Taurus Armas S.A.
9.87
BRL
-0.33
(-3.24%)
Taurus Armas S.A.
B3:TASA4
(B3)
Recent
price
9.87
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yld
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ROIC.AI
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- Business
- Taurus Armas S.A. Taurus Armas S.A. (TASA3.SA), formerly Forjas Taurus S.A., manufactures and sells firearms and related defense products as a leading Brazilian defense company headquartered in São Leopoldo, Rio Grande do Sul, and founded in 1939. The company operates through Firearms, Helmets, and Others segments, producing a comprehensive range of handguns including steel-frame and polymer-frame pistols such as the PT92, PT1911, G3 series, GX4, TH series, Millennium series, and TCP models; revolvers across small, compact, medium, and large frames like the Model 85, 856, 327, 605, 608, Raging Bull, Tracker, and Judge series; long guns encompassing rifles, carbines, submachine guns, and shotguns such as the ART556, CT G2, T4, SMT, and ST12; tactical weapons including machine guns and grenade launchers like the LT38SA; as well as helmets, body armor, goggles, plastic injected products, custom metal pieces, and Metal Injection Molding components for automotive, electronics, and oil industries, marketed under Taurus, Rossi, and Heritage brands. Taurus Armas serves civilian, law enforcement, and military customers in Brazil, North America, and internationally through manufacturing plants in Rio Grande do Sul, Paraná, Bahia, and the United States, with its U.S. subsidiary Taurus USA relocating in 2019 from Miami, Florida, to Bainbridge, Georgia, to expand production capabilities. Recent developments include a 2024 joint venture with Jindal Defence Systems in India, establishing a firearms manufacturing facility in Hisar for rifles, carbines, submachine guns, machine pistols, and revolvers, securing a contract to supply 550 T9 submachine guns to the Indian Army; reported license agreements for production in Egypt; and ongoing strategic expansions in Latin America alongside its Transformation Plan to enhance defense sector offerings.