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I think most of the firearms industry serves police and military and I don't think that part has trouble getting finance of whatever sort it might need. Retail
by joe_the_user 7y ago
I think most of the firearms industry serves police and military and I don't think that part has trouble getting finance of whatever sort it might need. Retail gun sales are a somewhat exceptional little piece of the overall arms industry. Many nations that control access to arms for their citizens still maintain and support an arms industry, including small firearms.
https://en.wikipedia.org/wiki/Arms_industry https://en.wikipedia.org/wiki/Arms_industry
- jack_h 7y agoThis is true for major manufacturers that have been around for decades or even centuries. Small start-ups have a much harder time finding funding.
- beat 7y agoSmall startups doing expensive manufacturing in the face of existing industrial-grade competition will always have a hard time finding funding, because the risk/reward ratio sucks.
- jack_h 7y agoTrue, and the general consensus is if you want to make a start-up in this industry just don't. It's more likely you'll end up on a future episode of Forgotten Weapons. I can definitely understand not wanting to invest in these sorts of start-ups purely from an ROI perspective.
- ARandomerDude 7y agoThe "firearms industry" is a subset of the "arms industry." "Firearms" are rifles, pistols, and shotguns. "Arms" include those, plus tanks, fighter jets, artillery, nuclear weapons, etc.
- nyolfen 7y agothere is crossover but you might as well lump together stealth bombers and SUVs. the vast, vast majority of firearms produced by US companies are for civilians.
- ARandomerDude 7y agoCompletely agree, that was my point. The parent comment lumped them together, including a Wikipedia link to an article on "the arms industry." But the arms industry is so vast that high-level conclusions about government purchasing have almost nothing to do with the grandparent comment about credit card fees at local gun stores.
- manfredo 7y agoAgain, the vast majority of "firearms" but not the vast majority of "arms". People aren't buying F-35s at their local gun store.
- catalogia 7y ago> "there is crossover but you might as well lump together stealth bombers and SUVs." Saab comes to mind.