December 28, 2014 8:11 PM 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

Phone:

860-232-4489

Fax:

860-244-1442

Key Executives for Colt Defense LLC

Chief Executive Officer
Age: 48
Chief Financial Officer and Senior Vice President of Finance
Age: 48
Chief Operating Officer and Senior Vice President of Operations
Age: 52
Senior Vice President and General Counsel
Corporate Controller
Age: 39
Compensation as of Fiscal Year 2014.

Colt Defense LLC Key Developments

Colt Defense LLC Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 28, 2014; Provides Capital Expenditure Guidance for 2014

Colt Defense LLC announced consolidated earnings results for the third quarter and nine months ended September 28, 2014. For the quarter, the company’s net sales were $51.1 million. Net sales were down 30% or $21.9 million when compared to third quarter 2013 net sales of $73 million. Net loss was $7.8 million in the third quarter of 2014 as compared to net income of $10.9 million in the third quarter 2013. Adjusted EBITDA was $6.6 million as compared to $14.4 million in the third quarter of 2013. For the nine months, the company’s changes in operating assets and liabilities generated $6.7 million of cash. The company spent $1.7 million on CapEx. As at September 28, 2014 net debt, exclusive of restricted cash, was $303.5 million. The company expects 2014 capital expenditure levels to be in the $2 million to $3 million range for the full year.

Colt Defense LLC to Report Q3, 2014 Results on Dec 03, 2014

Colt Defense LLC announced that they will report Q3, 2014 results on Dec 03, 2014

Colt Defense LLC, Q3 2014 Earnings Call, Dec 03, 2014

Colt Defense LLC, Q3 2014 Earnings Call, Dec 03, 2014

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