I recently picked up a new in box ban era (barrel date is January 1998) MT6530 Match Target Lightweight rifle. I noticed that this rifle had a stock storage door with a plastic latch and no hinge. This is the first time that I have seen one of these completely plastic door assemblies.
I did these two quick shots (below) of the stock storage doors. When looking at the head-on stock view, you can see the differences in hinge configurations and latches…the all plastic/no hinge door on the MT6530 compared to the more substantial door on my AR15A4 that has a metal latch and a hinge with metal internal pin.
I don’t believe the plastic latch/no hinge door would have much durability. Colt probably counted on the fact that these stock storage compartments aren’t often used in the civilian market.
A Czech firearms manufacturer buying Colt Holding Co. is delaying plans for a new production site in Arkansas as it focuses on Connecticut, but will not soon increase the West Hartford workforce of 300, a top executive said Monday.
Jan Drahota, vice-chairman of the board of CZG–Česká zbrojovka Group, said at a news conference the company had been looking for another production base in the U.S. and settled on a site in Little Rock, Arkansas.
With the purchase of Colt for $220 million in cash and more than 1 million shares of the Czech company, valued at $20.3 million as of Monday, CZG will instead focus on Colt’s West Hartford site and Colt Canada Corp., the company’s Ontario subsidiary.
CZG is putting off the Little Rock project for three to five years, depending on market conditions.
“Colt is a big undertaking,” he said. “We decided to postpone construction in Little Rock to dedicate our resources in Connecticut and Canada.”
CZG has ruled out “dramatically increasing” the workforce, saying it’s too early to talk about hiring, Drahota said.
The deal is expected to close by June 30. CZG will evaluate the potential to increase Colt’s production capacity, using the supply chain and investments in machinery.
Lubomir Kovařík, chairman of the board of CZG, said Colt is an “iconic brand and benchmark” for the military, commercial and law enforcement markets.
“This acquisition fits perfectly in our strategy to become the leader in our industry,” he said.
The combined group would have revenue of more than $540 million and CZG is looking to generate revenue of $1.2 billion by 2025. The acquisition of Colt is “definitely an important step on the way,” Drahota said.
Colt, which manufactures guns for the military, police and civilian customers, has designed and made firearms in Connecticut since 1847.
CZG is acquiring significant production capacity in the United States and Canada and is looking to substantially expand its global customer base, the company said. It makes firearms for military and law enforcement, personal defense, hunting, sport shooting and other civilian uses.
The transaction is subject to regulatory approval but is anticipated to close in the second quarter ending June 30.
Stephen Singer can be reached at email@example.com.Read More
I bought a small group of items from a former Colt sales rep. One of the more unique items was this Christmas card given to the sales staff in 2012.
Dimensions are 9 inches wide by 3-7/8 inches tall.
The left side inside of the card says:
“Happy Holidays! We sincerely thank you for your partnership and support of our rifle sales growth in 2012., and looking forward to continued success in 2013!” David Ridley- VP of Domestic Sales & Marketing Doug Campbell- Director of Domestic Sales
Another Gun Broker auction popped up this morning giving us a look at the ‘new’ CR6700A4 in more detail.
Starting price for this listing was $1199.00. A ‘Buy It Now’ option was available at $1299.00. The photos do not show any barrel data detail on top of the barrel, forward of the front sight post. Unfortunately, it shows that the 20″ rifle design comes with a ‘carbine’ marked lower receiver. This was very disappointing to me.
These additional photos show that there is not a ‘C’ or CAGE code on the upper receiver either.
Overall, the rifle looks like it is of very good quality with a very nice finish. Sadly, the ‘Carbine’ marked lower makes this a challenge to consider buying.
A member sent me photos of a gorgeous NIB early R6520 AR-15A2 Government Carbine that has the old ‘Carbine’ marked lower on it. So, I put together this side-by-side image of his old Colt AR6520 lower and my CR6920 lower.
I saw a Colt CR6700A4 for sale on Gun Broker this morning.
The MSRP according to Lipsey’s is $1099.00.
That leaves a prospective buyer of paying $300 over MSRP. I am going to wait and see if I can find one at MSRP or below. Obviously this probably isn’t likely in the current market but I am going to wait and see how additional sellers price their rifles.