Popular firearms ammo dealer files for Chapter 11 bankruptcy

The U.S. firearms industry has a long history of surviving economic problems, with some of the most well-known companies filing for bankruptcy and emerging as strong companies.

The firearms industry in the last two years has faced all of the same economic challenges that other industries have endured, including inflation, high interest rates, and reduced consumer spending. Guns and ammo makers still await any effects that new tariffs will have on the industry.