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.
The U.S. Fish and Wildlife Service has announced a record $1.5 billion in annual funding through the Wildlife and Sport Fish Restoration (WSFR) Program to support state and local outdoor recreational opportunities, and wildlife and habitat conservation efforts. Much of this fund was came from Pittman-Robertson excise taxes paid by firearm and ammunition manufacturers.
Following a meticulous work of research, reflection and partners, Verney-Carron is delighted to announce its affiliation with the company Cybergun Group, pioneer of air soft and major player in the Defense and Security sector.
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.
Vista Outdoor Inc. (NYSE: VSTO) announces that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected what it descibes as "the unsolicited proposal" received on November 22, 2023 from Colt CZ Group SE (“Colt CZ”) to combine Colt CZ and Vista Outdoor (the “Colt CZ Proposal”).
Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSE: VSTO) today announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at its special meeting of stockholders.
Vista Outdoor, Inc. has finalized agreements to divest two key business segments, marking a significant restructuring move for the outdoor products giant. The deals involve the sale of Revelyst, its outdoor products arm, and The Kinetic Group, its sporting products segment, in separate transactions expected to deliver an estimated $3.35 billion enterprise value for the company.
Vortex has announced the acquisition of GeoBallistics, a Dallas, Texas based business providing ballistic mobile application software. The GeoBallistics philosophy closely aligns with the Vortex mission of creating the best possible experience for their customers.
Vortex Optics is dedicating the month of November to support military working dogs, with all proceeds from the sale of its dog collars and leashes going to the United States War Dogs Association (USWDA).
The Airgun Sporting Association, the trade organization of the US airgun industry, recently announced that West Virginia will soon be allowing air rifle hunting for both small and big game.
President Biden has set out a huge “Comprehensive Strategy to Prevent and Respond to Gun Crime and Ensure Public Safety” that could affect US retailers.