Typical poor business decision for Colt.
Got a product like a Python that is seeing an unprecedented surge in price and popularity? Let's end production! Got a big-bore revolver- Anaconda- that people are phoning all over the country to get? Let's end production!
They think the market is super-saturated with AR-15s and they can't be competitive? What do the other premium AR builders do? They double down on their quality, delivery, and customer service to make them more appealing to their customers!
But this is typical for Colt. In the dog-eat-dog world of competitive marketing, it's the third-rate players who throw up their arms in defeat. Winners keep trying! Very sad to see another one of the legacy marques shoot themselves in the corporate foot.
To the many manufacturers and suppliers who are dedicated to delivering products on a daily basis- no matter what their size or market share- I thank you!