Hunting/Shooting

4/10/2025 |  NSSF: Firearm Industry Contributes $866M to Wildlife Conservation Since 2008 April 10, 2025 (SGB UPDATE) NSSF, the firearm industry trade association, is reporting that the total economic impact of the firearm and ammunition industry in the U.S. increased from $19.1 billion in 2008 to $91.7 billion in 2024, a 379 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to over 383,000, a 130 percent increase over that period.

3/31/2025 |  FN American Awarded Defense Logistics Agency Contract for Machine Gun Barrels (SGB UPDATE) FN America, LLC, the manufacturer of military product lines, was awarded a firm-fixed-price IDIQ contract, valued up to $39,643,953, to supply the U.S. Department of Defense’s (DoD) Defense Logistics Agency (DLA) Land and Maritime with barrels for M240 and M249 machine guns.
“The contract to provide barrels for M240 and M249 machine guns is a testament to our partnership with the U.S. DoD, a partnership that dates to the early 1980s,” said Mark Cherpes, president and CEO for FN America, LLC. “We’re incredibly honored to support the U.S. military with the highest-quality cold hammer-forged barrels. The durability and accuracy of FN barrels provide our servicemen and women with the most effective and highest performing products available.”

3/6/2025 |  American Outdoor Brands Swings to Fiscal Q3 Profit as Sales Come in Ahead of Plan (SGB UPDATE) American Outdoor Brands, Inc. reported net sales were $58.5 million for the fiscal third quarter ended January 31, an increase of 9.5 percent compared with net sales of $53.4 million for the prior-year fiscal third quarter.

• Traditional channel net sales up 9.6 percent
• E-Commerce channel net sales up 9.5 percent
• Domestic channel net sales up 10.1 percent

3/5/2025 |  Maxim Defense Enters Distribution Agreement with MGE Wholesale (SGB UPDATE) Maxim Defense, the manufacturer of firearms, suppressors, ammunition and accessories, announced its partnership with MGE Wholesale, a nationwide distributor of firearms, ammunition and shooting sports accessories.
“We couldn’t be more pleased to have partnered with MGE Wholesale,” said David Farrell, VP of sales at Maxim Defense. “With their deep industry relationships and their commitment to delivering top-quality products and services, this partnership collaboration will allow us to provide our complete selection of firearms, suppressors and accessories to their dealer base.”

2/28/2025 |  EXEC: 5.11 Tactical Posts Flat Sales in 2024 on Weak DTC Business; Takes PFAs Write-Down (SGB UPDATE) Compass Diversified (CODI) Branded Consumer net sales, which includes 5.11 Tactical, Boa, The Honey Pot, Lugano, Primaloft, and Velocity Outdoor, increased 8 percent in the 2024 fourth quarter to $403.0 million year-over-year. On a pro forma basis, Branded Consumer net sales increased 10 percent to $1.5 billion in the full year 2024.