COVID-19 Concerns Create Increased Demand for Ammo

by
posted on March 19, 2020
ammo-2.jpg

Concern over COVID-19 has increased demand for firearms and ammunition and at least one manufacture has ramped up production to address potential shortages. A source at Vista Outdoor—parent company famed cartridge and component manufacturer Federal, Speer and CCI—told American Rifleman on March 18, “We have many hard-working Americans giving it their all in our factories. We are operational 24 hours a day, 7 days a week, 365 days a year.

The staff member, who requested anonymity, also confirmed the company sent a letter to retailers on March 17 indicating investments were underway to increase production capacity. To help underwrite the expansion, a modest increase in wholesale prices will go into effect April 1. “Promotional Centerfire Pistol—5 percent to 8 percent,” according to the note, and “Promotional Centerfire Small Rifle—6 percent to 10 percent.”

American Rifleman reported on the high demand for ammunition on March 5, but a March 18 Tulsa World (OK) report indicates significant acceleration. “My ammo sales are up 500 percent and gun sales probably 30 percent,” David Stone, owner of Dong’s Guns, Ammo and Reloading, told the reporter. Sporting Systems, a firearm retailer in Vancouver, WA, posted a temporary limit of five boxes, (or 1,500 rounds) of ammo per family, per day, on its Facebook page.

Gun sales were up in February—before the frenzy—by 17.3 percent when compared to figures a year ago, according to Small Arms & Analytics (SAAF). Jurgen Brauer, chief economist for the organization, noted at the time, “it appears as if firearms owners are casting early votes in the upcoming presidential election this year: Unit sales in both, January and February 2020 have been at their highest levels since 2016.”

Cartridge sales were already brisk in February, according to SIG Sauer Chief Marketing Officer and Executive Vice President of Commercial Sales Tom Taylor, but nothing compared to what the market is currently experiencing. “As for ammo, demand was also strong over the past couple of months, but now that has reached extremely high levels,” Taylor told American Rifleman on March 17. “Stores are sold out and now rationing ammo everywhere on defensive rounds. We are not sure how long this demand on both guns and ammo last, but the market has certainly intensified at this time.”

Latest

Fn America High Power Stainless Steel F
Fn America High Power Stainless Steel F

10 Hot New Handguns For 2022

Handguns continue to be hot commodities, and 2022 is no different. Here are 10 new models we've seen out this year.

New For 2022: Arex Delta Gen.2 Tactical

Slovenian firearm manufacturer Arex announced the launch of its Delta Gen.2 Tactical in several models for 2022.

New For 2022: Kimber Micro 9 Black OI

Kimber expanded its popular line of Micro 9 handguns with optic-included models, and the Micro 9 Black OI is one of the first.

First Look: Magpul Pro 700 Lite SA Chassis

Magpul's new Pro 700 Lite SA chassis combines the best features from its original Pro 700 design and its PRS Lite stock into one while simplifying features to save on cost.

First Look: Federal Premium Punch In .44 Spl.

Federal Premium expanded its affordable Punch line of ammunition in 2022 with an all-new .44 Spl. cartridge offering.

New For 2022: Taurus USA 327

Taurus expanded its lineup of affordable revolvers in 2022 with the 327, a DA/SA wheelgun chambered in the .327 Fed. Mag.

Interests



Get the best of American Rifleman delivered to your inbox.