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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.
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.
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Colt's continued attempts to market the HBAR M16A1 as the Model 621 through the late 1970's without success and only a few dozen were manufactured. Colt's did eventually produce a heavy barrel civilian market semi-automatic AR-15 beginning in the late 1980's based on the M16A2 called the AR-15 HBAR that was a commercial success.
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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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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.