Research Desk Line-up: AAR Corp. Post Earnings Coverage
LONDON, UK / ACCESSWIRE / September 25, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Axon Enterprise, Inc. (NASDAQ: AAXN) ("Axon"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/'symbol=AAXN. The Company announced on September 22, 2017, that it has received orders for 8,398 of its TASER X26P and TASER X2 Smart Weapons. These orders are likely to ship in Q3 2017. For immediate access to our complimentary reports, including today's coverage, register for free now at:
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Discover more of our free reports coverage from other companies within the Aerospace/Defense Products & Services industry. Pro-TD has currently selected AAR Corp. (NYSE: AIR) for due-diligence and potential coverage as the Company reported on September 19, 2017, its financial results for Q1 FY18. Tune in to our site to register for a free membership, and be among the early birds that get our report on AAR Corp. when we publish it.
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Axon Dedicated to Develop Technology that Makes World a Safer Place
Rick Smith, Chief Executive Officer and Co-Founder of Axon, expressed that the Company is dedicated to developing technology that makes the world a safer place. Axon's mission is to make a TASER CEW available to every officer, so they have the best options available to avoid injury or death. Smith further added that when the Company built the TASER Smart Weapon, its engineers had three thoughts in mind: (i) safety, (ii) accountability, and (iii) performance.
Other Orders of TASER X26P and TASER X2 Received in 2017
- On July 05, 2017, the Company received multiple domestic and international orders for its TASER X26P and TASER X2 Smart Weapons from California Highway Patrol, and few other local orders.
- On February 02, 2017, Axon announced the purchase of an order for 1,345 TASER X26 Smart Weapons for the US Air Force, received through its exclusive sole source distributor, AARDVARK.
- On January 30, 2017, the Company received an order for 800 TASER X2 Smart Weapons for all patrol members of the Georgia Department of Public Safety.
- On January 17, 2017, the Company announced the receipt of an order for 930 TASER X26P Smart Weapons for New South Wales Police; 800 X26s for the Queensland Police Service; and 855 TASER X2 Smart Weapons for the New Zealand Police.
About TASER X26P
The TASER X26P is a Police-Grade Shooting Stun Gun with built-in LED flashlight and laser, offering the highest take-down power available, and is a strong addition to any civilian self-protection plan.
About TASER X2
The TASER X2 Defender is one of the less-lethal conducted electrical weapon (CEW) models that is used by law enforcement agencies and by civilians as a use for self-defense. It was created by TASER International, Inc. in 2011. The X2 Defender, unlike previous CEWs, can shoot two cartridges and is semi-automatic.
About TASER 60
The TASER 60 is a new 5-year annual payment plan that integrates warranty coverage for an agency's current TASER Smart Weapons, as well as on-site spares so officers experience zero downtime. The yearly payment plan allows for reliable budget line items during a 5-year period and is available with various coverage.
About Axon Enterprise, Inc.
Founded in 1993, Axon (formerly known as TASER International, Inc.) protects life with a network of connected public safety technologies. The Company continues to protect life with a growing suite of connected devices and apps, from TASER smart weapons to body cameras, digital evidence management tools, records management systems, in-car video solutions, artificial intelligence automation, training, and mobile apps. Axon is headquartered in Scottsdale, Arizona.
Last Close Stock Review
On Friday, September 22, 2017, the stock closed the trading session at $22.65, marginally down 0.66% from its previous closing price of $22.80. A total volume of 284.28 thousand shares have exchanged hands. Axon Enterprise's stock price advanced 4.67% in the last one month and 0.67% in the past six months. The stock is trading at a PE ratio of 71.00 and currently has a market cap of $1.21 billion.
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