Q&A With Kevin Brittingham, the Most Radical Guy in Guns Tactical-Life 68.6K subscribers Subscribe 10K views 3 years ago Tactical Life gets some rare face time with one of the more unique. If it hadnt been for the unconstitutional gun control insanity, none of this would ever have come up. I kind of wanted to check out an R51. Many were using equipment and methods that hadnt been updated for decades. Ya aint gonna run across Billy Graham in these small companies. Essentially just a Bushmaster painted green, the gun was re-termed a modern sporting rifle and marketed to hunters. But Scott Blackwell at Freedom Group told him in no uncertain terms that AAC would remain a separate entity.. He was joined in this request by the California State Teachers Retirement System, a key Cerberus investor and one of the largest pension funds in the country, which threatened to pull its money from the firm if it didnt divest from its gun investments. Prosecutors would grab them in possession of non stamped weapons and then build the rest of their caseor that was the theory anyway. Not something id want my career dependent on. 17.5k Followers, 1,349 Following, 3,347 Posts - See Instagram photos and videos from Kevin Brittingham (@kevinbrittingham) Having said that, Freedomless group tried to pull a dirtbag move and they received the punishment they deserved. All rights reserved. I expect many of you to do the same. At Trumps fund-raising dinner at Le Cirque in June, he made the largest political contribution of his life: more than $678,800, split between him and his wife. The dual-band career is the reason why Eric Brittingham is one of the wealthiest guitarists with a net worth of $6 million. We'll give him,. Lesson here is, if you own a company and have another, larger company come in an help, you dont own your company anymore. That is, if it hasnt already. Scummy business practices that too many companies engage in these days, and why I cant side with the bullshit free marketeers who want places like that to have no laws or regulations controlling their bullshit. Needless to say, if they try pulling that crap when she leaves Im not allowing them to get away with it. He envisions a company with 50 people run with real leadership. He is said to be Cerberus Capitals largest investor and reinvests most of his earnings back into his funds. 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.. The judge thinks that Kevin might have been after some personal firearms as well, but Kevin says he just wanted to grab his personal effects when he was suspended previously, Remington didnt even let him grab his kids backpack before being thrown out of the building. If my girlfriend was fired tomorrow, she gets all her vacation time because its earned wages, and the company withholding them is essentially theft. Some pretty flagrant violations of contract there Kinda puts me off of getting anything from Remington or any FGI owned company for that matter. And he did get $10 million up front, so its not like hes having to collect aluminum cans in parking lots to feed his kids.. Good to see Kevin get what he deserves. TAPCO Their collective expertise will further enhance the company's existing state-of-the-art special weapons development . There, the acquiring company often has a retention payment for key players to keep them around through the integration. 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). Now the retirees are finding out that they worked for decades at far below the rate that they thought they were getting. [8], In 2011, AAC was awarded a $14,201,731 contract for the muzzle brakes that they produce known as the "Brakeout". Perhaps no single person benefited more from the automotive-industry bailout than Stephen Feinberg, who, in all other respects, was a conservative. Investment managers werent likely to view the company favorably until the companys product-quality concerns were addressed. Too much can go wrong and stuff can just end up walking out of the door. I cant help but see some fault from Brittingham as well. Its impolite to call your customers wannabes, said the former Cerberus insider. Those who advocate for markets generally want fewer, but strongly enforced laws. However, Kevin was a gun guy. OK, Im plowing through the decision. Precisely this. I agree. Freedom Group owns the following: REMINGTON always recommend folks watch Glengarry Glen Ross written by David Mament. By March 2012, Nardelli was gone. He knew little about guns; his expertise was in high-efficiency manufacturing and building economies of scale. He is best known for being a member of the band Cinderella. That is not how I read it. BUSHMASTER This email will be used to sign into all New York sites. Among these customers was Nancy Lanza, of Newtown, Connecticut. Surveys estimated that somewhere between 20 and 30 percent of Americans owned guns, but usually just one or two. In practice they often buy people out of these even when its an early ejection for egregious behavior. Kary's increased presence on social . Within weeks, Reichert had a business plan and had assembled a team of military trainers, including a number of special-forces veterans. When the company grows beyond a certain point, the owner/founder should have someone to handle the legal stuff. Kevin thought that he was canned, but Remington offered him an option. Wed get after-action reports from the front lines, saying these tactics saved us, or this medical training saved us, with details, Reichert said. This is a trend in gun control lawsthe 1994 AWB was pushed through by the Clinton administration after another public shooting. Its hard to find an investment that is guaranteed by law to pay 9%/year. In early 2016, Donald Trump unexpectedly decapitated the Republican Party, and GOP power brokers were forced to choose sides. Dont mean to be demeaning. Comments from Kevin are marked as such.]