The total economic impact of the firearm and ammunition industry in the United States increased to $80.73 billion in 2022 from $19.1 billion in 2008, a 322 percent increase, while the total number of full-time equivalent jobs rose to over 393,696 from approximately 166,000, a 136 percent increase in that same period, according to a report released by the NSSF, The Firearm Industry Trade Association.
IWA OutdoorClassics reported positive numbers for its recent trade show in Nuremberg, Germany, whilst EnforceTac resumed its growth and development. Gun Trade World walked both exhibitions to give you the lowdown from the show floor.
On 27 March 2023, the Finnish and Swedish Defence Forces signed a framework agreement for a joint range of firearms with Sako Ltd at the Sako factory in Riihimäki.
Sig Sauer, Inc. has announced the acquisition of General Robotics Ltd, one of the world’s premier manufacturers of lightweight remote weapon stations and tactical robotics for manned and unmanned platforms and anti-drone applications.
Vortex has announced the acquisition of GeoBallistics, a Dallas, Texas based business providing ballistic mobile application software. The GeoBallistics philosophy closely aligns with the Vortex mission of creating the best possible experience for their customers.
SHOT Show, the key international trade exhibition, is back in Las Vegas in January 2023. Below, Gun Trade World has detailed all you’ll need to know for your visit to Sin City.
Enforce Tac, the international security exhibition, experienced a fantastic 2022 show despite the difficult global circumstances at the time. Now, for 2023, the show is going to be even bigger, as Gun Trade World discovers.
As of 01 November, IWA OutdoorClassics, a world-leading trade fair for hunting and shooting sports, outdoor equipment as well as safety and security will change to the overall responsibility of Thomas Preutenborbeck.
Industry leader, TenPoint Crossbows, has announced the promotion of Phil Bednar to President and CEO of the company (Hunter's Manufacturing Co. Inc. dba TenPoint Crossbows) and Steve Bednar to Executive Vice President and COO.
The overall mission of the Association is to market, promote and serve US individuals and companies and corporations involved in the manufacturer, importation, wholesale and retail sales and distribution of airguns and related hunting and airgun sport shooting equipment, products, goods and services.