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Government Regulators Clear $2B USD sale of Vista ammo brands to Czech Group

Talyn

Talyn

SAINT
Founding Member
The Committee on Foreign Investment in the United States has given the green light to the proposed acquisition of Vista Outdoor’s varied and iconic ammunition brands to the Czechoslovak Group.

In a release from Vista on Wednesday, the company announced it had received written notice from CFIUS that the federal regulator has concluded its review and investigation of the proposed transaction "and has determined that there are no unresolved national security concerns."


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Bassbob said:
I think all the major ammo brands being owned by any single company is a bad idea.
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article stated that winchester would then be the largest american owned ammo company and one of the few with primer making capability. never a good idea to "put all the eggs in one basket".
this is the same with most of our meds (antibiotics in particular) being made by people who hate us (china).
just dumb all around.
 
HansGruber said:
Wait.

I thought conservatives don’t like government regulators telling businesses what they can and cannot do…

So why are we whinging about this?
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Government regulators are always involved in telling business what to do and there is no getting around that. But one would hope that they would make their decisions for involvement based the good of the citizen (fat chance). Conservatives whine when they are too involved and liberals whine when they are not involved enough. So whining isn't the issue.
I look at it from the perspective of what's good for us, the people. I go back to the antibiotics argument. Drug companies, all companies, are free to do business as the see fit. However, when the vast majority of production for a critical product falls under the control of entities outside of the US (who may not have our best intention in mind) then that is a threat. If China decided to cease all exports of antibiotics to the US it would be a matter of days before widespread deaths due to simple infection would occur. And no, I'm not a crackpot conspiracy theorist. This is in my professional wheelhouse.
The same argument can be made for EV batteries, solar panels and turbines. China is the main producer of all those things that government is pushing us towards. Not good to have our main sources of transportation and energy production in hands of our enemies.
So for me, I'm not whining about it. I'm more concerned with yet another decision by politicians that can put the safety and well-being of their constituents at risk.
 
mikep said:
Government regulators are always involved in telling business what to do and there is no getting around that. But one would hope that they would make their decisions for involvement based the good of the citizen (fat chance). Conservatives whine when they are too involved and liberals whine when they are not involved enough. So whining isn't the issue.
I look at it from the perspective of what's good for us, the people. I go back to the antibiotics argument. Drug companies, all companies, are free to do business as the see fit. However, when the vast majority of production for a critical product falls under the control of entities outside of the US (who may not have our best intention in mind) then that is a threat. If China decided to cease all exports of antibiotics to the US it would be a matter of days before widespread deaths due to simple infection would occur. And no, I'm not a crackpot conspiracy theorist. This is in my professional wheelhouse.
The same argument can be made for EV batteries, solar panels and turbines. China is the main producer of all those things that government is pushing us towards. Not good to have our main sources of transportation and energy production in hands of our enemies.
So for me, I'm not whining about it. I'm more concerned with yet another decision by politicians that can put the safety and well-being of their constituents at risk.
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Ding ding ding
Winner winner chicken dinner!
 
The US is a good investment. Folks would be surprised on how many US companies are owned partially/entirely by Foreign companies.

For example BAE (British) makes the majority of US military armored vehicles. And Dodge/Chrysler/Jeep is owned by Stellantis N.V. is an American-Italian-French multinational corporation headquartered in the Netherlands.

CZ-USA owns Colt and started US production years ago, as did Glock in order to meet demand. CSG owns Finocchii and they opened new US-plants to make ammo for the US market.

As I pointed out earlier this has no impact on US military ammo production since the US Govt has their own production plants either govt-run, or through contractors.

Foreign ownership doesn't mean the products aren't American/American-made.

247wallst.com

25 Classic American Brands Now Owned by Foreign Companies

Fostering entrepreneurship has been the cornerstone of the U.S. economy and society from the country’s beginning. Many American businesses – those that began nearly 200 years ago as well as those that are barely a decade old – have expanded not only nationally but also globally. Names like Coca...
247wallst.com 247wallst.com

And a lot of classic US companies off-shored production to foreign lands.

American Companies That Are No Longer American – Positive Change Purchasing Cooperative

positivechangepc.com positivechangepc.com

Ford makes a lot of cars/trucks in Canada & Mexico, and have done in Europe.

The world isn't flat anymore.
 
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When I moved to Idaho in 1982 I lived not too far from CCI and bought mostly CCI primers over the years. Now it easier to buy 'foreign' primers than local production.
 
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Olin Winchester LLC, Oxford, Mississippi, was awarded a $58,529,810 modification (P00026) to contract W52P1J-21-C-0016 for 5.56 mm, 7.62 mm, and .50 caliber ammunition. Work will be performed in Oxford, Mississippi, with an estimated completion date of Sept. 30, 2025. Fiscal 2023 and 2024 ammunition procurement, Army funds in the amount of $58,529,810 were obligated at the time of the award. Army Contracting Command, Rock Island Arsenal, Illinois, is the contracting activity.
 
Winchester67 said:
Gunpowder. Almost all of it is overseas production. Weak link? You bet!
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The Holston Army Ammunition Plant has the capacity to produce large quantities of gunpowder to meet the needs of the US military.
Holston Army Ammunition Plant (HSAAP) manufactures Research Department Explosive (RDX) and High Melting Explosive (HMX) for ammunition production and development. It is a government-owned and contractor-operated (GOCO) facility that is part of the US Army Joint Munitions Command.
It is currently operated by BAE Systems plc is a British multinational aerospace, defense and information security company, based in London, England.

Holston Army Ammunition Plant - Wikipedia

en.wikipedia.org en.wikipedia.org
 
Talyn said:
View attachment 61161

Olin Winchester LLC, Oxford, Mississippi, was awarded a $58,529,810 modification (P00026) to contract W52P1J-21-C-0016 for 5.56 mm, 7.62 mm, and .50 caliber ammunition. Work will be performed in Oxford, Mississippi, with an estimated completion date of Sept. 30, 2025. Fiscal 2023 and 2024 ammunition procurement, Army funds in the amount of $58,529,810 were obligated at the time of the award. Army Contracting Command, Rock Island Arsenal, Illinois, is the contracting activity.
Click to expand...
JACKSONVILLE, AR, (October 11, 2024) – SIG SAUER is proud to announce the official opening of the Jacksonville Arkansas Ammunition Center (JAAC) on the SIG SAUER Ammunition campus. The advanced manufacturing facility in Jacksonville, Arkansas brings 210,000 additional square feet of high-tech modern manufacturing in support of the U.S. Army Next Generation Squad Weapons and family of 6.8 Hybrid Ammunition.

SIG SAUER’s $225 million dollar investment in facilities and equipment will yield more than 675 jobs and over $300 million in total economic impact in Arkansas. Since the 2016 establishment of SIG SAUER Ammunition in Jacksonville, Arkansas, the operation grew dramatically, now producing ammunition for all branches of the U.S. military, special forces and our NATO allies across six facility campus spanning half-a-million square feet across its six-facility campus.

www.sigsauer.com

SIG SAUER Opens Jacksonville Arkansas Ammunition Center

www.sigsauer.com www.sigsauer.com
 
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