http://michaelbane.blogspot.com/
Colt Sold! Industry Roiling Before SHOT...
Hartford's Rampant Colt is going to a new home — actually new homes — ending years of speculation on when the sad little horse was going to just keel over and die.
Brother Jim Shepherd at The Outdoor Wire is reporting this AM that the defense side of the bifurcated company, which had been making noises abut going public, has been sold to General Dynamics, and that an announcement of the sale of the commercial side is moments away...and, according to Shepherd, a shocker.
Again according to Shepherd, 11 firearms companys have been circling around the crippled pony, No doubt the sale of the defense side of the business was accelerated by the recent military contract for M4 carbines, which surprised the industry.
A couple of quick thoughts before I start working the phones...
• Colt represents a staggering treasure chest of intellectual property. It's one heck of a list: 1911 Government Model, AR-15, Python, Detective Special, Single Action Army. Each of these honest-to-goodness legendary firearms were the Gold Standard in their respective niches.
• My little cherubs and seraphim tell me Colt has a new plastic pistol in the back room, ready to throw into the new military trials. Maybe; maybe not. But if that particular piece of gossip is true, it certainly boosts Colt's bargaining position.
• No doubt potential suitors are watching S&W's numbers on their revived revolver line. A relaunch of the Python, the Dick Special and probably the .44 Magnum Anaconda from the Colt line makes you an instant player. Or, suppose you're S&W...
• What would the Rampant Colt logo mean for a manufacturer of SAA clones? Or to a manufacturer of 1911 clones? One never knows, does one?
Lotsa variables here...more as info becomes available...
Colt Sold! Industry Roiling Before SHOT...
Hartford's Rampant Colt is going to a new home — actually new homes — ending years of speculation on when the sad little horse was going to just keel over and die.
Brother Jim Shepherd at The Outdoor Wire is reporting this AM that the defense side of the bifurcated company, which had been making noises abut going public, has been sold to General Dynamics, and that an announcement of the sale of the commercial side is moments away...and, according to Shepherd, a shocker.
Again according to Shepherd, 11 firearms companys have been circling around the crippled pony, No doubt the sale of the defense side of the business was accelerated by the recent military contract for M4 carbines, which surprised the industry.
A couple of quick thoughts before I start working the phones...
• Colt represents a staggering treasure chest of intellectual property. It's one heck of a list: 1911 Government Model, AR-15, Python, Detective Special, Single Action Army. Each of these honest-to-goodness legendary firearms were the Gold Standard in their respective niches.
• My little cherubs and seraphim tell me Colt has a new plastic pistol in the back room, ready to throw into the new military trials. Maybe; maybe not. But if that particular piece of gossip is true, it certainly boosts Colt's bargaining position.
• No doubt potential suitors are watching S&W's numbers on their revived revolver line. A relaunch of the Python, the Dick Special and probably the .44 Magnum Anaconda from the Colt line makes you an instant player. Or, suppose you're S&W...
• What would the Rampant Colt logo mean for a manufacturer of SAA clones? Or to a manufacturer of 1911 clones? One never knows, does one?
Lotsa variables here...more as info becomes available...