1. 2aHawaii
  2. General Topics
  3. General Discussion
  4. Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
Print
Pages: [1]

Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound (Read 3400 times)

Bunker

Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« on: July 29, 2013, 10:03:37 PM »
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/

Logged

SpeedTek

  • Trade Count: (+44)
  • Hero Member
  • *****
  • Posts: 4749
  • Total likes: 126
  • Car Nut, Machinist, Gunsmith & Monkey
  • Referrals: 2
    • View Profile
    • X-Ring on the WWW
Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #1 on: July 29, 2013, 11:21:39 PM »
Armalite got sold to SAC
Logged
Political Correctness is FOS
I collect M1 Carbines, PM me if youre selling!
& Bolt Action 308s also 10/22 Rugers.
Buying STOCK Ruger 10/22 parts and bits, PM me.
Now doing Vintage VW Parts!

SOLEsource684

Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #2 on: July 30, 2013, 09:03:32 AM »
Well maybe if their products weren't so expensive I'd be able to help them out of their debt.  ;) ;) :D :D  :shaka:
Logged

GZire

Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #3 on: July 30, 2013, 12:52:35 PM »
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.
Logged

pantyhamster

Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #4 on: July 30, 2013, 03:27:19 PM »
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
Logged

Funtimes

Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #5 on: July 30, 2013, 05:13:09 PM »
They will sell one gun and be back on the road to financial freedom. 
Logged
Check out the Hawaii Defense Foundation.
HDF on Facebook
Defender of the Accused in Arkansas Courts
Posts are not legal advice & are my own, unless said so.

ACADEMI

  • Guest
  • Trade Count: (0)
Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #6 on: July 30, 2013, 06:02:05 PM »
HK going out of business? been like that for a while already... should of made your firearms cheaper!!!
Logged

SpeedTek

  • Trade Count: (+44)
  • Hero Member
  • *****
  • Posts: 4749
  • Total likes: 126
  • Car Nut, Machinist, Gunsmith & Monkey
  • Referrals: 2
    • View Profile
    • X-Ring on the WWW
Re: Heckler & Koch Deeply in Debt, Not Worried, Major Military Contract Inbound
« Reply #7 on: July 30, 2013, 06:12:24 PM »
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.
Logged
Political Correctness is FOS
I collect M1 Carbines, PM me if youre selling!
& Bolt Action 308s also 10/22 Rugers.
Buying STOCK Ruger 10/22 parts and bits, PM me.
Now doing Vintage VW Parts!
Print
Pages: [1]
« previous next »