Osprey Defense Acquired By Franklin Armory

Franklin Armory announced its acquisition of Osprey Defense from Ark Defense for an undisclosed amount of cash. The transaction included the patent as well as existing designs and inventory.

They went on to say that Osprey Defense's operations will be moved to the Franklin Armory facilities in Minden, Nevada where further development will continue. Franklin Armory says that they will begin producing OPS-416 piston kits sometime in Q3 of this year and plan to roll out new products by the end of the year.

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Minden, NV – Innovative firearm and trigger manufacturer, Franklin Armory®, recently purchased Osprey DefenseTM for their uniquely designed piston systems and accessories for the AR platform. The seller in this transaction, Ark Defense, presented the opportunity at SHOT Show this past January, and Franklin Armory® jumped at the chance to acquire the well designed, patented products.

Lee Tolleson, CEO and President of Ark Defense (the parent company of Osprey DefenseTM,) said, “With their company structure, innovative products, and stellar reputation, I can think of no better company than Franklin Armory® to take the Osprey DefenseTM products to the next level.”

Jay Jacobson, President of Franklin Armory®, stated, “I'm excited to add this exceptional product line to our stable of proprietary accessories serving the firearms industry. We have already initiated the expansion of the excellent product offerings from Osprey DefenseTM and look forward to introducing newly adapted patentable products by the end of the year.”

The all-cash transaction included the patent and existing inventory. All future operations will be conducted from the Franklin Armory® facilities in Minden, Nevada, and the company anticipates completing the move to Minden and making existing Osprey DefenseTM OPS-416TM piston kits available sometime in quarter 3 of this year.

Franklin Armory® is one of the fastest growing manufacturers of AR-style firearms and accessories. The company focuses on proprietary products including the BFSTM series of triggers and F-17TM AR style hunting rifles. For questions regarding this press release, please contact info@franklinarmory.com.

You can find more information about the product lineup from Franklin Armory on their website.