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BOBK48 Member Joined: Jul 2002  CT, USA Posts: 1267 Feedback: 100% (4)

Posted: 2/2/2006 11:39:42 AM THE IMAGE ABOVE IS A PAID ADVERTISEMENT I copied this from the Outdoor Wire dated Feb 2nd. BUYING: Venerable firearms brand Colt's defense division has been sold to General Dynamics. The purchase preempts a public offering for that portion of the Colt company. The consumer portion of the bifurcated company (consumer/defense), is also being sold, with sources telling The Outdoor Wire the deal is "all-but-done". A total of eleven potential suitors were said to have been kicking the tires on the venerable brand. The winner may shock most of the firearms industry - as well as the other bidders. Well here you go. Those who thought Colt didn't give a S**T about civilian customers are right! Don't think GD sells anything on the civilian market. Colt commercial is also being sold. Wonder who is buying that division.

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TomHighway Member Joined: Apr 2005  TX, USA Posts: 430 Feedback: 100% (25) Link To This Post	Posted: 2/2/2006 11:44:15 AM Originally Posted By BOBK48: Colt commercial is also being sold. Wonder who is buying that division. I heard it was Bushmaster. You think that would make the Prozac consumption in the US go up a little? LOL!!!!!!!!!!!
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BOBK48 Member Joined: Jul 2002  CT, USA Posts: 1268 Feedback: 100% (4) Link To This Post	Posted: 2/2/2006 11:46:44 AM Bushmaster would be a good guess but I don't think so! Gee S&W said they will be making ARs. Well here goes another Connecticut business.
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gardenWeasel Member Joined: Feb 2001  CT, USA Posts: 3716 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 11:47:12 AM ¶
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-Duke-Nukem- You betta reck'anize! Team Member Joined: Jan 2001  MO, USA Posts: 5052 Feedback: 100% (18) Link To This Post	Posted: 2/2/2006 11:51:17 AM I'm buying Colt. I paid for it with embezzled student loan money. I hope mom doesn't find out.
	Your friendly neighborhood defense attorney/federally licensed small arms manufacturer. God bless America. User Info

BOBK48 Member Joined: Jul 2002  CT, USA Posts: 1269 Feedback: 100% (4) Link To This Post	Posted: 2/2/2006 11:52:21 AM I would have thought there would be more replies about this Colt story. We have Colt lovers and haters on this forum! Whatca think?
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SS109 H&K, All the Way! Team Member Joined: Feb 2001  CO, USA Posts: 10049 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 11:54:14 AM I wonder how much Colt Commercial would cost? Group buy?
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BOBK48 Member Joined: Jul 2002  CT, USA Posts: 1271 Feedback: 100% (4) Link To This Post	Posted: 2/2/2006 11:57:52 AM Can you imagine if Ruger or Remington bought Colt Commercial.
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bloodmoon Member Joined: Jun 2005  FL, USA Posts: 739 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 11:58:52 AM [Last Edit: 2/2/2006 11:59:24 AM by bloodmoon] So what does this mean exactly. Does this mean we might see unneutered new civilian M4s and AR15s made to colt specs.
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bloodmoon Member Joined: Jun 2005  FL, USA Posts: 740 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 11:59:54 AM Is this a good thing or a bad thing
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BOBK48 Member Joined: Jul 2002  CT, USA Posts: 1273 Feedback: 100% (4) Link To This Post	Posted: 2/2/2006 12:08:30 PM Good thing or bad. Wouls knows at this point. Maybe Colt commerical will start making revolvers again and non politically correct Match Targets.
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markl32 Member Joined: Apr 2001  OR, USA Posts: 3126 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 12:14:12 PM I look no further than the "proudly sponsored by:" section at the top of each page for my AR rifle and rifle component needs.
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mr_camera_man I'm a lumberjack, and I'm OK! Team Member Joined: Jan 2002  IL, USA Posts: 1778 Feedback: 100% (8) Link To This Post

Posted: 2/2/2006 12:18:13 PM Originally Posted By TomHighway: Originally Posted By BOBK48: Colt commercial is also being sold. Wonder who is buying that division. I heard it was Bushmaster. You think that would make the Prozac consumption in the US go up a little? LOL!!!!!!!!!!! Attention Colt Commercial buyer: Please, please, please start making the .380's, Pocket Nine, and D-frame revolvers again. That is all.

