kevin brittingham net worth

They even went so far as to give silencers to people who had an AAC logo tattooed on their bodies, a marketing campaign that was so successful that they sunk a quarter million dollars into it before it ended. Running a company from inside a jail cell is tough. Thanks, Nick. Freedom Group regularly introduced must-have innovations threaded triangular barrels, polarized scope filters, lightweight polymer stocks and customers rushed to outfit their guns with the latest in firearms tech. Jason wanted AAC to be treated like another plant, like Remington or Marlin or Bushmaster, with Remington HQ as the head of operations. Now add to this the fact that the company is manufacturing NFA items for two different FFLs and were talking about epic amounts of paperworkhundreds of NFA items being made each month, not including what was being done in R&D. This entire mess wouldve been non-existent had they not had to contend with ATF compliance.. Brittingham, the founder of Advanced Armament Corporation, currently holds more than 40 patents in the firearms industry. This is the second major ethic issue weve seen with Freedom Group that I know of. You post as if free market and equitable rule of law are opposites. This site is protected by reCAPTCHA and the Google . It is important to point out that at the time this email was written, Remington and Freedom Group had no knowledge that Kevin had done anything wrong. Because the rim of the cartridge is identical, the same bolt and carrier can be used for both cartridges. And they were ignored. But the social fallout had cost it dearly, affecting its ongoing access to capital in a way it hadnt foreseen. He was summarily fired for guns that either werent actually his or were being legitimately used for R&D purposes being in the shop, and that was a breach of the contract from Freedom Groups end. NEWINGTON, N.H. (February 17, 2014) SIG SAUER is proud to announce that Kevin Brittingham and Lindsay Bunch are joining its staff, adding decades of product design, R&D, and military experience. were clearly treating this as an owned property, another plant in their portfolio, with Brittingham another employee. One major legal case challenged the NFA, and would have been successful save for a technicality causing the plaintiff to drop/abandoned the action. I think you have it backwards. You either have two or you have 20. Marketed to civilians as the ultimate combat weapons system, many of Bushmasters gun builds were modeled after the weapons used by Americas Special Forces. The owner of a business has a great deal of leeway on how they run that business. It was rumored that, following the massacre, he asked his son to sell the company. I did as much with 15mins of free online tutorials and a couple hours of company time while working in a corporate mailroom years ago. I wonder if Kevin Brittingham would be interested in investing in a line of flamethrowers. Reichert would forward these reports of Special Operations daring to Feinberg. Schauble and the rest of the Remington and Freedom Group board were not aware of any misconduct that would give them a reason to can Kevin. The 100 Most Expensive Homes in Dallas 2005 - D Magazine In late 2013, Freedom Group rebranded, changing its name to Remington Outdoor Company. Reichert, the shooting instructor, eventually left Tier 1 Group to work on a classified high-tech firearms program for DARPA. For a horrifyingly long period of time Marlin levergun quality control was bad enough that the end products were fairly described as vaguely gun-shaped objects that should never have shipped. Keeping yourself legal, when your entire revenue relies off it should be top priority, instead of relying on another company to do hopefully do it. At Remington, some of the machinery dated back to World War II. Jack Brittingham Born: June 14, 1958 (age 64 years), United States Jack Brittingham Instagram net worth How much money is Jack Brittingham making on Instagram? Kevin Brittingham Profiles | Facebook Rather than selling out to the Freedomless Group he should have hired a couple people to straighten the mess out. Advanced Armaments was small but did a lot of business with the military. His interests include aquatic ecology, biodiversity, wetland ecology, wetland restoration, and entomology. I can absolutely see why their compliance was a mess. [8], In 2011, AAC was awarded a $14,201,731 contract for the muzzle brakes that they produce known as the "Brakeout". Throughout the years, Cerberus has owned controlling stakes in dozens of businesses. (Quayle was supposedly still respected in Asia, where Cerberus did a lot of business and where his malapropisms didnt translate.) Selling a gun that was an original Bushmaster in all but name, the new company grew to $65 million in sales in less than five years. The judge thinks that Kevin might have been after some personal firearms as well, but Kevin says he just wanted to grab his personal effects when he was suspended previously, Remington didnt even let him grab his kids backpack before being thrown out of the building. I wonder why he couldnt just hire someone to fix their paper work and compliance issues. This kind of organizational nonsense