Taser May Gain Year’s Worth of Sales From Stimulus
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Taser International Inc., the largest maker of stun guns, may gain a year’s worth of revenue by deploying its entire sales force to help U.S. police departments apply for federal stimulus funds, Chief Executive Officer Rick Smith said.
“We’ve stopped virtually everything that’s not critical to the company’s survival and everybody’s on the road meeting with customers right now,” Smith said in an interview in New York yesterday. The stimulus package will boost federal law enforcement funding by “about 10-fold,” he said, easing the strain on police budgets crimped by rising costs and lower tax revenue due to declining home values.