Items have been reworked you no longer have an inventory, so to speak, so you dont get a massive amount of guns or armour, somewhat limited actually.
This is the one thing i liked about the first, Loot, Gun setups and armour types. I know a lot of people hated it because of the amount of stuff you had but why they would only limit you to a few guns is beyond me, the first had tons?!!.
ATM i prefer the first game to this. No micro management or advanced squad commands, some of the squad members are useless and what happened to the hud stats for your squad? In the first you would have to keep them alive, now i find they die and i just revive them and keep fighting?

It might just be me but it feels like EA's doing?