AMMO, Inc. Closes First Seven-Figure International Sale in South Asia
January 06, 2020 at 08:30 am
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AMMO, Inc. has announced its first seven-figure international export sale with a partner in South Asia. The total order is expected to amount in the seven-figures and AMMO has already entered into the first export purchase orders. AMMO and its partner anticipate the order will be followed by sizeable supplemental orders to proceed throughout 2020 and potentially beyond. The purchase orders scheduled to be fulfilled in the first quarter of 2020 call for ammunition casings ranging from 50BMG to 5.56.
AMMO, Inc. is a vertically integrated producer of ammunition and components. The Company is the owner of GunBroker.com, which is an online marketplace serving the firearms and shooting sports industries. The Company operates through two segments: Ammunition and Marketplace. The Ammunition segment consists of the Companyâs manufacturing business. The segment is engaged in the designing, production and marketing of ammunition and ammunition component products. The Companyâs core ammunition business is vertically integrated with multi-channel distribution, including direct-to-consumer, wholesale, military and law enforcement customers. Its product offering encompasses approximately 60 items, including STREAK Visual Ammunition, a patented technology. The Marketplace segment consists of the GunBroker.com marketplace. In its role as an auction site, GunBroker.com supports the sale of firearms, ammunition and hunting/shooting accessories.
AMMO, INC. 
