Remington, which has been around since 1816, makes the Bushmaster AR-15 rifle, the gun used in the Sandy Hook elementary school shooting in Connecticut in 2012 that killed 20 first-graders and six educators. The AR-15 is the gun used to kill 17 people at a Parkland, Fla., high school on Valentine’s Day. The AR-15 was developed as a weapon of war to kill as many people as quickly as possible. It’s the reason it’s the choice of many mass-shooters.
Remington Outdoors, which also owns gun manufacturers including Marlin and Bushmaster, says sales in 2017 were just over $600 million, down more than 30 percent from 2016.