ExpansionJul 20, 2026, 07:02 AM
NN Enters Firearm Component Manufacturing; $12-15M Sales
AI Summary
NN, Inc. announced its successful entry into the Tier 1 contract manufacturing industry for firearm components in the U.S. market. The company has secured a contract to mass produce completed firearms products for a leading provider, a new business expected to add between $12 million to $15 million in annual sales, starting in Q3 2026 and ramping through 2028. This strategic move is part of NN's Defense & Electronics growth program, which currently has nearly $60 million in sales and a five-year goal to reach $100 million.
Key Highlights
- NN enters Tier 1 contract manufacturing for firearm components.
- New business expected to add $12 million to $15 million in annual sales.
- Production for new firearm components begins in Q3 2026 and ramps through 2028.
- Defense & Electronics segment currently generates nearly $60 million in sales.
- Company aims to grow Defense & Electronics sales to $100 million within five years.
- NN has won over 20 new programs worth >$30 million to $35 million annually in the last 3 years.
- New firearm components are the highest-priced products, ranging from $200 to $500 each.
- Eight of NN's plants are now ITAR compliant for defense markets.
Price Impact
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