Is Colt Doomed?

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Colt just didn't get with the program when they had the chance. They thought they had the AR15 and M4 Carbine wrapped-up and lost their market shares because of that.
They continue to overprice their products in a highly competitive market. They most likely will be purchased by a foreign company or merged into another company.
I agree and will generalize it further. They are a poorly managed company that relies on history and a static view the market to convince them of their strategy and tactics. It seems like there are/have been a number of historic U.S. firearms/weapons companies that exhibit the same behavior and have died, or nearly so as a result of their inaction and inability to innovate.
Here is a company that has an excellent brand, contracts and reputation and can't figure out how to go with the ebb and flow of the government and consumer markets. Pitiful.
I am hoping that the best thing to come out of this will be a bankruptcy filing, a reorganization and a purge of senior management who don't exhibit the skills to modernize and operate a company. I just hope it doesn't end up like Springfield who disappeared except for the trademark and moved to depend on manufacturing in central Europe.
Anyone think that the government will bail them out due to their historic dependency? If so, I hope the trade will be to get rid of the folks running the place.
B
 
inaction and inability to innovate.
Bah. What's wrong with a company that sticks with the products that they do best? Although I think that Colt could offer a couple extras (i.e., frontstrap checkering, stock nightsights) on some of their 1911s, given the price point, Colt 1911s are still pretty doggone good and the company does offer a fair variety. In long guns, what do we need from Colt aside from AR-15 variants? Colt does a great M-4 at a competitive price.

At least the company hasn't "innovated" to the point where its had to cheapen its products (more casting, more MIM) like many of the other manufacturers; at least the company doesn't have so many variations of its basic products that it becomes confusing and the catalog is rife with "options" that are merely cosmetic or otherwise meaningless. If by innovation you mean gimmickry such as many Taurus offerings, guns that come in different colors or shoot several different types of cartridges (Judge, Governor) yet are truly impractical for any application, Colt isn't your company.

Just a bit of Colt hate in this thread. If Colt is lacking in any area, it's marketing. Well, and also its failure to bring back those awesome wheelguns. Announcing Colt's demise is a bit premature, I think.
 
Colt has such a long history and heritage that it would be a shame for them to fold. But on the other hand I'd hate for them to live on in name only, their pony stamped on to inferior junk to move product.
 
I read another article sometime back about Colts' monetary troubles. It seems Colt has been in trouble off and on for a very long time. Seems to me that their 2 main sources of income (ARs and 1911s) is a very tight market.If DPMS, S&W and Ruger can all offer a decent AR for about $6-700 you better be able to do the same. That's just the AR market. Last time I saw a Colt 1911 the seller was asking $850+tax. There are a heck of a lot 1911s getting sold new for a lot less. If you can't at least bring one of your products down to average Joe pricing you may as well give up.
BTW...... Freedom Group no longer exists. It is now Remington Outdoor Company and will probably not be buying anything for awhile.
 
"Colt Defense LLC is seeking capital to stave off an “expected default” next month as gunmakers suffer from lower defense spending and as consumers purchase fewer firearms."
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I'm not an investment expert, but wouldn't investing in Colt at this point be similar to giving $5,000 to a guy who's $500,000 in debt? Just gonna lose that too, no?
 
If Colt is bought up I only hope the same thing happens as happened to Remlins, the price of the original Marlins doubled. The haters are really gonna be hating then.
 
I work for a company that has failed to adapt to a changing market and is having some very serious money troubles. One's name in the industry only goes so far! If you fail to come up with new ideas to meet the changing times, a company will slowly erode. Look at the revolver market right now, it is doing very well. In fact I just bought a Ruger Blackhawk 357 and for the price $549 you can't beat it. At the indoor range I shoot at I'm seeing a lot more people shooting wheel guns.

I have SA and Sig 1911's and have shot many others including Wilson Combat's. Would one with the "Colt" name be fun to own,yes it would. Just haven't felt the urge to plunk down the cash for it. Colt needs to figure out a way to pull in the average Joe into purchasing their products.

As in baseball, a grand slam home run is flashy and helps but base hits will win the games.
 
