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UPDATED: Australian defense contractor NIOA has expanded its global reach with the 100 percent acquisition of the industry-leading rifle design and manufacturing company, Barrett Firearms. In announcing the deal, NIOA Group CEO Robert Nioa said the two family-owned companies came together out of a shared commitment to quality, innovation, loyalty, and mission. “NIOA’s association with Barrett dates back to 2008. We have been inspired by the story of Barrett and admire what Ronnie, ...

(MURFREESBORO)  Barrett Firearms has been purchased by Australian defense contractor NIOA. The firm completed a 100 percent acquisition of the industry-leading rifle design and manufacturing company, Barrett Firearms. All management and staff at Barrett's Murfreesboro manufacturing facility will be retained, and production will continue as normal. Financial details of the transaction were not disclosed. Murfreesboro entrepreneur and community leader Ronnie Barrett noted, "Today mark ...

Australian defense contractor NIOA has expanded its global reach with the 100 percent acquisition of rifle design & manufacturing company, Barrett Firearms.

Barrett’s Murfreesboro plant to remain operational as part of deal with NIOA

Australian defense contractor NIOA Group announced today that it acquired 100 percent of Barrett Firearms.