Potential Sale of U.S. Ammo Maker Sparks National-Security Concerns

Potential Sale of U.S. Ammo Maker Sparks National-Security Concerns

The Wall Street Journal is reporting that the proposed $1.91 billion sale of Minnesota-based Vista Outdoor’s ammunition business to Czech company Czechoslovak Group (CSG) has sparked national-security concerns among U.S. lawmakers. Vista is the owner of multiple ammunition companies such as Federal, Remington and CCI and highlights worries about allowing foreign control in a critical industry during global arms shortages.

Former Secretary of State Mike Pompeo and Senator J.D. Vance (R., Ohio) have urged the Treasury Department to block the sale, citing alleged ties between CSG and China and Russia.

Continue reading Potential Sale of U.S. Ammo Maker Sparks National-Security Concerns at The Truth About Guns.

Powered by WPeMatico

About the Author

admin
My name is Travis Fletcher and I'm located in sunny Central Florida. Im a gun enthusiast that has been shooting for over 20 years. Over the years I have created multiple websites about the shooting industry. I always look forward to meeting people who enjoy shooting and hunting as much as I do. If you would like to know any more information about me feel free to send me an email.