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Posted: 1/16/2023 7:13:31 PM EDT
[#1]
Quote HistoryQuoted: Word is  |
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Posted: 1/16/2023 7:13:42 PM EDT
[#2]
Quote HistoryQuoted: Sad to see a family run company sell out, hopefully it was for good reasons. Kharn |
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Posted: 1/16/2023 7:17:26 PM EDT
[#3]
Quote HistoryQuoted: You guys do realize the company they sold to is private…as in a single family owns it. Correct? They are EXPANDING Barrett’s Tennessee location and manufacturing facility. They didn’t sell this to the Aus gov lol. Quote HistoryQuoted: Quoted: Ronnie Barrett has done too much for the 2A and Armed Responsible Citizens for me to ever disparage him or his actions. I just hope, given Australia’s recent shift towards heavy-handed totalitarian government, that this doesn’t turn out bad for us all.  You guys do realize the company they sold to is private…as in a single family owns it. Correct? They are EXPANDING Barrett’s Tennessee location and manufacturing facility. They didn’t sell this to the Aus gov lol. |
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Posted: 1/16/2023 7:18:30 PM EDT
[#4]
Quote HistoryQuoted: It is not good for the end-users, but good for Ronnie Barrett and his family, they cashed out at the peak. The Barrett family was strong pro-gunners. Ronnie hasn't been part of operations for some time. Except for photo ops and interviews. It's been that way since his election to the NRA Board. |
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Posted: 1/16/2023 7:20:55 PM EDT
[#5]
Quote HistoryQuoted: Lol at the people saying they wouldn’t have and would keep coming to work till they died at their desk. I don’t think most are against them selling. It is potentially selling to a company that could be anti gun for the civilian market. Why couldn’t they sell to a more friendly gun company? |
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Posted: 1/16/2023 7:26:48 PM EDT
[#6]
Quoted: Australian defense contractor NIOA has expanded its global reach with the 100 percent acquisition of the industry-leading rifle design and manufacturing company, Barrett Firearms. In announcing the deal, NIOA Group CEO Robert Nioa said the two family-owned companies came together out of a shared commitment to quality, innovation, loyalty, and mission. “NIOA’s association with Barrett dates back to 2008. We have been inspired by the story of Barrett and admire what Ronnie, Chris and the family have built over more than four decades,” Mr. Nioa said. “It’s been a story of hard work, perseverance, and purpose culminating in the delivery of critical capability for the men and women of the US military and its allies around the world as well as exceptional products to law enforcement agencies and civilian markets. “Together we share the same mission - combining our expertise and family business values will ensure Barrett carries on building the finest products in the world.’’ Mr. Nioa confirmed the company would continue to operate under the Barrett brand as a separate division within the NIOA Group alongside NIOA Australia, NIOA New Zealand, the Australian Missile Corporation and the group’s investment in joint venture company Rheinmetall NIOA Munitions. 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. Financial terms of the transaction were not disclosed. Mr. Nioa also announced two key leadership appointments – current Barrett President Sam Shallenberger has been promoted to the role of Chief Executive Officer while long-serving Barrett Chief Operating Officer Bryan James becomes President. Ronnie Barrett and Chris Barrett will provide ongoing support as executive advisers to Barrett and the NIOA Group. Barrett founder Ronnie Barrett said “Today marks the beginning of a new chapter in the Barrett story. Rob and the NIOA team have great respect for the legacy Barrett has created as the leader in long range precision rifles. It’s reassuring to know Barrett will be in good hands with a family-owned company that is focused on manufacturing and delivering world-class firearms and munitions to a global network.” The Barrett acquisition marks an exciting next chapter for NIOA as the company’s entry to the US market where it has long-standing trusted relationships with American companies such as Vista Outdoors, Leupold, General Dynamics, Northrup Grumman, and the Winchester-operated Lake City ammunition plant. they can see the writtening on the wall |
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Posted: 1/16/2023 7:27:35 PM EDT
[#7]
Quote HistoryQuoted: Selling out to the goddamn Australians can't be good for the US commercial market.  My first thought exactly.
