In OTHER industry news ... Vista Outdoor sell off numerous brands to Czechoslovak Group

[BHPSteel]

Vista Outdoor Enters into Definitive Agreement to Sell Sporting Products Business to Czechoslovak Group for $1.91 Billion

Sale aligns with previous plan to separate the company and creates two separate highly focused businesses Transaction valued at approximately 5x enterprise value to Sporting Products Fiscal Year 2024 EBITDA, including estimated standalone costs Outdoor Products, recently rebranded as Revelyst...

news.vistaoutdoor.com

Which brands you ask?

• Federal
• CCI
• Hevi-Shot
• Remington Ammo
• Speer

Anyone noticing a pattern? Fenix Ammunition are:

https://twitter.com/x/status/1714424311308488915

Discuss at your leisure.

 

[voodoochild1989]

Now that's a serious ammo purchase

 

[The Southern Gentlemen]

Read the article earlier, not very happy about this one. But herd a smart man say why do you need gun control? He who controls the ammo controls the guns!!

 

[Rougaroux73]

Vista Outdoor Enters into Definitive Agreement to Sell Sporting Products Business to Czechoslovak Group for $1.91 Billion

Sale aligns with previous plan to separate the company and creates two separate highly focused businesses Transaction valued at approximately 5x enterprise value to Sporting Products Fiscal Year 2024 EBITDA, including estimated standalone costs Outdoor Products, recently rebranded as Revelyst...

news.vistaoutdoor.com

Which brands you ask?

• Federal
• CCI
• Hevi-Shot
• Remington Ammo
• Speer

Anyone noticing a pattern? Fenix Ammunition are:

https://twitter.com/x/status/1714424311308488915

Discuss at your leisure.

Jeeezz....

 

[bambam]

There is still hope----​

​

Gov. Kemp: Norma Precision Ammunition Relocates its U.S. Headquarters, Manufacturing, Distribution Operations to Georgia​

Gov. Kemp: Norma Precision Ammunition Relocates its U.S. Headquarters, Manufacturing, Distribution Operations to Georgia

Atlanta, GA – Governor Brian P. Kemp today announced that Norma Precision Ammunition, a subsidiary of the leading European ammunition manufacturer RUAG Ammotec, has established its U.S. headquarters, manufacturing site, and warehousing and distribution operations in Chatham County. The company...

gov.georgia.gov

 

[BHPSteel]

I'm actually not THAT concerned about the CSG purchase or all those Vista brands. Manufacturing in the US is likely to continue and the international and somewhat broader commercial base they have may actually be a good sign. We'll have to see what the outcome is, but I'm struggling to see how it'll be a step down from Vista.

The Hornady explosion was - I think - limited in size and I haven't heard that production has stopped. It's a new plant, and assuming all the safeguards were in place (and they seem to have been with just one fatality and two hospitalizations) which I'd call unfortunate for the victims, doesn't sound like an overall disaster. Our supplies of Critical Duty are probably unaffected.

Lake City? Well, I got dragged for this elsewhere, but this is how the Lake City contract works. They make ammo for government consumption, based on anticipated demand. If they don't have an expectation of there being any excess capacity, they will cancel the commercial orders, because they can't fulfil them. It's going to be the same if there are other plants out there where the facilities are .gov owned and operated by private industry. And if commercial purchaser orders can't be filled, there's going to be a shortfall in supply.

I think the UTM issue (and I'm sure it'll happen to Simunitions too) is simply federal interference in the hope that the average LEO grunt can keep a bit of a skill advantage over the average disgruntled US citizen. It stinks, but we're going to have to flush out the Augean Stables that is Washington to be able to correct those kinds of shenanigans.

 

[BHPSteel]

RUAG are a brand owned by the new consortium run by Beretta, if I remember correctly.

I'm not an uncritical fan of consolidation in industries, but it's been going on in small-arms and ammunition for a while. But it's good to bring 2A-related industry to GA along with well-paid jobs.