Ammo Maker's Bankruptcy a Symptom of a Bigger Problem The news that Mead Industries, a 39 year old ammunition manufacturer, has filed for Chapter 11 bankruptcy is one more sign of trouble in the firearms industry.
This decline is not limited to Mead Industries; according to recent reports from industry trackers and sales figures, many other companies are struggling.
A closer look at Mead Industries' financials reveals a company in decline. Gross revenue has been steadily decreasing over the past three years, dropping from $2. 4 million in 2024 to just over $1. 3 million in 2025.