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Posted: 1/16/2023 7:39:12 PM EDT
[#8]
Quote HistoryQuoted: I believe I would like to help them with that.  The production cost vs the MSRP is way lopsided. Can you give a ballpark of the production cost for an m82/m107? That’s really interesting. |
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Posted: 1/16/2023 7:40:22 PM EDT
[#9]
Quote HistoryQuoted: Can you give a ballpark of the production cost for an m82/m107? That’s really interesting. It's probably 35 hunnit |
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Posted: 1/16/2023 7:43:56 PM EDT
[#10]
Quote HistoryQuoted: Can you give a ballpark of the production cost for an m82/m107? That’s really interesting. I probably shouldn't. Not sure of the legality of doing that. I'm sure costs have changed since I left there. But probably not by a hell of a lot. I know I bought my 82a1 and M95 for production cost when i worked there. It was substantially less than dealer. Substantially less. 
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Posted: 1/16/2023 7:44:41 PM EDT
[#11]
Quote HistoryQuoted: Selling out to the goddamn Australians can't be good for the US commercial market. |
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Posted: 1/16/2023 7:50:35 PM EDT
[#12]
Quote HistoryQuoted: Bummer PSA didn't buy the company. This will get interesting before it goes to shit. Y'all best go buy your rifle now. |
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Posted: 1/16/2023 7:52:39 PM EDT
[#13]
Sounds dismal.
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Posted: 1/16/2023 7:56:35 PM EDT
[#14]
Money talks.
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Posted: 1/16/2023 7:57:19 PM EDT
[#15]
Quote HistoryQuoted: Only 9% of family businesses stay in the family past the 3rd generation Marketing 101? |
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Posted: 1/16/2023 7:58:32 PM EDT
[#16]
Man! If so many people are getting bent out of shape over this I bet it'll be quite a show when there's a mass realization of where a huge portion of the USA's smokeless powder comes from.
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Posted: 1/16/2023 8:00:41 PM EDT
[#17]
Word
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Posted: 1/16/2023 8:00:51 PM EDT
[#18]
Quote HistoryQuoted: Man! If so many people are getting bent out of shape over this I bet it'll be quite a show when there's a mass realization of where a huge portion of the USA's smokeless powder comes from. Its been readily available knowledge to reloaders that the lions share of powder for reloading comes from Australia. |
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Posted: 1/16/2023 8:01:05 PM EDT
[#19]
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Posted: 1/16/2023 8:02:26 PM EDT
[#20]
Quote HistoryHoly shit! Thats even creepier than the actual clip from the movie advertisements. 
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Posted: 1/16/2023 8:02:41 PM EDT
[#21]
Quote HistoryQuoted: If you want to be a good steward? Until you can find someone to take it over that will also be a good steward. (everything else equal). Quote HistoryQuoted: Quoted: Quoted: NOIA has its fingers in quite a few US firearms related companies. Hopefully they keep it on its current course. But the Barretts first love is money. How long does someone have to steward something before they're allowed to give it up? If you want to be a good steward? Until you can find someone to take it over that will also be a good steward. (everything else equal). Based on the article, it sounds like that's exactly what Barrett did. 
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Posted: 1/16/2023 8:05:21 PM EDT
[#22]
Quote HistoryQuoted: I probably shouldn't. Not sure of the legality of doing that. I'm sure costs have changed since I left there. But probably not by a hell of a lot. I know I bought my 82a1 and M95 for production cost when i worked there. It was substantially less than dealer. Substantially less. I'm going to guess it costs less than $2,800 to build an M82A1. |
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Posted: 1/16/2023 8:05:34 PM EDT
[#23]
Quote HistoryQuoted: Looks like all those police departments in California are going to get to buy Barretts again  Do you really think that they were ever unable to obtain Barrett's if they wanted them? |
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Posted: 1/16/2023 8:10:54 PM EDT
[#24]
Those of you who hate Wayne LaPierre so much might want to look up Ronnie's long standing support of him including voting for the fake bankruptcy. If his first love truly is money that might explain his seemingly blind support of WLP. I'm not saying he hasn't done a lot for the 2A but that part has left a bad taste in my mount for some time.
