Herstal Group

Herstal Group is the parent company of small-arms brands manufacturing companies FN Herstal, U.S. Repeating Arms Company (Winchester) and Browning Arms Company. It is based in Liège, Belgium, with offices in nine other European countries, North America and Asia. It has a corporate partnership with Japanese company, Miroku Co.,Ltd.. Since 1997, Herstal Group has been 100% owned by the Walloon Region of Belgium, who purchased the remaining shares from GIAT.

In 1957, NATO adopted Herstal Group's 7.62×51mm ammunition design as standard. They later, in 1982, adopted Eugene Stoner's 5.56×45mm ammunition design.