Firearm Industry News Archives | Page 7 of 46

February 12, 2021February 12, 2021

Ammo Inc. May Purchase Gunbroker.com for $240 million

From AMMO Inc.

AMMO, Inc. (Nasdaq: POWW ) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to announce it has entered into a non-binding letter of intent (“LOI”) dated February 9, 2021 with IA Tech LLC for its GunBroker.com business (GunBroker.com), the world’s largest on-line auction marketplace dedicated to firearms, hunting, shooting and related products. The Transaction will involve a merger or business combination resulting in GunBroker.com becoming a wholly-owned subsidiary of AMMO (the “Transaction”).

GunBroker.com Transaction

GunBroker.com is the world’s leading online marketplace for the legal sale of firearms, ammunition and accessories with over 6.0 million registered users
GunBroker.com’s estimated 2020 revenue of approximately $60 million, over $40 million of EBITDA, positive net income and strong free cash flow
Purchase price of approximately $240 million, representing a purchase price to EBITDA multiple of less than 6.0x
Transaction further expands upon AMMO’s vertical integration strategy
Current AMMO shareholders will own the majority of the combined company

“This Transaction is accretive to our shareholders and will be another vertical integration milestone for the Company which diversifies our revenue base with high profit-margin business offered through a premier brand deploying best-in-class secure transactional technology,” said Fred Wagenhals, AMMO’s Chairman and CEO.

Mr. Wagenhals noted that “we founded AMMO to be a disruptive technology-based company that could serve the shooting community with cutting-edge ammunition offerings, whether that be for the military, law enforcement, hunting or recreational shooting communities. GunBroker.com is a perfect fit and supports AMMO’s mission across many levels. Steve Urvan had the foresight and entrepreneurial drive to start GunBrokers.com more than 20 years ago with the same spirit and vision. With his drive and intimate understanding of how to serve our collective market, Steve created the world’s largest online marketplace for the purchase and sale of firearms, ammunition, and accessories.” Mr. Wagenhals explained that “the combination made sense to our management team and Board as it expands our ability to best ensure the retail market continues to be served at the highest level while affording AMMO with an opportunity to enhance its sales channels, operating margins and drive increased shareholder value.”

Steve Urvan commented: “I am excited at the prospect of bringing the GunBroker.com technology platform, marketplace, and my world-class team to the AMMO family of companies. GunBroker.com has long been the technology leader in the industry and we look forward to continuing to build innovative products and solutions for our expanding and loyal customer base.”

Pursuant to the terms of the LOI, the parties intend to sign a definitive agreement (the “Definitive Agreement”) and work expeditiously to close the Transaction on or before March 31, 2021. The final structure of the Transaction will be determined by the parties following the receipt of tax, corporate, and securities law advice. GunBroker.com’s enterprise value in the Transaction has been valued at approximately $240 million, which will be paid by the Company via a combination of cash and shares of common stock.

The completion of the Transaction is subject to a number of conditions, including but not limited to the following: completion of mutually satisfactory due diligence, execution of the Definitive Agreement, successful completion of a capital raise, and receipt of all required corporate and third-party approvals, including fulfillment of all applicable regulatory requirements and conditions necessary to complete the Transaction.

No assurances can be made that the parties will successfully negotiate and enter into a Definitive Agreement, or that the proposed Transaction will be closed on the terms and/or timeframe currently contemplated, or at all. As noted above, the Transaction remains subject to a regulatory and Board approval, along with other customary conditions.

Maxim Group LLC served as sell side advisor to IA Tech LLC for its GunBroker.com business.

About AMMO, Inc.

With its corporate offices headquartered in Scottsdale, Arizona. AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense. The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes branded munitions as well as its patented STREAK^™ Visual Ammunition, /stelTH/^™subsonic munitions, and armor piercing rounds for military use. For more information, please visit: www.ammo-inc.com.

About GunBroker.com

GunBroker.com is the largest online marketplace dedicated to firearms, hunting, shooting and related products. Aside from merchandise bearing its logo, GunBroker.com sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents. Launched in 1999, GunBroker.com is an informative, secure and safe way to buy and sell firearms, ammunition, air guns, archery equipment, knives and swords, firearms accessories and hunting/shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms. For more information, please visit: www.gunbroker.com.

Forward Looking Statements

This document contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies, goals and objectives of management for future operations; any statements concerning proposed new products and services or developments thereof; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.

