H & K financial troubles continue

[1168]

There are more beer breweries in US than there are Germany, and who need prostitutes with Tinder?

You’re not wrong. Try Bumble, also.

[TexHill]

Let's hope not. Maybe it is time for the German government to step in.

You mean the same government that fined H&K 4 million dollars and prosecuted an executive or two for selling firearms to the Mexican Gov't? Yeah, H&K can expect a lot of help from the German Gov't.

[Pappabear]

Id like to buy the one true boat anchor , Mk23 pistol for $1,200 in a fire sale. Somebody will buy them, no way they will just disappear, maybe some products may disappear but not HK as a whole.

PB

[chadbag]

They can't sell you one, not because they don't want to. Under German gov't law, they cannot sell civilians weapon models designated as military weapons. So again, it is unfounded. That is why they have slightly 'different' versions of their military contract models.

That is it though, slightly different versions. I understand their military uses the P8 pistol, which you and I know as the USP.

I know/think in Germany that the AR type rifles have different push pin configurations so as to not be compatible with normal mil-spec stuff.

[The Dumb Gun Collector]

This is a sad thing for the industry. H&K originated so much of what is standard in the industry today. Mainstream use of polymer frames in a combat handgun? PCAP/Keymod (leading to Mlock). Frame rails for weapons lights ? Pioneering used of stampings? All those things. Sure they have made a lot of odd stuff (roller locking pistols, squeeze cocking pistols, careless rifles)The industry needs innovators like this to push the industry forward.

[Phillygunguy]

I really hope they don't go belly up. HK has become my favorite firearms manufacturer. Dumb question, if Germany doesn't bail them out who will make weapons for their military?

[BoringGuy45]

I really hope they don't go belly up. HK has become my favorite firearms manufacturer. Dumb question, if Germany doesn't bail them out who will make weapons for their military?

I'd imagine they'll get bought out by some other company. Just hopefully not Cerberus.

[Joelski]

Sounds like the best option is to let it die and scoop up the assets for pennies on the dollar. Hell of an opportunity for a well-organized rebuild. Better yet, move the legacy machines stateside and open the catalog to all legal customers. Semi-auto XM-8's and 433's for the masses.

[WillBrink]

In the ongoing saga of HK's financial turmoil, this recent article indicates that HK may be approaching the point of no return.

https://www.militarytimes.com/off-du..._source=clavis

Of all the arms manufacturers I would have thought HK highly profitable. Just goes to show impressions vs real t.

[WillBrink]

It is unlikely a US or non-german PE firm will purchase HK. The German gov is already involved and subsidizing an absurd retirement benefits program, the subsidization which would go away creating a huge liability for a buyer. Additionally Euro Co's, by law, have 1/2 the board by labor, which generally not being experienced or savvy management try to extract short term gains for employees, torpedoing plans effectively utilizing resources necessary for strategic planning. To top it off, German laws and company poiicy require a yearly certification by customers HK wares (weapons) aren't being used in a belligerent manner. Imagine any governmental customer on the globe being ok with this...

There is a longer belt-fed list of screwball management decisions that got them where they are now. However, significant liabilities and regulatory hurdles will preclude reasonable investors from glancing toward Oberndorf. Buy your overpriced, over engineered, dive-weights now.

How does that even work?