This should prove interesting and quite possibly terribly sad: famed manufacturer of .50 caliber rifles Barrett has sold out to an Australian defense contractor, meaning it is now a company run by a government that does not allow it’s subjects to own such things. Will production remain in Tennessee? Will they continue to sell to the US civilian market?
All management and staff at the Murfreesboro manufacturing facility in Tennessee have been retained and production will continue as normal. Over time it is expected that manufacturing activities in Murfreesboro will be further expanded.
Uh-oh. If history has taught me anything, an official statement that “all is well” results in “everybody panic.” It may be that this is part of the strategy t make the deal profitable: a *lot* of people are going to believe, and not without cause, that Barretts for the US civvie market are going to dry up, and will therefore panic-buy. This will lead to an infusion of cash pretty quickly. It will then be up to the Aussies, from the same Australia that went full Big Brother the first chance it got when the Commie Cough hit, to decide whether to keep the golden goose alive, or to slaughter it.
NIOA acquires US manufacturer Barrett Firearms
Barretts are, of course, a particular favorite firearm to hate for the gun grabbers… not because they are actually used in crimes, but because these people are scared of big things they don’t understand (along with little things they don’t understand). Yanking them from the civilian market is something these authoritarian tyrants would love to do. One straightforward way to do it is simply buy the company and stop selling them to peons like us.