Forward looking statements may include the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words, or the negative thereof. These forward-looking statements present our estimates and assumptions only as of the date of this report. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. We do not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the dates they are made. You should, however, consult further disclosures and risk factors we include in Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on Form 8-K.

Reminder – Earnings Call

AMMO’s Fiscal Third Quarter 2021 Earnings Call is scheduled for Tuesday, February 16th, 2021 (4:30 pm Eastern Time). To participate in the conference call, please join by dialing 1-877-407-0789 (domestic), 1-201-689-8562 (international), or via webcast (http://public.viavid.com/index.php?id=143495) at least 5-10 minutes prior to the scheduled start and follow the operator’s instructions. When requested, please ask for “AMMO, Inc. Fiscal Third Quarter 2021 Earnings Call.”

February 11, 2021February 11, 2021

Top-Selling Semi-Auto Pistols of 2019

By Guy J. Sagi

Gunbroker.com ranks firearms sold by FFLs using its services and here’s a look its list of top-selling semi-auto pistols of 2019—with full details, just in case you overlooked something new and cool. FBI NICS figures provide a snapshot of overall firearm sales nationwide, but the monthly report does not reflect which models are selling best.

Gunbroker.com’s Gun Genius website organizes the firearm rankings into a variety of subcategories and styles monthly and annually. It provides a few details on each gun, but this compilation includes more specs and history. Bear in mind, however, the findings reflect volume of sales by FFLs that use the services of Gunbroker.com, not the brick-and-mortar retailers that constitute the bulk of gun sales nationwide.

No. 1—SIG Sauer P365 Nitron Micro-Compact

The SIG Sauer P365 Nitron Micro-Compact was winner among the top-selling semi-auto pistols of 2019 on Gunbroker.com. In fact, it also held that title in 2018, the year it was introduced.

Its primary mission is concealed carry, a growing market. Add the company’s reputation for quality with an MSRP of only $599 (as of 2020), and it’s the formula for success—with the numbers to prove.

The striker-fired 9 mm weighs in at only 17.8 ounces and can run +P loads. Overall length is 5.8 inches, width 1.06 inch and height 4.3 inches. The carbon-steel barrel measures 3.1 inches.

A pair of 10-round capacity magazines ship with each P-365 Nitron Micro-Compact. Optional 12-round versions are available.

The frame and slide are stainless steel, with the latter sporting a businesslike Nitron finish appropriate for a carry handgun. Polymer grips help minimize perceived recoil and a manual-safety version of the pistol is now available.

Sights are SIG Sauer’s X-RAY3 Day/Night Sights, a three-dot tritium system that provides fast target acquisition in low-light conditions, as well as in broad daylight—when the three dots alignment intuitively against their housing’s black finish. It’s a nice touch on a gun at this price, because purchasing a set of these sights separately will set you back more than $100.

No. 2—Glock G26

For the second year in a row the Glock G26 has claimed runner-up honors. Like the top-place-finishing SIG, it’s also a sub-compact designed for everyday carry or backup duty.

Glock introduced its original G26 to American enthusiasts in 1996, but the Gen5 improvements added to select models in August of 2017 breathed new life into a number of its veteran variants. When they arrived on this time-proven 9 mm, sales soared with refinements that include a tougher, more durable Glock nDLC finish on the slide and barrel. The latter was also upgraded to the company’s “Marksman” version with improved rifling, enhanced accuracy and refined crown. The ambidextrous slide stop lever adds appeal to southpaws and the subtly flared mag well speeds reloads. Perhaps more importantly, depending on opinion, finger grooves are gone from the grip.

The Glock reputation for quality and reliability didn’t change, though. The striker-fired semi-auto weighs in at 21.69 ounces with an empty magazine and has a 3.43-inch barrel. Three standard magazines come with the pistol and have a capacity of 10 cartridges. The company also offers 12-, 15-, 17-, 19-, 24-, 31- and 33-round versions. The forged-steel slide measures 6.26 inches and the frame is polymer. The steel barrel has a 1:9.84-inch, right-hand rate of twist.

The double-action-only pistol is 6.42 inches long, 1.3 inch wide and 4.17 inches in height with the standard magazine. The slide’s front serrations ensure manipulation in inclement weather. Sights are fixed with white-lined U-notch to the rear and a bright white dot on the front post. Amerigo BOLD Night Sights or Glock Night Sights are included on select models for faster target acquisition and alignment in challenging light conditions. MSRP for the G26 Gen5 base version is $599 (in 2020).