"Send lawyers, guns and money... the shit has hit the fan." -Warren Zevon User Info

happycynic Member Team Member Joined: Oct 2004  TX, USA Posts: 2774 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 12:20:46 PM I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does.
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199 Team Member Team Member Joined: Jun 2001  VA, USA Posts: 4597 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 12:52:19 PM Frankly, if you get rid of the Defense Division it doesn’t strike me there’s much left. I’m also wondering if there’s tooling for making M16/AR’s both in the Defense Division and the commercial side. And I’m wondering where LE sales is going. I wouldn’t be surprised to see the Colt name moving to Texas, or – even slightly worse ()– being stamped on firearms made in Mexico.

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purplecheese Gober Dober Team Member Joined: Jun 2004  TX, USA Posts: 3021 Feedback: 100% (19) Link To This Post	Posted: 2/2/2006 12:54:46 PM Originally Posted By 199: I wouldn’t be surprised to see the Colt name moving to Texas, or – even slightly worse ()– being stamped on firearms made in Mexico. Maybe the quality will go back up... IT"S A JOKE!
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Max_Mike Member Joined: Mar 2002  TN, USA Posts: 9737 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 12:57:44 PM [Last Edit: 2/2/2006 1:00:00 PM by Max_Mike] Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker.

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ElevenO Member Joined: Aug 2002  GA, USA Posts: 185 Feedback: 100% (1) Link To This Post	Posted: 2/2/2006 1:00:47 PM I wish some enterprising AMERICAN OWNED COMPANY would buy winchester, as well.
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Austrian Team Member Team Member Joined: Oct 2001  USA Posts: 627 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 1:00:51 PM I seriously doubt this is true. Makes no business sense for GD.
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npd233 Inmate #36455 Team Member Joined: Mar 2003  IL, USA Posts: 6746 Feedback: 100% (10) Link To This Post	Posted: 2/2/2006 1:05:37 PM They bought them again?
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ARDOC Cat Doctor Team Member Joined: Mar 2001  USA Posts: 12179 Feedback: 100% (5) Link To This Post	Posted: 2/2/2006 1:10:45 PM I thought Toad was buying COLT or was that HK.
	I see you're a graduate of the "jrzy school of interpersonal relations". DScott You should really stick to advice about staying inside the lines on your coloring book. Drjarh User Info

gardenWeasel Member Joined: Feb 2001  CT, USA Posts: 3719 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 1:12:29 PM Originally Posted By BOBK48: I would have thought there would be more replies about this Colt story. We have Colt lovers and haters on this forum! Whatca think? We also have (I'm not kidding) firearms forums www.ar15.com/forums/topic.html?b=2&f=29&t=149397
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_DR Firearm Cleanliness Stickler Team Member Joined: May 2003  TX, USA Posts: 10041 Feedback: 100% (11) Link To This Post

Posted: 2/2/2006 1:28:03 PM [Last Edit: 2/2/2006 1:42:34 PM by _DR] I read that GD is purchased Saco Defense Corp., a subsidiary of Colt Defense, in May 2000. Have NOT heard that they are now buying Colt Defense itself. This would be all over defense Industry news. How come I can't find anything on it? I will believe this when I see it reported by a signficant defense news outlet, "outdoor Wire" is not one of those. If www.defenseindustrydaily.com and www.defensenews.com doesn't report it, I doubt the veracity of this story. They usually report any new defense aquisition as soon as it is confirmed. It could be true, but I have seen no real evidence yet so i'm not going to go out and put a bunch of LE6920 carbines on my credit card just yet.

Only two things are infinite, the universe and human stupidity, and I'm not sure about the universe. - Albert Einstein User Info

fook Team Member Team Member Joined: Nov 2002  TX, USA Posts: 1075 Feedback: 100% (12) Link To This Post	Posted: 2/2/2006 2:06:47 PM Does this mean the state of Conn. is out the door? If so, GOOD!
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JBowles MCUzi is my hero Team Member Joined: Apr 2004  MO, USA Posts: 3044 Feedback: 100% (4) Link To This Post	Posted: 2/2/2006 2:13:36 PM Originally Posted By TomHighway: Originally Posted By BOBK48: Colt commercial is also being sold. Wonder who is buying that division. I heard it was Bushmaster. I heard Bushmaster was going up for sell.
	You may find me one day dead in a ditch somewhere. But by God, you'll find me in a pile of brass- Tpr. M. Padgett User Info

