Louisiana Becomes the Eighth State to Enact a FIND Law Protecting Gun-Related Businesses From Financial Discrimination

Louisiana Governor Jeff Landry

Aaaaand another state has let big banks and other financial institutions know they won’t do business with companies that discriminate against the firearm industry firms. This shouldn’t be necessary, of course, but thanks to the Obama administration’s Operation Choke Point and anti-gun executives running big money center banks and large insurance companies, a number of […]

Chapter 11 Bankruptcy Hearing Today for Kalashnikov USA

Later this afternoon, the United States Bankruptcy Court in the Southern District of Florida will hold an initial status conference for a RWC Group, LLC’s Chapter 11 bankruptcy filing. While RWC might not be familiar to you, it’s d/b/a might be: Kalashnikov USA. While details are sketchy, we can definitely confirm the filing. We’re one […]

Vista Outdoor Rejects Unsolicited ‘Indication of Interest’ From MNC Capital

Vista Outdoor has announced that it has rejected the unsolicited “indication of interest” by MNC Capital in purchasing the company. They’ve issued the following statement . . . ANOKA, MN — Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSE: VSTO)  announces that its Board of Directors (the “Board”), following consultation with its financial and legal […]

GOP Senators Flail Against Biden’s Attack on US Gun Makers

Gina Raimondo, US Secretary of Commerce

According to the [Department of Commerce], the new rule is intended to “reduce the risk of legally exported firearms and related items being diverted or misused to fuel regional instability, drug trafficking, human rights violations, political violence, and other activities that undermine U.S. national security and foreign policy interests.” However, [Senator Tim] Scott alleged in […]

Vista Announces the Sale of RCBS to Hodgdon Powder Company

As the future via unwinding/rebranding/whatever of Vista Outdoor (NYSE: VSTO) continues, there’s a frequently recurring question: “what’s going to happen to (insert your favorite Vista property here)?” The honest answer? At this point, we haven’t a clue. That’s why most of the people employed by any of Vista’s plethora of companies are, to put it […]

NSSF: Americans Bought Another 1.2 Million Guns in April

We’ve clearly established a new floor on the minimum number of guns Americans buy each month. It’s likely somewhere between 1.1 and 1.3 million firearms. And in an election year, with the Cadaver In Chief promising even more gun control laws if he’s reelected, don’t expect those numbers to drop as November draws closer. The […]

Process vs. Results: The Real World Consequences of Biden’s War on Guns

Admit it or not, this administration is at war against the firearms and ammunition industry. The attacks have been unrelenting, from Operation Choke Point (begun under the Obama Administration) to the latest ill-intentioned act: the “90 day pause” on non-military exports by the Commerce Department. A “pause” that will, barring some sort of near-divine intervention […]

Commerce Announces Permanent ‘Pause’ on Firearm Exports

US Department of Commerce

Later this morning, the Commerce Department will announce a new rule making their Bureau of Industry and Security’s alleged “90-day pause” to review current firearm export review policies permanent. The new rule will be effective on May 30 as “interim final” with a 60-day wind-down for existing licenses. A comment period will be provided to […]