Sturm, Ruger & Company, Inc. (NYSE: RGR) has issued a Safety Bulletin for certain Ruger Precision Rifles. Ruger recently learned that some Ruger Precision Rifles may experience interference between the aluminum bolt shroud and the cocking piece (also known as the firing pin back). In rare instances, the interference can disrupt the firing mechanism and cause it to not function properly. This interference can potentially lead to light primer strikes or, in extreme cases, the rifle may not fire when the trigger is pulled. If the rifle fails to fire when the trigger is pulled, it may fire when the bolt handle is subsequently lifted. In rifles where this condition exists, the issue often resolves itself as the parts wear and the interference is reduced. Therefore, rifles that have fired more than 100 rounds with no issues or concerns are unlikely to be affected, and no additional action is necessary.
Although only a small percentage of rifles appear to be affected and the Company is not aware of any injuries, Ruger is firmly committed to safety and is offering free replacement aluminum bolt shrouds for affected rifles in order to eliminate the possibility of such interference. Ruger Precision Rifles (regardless of caliber) that have an aluminum bolt shroud and fall within the following serial number ranges are potentially affected: 1800-26274 to 1800-78345 or 1801-00506 to 1801-30461.
Not all rifles within these serial number ranges are affected; this Safety Bulletin does not apply to Ruger Precision Rifles with polymer bolt shrouds. Ruger encourages anyone with a Ruger Precision Rifle that has an aluminum bolt shroud and a serial number within the above ranges to visit http://www.Ruger.com/RPRSafety and use the lookup tool to determine whether their rifle is potentially affected.
Although all Ruger Precision Rifles with aluminum bolt shrouds within the above serial number ranges are potentially affected, most rifles will never experience this issue. Ruger Precision Rifle owners who have ever experienced light primer indents or failure to fire should visit http://www.Ruger.com/RPRSafety to sign up for the safety offer and obtain additional information.
When consumers sign up, Ruger will ship the replacement bolt shrouds on a first-come, first-served basis. Actual delivery will depend upon demand, as Ruger is currently manufacturing replacement bolt shrouds for this program.
About Sturm, Ruger & Co., Inc.
Sturm, Ruger & Co., Inc. is one of the nation’s leading manufacturers of rugged, reliable firearms for the commercial sporting market. As a full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, “Arms Makers for Responsible Citizens®,” echoes the importance of these principles as we work hard to deliver quality and innovative firearms.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens”