It looks like Colt is being bought up by CZ - 01/12/21
https://www.thetruthaboutguns.com/breaking-cz-in-late-stage-talks-to-acquire-colt/
Colt has been dead from the neck up for decades, maybe the Czechs can actually manage them AND make money at the same time. Imagine a company who can't make a profit during times of unprecedented demand, and you gotta wonder how they COULDN'T make a living at it.
While I have concerns about a major supplier to our military being owned by another country, overall, it's a minor part of the defense apparatus, really. Either way, it will be an interesting development.
Colt has been dead from the neck up for decades, maybe the Czechs can actually manage them AND make money at the same time. Imagine a company who can't make a profit during times of unprecedented demand, and you gotta wonder how they COULDN'T make a living at it.
While I have concerns about a major supplier to our military being owned by another country, overall, it's a minor part of the defense apparatus, really. Either way, it will be an interesting development.