Alien The chestbursting kind... not the illegal kind. Team Member Joined: Jun 2002  AZ, USA Posts: 4652 Feedback: 100% (8) Link To This Post	Posted: 2/2/2006 2:15:27 PM Originally Posted By Austrian: I seriously doubt this is true. Makes no business sense for GD. They own the rights to the XM8. Perhaps they want to start actually making them?
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falaholic1 Member Joined: Jun 2005  TX, USA Posts: 1150 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 2:15:57 PM I like heard stuff, and stuff.
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petagunner soggy state of mind Team Member Joined: Jul 2004  OR, USA Posts: 3011 Feedback: 100% (36) Link To This Post	Posted: 2/2/2006 2:22:17 PM Who cares. Everyone and everything is for sale for the right price. As for Bushy buying them, no better way to get rid of your competition than buying them out.
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KlubMarcus The Skipper Team Member Joined: Aug 2005  VA, USA Posts: 3989 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 2:28:21 PM So does GD want to make a ton of money selling AR-15's to the world civilian market with full-auto and burst settings?
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bcw107 Member Joined: May 2002  TX, USA Posts: 418 Feedback: 100% (37) Link To This Post	Posted: 2/2/2006 2:32:38 PM That's amazing! www.ar15.com/forums/topic.html?b=3&f=118&t=266161
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Garand_Shooter ARFCOM Maintenance Officer Team Member Joined: Nov 2000  AFG Posts: 7042 Feedback: 100% (62) Link To This Post	Posted: 2/2/2006 2:35:25 PM Originally Posted By Austrian: I seriously doubt this is true. Makes no business sense for GD. GD has been buying up a lot of folks lately. Anteon just recently. They seem to be getting more into the ground warfare side of things in a very diversified fashion by buying out a whole lot of companies.
	If logistics was easy they would call it tactics! User Info

Austrian Team Member Team Member Joined: Oct 2001  USA Posts: 628 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 2:46:45 PM Originally Posted By Garand_Shooter: Originally Posted By Austrian: I seriously doubt this is true. Makes no business sense for GD. GD has been buying up a lot of folks lately. Anteon just recently. They seem to be getting more into the ground warfare side of things in a very diversified fashion by buying out a whole lot of companies. Betcha a gold membership?
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Phil_A_Steen Posing a clear and present danger to propane tanks Team Member Joined: Dec 2001  NY, USA Posts: 7129 Feedback: 100% (9) Link To This Post	Posted: 2/2/2006 2:47:20 PM Hey Garand_Shooter, I'll take that action too if you're willing to offer it.
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npd233 Inmate #36455 Team Member Joined: Mar 2003  IL, USA Posts: 6748 Feedback: 100% (10) Link To This Post	Posted: 2/2/2006 2:48:16 PM Originally Posted By bcw107: That's amazing! www.ar15.com/forums/topic.html?b=3&f=118&t=266161 www.ar15.com/forums/topic.html?b=2&f=29&t=149397
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Austrian Team Member Team Member Joined: Oct 2001  USA Posts: 629 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 3:30:45 PM - crickets -
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Garand_Shooter ARFCOM Maintenance Officer Team Member Joined: Nov 2000  AFG Posts: 7043 Feedback: 100% (62) Link To This Post

Posted: 2/2/2006 3:36:28 PM [Last Edit: 2/2/2006 3:37:13 PM by Garand_Shooter] Originally Posted By Austrian: Originally Posted By Garand_Shooter: Originally Posted By Austrian: I seriously doubt this is true. Makes no business sense for GD. GD has been buying up a lot of folks lately. Anteon just recently. They seem to be getting more into the ground warfare side of things in a very diversified fashion by buying out a whole lot of companies. Betcha a gold membership? Im not that sure, I just know they have been aquiring a whole lot of other companies as of late so this does not strike me as odd. But then again my biggest interaction with GD for the last year has been telling thier FSR's in a new way every day how one of thier products needs to be improved or bitching about them not getting me parts or usable manuals.

