So Kevin could have admitted they were his. He was picked up by the NRA in 2013 and is thier "most prominent black commentator," per Wikipedia. I have little sympathy for any of the players. Remington still hadnt paid the full purchase price either, meaning that Kevin was stuck for another few years. Things you buy through our links may earn Vox Media a commission. Yep. Dyke, who remained on Bushmasters board, sensed he was in unusual territory. On the dotted line of that agreement he signed only the word flounder. According to Kevin that was written in the title box, as Kevin had had his title changed from president to founder, but he doesnt remember writing it. I disagree with your assertion that bullshit free marketers want no laws. ;-P. I think Ill defer any future purchases of products owned by or associated with Remington or the freedom group. Got a quote from Remingtons web site or one of their executives? They didnt get the three hints, unequivocal in the balance sheet: You dont have a going business, or youd be making money & getting things done. Sure there are downsides to unions (some more than others); but my vacation, pension, retirement, health, etc accounts are all in my name and cannot be touched or withheld by anyone, and are not dependent on the further health and good management of any employer or even the union (with the exception of my pension account, which is only part of my retirement and one which I am not going to rely on having in 30 years). A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Reichert named the company Tier 1 Group, after the Defense Departments designation for its top-level commandos. Its not clear whether Remington and Freedom Group realized that Kevin hadnt signed the document or if Kevin had tried to dupe them but either way he came back to work, accepted the lower pay, and kept right on trucking. 2. The thing was doomed because there was perhaps no meeting of minds, but certainly somewhere along the line the understanding of the deal diverged. So did a former Bushmaster employee I spoke with, whose complaints about Cerberuss conduct sounded, at times, more like complaints about capitalism itself. Dr. Brittingham currently teaches the elective courses 420.628 Ecology and Management of Wetlands and 420.625 Ecology and Management of Estuarine Systems. This despite Kevin meeting and exceeding his stated performance goal (growing the company by over 100%, more than the amount required by the employment agreement). The 100 Most Expensive Homes in Dallas 2005 - D Magazine As far as maintaining a list of serial #s, descriptions, and ownership there shouldnt be any difference. It was a moot point, according to the judges decision, because Kevin was present during that photo shoot. Muhammad hadnt purchased his Bushmaster legally; hed stolen it from a gun store. . Class 2 and 3 weapons are strictly trackedyou have to file paperwork to transport them most of the time, to sell them, to buy them, and to transfer them into a trust/company/FFL holder, and thats assuming that your state allows ownership in the first place. Unions arent perfect, but as a member of a construction trade union all of my benefits are rolled into one hourly rate that the contractor pays. Instead, it's long-term commitment. So you have one failed business buying an out of control business. Freedom Group marketed its firearms not just as guns but as shooting platforms: modular, lethal Lego sets whose component parts could be updated for years after the initial purchase. But here are the cliff notes: Due to these decisions, the judge ruled that Kevin had been terminated without cause and was due every cent of the damages that he demanded: somewhere around $14 million plus lawyer fees and interest. No thanks! 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. So, say he leaves a pre-ban m16 on premises and an employee begins testing a new silencer design on the gun. For a time, it was the largest landlord in the city. Really. Im shocked. It makes no sense. ADVANCED ARMAMENT The idea was that Remington would either purchase those guns later or get some replacements, but in the meantime Kevins stash would remain in the shop and fuel the development of new products. I wrote a piece about this some years back titled Chinese Contracts got me a couple nice reviews, for example from The Trusted Advisor. (Apologies to our Dear Overlords if Im over the self-promotion line with this. What happened to registration is prelude to confiscation? Doesnt apply to silencers, machine guns, and short barreled long arms? The issue is that what constitutes infringement has been warped and watered down for decades. The gun business is almost like a fashion business for men. Regardless, short of repealing the NFA, Ownership, manufacture, maintenance, and transfer of such items is a legal nightmare, especially if you want to do it on a corporate level. I see a few things in your writeup that seem incorrect. Remington, etc. Hope he will go on to do great things in the silencer arena. Mr. Bittingham is not blameless in this episode. Over time, Reichert became Feinbergs