Remington 700
Remington 700:The producer of the world's most well-liked hunting rifle has been wrestling for decades with a essential security issue, and at least twice regarded a nationwide recall of the gun, according to company insiders and internal documents revealed in a ten-month CNBC investigation.
But the Remington Arms company has certainly not alerted the public towards the internal concerns, and insists the gun is free of defects, despite thousands of buyer complaints.
The controversy over the 700 is explored in a CNBC original documentary, "Remington below Fire: A CNBC Investigation," premiering Wednesday, Oct. 20 at 9 p.m. ET/PT.
The Remington model 700-series rifle—with additional than five million sold—is well-known for its precision and smooth trigger. additionally to getting well-liked with hunters and focus on shooters, a edition of the 700 can also be widely applied by law enforcement and army snipers.
"The model 700 is the most popular, reliable, accurate and trusted bolt-action rifle inside world, with over five million rifles created and billions of rounds fired over almost five decades," Remington says in a assertion to CNBC.
10/20/2010 09:17:00 PM
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