Ammunition manufacturer facing $80m order backlog!

Discussion in 'General Firearms Forum' started by TheDreadnought, Sep 30, 2020.

  1. TheDreadnought

    TheDreadnought

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    CDR_Glock likes this.
  2. grumpy1

    grumpy1

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    That is good to read but we'll see. IMO others are waiting for more clarity after the election that is just over a month away now as they remember the ammo glut that lasted almost three years until early March of this year. Covid 19 restrictions are still in place that are hurting the ammo production business world wide according to reports.
     

  3. ROGER4314

    ROGER4314 Friends Call Me "Flash"

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    I see this as a positive sign that interest is high for shooting sports and self defense preparations by US citizens. Apathy would damage our sport and self defense efforts far more than the yapping of Liberal fanatics.

    Flash
     
  4. boilergonzo

    boilergonzo

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    A small producer ramping up capacity to take advantage (and later try to steal market share) may prove to be a bit different than an industry leader, and their willingness to expand manufacturing to meet a transient spike in demand. We shall see, but that is still good news!

    At 3-4M rounds per month, they are fairly small. But since they were just founded in 2016, they seem to be doing well! https://www.globenewswire.com/news-...ntinued-Heightened-Demand-for-Ammunition.html

    At 3-4M rounds per month (48M per year), there are bids by Winchester for 75,000,000 rounds of a single caliber (7.62x39) for SECONDARY CONTRACTS (not the primary award... a backup supplier!). Winchester already holds contracts for $85M, $45M, and $22M for this same small arms category, and a new bid just opened for even more. These contracts and sure money from the government will win out over civilian sales.

    It is great to see added capacity, but sadly, 30-40M added rounds isn't going to make a dent. But every little bit helps, and this new company is striking while the iron is hot! Good for them!
     
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  5. SpringerTGO

    SpringerTGO

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    Just because there are people buying guns now who didn't buy them before doesn't mean they are buying them for the right reasons. Just saying.
     
  6. triggerjerk

    triggerjerk

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    There are a million new shooters. The demand will be there for a while.
     
    -JCN- likes this.
  7. wjv

    wjv RIP Stan Lee.. . .

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    That's just BAC's order from last month. . .
     
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  8. The_Dan

    The_Dan The underscore is silent

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    Make that 80million, $300 dollar backlog.
    I need some 9mm and .223 (like everyone else)