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General Dynamics just bought Colt's Defense Division (rumor?)
AR-15.com ^ | February 2, 2006

Posted on 02/02/2006 11:30:20 AM PST by Tree of Liberty

Just read this over at AR-15.com. I haven't seen any coroboration, yet.

I copied this from the Outdoor Wire dated Feb 2nd. BUYING: Venerable firearms brand Colt's defense division has been sold to General Dynamics. The purchase preempts a public offering for that portion of the Colt company. The consumer portion of the bifurcated company (consumer/defense), is also being sold, with sources telling The Outdoor Wire the deal is "all-but-done". A total of eleven potential suitors were said to have been kicking the tires on the venerable brand. The winner may shock most of the firearms industry - as well as the other bidders.

Also, I've seen some other rumors that Bushmaster is up for sale, also.


TOPICS: Your Opinion/Questions
KEYWORDS: ar15; bang; banglist; m16

1 posted on 02/02/2006 11:30:22 AM PST by Tree of Liberty
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To: Tree of Liberty

Does this mean I get a free F-16 when I buy my next AR-15?


2 posted on 02/02/2006 11:37:49 AM PST by MNJohnnie ("Vote Democrat-We are the party of reactionary inertia".)
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To: MNJohnnie

Sure, you just pay S&H :P


3 posted on 02/02/2006 11:39:34 AM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty

>>Colt's Defense Division (rumor?)

I thought this was a football parody! :)


4 posted on 02/02/2006 11:40:35 AM PST by MarineBrat (Talk is cheap because supply exceeds demand.)
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To: Tree of Liberty

don't forget winchester....


5 posted on 02/02/2006 11:40:47 AM PST by ronnied (we are the only animals that bare our teeth in greeting...)
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To: Tree of Liberty

Sweet. Depleted uranium ammunition on the way!


6 posted on 02/02/2006 11:40:52 AM PST by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: Tree of Liberty
Look for a 21st century AR from GD coming down the pike soon. Just wonder how fast the venerable (CTRL)(ALT)(DEL) key will reboot a crashed gun faster in a real battle scenario!!! SIGH....
7 posted on 02/02/2006 11:40:58 AM PST by Toidylop
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To: Tree of Liberty
Sure, you just pay S&H :P

Hmmm. Might have to take out a 2nd mortgage for that purchase......

8 posted on 02/02/2006 11:42:27 AM PST by MNJohnnie ("Vote Democrat-We are the party of reactionary inertia".)
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To: Toidylop

Seriously, GD has the U.S. license rights to the XM8.


9 posted on 02/02/2006 11:42:39 AM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: ronnied

Unfortuately, that's no rumor, and there's no buyer, either. That involves, in large part, the expiration of FN's license on the Winchester name.


10 posted on 02/02/2006 11:43:59 AM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty

i just had a chilling thought about all of this, george soros....


11 posted on 02/02/2006 11:59:02 AM PST by ronnied (we are the only animals that bare our teeth in greeting...)
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To: ronnied

Are you saying that Soros has ties to GD?


12 posted on 02/02/2006 12:03:11 PM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty

Are you saying that Soros has ties to GD?



no, just a scary thought i had...


13 posted on 02/02/2006 12:18:45 PM PST by ronnied (we are the only animals that bare our teeth in greeting...)
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To: ronnied

lol, yeah, that is a scary thought regardless of subject.


14 posted on 02/02/2006 12:23:40 PM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty

Interesting!


15 posted on 02/02/2006 12:28:25 PM PST by lilylangtree
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To: Tree of Liberty
Is GD still a American company or did the Chinese buy it?
16 posted on 02/02/2006 12:28:36 PM PST by Steveone (Liberalism is a brain tumor!)
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To: Tree of Liberty

Shipping?

No need, I'll take it now. Just top of the tanks and give me a full ground attack load out and I'll get out of your hair.

Oh and a couple of extra magazines for the 1911. Thanks. =-)


17 posted on 02/02/2006 12:32:13 PM PST by Dr.Zoidberg (Mohammedism - Bringing you only the best of the 6th century for fourteen hundred years.)
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To: Steveone
GD is publicly traded on the New York Stock Exchange.
18 posted on 02/02/2006 12:39:26 PM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty

Thank God for that!


19 posted on 02/02/2006 12:44:55 PM PST by Steveone (Liberalism is a brain tumor!)
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To: Tree of Liberty
Unfortuately, that's no rumor, and there's no buyer, either. That involves, in large part, the expiration of FN's license on the Winchester name.

Exactly, but the patents on the guns themselves have long since expired. Those that are worth keeping in production will be called "Browning", since FN owns Browning as well. Kind of sad that, because John Moses Brownings designs more or less made FN, that an licensed production of Mauser designs. Sort of like when Bridgestone bought out Firestone.

20 posted on 02/02/2006 12:46:07 PM PST by El Gato (The Second Amendment is the Reset Button of the U.S. Constitution)
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To: El Gato

Again, more "rumors", but I've heard that FN will still make the former Winchester rifles, either themselves in Belgium, or via licensed manufacturers in Japan.


21 posted on 02/02/2006 12:48:51 PM PST by Tree of Liberty (requiescat in pace, President Reagan)
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To: Tree of Liberty
Colt's Defense only went public last June. It's possible they have been bought, but there is nothing on their website to so indicate.

The two parts of Colt split into separate companies in 2002.

Nothing on the GD website about this either. Sounds like: Rumor, unconfirmed, likely false, to me.

22 posted on 02/02/2006 12:54:38 PM PST by El Gato (The Second Amendment is the Reset Button of the U.S. Constitution)
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To: Tree of Liberty

I'm thinking--they bought the Colts' defense but not the offense? Has Peyton Manning's stock fallen that far that fast?


23 posted on 02/02/2006 1:07:22 PM PST by wouldntbprudent (If you can: Contribute more (babies) to the next generation of God-fearing American Patriots!)
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To: Tree of Liberty
Again, more "rumors", but I've heard that FN will still make the former Winchester rifles, either themselves in Belgium, or via licensed manufacturers in Japan.

That's in the story .

However I doubt Herstal, which owns FN, Browning and US Repeating Arms will want to pay what Olin wants for the right to use the name. US Repeating Arms, has been the manufacturer of "Winchester" firearms since being spun out by Olin, who owns the Winchester name, and was later acquired by Herstal. From the story it sounds like many Winchesters (rifles and shotguns) have been made in FN and Browning plants for some time anyway.

There would not be any need for licensing, since the patents long ago expired, but they would have to change the brand from Winchester to something else, most probably Browning.

Of course Browning, Winchester and FN have a long history together. John Moses Browning did many of the designs that are produced by all three. Early on Browning sold his designs to Winchester, later some where sold or licensed to FN, and finally he established his own company to manufacture them others. He also sold some designs to Remington and even Colt.

24 posted on 02/02/2006 1:10:41 PM PST by El Gato (The Second Amendment is the Reset Button of the U.S. Constitution)
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To: El Gato

Oops, forgot or messed up the link to the story.

http://www.latimes.com/news/nationworld/nation/la-na-winchester23jan23,0,4954661.story?coll=la-home-nation


25 posted on 02/02/2006 1:12:33 PM PST by El Gato (The Second Amendment is the Reset Button of the U.S. Constitution)
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To: Tree of Liberty
General Dynamics just bought Colt's Defense Division

Must have got them dirt cheep after all the damage the Steelers inficted on them a few weeks ago.

Ohhh. Not those Colts. Never mind.

26 posted on 02/02/2006 1:14:16 PM PST by Ditto ( No trees were killed in sending this message, but billions of electrons were inconvenienced.)
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