No. 3—Kel-Tec PMR30

Kel-Tec introduced the .22 WMR-chambered PMR30 in 2010 and it was an instant hit with enthusiasts. The futuristic-looking semi-auto pistol features a flush-fitting 30-round magazine, Hi-ViZ fiber-optic sights—fore and aft—and an accessory rail for mounting lights and lasers.

It claimed third-place honors in semi-automatic handgun sales category in 2019 on Gunbroker.com, despite being nearly a decade old and chambered in a rimfire some consider less than optimal for self- or home-defense purposes. Its popularity barely wavers, and it has remained in the top-10 for the past five years.

The PMR30 has a 4.3-inch barrel and measures 7.9 inches long, 5.8 inches tall and 1.3 inches wide. Those dimensions make it something of a challenge to carry concealed, unlike the top-place finishers in this category. That’s not where it shines brightest, anyway. Empty, the gun weighs only 14 ounces, which lets it lighten the load for hiking, backpacking and survival chores. Its capacity is a bonus for each of those duties.

PMR30’s steel slide is tapped for optics and is coupled with an aluminum grip frame to reinforce the primarily polymer construction. The barrel has a 1:11-inch rate of twist, although early versions were not as tight.

The manual safety is ambidextrous. A hybrid system of blowback and locked breech operate the semi-auto. MSRP in 2020 was $478.

No. 4—Glock G43

Glock introduced its smallest 9 mm pistol roughly five years ago, the G43, and the single stack has proven to be a popular choice for self-defense and concealed carry. Magazine capacity is six, and with it filled the gun weighs only 20.64 ounces—depending on load. It ranked fourth in the list of top-selling semi-auto pistols of 2019.

Barrel length is 3.41 inches and overall length of the handgun is 6.26 inches. Aggressive grip texturing ensures solid purchase, even with sweaty palms or in poor weather. The slide is made from forged steel, the barrel is steel and the frame black polymer—although a few new versions are flat dark earth, and a rare few produced in gray and battlefield green. In keeping with its mission as a carry pistol there is no accessory rail.

The double-action-only moved up up from 6th place in 2018. It didn’t make the top-10 in 2017.

It’s now available in an all-black version, the G43X (pictured). Glock’s website doesn’t list an official MRSP for the pistol, but if you shopped around in 2020, and could find them, price was roughly $500.

No. 5—SIG Sauer P320

The military version of SIG Sauer’s P320 line—the M17/M18—was named the official sidearm of the U.S. armed forces in early 2017. It’s already in the hands of those standing on the front line of freedom, guarding the Tomb of the Unknown Soldier at Arlington National Cemetery and quickly captured the attention of enthusiasts across the globe.

Versions available to civilians aren’t quite identical to the military sidearm, although the SIG Sauer P320-18 is about as close as the company can offer. Regardless of model, there’s no denying the performance and reliability are identical. And there are a lot of versions to choose from, another reason why it listed fifth in Gunbroker.com’s top-selling semi-auto pistols of 2019.

From Full-size to Carry or Compact, in Nitron, X-Carry, XVTAC, XFive Legion and more, there’s something for everyone. The majority are chambered for 9 mm and .40 S&W, but some models come in .45 ACP. Barrel lengths run from 5 inches to 3.6, depending on selection. The pistol’s 3-point takedown system eliminates the need to pull the trigger for disassembly and it features a striker safety as well as a disconnect safety. Prices vary by model.

Keep in mind this top-selling semi-auto pistols of 2019 list is limited

A representative from SIG Sauer contacted me after I originally compiled this expanded list and explained that, through August of 2020, the company was shipping more P320s than p365s. He had the volume figures in front of him during the conversation, calling into question its fifth-place stature. It’s yet another reason to keep in mind these rankings represent a small slice of the market—only sales through Gunbroker.com.

February 11, 2021February 11, 2021

Forbes Names Vista Outdoor as one of “America’s Best Midsize Employers” for 2021

From Vista Outdoor

Vista Outdoor Inc. (NYSE: VSTO) a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, was named as one of America’s Best Midsize Employers on Forbes’ 2021 list of America’s Best Employers.

Forbes’ list of America’s Best Employers was formed from an independent survey of 38,000 Americans working for companies with at least 1,000 people working in U.S. locations. Each year, Forbes partners with a world-leading provider of rankings and large-scale polling to measure leading employers in the country. Combined, the process includes anonymous employee polls and review of other publicly available material and workplace metrics. According to Forbes, the midsize companies included on the 2021 list have risen to the occasion in the wake of the global pandemic, adapting in ways that benefit both their customers and employees.

