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I think FN has a lot of the US military contracts now, so it that might help explain why
by milesdyson_phd 6y ago
I think FN has a lot of the US military contracts now, so it that might help explain why
- cinntaile 6y agoBut FN is a Belgian gun manufacturer, how does this relate to CZG from the Czech Republic?
- sueders101 6y agoColt used to sell many rifles to the US military. They lost that business to FN. And with that they lost a lot of value.
- mallomarmeasle 6y agoAs pointed out downthread, Colt lost military contracts to FN, decreasing stock value
- cinntaile 6y agoThat makes sense, thanks for the clarification.
- groby_b 6y agoHow does FN enter here? I thought they're owned by the Belgian government?
- aksss 6y agoreduced valuation of Colt