Stag Arms Manufacturer’s License Revoked

Bob Owens at Bearing Arms notes that: Stag Arms, the Connecticut-based AR-15 manufacturer, has lost it’s federal firearms license as a result of not properly keeping track of serialized lower receivers.

The rest of his article can be found at http://bearingarms.com/stag-feds-revoke-ar-15-manufacturers-license-sloppy-record-keeping/

Press release from Stag Arms:
Stag Arms, LLC today announced that the company and its founder, Mark Malkowski, have reached a resolution with government officials stemming from an investigation that began last year relating primarily to the timing of recordkeeping during the manufacturing process and compliance with federal firearms manufacturing and registration requirements. Both Stag Arms and Mr. Malkowski cooperated fully with the government throughout the investigation. While both Stag Arms and Mr. Malkowski believe that public safety was never compromised, they have agreed to enter guilty pleas and to pay significant fines, because doing so is in the best interests of the company and its employees. Mr. Malkowski has also agreed to transition the business to new ownership and is in advanced talks with a potential buyer. Mr. Malkowski will continue as a marketing consultant to the business and the industry for a period of time following the sale. Stag Arms takes its obligations to comply with all laws and regulations very seriously and has made comprehensive changes to ensure that similar problems cannot happen again and that best compliance practices are maintained in all of its operations.

TrackingPoint Restructures & Relaunches

Back in May, things were looking grim for Austin-based TrackingPoint. The company, which manufactures Linux-powered smart rifles capable of nailing moving targets more than a thousand yards away, had posted a notice on its website saying that it stopped taking new orders. Multiple news sites began publishing stories saying that TrackingPoint had laid off half of its employees and was on the verge of filing for bankruptcy.

Then this past Tuesday, TrackingPoint emerged from what it calls a period of “restructuring” and is once again taking orders. TrackingPoint founder John McHale is now in the role of CEO, and former CEO John Lupher stepped in as vice president of engineering (a role similar to where he was back in 2013 when Ars first wrote about TrackingPoint). Another former CEO, Frank Bruno, will become a Chief Operating Officer.

“The new TrackingPoint is really a clean start for the company,” McHale explained in a telephone interview with Ars on Wednesday. “We have invested $35 million in research and development, so that’s our core asset. And we’re relaunching, recapitalized, with financing from three large investors, including McHale Labs, which is my investment company.” The re-launched TrackingPoint will continue to focus on both civilian and military sales, and the company will have four main products: a large bolt-action rifle chambered in .338 Lapua Magnum, and three AR-15 carbines, chambered in 5.56mm NATO, 7.62mm NATO, and .300 AAC Blackout.

McHale tells Ars that the company’s apparent collapse and near-insolvency was a result of growing too quickly without effective planning and controls. “In the end, we had a massive inventory issue,” he said, elaborating that the company simply sank far too much capital into inventory and wound up with a glut of just about everything—from electronic components for the scope, to barrels and firearms, all the way down to screws.

“We had tremendous growth in 2014, and small companies oftentimes have growing pains where their systems and back-office systems and planning processes don’t keep up with growth,” said McHale. “And that’s what happened to us—in particular, our material planning systems were not adequate.”

Read the rest of the article: http://arstechnica.com/gadgets/2015/09/smart-rifle-company-trackingpoint-restructures-and-relaunches/

2016 Magpul Calendar Photoshoot

It’s that time of year again. We loaded up the cars, bikes, and guns and headed a few hours north to Dallas. Once there, we met up with an all-star cast of some of the most beautiful women on the planet and put together a calendar that may just be our best one yet. The Texas sun was unforgivingly hot, but we think you’ll agree that the images that Dixie Dixon captured for us were even more so. The on-set work is all wrapped up, and now we’re working on choosing the best shots and formatting to finish out our 2016 calendar. While you’re waiting for the finished product, here’s a short look at what it took to get the shots and a sneak preview at the amazing girls who will grace the pages.

Photography by Dixie Dixon
Videography by Camden Robinson
Firearms by Magpul

Taurus Recall

The following firearms are subject to a recall (not the G2 series I’m told):

  • T-111 Millennium
  • PT-132 Millennium
  • PT-138 Millennium
  • PT-140 Millennium
  • PT-145 Millennium
  • PT-745 Millennium
  • PT-609
  • PT-640
  • PT-24/7

Further details:
http://www.grandviewoutdoors.com/guns/taurus-agrees-to-39-million-settlement-in-defective-pistol-case/

RECALL: Taurus Curve

From Tooele Shooting Supplies’ FB Page:

Got a couple of the new Taurus Curve pistols today. Before they arrived, someone from Taurus called us to tell them we couldn’t sell them, and had to send them back to the factory… due to issues they refused to discuss.

Source: http://gunsovertexasradio.com/2015/03/27/taurus-curve-recalled-already/