U.S. Army Awards Sturm, Ruger & Co., Inc. Contract for 5,000 Pistols
December 23, 2004
Sturm, Ruger & Company, Inc. (NYSE: RGR), the nation's largest firearms manufacturer, is proud to announce that it has been awarded a contract for 5,000 9mm pistols by the U.S. Army Tank-automotive and Armaments Command, Rock Island Arsenal, IL. The pistols to be supplied are Ruger KP95D models. The pistols incorporate a stainless steel slide and a custom polymer composite frame.
"We are honored to be part of the nation's defense by furnishing the Army with Ruger P95 pistols," said Sturm, Ruger President Stephen L. Sanetti. "As there are no longer any U.S. Government small arms factories, our country must rely on the private firearms manufacturing sector to provide arms for the common defense. Sturm, Ruger's P95 pistols have developed a legendary reputation for strength, reliability, and value during the last ten years, and we are proud to have won the U.S. Army's competitive bid with these fine firearms."
"Our late founder, Bill Ruger, who began his firearms industry career 65 years ago designing small arms for the U.S. Government, would have been pleased," Sanetti concluded.
The Ruger pistols to be supplied under this contract will be manufactured in the company's Prescott, Arizona manufacturing facility.
About Sturm, Ruger & Co., Inc.
Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. The only full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, "Arms Makers for Responsible Citizens®," echoes the importance of these principles as we work hard to deliver quality and innovative firearms.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens®”