Smith & Wesson Holding Corporation announced plans Monday to buy leading laser sight company Crimson Trace for $95 million.
Well, knives and guns do go together. The acquisition was a part of Smith & Wesson’s strategic plan to expand the company’s accessory division, which raked in $65.3 million in revenue last year.
The National Institute of Justice has asked for public feedback on the generic baseline specifications for law enforcement service pistols equipped with a smart safety device.
Keeping to an all too familiar tune on the heels of mass shootings, gun and gear manufacturers’ stocks jumped after a bloody week in policing.
The response to the Orlando shooting followed a familiar trend that included a passionate call for stricter regulation on firearms and an uptick in reported gun sales.
The gun manufacturer closed out its fourth quarter with a 22.2 percent increase in sales, but the company dismissed claims that it’s due to a surge in demand.
Ending its fiscal year and first full year with an accessory wing, Smith & Wesson reported a 31 percent increase in annual sales, which pushed total revenue to $722.9 million.
Holster maker DeSantis is expanding their Slim-Tuk holster line to accommodate a few more gun models.
Safariland Group revealed plans to expand on its line of concealable holsters with the addition of models geared towards the new Smith & Wesson M&P .45 ACP.
Guns.com was on hand at the NRA Annual Meeting 2016 to find some of the hottest and newest pistols Louisville had to offer.