Armalite Has Been Sold
According to the following press release, Armalite, most well known for inventing the AR-15 platform, has been sold to Strategic Armory Corps.
SAC is most well known for their AWC brand of silencers and their Surgeon brand precision rifles. It will be interesting to see what SAC does with the iconic brand.
Phoenix, AZ –(Ammoland.com)- Strategic Armory Corps (“SAC”) announced today that it has acquired ArmaLite, Inc. ArmaLite is a leading manufacturer of a complete line of semiautomatic rifles, including the M15 and AR-10 lines, and an expanding line of advanced bolt action rifles in a wide range of calibers from .308 Winchester through .300 Win Mag, .338 Lapua, and .416 Barrett to the massive AR-50A1 .50 caliber rifle. Mark Westrom, the seller of ArmaLite, will remain as an investor in SAC and will serve on its board of managers.
The ArmaLite Division of the Fairchild Engine and Aircraft Company was the original developer of what has become known simply as the “AR”. In fact, “AR” actually stands for ArmaLite. There have been many variations of the original rifle, and today’s ArmaLite produces some of the highest quality firearms in the market. ArmaLite will continue to operate out of its facility in Geneseo, Illinois which houses approximately 90 personnel.
Strategic Armory Corps manufactures precision bolt action rifles under the name Surgeon Rifles, high quality firearm suppressors under the name AWC Silencers, and match grade ammunition. “ArmaLite is a tremendous addition to our group of outstanding companies and broadens our product line so we can better meet the needs of our customers”, said Mark Johnson, SAC President and CEO.
“The history of Mark Westrom over his 19 years of leading ArmaLite will provide a wealth of industry knowledge to our leadership team and allow us to further expand our ability to meet the ever increasing demands for the highest quality products by our customers and the marketplace.”