Focus Stocks
Smith & Wesson® Converts Two State Agencies to the M&P Pistol
Published on Monday, 12 December 2011 08:23 Written by TradersHuddle Staff
Massachusetts State Police and Vermont State Police Select Smith & Wesson M&P Pistols
SPRINGFIELD, Mass., Dec. 12, 2011 /PRNewswire/ -- Smith & Wesson Holding Corporation (NASDAQ: SWHC), parent company of Smith & Wesson Corp., a U.S.-based leader in firearm design and manufacturing, today announced that it has received contracts from the Massachusetts State Police and the Vermont State Police for new duty firearms from the M&P Pistol Series. The Massachusetts State Police has selected the M&P45 pistol, while the Vermont State Police has adopted the M&P40 pistol as its new service firearm. Both of the statewide law enforcement agencies have initiated the transition process and Troopers are currently using the M&P pistol in the field.
Massachusetts State Police
As the nation's oldest statewide police agency, the Massachusetts State Police has a rich history of service to its citizens and support of national events. Employing over 2,300 Troopers and 400 civilian support staff, the agency is responsible for criminal law enforcement and traffic vehicle regulations across the state. To better assist its Troopers with these responsibilities, the Massachusetts State Police has ordered 2,500 M&P pistols chambered in .45ACP.
During the agency's independent testing and evaluation process, the M&P45 was judged against the department's previously standard sidearm, as well as numerous other competitive products. At the conclusion of the trial, the M&P45 was selected due to its ergonomic design, accuracy, reliability, and the pistol's ability to be customized to meet individual preferences. Smith & Wesson will support the firearm contract with a full range of services including armorer's training. In addition to the M&P45 pistols, the Massachusetts State Police previously adopted the M&P15 tactical rifle from Smith & Wesson that currently serves as the State issued patrol rifle.
"We are extremely pleased with the decision by the Massachusetts State Police and the Vermont State Police to transition to the M&P pistol," said Mario Pasantes, Smith & Wesson's Senior Vice President of Marketing and Global Professional Sales. "We take pride in supplying law enforcement professionals with highly advanced, duty proven equipment, and we believe the M&P Series lives up to that standard. Selected for numerous awards and trusted by both officers and civilians, the popularity of the M&P pistol has been enduring. Today, over 800 law enforcement agencies have adopted or approved for duty use our M&P products. Our commitment to those who have put their trust in Smith & Wesson is steadfast."
Pasantes added, "We are especially honored to serve the Massachusetts State Police, our home state force. Our employees take great pride in aligning with local law enforcement, and we look forward to expanding our relationship with the Massachusetts State Police and to seeing the M&P45 on the hips of our State Troopers."
Vermont State Police
Through its contract with Smith & Wesson, the Vermont State Police has ordered 390 M&P40 pistols. During its open evaluation process, the M&P40 pistol received high marks by the Vermont troopers for its low perceived recoil, reliability during testing, and consistent performance. The new side arms are being supported with a full range of services from Smith & Wesson, including armorer's training and advanced firearms training courses.
About Smith & Wesson
Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) is a U.S.-based leader in firearm design and manufacturing. The company delivers a broad portfolio of firearms and related training to the global military, law enforcement, Federal and sports markets. Smith & Wesson Holding Corporation companies include Smith & Wesson Corp., the globally recognized designer and manufacturer of quality firearms, and Thompson/Center Arms Company, Inc., a premier designer and manufacturer of premium hunting firearms. Smith & Wesson facilities are located in Massachusetts and Maine. For more information on Smith & Wesson and its companies, call (800) 331-0852 or log on to www.smith-wesson.com.
Industry Contact: Matt Rice | |
Blue Heron Communications | |
(800) 654-3766 | |
This e-mail address is being protected from spambots. You need JavaScript enabled to view it. | |
Liz Sharp, VP Investor Relations | |
Smith & Wesson Holding Corp. | |
(413) 747-3304 | |
This e-mail address is being protected from spambots. You need JavaScript enabled to view it. | |
SOURCE Smith & Wesson Holding Corporation
Related Articles
- Smith & Wesson Holding Corporation Announces Stronger Than Anticipated Fourth Quarter Fiscal 2012 Net Sales
- Smith & Wesson® Unveils New M&P Shield™ Pistol
- Smith & Wesson to Present at Roth Capital Conference
- Smith & Wesson Holding Corporation Reports Third Quarter Fiscal 2012 Financial Results
- Smith & Wesson Third Quarter Fiscal 2012 Financial Release and Conference Call Alert
Related Partner Headlines
- Wedbush Expects Market Share Gains for Smith & Wesson - Benzinga
- Smith & Wesson Shoots from the Hip, Takes Down Analyst Estimates - Benzinga
- Smith & Wesson Shares Surge In Pre-Market On Upbeat Sales Forecast - Benzinga
- Smith & Wesson Sees Q4 Sales of $129M vs $119.8M Est; $113-118M Prior Guidance - Benzinga
- UPDATE: Benchmark Initiates Coverage on Smith & Wesson - Benzinga
- Smith & Wesson Holding Stock Falls On Unusually High Volume (SWHC) - TheStreet.com
- Notable Call Options Activity in Smith & Wesson - Benzinga
TradersHuddle Search
| Sponsored By: |
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
Stocks To Watch For May 22 - Benzinga -
Top 4 NASDAQ Stocks In The Wireless Communications Industry With The Highest Cash - Benzinga -
Top 4 NYSE Stocks In The Credit Services Industry With The Highest ROE - Benzinga -
Top 4 Stocks In The Meat Products Industry With The Highest EPS - Benzinga -
Top 4 Stocks In The Basic Materials Wholesale Industry With The Highest Operating Margin - Benzinga -
Earnings Scheduled For May 22 - Benzinga -
Cramer's 'Mad Money' Recap: Financial Innovation Kills Small Investors - TheStreet.com -
Market Preview: The Next Big Move - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,504.48 Trade time:4:02PM EDT Value change:▲135.10 (1.09%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,315.99 Trade time:4:32PM EDT Value change:▲20.77 (1.60%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,847.21 Trade time:5:16PM EDT Value change:▲68.42 (2.46%)In The Wires
-
Trifork A / S - Quarterly Announcement for the First Quarter of 2012 -
DirectAsia.com Insurance Goes Live With Sapiens IDIT in Hong Kong -
Neptune, the Only Krill Oil Manufacturer Certified as "Friend of the Sea" -
U.K. Events and Hospitality Company iLUKA Prepares to Scale Up, Saves Money With Microsoft Office 365 Cloud-Based Service -
Neptune Believes the Australian Patent Office Will Reconsider Its Grant of Aker's Australian Patent -
BYOD Adoption is Growing Amongst EMEA Enterprises, Despite Security Concerns; Survey Shows -
Accenture Expands Its Salesforce.com Global Delivery Capabilities and Skills to Capitalize on Demand for Cloud Solutions -
HyperSolar Completes Proof of Concept Prototype that Successfully Produces Renewable Hydrogen









