The thing is, that can be argued about half the medium sized "American" manufacturers in business right now. Half of them are just brands peddling things not related to the original company.
There is one important difference. Winchester, Browning, and any other company now selling firearms marketed under their name, have clear, corporate roots that can be easily traced from the original company to whoever is currently manufacturing the firearms under their name.
Henry on the other hand, appropriated the name because it was in public domain. There never was a Henry Repeating Rifle Company, the 1860 Henry rifle was manufactured by New Haven Arms Company. In 1866 majority stock holder Oliver Winchester changed the name of the company to the Winchester Repeating Arms Company.
The current Henry company adopted the name, knowing that it held great historical significance in the arms manufacturing field. Then they put up a page on their web page describing the history of Benjamin Tyler Henry and his rifle, omitting the fact that they had nothing to do with the original company.
I can't tell you how many times I have seen misinformation regarding HRAC 'purchasing' the rights to the name, and how many shooters have been taken in by the HRAC misinformation, telling me their Big Boy was made by a company over 150 years old.
That, in my book, is much different than a company licensing another company to make a product in their name.