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December 01, 2015 5:16 AM ET

Aerospace and Defense

Company Overview of Colt Defense LLC

Company Overview

Colt Defense LLC researches, develops, manufactures, and sells firearms for military, personal defense, and recreational purposes in the United States and internationally. Its products include handguns, such as pistols and revolvers; and long guns and regulated offerings comprising military and law enforcement products, and commercial rifles and carbines. The company provides M4 carbine and M16 rifle products, including M4 commandos, C8 carbines, C8SFW, C7 rifles, infantry automatic rifles, sub-compact weapons, and the 9mm submachine guns, as well as precision bolt action rifles and grenade launchers. It also produces and provides spare parts and accessories to repair, replace, and upgrade f...

547 New Park Avenue

West Hartford, CT 06110

United States

811 Employees





Key Executives for Colt Defense LLC

Chief Executive Officer and President
Age: 68
Chief Financial Officer and Senior Vice President of Finance
Age: 49
Senior Vice President and General Counsel
Senior Vice President of Commercial Programs
Senior Vice President of Government & Military Programs
Compensation as of Fiscal Year 2015.

Colt Defense LLC Key Developments

Colt Defense LLC Wins $212 Million Federal Contract

Colt Defense LLC was awarded a share of a $212 million federal contract by the U.S. Army Contracting Command, Picatinny Arsenal, New Jersey, for M4 and M4A1 carbines for the U.S. Army and others.

Colt Defense LLC Announces Unaudited Preliminary Earnings Results for the First Quarter Ended April 5, 2015

Colt Defense LLC announced unaudited preliminary earnings results for the first quarter ended April 5, 2015. For the quarter, the company’s net sales were $41,511,000 compared to $50,080,000 a year ago. Net loss was $20,753,000 compared to $7,946,000 a year ago. Adjusted LBITDA was $6,246,000 compared to adjusted EBITDA of $3,076,000 a year ago.

Colt Defense Up for Sale

Colt Defense LLC filed for bankruptcy protection on June 14, 2015 and has put itself up for sale in an unusual auction with an opening proposal from its current owner. An affiliate of private equity firm Sciens Capital Management has proposed buying Colt Defense CDEFHC.UL by assuming obligations including up to $105 million in outstanding loans and as much as $20 million in new loans, court documents filed on Monday show. The so-called stalking horse bid does not involve any cash and sheds $250 million in bonds.

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