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Gun Sales Up For Smith & Wesson

This article is more than 10 years old.

Springfield-based firearms-maker Smith & Wesson reports that its profit doubled last quarter.

Gunmakers generally have seen a boost in sales recently amid fears that the Obama Administration would restrict some weapons. But just as that business was beginning to slow, Smith & Wesson CEO Mike Golden reported that strong sales to police and the military have helped the company reach record earnings.

"Smith & Wesson branded pistols were up 33 percent for the quarter. Our tactical rifles grew over 195 percent," said Golden. He said that is thanks in part to a big order from police in India after the terrorist attacks in Mumbai.

Smith & Wesson manufactures its firearms in Springfield and has plants in Maine and New Hampshire.

This program aired on June 23, 2009. The audio for this program is not available.

Curt Nickisch Twitter Business & Technology Reporter
Curt Nickisch was formerly WBUR's business and technology reporter.

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