“This is a huge honor. We are humbled to be recognized by Forbes as one of America’s Best employers. A cornerstone to our success is the ability to retain and hire the best people in the industry,” said Brad Crandell, Chief Human Resources Officer. “Vista Outdoor offers a fast-paced, employee-focused environment that pushes each person to learn and grow. Additionally, we encourage employees to get outside and live our company mission of ‘Bringing the World Outside’ in their personal lives. Strong communities and a more inclusive outdoor industry are crucial to our mission, and we continue to search for and evaluate ways to be a great, inclusive place to work as well as a leader in our communities and the industry,” Crandell said.

Vista Outdoor offers benefit programs that meet the diverse needs of over 5,000 talented, dedicated employees. These benefits strongly promote employee health and wellness, career development and work/life balance. Vista Outdoor, its brands and employees also promote a culture of community and impact in all facets of operations. Vista Outdoor Corporate Social Responsibility values of People, Conservation, Veterans, Community and Safety drive positive impact in the areas of public policy, partnerships and business operations. These values bring the Vista Outdoor mission to life and drive the belief that business success can leverage positive change and impact in the world.

About Vista Outdoor Inc.
Vista Outdoor is a leading global designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The company has a portfolio of well-recognized brands that provide consumers with a wide range of performance-driven, high-quality and innovative products for individual outdoor recreational pursuits. Vista Outdoor products are sold direct and at leading retailers and distributors worldwide. For news and information, visit their website, follow them on Twitter or like them on Facebook.

February 11, 2021February 11, 2021

Aero Precision Makes $100,000 Contribution to NSSF

From NSSF

The NSSF®, the firearm industry’s trade association, is grateful to announce Aero Precision based in Tacoma, Wash., is making a $100,000 donation to the National Shooting Sports Foundation®, the firearm industry trade association. The firearm manufacturer and parts maker hailed the firearm industry trade association’s efforts on behalf of the entire industry to perpetuate recreational shooting, hunting and lawful and responsible firearm ownership.

The entire industry ensured significant challenges throughout 2020 were overcome and manufacturers delivered products to customers in record numbers. Manufacturers, distributors, retailers and ranges navigated obstacles brought by COVID-19 restrictions and overwhelming demand for firearms.

“The NSSF deeply appreciates the investment of this donation by Aero Precision,” said Joe Bartozzi, NSSF President and Chief Executive Officer. “The entire firearm industry worked diligently throughout 2020 against unprecedented challenges. This industry saw 21 million background checks for the sale of a firearm last year, by far the most ever recorded in a single year. It also witnessed an estimated 8.4 million people purchasing a firearm for the first time. The first month of 2021 showed the pace isn’t slowing down and we couldn’t be more appreciative of the support of manufacturers like Aero Precision.”

Aero Precision’s CEO Scott Dover said the decision to support the firearm industry trade association made perfect sense given the work NSSF is doing for all facets of firearm and ammunition manufacturing, distribution and retail.

“The NSSF has been a great partner for our business at each and every turn,” Dover explained. “With the encroaching anti-Second Amendment legislation proposed here in our home state Washington, we are aware now more than ever of the work the NSSF does to support the businesses in our industry. This donation is our recognition of that work and the investment in the future work our entire industry will rely on from the NSSF.”

To learn more about Aero Precision, visit their website.

February 7, 2021February 7, 2021

CMP Introduces New Informational Podcast Series

From CMP

One of the most important responsibilities within the mission of the Civilian Marksmanship Program (CMP) is to train and educate citizens across the United States. Since 1996, the CMP has consistently implemented new ways of fulfilling this purpose through additional programs, competitions and publications.

In 2021, the CMP has introduced a more modern approach to broadcasting marksmanship culture and opportunities to an expansive audience across the country by creating its own CMP Podcast – a series of digital interviews and conversations for listeners to enjoy.

Podcast episodes will cover a variety of topics, including in-depth looks into CMP departments and upcoming competitions, along with insight directly from the voices of professionals within the marksmanship industry.

CMP Podcasts can be found on the CMP website under the “News & Media” dropdown or through the CMP Buzzsprout link at https://cmppodcasts.buzzsprout.com/.

February 7, 2021February 7, 2021

Rock River’s RUK-BT9 Awarded On Target Editor’s Choice

From Rock River Arms

Rock River Arms, the industry’s most respected name in Modern Sporting Rifles and pistols, is honored to have received the 2020 Editor’s Choice Award from On Target magazine for the company’s new RUK-BT9 9mm AR pistol.

