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NN Stock Climbs on Multi-Year Firearm Manufacturing Deal

A 6% surge in NN shares followed the company's announcement of a new contract to mass-produce firearms for a major U.S. supplier. The agreement, which marks a significant expansion for the manufacturer, sent the stock to $3.38, extending a rally that has nearly tripled its value since January.

By Money Talk·July 20, 2026·2 min read·1,633 reads

NN Stock Climbs on Multi-Year Firearm Manufacturing Deal

Production is slated to commence in the third quarter, with output scaling steadily through 2028. The firm anticipates this partnership will generate between $12 million and $15 million in additional annual sales. Chief Executive Harold Bevis attributed the deal to years of collaborative innovation between NN and the brand owner.

Given the intricate design of the new line, these units will command the highest price points in the company’s current portfolio. Each product is expected to retail between $200 and $500, reflecting the manufacturing complexity involved in the project.

NN Stock Climbs on Multi-Year Firearm Manufacturing Deal

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