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%.
Recently, the U.S. Department Of Defense awarded Saab an ammunition contract for AT4 anti-armor systems and Carl Gustaf Multi-purpose Anti-armor Anti-personnel Weapon System, also known as MAAWS. The new contract is worth $105 million. U.S. Army Special Forces and U.S. Marine Corps use these weapon systems and ammunition.
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.
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.
Fiocchi is introducing a new series of ammunition designed for big game animals. Fiocchi is proud to release its new Knock Down series of ammunition. The new ammunition features an all copper design with a polymer black tip and will be available in a wide range of calibers.
Recently, Fiocchi announced a plan for a new primer facility and to expand its operations in the state of Arkansas. In this planned expansion Fiocchi looks to build a new 281-acre site in the Port of Little Rock.
News|Industry News By Drew BryantSeptember 22, 2022, theloadoutblog.com Recently, the U.S. Army awarded Federal Ammunition a five year contract worth $114 million dollars. This new military contract will supply the […]
News| Industry News By Drew BryantSeptember 20, 2022, theloadoutblog.com Recently, Aguila Ammunition released their new line of defense ammunition. The new 9mm features Jacketed Hollow Point (JHP) with a 124- […]
The International Organization For Standardization (ISO) Approves New Merchant Code For Gun & Ammunition Sales
News| Industry News By Drew BryantSeptember 12, 2022, theloadoutblog.com On Friday, the International Organization for Standardization approved the creation of a new merchant code for gun retailers. This new code […]
News| Industry News By Drew BryantAugust 25th, 2022, theloadoutblog.com Yesterday, SIG SAUER notified customers of potential defect that could exist within specific lots of their 115-grain 9mm Elite Ammunition. These […]
News|Industry News By Drew BryantJuly 7th, 2022, theloadoutblog.com Wilson Combat has recently announced the introduction of LeHigh’s new Xtreme Defense Ammunition that will be made available through their website. The […]
News|Industry News By Drew BryantJune 22nd, 2022, theloadoutblog.com On June 15th Larry Keane of the National Shooting Sports Foundation sent out a tweet that went viral within the firearms community. […]
News|Industry News By Drew BryantJune 21st, 2022, theloadoutblog.com In Paris at Eurosatory 2022, FN Herstal and Fiocchi have announced a new partnership that will be beneficial to the US Market. […]
News|Industry News By Drew BryantApril 18th, 2022, theloadoutblog.com Recently, news broke that Norma Precision Ammunition was moving to Georgia. The ammo manufacturer will be establishing their headquarters, factory, and distribution […]
News|Industry News Italian firearm manufacturer Beretta Holding announced earlier this month that it signed an agreement to acquire 100% of Ruag Ammotec. The European ammo manufacturer is one of the […]
News|Industry News Recently, Norma Ammunition has announced the introduction of its NXD Defensive round. This new round by Norma doesn’t depend on the expansion of the projectile for it’s deadliness, […]