Gregg Ritz, former owner of Thompson/Center Arms, has officially reacquired the company. Smith & Wesson purchased the company in January 2007, when Ritz was president and CEO, for $102 million.

Thompson/Center Arms (T/C Arms) announced the return of ... with the interchangeable barrel feature—is a big step for the company. The first T/C Arms firearm was the single-shot Contender ...