The long, difficult saga of Colt’s Manufacturing has taken another turn. Firearms distributer RSR Group has sent an email blast to their retail customers announcing that Colt will no longer produce long guns for the retail market.
Recall that Colt filed for bankruptcy protection in June of 2015, emerging in January of 2016. We hear that they’ve struggled to make money on their retail long gun sales for a long time. Colt lost its primary military contract for M16 and M4 rifles in 2013.