The RUK-BT9, with its 4.5-inch barrel and 9mm chamber, was developed to provide a highly mobile, highly maneuverable, compact personal defense firearm that offers ammunition and magazine compatibility with 9mm GLOCK handguns. In this configuration, the RUK-BT9 simplifies ammunition and magazine requirements while expanding firearm selection for home or mobile defense.

From the factory, the RUK-BT9 comes well-equipped and ready for deployment. Built around RRA’s billet aluminum BT-9 lower receiver and chrome-lined 4.5-inch barrel with 1:10 twist, the RUK-9BT includes SB Tactical SBA3 6-position stabilizing arm brace, RRA two-stage trigger, Smith Vortex flash suppressor, Hogue rubber grip, and RRA NSP flip-up open sights. The M-LOK compatible free-float handguard comes with a Low-Pro hand stop while the full-length rail system accommodates Picatinny mount red dot optics.

Evaluator and noted firearm journalist Dave Bahde, writing for On Target, summarized the RUK-BT9:

“The bottom line is that every time I test one of these pistol-caliber ARs it’s difficult to send it back at the end, and this was particularly true with the very well equipped, reliable and very accurate Rock River BT9G…”

For more information on the RUK-BT9 or other AR pistols from RRA, visit RockRiverArms.com.

RUK-BT9 Specifications

Caliber: 9x19mm

Lower Receiver: BT-9 billet aluminum with GLOCK-compatible flared magwell and integrated winter trigger guard

Upper Receiver: extruded aluminum A4

Barrel: 4.5-inch chrome-lined, 1:10 twist

Muzzle Device: Smith Vortex flash suppressor, 1/2-36 thread

Trigger: RRA two-stage

Handguard: RRA lightweight free-float rail, 4.25-inch pistol length, M-LOK compatible

Grip: Hogue rubber pistol

Arm Brace: SB Tactical SBA3 stabilizing arm brace, 6-position adjustable

Length: 23.5 inches extended

Sights: RRA NSP flip-up front and rear

Includes: one GLOCK-compatible magazine, Low-Pro M-LOK compatible hand stop, manual, warranty

MSRP: $1,420

For more information on the complete line of production AR15 style rifles and accessories, contact: Rock River Arms, 1042 Cleveland Rd, Colona, IL 61241. Phone: (309) 792.5780 Fax: (309) 792.5781 www.rockriverarms.com

February 6, 2021February 6, 2021

Sellmark Announces Headquarters Expansion

From Sellmark

Sellmark Corporation continues to thrive. As one of the most trusted employers—and fastest growing companies—in the DFW Metroplex, Sellmark prides itself on promoting healthy outdoor lifestyles and implementing innovative business practices. Despite a hectic 2020, Sellmark expanded its brands, product offerings and workforce, and now Sellmark is adding a 50,000 square-foot building to its international headquarters.

According to CEO James Sellers, “Mansfield has been a fantastic community to grow our business. This city has been wonderful for our employees and their families and we can’t wait for this next phase of development.”

Mansfield Chamber of Commerce President and CEO Lori Williams agrees, stating, “This move further propels Sellmark as one of the best employers in the city, if not the whole region.”

The new two-story building will feature exclusive conference rooms, a large showroom, two weight rooms, cardio machines, a yoga room, basketball court, luxury cafeteria with smoothie bar, a breakroom, café, coffee bar, covered patio, observation balcony, nature trails, a wellness center for employees and other amenities. These additions will offer healthy options for employees for exercise, nutrition, nature connectiveness and wellness.

The additional space will also provide extra warehouse capacity, expanded internal production facilities and a product development floor to support Sellmark’s future growth and success.

According to Sellmark Director of Finance Chris Kerschen, “This wouldn’t have been possible without the continued effort and hard work put in by Plains Capital and the Small Business Association. We have worked with them since Sellmark’s inception and now through two expansions—along with Binks Construction—who continues to provide the highest quality work and top-notch service.”

Binks Construction CEO Steve Binkley says, “Sellmark has been a fantastic company to work with. We hope to continue to help them grow and serve this wonderful community of Mansfield.”

Mr. Binkley has given December 2021 as the work’s completion date.

