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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.
The ArmaLite AR-15 [note 3] is a gas-operated assault rifle manufactured in the United States between 1959 and 1964. [10] Designed by American gun manufacturer ArmaLite in 1956, it was based on its AR-10 rifle.
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] Military development of compact military AR-15 carbines encouraged production of a 16-inch (41 cm) barreled civilian SP1 carbine with a collapsible buttstock beginning in 1977.
Initially all Colt civilian weapons were listed with an “R” prefix, with this changing to “AR” following the passage of the Federal Assault Weapons Ban in 1994. Colt also produced a line of weapons aimed at target shooters under the “MT” prefix, which stood for Match Target, as well as, the Colt Accurized Rifle, which was the only ...
Stoner was born in Gosport, Indiana, on November 22, 1922.He moved to Long Beach, California where he graduated from Long Beach Polytechnical High School.In 1939, after the Depression, there was not enough money for him to attend college, so he went to work as a machinist for Vega Aircraft Company, the forerunner of what became Lockheed Airplane Company (now the Lockheed Martin Corporation).
“After more than 40 years of business, it is with great sorrow that we announce that February 28th, 2017 will be the last day of operation for Olympic Arms, Inc,” noted the company on social media, January 26, 2017. Despite that announcement, they continued to sell parts and fill orders in a limited capacity until 2020.
WASHINGTON (Reuters) -U.S. manufacturing contracted at a moderate pace in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs.
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