Shares of Smith & Wesson stock fell by $2 at the end of trading Monday after the U.S. Army rejected the company’s bid to replace the M9 service pistol.
Smith & Wesson notified investors Friday that the M&P will not advance to the next phase of testing in the Defense Department’s mission to replace the Army’s M9.
The latest M&P Shield, chambered in .45 ACP, answered the call of many Smith fans looking for more firepower on a familiar platform.
Gays Against Guns staged another protest Tuesday against BlackRock investment firm over its significant holdings in weapons stocks.
A lawsuit against Indiana gun store KS&E Sports hit another road block as lawyers for the shop appeared before Indiana’s Supreme Court requesting a dismissal.
Smith & Wesson completed the $95 million purchase of Crimson Trace on Monday, expanding the gun maker’s empire further into outdoor and shooting sports products.
Benelli USA, Stoeger Industries and Burris Optics Company united to donate $100,000 to the National Shooting Sports Foundation’s #GUNVOTE initiative last week.
Two giants in the gun industry are hashing out a conflict over a patent design in federal court, according to court documents filed this month.
Sen. Chris Murphy is continuing his attacks on the rights of gun owners. In a recent interview, he declared that “guns are the new cigarettes.”
Of the $630 million in sales, the Utah-based company raked in $342.8 million with gun and ammo companies under its wing like Savage Arms and Federal Premium.