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Old 10-28-2012, 21:04   #1
*ASH*
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any colt news???

i know the company was up for sale . anyone buy it ? and who
i also know they got the marines contract so that would help . but colt has fell so far its sad

any real info ??? .
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Old 10-28-2012, 21:36   #2
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I like Colts.
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Old 10-28-2012, 23:31   #3
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I cannot verify the accuracy of the statement, but I read that some New York investment firm invested some capital in Colt Manufacturing Company, LLC.

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Old 10-29-2012, 06:39   #4
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I like Colts.
Me too, especially the revolvers.
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Old 10-29-2012, 06:54   #5
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I would like to add a Colt Python to my arsenal.
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Old 10-29-2012, 07:31   #6
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I cannot verify the accuracy of the statement, but I read that some New York investment firm invested some capital in Colt Manufacturing Company, LLC.

RJ
Could it be the same company which owns Remington and Marlin and... Don't know, just wondering...


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Old 10-29-2012, 09:03   #7
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Let's put this whole "Marine contract" into perspective...

The Army and the rest of the military order something like 300,000 Beretta's at a time.

The Marines ordered something like 4,000 Colts.

Truthfully, a rather insignificant order.

Concerning the future of Colt...

They abandoned the American shooting public years ago...

I no longer care about them or their future existence.

Last edited by banger; 10-29-2012 at 09:07..
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Old 10-29-2012, 09:35   #8
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They abandoned the American shooting public years ago...

I no longer care about them or their future existence.

Neither does CT.
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Old 10-29-2012, 09:51   #9
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Quote:
Originally Posted by banger View Post
Let's put this whole "Marine contract" into perspective...

The Army and the rest of the military order something like 300,000 Beretta's at a time.

The Marines ordered something like 4,000 Colts.

Truthfully, a rather insignificant order.

Concerning the future of Colt...

They abandoned the American shooting public years ago...

I no longer care about them or their future existence.
The USMC ordered these Colts for their recon units. A specialized fighting handgun for an elite unit. Berettas are for clerks and jerks who don't need fighting handguns.
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Old 10-29-2012, 11:28   #10
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Quote:
Originally Posted by banger View Post
Let's put this whole "Marine contract" into perspective...

The Army and the rest of the military order something like 300,000 Beretta's at a time.

The Marines ordered something like 4,000 Colts.

Truthfully, a rather insignificant order.

Concerning the future of Colt...

They abandoned the American shooting public years ago...

I no longer care about them or their future existence.
Let me put it into perspective for you, they ordered 4,000 pistols plus spare parts to keep them running. I'd guess 3 thousand or more per pistol which is a 1.2 million dollar contract.
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Old 10-29-2012, 12:14   #11
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I have not seen anything about Colt selling. In fact I had heard they were looking a property to build outside of CT. And I hope they do move out of CT. Va would be a good spot!

I can't agree with the statement that Colt abandon the shooting crowd. Their biggest problem was their UAW union workers.

In the last 5 or so years they have been turning out the best firearms they have ever made. They have released collector models such as the Delta, Ser.70, and WWI's They have prob 10 or so models for CCW. Gold Cups and Special Combats for gun games.

I bought a SAA a couple of years ago and its as beautiful as any ever made.

I see new Colts at every gun show I go to. Last one had a 9mm and a 38 Super govs that were beautiful.
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Old 10-29-2012, 14:04   #12
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Originally Posted by fnfalman View Post
The USMC ordered these Colts for their recon units. A specialized fighting handgun for an elite unit. Berettas are for clerks and jerks who don't need fighting handguns.

My point was not that the .45 is not a superior fighting handgun....

It was that the numbers ordered is soooo low as to pale into insignificance.

Goodness, I would not be surprised if they ordered more .22 lr's than that in any give year.

As to M-2's 1.2 million dollar figure...

That is absolutely not impressive.

I'll "bet the ranch", the military spends more than that on coffee.
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Old 10-29-2012, 14:30   #13
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Quote:
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My point was not that the .45 is not a superior fighting handgun....

It was that the numbers ordered is soooo low as to pale into insignificance.

Goodness, I would not be surprised if they ordered more .22 lr's than that in any give year.

As to M-2's 1.2 million dollar figure...

That is absolutely not impressive.

I'll "bet the ranch", the military spends more than that on coffee.
The USMC bought it for the recon unit. How many recon marines do you think running around? Unlike other branches of the services, the Marines aren't in the habit of making everybody "special ops".
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Old 10-29-2012, 14:55   #14
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Originally Posted by fnfalman View Post
The USMC ordered these Colts for their recon units. A specialized fighting handgun for an elite unit. Berettas are for clerks and jerks who don't need fighting handguns.
Still, Beretta made more money contract wise arming those "cooks and clerks" than Colt did arming Marine recon units
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Old 10-29-2012, 15:25   #15
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Still, Beretta made more money contract wise arming those "cooks and clerks" than Colt did arming Marine recon units
Especially when you take into consideration Beretta just bought 50,000 M9A1's a few years back with spare parts, and the new sand resistant magazines.

