Army Rejects Smith & Wesson Handgun Replacement

The competition to replace the U.S. Army's Beretta M9 pistol has lost at least one of its participants: Smith & Wesson Holding (NASDAQ: SWHC) announced Friday that it is out of the running. While the gunmaker says the government contract has never been factored into its earnings guidance, which is still on track for a big year over year increase, had its bid been successful, it would have been a truly transformative event for the company ...read more Read more here: Army Rejects Smith & Wesson Handgun Replacement Category: GD, SWHC ...

 

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