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The report confirmed that, because the nation has struggled to deal with an epidemic of gun violence that has plagued colleges, church buildings, supermarkets, live shows and purchasing malls, firearms producers have been having fun with ballooning proceeds from the sale of the weapons used to hold out mass shootings.
Daniel Protection’s income from AR-15-style rifles tripled from 2019 to 2021, to over $120 million from $40 million, the report mentioned. Daniel Protection manufactured the AR-15-style rifle that was utilized by the 18-year-old gunman in Uvalde.
Ruger, the nation’s largest maker of rifles, reported that its gross earnings from AR-15-style rifles additionally almost tripled from 2019 to 2021, growing to over $103 million from $39 million. The corporate’s AR-15-style rifle and pistols had been utilized by mass shooters in Sutherland Springs, Texas, in 2017 and Boulder, Colo., in 2021.
Smith & Wesson’s income from all lengthy weapons, which embody AR-15-style rifles, greater than doubled between 2019 and 2021, to $253 million from $108 million. The corporate bought the weapon used within the July 4 bloodbath in Highland Park, Unwell., in addition to the Parkland faculty taking pictures in Florida in 2018.
Sig Sauer, the corporate that bought the AR-15-style rifle utilized in a mass taking pictures in 2016 on the Pulse nightclub in Orlando, Fla., and three of the weapons utilized by the gunman in Las Vegas in 2017, refused to reveal its income.
And Bushmaster, which made the weapon used within the Sandy Hook Elementary College taking pictures in Newtown, Conn., in 2012, mentioned it had no monetary information from earlier years as a result of it was lately bought by a brand new firm.
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