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Interesting and emotional for many as Colt represents so much history on modern firearms and American military history. There is a chasm ,however, between the companies stature in lore and its business practices. It is reminiscent, at least to me, of the Indian motorcycle situation. Their marketability and their name exist on totally different levels. Given the outright hostility towards the 2A and the current administrations bias, I wonder if the financial backing available to so many other foundering companies would be offered to Colt? It will be a strange prospect for the great equalizer, builder of the 1911,Detective Special,M-16 and a few other to be relegated to the extinct column....just my 2 cents
 
Colt has a storied and wonderful history..... of going bankrupt. The first time was in 1843! The famous name lives on even while the owners keep changing.
 
Their situation seems to have much in common with Harley Davidson's troubles a few years ago. Harley doesn't build the most cutting edge product either, but they have re-invented themselves and are very successful. The first step they took was a quality upgrade across their product line. Colt, from what I've seen, seems to have their quality under control, they need to listen to their consumer base and give them what they want (DA revolvers, perhaps a lower-cost line of SA revolvers, and a well-designed modern pistol). They put all their eggs in one basket, government contracts, and let their civilian products turn into a sideline business. Their name has good value in the market.

I would be in the "fan" camp, I own some Colts, and they are good guns. The 6920 is a great value in an M4 for what you get.
 
I'd hate to see Colt close shop and become a memory.
Yep this.

Even worse would be to see it go the way of name stays alive but new owners go the cheap and slap colt on poor quality items. Course colt already licenses their name on many garbage knives...so I guess it's halfway there already.
 
Out of a pretty good pile of quality guns I can only think of a half dozen or so that are branded Colts.
Colt missed the Cowboy SA, 1911, Big Bore Revolver, Small Pocket PD pistols and revolvers, and the polymers not to mention the AR craze and all of that market could have been established in their wheelhouse not to mention innovations in accessories for their product.
Lack of imagination, innovation and pure laziness is what killed them.
 
There are small things they could try. I do give them credit for bringing polymer frames to their .380's - seems like a decent CCW gun at a lower price. They could reintroduce the SP1 AR's and maybe offer them with a more realistic twist for the bullets we're shooting today. Even with lowered demand, the look of a vintage A1 with a 1-8 twist might gain some buyers, and they've already got the tooling and AR know-how. I don't know what the CAS market looks like right now, but a Colt will always be a Colt, so if they can get the SAA to a more reasonable "every man" price, I think they could sell them. Maybe also try investing in the equipment to produce .22LR. If there is anything in the shooting community that there's a shortage of, .22 ammo is it.

If they could just get far enough along with the stuff they already know how to make to get a little breathing space and room to experiment and innovate, they might be OK.
 
It might have been 2005 or so, but at Camp Perry I was pulling targets next to gentleman who ran “the” Chrysler Daimler Transmission plant. You would not believe the size of the budgets this guy managed, if I remember correctly, it cost $800 million dollars to seamlessly implement a parts change of 13% for one transmission. Anyway he had been offered the job of Production Manager at Colt. He got a plant tour, talked to a bunch of people and turned it down. He said the basic problem was the Owner of Colt who was sucking out all the money he could out of the Company and not putting anything back. He mentioned that the Owner’s wife was antigun, which is not helpful. Anyway the production facilities were antiquated. It was obvious, at the time, that the Army was married to Colt and as long as that marriage was extremely profitable for Colt, nothing was going to change at Colt. Well they got divorced and Colt has very little to offer the civilian market.

I will be sorry to see Colt go, but the owners of Colt has sold off so much, for example, cheapened the brand by selling the use of its name for cheap knives. A Colt branded knife is not necessarily a quality knife, and it is not worth paying the premium for the Colt name on products that are not guns. The problems at Colt are entirely due to management, just has the bad management of Eddie Lampert has destroyed Sears, while he and his hedge fund, sucked the financial blood from the chain.

The prospects for Sears and Colt do not look good in the New Year.

http://www.businessweek.com/article...-warring-divisions-model-adds-to-the-troubles

http://www.salon.com/2013/07/18/ayn_rand_killed_sears_partner/

http://theeconomiccollapseblog.com/archives/tag/sears
 
For so long this company had ignored its civilian market and completely bedded with government contracts, this is what happens when you're a one trick pony. Yes, pun intended. ;)

Heh, gonna keep it simple. What goes around comes around . . . :cool:
 
Bah. What's wrong with a company that sticks with the products that they do best?