friend. Back in the early 1900s, 1930 or so I believe, a law was passed creating the class 2 and 3 NFA tax stamp nonsense. [20], The .300 AAC Blackout cartridge was developed by Advanced Armament Corporation in cooperation with Remington Defense, under the direction of Kevin Brittingham. Eric Brittingham Net Worth And Some Interesting Facts In 2020 Realizing that AAC would not be able to function without using Kevins personal guns for R&D, the deal allowed time for those guns to remain on premises while the transfer was taking place. However, Kevin was a gun guy. BREAKING: Kevin Brittingham Wins Lawsuit Against Freedom Group Theres no doubt were taking customers away from the old Bushmaster base, Dyke said. Freedom Group and Remington had conspired to find a way to fire Kevin in order to save $4 to $8 million that he was due as performance incentives and pay.. As such all they had to go on were the bound books for the new FFL, and the guns they were putting in the Kevin pile turned out to indeed be related to the sale of the company years earlier. Kevin Brittingham Profiles | Facebook Can you name a bullshit free marketer who opposes the sanctity of private contracts?. His goals this time aren't acquisition as the measure of success. Agreed. In 2015, Walmart announced it would no longer carry assault rifles. Running a company from inside a jail cell is tough. Forbes 2016 World's Billionaires: Meet The Richest People On The Planet 2023 Vox Media, LLC. He likes guns. One example is the migration of the Activision guys through Microsoft, then into Smith and Tinker (which eventually didnt work, exactly.). The next day he was fired, supposedly for still having personal firearms on the premises. Wow, lot of work went into this one. The judge didnt find Kevins testimony credible on that point, but the lack of evidence to support Freedom Groups assertion that the guns were Kevins makes it a moot point. The conclusion of the decision is pretty awesome to read, and I recommend you do it in full. What worked in the battlefield worked in the forest. Lots of reasonsand someone can probably say this better and with more authority than I can but. Will others follow? Their aggregate net worth was $6.48 trillion, $570 billion less than last year. Several people I spoke to said Cerberus had extracted enough cash from Remington during the good years to meet the firms threshold rate of return, and so, in a narrow sense, the investment was a victory. They feel free to deride various systems in favor of the ideological flavor of the day, even as they enjoy the benefits of a society that works within a set of rules for the mutual good. Kevin Brittingham founded Advanced Armament Corporation in 1994 to manufacture sound suppressors, having previously been a distributor for GEMTECH, another suppressor manufacturer. He interviews some pretty major players in the industry. 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. My choices of suppressors is getting short. Technically as soon as the company was sold they needed to start operating under a new FFL, since they had only purchased the assets and not the business itself. The Truth About Silencers, .300 AAC Blackout & Going To Jail w/ Kevin Nevertheless, even before it could be determined whether this was Kevins personal silencer or if it was for R&D at the company, Kevin was suspended. And as everybody knows, a stiff corporation has no conscience. There was no disguising its military heritage, but by stamping a storied brand onto this menacing instrument, Cerberus was able to expand Freedom Groups business in both the traditional gun-store market and the family-friendly sporting retailers. RELATED STORY The Fix by Q: Exclusive Look at One of the World's Most Innovative Rifles Kevin Brittingham, Radical CEO "I think the gun industry overall is very boring. Sales of the R-15 boomed. For founders of small companies, get a lawyer. itunes.apple. I work with a lady who just left a firm that used to be owned by a sole proprietor. REMINGTON 1816, Theres a hard product version of Conways law: Any software system reflects the organization that created it. (There are variations on the exact quote. 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. A year later, Cerberus bought Bushmaster for $76 million from Richard Dyke, the companys founder. P.S. The second-largest retail pharmacy chain wont buck Republican attorneys general. At that distance, he couldnt just aim his weapon at the target; he had to lob the bullet like an artillery shell. In 2006, he had hired George W. Bush Cabinet appointee John Snow as co-chairman shortly after the Treasury secretary resigned. 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. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. Advanced Armament Corporation (AAC) is an American company that develops and manufactures firearms, firearm suppressors, muzzle devices and related accessories. Nardelli is an infamous jerk. For founders of small companies, get a lawyer. Biden Chooses Crime Messaging Over D.C. Home Rule. He still is a gun guy. Youre betting that you are at least as good at working the ref as the other guy, and willing to do so. [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. 