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Czech gunmaker CZG buys Colt in cash and stock deal

reuters.com

181–190 of 344 posts

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#181
post #161

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.

Glock is a fairly obvious one.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#182

Doesn'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.

It seems incredibly optimistic to assume that one gun company shutting down would meaningfully change the number of guns available. The demand is still sky high; at best this would delay consumption until other manufacturers add more capacity.

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

#183

Earlier 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.

Of course they had military might. But the point is it wasn't exactly "citizens", and whether regular citizens can bear arms has little to do with whether the standing armies of nobles can. The nobility of that period is not what I would consider regular citizens. The original assertion I replied to is obviously not as absolute as it was presented.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#184

Earlier 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.

If the guns themselves become easy to manufacture I think that there will be more emphasis on controlling and tracing ammunition, including primers and propellants for handloading. Making stable, uniform smokeless propellant starting from raw cellulose and over-the-counter chemicals is a huge investment of skill and effort. Making black powder is more tractable but still a lot of effort.

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

#185
post #142

Earlier 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.

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

#186
post #161

Earlier 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.

Sig's recent P320 system is another obvious example, where they've completely modularized the fire control group, allowing that to be swapped freely between multiple grips, calibers, and even form factors.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#187
post #161

Earlier 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.

The Glock 17 was introduced 39 years ago, not quite 50 years but still.

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

#188
post #163
post #102

Honest 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

Dont forget the hundreds of years of engineering required just to get to the 1911. It's not like the 1911 was pooped out one day. Pistol and revolver engineering is amazing for the fact reliability and predictability are the forefront of needs. Everything else is technically optional. It's and industry that's standing on the shoulders of giants without a doubt.

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

#189

Earlier 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.

Works for me. Full-auto for the whole tribe!

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#190

Earlier 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.

Or you could simply add additional penalties for commiting actual violent crimes with weapons, which we already do. See, for example, strongarm robbery vs armed robbery. That way criminals are punished for misuse of firearms while law abiding owners don't have their rights infringed.
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