H & K on the rocks financially

[tector]

https://www.militarytimes.com/off-duty/ ... e-straits/

"In fact, the situation is so bad that, as The Firearm Blog reported just last month, H&K employees jointly voted to increase weekly work hours without paid overtime, as well as nixed a one-off payment of 400 Euros per head for the month of July, so as to provide their beleaguered company some form of relief.

H&K’s financial woes stem primarily from diminishing sales, so much so that FY2018 would have seen the company tank had it not been for “two bridging loans from an unnamed major shareholder.”

[NorincoKid]

They should auction off the contents of "The Grey Room"

Probably a metric shit ton of money hanging on the walls in there.

[CDI]

sound like the german version of colt. maybe they need to start selling the good stuff to civilian market. MP7's would be sweet

[Chigger]

More bad management.

[lakelandman]

Meh, H&K is a small company seen this ever so few years nothing new yet still around.

[Skoll]

Expand their US production and offer their sub guns at Sig MCX prices and I bet they wouldn't have financial issues.

[SteyrAUG]

More bad management.

Actually the problem is HK is not a private entity, but partly government owned and subject to all manner of ridiculous export laws. Imagine if Congress was "part owner" of Colt and got to vote on who they can and can't sell guns to. This is basically the problem with HK. When you factor in our absurd import laws, even if they were allowed to sell us whatever they wanted, we still couldn't import most of it.

I'm actually a bit surprised that they were able to bring in the SP5 series. But German laws view export of handguns more favorably than rifles.