You can home shop a gun drill setup. First and most important you need a bed long enough for the length of dill 12 & 24 plus room for the carriage, If the work will fit down the spindle bore you can get away with a 30" bed and a 12" bit for 24 you will need 36+.If the work is larger then the spindle you need a bed length of that amount more than I stated. Second thing is a power feed carriage that has, or can be modified to have an advance of .0002-.0007 per rev. Which is not at all common. so you will need to change some gears to get a feed that slow.
You will need at least a 1hp air compressor, to provide enough air/coolant mist to lube the drill and remove chips, as a gun drill does to have flutes that carry away the chips. The process is not at all like drilling a hole.
The end of a gun drill is a piece of carbide with 1 or two grooves in it, and 1 or two cutting edges ground in it. The shank of the drill has a straight flute running the length, as well as a bored hole to get coolant to the tip.
To start a gun drill you first bore a hole, .001" larger than the bit, 1/2-3/4 deep, this starts the drill on center, for a drill that size you would need as fast a speed as your lathe has, 2000rpm +
the drill is mounted on a tombstone instead of the compound.
These Photos should explain.
The first shot is a .875 gun drill about 18" long, the mount end is 1.25, the tombstone is drilled at the rear for 1/4 npt, I stick an o-ring in the bore and push the drill tight against it to seal. The next shot is a boring bar holder in the 1" bore, that was used to thread a bore.
The last shot is a bit ckoser.
Not shown is the modification to slow the feed down, I removed the reversing feed, and made a plate and shafts with gears that cut all the feed speeds in half. This lathe has a 3/4 hp motor and will bog in chips stack up in the bore, when cutting with a Gun drill at 1500 rpm and .0005 feed that baby is loaded. The larger drill are sometimes easier as there is more chip clearance.y
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