Bob OwensI mentioned several weeks ago that I was sure Cape Fear Arsenal got commitments from institutional buyers (government agencies) as part of the funding process, to show their investors they have solid commitments, and that they will indeed sell as much ammo as they can to John Q. Public.
I can now confirm that they are going to make ammo for you… lots of it, and soon.
I spoke with CFA Founder and CEO David Hargitt, Sr. this morning, and he said that they are working on an e-commerce solution for their web site, currently in development. This solution is geared to allow direct commercial sales to the public.
Mr Hargitt stated that Cape Fear Arsenal is going to be producing their own brass and projectiles in-house, but that the very specialized machines CFA will use to make the brass and bullets will not be arriving until January of 2014 (which is when they can start filling the institutional orders for handgun ammo alluded to in the Governor’s press release).
In the meantime, they’ve got materials lined up to produce 24 million rounds of .223 Remington as their first offering to both institutional and commercial buyers, at a rate of 2 million rounds a month over the course of the next 12 months. The first batches of ammunition will be ready for purchase on their web site in August.
I’ll see about acquiring some and reporting back on it once it becomes available.