Smith & Wesson Holding Corporation announced that the company made the decision to divest its perimeter security business in order to focus on its core firearm business, also pointing out “significantly reduced government spending” and a “deteriorated” environment in the space as contributing factors. The company is currently exploring strategic alternatives to accomplish the divestiture.
Smith & Wesson Holding Corporation announced that the company made the decision to divest its perimeter security business in order to focus on its core firearm business, also pointing out "significantly reduced government spending" and a "deteriorated" environment in the space as contributing factors. The company is currently exploring strategic alternatives to accomplish the divestiture.