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Posted: 1/16/2023 8:11:04 PM EDT
[#25]
Quote HistoryQuoted: I'm going to guess it costs less than $2,800 to build an M82A1. Yep. And you're still over $800 too high.
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Posted: 1/16/2023 8:12:27 PM EDT
[#26]
Quote HistoryQuoted: Do you really think that they were ever unable to obtain Barrett's if they wanted them? Yep. Distributors have no qualm about selling to who ever has the money. |
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Posted: 1/16/2023 8:13:33 PM EDT
[#27]
Quote HistoryQuoted: Yep. And you're still over $800 too high. Quote HistoryQuoted: Quoted: I'm going to guess it costs less than $2,800 to build an M82A1. Yep. And you're still over $800 too high. Unsurprising. The use of extrusions requiring minimal machine time is excellent. |
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Posted: 1/16/2023 8:14:10 PM EDT
[#28]
Quote HistoryQuoted: They could actually deliver unlike Serbu. How long have you been waiting? I think I'm going on my 5th year... Valerie has even stopped responding to my emails asking for an update. |
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Posted: 1/16/2023 8:22:44 PM EDT
[#29]
Quote HistoryQuoted: Good for them. Kinda hard to blame them for divesting from the Cartel market :lol: 
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Posted: 1/16/2023 8:25:21 PM EDT
[#30]
Quote HistoryQuoted: Kinda hard to blame them for divesting from the Cartel market :lol: https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/JGI6H3RDQMI6XHCKBXDCILCICQ.jpg We were all talking amongst ourselves when the Mexican Army contract went through as to how many would be in Cartel hands and how quickly. |
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Posted: 1/16/2023 8:28:35 PM EDT
[#31]
Quote HistoryQuoted: How long have you been waiting? I think I'm going on my 5th year... Valerie has even stopped responding to my emails asking for an update. Quote HistoryQuoted: Quoted: They could actually deliver unlike Serbu. How long have you been waiting? I think I'm going on my 5th year... Valerie has even stopped responding to my emails asking for an update. I worked for a distributor when Serbu announced their semi 50. They had people on the floor at SHOT handing out pamphlets I think I actually talked to Mark's dad but I might be misremembering that. I told them they would make a killing if they could deliver them and he told me they were all but spooled up and ready to ship them in quantity. I have been burnt on a few "new" things so I figured I'd wait a year and see how they shook out. To this day I've never seen one in person. Can't remember what year that was had to be sometime around 08 +/- a year or so. I can't remember the money but it was agressively priced and I doubt they delivered many if any at the intro price as it jumped up quickly. If they ever become more common I might check them out again. |
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Posted: 1/16/2023 8:29:42 PM EDT
[#32]
Quote HistoryQuoted: We were all talking amongst ourselves when the Mexican Army contract went through as to how many would be in Cartel hands and how quickly. Don't forget Fast and Furriest pumping those numbers up. I'd rather give my "money" to Mark Surbu anyway but a domestic DoD supplier selling out to a foreign holding company is wrong on every level. |
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Posted: 1/16/2023 8:32:46 PM EDT
[#33]
So, do we hate Barrett now? Y’all cutting them up?
