Saturated as in companies are shipping complete AR kits less stripped lower for $319. And lowers can be had for $25.
Huge oversupply in the AR-15 market.
My read is colt is just playing the supply and demand game. In six months the street price for a 6920 will be 1200-1500 bucks. Maybe more depending on what the elections looking like.
18 Nov 2018 Army contract.
ARMY
Colt’s Manufacturing Company LLC, West Hartford, Connecticut, was awarded an $88,607,109 modification (P00008) to contract W15QKN-15-D-0102 for M4 and M4A1 carbines. Work will be performed in West Hartford, Connecticut, with an estimated completion date of Sept. 25, 2020. Fiscal 2019 and 2020 operations and maintenance, Army funds in the amount of $88,607,109 were obligated at the time of the award. U.S. Army Contracting Command, New Jersey, is the contracting activity.
Announced by the US Department of Defense for 19 September, 2019.
Colt’s Manufacturing Co. LLC, West Hartford, Connecticut, was awarded a $41,924,594 firm-fixed-price Foreign Military Sales (Afghanistan, Bahrain, Djibouti, Federated States of Micronesia, Hungary, Jordan, Kuwait, Lebanon, Macedonia, Marshall Islands, Palau, St. Vincent and Grenadines, and Tunisia) contract for production for the M4 and M4A1 carbines. One bid was solicited with one bid received. Work locations and funding will be determined with each order, with an estimated completion date of Sept. 18, 2024. U.S. Army Contracting Command, New Jersey, is the contracting activity (W15QKN-19-D-0116).
Well said, dude knows his stuff, trashing him and making stupid accusations is wrong. He loves the Colt AR, he despises the management incompetence that has destroyed a once mighty empire of American firearm manufacturing. The fact that COLT is nowhere in the running for the next small arm speaks volumes.
Colt ARs are great. Colt as a company, stinks.
Last edited by FredWyneken; 09-20-19 at 18:20.
Just releasing their Ambi lower that they have had for nearly a decade and updating their monolithic guns which are already available in Canada would go a long way.
This.
Colt already has the products in inventory which would simplify their catalog and streamline sales. All rifles are shipped with ambi lowers. Only rifles are 6920, 6960, SOCOM 14.5, and their 6933. Really, their current Rifles page is pretty lean. Use Magpul and Centurion for furniture, and use ambi lowers on everything.
The early release Trooper was basically the best deal in AR-15s that I've ever seen. If that, a magpul edition, and a SOCOM were the only rifles they offered, they'd do just fine.
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