2aHawaii
General Topics => General Discussion => Topic started by: Bunker on July 29, 2013, 10:03:37 PM
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HK owes about $160 million, just shy of $10 million more than they’re currently worth. But the company isn’t worried, despite their recent status downgrade by Moody’s, as they have also just landed a major machine gun contract. Starting in 2015, the German military is going to begin wide-spread adoption of the MG5, aka HK 121, a medium machine gun chambered for 7.62 NATO. Read More: http://www.guns.com/2013/07/23/heckler-koch-deeply-in-debt-not-worried-major-military-contract-inbound/ (http://www.guns.com/2013/07/23/heckler-koch-deeply-in-debt-not-worried-major-military-contract-inbound/)
HK 121 Medium Machine Gun - #ShotShow - Shot Show 2013 - HK121 (http://www.youtube.com/watch?v=ad4HUcin0AE#ws)
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Armalite got sold to SAC
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Well maybe if their products weren't so expensive I'd be able to help them out of their debt. ;) ;) :D :D :shaka:
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Guys it's common for large corporations to carry debt (property & equipment). Unless I see a financial sheet to the contrary I'm not worried.
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If they go under.....just think of how much are guns will be worth. ;D
I hope they stay around though. I like their stuff
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They will sell one gun and be back on the road to financial freedom.
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HK going out of business? been like that for a while already... should of made your firearms cheaper!!!
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Availability of guns is always in shortage. So i dont where they are losing $$
The civilian market is always waiting for more HK toys.
And if they would make more mags available that would help.
Whoever said the germans were good at business anyway.