Learn about their background and contact information here. Brittingham currently teaches the elective courses 420.628 Ecology and Management of Wetlands and 420.625 Ecology and Management of Estuarine Systems. Internally, business conditions are improving, as Marcotulis cost-cutting fixes have returned the company to profitability. Investors fled Cerberus. But, I'm not afraid of failing. Perhaps no single person benefited more from the automotive-industry bailout than Stephen Feinberg, who, in all other respects, was a conservative. AAC has been responsible for numerous innovations with regard to . 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. GRAND ISLAND, Neb. He sold AAC to what was then called The Freedom Group (now Remington Outdoors) only to find himself fired from the company he founded. Soon, Remington-branded assault rifles were available at Walmart. I kill a lot of stuff every year. Why wouldn't you just put these on every gun? Many of these accessories were of questionable utility. Reactions: Kevin Brittingham and jeep94. Cerberus put up the capital, purchasing a shooting range on the outskirts of Memphis for Tier 1s facilities, a sprawling 800-acre private military base with a half-dozen shooting ranges, on-road and off-road driving courses, a parachute-drop zone, and an urban-combat compound designed to look like an Afghan village. Well, I'm definitely afraid of losing. The military-proven guns offered the buyer vicarious status as an operator, although Cerberus understood well that few of its customers actually had combat experience. He'll be the first one to tell you he's a mixture of both of those attributes. Not having to compromise in any regard. The Brittingham Society has had four director of residency physicians since it's inception. Kevin Brittingham founded AAC, and his success was due in part to the culture that the company cultivated. See, the thing is if I were richer, or I were smarter, or I were more articulate, whatever the combination of things would be, I wouldn't have the personality and attitude that I do. [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. They were very driven to get to a billion in sales, Dyke said. They werent in it for the right reasons. When I suggested to him that Cerberus just wanted profits, he responded with indignation. Q markets the Sugar Weasel as the poor man's Honey Badger. You've got a healthy margin. The California bank was rotten, but how many more failures can the system take? The current lineup of Sig cans shows that he did his job well. These dimensions allow the 300 AAC Blackout to be used in existing magazines designed for M16 or AR-15 rifles. This approach was duplicated across a number of other Freedom Group sidelines, including manufacturers of weapon optics, pistol grips, ammunition, even clothing. They had plainclothes guys with guns and they bring everybody up front in front of my office, which was all glass, which they led me out of the building and then they tossed my sofa and everything. On a separate floor is the private-equity group. Facebook gives people the. In '97, I started manufacturing cyclic rate reducers for the M16. This has led to far wider adoption than the .300 Whisper, which is proprietary to SSK. By the end of the year, Remington Outdoors annual sales had finally passed its billion-dollar target. A catalyst was the Protection of Lawful Commerce in Arms Act, pushed by NRA lobbyists and passed by a Republican-controlled Congress in 2005. I think the MCX could have been my choice, but I think SIG cut corners. In December 2011, Advanced Armament fired its founder, Kevin Brittingham, for taking his personal guns, as well as a grenade launcher, to work in violation of company policy and federal firearms . Meanwhile, with elementary schools across the country now forced to conduct active shooter drills, the California teachers were demanding out. I didn't grow up with guns. If you are looking for proof, take a walk down the . As the head of Cerberus, he personally owns a controlling, concentrated stake in the firm likely a majority. Johnny Noveske certainly was. AAC's Honey Badger project would eventually fail to reach the market while SIG's MCX, a competing product, would flourish. I get people at high levels at SOCOM who would talk sh*t to me about 300 Blackout, and then I realize, they've never killed any f*cking thing in their life. I've been fortunate; I've been very lucky. Of course, owning was a questionable term here; by the end of 2015, Remington Outdoor Company was worth less than the debt attached to it, like a house with an underwater mortgage. Blue rolls into wrestling match - "I haven't been to a Cape wrestling match in 40 years," said Eugene "Blue" Brittingham from his wheelchair prior to the William Penn match Wednesday night. I think freedom of speech is probably most important. In the bankruptcy auction of Remington Outdoor Company in September 2020, the company was sold to JJE Capital Holdings, LLC. At approximately 2:15 p.m. on Thursday, April 8, the inmate, Kevin Brittingham, 55, of Newton, was arrested for domestic battery and booked into the jail. But, more so, he's an innovator; that's how he ended up on the cover of the April/May 2019 issue of Tactical Life Magazine. February 11, 2022. Yeah, sure. I think, without the First you're not getting the Second. I'm going to do what's right. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2023 Recoil Magazine Whos right? To market their shooting platforms, the Freedom Group frequently employed the cultural imagery of the global war on terror. In 1999, he had appointed Vice-President Dan Quayle chairman of the global divisions of his firm, despite Quayles confessed lack of business experience. 