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| Economy |
| Why U.S. Gunmakers Could Soon Face New Competition |
| 2021-09-27 |
| [Motley Fool] Major names in the U.S. firearms industry, including Smith & Wesson Brands (NASDAQ:SWBI) and Sturm, Ruger & Company (NYSE:RGR) could soon have significant new competition. Czech gun manufacturer Česká zbrojovka Group (OTC:CZGZ.F), or CZG, is gearing up for a strong push into the U.S. after acquiring Colt. CZG is now much better positioned to compete for law enforcement and military firearms contracts in the U.S., along with expanded civilian firearm sales. Aiming to double its revenue to $1 billion or more, it looks like competition will be ramping up for this industry. |
| Posted by:Besoeker |
| #1 CZ's been around half of forever, and been making quality stuff. A lot of Browning and Colt clones, ironically enough. How far back? One their pre WW2 designs for a squad light machine gun (from the Brno plant) was taken up by Lee-Enfield and went into service as the Bren gun (BRno ENfield). |
| Posted by: ed in texas 2021-09-27 11:56 |