If logistics was easy they would call it tactics! User Info

Austrian Team Member Team Member Joined: Oct 2001  USA Posts: 630 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 4:18:05 PM Originally Posted By Garand_Shooter: Originally Posted By Austrian: Originally Posted By Garand_Shooter: Originally Posted By Austrian: I seriously doubt this is true. Makes no business sense for GD. GD has been buying up a lot of folks lately. Anteon just recently. They seem to be getting more into the ground warfare side of things in a very diversified fashion by buying out a whole lot of companies. Betcha a gold membership? Im not that sure I am. :)

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LARRYG USN 1969-1973 Team Member Joined: Feb 2001  GA, USA Posts: 15589 Feedback: 100% (17) Link To This Post

Posted: 2/2/2006 4:29:45 PM Originally Posted By Max_Mike: Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker. Did you guys read the story? The consumer/general public side is being sold seperately.

If it's a Colt, it's a copy of an original ArmaLite. Run for it??? Runnin's not a plan. No, runnin's what you do when a plan fails. I am not LARRYG36. AND DON'T YOU FORGET IT!!!!! User Info

LARRYG USN 1969-1973 Team Member Joined: Feb 2001  GA, USA Posts: 15590 Feedback: 100% (17) Link To This Post	Posted: 2/2/2006 4:31:13 PM [Last Edit: 2/2/2006 4:34:46 PM by LARRYG] .
	If it's a Colt, it's a copy of an original ArmaLite. Run for it??? Runnin's not a plan. No, runnin's what you do when a plan fails. I am not LARRYG36. AND DON'T YOU FORGET IT!!!!! User Info

Dilbert_556 Member Team Member Joined: Mar 2003  IL, USA Posts: 2505 Feedback: 100% (1) Link To This Post	Posted: 2/2/2006 4:36:05 PM tag
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happycynic Member Team Member Joined: Oct 2004  TX, USA Posts: 2778 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 4:41:45 PM Originally Posted By LARRYG: Originally Posted By Max_Mike: Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker. Did you guys read the story? The consumer/general public side is being sold seperately. Yes, but I believe that the LE rifles are made by Colt Defense.

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LARRYG USN 1969-1973 Team Member Joined: Feb 2001  GA, USA Posts: 15593 Feedback: 100% (17) Link To This Post

Posted: 2/2/2006 4:51:10 PM Originally Posted By happycynic: Originally Posted By LARRYG: Originally Posted By Max_Mike: Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker. Did you guys read the story? The consumer/general public side is being sold seperately. Yes, but I believe that the LE rifles are made by Colt Defense. What has that to do with the consumer division being sold seperately? Actually, if GD does sell to LE, they ARE selling to civilians.

If it's a Colt, it's a copy of an original ArmaLite. Run for it??? Runnin's not a plan. No, runnin's what you do when a plan fails. I am not LARRYG36. AND DON'T YOU FORGET IT!!!!! User Info

happycynic Member Team Member Joined: Oct 2004  TX, USA Posts: 2779 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 4:58:05 PM Originally Posted By LARRYG: Originally Posted By happycynic: Originally Posted By LARRYG: Originally Posted By Max_Mike: Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker. Did you guys read the story? The consumer/general public side is being sold seperately. Yes, but I believe that the LE rifles are made by Colt Defense. What has that to do with the consumer division being sold seperately? Actually, if GD does sell to LE, they ARE selling to civilians. My point was that Colt, as a relatively small company, has always been at the mercy of .gov because the lions share of its work was the M4 contract. Now, GD obviously has strong ties to .gov as well, but .gov needs them far more than they need any single small arms manufacturer. I hope this means that GD will take a more liberal/less PC attitude with regards to sale of LEO models to everyone. There is a huge market out there for Colt LE rifles, and GD may be less timid in entering that market than Colt was.

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Phil_A_Steen Posing a clear and present danger to propane tanks Team Member Joined: Dec 2001  NY, USA Posts: 7131 Feedback: 100% (9) Link To This Post	Posted: 2/2/2006 5:41:33 PM The market cap of GD is over $23 billion. Do you think the relatively small amount of money it would make selling EBRs to the masses is worth it for them? GD has no stomach for the perception that it sells evil assault weapons to civilians.
	Some people like seven grain bread . . . I like 55 grain lead. User Info

happycynic Member Team Member Joined: Oct 2004  TX, USA Posts: 2781 Feedback: 0% (0) Link To This Post

Posted: 2/2/2006 6:12:34 PM Originally Posted By Phil_A_Steen: The market cap of GD is over $23 billion. Do you think the relatively small amount of money it would make selling EBRs to the masses is worth it for them? GD has no stomach for the perception that it sells evil assault weapons to civilians. Yeah, but they're going to want each division to be profitable. Otherwise, they wouldn't have bought it. More aggresive marketing of Colt LE rifles is easy money.

