Gun Industry Production Trends — S&W Is Now Number One

This gun production chart appears in the July 2018 issue of Shooting Industry magazine. Factoid: U.S. total firearms production has more than tripled since we launched this website in 2004.

Move over Ruger, Remington, Savage … Smith & Wesson is the new Big Kid on the Block. According to 2016 firearms industry production reports from Shooting Industry magazine, S&W has taken over as the number one firearms producer in the United States. That’s good news for S&W, but bad news for Ruger, which had been number one for the past eight years.

Read Full U.S. Firearms Industry Annual Report »

Smith & Wesson was the top overall U.S. firearms manufacturer in 2016 with 2,120,910 firearms produced, a stunning 44% increase over the previous year. Ruger was second in 2016 with 1,981,590 firearms, an 18.8% gain over 2015. The last time S&W was ranked number one was way back in 2007. While S&W is generally seen as a handgun maker, it also produces a wide variety of rifles both under the S&W banner and its subsidiary Thompson/Center Arms. Last year the historic Smith & Wesson enterprise was officially renamed American Outdoor Brands Corp. (NASDAQ: AOBC) in part to reflect the fact that it is more than just a handgun maker.

Key Industry Production Numbers in 2016

There were some other interesting facts revealed in the Shooting Industry magazine report:

1. For only the second time ever, U.S. gun-makers produced over 10 million firearms (rifles, pistols, and shotguns) in 2016. The 10,664,318 total was nearly 20% more than in 2015.

2. For the first time ever, in 2016 American gun-makers produced over 4 million rifles. The 4,239,335 rifle output set a new high mark, that was 6.5% more than the previous record year, 2013 (3,979,570).

3. A record number of handguns were also produced in 2016. The 5,576,366 pistols produced in 2016 marked a 7.9% increase from 2013, the previous record-holding year (5,167,008).

4. Gun sales increased dramatically in 2016, influenced by fears over the election: “NICS background checks achieved record-setting levels in 2016 — with 15,700,471 background checks (NSSF-Adjusted), an increase of 10.2 percent over 2015 (14,244,240 [NSSF-Adjusted]).”

Top Overall U.S. Firearms Manufacturers in 2016
(Percentage change over 2015)
• Smith & Wesson: 2,120,910 (+44.0%)
• Ruger: 1,981,590 (+18.8%)
• Remington: 1,240,665 (+8.5%)
• SIG Sauer: 633,533 (+27.4%)
• O.F. Mossberg: 508,466 (+0.8%)

Top U.S. Rifle Makers:
(Percentage change over 2015)
• Remington: 769,942 (-0.5%)
• Ruger: 701,992 (+6%)
• Anderson Mfg.: 453,763 (+51.1%)
• Smith & Wesson: 396,710 (+89.7%)
• Savage Arms: 311,878 (-18.3%)

Top U.S. Handgun Makers:
(Percentage change over 2015)
• Smith & Wesson: 1,724,131 (+36.4%)
• Ruger: 1,279,415 (+27.4%)
• SIG Sauer: 581,807 (+26.6%)
• Glock: 368,140 (+70%)
• Kimber: 223,785 (+69.6%)

Current Outlook for American Firearms Industry
So far, 2018 has been a fairly tough year for the gun industry: “The U.S. firearms industry finds itself at a crossroads in 2018. Facing attacks from state governments, financial institutions, tech companies and students (all while experiencing sluggish demand) it’s currently in a challenging position.” However, there are many indicators that the gun industry is still strong. Kimber and Tauras have both opened new factories in the U.S. Southeast, and Remington has emerged from Chapter 11 Bankruptcy with creditors exchanging debt for equity: “It is morning in Remington country — We are excited about the future…” said Anthony Acitelli, Remington CEO.

For more insights, read the full version of the U.S. Firearms Industry 2018 Report. There are many more detailed charts and tables breaking down production, imports, and exports. This appears in the July 2018 issue of Shooting Industry Magazine.

Click Here to Read Entire July 2018 Issue (Digital Version).

Click Here to Read All Past Issues of Shooting Industry Magazine (Digital Versions)

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Tags: American Outdoor Brands Corp., Remington, Ruger, Shooting Industry, Smith Wesson