Quote:Sen. J.D. Vance (R-OH) spoke exclusively with Breitbart News Wednesday about his push to block the sale of Remington and other iconic American brands to Czechoslovak Group (CSG).

The other brands include Federal and CCI. All the brands are held under the umbrella of Vista Outdoor’s Sporting Products.

Vance has concerns about the sale due to links between CSG and the Kremlin, and he is asking the Committee on Foreign Investment to block the sale.

He explained his concerns in a letter to Treasury Secretary Janet Yellen. Breitbart News has the letter, dated January 24, 2024, in its possession.

The letter says, in part, “[CSG has] a long record of wrongdoing and well-documented connections to American adversaries.”

Vance zeroed on in the sale of Vista Outdoor’s Sporting Products’ companies:

The transaction poses apparent risks to our national security. I urge you to initiate a full security review of the transaction and use every authority to mitigate the risks it poses … The dangers posed by the sale are not due to the transaction’s size or the consolidation of market power, however. CSG has a long and troubling record that should raise national security concerns, especially alleged ties to the inner circle of Russian President Vladimir Putin.

…

We cannot afford for America’s supply of weapons to fall into the wrong hands. The CFIUS [Committee on Foreign Investment in the United States] process is a critical tool to keep the American people safe from enemies who seek to exploit our domestic vulnerabilities.

“Until it can be proven that this transaction will not jeopardize our national security,” Vance concluded, “I respectfully urge you to deny the sale of Vista Outdoor’s Sporting Products business to the Czechoslovak Group.”