FN rains on Colt's parade
Posted: Fri, 22 Mar 2013 10:12:25
Colt may be in some serious trouble, business wise anyway, their home state beating on them on one side and and the competition beating on the other:
http://kitup.military.com/2013/02/army- ... ct-fn.html
http://kitup.military.com/2012/11/army- ... maker.html
It seems the first time around the royalty portion of the contract with Remington caused Colt to protest. Under the contract protest rules everybody gets to see everybody else's numbers. Colt protested a second time, FN got it right and won this go around. Colt must be feeling it now. They have been relying on military sales for a long time. Maybe they will have find some new customers...
http://kitup.military.com/2013/02/army- ... ct-fn.html
http://kitup.military.com/2012/11/army- ... maker.html
It seems the first time around the royalty portion of the contract with Remington caused Colt to protest. Under the contract protest rules everybody gets to see everybody else's numbers. Colt protested a second time, FN got it right and won this go around. Colt must be feeling it now. They have been relying on military sales for a long time. Maybe they will have find some new customers...
