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NAT’L – INDUSTRY INSIDER – Private Gun Ownership in America is Higher Than We Think

Private gun ownership in America is probably much higher than you think. Back in December, the Fresno Bee reported on a survey from the Graduate Institute of International and Development Studies (IHEID) in Geneva, Switzerland that revealed that the number of guns in America stands at a whopping 393 million. But this could actually underestimate the total number of guns in America. According to data from the National Shooting Sports Foundation (NSSF), the…

NAT’L – INDUSTRY INSIDER – US Government Softens Firearms Exports Rule: Stocks to Gain

The Trump administration announced some policy changes on Jan 17, which partially eased the U.S. export rules for firearms, including assault rifles and ammunition. This change comes much to the delight of investors as the U.S. firearms and ammunitions industry has not made noticeable progress over the past few years. The latest move is thus projected to boost companies manufacturing firearms and ammunitions, along with others associated with the…

MA – INDUSTRY INSIDER – CEO of Smith & Wesson owner out after misconduct allegations

The parent of Smith & Wesson has replaced its chief executive following misconduct allegations. Springfield-based American Outdoor Brands, which owns an array of shooting, hunting, and outdoor brands, said its board of directors found that James Debney had ‘‘engaged in conduct inconsistent with a non-financial company policy.’’ American Outdoor did not provide specifics about what that policy is or when the offense took place, and the company did not…

NY – INDUSTRY INSIDER – Remington Arms is nation’s oldest gunmaker. This small New York village vows to keep it open (VIDEO)

A small upstate New York village that relies on manufacturing firearms is caught between a storied past and a fickle future. Ilion, a Herkimer County village of about 8,000 people, is the birthplace of America’s oldest gunmaker, Remington Arms. The company’s future is clouded amid a rise in mass shootings across the country and a Supreme Court decision allowing families of those killed in the Sandy Hook Elementary School shooting in 2012 to sue…

Gunmaker Gets $39 Million From Taxpayers for 300 Small-Town Jobs

It took two decades of wooing, millions in tax credits and the gift of a free factory, but Georgia finally bagged its quarry. A Brazil-based gunmaker agreed to move from the Miami area to a small town just north of the Florida border.

Taurus Holdings Inc. is expected to bring 300 jobs to Bainbridge, Georgia, population 12,000. In exchange, Taurus will receive a…

NAT’L – INDUSTRY INSIDER – Americans Own At Least 423 Million Firearms, Industry Report Shows

Just under 423 million firearms were produced or imported for civilian ownership in the United States from 1986 to 2018, indicating that the number of guns currently in circulation remains substantial. This is a low-end estimate, as it does not include firearms that were produced before the time span studied, although it also does not account for any weapons that may have been removed from circulation post-production. In addition,…

AR – INDUSTRY INSIDER – Major Firearms Distributor Adopts Firm’s Augmented Reality Technology

NEXTECH AR SOLUTIONS CORP. (NTAR:CSE; NEXCF:OTCQB) ANNOUNCED IN A NEWS RELEASE THAT U.S. FIREARMS DISTRIBUTOR DAVIDSON'S INC. ADOPTED NEXTECH'S AUGMENTED REALITY (AR) TECHNOLOGY FOR ITS BUSINESS-TO-CONSUMER AND BUSINESS-TO-BUSINESS SEGMENTS. U.S.-BASED DAVIDSON'S WAS THE FIRST TO TAKE ADVANTAGE OF WALTHER'S RECENTLY EXPANDED AGREEMENT WITH NEXTECH IN WHICH WALTHER WILL COVER THE COST FOR ITS TOP 25 DISTRIBUTORS TO IMPLEMENT NEXTECH'S WEBAR THREE-DIMENSIONAL EXPERIENCE ON THEIR WEBSITES.

DC – INDUSTRY INSIDER – Senate Confirms Aurelia Skipwith as Director of Fish & Wildlife Service

THE U.S. SENATE HAS CONFIRMED THE NOMINATION OF AURELIA SKIPWITH AS DIRECTOR OF THE U.S. FISH AND WILDLIFE SERVICE WITH A BIPARTISAN VOTE OF 52-39. SKIPWITH HAS SERVED AS DEPUTY ASSISTANT SECRETARY FOR FISH AND WILDLIFE AND PARKS AT THE DEPARTMENT OF THE INTERIOR SINCE APRIL 19, 2017.

NY – INDUSTRY INSIDER – Remington plant lays off 120 as gun makers report declining sales

Gun control: Remington plant lays off 120 as gun makers report declining sales Remington has announced layoffs at its New York plant as many gun companies reported struggling sales. The number of FBI background checks, considered a measure of firearm purchases, has dropped under the Trump administration. Beginning in December – the month after Republican Donald Trump was elected president – the FBI has monthly gun background checks that were…

INT’L – INDUSTRY INSIDER – Automatic Weapons Market is thriving worldwide with General Dynamics Corporation (US), Northrop Grumman (US), and more

The global Automatic Weapons Market is expected to reach at xx % in the forecast period, stated by a recent study of Contrive Datum Insights. It offers a complete overview of the global market along with the market influencing factors. Furthermore, it offers a detailed description of the global market with respect to the dynamics of the market such as internal and external driving forces, restraining factors, risks, challenges, threats, and…

Why Shares of Sportsman’s Warehouse Are Soaring Today

Strong third-quarter results hint at a recovery in the firearms business.

