November 29, 2014 1:58 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
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 Enters into New $70 Million Senior Secured Term Loan Facility

Colt Defense LLC announced that it has entered into a new $70 million senior secured term loan facility with Morgan Stanley Senior Funding Inc. (MS Facility). Proceeds from the MS Facility will be used to repay all amounts outstanding under the company's existing term loan agreement dated as of July 12, 2013 and provide additional liquidity, including to allow the company to make the $10.9 million interest payment due November 17, 2014 under the indenture governing its existing senior notes. The credit agreement governing the MS Facility provides for the accrual of interest on an 8% cash and 2% payment-in-kind basis; and will mature no later than August 15, 2018. The lenders under the company's existing credit agreement dated as of September 29, 2011 (ABL Credit Agreement) have also agreed to amendments to the ABL Credit Agreement necessary for the company to enter into the MS Facility.

Colt Defense LLC announced delayed 10-Q filing

On 11/12/2014, Colt Defense LLC announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Colt Defense LLC, Q2 2014 Earnings Call, Sep 16, 2014

Colt Defense LLC, Q2 2014 Earnings Call, Sep 16, 2014

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