TASER Reports Orders for 1,300 Weapons

U.S. and foreign buyers place orders that could top $1.8 million for TASER products.

By Rich Smith – Feb 7, 2013 at 1:28PM EST

On Thursday, TASER (TASR +10.54%) announced that it has secured multiple contracts for sale of its TASER stun guns and replacement cartridges, all expected to ship in the first half of 2013.

The orders cover 955 TASER X26 conducted electrical weapons, as well as 409 units of the more expensive TASER X2 and X26P, and various consumable parts, which could add up to more than $1.8 million at list prices. TASER listed the following purchasers in its press release:

Richmond County Sheriff's Office in Georgia: 136 TASER X2s.
Tulsa Police Department in Oklahoma: 33 X2s.
Garfield County Sheriff's Office in Colorado: 30 X2s.
Sunnyvale (California) Department of Public Safety: 210 X26Ps.

Philadelphia Police Department: 225 X26s.
Unnamed U.S. federal law enforcement agency: 130 X26s.
Unspecified United Kingdom orders: 100 X26s
U.S. Army: 500 X26s.

Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”

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TASER Reports Orders for 1,300 Weapons

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