California: New Bill Opens Up Our Industry To Law Suits!
Assembly members Phil Ting, D-San Francisco, Chris Ward, D-San Diego, and Mike A. Gipson, D-Carson announced Tuesday they’ve filed and are fighting to pass Assembly Bill 1594. The new CA bill amends the current statute to allow private right of action against domestic gun manufacturers based on public nuisance laws. (more…)
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H.R.127 — 117th Congress (2021-2022)
This bill establishes a process for the licensing and registration of firearms. It also prohibits the possession of certain ammunition and large capacity ammunition feeding devices.
First, the Bureau of Alcohol, Tobacco, Firearms and Explosives must establish (1) a licensing system for the possession of firearms or ammunition, and (2) a registration system for firearms. (more…)
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NRA files suit to defend gun owners’ privacy rights in California
https://www.lassennews.com/nra-files-suit-to-defend-gun-owners-privacy-in-california
From The Lassen County Times
The National Rifle Association Institute for Legislative Action filed a lawsuit against California on Wednesday, Jan 5, challenging a law that allows the state to disclose sensitive personal information about law-abiding gun owners to universities and any “bona fide research institute.” (more…)
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Firearms Licensing Bill Was The #5 Most Read Bill of 2021!
Chris McInally
11/7/21
The Sabika Sheikh Firearm Licensing and Registration Act was the #5 most read bill of 2021! This should alarm industry proponents as our nation continues to push their restrictive gun agenda.
US HR127, or the Sabika Sheikh Firearm Licensing and Registration Act, was proposed in January of 2021 and has been read 22,862 times this year. This bill, which is still in committee, aims to create a national firearm registry, set a minimum gun ownership age at 21, and require licensing and psychological evaluations. (more…)
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SHOT Show 2023 Coverage
Firearms Industry News will be on-site and ready to provide you with fresh coverage from Media Day at the Range and the 2022 SHOT Show. Please check back for up to date info and media. (more…)
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Orange County Shooting Range Field Time Review
After visiting the range for the first time a month back, I was extremely impressed with both the layout, cleanliness, and modernization of this range in comparison to many of the surrounding offerings. They allow rifle and pistol on the lines (excluding .50 of course), and the ventilation system was definitely something the owners should be proud of (no lead poisoning worries here). (more…)
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New 2019 California Gun Bill Information
ATTENTION CALIFORNIA GUN OWNERS! STAY UPDATED ON CURRENT LEGISLATION!
The below bills were signed into law:
Assembly Bill 1135 and Senate Bill 880 would make changes of monumental scale to California’s firearm laws by reclassifying hundreds of thousands of legally owned semi-automatic rifles as “assault weapons.” This legislation effectively outlaws magazine locking devices, more commonly known as “bullet buttons”. These are constitutionally protected firearms that have no association with crime. These changes would happen quickly with great individual costs to many gun owners and without public notice. Governor Brown vetoed similar legislation in 2013. (more…)
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Shall Not Be Infringed!
Chris McInally
2/17/2019
The American right to own a gun is guaranteed to us in the Bill of Rights. Young men fight everyday all around the world to protect this right. Gun control is attempting to illegally tie our hands and will lead to more innocent bloodshed.
Guns are necessary for personal security and hunting. We should make no apologies for backing a right explicitly stated in the Constitution, and Americans are making a stand. Beyond that, we do not need to make any apologies for exercising a right that is in the Constitution. (more…)
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Smith & Wesson: Americans are buying fewer guns
Smith & Wesson: Americans are buying fewer guns
by Aaron Smith
Shares of the gunmaker plunged nearly 10% Friday morning as it dawned on investors that the once high-flying gun industry is coming down to Earth.
The gun industry has experienced an intense run-up in demand over the last couple years, fueled by concerns of more rigorous gun restrictions in the wake of President Obama’s reelection and a series of mass shootings including the Sandy Hook massacre in Newtown, Conn.
Related: Gun silencer sales are booming
Gun enthusiasts stockpiled the military-style semiautomatic assault rifles, exhausting the supply and driving up the prices. But Obama failed to get a bill through Congress that would have placed restrictions on these guns, alleviating concerns that they would be hard to come by. As a result, rifle sales are suffering.
But there are still signs of growth. Smith & Wesson reported a hefty increase in handgun sales, buoyed by growing consumer interest in self-defense. Chief Executive Officer James Debney said Thursday that unit sales for handguns jumped 30% in the most recent quarter.
Still, Debney said the gain in handgun sales was offset by soft demand for “modern sporting rifles” — industry parlance for semiautomatic rifles.
Related: Gun range with a bar opening soon
Debney blamed the weakness in rifle sales for the company’s overall slump in revenue. But analysts who follow the company see hope in burgeoning handgun sales.
“Compact guns and polymer guns are selling really well,” said Brian Ruttenbur, gun analyst for CRT Capital. “They are ramping up production dramatically.”
Ruttenbur said that Smith & Wesson’s latest line of M&P compact pistols is so popular that retail supplies are running thin.
“You can’t find an M&P gun on the shelf,” he said. “This is their competitor to Glock.”
Related: Buy your own tank, or missile launcher
For the fourth quarter, Smith & Wesson (SWHC) reported a decline in net sales of more than 4% to $170 million and a 13% drop in income from continuing operations to about $25 million.
Company executives preferred to emphasize record sales of $626 million for the fiscal year, up 6% from the prior year.
“We are very pleased with our record results for fiscal year 2014, which include the highest sales, gross margin and profits in the company’s history,” said Debney, in a press release. “Our successful performance was driven by robust consumer demand for our products, combined with carefully managed increases in our manufacturing capacity.”
Smith & Wesson projects that net sales for fiscal year 2015 will dip to a range of $585 million to $600 million.
Shares of rival gunmaker Sturm Ruger (RGR) also fell Friday, but its drop was less dramatic.
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Outdoor Channel to Serve as SHOT Show® Pinnacle Sponsor
NEWTOWN, Conn. — Outdoor Channel, America’s Leader In Outdoor TV, has committed to a Pinnacle-level sponsorship for the Shooting, Hunting and Outdoor Trade ShowTM (SHOT Show®) for the fourth consecutive year.
Pinnacle is the highest sponsorship level associated with the SHOT Show, which is the largest trade show of its kind in the world, attracting more than 60,000 attendees and 1,600 companies exhibiting firearms, ammunition, outdoor apparel, law enforcement equipment, optics, cutlery and related products and services.
The SHOT Show is owned by the National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industry, and is produced and managed by ConvExx. -Reported By The NSSF
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