Joe Blacke
New member
I'm sure many of the members here have heard the rumors that Colt is going to stop selling AR 15 (or Colt Match Target) rifles to the civilian population.
Well, yesterday the Wall Street Journal reported on page A3 that Colt is splitting up into 4 companies. In addition, Colt is removing itself from the civilian market for both rifles AND pistols. It seems that Colt is going to focus on military contracts, and perfecting their "smart gun" technology.
Colt has issued a response to the report, but they don't really deny the fact that they are getting out of the civilian market. Apparently, they are going to continue with their line of "western pistols" and the developement of their new hunting rifle. All other models are up in the air now.
The full text for the WSJ report is at http://www.ar15.com/ubb/Forum3/HTML/003687.html
Colt's response is at http://www.colt.com/colt/news.html#news2
Well, yesterday the Wall Street Journal reported on page A3 that Colt is splitting up into 4 companies. In addition, Colt is removing itself from the civilian market for both rifles AND pistols. It seems that Colt is going to focus on military contracts, and perfecting their "smart gun" technology.
Colt has issued a response to the report, but they don't really deny the fact that they are getting out of the civilian market. Apparently, they are going to continue with their line of "western pistols" and the developement of their new hunting rifle. All other models are up in the air now.
The full text for the WSJ report is at http://www.ar15.com/ubb/Forum3/HTML/003687.html
Colt's response is at http://www.colt.com/colt/news.html#news2