Colt Defense Inc.

Gunmaker Colt receives $40.8M contract for foreign weapons sales

The M4 and M4A1 carbines will be supplied to Bosnia, Iraq, Macedonia and Tunisia.

CT ranked 38th in guns sales, study says

Guns sales in Connecticut, which has some of the tightest firearm laws in the nation, continued to rise in 2018, although the state still records far fewer sales per capita than most other states, a new study shows.

W. Hartford’s Colt will stop making AR-15 rifles for consumers

Colt, the West Hartford-based manufacturer of the AR-15 rifle, has announced it's exiting the consumer rifle market as demand for high-powered, semi-automatic guns wanes.

Colt proposes major retiree benefits change in bankruptcy filing

Saying it's necessary to successfully come out of Chapter 11 bankruptcy, West Hartford gunmaker Colt has proposed a major restructuring of its retiree health benefits.
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Colt secures $20M loan to continue operations

West Hartford's Colt Defense LLC said a bankruptcy court has approved a $20 million credit line that will allow the gun manufacturer to continue operations during its Chapter 11 restructuring.

Colt hires two senior VPs

West Hartford gun maker Colt Defense said it has hired two senior vice presidents.

Colt secures $33M loan facility

West Hartford gun maker Colt Defense LLC said it has secured a $33 million loan that will help it repay outstanding debts under its existing agreement, and for liquidity and general working capital.

House approves Coltsville national park status

The U.S. House of Representatives on Thursday voted to approve national park status for Hartford's Coltsville neighborhood, Rep. John B. Larson announced.
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Colt faces default risk

West Hartford gun maker Colt Defense LLC said disclosed Thursday that its cash flows and revenue are lower than hoped, and as a result, it may default on interest payments due next week.

Colt’s top attorney jumps to Orchid

Colt Defense's top lawyer Jeff Grody has been hired by Hartford strategic management consultancy Orchid Advisors, which serves gun manufacturers.
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