CHP will buy 9,700 new guns
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CHP will buy 9,700 new guns
http://www.sacbee.com/content/busine...15071307c.html
California Highway Patrol Range Officer J. Tomlinson demonstrates the Smith & Wesson 4006TSW on Tuesday at the CHP Academy range in West Sacramento. News of the CHP deal pushed Smith & Wesson stock up nearly 5 percent on the American Stock Exchange.
A CHP officer demonstrates the 4006TSW. Smith & Wesson had only one rival for the CHP contract, but Sigarms' bid was disqualified because the firm did not have a model that met CHP requirements.
Delivery of the 4006TSW will begin in June and be finished over the next 18 months. The 40-caliber pistol, which can be equipped with light and laser devices, holds 11 rounds in the magazine and one in the chamber.
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0==WW==0
"…axles of evil…" - george w. bush
California Highway Patrol Range Officer J. Tomlinson demonstrates the Smith & Wesson 4006TSW on Tuesday at the CHP Academy range in West Sacramento. News of the CHP deal pushed Smith & Wesson stock up nearly 5 percent on the American Stock Exchange.
Originally Posted by SacBee.com
The Smith & Wesson contract for $6.6 million will replace pistols in use since the 1990s.
By Andrew McIntosh -- Bee Staff Writer
Published 2:15 am PDT Wednesday, May 17, 2006
Story appeared in Business section, Page D1
The California Highway Patrol is buying 9,700 semi-automatic pistols from gun maker Smith & Wesson Corp. in a deal the CHP says is worth $6.6 million.
Delivery of the .40-caliber firearms will start in June and be completed over the next 18 months, Smith & Wesson Vice President Liz Sharp said.
The new firearms will replace older Smith & Wesson pistols that CHP officers have carried as their primary service weapon since the 1990s, Sharp said.
Leland Nichols, Smith & Wesson’s chief operating officer, said the Springfield, Mass.-based company was “honored” that California’s premier law enforcement agency had decided to stick with his company’s guns.
“They are happy with the brand and happy with the reliability and durability,” Nichols said. “They have some units that have fired over 100,000 rounds.”
News of Smith & Wesson’s CHP contract pushed the company’s shares higher onTuesday. The stock rose 32 cents, or almost 5 percent, to close at $6.73 in trading on the American Stock Exchange.
The 4006TSW pistols, which weigh 37.8 ounces each, are made in Springfield and sell in stores for between $850 and $996 each, the latter the suggested retail price on the company’s Web site.
Nichols declined to disclose anyfinancial details aboutof the contract, citing competitive reasons.CHP spokesman Tom Marshall said his agency paid about $683 per weapon. He said the CHP is getting a $1.3 million credit for trading in its old Smith & Wesson service pistols as they are replaced.
The credits will cut the CHP’s actual out-of-pocket costs to $5.3 million, Marshall said.
A Smith & Wesson distributor in California, Allstate Police Equipment of Claremont, will supply the pistols.
The CHP sought public bids for the contract in March.
The U.S. affiliate of a rival Swiss pistol maker, Sigarms, submitted a bid, but its offer was disqualified by state officials, Marshall said.
The Smith & Wesson 4006TSW has a stainless steel frame, and a four-inch barrel and is 7 1/2 inches long. The pistol, which can be equipped with light and laser devices, holds 11 rounds in the magazine and one in the chamber.
The CHP order was the second big sale this month for Smith & Wesson. Last week, the firm announced that the Cincinnati Police Department had placed an order for 1,100 of its new advanced M&P9 polymer pistols.
By Andrew McIntosh -- Bee Staff Writer
Published 2:15 am PDT Wednesday, May 17, 2006
Story appeared in Business section, Page D1
The California Highway Patrol is buying 9,700 semi-automatic pistols from gun maker Smith & Wesson Corp. in a deal the CHP says is worth $6.6 million.
Delivery of the .40-caliber firearms will start in June and be completed over the next 18 months, Smith & Wesson Vice President Liz Sharp said.
The new firearms will replace older Smith & Wesson pistols that CHP officers have carried as their primary service weapon since the 1990s, Sharp said.
Leland Nichols, Smith & Wesson’s chief operating officer, said the Springfield, Mass.-based company was “honored” that California’s premier law enforcement agency had decided to stick with his company’s guns.
“They are happy with the brand and happy with the reliability and durability,” Nichols said. “They have some units that have fired over 100,000 rounds.”
News of Smith & Wesson’s CHP contract pushed the company’s shares higher onTuesday. The stock rose 32 cents, or almost 5 percent, to close at $6.73 in trading on the American Stock Exchange.
The 4006TSW pistols, which weigh 37.8 ounces each, are made in Springfield and sell in stores for between $850 and $996 each, the latter the suggested retail price on the company’s Web site.
Nichols declined to disclose anyfinancial details aboutof the contract, citing competitive reasons.CHP spokesman Tom Marshall said his agency paid about $683 per weapon. He said the CHP is getting a $1.3 million credit for trading in its old Smith & Wesson service pistols as they are replaced.
The credits will cut the CHP’s actual out-of-pocket costs to $5.3 million, Marshall said.
A Smith & Wesson distributor in California, Allstate Police Equipment of Claremont, will supply the pistols.
The CHP sought public bids for the contract in March.
The U.S. affiliate of a rival Swiss pistol maker, Sigarms, submitted a bid, but its offer was disqualified by state officials, Marshall said.
The Smith & Wesson 4006TSW has a stainless steel frame, and a four-inch barrel and is 7 1/2 inches long. The pistol, which can be equipped with light and laser devices, holds 11 rounds in the magazine and one in the chamber.
The CHP order was the second big sale this month for Smith & Wesson. Last week, the firm announced that the Cincinnati Police Department had placed an order for 1,100 of its new advanced M&P9 polymer pistols.
A CHP officer demonstrates the 4006TSW. Smith & Wesson had only one rival for the CHP contract, but Sigarms' bid was disqualified because the firm did not have a model that met CHP requirements.
Delivery of the 4006TSW will begin in June and be finished over the next 18 months. The 40-caliber pistol, which can be equipped with light and laser devices, holds 11 rounds in the magazine and one in the chamber.
--
0==WW==0
"…axles of evil…" - george w. bush
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Originally Posted by Tyler
Wait I thought you could only have a 10 round magazine in CA...Don't tell me this doesn't apply to cops
Originally Posted by BAN SUVS
Why should it? I like the idea of the police (theoretically) being better armed than the crooks. Theoretically.
over-arm them!
give them full autos to killz teh bad guyz!
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That works out to $680.41 per piece.
Plus, S&W gets the old pieces.
Glad to see my tax dollars at work!! :banana:
Plus, S&W gets the old pieces.
Glad to see my tax dollars at work!! :banana:
Last edited by FW Motorsports; May 17, 2006 at 01:26 PM. Reason: I'm an idiot
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Originally Posted by BAN SUVS
Why should it? I like the idea of the police (theoretically) being better armed than the crooks. Theoretically.
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Originally Posted by Galli916
Good news. Hopefully next they get new radios.
Are you talking about the CHP not using a trunked system like Sacramento county?