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Smith & Wesson CEO Says Ammo Shortage Won’t End Soon: ‘Still a Lot of Interest’

Jack Phillips June 19, 2021 Ammunition, FBI, Politics, Social Issues, US, US News Comments Off on Smith & Wesson CEO Says Ammo Shortage Won’t End Soon: ‘Still a Lot of Interest’
The CEO of one of the largest U.S. gun manufacturers, Smith & Wesson, said that the current ammunition shortage is showing no signs of improving amid reports of Americans continuing to purchase record amounts of firearms. Over the past year or so, according to FBI data, gun sales in the United States have skyrocketed amid uncertainty surrounding COVID-19, Black Lives Matter demonstrations and violence, and Democrat officials’ proposals for more state and federal gun-control measures. “It’s widely known the ammunition shortages continue,” said Smith & Wesson CEO Mark Smith in a Fox Business interview on Thursday. “There is still a lot of interest in firearms.” He noted that Smith & Wesson shipped nearly 2.5 million units last year, up 70 percent from the previous year. A firearms market research firm, in a report released late last month, found that about 80 percent of American customers said they experienced issues trying …

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