Posted on Sep 20, 2019
Colt Suspends Manufacture Of Controversial AR-15 For Civilian Market
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"The fact of the matter is that over the last few years, the market for modern sporting rifles has experienced significant excess manufacturing capacity," Colt Defense LLC president and CEO Dennis Veilleux. I don't know if his statement means they will actually discontinue making ARs or not. Maybe they are just not able to compete with smaller makers and are not making the profits that they used to. I had a 13 inch AR Pistol made for $800 with very good quality parts. You can get ARs for cheap but a lot of them are made with not the best of parts.
Colt Suspends Manufacture Of Controversial AR-15 For Civilian Market
Posted from npr.org
2nd Amendment
Weapons
Gun Control
Posted 5 y ago
Responses: 11
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Sounds like a PR move. Placate the mob while switching resources to more profitable lines. The only problem is that this will appear to the mob as a victory and encourage them to press for more.
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SGM Steve Wettstein
CPT Jack Durish I agree that it could be a PR move but you can get good quality ARs cheaper than what they sell them for. Maybe they aren't selling as many as they need to, to be profitable.
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TSgt George Rodriguez
As in this case they have out priced themselves. Loss of market is reason to quit a product that can be replaced with a cheaper but quality rifle.
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Thank you, my friend SGM Steve Wettstein for posting the unsurprising news that Colt is joining the crowd - probably under contracting pressure from Federal and State governments which have contracts for weapons produced by Colt.
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