Heckler & Koch (Germany) In Dire Financial Straits
Germany newspaper Die Welt reports that Heckler & Koch (Germany) have more debts than they have assets and they have been unable to cover the cost of interest payments on their debts. Their debts are 7.2 million euroes greater than their assets.
As best as I can make out (technical articles don’t translate well with Google Translate), the companies debts have been restructured and new large military contracts will allow the company to begin reducing their debt levels, although it sounds like the company is a long way off giving its investors a decent return on their investments.
This situation is unlikely to have any effect on H&K-USA.
Many thanks to Philip for the tip.
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Interesting the catalog cover that shows the .45 rounds loaded in the magazine backwards is featured...
They should invest in the American market more. Plenty of folks would love to have gently neutered 416s rather than their ugly cousins made to obey both German and American regulations. There's still huge amounts of people that claim piston AR-15s are the greatest thing since sliced bread with butter on it, and that H&K's take on the concept is superior. People on the edge are generally put off by the corrosion-prone barrel/non-auto carrier.
I'm sure a good-sized niche of folks would love to have a pistol or long-barrel version of the MP7.