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Cerberus combined DPMS with Bushmaster Firearms International, Remington Arms and Cobb Manufacturing to form the Freedom Group. [2] Remington was the company's immediate corporate parent. On December 20, 2012, Cerberus announced they were selling their Freedom Group brands, including DPMS, based on pressure from a California pension board.
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The design has been used on many AR-10 derivatives (generally referred to as AR-308 style rifles), for instance in the Knight's Armament SR-25 and DPMS Panther LR-308, as well as bolt-action rifles such as the Mossberg MVP .308, Ruger Precision Rifle and Q FIX. Aftermarket magazines are produced by Magpul, Lancer Systems, and others. [1]
[19] [16] Due to financial problems and limitations in terms of manpower and production capacity, ArmaLite sold the AR-15 and AR-10 designs and trademarks to Colt in 1959. [20] 1973 Colt AR-15 SP1 rifle with 'slab side' lower receiver (lacking raised boss around magazine release button) and original Colt 20-round box magazine
DPMS may refer to: DOS Protected Mode Services , a set of extended DOS memory management services since 1992 VESA Display Power Management Signaling , a graphics card power management standard since 1993
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They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction.
Bushmaster Firearms is the successor of Gwinn Firearms, founded by Mack Gwinn Jr. upon his return from the Vietnam War. It went bankrupt, was purchased by Richard Dyke in 1976, and moved from Bangor, Maine to Windham, Maine. [1]