French manufacturer, Verney-Carron, the oldest arms manufacturer in the country and a subsidiary of Cybergun Group, has signed a framework contract with the Ukrainian state-owned company Ukrspecexport for a record amount of €36 million.
IWA has announced that the future of the German Pavilion at SHOT Show in Las Vegas, US, is secure despite German ministry fund withdrawal. For 2024 the area has been rebranded as the IWA Pavilion, attracting interest from outside of Germany.
The U.S. Department of Commerce has temporarily suspended the issuing of new export licences. The halt in export licenses will take place for around 90 days.
C&H Precision, a renowned provider of firearm accessories and precision machining services, has announced its strategic acquisition of Paragon Weapon Light Cleaner, a distinguished manufacturer of premium firearm maintenance products based in Florida.
Viking Arms Ltd, a long-standing distributor in the UK for EOTECH, has revealed the award for a seven-year contract framework by the Dismounted Close Combat team, part of the UK Ministry of Defence (MoD), for the Procurement and Support of up to a total fleet requirement of 12,000 SWESS Light Battle Systems, subject to financial approval.
NIOA in conjunction with Rheinmetall NIOA Munitions has begun ammunition production for the Army’s next-generation armoured Boxer vehicle, marking a significant milestone for munitions manufacturing in Australia.
The Czechoslovak Group (“CSG”) has announced that it has entered into a definitive agreement to acquire Vista Outdoor’s Sporting Products business for a total consideration of $1.91 billion, valuing the business at approximately 5x Fiscal Year 2024E EBITDA, including estimated standalone costs.
Barrett Firearms competitor Justin Wolf and spotter James Archer finished in 2nd place at the global 2023 King of 2 Miles competition, held at the NRA Whittington Center on September 22-24, 2023.
Cybergun, a global player in recreational shooting, is very proud to announce a historic agreement concluded between Verney-Carron, the oldest French arms manufacturer, and Rivolier, one of the oldest French companies specializing in the distribution of hunting and shooting equipment.
Olin Corporation (NYSE: OLN) has acquired the assets of White Flyer Targets, LLC, North America’s preeminent leader in recreational trap, skeet, and sporting clay targets, and combine it with the Winchester Ammunition business.
From July 1st 2023, Tobias Thalhofer (31) has been added to the sales team at Carl Walther GmbH in Ulm and will be responsible for the Competition department.
