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The Canadian company Colt Canada (formerly Diemaco) licensed production of a rifle (Colt Model 715) and carbine (Colt Model 725), but later went on to produce an entire line of AR-15/M16 pattern weapons developed independently. In May 2005, Colt's Manufacturing Company acquired Diemaco, and the name was changed to Colt Canada.
This AR-15 style–pistol has a shorter barrel and has no buttstock. An AR-15–style pistol is a handgun assembled using an AR-15–style receiver with suitable parts to create a pistol held and fired with one hand.
The AR-15 uses an L-type flip, aperture rear sight and it is adjustable with two settings, 0 to 300 meters and 300 to 400 meters. [16] The front sight is a post adjustable for elevation. The rear sight can be adjusted for windage. The sights can be adjusted with a bullet tip or pointed tool. The AR-15 can also mount a scope on the carrying handle.
The OA-93 is an AR-15 derivative pistol manufactured by Olympic Arms.Lacking a buttstock or buffer tube, the OA-93 disperses recoil through a specially designed flat top upper receiver similar to the Armalite AR-18.
Because of the pressures associated with the 5.56×45mm, it is not advisable to fire 5.56×45mm rounds in an AR-15 marked as .223 Remington, since this can result in damage to the rifle or injury to the shooter. [1] The AR-15 can be chambered in many other calibers; it is then often referred to as an AR-15 style rifle.
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In the past, the company had marketed rifles and shotguns made by other manufacturers, but had not manufactured a long gun in house since World War II to fulfill a British military contract. Smith & Wesson made this entry into the long gun market because it was estimated in 2007 as a $1.1 billion market, 80% larger than the U.S. handgun market.