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.
Friday, October 01, 2021
Why U.S. Gunmakers Could Soon Face New Competition
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.
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My CZ75 is a damn fine shooter. Arguably better than my 1911.
ReplyDeleteI have a 5 year old 1911 Government model with a 40k round count that I am planning to trade for a new stainless version. From what I see it is only going to cost about $300 for a stainless model.
ReplyDeleteGood. Competition is good. CZ makes good products.
ReplyDeleteI found about 20 years ago that the compact sized CZ-75 feels better in my hand than any other pistol I've ever held. (For reference a compact CZ is the same size as a Glock 19)
ReplyDeleteMillenials are happy to hear it.
ReplyDeleteWhy would there be any new military firearms contract in the US?
ReplyDeleteDemocrats are switching to spitballs, to be environmentally friendly.
The enemy though will continue to use lead, they don't care about the planet.
Whaaaaaaaahhhhh!
It would be nice to hear that they would refuse to sell any type of firearm to the commie government of the FUSA.
DeleteForeign guns have had the better builds for years now. I put 40,000 rounds through my Springfield xdm9mm made in Croatia without cleaning it as a challenge to a glock owner. They lost. Finally broke a roll pin at 70,000 rounds. Takes nearly 5000 rounds to open up on accuracy.
ReplyDeleteI think that this is a pretty spot on post. The one gun that I would like to own, would be the CZ USA made CZ Rami 2075. It tickles all of my good places. My son has one, but I could not get him to sell it to me.
ReplyDeleteI do know that the CZ 75 is a very well made gun, and I assume that the guns made today are just as well built and engineered. The Czech Republic is one of the few very gun friendly countries in Central Europe, although I just read that they changed their name to Czechia in 2016, I suppose as a claim to their roots.
More guns, of quality built in the USA, can only be a good thing. With that hopefully comes political pressure on the government.
No mention of any plans for a CZ version of a Colt Single Action Army.
ReplyDeleteHey, CZ: Single Actions are exempt from the California 'Approved' list! Go for it!
CZ 74 looks like a double action Browning Hi power. I'll stick with my Hi power or 1911
ReplyDeleteIt's kind of sort of... It's got some HP influence, some Sig P210 influence (which in turn was influenced by an older French pistol), and lockwork that's its own thing. There are some solid advantages to DA/SA pistols, but the regular 75B can also be carried cocked and locked like a SAO.
DeleteGotta say, my 75D PCR has extremely low muzzle flip for a compact pistol. The CZs tend to have a pretty low bore axis, and putting the slide inside the frame gives you a super tight lockup that offers excellent accuracy.
Worth noting that Kimber is leaving NY for the south this year too.
ReplyDeleteI think this is a good thing. Colt has been stagnant for decades, and CZ makes some of the best pistols and rifles on the market today. I can't wait to see where Colt goes from here.
ReplyDeleteIt only benefits us with lower prices due to competition and that's a damn good thing for us.
ReplyDelete