Federal Premium Ammunition is a wholly-owned subsidiary of Vista Outdoor, located in Anoka, Minnesota. With a workforce of nearly 1,500, Federal manufactures shotshell, centerfire, and rimfire ammunition and components.

Vista Outdoor Inc. is an American designer, manufacturer, and marketer of outdoor sports and recreation products. It operates in two markets: shooting sports and outdoor products. It is a "house of brands" with more than 40 labels and subsidiaries. It trades under "VSTO" on the New York Stock Exchange.