WEST HARTFORD, Conn. (AP) _ Colt Holding Company is asking a bankruptcy judge to approve payments totaling $2.5 million for nine top executives. The Hartford Courant reports that the bonuses would be paid if an […]
WEST HARTFORD, Conn. (AP) _ Colt Defense has announced an agreement with its secured lenders for $20 million in credit to allow ordinary business operations to continue during its chapter 11 bankruptcy proceedings. Colt said […]
Gun maker Colt Defense LLC filed for chapter 11 bankruptcy late Sunday, allowing for a quicker sale of operations in the U.S. and Canada.
The president of one of the nation’s oldest gun manufacturers says he’s concerned Connecticut lawmakers are just trying to pacify Connecticut’s gun companies by listening to their concerns about proposed gun control legislation.
Members of the United Auto Workers Union, local 376, have ratified a new two-year-agreement with Colt Manufacturing.
After buying more than 700,000 Colt M4 carbines, the Defense Department has started a search for the rifle’s successor, giving competitors of West Hartford-based Colt the long-awaited chance to break the company’s grip on the market.
Arizona lawmakers have approved a bill to recognize a Colt revolver as the state’s official firearm.