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Tag: ammunition

Industry News 0

Vista Outdoors Sells Ammunition Companies To CSG In $1.91 Billion Deal

In a stunning deal, American outdoor conglomerate Vista Outdoor sold its ammunition companies to the privately owned CZ Group in a deal worth $1.91 billion. In the staggering deal, CZ group will be acquiring four factories and four consumer brands, which are Federal, Speer, CCI, Hevi-Shot, and Remington. Vista Outdoor is restructuring the company and shedding its shooting sports businesses. The morning for Vista was already turbulent on the NYSE when the company announced a cut in its sales forecast for the entire year; shares tumbled about 20%.

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Next-Gen Ammo for the Masses: True Velocity Launches Composite-Cased 5.56 To The Civilian Market

Ever since its inception, True Velocity that has been on the razor’s edge of innovation when it comes down to ammunition. The company uses composite-cased ammo instead of the traditional brass casing. This ammunition was designed as a part of the Lone Star Future Weapons and True Velocity’s submission to the U.S. Army’s NGSW program with RM 277. The Army wanted lighter, more potent ammo to withstand the elements better than brass.

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Winchester Announces The New 400 Legend Round

In 2019, Winchester Ammunition introduced the 350 Legend cartridge. The 350 Legend was a straight wall cartridge designed for hunting medium to larger game animals. In February, SAMMI accepted the 400 Legend cartridge, but no ammo manufacturer had announced its production plans for the round. Winchester is proud to announce the release of their 400 Legend ammunition.