The Federal Cartridge Company, headquartered in Anoka, Minnesota, is a wholly-owned subsidiary of Alliant Techsystems. The company was founded in 1916 and has since become one of the finest names in the ammunition industry. Today, the company manufactures a complete line of rimfire ammunition, centerfire ammunition and shotshells – they even have a production contract with the United States Military. Federal ammunition has been used during multiple Olympic Games in which the U.S. team brought home gold, silver and bronze medals. Pretty high-quality stuff if you ask me.  

Federal Premium Gold Medal .22 LR ammunition is a product from the company's "Gold Medal" line of ammunition. The Gold Medal line of ammunition is marketed as a top-tier load designed for accuracy and reliability but suitable for the most demanding of situations, including military and law enforcement operations. By pairing state-of-the-art loads with revolutionary bullets, the company is able to produce a cartridge marked by outstanding accuracy, reliability and match-grade performance. And like all Federal ammunition, Federal Premium Gold Medal .22 LR ammunition is manufactured at the Lake City Army Ammunition Plant (LCAAP) in Independence, Missouri, which is an interesting aspect of the ammunition in itself. LCAAP is a government-owned, contractor-operated munitions facility that was originally established in 1941 for the manufacture and testing of small arms ammunition for the U.S. Army. Since 2001, it has been operated by Alliant Techsystems and is the largest manufacturer of small arms ammunition for the U.S. Army. 

That said each box of Federal Premium Gold Medal .22 LR ammunition contains 50 non-corrosive, brass-cased cartridges. Each cartridge is loaded with a 40 gr match-grade, solid lead projectile, which results in uncanny accuracy, flat trajectories and increased muzzle velocities. In fact, this particular load is capable of producing muzzle velocities that have been observed to travel at speeds of up to 1,080 fps.

All Federal ammunition is manufactured using newly-manufactured, best-in-the-industry brass cases. Additionally, all cartridges are visually inspected prior to leaving the manufacturing plant.