Whitney and his business partner, Phineas Miller, spent a significant portion of their resources on legal battles to defend their cotton gin patent. Widespread infringement severely hampered their ability to generate revenue.

The U.S. government contract for muskets provided Whitney with a vital source of funding and allowed him to establish his armory in Hamden, Connecticut.

Whitney's gun manufacturing business eventually became profitable, providing him with financial stability and allowing him to invest in further technological advancements.

Whitney continued to pursue various business ventures throughout his life, leveraging his inventive talents and entrepreneurial spirit.