Wednesday, August 8, 2012
Guns? $6 Billion? What a lucrative industry?
The US gun and ammunition manufacturing industry includes about 300 companies with combined annual revenue of about $6 billion. Major gun and ammunition manufacturers include Browning Arms; Freedom Group (which includes Remington Arms, Marlin Firearms, and Bushmaster Firearms); Olin; Alliant Techsystems; Sturm, Ruger & Company; and Smith & Wesson. The industry is highly concentrated.