To all our friends, fans, supporters and consumers of Charles Daly and by extension, KBI products, I regret to inform you that the rumors of our demise are true.

KBI is going out of business and closing its doors, effective today.

I don't want to go into each and every detail as to why this has occurred, except to say that there have been a multitude of events over the past five years that have contributed to our current situation.

For those of you with ongoing service requirements, please be advised that we are currently negotiating with several companies that will be performing after-sale service of Charles Daly, CD Defense and Jericho firearms. As soon as we have finalized a contract with one of these companies we will post the name, address and contact details of that company so you will know who to contact to obtain service on your KBI firearm.

Charles Daly Defense AR-15

I wonder if financial difficulties were the reason why negotiations with Bul, to sell what was supposed to be named the Charles Daly G4 1911, fell through. The pistol was recently brought to the market by Magnum Research and branded the Desert Eagle 1911.

From the companies' "About" page ...

The modern era of Charles Daly began in 1996 when K.B.I. Inc.'s president, Michael Kassnar acquired the brand. Kassnar and his family had been involved in importing firearms from around the globe for more than half a century and had actually been supplying Outdoor Sports Headquarters with Charles Daly products from 1976 to 1985.

In keeping with the Charles Daly tradition of selling custom crafted firearms, K.B.I. Inc., began importing Italian and Spanish over-and-under and side-by-side shotguns and marketing them under the Charles Daly name. The line expanded with the inclusion of Charles Daly 1911 pistols and took off with the addition of a line of semi-automatic and pump action shotguns.

[ Many thanks to James for emailing me the info. ]

The “Military-Tuff” Jericho 941 pistols are available in three calibers (9mm, 40S&W and .45ACP), three frame sizes (Full, Mid-size & Compact), in both Polymer and Steel frames. Standard Features include: ambidextrous de-cocking (firing pin block) safety; double/single action trigger function; combat style trigger guard; chrome-lined polygonal rifled barrels; under frame picatinny rail (except compact); low-profile combat style sights; two magazines & hard case. The Jericho’s time-tested, field-proven reliability and performance may be its best feature.

The pistol comes in three different sizes and chambered in 9mm, .40 S&W and .45 ACP. MSRP starts at $647 for the blue steel / polymer frame models to $749 for the chromed steel models.

The mid size steel / chromed model model

More info here.