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Name Date made public Type Process Designer Caliber AR Lower V5 [36]: 2013, March [36]: Receiver: AR-15 rifle lower receiver [36] FDM [37]: Defense Distributed [36].223 Rem/ 5.56x45: The receiver was able to handle enough stress to fire more than 600 rounds.
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.
The A model “featured forward assist devices found on the Colt 603 rifles.” The B model had a “four-position selector with burst fire as an option.” The M1 model, designed for sustained automatic fire, carried a heavy profile barrel. Colt developed a 30-round magazine for the weapon, and a bipod was designed for added stability. [6]
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]
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Olympic Arms, Inc. was founded by Robert Charles Schuetz and began as Schuetzen Gun Works (SGW) in 1956, manufacturing barrels in Colorado Springs, Colorado.Prior to that Mr. Schuetz had been partnered in business with well-known gunsmith P.O. Ackley.