“Colt’s Not Pulling A Wal-Mart”: Reactions To Colt’s AR-15 Decision

By Cam Edwards

With Colt announcing it’s suspending production of AR-15’s for the civilian market, there’s obviously a lot of concern among gun owners that this represents some sort of anti-gun move. According to Colt CEO Dennis Veilleux in his statement announcing the suspension of rifle production for the civilian market, the move is a financial one, not any signal of support for gun control, and the industry officials I’ve spoken with say that is indeed the case.

One individual in the firearms industry, speaking on condition of anonymity, told me that Colt is “not pulling a Wal-Mart or a Dick’s”, but that they’re simply trying to stay healthy financially, noting that Colt’s price point for AR-15’s puts them in competition with higher-end manufacturers like Daniel Defense.

Others in the industry say they wouldn’t be surprised to see Colt re-enter the civilian market at some point in the future, though they couldn’t predict when that might be. Veilleux certainly left that door wide open in his statement, noting “at the end of the day, we believe it is good sense to follow consumer demand and to adjust as market dynamics change.”

Unfortunately, some media outlets like ABC News are intent …Read the Rest

Source:: Bearing Arms