EXHIBIT 99.2
 
                         NOTICE OF GUARANTEED DELIVERY
 
                                WITH RESPECT TO
 
                         REMINGTON ARMS COMPANY, INC.
 
              9 1/2% SENIOR SUBORDINATED NOTES DUE 2003, SERIES A
 
  This form must be used by a holder of the 9 1/2% Senior Subordinated Notes
due 2003, Series A (the "Existing Notes") of Remington Arms Company, Inc., a
Delaware corporation formerly named RACI Acquisition Corporation ("Remington")
and the guarantee thereof of RACI Holding, Inc., a Delaware corporation
("Holding"), that wishes to tender Existing Notes to the Exchange Agent
pursuant to the guaranteed delivery procedures described in "The Exchange
Offer--How to Tender" of the Prospectus dated       , 1997 (the "Prospectus")
and in Instruction 1 to the accompanying Letter of Transmittal. Any holder
that wishes to tender Existing Notes pursuant to such guaranteed delivery
procedures must ensure that the Exchange Agent receives this Notice of
Guaranteed Delivery prior to 5:00 p.m., New York City time, on the Expiration
Date of the Exchange Offer. Capitalized terms not defined herein have the
meaning ascribed to them in the Prospectus or the Letter of Transmittal.
   
  To: First Trust National Association, Exchange Agent     
 
   By Registered or Certified Mail:                 By Facsimile:
 
 
         First Trust New York                   First Trust New York
      100 Wall Street, 20th Floor                  (212) 509-4529
         New York, N.Y. 10005                 Attention: Cathy Donohue
       Attention: Cathy Donohue
 
         By Overnight Courier                          By Hand
 
 
         First Trust New York                   First Trust New York
      100 Wall Street, 20th Floor            100 Wall Street, 20th Floor
         New York, N.Y. 10005                   New York, N.Y. 10005
       Attention: Cathy Donohue               Attention: Cathy Donohue
 
                             For Information Call:
                        
                     (212) 361-2546 or (612) 244-1197     
 
  DELIVERY OF  THIS NOTICE OF GUARANTEED  DELIVERY TO AN ADDRESS  OTHER THAN
     AS SET FORTH ABOVE OR TRANSMISSION VIA A FACSIMILE NUMBER OTHER THAN
       AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
 
              PLEASE READ THE ACCOMPANYING INSTRUCTIONS CAREFULLY

 
  Ladies and Gentlemen:
 
  The undersigned hereby tenders to Remington, upon the terms and subject to
the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Existing Notes specified below pursuant to the guaranteed delivery procedures
set forth in the Prospectus and in Instruction 1 of the Letter of Transmittal.
The undersigned hereby tenders the Existing Notes listed below:
 
   

   Certificate Number(s)
  (if known) of Existing
      Notes or Account                                          Aggregate Principal
    Number at the Book-         Aggregate Principal               Amount Tendered
      Entry Facility            Amount Represented              (if less than all)*
- -----------------------------------------------------------------------------------
                                                          
- -----------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------
    
                                                             
          
* Unless otherwise indicated, the holder will be deemed to have tendered the
 full aggregate principal amount represented by such existing notes.     
 
  All authority herein conferred or agreed to be conferred shall survive the
death or incapacity of the undersigned and every obligation of the undersigned
hereunder shall be binding upon the heirs, personal representatives,
successors and assigns of the undersigned.
 
                                   SIGN HERE
 
Name of Registered or Acting Holder: ________________________________________ 
                                                                              
Signature(s): _______________________________________________________________ 
                                                                              
Name(s) (please print): _____________________________________________________ 
                                                                              
Address: ____________________________________________________________________ 
                                                                              
         ____________________________________________________________________ 
                                                                              
Telephone Number: ___________________________________________________________ 
                                                                              
Date: _______________________________________________________________________ 
 
                                   GUARANTEE
                   (Not to be used for signature guarantee)
 
  The undersigned, a firm which is a member of a registered national
securities exchange or of the National Associates of Securities Dealers, Inc.,
or is a commercial bank or trust company having an office or correspondent in
the United States, or is otherwise an "eligible guarantor institution" within
the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as
amended, guarantees deposit with the Exchange Agent of the Letter of
Transmittal (or facsimile thereof), together with the Existing Notes tendered
hereby in
 
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proper form for transfer (or confirmation of the book-entry transfers of such
Existing Notes into the Exchange Agent's account at the book-entry transfer
facility described in the Prospectus under the caption "The Exchange Offer--
How to Tender" and in the Letter of Transmittal) and any other required
documents, all by 5:00 p.m., New York City time, on the fifth New York Stock
Exchange, Inc. trading day following the date of execution of this Notice of
Guaranteed Delivery.
 
 
                                   SIGN HERE
 
 Name of firm: ________________________________________________________________
                                                                          
 Authorized Signature: ________________________________________________________
                                                                          
 Name (please print): _________________________________________________________
                                                                          
 Address: _____________________________________________________________________
                                                                          
          _____________________________________________________________________ 
                                                                          
          _____________________________________________________________________ 

 Telephone Number: ____________________________________________________________
                                                                          
 Date: ________________________________________________________________________
 
DO NOT SEND EXISTING NOTES WITH THIS FORM. ACTUAL SURRENDER OF EXISTING NOTES
MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF
TRANSMITTAL.
 
                INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
 
  1. Delivery of this Notice of Guaranteed Delivery. A properly completed and
duly executed copy of this Notice of Guaranteed Delivery and any other
documents required by this Notice of Guaranteed Delivery must be received by
the Exchange Agent at its address set forth herein prior to 5:00 p.m., New
York City time, on the Expiration Date. The method of delivery of this Notice
of Guaranteed Delivery and any other required documents to the Exchange Agent
is at the election and risk of the holder and the delivery will be deemed made
only when actually received by the Exchange Agent. If delivery is by mail,
registered or certified mail properly insured, with return receipt requested,
is recommended. In all cases sufficient time should be allowed to assure
timely delivery. For a description of the guaranteed delivery procedure, see
Instruction 1 of the Letter of Transmittal.
 
  2. Signatures on this Notice of Guaranteed Delivery. If this Notice of
Guaranteed Delivery is signed by the registered holder(s) of the Existing
Notes referred to herein, the signature must correspond with the name(s)
written on the face of the Existing Notes without alteration, enlargement, or
any change whatsoever. If this Notice of Guaranteed Delivery is signed by a
participant of the book-entry transfer facility whose name appears on a
security position listing as the owner of Existing Notes, the signature must
correspond with the name shown on the security position listing as the owner
of the Existing Notes.
 
                                       3

 
  If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Existing Notes listed or a participant of the
book-entry transfer facility, this Notice of Guaranteed Delivery must be
accompanied by appropriate bond powers, signed as the name of the registered
holder(s) appears on the Existing Notes or signed as the name of the
participant shown on the book-entry transfer facility's security position
listing.
 
  If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing.
 
  3. Requests for Assistance or Additional Copies. Questions and requests for
assistance and requests for additional copies of the Prospectus may be
directed to the Exchange Agent at the address specified in the Prospectus.
Holders may also contact their broker, dealer, commercial bank, trust company,
or other nominee for assistance concerning the Exchange Offer.
 
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