News

Colt To Buy LWRC for $60 Million

OptimusPrime

The Firearms Blog reports that Colt Holding Corporatiom will be finalising a deal to buy LWRC International for US$60 Million by the 1st of March 2014. As part of the deal, LWRC will also be relocated to Florida or Texas for less regulations on firearms manufacturing and perhaps for taxation purposes.

Also, the LWRC M6 Series is said that it will carry the Colt Brand. We don't know if the LWRC name will be retained or the Colt brand will be the final name to be used after the buyout.

Will there be implications in the airsoft licensing agreements as the Colt brand is licensed to Cybergun? LWRC licensed the use of its name to KWA and Classic Army. With Classic Army shedding any use of brands from Cybergun, they might have to remove the LWRC name also in their products.

The Latest News

Feature Story

Airsoft Guns and Gear Reviews