During the investigation, Franey expressed to multiple witnesses his support for ISIS, his intentions to kill non-Muslims and his desire to get guns.
Taxpayers have paid more than $120 million in subsidies to attract firearms makers to their states since 2013.
Kalashnikov, manufacturer of the well-known AK-47, will begin assembling its rifles in Florida, following recent approval by the city of Pompano Beach.
Some of the spokeswomen we were lucky enough to meet and chat with at SHOT Show 2016
Our first ever Booth Bros gallery featuring some of the hottest guys at SHOT Show 2016
Colt said it has pulled itself out of bankruptcy Wednesday after compromising with creditors over a plan to engage the final steps of the process.
A federal court confirmed a plan to reorganize Colt in a way that’s agreeable for stakeholders and guide the company through its final steps out of bankruptcy.
While the complaint has been sealed off from the public, court documents reveal a solicitation number to a 2014 notice by the Army requesting 292,000 M4 carbines.
President Obama last week signed the NDAA into law, which, among other pro-gun reforms, will allow the Civilian Marksmanship Program to sell surplus Army .45s.
Along with a court-approved plan to bring it out of bankruptcy, Colt released projections showing sales growing by $85 million after four fiscal years.