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Posted: 1/16/2023 8:35:26 PM EDT
[#34]
Quote HistoryQuoted: How long does someone have to steward something before they're allowed to give it up? People here have a lot of emotions tied up in corporations. |
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Posted: 1/16/2023 8:39:34 PM EDT
[#35]
Quote HistoryQuoted: They sold to Australians. Wow. Their gov will make sure we never see a civilian barrett firearm ever… Like Freedom Corp? Money is money. You think these companies care anything about your rights? Past the point of being able to sell you that right, they don’t give two fucks bout you. |
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Posted: 1/16/2023 8:40:21 PM EDT
[#36]
Quote HistoryQuoted: So, do we hate Barrett now? Y’all cutting them up? Nope! love my Barretts. |
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Posted: 1/16/2023 8:40:58 PM EDT
[#37]
Sounds like a great opportunity for new or existing companies to get into the bmg game.
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Posted: 1/16/2023 8:45:29 PM EDT
[#38]
Quote HistoryQuoted: It'll be good for NYC, though. I'm sure the Aussie's recognize them as fellow travellers and will be all too willing to supply them whatever they want. ? |
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Posted: 1/16/2023 8:46:21 PM EDT
[#39]
So Nioa owns leupold and vista, or just owns shares?
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Posted: 1/16/2023 9:15:15 PM EDT
[#40]
Quote HistoryQuoted: So Nioa owns leupold and vista, or just owns shares? Pretty sure they own shares. |
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Posted: 1/16/2023 9:24:39 PM EDT
[#41]
Quote HistoryQuoted: Because the 3rd generation loves to fuck it up royally. The second typically does, but the third tries to put it back together. Think Wean-United. (because you're local) |
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Posted: 1/16/2023 9:26:18 PM EDT
[#42]
Quote HistoryQuoted: The second typically does, but the third tries to put it back together. Think Wean-United. (because you're local) Quote HistoryQuoted: Quoted: Because the 3rd generation loves to fuck it up royally. The second typically does, but the third tries to put it back together. Think Wean-United. (because you're local) Wean is one case. But it’s traditionally the third. We basically made it… just 2 more years till the 3rd’s retirement for us.. |
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Posted: 1/16/2023 9:31:26 PM EDT
[#43]
Everyone wants to retire at some point.
just sayin' 
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Posted: 1/16/2023 9:34:17 PM EDT
[#44]
Guess I’m not getting a new fieldcraft….cause those fuckers probably won’t build them.
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Posted: 1/16/2023 9:35:24 PM EDT
[#45]
Quote HistoryQuoted: Guess I’m not getting a new fieldcraft….cause those fuckers probably won’t build them. Coworker bought a Fieldcraft a few years ago. It's making me consider getting one. |
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Posted: 1/16/2023 9:38:35 PM EDT
[#46]
Quote HistoryQuoted: Never thought the Barretts would give up control. FUCK. I been putting off buying a MRAD for years and now this really fucks me up. I'm super skeptical things aren't going to go to shit with new cooks in the kitchen. |
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Posted: 1/16/2023 9:40:04 PM EDT
[#47]
Damn.
I dug when Ronnie told CA to fuck off, and did the double whammy by inventing the 416 Barrett. I don't trust anything Australia to carry on that legacy. Good deal for the Barretts, he built that company from his garage. Bad deal for gun owners in the long run. |
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Posted: 1/16/2023 9:40:19 PM EDT
[#48]
Quoted:
Selling out to the goddamn Australians can't be good for the US commercial market. [/quote+3 |
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Posted: 1/16/2023 9:41:52 PM EDT
[#49]
Quote HistoryQuoted: Damn. I dug when Ronnie told CA to fuck off, and did the double whammy by inventing the 416 Barrett. I don't trust anything Australia to carry on that legacy. Good deal for the Barretts, he built that company from his garage. Bad deal for gun owners in the long run. I loved firing the .416 out of an M99. Pretty consistent hits on a 55 gallon drum at 1800 meters at a range we had access to. That was far as I got to fire it. |
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Posted: 1/16/2023 9:51:07 PM EDT
[#50]
Ronnie Barrett selling to a company in a country with anti-firearms laws second to none.
Greed wins,,, |
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