. . However, even if they came out with a longer barreled version to make it Canada compliant I would not buy it now knowing what FGI has done. Of course, it had wanted to do that all along. Donald Trump Jr. Even though KB owned the company, his employees and the company werent him legally for purposes of the ATF. Really. Kevin Brittingham founded Advanced Armament Corp, which became one of the biggest silencer manufacturers in the world. Profits or not, other private-equity firms, having witnessed an unprecedented revolt from investors, wont touch it. I also thought through various replacement options . Pay attention next time cock a doodle doo. Matter of fact most of the gun industry is pretty much Tonys Car Repair stuff. (Personal reasons. The only thing he hard from Remington was that he had been fired for cause, which would void his employment agreement and leave him out $4 million. Nardellis tenure at Freedom Group was disastrous. I guess we ll have to agree to disagree LOL. Youve mostly answered what or how. I want to work on guns, not paperwork, but since theres only 24 hours in a day, if you want to make product, you have to choose where youll spend your time: Making products or filling out paperwork? Inflation and public interest would work to somewhat normalize the stamp issue, but by now the sheer volume of bureaucracy surrounding the process is a barrier in and of itself. Remington makes good products. He immediately started segregating the guns and, with some help, forming a pile that were not able to be positively identified as AAC property. The judge described it as an act of defiance and not a binding signature. The two were both pseudo-populist billionaires from New York, but otherwise dissimilar. Anyone who has been around small businesses knows that they are hornets nest of incompetence, greed and outright fraud. He wanted Freedom Group money to expand but he wanted to lose none of his control of the business. Via iRealHousewives. Thanks, ok, if you want why Ill give it a shot, with the same disclaimer as above. Then he shot himself in the head. Through one subsidiary, it ran the Royal Hawaiian Hotel in Waikiki. Think about it. The taxed portion goes into my pocket, the rest is paid to various funds and accounts that cover health, dental, retirement, etc. HOW MANY multi year rolloutS of 10k desktops? A fool and his company are soon parted. The only good news was that Kevin was untouchable unless he committed a felony, or broke company policy. Besides, the 300 BLK Handi Rifle is listed on AACs website, not Remingtons, and not even on H&Rs. I think you have it backwards. 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. One major legal case challenged the NFA, and would have been successful save for a technicality causing the plaintiff to drop/abandoned the action. Simple answer: its not his company anymore, and it wasnt the day he sold ownership and went from employer to employee. It has owned a school-bus manufacturer, a chain of bowling alleys, and a Japanese bank. The law even states you cant make someone sign an agreement to forfeit it. Protection of Lawful Commerce in Arms Act, Do Not Sell or Share My Personal Information. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. Feinberg was saved by Obama. Remington, etc. Wow, AACs operations sound like a Cluster. . As Gunsmith points out, any decent exec knows when to hire folks who can handle such matters. A Florida bill takes a ridiculous GOP argument to the extreme, aiming to eliminate the Democratic Party for its ancient ties to white supremacy. This is a whole boatload of fail and a passel of never mind. They werent just greedy, they were encouraged. Despite repeated requests, he was never given a reason for his suspension or the results of an external investigation into the issue. Forbes magazine estimates it at $1.2 billion; office gossip at Cerberus puts it closer to $3 billion. [5], The company's Titan-QD Fast-Attach suppressor is used on the US Army's M2010 Enhanced Sniper Rifle and the Remington MSR (Modular Sniper Rifle). Silencers turn shooting more into golf.. During this time, as court documents showed, Kevin had succeeded in pissing off Freedom Group to the extent that they were actively looking for a reason to fire him. management into systems influenced by lobbyists and activists. [6][7] The suppressor eliminates 98 percent of muzzle flash, 60 percent of recoil, and reduces sound by 32 decibels. You gotta say no up front. I hope Kevin starts a new company and blows freedom groups profits out of the water. Ill spare you the details (it gets pretty dry), but here are the judges own words on the compliance officer: [The compliance officer] was never intended to be a compliance person at best, he was unqualified to ensure appropriate compliance; at worst, he was sent to AAC to find a basis to terminate Brittingham. It makes no sense. Remy, Freedom group, whoever has 18million reasons not to pay him and spend at least half that money on lawyers to try and keep from paying him. Kevin Brittingham: In the 24 hours after we put it on the website for retail, we sold 600 of them. 