Advanced Armament Corp Acquired by Remington
For those into firearms supressors, according to and article just released on the AAC blog they have been purchased by Remington.
While Remington purchased AAC’s assets and intellectual property, initial
indications are that they have no intention of replacing AAC’s executive
staff with one of their own and that they are instead intent on expanding on
AAC’s current footprint. AAC will report to Remington’s Military Products
Division, but the leadership at AAC, including former owner Kevin
Brittingham, will remain in place and continue to function as they have in
the past.
Noted in the press release is that Remington recognizes that small arms signature reduction is going to be an element in military firearms procurement for the foreseeable future.
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Looks like Remington is really vying for some serious military contracts. They own Bushmaster as well, I wonder who else they will buy?
They own bushmaster? I didn’t realize that. Interesting! It’s good to see though they didn’t take over and boot everyone like happens sometimes in these situations. If a company is already pretty successful why get rid of everyone you know?