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. It was nowhere near accurate or complete, and was intended as a starting point rather than a finished product. The smaller the niche a small company operates in (in this case, silencers), the more reason to remain small and independent. Save my name, email, and website in this browser for the next time I comment. Case in point, the described photo shoot where non-owners of the items had access and moved them around to where other non-owners had access without the knowledge of the supposed owner. He had pissed off the management, but that wasnt sufficient cause for dismissal. Check out the CMP where guys have HUNDREDS of PERSONAL M1s etc and they know every SN, part and the freaking throat erosion number. Not something id want my career dependent on. The strategy is to try to be useful & learn all you can about how they can (probably) make the business work when you cannot. http://finance.townhall.com/columnists/danieljmitchell/2014/01/17/more-amusing-antilibertarian-humor-n1780470/page/full. BAD MOVE. Meanwhile, with elementary schools across the country now forced to conduct active shooter drills, the California teachers were demanding out. OK, Im plowing through the decision. Kevin Brittingham & Lindsay Bunch Join SIG - Soldier Systems 1. Ive seen countless contracts that are all performance based, requiring quotas. Kevin Brittingham Archives - Soldier Systems Daily Cerberus held majority equity stakes in Chrysler and in General Motors financing division and had brought in Robert Nardelli, the former CEO of Home Depot, to run Chrysler. Several things jump out at me: 1. Owning a gun business doesnt just affect ones reputation it also affects ones ability to own other, less controversial businesses. My point: Free market proponents expect contracts to be enforced quickly and effectively. Once you start dealing fit 7 digits in front of the decimal point, everyone is a scumbag. Good read though. Feinberg downplayed his wealth; Trump exaggerated his. You\'ll receive the next newsletter in your inbox. But thats the gist. Kary admitted to fellow castmate, Brandi Redmond that without her husband, Eduardo Brittingham, she would not have much to . He lucked out that Remington was even stupider than he was. PARA USA We'll give him,. Of course, it had wanted to do that all along. Via iRealHousewives. 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. 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. . Freedom Groups customers were buying, often at a premium, field-tested military gear. Advanced Armaments was small but did a lot of business with the military. . Its interesting to me that everything done in the run-up, with the possible exception of conglomerate financial firms falsely reporting the value of their assets when they knew better, was perfectly legal. This kind of organizational nonsense will come out in the products eventually. 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. I know all the guys involved, he said. Disabling a security camera to remove disputed items from your place of employment is a shady act. Remingtonand in particular Shaublegot caught, Schauble because he got greedy and wanted to own AAC, notwithstanding the deal he had cut with kevin. You gotta say no up front. 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. 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 was set up as a means of getting pretext charges against gangsters who were fond of the military grade hardware of the age. This is the second major ethic issue weve seen with Freedom Group that I know of. If you have cash flow issues so bad theyll take the company down, you dont have a company any more. That is a huge amount of paperwork and possible violation bate. 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. He seems to be sloppy, lazy, and foolish. Guys screwing over each other for peanuts. Its a shame really, I was thinking of doing a 700 build on the shiny new MDT LSS chassis, and the versamax looks very cool. Internally, business conditions are improving, as Marcotulis cost-cutting fixes have returned the company to profitability. The buyout was doomed from the beginning. 17.5k Followers, 1,349 Following, 3,347 Posts - See Instagram photos and videos from Kevin Brittingham (@kevinbrittingham) Shall not be infringed seems pretty straight forward from a pro-2a standpoint. There had been Big Pharma, and Big Oil, but never Big Gun. If my girlfriend was fired tomorrow, she gets all her vacation time because its earned wages, and the company withholding them is essentially theft. Ethically challenged executives and managers are pretty much the standard. 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. Wow, AACs operations sound like a Cluster. Throw into that confusion the fact that the R&D department was using some of Kevins personal firearms as design aides and you can see where there was a lot of potential for disaster..
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