Videos tagged with Remington Ammunition
The largest US civilian ammunition producer, formerly Vista Outdoor's Kinetic Group (Federal, Remington, CCI, Speer), has been acquired by the European defense conglomerate Czechoslovak Group (CSG). While US factories and jobs remain, boardroom control has shifted overseas. This acquisition introduces potential risks for civilian ammunition supply and pricing due to CSG's NATO-facing defense contracts and potential influence from foreign regulatory policies, impacting availability during demand spikes.
This video from Guns & Gadgets announces a significant upcoming increase in ammunition prices, effective January 1, 2024. The price hikes are attributed to unprecedented demand and a global shortage of gunpowder, impacting major brands owned by Vista Outdoor, including Federal, CCI, Remington, and Speer. The speaker, identified as an experienced individual with knowledge of the gun industry and ownership of Blackout Coffee, details the percentage increases across various ammunition types and powders, emphasizing that this will affect all firearm users from trainers to hobbyists.
Vista Outdoor is selling its ammunition brands, including Federal, CCI, Speer, and Remington, to the Czech-based Czechoslovak Group (CSG) for $1.9 billion. While the deal is pending regulatory and stockholder approval, CSG, an industrial technology holding company owned by Michael Strnad, intends to maintain and potentially expand US manufacturing. Concerns exist about potential pressure from the Czech Republic to prioritize S&B ammunition sales, but the current outlook suggests CSG aims to increase production.











