Colt is Going Under

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Saw on CNN today that Colt probably won't last another 30 days. Huge debts it can't pay. Kind of a shame for a piece of living history.
 


SDMF

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Well, they quit making revolvers, screwed the pooch multiple times on bolt action rifles, never had a shotgun worth a damn, and are now subject to a bajillion competitors in the AR and 1911 market. Doggone difficult to sell entry level AR's @ $1200 anymore.
 

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Agreed. They only have themselves to blame for not evolving. Still...
 

FishReaper

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It's sad but they did it to themselves. Lasted this long on government contracts. Their civilian market stuff has not been keeping up for a long time. I would love a 1911 that says colt on the side. But for the same money I can buy a far better gun. They didn't listen to the market. Seems it cost them.
 

Bed Wetter

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When you feed at the government tit you're signing your own death certificate. Same thing is happening with HK: ignore civilians and only pursue huge gov't contract, depend solely on name recognition. HK and Colt are now racing to see who can go bankrupt first.

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Oh ya, and Remington too. Ask them how they're doing with the ACR. Just this week they canned their top brass. And replaced them with other investment banker shitheads. G'bye old green.
 


FishReaper

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Remington quality has gone to shit. They might be able to turn around but they need to do it now
 

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