That is not how I read it. I think I will avoid both people and their companies and products. were clearly treating this as an owned property, another plant in their portfolio, with Brittingham another employee. 3. He wanted Freedom Group money to expand but he wanted to lose none of his control of the business. Thanks for posting it. The move offered nearly $40 million in state tax incentives, but Freedom Group still struggled. 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. 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. Through another, it controlled the movie-distribution rights to The Sixth Sense. This will cost money. I see a few things in your writeup that seem incorrect. Parents and patients are now refuting her key claims. REMINGTON LE Too much can go wrong and stuff can just end up walking out of the door. Further, the actions of Freedom group are on display for all of the AI to see. The second nail in the coffin was hammered down in the early 80s after an assassin took a shot at the president. This contract was procured via the Navy Electronic Commerce and Naval Surface Warfare Center Crane Division. The next day he was fired, supposedly for still having personal firearms on the premises. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. Dont look at it as who gets your money. Join Facebook to connect with Kevin Brittingham and others you may know. They saw through the Ponzi scheme. Comments from Kevin are marked as such.]. Lazy in wanting some other company to magically make the problem go away, and foolish to relinquish control of his company. If I were the judge, Id have been tempted to issue a ruling that called into question the legality of these rules. Admittedly, Im kind of surprised that somebodys buying 100 silencers a month. In the meantime, AAC continued to use their pre-sale FFLs to conduct business while Freedom Group obtained a new one for the new AAC, and even after the new FFL was in place the existing stocks of guns and ammo that had been agreed upon as part of the sale remained in the old FFLs bound books. He envisions a company with 50 people run with real leadership. Silencers turn shooting more into golf.. The 42-year-old multimillionaire started selling guns when he was in high school, opened an NFA shop selling silencers, and then incorporated Advanced Armament Corporation when he was 19. Back in the early 1900s, 1930 or so I believe, a law was passed creating the class 2 and 3 NFA tax stamp nonsense. 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. He interviews some pretty major players in the industry. Another option would have been to sell off the most controversial product lines, like Bushmaster, but the centralization of manufacturing made that impossible, too. If you guys aren't aware, Kevin Brittingham from Q has a podcast. Ive seen countless contracts that are all performance based, requiring quotas. In 2008, it introduced its new Remington-branded assault rifle, the R-15. So one weekend in late 2005, he left behind the Manhattan offices of Cerberus Capital, the private-equity firm hed founded, and his multistory Upper East Side residence, which he was in the process of spending $15 million to renovate, and traveled to Moyock, North Carolina, to the tactical-training facilities of Blackwater, the notorious private military contractor, for a weekend of long-range-firearms instruction. [24] AAC also partners with the National Rifle Association in grassroots lobbying efforts to educate voters about firearms legislation. 2. Culture follows process, and vice-versa. Dr. Brittingham currently teaches the elective courses 420.628 Ecology and Management of Wetlands and 420.625 Ecology and Management of Estuarine Systems. . The owners and investors involved are strong supporters of the Second Amendment and are avid hunters and shooters. Two years later, three Freedom Group executives gave a million dollars each to the NRA. Honestly the revenue and sale of business dollars here are at the bottom end of business. Its part of campaign to smoke out and then attack unpopular Republican cuts. Plays Incompetent Willy Wonka at CPAC. Early Life And Career Of Eric Brittingham Eric was born on 8th May 1960 in Maryland. They were driving awfully fast down the road. After a year on the board, he quit. For what the business needs for basic internal control a simple word document would work. As in, why should there be any problem whatsoever with a company using a personal possession to facilitate R&D? By the end of the year, Remington Outdoors annual sales had finally passed its billion-dollar target. Inflation and public interest would work to somewhat normalize the stamp issue, but by now the sheer volume of bureaucracy surrounding the process is a barrier in and of itself. It is the same company. Reminds me of a conversation I had with a young man who is a sophomore at Penn, was basically convinced of the proposition that unless it is illegal, it is fair game. Many of these accessories were of questionable utility. 