will come out in the products eventually. Centerfire rifle suppressors include the M4-2000 (used by numerous military units including the Navy SEALs), 762-SDN-6, SR series, and Cyclone (for .30 caliber precision rifles). Notify me of follow-up comments by email. Dont look at it as who gets your money. Remington, etc. PARA USA [25], Integrally suppressed rimfire firearms (discontinued), Last edited on 16 February 2023, at 06:54, Naval Surface Warfare Center Crane Division, "Freedom Group, Inc. Forms Office of the Chief Executive Officer", https://cdn0.thetruthaboutguns.com/wp-content/uploads/2020/09/27092020123649821_1231_20202709124853872.pdf, "Hanna Announces Remington Receives $80 Million Contract", Army's XM2010 sniper rifle gets full fielding, "The Quiet Continues: Suppressed Pistols", "Advanced Armament Corp Awarded Contract for Family of Muzzle Brakes", "300 AAC Blackout, New Caliber, New Mission", "Frank Girardot: It's Time to Get One of Those "I Voted" Stickers", https://en.wikipedia.org/w/index.php?title=Advanced_Armament_Corporation&oldid=1139661252. Shall not be infringed seems pretty straight forward from a pro-2a standpoint. None of them wavered in the slightest, not even when I brought up the Newtown massacre, or the Pulse-nightclub shooting, or the San Bernardino attacks, or the shooting of the Dallas police officers, or the certainty of other massacres to come. View FREE Public Profile & Reputation for Kevin Brittingham in Milton, DE - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Before he went into the gun business, before he started buying assault-rifle manufacturers, before he expanded into scopes and silencers, before he rolled up 18 of Americas most lethal companies into a single conglomerate, before he funded a private military base, before the massacre, before the investor revolt, before the recalls and the product defects and the bad press and the lawsuits before any of that could happen Stephen Feinberg, the billionaire financier, had to perfect his shooting technique. On the stand, Remingtons own ATF expert testified that the practice was indeed illegal. To compare anything thats done in regards to NFA items, to selling computers is just asinine. REMINGTON LE The final court decision has been issued in the case of Kevin Brittinghams lawsuit against Freedom Group and Remington over his sudden firing a couple years back, and its a way better read than I expected. Money was mentioned but that seems to have been to build consensus rather than the reason. Some pretty flagrant violations of contract there Kinda puts me off of getting anything from Remington or any FGI owned company for that matter. The former VP has an extremely narrow path to viability in 2024. He still is a gun guy. Remy, Freedom group, whoever has 18million reasons not to pay him and spend at least half that money on lawyers to try and keep from paying him. The second-largest retail pharmacy chain wont buck Republican attorneys general. There, the acquiring company often has a retention payment for key players to keep them around through the integration. its above the asking price he wants/needs). DeSantis Promises Florida Will Control Disney Content. A Florida bill takes a ridiculous GOP argument to the extreme, aiming to eliminate the Democratic Party for its ancient ties to white supremacy. Instead, the purchasers tended to be seasoned gun collectors with large arsenals. Back in October, a pre SHOT Show photo shoot took place at AACs HQ. ;-P. I think Ill defer any future purchases of products owned by or associated with Remington or the freedom group. What the ATF requires can be handled in a separate file. He wasn't really that interested in commercializing it. Despite the fact, for example, that the big investment banks are paying out billions of dollars to the feds for their unsavory mortgage practices that lead directly to the last recession, he argued that the mortgage brokers and bankers owed no duty at all to the borrowers not to lie to them, not to mislead them, not to falsify loan documents. Schauble won a number of military contracts for Remington Defense and helped negotiate the purchase of Advanced Armaments Corporation, a start-up manufacturer of gun silencers. Their scarcity has driven a level of cultural acceptance of their restriction. Shocked! To market their shooting platforms, the Freedom Group frequently employed the cultural imagery of the global war on terror. This has led to far wider adoption than the .300 Whisper, which is proprietary to SSK. One of the employees compiled a list of these guns and titled the pile Kevins guns, despite it actually being a pile of guns whose provenance was not known. It runs through Iowa following the course set by Huckabee, Santorum, and Cruz. #654321cba Pink Fluffy Hunter Firearms. Once you start dealing fit 7 digits in front of the decimal point, everyone is a scumbag. Signing a contract with the word flounder in such a way that it appears as a signature on casual inspection is not an upstanding move either. The payout was small just $62,500 per victim but the potentially unlimited liabilities from gun-injury lawsuits, accompanied by the political and public-relations hazards, had historically scared away