Confidential sources tell TTAG that the Freedom Group is about to eliminate the Advanced Armament suppressor brand. [Note: we’ve put in a call to Remington.] According to our informant, TFG will merge AAC and TAPCO to create a new, as-yet-unnamed firearms accessory brand. If so, it’s a bold, not-to-say reckless move; both Tapco and AAC have considerable brand recognition. That said, Freedom’s shown itself to be a die-hard cost-cutter (e.g., their decision to move Marlin and Bushmaster’s manufacturing to Remington’s New York factory). Watch this space. Meanwhile, we’ve heard that the Model 700 and Seven recall will cost Remington . . .
some $20m. Given the long-running lawsuits over Big Green’s trigger trouble, that sounds low. Methinks a class action lawsuit on behalf of thousands of gun owners will liberate at least that much from The Freedom Group’s coffers.
Not to mention the fact that the company is going to have fix tens of thousands of rifles from individual customers. Does Big Green have anywhere near enough personnel to git ‘er done in an effective timely fashion? If not, the recall will damage the Remington brand even more than mere cash outlay would indicate.
Freedom Group is privately held, so we may never know how much the recall will run – until and unless they break up or flip Freedom.