Hartford gunmaker Colt’s Manufacturing has introduced a new carbine model at the 2017 Bahrain International Defence Exhibition & Conference (BIDEC). The weapon, called the M5 Enhanced Carbine, is an AR-15-style rifle fitted with Geissele Super Modular Rail [Read More…]
Colt’s Manufacturing is in hot water: A lawsuit filed in the District Connecticut court by finance company Prestige Capital is targeted at the gunmaker, with the aim of recouping half a million dollars plus legal fees and interest over what the plaintiff claims [Read More…]
Saw this photo online. However I am not sure about the provenance behind it. The very first AR15 sales ad ever, marketed to the public as a sporting and hunting rifle. Note this was before the military adopted the full auto version, the actual assault rifle, the M16. [Read More…]
Disclaimer: I don’t really speak financialese, and therefore would urge readers to double-check anything I’ve written on the subject. Don’t be afraid to correct me in the comments, either! Daniel Watters, the inimitable author of The 5.56 Timeline, has [Read More…]
The news stories about Colt’s have been piling up recently. I admit I am not as well-versed in financial-ese as I could be, which has made me hesitant to cover the subject. It’s a good thing, then, that Hognose of WeaponsMan has covered the ongoing saga of [Read More…]
Colt Defense got in hot water recently; there was some uncertainty over whether the manufacturer would default on its outstanding loans. The firm recently announced good news regarding their financial troubles, however, as they were able to secure a loan for $33 [Read More…]
Following right on the heels of Colt Defense narrowly avoiding default on its loans, Colt Defense announced it may miss its May 2015 high yield bond payment. Forbes reports: Colt Defense may not have sufficient cash or availability under its credit agreement to meet [Read More…]
Colt has announced the release and first order of the CK901 7.62×39 direct impingement AR-AK hybrid (not to be confused with the ARAK-21 from Faxon). The weapon systems has been ordered by the Yemeni Republican Guard as a replacement for their current AK-47 [Read More…]
Your Privacy Choices