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$1 Billion Ammo Backlog

Discussion in 'General Gun Discussions' started by Buzznrose, Nov 12, 2020.

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  1. Buzznrose

    Buzznrose Member

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    Not really “news” but some good insight from Vista Outdoors:


    Vista Outdoors reports ammunition backlog of over $1B

    https://www.foxbusiness.com/lifestyle/vista-outdoors-ammunition-backlog-billion

    CEO Chris Metz:

    “"We currently have over a year's worth of orders for ammunition in excess of $1 billion," Metz said during the Nov. 5 call. “With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like."

    Some other interesting info including 2020 gun sales (estimated 18.6 million) and the Vista purchase of Remington ammo factories.
     
  2. whughett

    whughett Member

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    Staggers the mind that any government would try and plug that economic niche, and that just one company producing firearm related goods.
     
  3. redneck2

    redneck2 Member

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    My neighbor is a rep for Hornady among other companies. As of last month Hornady was backlogged 55,000,000 rounds of .223/5.56.
     
  4. CoalTrain49

    CoalTrain49 Member

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    Vista owns Speer, Alliant powder, CCI, and Federal. Remington was a recent acquisition also.

    Lots of components will be diverted to ammo manufactures like Federal. This is going to cut deep into the supply of bullets and primers.
     
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  5. John_R

    John_R Member

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    Healthy is having a year's supply of ammo in your stash. Unhealthy is not knowing you needed a year's supply of ammo in your stash. By the time you know you needed ammo, you can't get any.
     
  6. armoredman

    armoredman Member

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    1 billion dollar back log...and that's just civilian orders? Holy Hannah. I think I will pick up knitting as a hobby while the industry recovers.
     
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  7. GEM

    GEM Moderator Staff Member

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    Deleted the irrelevant Covid posts. Let’s stay on topic.
     
  8. stompah

    stompah Member

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    Wouldn't you think that military and police are first in line?

    Anyone in the government acquisition field have any insight?
     
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  9. Walkalong

    Walkalong Moderator Staff Member

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    We had this backlog the last time, it will catch up one day, it's just a matter of patience and time. It's tough for those just starting, but it is what it is. Be patient, keep an eye out for what you need, buy it if you can stomach the price. I'll just slow down my shooting like I did last time, and shoot more of a variety to keep some stock in all things.
     
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  10. Shak3s1977

    Shak3s1977 Member

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    So a billion dollar backlog??? If that's going by today's prices, that probably only about 1k rounds lol. What's 22LR at now? $30 or $40 a round lol??

    Im glad I picked up a welder. Gives me another hobby to tinker with, while waiting for everything to come back to normal.
     
    Last edited: Nov 12, 2020
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  11. JT-AR-MG42

    JT-AR-MG42 Member

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    So I'd probably better get an order in now before there is a shortage huh?

    Which I feel translates to we (the civilian public) are last.
    Looks like the nightmare that has been 2020 may keep rolling well into the new year, in more ways than one.

    JT
     
  12. Buzznrose

    Buzznrose Member

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    Sure they are. When DHS or DOD secure IDIQ contracts https://www.gsa.gov/buying-selling/...finite-delivery-indefinite-quantity-contracts

    For millions of rounds of ammo, they become the big customer. We actually benefit from it because of scale and overrun production, or production that may not meet govt specs but still works fine, is sold to we the people.

    Of course, like any free market, when demand greatly outstrips supply, thinks get goofy until the market corrects (more suppliers, less demand, or some combination of the two).
     
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  13. SharpDog

    SharpDog Member

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    Yes and I'm STILL waiting for them to fill that $1 Billion order!

    It was a case of 5.56 from CTD :what:
     
  14. hso

    hso Moderator Staff Member

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    Until Vista parses their backlog you won't know what they mean.

    BUT

    Police (and other government agencies) operate on annual budgets for ammunition purchases they place and probably aren't "backloged" on orders that were in place in the FY (Oct). Military ammunition is produced at Go-Cos (Government Owned-Commercially Operated) and that certainly doesn't come into it.

    Since government contracts for ammunition in large quantities are contracted on the Fiscal Year and military is supplied by Go-Cos it is most likely public demand for at least 90% of that backlog.
     
    Last edited: Nov 13, 2020
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  15. theotherwaldo

    theotherwaldo Member

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    Don't mind me.
    I'll just keep gathering and preparing range brass and casting pistol bullets... .
     
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  16. armoredman

    armoredman Member

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    Ditto exactly.
     
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  17. 3Crows

    3Crows Member

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    This is what I do not understand, how Remington could go TU with their ammo line well respected and millions of dollars potential in orders and back orders. To hell with the guns, if they had never sold another they could have just made them as a hobby and sold ammo. I always thought they should give motorcycles (and boats) away for free but sign you to a service contract. The ammo truck provides door to door service, drops by every month and leaves your contract ammo and bills you monthly!
     
    Last edited: Nov 13, 2020
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  18. JCooperfan1911

    JCooperfan1911 Member

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    Time to dust off “Ol Fat Balls”, my .54 Caliber Hawkins flintlock.

    A small moulde, source of heat, and ANY lead (though pure is preferred) from stick ones to fishing lures to battery’s, and you have bullets.

    Black powder can be manufactured with garden store stump remover, charcoal, and sulphur.

    The flint can literally be found lying on the ground and can be knapped into final shape.

    The patch and grease can be made from any scrap cloth and any grease.

    With the rate of fire of a muzzleloaders it’d be a million years before I’d run out of components.
     
  19. Hooda Thunkit

    Hooda Thunkit Member

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    Henry Ford is quoted as saying that he would give away his cars for free, if one had to go to him for parts.
     
  20. CoalTrain49

    CoalTrain49 Member

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    You won't be around long enough to appreciate your muzzleloader if you need a good SA carbine for SD.
     
  21. JCooperfan1911

    JCooperfan1911 Member

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    I won’t be around much longer anyway. Made it this far so that is one thing.
     
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  22. AK103K

    AK103K Member

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    From what went on the last time around, when everyone was blaming the Border Patrol, et al, for the last shortage, it was my understanding from what a couple of the big name ammo makers were saying publicly in writing, was that the government contracts are a totally separate thing, and yearly civilian sales far out class them.

    In other words, we are our own worst enemies here when this crap goes on, and you cant blame the government.

    This time around, I think it was sort of a perfect storm, you had Covid, BLM, and the new panic that drove those sales, and then the usual suspects (gun people) who dont/wont plan ahead, running around screaming the sky is falling, and here we are. Same as it ever was, plus some.

    Ive been through a number of these silly panics, and really never skipped a beat until this one. Im still getting bullets I ordered back in August and October coming it every few weeks, just got a couple thousand more 9mm and 45 in yesterday, and at basically pre panic prices too. Been getting [powder pretty regular without much issue either, but it has gone up in price a tad. Primers are the thing now. Even the place Ive always got them in the past is now out, and that's never happed in the 20 some odd years or so Ive been going there. Im down to about my last 10K, and will likely have to start slowing down a bit here, if I want to keep shooting on a weekly basis.

    It would sure be nice, if people could figure out what the 7P's are, and live by them. There would be a lot less of this foolishness. :thumbup:
     
  23. JohnKSa

    JohnKSa Moderator Staff Member

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    Where's the fun in that? Simple Supply and Demand vs. a Conspiracy Theory? Conspiracy Theory wins every time.
     
  24. jonnyc

    jonnyc Member

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    At present shooting levels, I probably only have 5 or 6 years worth of ammo stocked up! I better dig out all my components and get back into reloading!
     
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  25. CQB45ACP

    CQB45ACP Member

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