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. The modular suppressor includes a barrel attachment portion that has a central passage. If that means we're developing ammo. He came from humble beginnings. In late 2013, Freedom Group rebranded, changing its name to Remington Outdoor Company. [4], AAC's suppressor lineup includes models suitable for virtually every firearm caliber between .22 Long Rifle and .50 BMG. By some karmic coincidence, Martin Feinberg, Stephens father, lived in Newtown, in a senior community. [24] AAC also partners with the National Rifle Association in grassroots lobbying efforts to educate voters about firearms legislation. KB: No. It's like I love guns, but the industry is f*cking horrible, run by a bunch of people I don't like. Dr. John Sergent, M.D. Updated: 5:39 AM EST January 14, 2022. The original idea, of an IPO, was out of the question: No reputable investment bank would underwrite it, nor even take the M&A fees associated with a private deal. Name. In the comments, shed posed the question: Who is my dad.???????. We pick deer out to shoot for that purpose. By focusing on the military market, and especially special ops, you can translate that to the commercial market, Brittingham said. I loved him a lot. Kevin Brittingham founded Advanced Armament Corporation in 1994 to manufacture sound suppressors, having previously been a distributor for GEMTECH, another suppressor manufacturer. It wouldn't be like a pretty boy. Kevin Brittingham is an Environmental Studies lecturer at Johns Hopkins AAP. Kevin Brittingham has been working as a Account Executive at Mt. All four of us hunt together all the time. He was responsible for the commercial popularity . He spoke quietly, patiently, in a gentle New York accent. Some of that is you have to go overboard. . KB: Yeah, Trey Knight has been one of my best friends for 20 years. KB: You tell me. A man allegedly killed 5 of his neighbors on Friday night shortly after they asked him to stop shooting his gun so their baby could sleep. Feinberg was good at that, Reichert said. We're going to build rifles. That's success to me. He patented the firearm silencer, not the firearm suppressor. Rebel Democrats Risk Empowering GOP Extremists on Debt Limit. Texas Family Gunned Down By Neighbor in Horrific Shooting. I don't know that I'll ever divulge that. Alas, the second time wasn't the charm. Since February 6, 2016, Brittingham . I want to be successful. Why Did Fox News Fire Tucker Carlson? . Us and maybe DPMS were making money. By March 2012, Nardelli was gone. The Ultimate Firearms Destination for the Gun Lifestyle, 2023 Recoil Magazine That's not a compensation thing. Despite Remington not believing in it. I was like, What? Before being acquired by Cerberus, Bushmasters bare-bones product brochure had all the glamour of a catalogue of plumbing fixtures. That or the older specwar 7.62. It's a way we provide food for our family. Then we're going to go from there. He is unlike anyone I've ever encountered in the gun space. His desire for quick results is masked by a constitutional equanimity: Several Cerberus insiders told me Feinberg never raises his voice, even when he is calling for someones head. There wouldn't be a LaRue Tactical if there weren't groups that gave him every product they wanted him to make. KB: I'm going to build accessories, silencers. Yeah, but then you got a bigger, heavier gun. Now they're adopting it. The move offered nearly $40 million in state tax incentives, but Freedom Group still struggled. 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. The gun cultures objection to conglomeration was reminiscent of objections Id once heard from conscious consumers when Unilever had purchased Ben & Jerrys. Cerberus agreed but was a less generous manager. I took .260 to SOCOM six years ago. Reichert named the company Tier 1 Group, after the Defense Departments designation for its top-level commandos. I'm pretty bold. In 2006, he had hired George W. Bush Cabinet appointee John Snow as co-chairman shortly after the Treasury secretary resigned. 2023 Vox Media, LLC. Tony Hawk, skateboarding, X Games, motocross. Brittingham in 1992. Let's just say that signing off on the cost of a (kick-ass) Star Wars Tie-Fighter themed conference room wasn't something that washes down with a two-martini lunch. Freedom Group regularly introduced must-have innovations threaded triangular barrels, polarized scope filters, lightweight polymer stocks and customers rushed to outfit their guns with the latest in firearms tech. Hunter Bidens Paternity Case Isnt Going Very Well for Him. Owning a gun business doesnt just affect ones reputation it also affects ones ability to own other, less controversial businesses. The US Navy Special Warfare Group approached us shortly after Remington had purchased Advanced Armament from me. In the end, none of them were happy they sold., Reichert remained an outspoken advocate for the broadest possible interpretation of the Second Amendment. The CEO, whose company is betting big on artificial intelligence, tells Kara Swisher that hes more worried about humans than machines. 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. It's short. But, his nose for talent and a relentless drive to prove everyone who may have doubted him wrong all combined to make him the Sun King in a firearms industry run by powder-wigged nobility who wouldn't know cool if it were a rapier against their collective throat. It's just f*cking despicable. Theirs are rated for belt fed . He is said to be Cerberus Capitals largest investor and reinvests most of his earnings back into his funds. KB: I like to kill sh*t. If you want a simple answer, there it is. Whatever it is. You drive a Lamborghini. Once released from non-compete purgatory, Brittingham settled into a new home with SIG SAUER in New Hampshire. Then he went to Sandy Hook Elementary School and shot his way into the school, killing six adults and 20 schoolchildren, all with the Bushmaster, in less than ten minutes. Forbes magazine estimates it at $1.2 billion; office gossip at Cerberus puts it closer to $3 billion.
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