NEW YORK (TheStreet) -- Shares of TASER International Inc. (TASR) are climbing by 2.73% to $24.81 in late morning trading on Friday, as the maker of electronic control devices designed for law enforcement, military, and related markets, continues its gains following yesterday's order announcement.
On Thursday, TASER International announced "multiple large orders" of its AOXN body worn video cameras and EVIDENCE.com solution, which are expected to ship in the 2014 fourth quarter.
Earlier this week, TASER International stock soared after President Obama requested funding to equip law enforcement with body cameras and to aid in new training for police, in the wake of the unrest that followed a Ferguson MO grand jury decision not to indict a police office in the shooting of an unarmed teenager.
Must Read: Warren Buffett's 25 Favorite Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
The interest in police wearing body cameras and the unrest is likely to continue, as protestors are now angered over a New York City grand jury decision not to indict a NYPD officer, for the death of a Staten Island man.
"We continue to see strong interest in our AXON body cameras and believe President Obama's proposal for new funding for body cameras this week is a step in the right direction to helping improve relations between police officers and communities," TASER CEO Rick Smith said.