#ColtCompetition
Colt SUED for Half a Million Dollars over Expanse Production Cutbacks
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 was a breach of contract during the production of the Expanse Carbine. The suit follows Colt’s scaling back of a contract for the Colt Expanse, a budget priced Colt-branded carbine whose production was farmed out to Bold Ideas, also known as Colt Competition. Colt’s contract with Bold Ideas allowed them to scale back production of the rifles – originally set at 6,000 to be delivered each quarter – but required 60 days’ notice. According to a letter cited in the suit, which was filed at the end of June, Colt scaled back production to 2,400 units per quarter “immediately” in March.
Slide Fire Teams Up with Colt Competition on CRZ-16 Rifle
Slide Fire announced the company had teamed up with Colt Competition on a new CRZ-16 variant called the CRZ-16 Bump Fire Rifle. The new version of the gun, as you might expect, is equipped with a Slide Fire SSAR-15 MOD stock that allows the shooter to “…achieve simulated full-auto fire without compromising safety or accuracy.”