yeah multiple rounds of private equity firms have looted remington and drove its product quality into the ground. this isn’t an arms industry problem, it’s a remington problem.
This isn't just Remington's problem. Virtually every American company is managed by sophisticated fraudsters whose MO is to acquire a quality American brand, cut costs and quality by outsourcing while still selling at a premium price, suck all the cash out or cash-out stock options and then (if lucky) sell off the company to rubes like the pension funds or declare bankruptcy, leaving everyone else to pick up the tab for the unemployment, low wages and transfers of technology to overseas competitors.
GE, Boeing, etc., the list is endless.