Colt winning the 1911 contract not impressive, had all kinds of rediculous failures, guns had a rediculously low round count, and as others have said that isn't many guns.

The Marines seem to have issues with settling on a 1911 manufacturer. They sign a new contract with a new company every two or three years. Used to rebuild or upgrade remington rands and colts, then they went to Springfield Armory Operators, then to Unertl, then to Kimber for the TLE/RL II, then again for Kimber Warriors, and now back to Colt. I probably didn't even cover all the different models they've used in the last decade.
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Old 10-29-2012, 15:51   #16
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Still, Beretta made more money contract wise arming those "cooks and clerks" than Colt did arming Marine recon units
Obviously. There are more cooks and clerks than recon Marines.
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Old 10-29-2012, 16:56   #17
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The USMC ordered these Colts for their recon units. A specialized fighting handgun for an elite unit. Berettas are for clerks and jerks who don't need fighting handguns.
What kind of ignorant thing is that to say?

Last edited by themighty9mm; 10-29-2012 at 16:59..
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Old 10-29-2012, 17:45   #18
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What kind of ignorant thing is that to say?
Do you know of any cool unit that use Beretta? Navy SEAL? Nope. Delta Force? Nope.
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Old 10-29-2012, 17:49   #19
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Do you know of any cool unit that use Beretta? Navy SEAL? Nope. Delta Force? Nope.
I'm sure Colt makes oodles and oodles of money as a result of this.
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Old 10-29-2012, 17:57   #20
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Colt makes a very fine AR. One of the best.
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Old 10-29-2012, 18:04   #21
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Colt makes a very fine AR. One of the best.
Agreed
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Old 10-29-2012, 18:15   #22
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Do you know of any cool unit that use Beretta? Navy SEAL? Nope. Delta Force? Nope.
They are more likely to have use for an M9 than for someone like you.
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Old 10-29-2012, 18:20   #23
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Do you know of any cool unit that use Beretta? Navy SEAL? Nope. Delta Force? Nope.
It's been in every action shoot-em-up movie since the early 80's, and that's good enough for me, by Jove.
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Old 10-29-2012, 19:08   #24
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Do you know of any cool unit that use Beretta? Navy SEAL? Nope. Delta Force? Nope.
Army's Green berets and Rangers and all other army units. Marines MEU, and all others. Air force Para rescue, and all others and I would go ahead and feel pretty safe with the assumption delta force aswell.

What kind of stupid argument are you trying for anyways? When easily for every one "cool unit" that doesnt use it 20 more could be pounded out that do. Then comes the bottom line, who cares what "cool unit" is using it. Point is colts little baby 1911 contract is nothing. The guys sending number 2 pencils to DOD is making more money than colt.

A little 4000 part contract, after overhead and all else. Will probablly just barely keep the lights on.
Figure cost of goods is probablly well over half of what they are getting per gun. I'd guess (and bet its pretty close) 400 for product that has been CNCd maybe more. Probablly $50 bucks in packaging. Another 200 in manual labor (assuming they do hand assembly, wich is most likely the case) another 300 for spare parts per handgun. The QA per lot probablly cost them a grand. And I'll assume the lots are every couple houndred, maybe every thousand. Then they have to buy the material to do the QA. Cost to finish each gun is probablly 100 per gun, again assuming a human element. And cant forget a lifetime service plan, thats some big money on its own. So even if my numbers are high or low in some areas, that part will more than make up for it.
So I'd guesstimate you are actually looking at 1100 bucks per gun for cost of goods alone and I'm sure I left out a thing or 2. What are they making per gun $1900? With that lifetime service plan depending on how things go, colt very well might not make much money per gun at all.

Now, no doubt thats alot of assumption. I would bet almost my bottom dollar, that those assumptions are very very close to reality.

Say my numbers are perfect (they arnt) And for all they put into it the make $800 per gun. Thats only $320,000 for the contract, profit. Now take in account the mortgage, light bill, R&D, the hours of phone calls upper managment is making, managment wages, scrap, training, final shipping to the DOD. Plus more things I dont even care to think of now. And overall it really isnt that much money for even a small buisness, let along a large one. 320,000 wouldt keep ATK/Lakecity running more than a couple weeks, tops.

Now this is all a very rough guess, but its a DOD contract and my company works very close with DSE and the DOD. So I do know a thing or two on how contracts work. And a lifetime service plan has got to kick colt where it hurts. They had to really want that contract.

Last edited by themighty9mm; 10-29-2012 at 19:52..
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Old 10-30-2012, 00:14   #25
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Didn't take long at all to totally lose the original question.
The "civilian" side of Colt, Colt's Manufacturing, has been for sale at various times for several years.
It has not been sold. Typically they can't agree on a price & there are entanglements over trademarks & intellectual property.
Colt is building something in Florida, but won't say what for.
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