Is this good news?
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Thread: Is this good news?

  1. #1
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    Is this good news?

    I was reading a report that soon the gun business is going to change because of a new policy to take gun sales out of regulation of the State department and move them to the department of Commerce. Which means our gun companies will be allowed to sell overseas which increases their market in a huge way. Colt will be able to sell more guns and make more money if this all happens. Will a better financed Colt help us collectors?

    I sure would like a job selling guns overseas for Colt.
    victorio1sw likes this.

  2. #2
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    With FN and everyone else building exactly what Colt does for the military - and for a lower price point - I wouldn't be updating my passport just yet.
    Joel6180 and 459459 like this.

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    Firearms industry stocks are already up. I don't know what it means long-term but it seems allowing US companies more penetration into foreign markets is a good thing...export American craftsmanship. Let our companies compete more on their turf...let them defend rather than have it all their own way. Competition is good.
    victorio1sw, Ugly and az_colt like this.
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    Quote Originally Posted by dogface6 View Post
    With FN and everyone else building exactly what Colt does for the military - and for a lower price point - I wouldn't be updating my passport just yet.
    My last 3 units all had full auto variant FN M4's instead of Colts. Cheaper plus little extras like ambi selector

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    I ran across a couple of factory reps in SEA and SWA, many moons ago - they were older, very senior retired Officers, who'd spent their military careers in supply and logistics branches, and were hired specifically for their contacts.

    That's how the factory hires - always looking for another military contract, and using what connections they can.

    Today, the arms business has far more amenable, competitive suppliers out there.
    ei8ht and mtidasnubby like this.

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    Quote Originally Posted by dogface6 View Post
    I ran across a couple of factory reps in SEA and SWA, many moons ago - they were older, very senior retired Officers, who'd spent their military careers in supply and logistics branches, and were hired specifically for their contacts.

    That's how the factory hires - always looking for another military contract, and using what connections they can.

    Today, the arms business has far more amenable, competitive suppliers out there.

    Think Viktor Bout, of course he's out of business for a while.

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    “Colt will be able to sell more guns and make more money if this all happens.”

    I wouldn’t hold your breath. Assuming any of this comes to pass, it’s unlikely to precipitate any sort of Colt comeback. Generally, firms struggling domestically will find their issues magnified in international markets. If you can’t make it in the pond, your definitely not fit for the ocean.

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    Of the guns Colt builds I think the only models that would sell overseas are the AR models. I don't see them selling 1911s to police departments and not many countries have gun policies like America does. Competing with the foreign companies when you only have old models will be difficult. Maybe Colt will work on new models if they get a bigger market.

  10. #9
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    [QUOTE=459459;3081345]I was reading a report that soon the gun business is going to change because of a new policy to take gun sales out of regulation of the State department and move them to the department of Commerce. Which means our gun companies will be allowed to sell overseas which increases their market in a huge way. /QUOTE]

    You must have misunderstood something. It certainly would be news to me that US gun companies aren’t allowed to sell overseas.

  11. #10
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    Well I brought the article here so you guys can read it just in case I didn't get it right....


    "Gun stocks are zooming higher in late session Thursday after the Trump administration passed a crucial milestone in a long-delayed rule change that would make it easier for gun companies to export firearms around the world, sources told Reuters.*

    Sources said the rule change would shift oversight of firearm exports from the U.S. Department of State to the Department of Commerce. The timing of this change could occur as early as next month.*

    The National Sports Shooting Foundation concluded in an earlier report that American Outdoor Brands and Sturm Ruger & Company could see foreign gun sales surge by as much as 20% upon the rule change. Both companies would likely export assault rifles and ammunition.*

    American Outdoor Brands soared as much as 4% on the news."


    https://www.zerohedge.com/markets/gu...e-ease-exports
    Ugly likes this.


 

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