Colt Wins New M4 Contract

[runco]

I guess this is a treatment program when one is in bankruptcy:

 

http://www.thefirearmblog.com/blog/2015/09/25/colt-defense-granted-212m-m4-contract-good-until-2020/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheFirearmBlog+%28The+Firearm+Blog%29

 

BREAKING: Colt Defense Granted $212M M4 Contract, Good Until 2020

Posted

 

3 days ago

in AR-15, Guns & Gear, News, Other Gear & Gadgets, Rifles by Nathaniel F with 79 Comments
Tags: 5.56mm, carbines, Colt, contract, dod, m4, m4a1, News, rifles

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Looks like Colt has a guardian angel in Washington. From today’s DOD contract announcements:

Colt Defense LLC, West Hartford, Connecticut (15QKN-15-D-0102); and FN America LLC, Columbia, South Carolina (W15QKN-15-D-0072), were awarded a $212,000,000 firm-fixed-price multi-year contract for M4 and M4A1 carbines for the Army and others, with an estimated completion date of Sept. 24, 2020.  Bids were solicited via the Internet with six received.  Funding and work location will be determined with each order. Army Contracting Command, Picatinny Arsenal, New Jersey, is the contracting activity.

It’s not surpring that Colt Defense submitted a winning bid, since I expect it’s very difficult to underbid a company as desperate as one in bankruptcy, and Colt historically has had a lot of political influence.

Thanks to Daniel for the tip!

- See more at: http://www.thefirearmblog.com/blog/2015/09/25/colt-defense-granted-212m-m4-contract-good-until-2020/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheFirearmBlog+%28The+Firearm+Blog%29#sthash.5rQ6oUnC.dpuf

[diamondback]

Strange. They are in bankruptcy yet get a big gov contract? Go figure.

 

Also I find it strange as hell many gun companies are located up north.

[felinesNfreedom]

Strange. They are in bankruptcy yet get a big gov contract? Go figure.

 

Also I find it strange as hell many gun companies are located up north.

 

It does surprise me how many are up north. 

[Ugly]

Ha! I came across their plant a few months ago while visiting family. Went in to go to the gift shop. There was none. There wasn't even a person at the entry. It was a ghost town. It's a shame for sure and CT is sorry as sorry can be.

It is amazing anyone still tries to operate in a state that has outlawed their products. Pathetic scenario.

Good luck to em, I've got a feeling its a political bone. Edited September 29, 2015 by Ugly

[Oh Shoot]

It does surprise me how many are up north. 

 

Because most machining industry started in the northeast.

 

- OS

[felinesNfreedom]

Because most machining industry started in the northeast.

 

- OS

 

 I forget about that. I have 3 friends families that moved from Michigan to work in the auto industry and heat treat industry here. Hell, my great grandfather and his family were steel workers in Pittsburgh. 

[btq96r]

Strange. They are in bankruptcy yet get a big gov contract? Go figure.

Good luck to em, I've got a feeling its a political bone.

 

It could be political, but I think it's also about keeping consistency with small arms for the military.  Colt, despite all their business failings make a good carbine that has held up under the last 14 years of combat.  If the price is fair, staying with a vendor that can deliver a quality product works for me.

[Grunt67]

I had a Colt M16 w/ M203 attached underneath in 'Nam. Also own a Colt AR15. No complaints.

[JohnC]

Love my Colt LE 6920! Glad they got a contract. Would hate to see them go under!

[MrJones79]

Strange. They are in bankruptcy yet get a big gov contract? Go figure.

Also I find it strange as hell many gun companies are located up north.

I just moved down here from MA. It's definitely odd in today's gun control climate, but most of those manufacturers have been around for a long time - before those states were nuts on gun control. Kind of ironic now that these places can't sell some of their products to citizens of their home states.

[Pete123]

They would prefer to leave CT and come south.  After being up there so long it isn't that easy - they have skilled workers that don't want to move, etc...  I'm sure a support industry has developed, similar to the one that has developed in Nashville since Nissan moved here.

