CSG, the aerospace and defense giant of the Czech Republic, which at the end of 2022 had acquired 70 percent of Fiocchi ammunition, has scored another coup, this time overseas: an agreement has, in fact, been finalized for the sale of the “Sporting products” branch of the US group Vista outdoor. The sale, worth 1.91 billion dollars, includes legendary brands in the production of ammunition, such as Remington ammunition, Federal, Cci, Speer, Hevi-shot and, as regards propellants, Alliant powder. Both in terms of financial value and the number of workers affected by the change of ownership (around 4 thousand in the United States), this is the most important transaction in the history of the defense industry of the Czech Republic and the actual change of ownership, a once the bureaucratic…
