I'm not sure about corporate ownership status here, but it would appear that someone's idea of movie merchandise was to sell firearms by registering a company called "Umbrella Corporation Weapons Research Group" in the real world. I could find several "licensed" arms in online stores. Possibly they're doing that to protect their IP, not out of any profit motive.
The name of the project won't be a problem, but you might want to steer clear of that particular logo. Entertainment companies can be very touchy about their IP and are known to be litigious.
[1] https://trademarks.justia.com/owners/umbrella-corporation-we...
[2] https://trademarks.justia.com/owners/umbrella-corp-4226588/
[3] Possibly more, but there's thousands of logos labeled "Umbrella" and I don't want to spend all day looking.