Smith & Wesson M&P15 Smith & Wesson M&P15 The Smith & Wesson M&P15 is an AR-15 style semi-automatic rifle by gun manufacturer Smith & Wesson. Introduced in 2006, the firearm is designed for police and consumer markets. "M&P" stands for "Military & Police" and is used to pay homage to the Smith & Wesson .38 Military & Police revolver. According to the company, the .38 Military & Police, now known as the Model 10 revolver, has been in continuous production since 1899, and over six million units have been produced." The M&P15 was introduced at the 2006 SHOT Show in two varieties: the M&P15
Smith & Wesson bought Crimson Trace, a laser-sight manufacturer, for $95 million and Taylor Brands, a tool and knife maker, for $85 million. In November of that same year the company bought UST Brands, a survival equipment maker, for $32.3 million. On November 7, 2016, Smith & Wesson announced that it would be changing the name of its holding company to American Outdoor Brands Corporation. In 2017 Smith & Wesson saw a severe contraction in its sales as units shipped to distributors and retailers declined 38.3%. The company was forced to lay off one-fourth of its manufacturing workforce. The company has come under