Yeah. This is a brilliant idea.

[rogersmithiii]

https://www.guns.com/news/2024/06/26/government-regulators-clear-2b-sale-of-vista-ammo-brands-to-czech-group

 

[Palladin]

I bought VSTO a month ago. up 10%

 

[not new guy]

What's the issue with this?

 

[drgrant]

This is incomplete news there's another American conglomerate or something that's been trying to bid against the Czechs to get Vista's kinetic group. I don't think the fat lady has sung yet. This other group just upped their bid like yesterday.

 

[40 Creedmoor fan]

What's the issue with this?

When a company ownership leaves the US, the production and sales priorities become driven by a foreign entity. Just look at what happened to US chip manufacturing. The US allowed chip manufacturing companies to be acquired by foreign entities(ex. Chinese companies). As tensions with China are reaching new rights, the Pentagon just realized that all the newest missiles, tanks, planes, and radars are ALL using Chinese-controlled chips.

 

[drgrant]

What's the issue with this?

Uhh, foreign investment control of like 65% of US commercial ammo manufacturing? Although in all honesty at least it's not China. And it's not like we haven't had wacky shit like this before even domestically. For example for a long time a Clinton apparatchik type named Donald Zilkha actually controlled HK and Colt - and he supposedly supported gun control types basically he was the ultimate hypocrite.

 

[drgrant]

When a company ownership leaves the US, the production and sales priorities become driven by a foreign entity. Just look at what happened to US chip manufacturing. The US allowed chip manufacturing companies to be acquired by foreign entities(ex. Chinese companies). As tensions with China are reaching new rights, the Pentagon just realized that all the newest missiles, tanks, planes, and radars are ALL using Chinese-controlled chips.

It's important to note however that 99.9% of this is caused by american corporate greedballs versus "the government allowing it to happen". We live in a country where half would sell their mom to china for a few bucks.

 

[Mesatchornug]

This is incomplete news there's another American conglomerate or something that's been trying to bid against the Czechs to get Vista's kinetic group. I don't think the fat lady has sung yet. This other group just upped their bid like yesterday.

It's also been in discussion for, what, 8 months?

Vista outdoors selling firearms/ammo division

Yes, they make federal, Blazer, cci etc Something suspicious about this deal...purchaser is a Czech manufacturing/defense/medical conglomerate https://www.reuters.com/markets/deals/vista-outdoor-sell-sporting-products-unit-191-bln-deal-cuts-sales-forecast-2023-10-16/

www.northeastshooters.com

 

[drgrant]

It's also been in discussion for, what, 8 months?

Vista outdoors selling firearms/ammo division

Yes, they make federal, Blazer, cci etc Something suspicious about this deal...purchaser is a Czech manufacturing/defense/medical conglomerate https://www.reuters.com/markets/deals/vista-outdoor-sell-sporting-products-unit-191-bln-deal-cuts-sales-forecast-2023-10-16/

www.northeastshooters.com

Good point so technically this is a dupe.