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The Colt AR-15 is a product line of magazine-fed, gas-operated, autoloading rifle manufactured by Colt's Manufacturing Company ("Colt") in many configurations. [1] The rifle is a derivative of its predecessor, the lightweight ArmaLite AR-15, an automatic rifle designed by Eugene Stoner and other engineers at ArmaLite in 1956.
Randy Luth founded Defense Procurement Manufacturing Services (DPMS) in 1985 in Osseo, Minnesota, as a precision machine shop for manufacturing M203, M14 and M16 parts for U.S. military contracts. In the later 1990s, the company employed 30 people selling Colt 1911 and AR-15 parts and accessories and moved the company to Becker, Minnesota.
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.
Colt's Manufacturing Company, LLC (CMC, formerly Colt's Patent Firearms Manufacturing Company) is an American firearms manufacturer, founded in 1855 by Samuel Colt that has become a subsidiary of Czech holding company Colt CZ Group. It is the successor corporation to Colt's earlier firearms-making efforts, which started in 1836.
Colt manufactured their first batch of 300 Colt ArmaLite AR-15 rifles in December 1959. [41] Colt would go on to market the Colt ArmaLite AR-15 rifle to military services around the world. In July 1960, General Curtis LeMay, then Vice Chief of Staff of the United States Air Force, was impressed by a demonstration of the AR-15 and ordered 8500 ...
Though the company folded after the war, in 1996, a new Henry Repeating Arms was revived, dedicated to hand-crafting high-quality lever-action rifles using American materials and techniques.
The first version produced for commercial sale by Colt was the SP1 model AR-15 Sporter in .223 Remington, with a 20-inch (51 cm) barrel and issued with five-round magazines. [21] Initial sales of the Colt AR-15 were slow, primarily due to its fixed sights and carry handle that made scopes difficult to mount and awkward to use. [84]
Gunmaker Colt bought the manufacturing rights to the AR-15 in 1959. Most of the patents on the gun expired in the 1970s, allowing other gun companies to build their versions.