Category: news

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Industry News Roundup

Post author By Richard Johnson
Post date November 5, 2012

Days before the NASGW Expo, news is starting to move at a much faster pace including announcements of new guns, shooting gear and even corporate acquisitions. Here are a few of the things that are leaking out ahead of this week’s show.

Remington Arms acquires TAPCO

The Remington Arms Company picked up gun accessory maker TAPCO, expanding the company’s reach throughout the shooting market. TAPCO manufactures a wide range of firearm parts, mainly for rifles. I know a lot of people that have relied on their replacement AK and SKS parts to ensure 922r compliance.

Tags CZ, Diamondback, G&G Tools, Metro Arms, Remington, TAPCO

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Gun Culture 2.0

Michael Bane introduced me to the idea of “Gun Culture 2.0,” and I recently offered my views on the changing face of the gun culture in an article at Human Events.

Cam Edwards of the Cam & Company radio show invited me on Wednesday night to talk about my views on the changing gun culture. Essentially, I stated that the latest generation of gun owners is a much more diverse crowd and that those of us in the older, or more traditional, gun culture should be as welcoming as possible.

Tags gun culture, gun rights, NRA, second amendment

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Smith & Wesson Posts Another Record Quarter; Looks to Future

Post author By Richard Johnson
Post date September 6, 2012
1 Comment on Smith & Wesson Posts Another Record Quarter; Looks to Future

Fresh off record breaking profits in the first quarter of fiscal 2013, Smith & Wesson is looking to the future, reducing operating costs and gearing up for increased production of the M&P pistol line.

According to a press release from Smith & Wesson, Q1-2013 (ending August 31, 2012) was quite good for the company with record net sales and profits plus a reduction in operating costs.

Key Points

net sales of $136 million, up more than 48% from Q1-2012
gross profit of $51.3 million, or 37.7% of net sales
gross profit up from $26.5 million in Q1-2012
operating expenses down by $1 million when compared to Q1-2012
net income a record $18.9 million, up from $2.3 million in Q1-2012
cash on hand at end of Q1-2013 was $60.5 million

Tags financial, M&P, new guns, S&W, Smith & Wesson

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Ruger Single Nine Revolver

Post author By Richard Johnson
Post date September 6, 2012
3 Comments on Ruger Single Nine Revolver

Just announced: the Ruger Single Nine revolver.

The Single Nine is a single action, 9-shot revolver chambered for the .22 WMRF (aka 22 Magnum and 22 WMR). The gun features the classic Ruger styling, stainless steel finish and hardwood grips.

Tags .22 WMR, new gun, revolver, Ruger, Single Nine

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Limited Edition: Ruger Bisley 44 Magnum

Post author By Richard Johnson
Post date August 16, 2012
3 Comments on Limited Edition: Ruger Bisley 44 Magnum

In another exclusive contract with Lipsey’s, Ruger is making a limited run of single-action Bisley 44 Magnum revolvers. The new handguns feature a stainless steel finish and a 3 3/4″ barrel.

Tags .44 Magnum, Lipsey's, revolver, Ruger