Two labour unions have launched a legal challenge against Colt’s Manufacturing Co. for outsourcing manufacture of primary components and laying off workers. Amalgamated Local No. 376 and United Automobile, Aerospace and Agricultural Implement Workers of America [Read More…]
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…]
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…]
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