Connect with us

Hi, what are you looking for?

United States

Assault Weapons Makers Pulled In Over $1 Billion as Violence Surged, Report Says

The report showed that, as the country has struggled to cope with an epidemic of gun violence that has plagued schools, churches, supermarkets, concerts and shopping malls, firearms manufacturers have been enjoying ballooning proceeds from the sale of the weapons used to carry out mass shootings.

Daniel Defense’s revenue from AR-15-style rifles tripled from 2019 to 2021, to over $120 million from $40 million, the report said. Daniel Defense manufactured the AR-15-style rifle that was used by the 18-year-old gunman in Uvalde.

Ruger, the country’s largest maker of rifles, reported that its gross earnings from AR-15-style rifles also nearly tripled from 2019 to 2021, increasing to over $103 million from $39 million. The company’s AR-15-style rifle and pistols were used by mass shooters in Sutherland Springs, Texas, in 2017 and Boulder, Colo., in 2021.

Smith & Wesson’s revenue from all long guns, which include AR-15-style rifles, more than doubled between 2019 and 2021, to $253 million from $108 million. The company sold the weapon used in the July 4 massacre in Highland Park, Ill., as well as the Parkland school shooting in Florida in 2018.

Sig Sauer, the company that sold the AR-15-style rifle used in a mass shooting in 2016 at the Pulse nightclub in Orlando, Fla., and three of the weapons used by the gunman in Las Vegas in 2017, refused to disclose its revenue.

And Bushmaster, which made the weapon used in the Sandy Hook Elementary School shooting in Newtown, Conn., in 2012, said it had no financial data from previous years because it was recently purchased by a new company.

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like


EXCLUSIVE: GOP senators James Lankford and Rick Scott are demanding that the Senate be briefed by the FBI, Department of Justice and National Archives...

United States

Their focus is on reaching young voters of color, a famously hard-to-reach demographic that tends to tune out politics. For Democrats, they are an...


The official who triggered the federal probe into former President Donald Trump’s handling of classified documents opted against doing the same concerning Hillary Clinton’s...

United States

Representative Liz Cheney of Wyoming is highlighting her role as the top Republican on the Jan. 6 committee in a closing ad for her...


A source close to former President Trump told Fox News Thursday that new reports suggesting an informant tipped off the FBI about alleged sensitive...


Attorney General Merrick Garland is under fire from congressional Republicans after admitting Thursday to personally approving the raid on former President Donald Trump’s Mar-a-Lago...

United States

Good afternoon. Since I became attorney general, I have made clear that the Department of Justice will speak through its court filings and its...


Attorney General Merrick Garland said he “personally approved” the decision to seek a search warrant for former President Trump’s private residence at Mar-a-Lago, saying...