Industry Armament to Acquire Predator Tactical

Industry Armament announced that it has entered into an agreement to acquire Predator Tactical, a provider of firearms and training solutions for the the military, law enforcement and civilian markets.  Predator was founded by Matt Burkett, a world chamption shooter and is best know for its 1911 pistol platforms.  Industry Armament plans on investing signficant capital into the business to expand production and distribution operations in Scottsdale, Arizona.  The deal is expected to close in the first quarter of 2016.  Deal terms were not disclosed.