I ordered a Squad Leader II 3V over a year ago and still haven’t heard anything.
My pre-order for the Kephart was placed in April, received it now, in January.
The BR FB group might know how deep the Squad Leader is in the factory queue.
NKD: These arrived today, I picked them up on sale from DLT (total of $155 in savings) and am really happy with both of them. I've been eyeballing the Ultralite Field Knife since it dropped and the Bravo 1.25 LT just seems like an almost perfect 5" do it all camp/survival knife. Honestly, I probably would not have picked them up if they hadn't been on sale, but now that they're here I'm excited to have them in the collection.