AMMO, Inc. Announces International Supply Agreement with ZRODelta
January 24, 2024 at 08:30 am EST
Share
AMMO, Inc. announced that it has signed a supply agreement with ZRODelta to provide 6+ million brass cases for the fulfillment of international contracts. In the agreement AMMO will supply ZRODelta with 6+ million brass cases of 12.7x108 (Russian Equivalent of 50 Caliber) beginning in June of 2024. The Company expects delivery to be completed by February of 2025.
Management believes the value of the contract will exceed $10 million over that time period.
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. 