February 6, 2021February 6, 2021

Federal Ammunition’s Support of Injured Veterans Approaches $250,000

From Federal

Federal Ammunition is committed to empowering our nation’s injured veterans. Since 2011, Federal Ammunition has supported Wounded Warrior Project (WWP) and the nonprofit’s free programs and services with an annual contribution to the Minnesota Wounded Warrior Charity Golf event. To date, the total contribution is just shy of $248,000 dollars.

Wounded veterans face significant challenges when they return to civilian life, and through the generous support of donors and corporate partners, WWP provides support during their recoveries, wherever they are in that journey.

“I’m proud of this program,” said Rick Stoeckel, Federal Ammunition’s Shotshell Product Director. “When our wounded heroes return, the needs are great and Federal is proud to assist in any way that we can, and the consumers have responded by purchasing the product that supports Wounded Warrior Project in our backyard of Minnesota and throughout the United States.”

Through our financial contribution, Federal Ammunition is directly supporting the programs and services that give warriors access to independence, mental and physical health, career counseling, peer support and connections to other veterans, and family support—free of charge.

Even the most challenging targets are no match for consistent, hard-hitting Federal Top Gun target loads. High-quality lead shot produces even patterns that crush clays. These loads also feature consistent, reliable Federal primer; an eight-segment crimp; and an unique wad column for consistent patterns.

Federal ammunition can be found at dealers nationwide or purchased online direct from Federal. For more information on all products from Federal or to shop online, visit www.federalpremium.com.

February 5, 2021February 5, 2021

Federal Awarded 5.56mm NATO Service and Training Ammo Contract for the DOJ and FBI

From Federal

The Department of Justice (DOJ) – Federal Bureau of Investigation (FBI) has selected Vista Outdoor’s Federal Ammunition brand as the primary awardee for their 5.56mm NATO Service and Training, Reduced-Lead Ammunition. This multiple-award, Indefinite Delivery, Indefinite Quantity contract is for an ordering period totaling five years with product delivery beginning in April of 2021.

“Federal continues to be honored that the most trusted law enforcement agencies both domestically and internationally continue to believe and value the products we make,” said Federal’s President Jason Vanderbrink. “It’s a solid validation of the technology and performance found in every round of ammunition made by our highly skilled American workforce.”

The FBI is the federal government’s principal agency responsible for investigating violations of more than 260 Federal statutes. For this award, they selected a service round utilizing Federal Ammunition’s tactical bonded technology. The Tactical Bonded line is a trusted partner for some of the most intense conditions. Made exclusively for law enforcement, it achieves reliability, terminal performance, and accuracy paramount to the survival of special agents and others in the face of violent confrontation.

“This is a very prestigious award and substantiates Federal’s reputation as the manufacturer of the market’s most advanced rifle ammunition. From service to training, Federal offers the best rifle rounds for supporting the specified mission,” said David Leis, Federal’s VP of Law Enforcement, Government and International Sales. “The training round selected is designed with one of the most accurate bullets in the market. The cartridge is configured to replicate duty performance, so agents’ training experiences are authentic to their duty expectations.”

Federal ammunition can be found at dealers nationwide or purchased online direct from Federal. For more information on all products from Federal or to shop online, visit www.federalpremium.com.

February 5, 2021February 5, 2021

SIG SAUER 716i TREAD 2020 Ballistic Best Reader’s Choice for AR-10 Rifle

From SIG SAUER

SIG SAUER, Inc. is pleased to announce the SIG 716i TREAD has been recognized with a 2020 Ballistic Best Reader’s Choice Award for “Best AR-10 Rifle.” The Ballistic Best Reader’s Choice Awards from Athlon Outdoors gives consumers the ability to vote for recognition of superiority in class, quality, and innovation across various product categories.

“We are very proud to have the 716i TREAD rifle honored with this Ballistic Best Reader’s Choice Award. The TREAD brand continues to gain recognition for offering premium products, at a competitive price point, that are designed, engineered and built with the same quality and innovation consumers expect from any SIG SAUER product,” said Tom Taylor, Chief Marketing Officer and Executive Vice President, Commercial Sales. “The 716i TREAD is a lightweight rifle that brings the power of an AR-10 platform with premium features right out of the box and, like all TREAD series rifles, is easily customizable with a full-line of purpose-built TREAD branded accessories.”

The SIG 716i TREAD is a lightweight, forged aluminum receiver, direct impingement rifle that comes optics ready and features a precision nitride coated, carbon steel barrel, an ambidextrous lower receiver, a free floating M-LOK™ handguard, a 2 stage Matchlite Duo Trigger, a six position adjustable stock, and comes chambered in 308 WIN.