Federal Premium Small pistol primers
The company makes defense ammunition: Hydrashok, Expanding Full Metal Jacket, and HST. Hydrashok has been popular among American law enforcement agencies for many years now while the newer HST ammunition has shown in testing to expand to more than twice the original bullet diameter.
Alliant TechSystems (ATK), which owns Federal and Speer has conducted Wound Ballistic Workshops in police agencies around the country using Winchester SXT, Speer Gold Dot, and the HST. The Speer Gold Dot was the only “bonded” bullet used in several workshops.
EFMJ is marketed as an alternative to hollow point ammunition in locales where such ammunition is illegal for civilian carry. The State of New Jersey is one such locale.
Horn launched a distribution plan that involved merchandising Federal products in grocery stores, barbershops, and filling stations. In 1941, Federal earned an $87 million contract from the U.S. government (approx. $1.3 billion in 2010) to build and operate the $30 million Twin City Ordnance Plant (TCOP).2 Federal ranked 59th among United States corporations in the value of World War II military production contracts.3
In 1977, William B. Horn introduced Federal’s Premium line of centerfire rifle and shotshell ammunition. Federal also owned Hoffman Engineering, a company that made electronic enclosures. In 1985, Federal was sold to a group of private investors including Kelso & Company, BancBoston Capital and members of the management team.
The two companies were united under the name Federal-Hoffman, Inc and taken private during the sale. However, in 1988, Pentair Inc., a diversified manufacturer based in Minnesota, agreed to acquire FC Holdings Inc., the holding company for Federal-Hoffman Inc., for US$175 million in cash and the assumption of debt.4
Federal-Hoffman have since split, and Federal is currently owned by Vista Outdoor. Vista Outdoor group, formerly a group of outdoor and sporting companies owned by Alliant Techsystems; was spun off from Alliant Techsystems in February 2015. Federal Cartridge does business today as Federal Premium Ammunition.