Well it looks like NIOA defence contractors in Australia has 100% acquired Barrett Firearms.

The company would continue to operate under the Barrett brand as a separate division within the NIOA Group alongside NIOA Australia, NIOA New Zealand, the Australian Missile Corporation and the group’s investment in joint venture company Rheinmetall NIOA Munitions.

All management and staff at the Murfreesboro manufacturing facility in Tennessee have been retained and production will continue as normal. Over time it is expected that manufacturing activities in Murfreesboro will be further expanded.

Australian Missile Corporation?

Am I missing something in translation?

According to a AUS buddy who was a Digger and a fellow gun-nut, the company that bought Barrett is solid. Very pro-firearms, very pro-civilian ownership, and is fighting the AUS govt with regards to their draconian gun laws on the regular.