Sorry guys I don’t think there’s any information I can link to.My understanding is that Advanced Systems is shut down entirely, as is the Custom Shop. Colt Canada will be stripped down to little more than the C8 production line and the extraneous people just had their jobs eliminated. The SWORD and MRR programs sound like they’re shelved. From the sounds of things, a lot of job losses.
Maybe one day we will find out how a company with such a tradition, reputation and product line managed to perform lower than Taurus and Hi Point.
That is some messed up s***.
Damn, just damn.
If I can borrow some money I’ll be happy to reboot it in the South.
Isn’t a Colt bankruptcy a yearly occurrence anyway? Like that groundhog predicting winter and stuff?