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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private equity investment firm.
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group.
Palmetto State Armory also produces a line of 1911 handguns, [5] AR-10 rifles, 9mm AR-style pistols [6] and various AR style rifled-uppers ranging in caliber and cartridge dimensions from .22 Long Rifle to .308 Win/7.62x51 NATO. Their latest offering, is the PSA Dagger pistol chambered in 9mm, which is based on the 3rd generation Glock G19. [7]
A few manufacturers have made full upper receivers, [44] or even "bufferless" bolt carrier systems where the buffer system is wholly contained in the upper receiver, and therefore does not use the buffer tube, which allows for firing while the stock is in the folded position, or removal of the stock altogether.
The AK-47 was designed to be a cheap, simple, easy-to-manufacture assault rifle, [222] perfectly matching Soviet military doctrine that treats equipment and weapons as disposable items. [282] As units are often deployed without adequate logistical support and dependent on "battlefield cannibalization" for resupply, it is more cost-effective to ...
When first introduced in 1956, the AR-10 used an innovative combination of a straight-line barrel/stock design with phenolic composite, a new patent-filed gas-operated bolt and carrier system and forged alloy parts resulting in a small arm significantly easier to control in automatic fire and over 1 lb (0.45 kg) lighter than other infantry ...
Pennsylvania (/ ˌ p ɛ n s ɪ l ˈ v eɪ n i ə / ⓘ PEN-sil-VAY-nee-ə, lit. ' Penn's forest country '), officially the Commonwealth of Pennsylvania [b] (Pennsylvania Dutch: Pennsilfaani), [7] is a U.S. state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.
Upper St. Clair Township was further subdivided throughout the 19th and 20th centuries as several parts of the original township separated to form new townships and boroughs. In 1973, Upper St. Clair Township adopted a home rule charter that took effect on January 5, 1976, and is no longer governed by the Pennsylvania Township Code. [5]