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Smith & Wesson Gets Second Pistol Order From Army
SEPTEMBER 21, 2005 --
Smith & Wesson Holding Corp. has secured an order from the US Army Tank Automotive Armament Command to provide 12,000 pistols for shipment to the Afghanistan Border Patrol. The order, which was received yesterday and is valued at approximately $3.4 million, is scheduled to ship in its entirety by December.
Michael Golden, president/CEO, said, "This order for the US Army represents a new milestone in establishing Smith & Wesson as an ongoing supplier of domestic, high-quality firearms to the military branch of the federal government. We established a strategy at Smith & Wesson early in calendar '05 to increase our efforts in supplying pistols to the US government and military segments. To that end, we have established a sales organization dedicated to that objective and have now won our second order in just five months. We intend to maintain our efforts to continue growing this aspect of our business by supplying firearms to our government and to our allies abroad. In addition, because our pistols are manufactured entirely in the US, this order represents an opportunity to provide our government with products that help to support jobs here at home."
This order is the second shipment of S&W pistols to be provided to the Army for ultimate delivery to Afghanistan security forces. The first shipment, completed in May, was shipped through the US Army Security Command to supply the Afghanistan National Army. For both orders, the Army selected the Model SW9VE, a double-action-only pistol constructed with a durable polymer frame and a through-hardened stainless steel slide and barrel. Unique features of the 9 mm pistol include simple operation procedures, tool-less disassembly and state-of-the-art ergonomic design.
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 Smith & Wesson Has Strong 1Q
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Federal government
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Smith & Wesson Holding Corporation
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Pistol Order
through-hardened stainless steel slide
durable polymer frame
operation procedures
tool-less disassembly
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