 

They are moving down here as they can.  We're getting the new Beretta plant, SC has gotten one, I think Remington just announced a plant in Al.  

[DWARREN123]

They are being forced out of the north, same with the auto industry.

Just better south of the M/D line.

[hipower]

Love my Colt LE 6920! Glad they got a contract. Would hate to see them go under!

Same here. Love the 6920 Magpul edition.

[diamondback]

They would prefer to leave CT and come south.  After being up there so long it isn't that easy - they have skilled workers that don't want to move, etc...  I'm sure a support industry has developed, similar to the one that has developed in Nashville since Nissan moved here.

 

They are moving down here as they can.  We're getting the new Beretta plant, SC has gotten one, I think Remington just announced a plant in Al.  

 

As long as they dont bring liberal ways with them in the people who come with them to work. Many northerners embrace dixie. Others seem to want to change it. They come here because its a safer and more moral place to raise a family and the economies often are doing better without all the crap with labor up north.

 

That crap is what ruined delaware, maryland, and is starting to ruin virginia.

[crossfire]

Just Uncle Sam propping up another failed company with your tax dollars. How can this not be political, someone is going to get fat off of this. :2cents:

[DaveTN]

Probably hard to compete with a company that has been making the product for years, has tens of thousands in use, doesn’t have to pay licensing fees and has the manufacturing facilities already in place.

Jobs for Americans in an American manufacturing facility, and an American gun company gets to stay alive; it’s a win for all of us.

[crossfire]

Probably hard to compete with a company that has been making the product for years, has tens of thousands in use, doesn’t have to pay licensing fees and has the manufacturing facilities already in place.

Jobs for Americans in an American manufacturing facility, and an American gun company gets to stay alive; it’s a win for all of us.

 FN America is also on that contract.

[Monkeybat]

Glad they will be around.  A Colt LE6920 is a purchase in my near future.  Right now I'm seeing dwindling stock online for certain models.

[Monkeybat]

They would prefer to leave CT and come south.  After being up there so long it isn't that easy - they have skilled workers that don't want to move, etc...  I'm sure a support industry has developed, similar to the one that has developed in Nashville since Nissan moved here.

 

They are moving down here as they can.  We're getting the new Beretta plant, SC has gotten one, I think Remington just announced a plant in Al.  

And I can't wait to buy a Beretta stamped "Made In Gallatin, TN".  

[ARO Matt]

 FN America is also on that contract.

 

I'm not sure if they're included on this contract as well, but MMC Armory has a contract for the M4 barrels.

[Dustbuster]

bankrupt because: today colt stands for:
create
obsolete
lame
trash


Sent from my iPhone using Tapatalk, its either this or smoke signals!

[Johnny Rotten]

bankrupt because: today colt stands for:
create
obsolete
lame
trash
Sent from my iPhone using Tapatalk, its either this or smoke signals!

So my Le6940, Le901 and my M16A1 is trash, nice, you probably have something better I presume.

[Lincoln Osiris]

And I can't wait to buy a Beretta stamped "Made In Gallatin, TN".  

 

I have several thousand dollars reserved just for that opportunity.

[btq96r]

bankrupt because: today colt stands for:
create
obsolete
lame
trash


Sent from my iPhone using Tapatalk, its either this or smoke signals!

 

Colt's product is good, they just didn't/couldn't adapt well enough to the changes in the market with everybody and their mother being able to sell AR's now. 

 

Their biggest crime is not being the only big name game for quality AR's with BCM, DD, Noveske all coming to the game in the 21st century.  Throw in the lower price, but perfectly acceptable brands from vendors like PSA which also took a big bite out of their sales, and you arrive where they are today. 

[Patton]

I have almost 10 years worth of combined federal service. Colt is the only company I have ever seen that doesn't stick it to the government. Under the old federal contract Colt AR's were less than $800.