Because new consumers have different needs and the wants and needs of existing consumers changes.

The needs of entry level shooters are often much different than experienced shooters. For new shooters simple is best until they learn the basic skills of shooting. The 1911 (God bless John Browning) is not generally considered to be a good choice for new shooters.

In long guns, what do we need from Colt aside from AR-15 variants? Colt does a great M-4 at a competitive price.

Well I have no need for a AR. I have one .223 carbine that I have shot once or twice. Basically the only reason I own it is for when things collapse. I do have needs and wants for pistol and rifle cartridge lever guns, bolt action rifle and shotguns.

If by innovation you mean gimmickry such as many Taurus offerings, guns that come in different colors or shoot several different types of cartridges (Judge, Governor) yet are truly impractical for any application, Colt isn't your company.

Your lack of desire and knowledge of these products do not make them “gimmickry” for others as well as your perception that they are “truly impractical for any application.”

For example the Judge and Governor have come a long way since they were first introduced. The 45 Colt was and still is a very effective self-defense round. It was THE MANSTOPPER until the .357 magnum was introduced in 1935.

There has been a lot of shotshell loads designed especially for use in these handguns. Youtube has a number of videos testing these guns and their effectiveness with shotshells

Many of us have multidimensional lives and have many needs and wants. The fact that my needs and wants are different than yours does not make me “gimmickry” or “totally impractical.”

Prairie rattlesnakes are a common species where I live and their bite is very toxic. In fact people in my area have died from their bite despite major medical hospitals nearby. In addition they post a threat to pets and livestock.
Shotshell loads in 22 and 38 are a joke. There isn't any way I am getting that close to a rattler. I have some homemade 45 Colt loads. Since I am going to pack a 45 Colt revolver it isn't much of a step up to a .410 with a lot more shot.

If Colt is lacking in any area, it's marketing. Well, and also its failure to bring back those awesome wheelguns.

Really now.

How about a broader selection of small semi-autos for conceal carry?

Voo Doo’s favorite the Colt 1903 / 1908 Models in .32 and .380 is a ideal candidate for reintroduction. Nice and flat for carry with a just enough size to make them easier to grip and shoot accurately.

How about small revolvers for conceal carry to compete with J-Frames from S&W, Taurus and Rossi?

How about filling the need for a 6 shot revolver built on a smaller frame and weight of the S&W K-Frame and Taurus?

The Colt Police Positive and Detective Special are slightly smaller and lighter in weight than the K-Frame. My wife absolutely loves her P.P.S.

How about revolvers meeting the needs of sportsmen and hunters? I have no idea how many people actually shoot .480 and .500 calibers revolvers but Ruger and S&W sell a bunch of them.

Colt could get a lot of new product ideas by simply visiting this forum.
 
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Nah, 3-trick Pony (SAA, 1911, M16), er, make that two...And no one's all that impressed by either, anymore.

TCB
 
"Bah. What's wrong with a company that sticks with the products that they do best?"
Even with its best two products, they are neither the best nore the best value; fate had it that their two lines became the most competitive arms market America had ever seen. I bet they dearly regret losing the SAA line after the fact, since there's at least fewer pirahnas nibbling there.

I thought the 1908 was reborn as a Browing of some model, BSA1?
 
They should own the AR, 1911, and SA market as well as have a big chunk of the aftermarket parts and pieces as well.
How could Colt sit and watch as companies like Kimber, Ruger, DPMS, Bushmaster, S&W and aftermarket parts like MagPul, Surefire, and all the various sighting options for the AR pattern. Some imagination and R&D at Colt could have put them at the top of the heap.
 
Voo Doo’s favorite the Colt 1903 / 1908 Models in .32 and .380 is a idea candidate for reintroduction.

+ on that BSA1! I'm in the market for a second 1903 (2 kids, only one 1903 to pass on) and would buy a new one if one were to be had.
 
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