They are one of worst run companies for years
Piss in the consumer market because your fat on gov contracts, let your products be copied and improved on by everyone else and then when the contracts run out come back to the consumer and say hey were back we love you and buy our inferior products for more than the competitions be wise were Colt.
Sad really but when you are run by retired military guys who have a hobby country club business mentality what do you expect? I hope they continue is all I can say but without some serious culture changes there I don't see it improving.
Complete thread:
- Unfortunately, we've seen this coming -
mcassill,
2014-11-14, 07:27
- So sad -
cubrock,
2014-11-14, 08:27
- Gov't contracting can be a boom-and-bust business - mcassill, 2014-11-14, 08:49
- They are one of worst run companies for years -
Fowler,
2014-11-14, 09:04
- I agree, I just hate to see the Colt name go so far - Cherokee, 2014-11-14, 13:01
- Unfortunately, we've seen this coming - Ken O'Neill, 2014-11-14, 09:43
- More background from Business Week - mcassill, 2014-11-14, 16:44
- I think they should see if Alan Mulally is a gun guy and - Gary G, 2014-11-14, 20:26
- So sad -
cubrock,
2014-11-14, 08:27