporting Group within its existing accessories business. ATK Sporting Group’s ammunition brands include Federal Premium, CCI, Fusion, Speer, Estate Cartridge and Blazer. ATK’s accessories brands include Alliant Powder, RCBS, Weaver Optics, BLACKHAWK!, Champion, Outers, and Gunslick Pro. In June 2013, ATK acquired Savage Sports Corporation, adding centerfire and rimfire rifles, shotguns and shooting range systems used for hunting, competitive and recreational shooting to its product offering.

Permalink News, Optics No Comments »
March 2nd, 2013

Bushnell Outdoor Products May Be Sold in Billion-Dollar Deal

Got a billion dollars burning a hole in your pocket? Bushnell Outdoor Products (Bushnell) is up for sale according to Reuters. Bushnell, which has annual revenues of $450 million, is going to be sold off by its current owners, MidOcean Partners (private equity firm). Reuters reports that Kansas-based Bushnell could be sold lock, stock and barrel in a billion-dollar deal. The potential buyer(s) have not been revealed.

Bushnell Midocean partners sale billion

Bushnell was founded in 1948. The company makes scopes, binoculars, GPS units, laser rangefinders, GameCams, eyewear, and other outdoor gear. Bushnell is the parent of many other outdoor product brands, including: Bollé, Butler Creek, Final Approach, Hoppe’s, Millett, Night Optics, Primos, Serengeti, Simmons, Stoney Point, Tasco, and Uncle Mike’s. Last year the Bushnell group of companies had $100 million in earnings before taxes, interest, and depreciation.

Bushnell Midocean partners sale billion
Permalink News, Optics No Comments »