Vista, Maker of Ammunition and Recreation Gear, Plans to Sell Off Gun-Making Unit

Boxes of bullets made by Federal Premium, a unit of Vista Outdoor. The company said Tuesday that it planned to sell its gun-making business as it winnows its portfolio of products. Vista Outdoor, among the largest producers of ammunition in the United States and one of just a few publicly held firearms companies, said on Tuesday that it plans to sell its gun-making business. Vista said it would “explore strategic options” for the Savage and Stevens firearms brands as part of a broader “business transformation plan.” Savage, which was founded in 1894, began producing AR-15-style rifles last year . Gun makers across the country have been under increasing pressure since the fatal shooting of 17 people at Marjory Stoneman Douglas High School in Parkland, Fla., in February. The rampage spurred a fast-moving push to boycott companies associated with the National Rifle Association and the firearms industry, which was already […]

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