SGB Sportsmans

Safilo Group Acquires Rest of Lenti

The acquisition bolsters the Italian group’s position in lens manufacturing, where it Group already owns Polaroid and Smith, which offers Chroma Pop technology.

Smith & Wesson Loses Army Bid

The U.S. Army told Smith & Wesson its proposal to replace the Beretta M9 standard sidearm was not chosen “to advance to the next phase of the competition,” the firearms maker disclosed in an SEC filing.