Australian defense contractor NIOA Group announced today that it had acquired 100 percent of Barrett Firearms, expanding the company’s global reach. In the same announcement, NIOA Group CEO Robert Nioa confirmed that Barrett would continue to operate under its own brand. All management and staff at Barrett’s Murfreesboro, Tenn., manufacturing facility will be retained, and production will continue as normal. Financial details of the transaction were not disclosed.
It sounds as if civilian sales will continue.
I don’t really have the money to buy and feed a Barrett but I want that possibility to exist for other people.