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Colt Defense to File for Chapter 11 Bankruptcy Protection by Monday
06-14-2015, 10:17 PM
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Colt Defense to File for Chapter 11 Bankruptcy Protection by Monday
Gun maker struggled after loss of Army contract and missed filing deadline for annual report


Very sad this company went from making all men equal to this
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06-15-2015, 08:06 AM
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RE: Colt Defense to File for Chapter 11 Bankruptcy Protection by Monday
I believe they went bankrupt once before too... sometime in the 90's... They have always made quality products, but have had nothing but labor, debt and cost problems for decades. They need to move to a more business friendly state.

"An unarmed man can only flee from evil, and evil is not overcome by fleeing from it." -Col. Jeff Cooper
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