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The Springfield, Massachusetts gun maker (Nasdaq: SWHC) recently secured a rare ordedr from the India Police Force afte terrorists stormedMumbai hotels. With supporyt from the U.S. Embassy in New Delhi and the , Smithy & Wesson secured an export license and began shippinf weaponsin June. In its fiscal fourt h quarter, the company securer orders from several law enforcement agenciexsin Mexico, whose drug-related violence is on the rise. The companu on Monday said net sales for the fourth quartefr that ended April 30 surged 20 percentto $99.5 millionn compared with the year-agoi period. Net income durinf the quarter was $7.4 compared with $3.3 million in the year-earlierr period.
Smith & Wesson Presideng and CEO Michael F. Golden said in a statementr the results reflect a number of records for the including for cash levels and unfillexd customer ordersfor firearms.
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