Remington announced yesterday that they have purchased the assets of Advanced Armament Corporation, a firm specializing in suppressor manufacturing. Remington serves as the lead company of the Freedom Group and in turn is owned by Cerberus Capital Management.
Recently, Remington has introduced new tactical products including the Modular Sniper Rifle (MSR) as well as the Adaptive Combat Rifle (ACR) licensed from Magpul Industries and co-produced with fellow Freedom Group company Bushmaster. There have also been rumblings of a forthcoming Remington 1911 pistol. Remington has been courting AAC for some time and there has been a great deal of speculation in industry of an impending sale. Access to AAC’s suppressor technology gives the Freedom Group a leg up on much of the competition who must partner with outside companies to integrate such capabilities with their own products. Now, firearms and suppressors will be developed within the same family of companies.
Media reports indicate that Remington/Freedom Group have no intention of replacing AAC’s executive staff. Apparently, AAC will report to Remington’s Military Products Division, but current leadership will remain in place. On Monday evening AAC posted on their blog that they were excited about the purchase, would be moving to a larger facility soon, and would benefit from increased R&D funding.
AAC can be found on the web at www.advanced-armament.com. Remington is found at www.remington.com.