I'd say $220 mil is a pretty good price for a company that hasn't introduced an innovative product in 50 years. Colt's main products are the AR-15 (introduced ~1963), the various 1911 models (introduced in—duh—1911), and the single action army revolvers (introduced in 1873). It must be a hell of a marketing effort to keep flogging 50–150 year old products.
Can you name any small arms manufacturer who has introduced a successful, innovative design in the past 50 years? The design space seems pretty well explored at this point.
Czech gunmaker CZG buys Colt in cash and stock deal
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Re: Czech gunmaker CZG buys Colt in cash and stock deal
#182Doesn't seem like a lot of money. Shame somebody didn't buy it and shutter it. Less guns in the world is better for everyone.
More realistically it would change what type of guns people own. Fewer Colts, more Glocks, I presume. From a public policy perspective that’s no change at all.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#183Earlier quoted context omitted.
In the UK the Monarchy was stripped of powers by other nobles, not regular citizens. I'm not sure about other places, but I wouldn't assume it was always a popular revolution of some sort. I would guess in many cases it was slowly ceded to other parts of the government.
I am guessing if the nobles did not have weapons and troops the monarch would not have given up some power.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#184Earlier quoted context omitted.
The fact that it is possible to make a gun using 3D-printed parts does not make it a significant contributing factor to the prevalence of guns (for non-recreational use) in the US.
Correction: it's not a significant contributing factor yet . It takes a pretty advanced case of myopia to not be able to foresee home firearm manufacturing growing. At the current rate of development, I give it 10 years, tops, before European and Australian gun control measures are effectively meaningless.
Most aspiring firearm enthusiasts who are not criminals could get legally permitted in Europe if they were willing to invest as much effort as it would take to make their own guns and ammunition from scratch. Most criminals who want guns just as crime accessories don't have the discipline and drive to make weapons that they can't buy. (Thank goodness, or homemade bombs with wireless command detonation would already be common instruments in areas with gang rivalry.)
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#185Earlier quoted context omitted.
That would have been interesting for many, many reasons, the poetry of which being the least interesting. They're a sovereign nation so what happens when you manufacture guns in Indian country? How beholden are you to the BATF's regs, assuming you build with the intention of the firearm never leaving the res?
That is an interesting question... Not sure what the answer would be. But I'm pretty sure they are still under federal law, just not individual states. So probably personal manufacturing fine, for sale (even on the res) would require an FFL.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#186Earlier quoted context omitted.
Can you name any small arms manufacturer who has introduced a successful, innovative design in the past 50 years? The design space seems pretty well explored at this point.
Glock is a fairly obvious one.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#187Earlier quoted context omitted.
Can you name any small arms manufacturer who has introduced a successful, innovative design in the past 50 years? The design space seems pretty well explored at this point.
Glock is a fairly obvious one.
It's also worth pointing out that while the manufacturing techniques used by Glock were new the actual design is essentially identical to the browning hi-power.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#188Honest question: How is this relevant to Hacker News? As a non-American i was rather bewildered to find this here. Is there a serious overlap between gun enthusiasts and the IT community in the US?
take a look at https://animagraffs.com/how-a-handgun-works-1911-45/ and tell me this ain't ENGINEERING
To be faaaaaair, without Colt's revolutionary wheely gat, the 1911 may not have happened when it did. Let that marinate.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#189Earlier quoted context omitted.
That is an interesting question... Not sure what the answer would be. But I'm pretty sure they are still under federal law, just not individual states. So probably personal manufacturing fine, for sale (even on the res) would require an FFL.
Work to get every of-age tribe member a class 2 SOT. They're their own local law enforcement. Done.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#190Earlier quoted context omitted.
I think the point was to note that shutting down manufacturing us no longer a useful way to prevent firearms from being made. They don't need to be 3D printed right now because there are factories. If all the factories shut down tomorrow, that wouldn't stop new guns from being produced.
Might as well not have any laws or regulations ever, then.