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gus Stamp Collector Team Member Joined: Feb 2001  PA, USA Posts: 12609 Feedback: 100% (70) Link To This Post	Posted: 2/2/2006 6:15:38 PM Ares is buying them. New models will be forthcoming next year. Swear to god. You can send a deposit if you like...
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MonkeyGrip Team Member Team Member Joined: Oct 2001  WA, USA Posts: 1023 Feedback: 100% (1) Link To This Post

Posted: 2/2/2006 6:29:12 PM [Last Edit: 2/2/2006 6:43:00 PM by MonkeyGrip] Interesting rumor: michaelbane.blogspot.com/2006/02/colt-sold-industry-roiling-before-shot.html Not about GD but about commercial Colt. I'm mostly interested in their handguns. According to the above rumor blog thing, the impacts could potentially be significant on their pistol production. I'd like to see the possiblities and likelyhood discussed more. Unfortunately where I'd like to see it discussed (1911forum.com, because they seem to get better info, e.g. one guy just toured Colt and the Colt Marketing Director posts there) but a JBT mod named dsk keeps locking all related posts 'cause he doesn't want to believe it.

But then again, I just need to get my post count up. User Info

_DR Firearm Cleanliness Stickler Team Member Joined: May 2003  TX, USA Posts: 10044 Feedback: 100% (11) Link To This Post

Posted: 2/2/2006 6:58:21 PM Originally Posted By happycynic: Originally Posted By LARRYG: Originally Posted By happycynic: Originally Posted By LARRYG: Originally Posted By Max_Mike: Originally Posted By happycynic: I suspect that GD has enough clout to tell .gov to kiss-off on sales to civilians. Its one of those "when you owe the bank a lot, you own the bank" type deals. .gov can't exactly replace GD, as it is one of the few companies that can do what it does. That strikes me as wishful thinking. It is far more likely GD will not want to be bothered with civilian sales and the Colt name will be sold off for someone else to use in the civilian market. My guess is Colt other than name only is effectively dead as a civilian maker. Did you guys read the story? The consumer/general public side is being sold seperately. Yes, but I believe that the LE rifles are made by Colt Defense. What has that to do with the consumer division being sold seperately? Actually, if GD does sell to LE, they ARE selling to civilians. My point was that Colt, as a relatively small company, has always been at the mercy of .gov because the lions share of its work was the M4 contract. Now, GD obviously has strong ties to .gov as well, but .gov needs them far more than they need any single small arms manufacturer. I hope this means that GD will take a more liberal/less PC attitude with regards to sale of LEO models to everyone. There is a huge market out there for Colt LE rifles, and GD may be less timid in entering that market than Colt was. Name me ONE product the General Dynamics sell to the public.

Only two things are infinite, the universe and human stupidity, and I'm not sure about the universe. - Albert Einstein User Info

happycynic Member Team Member Joined: Oct 2004  TX, USA Posts: 2782 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 7:03:15 PM Originally Posted By _DR: Name me ONE product the General Dynamics sell to the public. Do you think they are just going to terminate their profitable LE line?
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-Duke-Nukem- You betta reck'anize! Team Member Joined: Jan 2001  MO, USA Posts: 5057 Feedback: 100% (18) Link To This Post	Posted: 2/2/2006 7:11:06 PM Originally Posted By happycynic: Originally Posted By _DR: Name me ONE product the General Dynamics sell to the public. Do you think they are just going to terminate their profitable LE line? He said the public, not LE. If you think LE is public, please tell me where I can pick up my G36 .
	Your friendly neighborhood defense attorney/federally licensed small arms manufacturer. God bless America. User Info

Silesius Member Joined: Dec 2004  USA Posts: 2644 Feedback: 0% (0) Link To This Post	Posted: 2/2/2006 7:14:02 PM Colt sux.
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