capital and discouraged conglomeration. Not going to purchase anything under the FG banner. a stiff corporation has no conscience.. The military-proven guns offered the buyer vicarious status as an operator, although Cerberus understood well that few of its customers actually had combat experience. Oh, slow quarter since this years economy crashed? Libertarian Humor: The margins on them were superb. I also read the entire 117 page judges ruling in the case. 1. He then discarded this gun and prepared for a tactical assault, arming himself with two pistols, a shotgun, and her Bushmaster assault rifle, along with ten 30-round magazines. Despite repeated requests, he was never given a reason for his suspension or the results of an external investigation into the issue. View the profiles of people named Kevin Brittingham. In a rare interview in early 2008, he pitched himself as a blue-collar billionaire and distanced himself from his Ivy League pedigree. In the bankruptcy auction of Remington Outdoor Company in September 2020, the company was sold to JJE Capital Holdings, LLC. The law even states you cant make someone sign an agreement to forfeit it. The attorneys for the victims families argued that Freedom Groups marketing, with its aggressive slogans and its fetishistic imagery of SWAT teams and Special Forces operators, was a large-scale example of negligent entrustment and that Remington had cultivated a dangerous and uncontrollable demographic with predictable results. Dyke, who remained on Bushmasters board, sensed he was in unusual territory. Our rifles were neither fit nor finished, nor in any condition to be offered for sale. Gun magazines and internet forums were filled with complaints, and after Cerberus bought it, Remington was forced to issue multiple recalls, for both guns and ammunition. Its like handbags for women.. Example, my girlfriend is trying to get a new job and through the grapevine HR found out and told her she would have to give ONE MONTHS NOTICE before leaving, or shed forfeit all her earned vacation time. He treated his workers like family members. But months later when the list made its way to Freedom Groups headquarters, they took it as gospel that the guns in the Kevin pile were all actually Kevins guns, did no further fact checking, and decided to fire him without notice. He was joined in this request by the California State Teachers Retirement System, a key Cerberus investor and one of the largest pension funds in the country, which threatened to pull its money from the firm if it didnt divest from its gun investments. The next year was even worse. Im shocked. Not that it matters to me pragmatically. Biden Dares Republicans to Go After Obamacare and Medicaid. He seems to be sloppy, lazy, and foolish. Sloppy in his paperwork. always recommend folks watch Glengarry Glen Ross written by David Mament. One of the keys to Feinbergs success was his focus; Trump had the attention span of a mayfly. #123456abc Scary Black Rifle Industries. Agreed. This is the kind of sh*t that happens when you let the bureaucrats run the markets. The companys corporate culture is Darwinian. [2] Under his direction, AAC grew to be one of the largest suppressor manufacturers in the U.S., including a number of small military contracts. 1. Sounds like a pretty toxic environment to work in. During the shoot a number of guns were used which Freedom Group claims were Kevins personal firearms, but Kevin denies this claim. King Charles Evicts Harry and Meghan From House They Dont Live In. VIDEO: Q&A With Kevin Brittingham, the Most Radical Guy in Guns Others, some on TTAG, have written more comprehensive and eloquent summaries than this. Through another, it controlled the movie-distribution rights to The Sixth Sense. Not only is it a complete and total smackdown against Remington, but it was so entertaining that I found myself chuckling at times. That's why we put him on the cover of the April/May 2019 issue of Tactical Life Magazine. Much of it was encouraged at the time by speeches, quite a bit by regulation & guidance, and some by legislation. My choices of suppressors is getting short. So it seems as if there was a lot of confusion and scheming around this issue. Private equity is not a business for the patient, and once a new business is acquired, it is not unusual for Feinberg to cycle through two or three managers in search of the right leadership. Kevin never signed the new agreement, and Freedom Group should have known better than to consider the word flounder as Kevins official signature on an important document. The round is very similar to the .300 Whisper cartridge created years earlier by SSK Industries, but AAC submitted the cartridge for SAAMI standardization and allows any manufacturer to use the specifications. For a time, it was the largest landlord in the city. Rimfire models include the Aviator2, and Element2. Even after AAC had moved to the new Lawrenceville location and sold the old business, they continued operating as if the old FFL from that old building was valid. Kevin tried to negotiate the terms of the agreement, but there were no changes. When Adam Lanza shot his mother, Nancy, in her sleep on the morning of December 14, 2012, he used one of