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.. Remington still hadnt paid the full purchase price either, meaning that Kevin was stuck for another few years. Theres nothing intrinsically technically difficult about SBRs, suppressors, etc. I used to sell THOUSANDS of computers and somehow we managed to keep track of each and every machine, what it had installed, every card and all the associated history, even what location at the customer it was in. Theres nothing wrong with some post-closing inventive payments, so long as Seller is ok with the fact that he might not see a dime of it (i.e. Great people, period! 2 years later, hes fired from his own company, and she cant understand how. You are trading complete ownership of a pie you cant make work, for a slice of a pie someone else thinks *they can* make work. So you have one failed business buying an out of control business. Successful companies are purchased by larger ones. I cant rattle off specific cases and dates without some research. The audio could use some work, but it's pretty good. Kevin immediately tried to contact Freedom Group about the reason for his suspension, and he wasnt given any information. I hope Remington and Marlin excuse themselves from the toxic environment of FGI, and Im glad that Kevin is free. I havent read through the full decision (though I will), but this was an Interesting read. Brittinghams mistake, along with cutting a deal with jerks, is orchestrating a sale when he wanted a cash infusion & channel resale relationship. Lots of reasonsand someone can probably say this better and with more authority than I can but. Pink bolt action .22LR rifle with optics and no shoulder thingy that goes up. . Feinberg, an avid elk hunter, was one of his better pupils. Now Im looking at other options. What the ATF requires can be handled in a separate file. For now, that waste is buried in Steve Feinbergs yard. 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. It was rumored that, following the massacre, he asked his son to sell the company. Dang Go Kevin, I might use the word flounder if I am ever asked to sign something I do not agree with. Money was mentioned but that seems to have been to build consensus rather than the reason. Your above incontinence misses the main point of this post: Private contracts between two parties were treated as toilet paper by one party. The company was forced to settle. Actually, if everyone were equally well-armed and well-trained, even that wouldnt be necessary. A year later, Cerberus bought Bushmaster for $76 million from Richard Dyke, the companys founder. Eric Brittingham was born in Salisbury, Maryland in May 1960. The strategy is to try to be useful & learn all you can about how they can (probably) make the business work when you cannot. In 2002, it was the weapon of choice for John Allen Muhammad and Lee Boyd Malvo, the Beltway snipers. Having once sought a billion dollars for its investment, Freedom was, according to insiders, now internally valued at just $400 million. View FREE Public Profile & Reputation for Kevin Brittingham in Washington, DC - See Court Records | Photos | Address, Emails & Phone Number | Personal Review | $70 - $79,999 Income & Net Worth They made something, made it well, and EARNED every penny, WHILE treating their employees very well. Good read though. Do I support AAC or not give my $ to Remington. Rick Scott Is Unfortunately Right About Novak Djokovic. The industry was fragmented, consisting of numerous small, private manufacturers like Bushmaster scattered across the American Northeast. Of note, one of AAC's chief suppressor designers is Robert Silvers, creator of the PhotoMosaic. He spoke quietly, patiently, in a gentle New York accent. Behind all of this is Feinberg. Um, ever heard of Microsoft Windows? Ive skipped over a lot of detail. You have to file paperwork when they change hands, get moved, or change owners. Their scarcity has driven a level of cultural acceptance of their restriction. The thing was doomed because there was perhaps no meeting of minds, but certainly somewhere along the line the understanding of the deal diverged. They saw through the Ponzi scheme. The attorneys for the victims families argued that Freedom Groups marketing, with its aggressive slogans and its fetishistic imagery of SWAT teams and Special Forces operators, was a large-scale example of negligent entrustment and that Remington had cultivated a dangerous and uncontrollable demographic with predictable results. Terms of Service apply. The opposite of rule of law is anarchy. Pending. Fortunately for him, at least there was one thing that always, infallibly, drove gun sales through the ceiling: a mass shooting. The deal was structured as a $10 mil+ lump sum up front, and $8 mil in contingent comp, based on whether Kevin was still with AAC in 2015 and met certain goals.. They told him that he had been fired for cause and that he could return if and only if he signed a document saying that he admitted fault, agreed to a lower pay (previously $250,000/year), and was on probation for a year during which they could fire him without notice. The owner of a business has a great deal of leeway on how they run that business. There's Robby Johnson as overall VP, Ethan Lessard to VP of Engineering . But his victims were able to bring a civil lawsuit against Bushmaster, arguing that the company failed to ensure the weapon wouldnt end up in the hands of criminals. Brittingham needed (and maybe still needs) better business advisers to point out stuff like this. Ill wait on getting any NFA items until the law is repealed or invalidated. Dyke was uncomfortable with the speed at which Cerberus was moving. This kind of organizational nonsense will come out in the products eventually. LeeAnne Locken - $2.5 Million In 2012, his daughter Lindsey posted a picture of her fathers T-shirt to Instagram.
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