Colt Defense to file for chapter 11 bankruptcy protection by Monday

[C4IGrant]

Spot On.

And getting a barrel nut that was installed Barely past Hand-Tight is not exactly confidence Inspiring... not the greatest QC in the world. And upper to lower fit that is just plain embarrassing....

And 16" CLGS? No thanks... not when there is: KAC/Noveske/DD/BCM/Sionics etc

Just to be fair, I can go down the list of companies you list and give you an error that was made by them on a firearm. No company is perfect and when dealing with employees, anything is possible. If I didn't buy a companies product because they put out a few lemons, I would own ZERO FIREARMS.

There are LOT'S of good AR companies out there and in many instances, the make a "nicer" product. None of them match Colt's prices though.




C4

[HD1911]

Just to be fair, I can go down the list of companies you list and give you an error that was made by them on a firearm. No company is perfect and when dealing with employees, anything is possible. If I didn't buy a companies product because they put out a few lemons, I would own ZERO FIREARMS.

There are LOT'S of good AR companies out there and in many instances, the make a "nicer" product. None of them match Colt's prices though.




C4

I cannot disagree with anything you just said, Grant.

I'm not trying to say they are the worst out there, by any means.

I just think the companies I previously listed bring a little more to the table.

The "Leupold" example that Digital Damage mentioned above really resonated with me... however, Leupold did finally take notice and catch on, with the release of their Mark 6/8 line.

I hope Colt can get their Act together, I really do. I have almost put them in the same boat as Glock, me personally... essentially I've written them off and no longer recommend them anymore, albeit with Caveats/Warnings.

*Addendum... almost forgot, handled a new 6920 off the shelf at the LGS a few days back, and the Safety Selector was bound and felt like trash... it's just been each time I've dealt with them, I seem to find something.

I'll even mention DD to be fair... my same LGS (a big one in KY) had DD Rifles that had Castle Nuts that weren't even staked, at all. Pretty sad.

And why not BCM while I'm at it... Two Warranty issues (complete uppers) in a row, first one was replaced, but it's replacement came to me with a different warranty issue... really shook my faith in them... but anything man-made can fail or make it out the door with an issue.

I cannot say that has happened to me with KAC or Noveske, however. But I'm just one guy out of many on here, and apparently I'm a Warranty Magnet when I buy New Firearms. YMMV

I Don't think these last two Huge Panic Events (2008 & 2012) did anything to help improve a Companies QC...of course I'm generalizing.

I could start a thread on Ford Warranty Nightmares, but I digress.

*** enough justification to warrant being your own QC dept. by building your own, with premium parts (obviously relying on those Mfgrs. to turn out in-spec parts), or QC checking Assembly Procedures (uppers, lowers, rifles etc)

No one should care more about your stuff than you do... hence you can be anal retentive and take as much time and care as you want to assure success. I can no longer honestly put blind faith into a Firearm Companies "name" and "reputation". I don't even know if Trust, but verify applies here... hard to trust when you've been let down soo many times... but obviously verification is a MUST.

[C4IGrant]

I just think the companies I previously listed bring a little more to the table.

And they very well may be, but at nearly double the cost (in some instances). So you have to compare apples to apples when recommending one brand against another.



C4

[Vandal]

I haven't seen this brought up yet but with Colt filing for Chapter 11 will the keep ownership of the TDP or is it up for grabs now?

[Voodoochild]

I am surprised FNH wouldn't be jumping on the chance to buy all the TDP and IP. Would certainly be a strong power move.

[Digital_Damage]

I am surprised FNH wouldn't be jumping on the chance to buy all the TDP and IP. Would certainly be a strong power move.

Might happen
Sciens Capital Management is just acting as a stalking horse bidder.

[Digital_Damage]

Just read the entire filling... and wow. The Stones on that CEO is dumb founding...

They will seek Chapter 7 if The CEO is removed, Union contract is altered, the courts do not forgive 250 million in unsecured bonds and forgive the $70 million debt they have with Morgan Stanley.

Essentially the CEO is seeking the complete elimination of all burden except to Vendors and demands to keep his job... that he failed at.

[The_War_Wagon]

I think Colt should join Beretta and others and head South.

Are they still trying to make a go of it in CT?!?!

[jpmuscle]

Are they still trying to make a go of it in CT?!?!

Any plan that keeps them there is a bad, bad...bad...plan.

[Mr.Anderson]

The financial aspect of Colt is in honesty, over my head.

What I will comment on though is kinda what I've seen mentioned already.

Being I come from an 'uninformed' civi buyer, I made the mistake of buying an 'other' than MILSPEC (despite what the claim was! - Stag Arms).
At the time Barry was in his first term and prices were going up. So I told the wife we really need to buy an AR.
Went to a LGS and the Stag was the least expensive of them all (at the time) for like $850.
So we bought it.

Fast forward to M4C, lots of corrective learning later.

My point is, when the UNINFORMED AR BUYER (the majority of 'common folk') out in the world go into a LGS, that most likely won't carry Colts, BCM, DD, KAC, LMT, Noveske, etc - and if they do, they will be $400-500+ more than say the DPMS or Oly, Stag, etc.

Joe 6 pack will buy the cheaper of them all, in every aspect.
I feel, again, coming from being an uninformed prior AR buyer, that Colt and the others, have not done a real good job reaching the average person and showing them WHY their gun is superior in every aspect.
So of course when Joe goes into the LGS and Bubba sells him the DPMS (isn't that what a "GOV. agency uses"?? line included) and tells him it's MILSPEC GTG and just as good as the Colt on the wall - which is for snobs and toppers, Colt will lose that sale.

I hope Colt continue to makes good AR's because I would like to be the proud owner of one in 5.56 one day.
But they really need to make people aware of why they are better and should be purchased over etc al.

Because I learned, here, that all AR's are NOT the same. Too late.