her bolt-action rifles, a Savage Mark II. This is what happens when we concede to reasonable gun control measures, high levels of unreasonableness. In Defense of the Talkative Trump Grand Juror. ADVANCED ARMAMENT In practice they often buy people out of these even when its an early ejection for egregious behavior. The buyout was doomed from the beginning. Period. The gun business is almost like a fashion business for men. 2. Having returned to Camp LeJeune in North Carolina to recuperate, Reichert started moonlighting at the Blackwater range as a shooting instructor. Echoing Reichert, Nardelli said that Steve saw this as a huge patriotic opportunity, in addition to a great investment. Nardelli was wrong. But theres also heritage, and history. Its all about not looking soft on crime. The Key Moments From Alex Murdaughs Testimony and Murder Trial. He envisions a company with 50 people run with real leadership. Admittedly, Im kind of surprised that somebodys buying 100 silencers a month. H&R 1871 A catalyst was the Protection of Lawful Commerce in Arms Act, pushed by NRA lobbyists and passed by a Republican-controlled Congress in 2005. Good luck getting one. The conclusion of the decision is pretty awesome to read, and I recommend you do it in full. Kevin Brittingham | Johns Hopkins Advanced Academic Programs Dont buy any Freedom Group Products. Model 123. Becoming an employee is a trap, theyre just looking to screw you. SIG SAUER welcomes Kevin Brittingham to lead its new SIG-SD Silencer business unit, as well as other special programs within its Military/Law Enforcement development activities. . By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. As in, why should there be any problem whatsoever with a company using a personal possession to facilitate R&D? At some point, he is no longer considered to be in control of/owning that silencer. Customers, employees, et al can go screw themselves, as theyre completely expendable. Dont mean to be demeaning. No insult intended to Brittingham, but I suspect he would have preferred to have done things differently and avoided all of this in hindsight. The move offered nearly $40 million in state tax incentives, but Freedom Group still struggled. So after this, who still wants a Remington R51? Kevin Brittingham founded Advanced Armament Corporation in 1994 to manufacture sound suppressors, having previously been a distributor for GEMTECH, another suppressor manufacturer. Its not as hard as it sounds, Reichert told me. Surveys estimated that somewhere between 20 and 30 percent of Americans owned guns, but usually just one or two. They are in bed with government (including the odious State of NY) on numerous levels. By 2009, it looked like a recruiting poster for Delta Force. Big promises were made, but without a real requirement to pay as they go all the various governments and corporations simply did not pay. This will cost money. Never, ever take a buy-out package that is contingent upon you, the founder, still being there at some date in the future. . There are no official industry statistics for sales of new guns, but a common proxy used is the number of gun-buyer background checks conducted by the FBI each year. She has also appeared on shows like 'Celebrity Page' and 'Below Deck Mediterranean'. 2 years later, hes fired from his own company, and she cant understand how. Gun manufacturing had historically been an artisanal business, and gun buyers liked it that way. In early 2016, Donald Trump unexpectedly decapitated the Republican Party, and GOP power brokers were forced to choose sides. It featured images of a sniper rifle trailing smoke, a mounted machine gun, and a row of bullets emblazoned with the tagline ITS TIME TO WORK. They certainly didnt. It makes no sense. And, Remington brand or not, a semi-automatic assault rifle is not an appropriate choice for a first gun, or even a second. This is a whole boatload of fail and a passel of never mind. That is, if it hasnt already. The full test is available for download here, but for those who dont want to wade through all 117 pages of brilliantly written legal analysis Ill try to summarize . Besides, the 300 BLK Handi Rifle is listed on AACs website, not Remingtons, and not even on H&Rs. Cerberus agreed but was a less generous manager. Later that month the compliance officer finally arrived, and noticed that some of the guns from the shoot were still present. Q&A With Kevin Brittingham, the Most Radical Guy in Guns Wealthy and free, actually. This approach was duplicated across a number of other Freedom Group sidelines, including manufacturers of weapon optics, pistol grips, ammunition, even clothing. The owner was having some cash flow issues, so he sold controlling interest to larger company. Kevin Brittingham founded AAC, and his success was due in part to the culture that the company cultivated. Eric Brittingham Net Worth | Celebrity Net Worth People really need to understand that if you dont get paid up front, free and clear, without strings attached, then you are getting ripped off. Theyre too busy grabbing ankle for and asking favors from political types with D as the first letter of their party affiliation.

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