A statue honoring murdered United States Border Patrol Agent Brian Terry was unveiled Saturday at the now re-named Brian Terry Patrol Station in Bisbee, Arizona.

"That iconic image of Brian carrying his BordTac team member on his shoulders represents everything good about Brian, his strength, his determination, his attention to detail, his love for the Border Patrol and his love for his fellow agents," Terry's cousin, Robert Heyer, said.

Terry's family established the Brian Terry Foundation to honor his memory and create a legacy in his name. The foundation provides emotional and financial assistance for U.S. Border Patrol agents and their families.

Terry was killed in a 2010 gun fight between border patrol agents and members of a gang attempting to steal marijuana from smugglers. Authorities later determined that the gang's weapons were part of the Justice Department's botched "gun-walking" program Operation Fast and Furious.

As part of the Fast and Furious operation, the federal government allowed criminals to buy guns in Phoenix-area shops with the intention of tracking them once they made their way into Mexico. But the agency lost track of more than 1,400 of the 2,000 guns they allowed smugglers to buy. 

Seven suspects have been charged in connection with the killing. One of them, Manuel, Osorio-Arellanes was sentenced to 30 years in federal prison in February 2014 after pleading guilty to first-degree murder. Osorio-Arellanes was wounded in the shooting and maintains that he was not the shooter.

The Associated Press contributed to this report.