What Have the Czechs Got That We Don't?

[Pat Riot]

I had the news backwards. Apparently the Czechs DID buy the ammo and gun manufacturing side of the business.

 

[rust collector]

Yes, other reports were ambiguous as well. Vista, once a part of ATK, held a strange combination of munitions manufacturing and outdoor recreation brands, which in today's market were not likely to help each other. I suppose they saw demand for ammunition reduced by rising living expenses and increasing satisfaction of the ammo supply shortages. I think they stretched to pick up the Remington stuff, worked it hard, and a determination was made that something had to give. I think they picked the wrong horse, and that foreign ownership may facilitate government interference in the munitions supply chain, but I guess we will see.

I have no problem with Czechs or their ability to manufacture products of high quality. Like you, however, I get a bit nervous when ownership is in one individual.

 

[Speedo66]

Maybe Vista looked forward and thought the anti’s would succeed in vastly limiting arms and ammunition sales in the US.

Perhaps the Czechs envision a more global market.

 

[Will Munny]

Not sure what they have, but it is disturbing to see so much of the US arms industry sold off to foreign control. Obviously our worthless Congress is asleep at the wheel and can't be bothered to block such deals. I fear for the future of the 2A at this rate.

 

[4v50 Gary]

1. We have a 35 trillion dollar debt that is eating up our investment dollars. Almost every manufacturing business within 100 miles of me is owned by foreigners, as is much farm land. We are #1 in debt. The Czech Republic is # 40.
2. In spite of our many problems, many foreigners still view the USA as the safest place to invest.

Throw in the $120 trillion in off balance sheet debt. If interest rate rises more then the debt will be unservicable.

 

[Zendude]

Does Remington/Federal/CCI have production capability to fill significant military contracts? If so, maybe the Czechs are looking at using these ammo companies to supply the increased demand for ammo in the military sector, which is understandable these days. CSG does have many corporate holdings in the military industry.

 

[Thomasss]

I was just going to mention that,...Thank You Zendude. And say the PROPOSED SALE does need Federal gov. and Stockholders Approval first.
I would think the Federal government should think about this very carefully, especially for the next time they put out bids for ammo, eh?
I am a stock holder and in spite of the ALLEDGED undefined Bonus and CASH rewards promised to the Stockholders,
I AM BASICALLY AGAINST THE IDEAS.
Vista has split. Now where is my stock position right now? Originally Vista said the split and stock adjustments were going to happen in 2023.
Vista like most corporations is in the first quarter of 2024. I think THE FED needs them to stop dead in their tracks and take care of business. Then we can "discuss a potential sale" to a foreign company.

 

[Show Me]

Throw in the $120 trillion in off balance sheet debt. If interest rate rises more then the debt will be unservicable.

Youth's fresh out of school that start here. ( not many that can handle manual labor) tell me the national debt is a fictitious number. What are they teaching today

 

[Miami_JBT]

Czechia is a very firearms-friendly nation, They are also willing to to "put their euro where their mouth is" too.

When CZ bought Colt, it was very shrewd business deal as Dimarco/Colt Canada had a bunch of fat military contracts already in hand. That, and Colt USA really, really needed some smart people running it (in lieu of of all the "we've always done it this way" types).

But CZ did not replace any of the leadership at Colt.