This video explores the common saying that no one goes bankrupt making guns during wartime and uses the Hopkins & Allen company as a case study to prove this is not always true. During WWI, the company failed to fulfill a contract for British SMLE rifles. Subsequently, they accepted a deal to produce Belgian Model 1889 Mausers but underbid the contract, losing money on each sale. This financial mismanagement led Hopkins & Allen into receivership by March 1916, with internal disputes arising.
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