abhishreshthaa
Abhijeet S
Smith & Wesson (NASDAQ: SWHC) (S&W) is the largest manufacturer of handguns in the United States. The corporate headquarters is in Springfield, Massachusetts. Founded in 1852, Smith & Wesson's pistols and revolvers have become standard issue to police and armed forces throughout the world. Consequently they have been used by sport shooters and have been featured in numerous Hollywood movies, particularly Clint Eastwood's Dirty Harry. Smith & Wesson has been known for the many types of ammunition it has introduced over the years, and many cartridges bear the company's name.
Strengths
* Thompson/Center Arms, Inc., a premier designer and manufacturer of premium hunting rifles, black powder rifles, interchangeable firearms systems and accessories under the Thompson/Center brand. Smith & Wesson licenses shooter eye and ear protection, knives, apparel, and other accessory lines.
* Smith & Wesson is the largest manufacturer of handguns in the United States and one of the most recognizable brands in the world. They manufacture and distribute a full line of firearms for defense, law enforcement, hunting and sporting.
* They provide products that are utilized by virtually every police agency and military force around the world and The Smith & Wesson Academy is America's longest running firearms training facility for law enforcement, military and security professionals. Law enforcement personnel from every state and over 50 foreign countries have come to the Springfield, Massachusetts facility to receive state-of-the-art instruction, to prepare for and exceed the demanding needs of law enforcement. The academy's superior training gives today's police force the tools necessary to handle tomorrow's most extreme situations.
* They are a company dedicated to research and development and have produced the first American made double action auto-loading pistol, stainless steel firearms and perimeter security systems and have driven product development for more than 150 years.
* In 2009 they won the first ever ASIS Accolades Award for the Expeditionary Mobile Barrier (EMB) in the category of Most Transformational Product or Service. The EMB is a completely mobile barrier that can stop a 7,500-pound vehicle traveling 45 miles-per-hour. This product increases the likelihood that vehicle occupants will be unharmed. It is immediately resettable after impact, with few or no replaced parts. An adjustable net allows the system to secure a variety of roadway widths without requiring additional parts.
* Smith and Wesson's Universal Safety Response (USR) serves a variety of clients in the defense, transportation and petrol-chemical industries, as well as corporate facilities, airports, Fortune 500 companies, national laboratories and museums. USR's security systems are also used by the US Homeland Security and to safeguard high-risk facilities.
* They are a leading advocate of the development and use of firearms safety devices, incorporated multiple safety features into each of their handguns, maintained the country's longest-running shooters training facility, promoted the NSSF "Child Safe" gun lock program nationwide, and they currently license numerous safety devices to the shooting sports market.
* Despite the economic recession in the Unites States, sales grew 13.2% in 2008.
* They have a 70% market share in the handgun segment of the firearms industry in the United States.
Weaknesses
* Only 7% of their sales are produced from international venues. A vast majority of their sales are in the United States market, and while they are an international company, their sales and market share in foreign markets are low.
* They do not dominate the hunting enthusiast market.
* From 2004 to 2009, sales of revolvers dropped from about 40% of the company's sales to around 20%.
Opportunities
* To diversify and add breadth to its brand, the firm licenses its name to makers of apparel, watches, sunglasses, gift sets, and more.
* The creation of law enforcement products that do not injure public offenders; such as guns that shoot "bean bags" or "large pellets."
* Technological advancements for this company are always leading to more opportunities-for instance they could create a gun that has fingerprint recognition capabilities and can only be fired by whoever programmed the gun.
* Expanding its products in the areas of tactical and long-gun lines, as well as non-firearm products and services.
Threats
* Their major competitors are Browning Arms, Glock and Ruger.
* Sales of firearms in the United States are based on laws passed by the government giving citizens the right to carry weapons; however, this is a hotly debated issue and could change.
* Expanding into foreign markets is challenging due to political and legal laws prohibiting the sale and use of weapons. In some countries only law enforcement is allowed to carry weapons.
Strengths
* Thompson/Center Arms, Inc., a premier designer and manufacturer of premium hunting rifles, black powder rifles, interchangeable firearms systems and accessories under the Thompson/Center brand. Smith & Wesson licenses shooter eye and ear protection, knives, apparel, and other accessory lines.
* Smith & Wesson is the largest manufacturer of handguns in the United States and one of the most recognizable brands in the world. They manufacture and distribute a full line of firearms for defense, law enforcement, hunting and sporting.
* They provide products that are utilized by virtually every police agency and military force around the world and The Smith & Wesson Academy is America's longest running firearms training facility for law enforcement, military and security professionals. Law enforcement personnel from every state and over 50 foreign countries have come to the Springfield, Massachusetts facility to receive state-of-the-art instruction, to prepare for and exceed the demanding needs of law enforcement. The academy's superior training gives today's police force the tools necessary to handle tomorrow's most extreme situations.
* They are a company dedicated to research and development and have produced the first American made double action auto-loading pistol, stainless steel firearms and perimeter security systems and have driven product development for more than 150 years.
* In 2009 they won the first ever ASIS Accolades Award for the Expeditionary Mobile Barrier (EMB) in the category of Most Transformational Product or Service. The EMB is a completely mobile barrier that can stop a 7,500-pound vehicle traveling 45 miles-per-hour. This product increases the likelihood that vehicle occupants will be unharmed. It is immediately resettable after impact, with few or no replaced parts. An adjustable net allows the system to secure a variety of roadway widths without requiring additional parts.
* Smith and Wesson's Universal Safety Response (USR) serves a variety of clients in the defense, transportation and petrol-chemical industries, as well as corporate facilities, airports, Fortune 500 companies, national laboratories and museums. USR's security systems are also used by the US Homeland Security and to safeguard high-risk facilities.
* They are a leading advocate of the development and use of firearms safety devices, incorporated multiple safety features into each of their handguns, maintained the country's longest-running shooters training facility, promoted the NSSF "Child Safe" gun lock program nationwide, and they currently license numerous safety devices to the shooting sports market.
* Despite the economic recession in the Unites States, sales grew 13.2% in 2008.
* They have a 70% market share in the handgun segment of the firearms industry in the United States.
Weaknesses
* Only 7% of their sales are produced from international venues. A vast majority of their sales are in the United States market, and while they are an international company, their sales and market share in foreign markets are low.
* They do not dominate the hunting enthusiast market.
* From 2004 to 2009, sales of revolvers dropped from about 40% of the company's sales to around 20%.
Opportunities
* To diversify and add breadth to its brand, the firm licenses its name to makers of apparel, watches, sunglasses, gift sets, and more.
* The creation of law enforcement products that do not injure public offenders; such as guns that shoot "bean bags" or "large pellets."
* Technological advancements for this company are always leading to more opportunities-for instance they could create a gun that has fingerprint recognition capabilities and can only be fired by whoever programmed the gun.
* Expanding its products in the areas of tactical and long-gun lines, as well as non-firearm products and services.
Threats
* Their major competitors are Browning Arms, Glock and Ruger.
* Sales of firearms in the United States are based on laws passed by the government giving citizens the right to carry weapons; however, this is a hotly debated issue and could change.
* Expanding into foreign markets is challenging due to political and legal laws prohibiting the sale and use of weapons. In some countries only law enforcement is allowed to carry weapons.