FOOL.COM December 6, 2019 –  Shares of Sportsman’s Warehouse (NASDAQ:SPWH) jumped more than 14% on Thursday morning after the outdoor sports equipment retailer reported solid third-quarter results and raised fourth-quarter and full-year guidance. Companies involved in firearms sales have been under pressure in recent years,…

NSSF Releases Firearms Production Figures

 More than 17.7 million Modern Sporting Rifles in Private Ownership

NSSF.ORG December 5, 2019 The National Shooting Sports Foundation® (NSSF®), the firearms industry trade association, released the 2017 Firearms Production Report to members. The report compiles the most up to date information based on data sourced from the Bureau of Alcohol, Tobacco, Firearms and Explosives’…

NAT’L – INDUSTRY INSIDER – Will American Outdoor Brands Be Spinning Off a Healthy Gun Company?

THE BIG NEWS HEADING INTO AMERICAN OUTDOOR BRANDS' (NASDAQ:AOBC) FISCAL SECOND QUARTER EARNINGS REPORT IS, OF COURSE, THE DECISION TO SPLIT THE COMPANY IN TWO. SEPARATING THE OUTDOOR GEAR AND EQUIPMENT MAKER FROM ITS SMITH & WESSON FIREARMS BRAND DISTANCES THE FORMER TO PURSUE THE MUCH LARGER OUTDOOR RECREATIONAL MARKET OPPORTUNITY WITHOUT THE DISTRACTION OF THE VOLATILE AND POLITICALLY CHARGED GUN BUSINESS. WHAT INVESTORS WILL BE LOOKING FOR ON THURSDAY, DEC. 5, IS WHETHER AMERICAN OUTDOOR AND SMITH & WESSON WILL BE FINANCIALLY SOUND COMPANIES. THE SPLIT WON'T HAPPEN UNTIL NEXT YEAR, BUT THE SEEDS OF WHAT THE BUSINESSES WILL LOOK LIKE ARE BEING PLANTED NOW.

DC – Industry Insider – ATF pick kept in limbo by lack of GOP support

PRESIDENT TRUMP’S PICK TO HEAD THE U.S. BUREAU OF ALCOHOL, TOBACCO, FIREARMS AND EXPLOSIVES IS STUCK IN LIMBO NEARLY TWO MONTHS AFTER A SENATE COMMITTEE POSTPONED A VOTE TO ADVANCE HIS NOMINATION. CHUCK CANTERBURY, THE HEAD OF THE NATIONAL FRATERNAL ORDER OF POLICE, WAS SUPPOSED TO BE VOTED OUT OF THE SENATE JUDICIARY COMMITTEE IN SEPTEMBER, BUT THE VOTE WAS DELAYED BECAUSE OF A LACK OF REPUBLICAN SUPPORT.

WY – INDUSTRY INSIDER – ICYMI: Firearms Manufacturer Stag Arms Relocating To Cheyenne

Firearms manufacturer Stag Arms LLC will relocate to Cheyenne by the end of 2019, Governor Mark Gordon’s office announced Tuesday.

“Cheyenne came out on top on most of the individual criteria,” said Elie Azar, the founder and CEO of the private equity firm which owns a controlling interest in the company. “And considering our requirements as a whole, it was by far the superior site.” The Connecticut-based company was founded…

CT – INDUSTRY INSIDER – Longtime CT gunmaker leaving state for Wyoming

LONGTIME CITY GUN MANUFACTURER STAG ARMS ANNOUNCED MONDAY THE COMPANY WILL MOVE ITS HEADQUARTERS TO WYOMING BY THE END OF THE YEAR. THE COMPANY WHICH FOR YEARS MANUFACTURED GUNS, INCLUDING ASSAULT RIFLES, IN NEW BRITAIN, HAD BECOME EMBROILED IN CONTROVERSIES AFTER THE SANDY HOOK SHOOTINGS WHICH KILLED 26 IN 2012. STAG ARMS FORMER OWNER AND PRESIDENT MARK MALKOWSKI BUCKED ATTEMPTS TO REFORM STATE LAWS AFTER THE SHOOTINGS MAKING THE SALE OF CERTAIN ASSAULT RIFLES ILLEGAL IN CONNECTICUT.

NAT’L – INDUSTRY INSIDER – Are Gun Makers To Blame for Mass Shootings? Can They Be Sued?

NOW THAT THE U.S. SUPREME COURT HAS REFUSED TO HEAR REMINGTON’S APPEAL, THE CASE WILL MOVE INTO DISCOVERY AND, POTENTIALLY, TRIAL IN A CONNECTICUT STATE COURT. SINCE MANY STATES HAVE UNFAIR TRADE PRACTICES LAWS LIKE CONNECTICUT’S, GUN VIOLENCE VICTIMS ARE LIKELY TO BRING SIMILAR CLAIMS ELSEWHERE, EFFECTIVELY ENDING THE GUN INDUSTRY’S FEDERAL IMMUNITY FROM CIVIL LAWSUITS.

MA – INDUSTRY INSIDER – American Outdoor to split into two firms, separating its gun business

AMERICAN OUTDOOR BRANDS CORP. SAID IT WILL SPLIT INTO TWO PUBLICLY TRADED COMPANIES, ONE FOCUSED ON FIREARMS AND THE OTHER ON OUTDOOR PRODUCTS, IN AN EFFORT THAT MAY HELP IT BOOST VALUES THAT HAVE FLAGGED UNDER PRESSURE FOR GUN REFORMS IN THE UNITED STATES. THE RESULTING COMPANIES — SMITH & WESSON BRANDS INC. AND AMERICAN OUTDOOR BRANDS INC. —WILL BE ACHIEVED THROUGH THE SPINOFF OF THE OUTDOORS AND ACCESSORIES BUSINESS AS A TAX-FREE STOCK DIVIDEND TO ITS STOCKHOLDERS, THE SPRINGFIELD-BASED COMPANY SAID IN A STATEMENT WEDNESDAY.

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