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 . For several values of they, as we say in the nerd-pool. Guys like Steve Feinberg live in a different world than Dick Dyke, he told me. Nearby Blackwater, he felt, had a much better setup. This is a trend in gun control lawsthe 1994 AWB was pushed through by the Clinton administration after another public shooting. Each month, he paid an equal share of Bushmasters gross profits to every employee, from the CEO to the guy who cleaned the toilets. The owner was having some cash flow issues, so he sold controlling interest to larger company. I hope Kevin starts a new company and blows freedom groups profits out of the water. But thats the gist. . PARA USA TAPCO As such, their word is worthless. itunes.apple. See ya! This site is protected by reCAPTCHA and the Google Becoming an employee is a trap, theyre just looking to screw you. [4], AAC's suppressor lineup includes models suitable for virtually every firearm caliber between .22 Long Rifle and .50 BMG. If nothing else, hire a bookkeeper to do nothing else but keep the NFA stuff straight. Not going to purchase anything under the FG banner. It makes no sense. So did a former Bushmaster employee I spoke with, whose complaints about Cerberuss conduct sounded, at times, more like complaints about capitalism itself. He seems to be sloppy, lazy, and foolish. Kevin and others repeatedly asked when someone would be assigned to help, but years after the sale there was no permanent employee detailed to handle AACs books. DeSantis Promises Florida Will Control Disney Content. View the profiles of people named Kevin Brittingham. While some enthusiasts collected guns, Feinberg collected gun companies. Model 321. The taxed portion goes into my pocket, the rest is paid to various funds and accounts that cover health, dental, retirement, etc. Net Worth in 2022. Freedom Groups connection to the bailout rankled right-wing gun enthusiasts. Nowhere is the lab-leak debate more personal than among the experts investigating the origins of COVID. It was the closest victims of gun violence had come since PLCAAs passing to holding a gun company responsible, but in the end, Cerberuss bet that the law would shield its investment turned out to be right. Although the PLCAA granted immunity from lawsuits of this type, lawmakers had left an exception: negligent entrustment. This term referred to the rights of victims to sue gun dealers who had sold weapons irresponsibly say, to a customer who was obviously drunk or homicidal. Remington is corporatist. In June of this year, the companys latest CEO, Jim Marcotuli, stated the obvious: Were not for sale.. View FREE Public Profile & Reputation for Kevin Brittingham in Washington, DC - See Court Records | Photos | Address, Emails & Phone Number | Personal Review | $70 - $79,999 Income & Net Worth One major legal case challenged the NFA, and would have been successful save for a technicality causing the plaintiff to drop/abandoned the action. Remington could have gotten exactly what they wanted if they had just been patient. Kevin Brittingham doesn't mess around, announcing a 1 March launch of his new brand. Can you name a bullshit free marketer who opposes the sanctity of private contracts?. The guns in AACs vaults became a tangled mess, and there was no end in sight to the compliance nightmare. Muhammad hadnt purchased his Bushmaster legally; hed stolen it from a gun store. So one weekend in late 2005, he left behind the Manhattan offices of Cerberus Capital, the private-equity firm he'd founded, and his multistory Upper East Side residence, which he was in the. While the guns were being sorted, a hand written list of which guns were under whose ownership was compiled. Why? goes a bit deeper. He was replaced by another Cerberus insider, George Kollitides, who oversaw a plan to relocate most of Freedom Groups manufacturing to a disused Chrysler facility in Huntsville, Alabama. Scummy business practices that too many companies engage in these days, and why I cant side with the bullshit free marketeers who want places like that to have no laws or regulations controlling their bullshit. . Q&A With Kevin Brittingham, the Most Radical Guy in Guns Tactical-Life 68.6K subscribers Subscribe 10K views 3 years ago Tactical Life gets some rare face time with one of the more unique. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. Why would I say that about Somalia? Reichert obliged, dragging his pupil into the swamps near the Camp LeJeune base. . I hope Remington and Marlin excuse themselves from the toxic environment of FGI, and Im glad that Kevin is free. Its also interesting how so much common sense gun (health care, education, environmental, media & communications, food, drug & finance) legislation creates arcane processes that play out later, and are subject to working the ref. So, lobbyist and activists advocate to throw gun (& etc.) Surveys estimated that somewhere between 20 and 30 percent of Americans owned guns, but usually just one or two. Youve mostly answered what or how. Brittingham, the founder of Advanced Armament Corporation, currently holds more than 40 patents in the firearms industry. Really. Soon after the sale, Bushmaster was folded into Freedom Group, the holding company Cerberus had chartered to conquer the gun business. She purchased a Bushmaster assault rifle in March 2010, part of an expanding arsenal: three pistols, two bolt-action rifles, a shotgun, and three samurai swords. Reichert had earned the Bronze Star for valor that day; two months later, he had a hole ripped in his cheek by an IED. Period. Will others follow? BAD MOVE. I probably would have been better off going to a state school, he said. Not later, not contingent upon some future issue. Anyone who has been around small businesses knows that they are hornets nest of incompetence, greed and outright fraud. So you have one failed business buying an out of control business. I want to work on guns, not paperwork, but since theres only 24 hours in a day, if you want to make product, you have to choose where youll spend your time: Making products or filling out paperwork? The buyout was doomed from the beginning. Model 123. It was a moot point, according to the judges decision, because Kevin was present during that photo shoot. So now youve got tens possibly hundreds of NFA items being transferred between, moved around, and otherwise commingled by the original owner and a company with two different FFLs any one of which may or may not technically be in constructive possession of those item(s) at any given time. The gun cultures objection to conglomeration was reminiscent of objections Id once heard from conscious consumers when Unilever had purchased Ben & Jerrys. [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. Those who advocate for markets generally want fewer, but strongly enforced laws. From 2006 to 2013, that number doubled from 10 million checks to over 21 million. He had pissed off the management, but that wasnt sufficient cause for dismissal. I think we just misunderstood each other. When the five-year agreement to keep the original Bushmaster factory open expired in 2011, the plant was shut down almost immediately. If MACs review didnt end the desire, this sure did. I think it says that Jason wanted AAC to be a separate P&L and the President of Remington wanted it to be another plant. 9 comments. Yep. Who was buying them? But the social fallout had cost it dearly, affecting its ongoing access to capital in a way it hadnt foreseen. 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. Investors fled Cerberus. The Biden administrations policy of blocking unvaccinated people from the country continues to make little sense. Got a quote from Remingtons web site or one of their executives? The courts didnt buy the argument, and last month, the judge in the case dismissed the lawsuit. 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. On the stand, Remingtons own ATF expert testified that the practice was indeed illegal. It makes no sense. Dont buy any Freedom Group Products. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. This round has the same overall length and width as the popular 5.5645mm NATO round, except it fires a 30 caliber bullet allowing for better barrier penetration and external ballistics from short barrels. Under Review. Its like handbags for women.. Most of these fees could be collected only once the investment had been closed meaning that even before he entered a business, Feinberg was thinking about how to exit. With this ruling we have a pretty good case that we need to consider a mass boycott of FG, period. . (Personal reasons. He claims that one of the AAC employees brought them over and that he wasnt even present for the photo shoot. The former VP has an extremely narrow path to viability in 2024. One example is the migration of the Activision guys through Microsoft, then into Smith and Tinker (which eventually didnt work, exactly.). Even though KB owned the company, his employees and the company werent him legally for purposes of the ATF. Yeah, sure. That's why we put him on the cover of the April/May 2019 issue of Tactical Life Magazine. On one floor are the hedge funds, trading in distressed debt and residential mortgages. Reichert, the shooting instructor, eventually left Tier 1 Group to work on a classified high-tech firearms program for DARPA. But there was a problem.