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Gun Manufacturers Earn Over $1 Billion from Assault Sales

The five largest U.S. firearms manufacturers collectively generated over $1 billion in revenue from military-style assault weapon sales between 2012 and 2021, according to a recent report by a U.S. House committee. The report highlights that these companies, including Smith & Wesson and Ruger, produce the very rifles often used in mass shootings, drawing intense scrutiny from lawmakers amid growing gun violence concerns.

As California lawmakers seek to impose stricter regulations on concealed carry following a Supreme Court ruling, the report outlines alarming marketing tactics used by gun manufacturers that target young men, suggesting that these weapons can enhance masculinity. With the gun industry witnessing a surge in profits after tragic mass shootings—such as the Uvalde incident where a Daniel Defense rifle was used—questions about corporate responsibility and public safety remain at the forefront of the debate.

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