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11 Responses to “Colt to default on loans”

1. Mike V. Says:
   November 14th, 2014 at 9:16 pm

   This is the 2nd time they will have gone under. Wonder if they have a 3rd chance left.

2. Glenn Says:
   November 14th, 2014 at 10:50 pm

   Bad parenting and government contracts.

   I bet GE is getting paid regularly on their contracts.

3. Cargosquid Says:
   November 14th, 2014 at 11:29 pm

   Just think how much money they’d have if they had concentrated on the civilian market instead.

4. 6Kings Says:
   November 15th, 2014 at 9:03 am

   As Cargosquid and Glenn mentioned, living of the government and not attending to the market means you are going to be in trouble. Just think how much money they would have if they actually innovated. They have been riding their reputation way too long.

5. Heath J Says:
   November 15th, 2014 at 9:26 am

   Trading on their name for way too long.

   Colt hasn’t made anything I want to own since the 70’s.

6. Cemetery's Gun Blob Says:
   November 15th, 2014 at 10:20 am

   ‘delays in payment for government contracts’….well there ya go.

7. KM Says:
   November 15th, 2014 at 1:22 pm

   Colt’s is having financial trouble after the biggest 6 year gun buying frenzy ever seen?
   Wow…that’s some great management quality on display.

8. Will Says:
   November 16th, 2014 at 5:55 am

   KM: They lost money during WW2.
   They are consistent. Seems management always came from the same mold. Now there is something that Colt should have broken a lonnggg time ago…

9. Cargosquid Says:
   November 16th, 2014 at 2:57 pm

   I wonder if the opposite is true. If Colt lost money by concentrating on gov’t contracts, what would be the profit margin if all gun companies IGNORED government contracts?

   Imagine the butt hurt if CA, NY, NJ, and other similar states could not get contracts for LEO. Or ammo.

10. Sneaky Says:
    November 16th, 2014 at 3:13 pm

    Hmmm overpriced,ar platform that doesn’t fit together with others without adapters,not much choices to choose from and focused on one avenue of main revenue (military)..survival of the fittest …what’s so great bout colt anyways besides the woodsman and the Python …which can’t be made to same quality anyways because of price point …bye bye colt

11. HSR47 Says:
    November 17th, 2014 at 10:33 pm

    The problem with Colt is that they aren’t making what people want.

    Series 70 1911 pistols, and more factory short-barreled rifles, not to mention revolvers that spin the right way, are about the only things they make that I want.

Remember, I do this to entertain me, not you.

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