Posted on 07/17/2020 10:55:22 AM PDT by PROCON
What caused the company to change its mind?
Colt Manufacturing Company has begun to sell its popular AR-15 modern sporting rifle to civilians again. In June, the company did a complete 180-degree turn after it had exited the civilian market for modern sporting rifles last September.
At that time, the company announced via a statement from its president and CEO Dennis Veilleux, “the market for modern sporting rifles has experienced significant excess manufacturing capacity. Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future.”
However, Colt Manufacturing, which was founded by Samuel Colt in 1855 and remains the consumer-facing brand, also reaffirmed at the time that Colt Defense would be committed to the production for the military and law enforcement market.
“Our warfighters and law enforcement personnel continue to demand Colt rifles and we are fortunate enough to have been awarded significant military and law enforcement contracts,” Veilleux added. “Currently, these high-volume contracts are absorbing all of Colt’s manufacturing capacity for rifles. Colt’s commitment to the consumer markets, however, is unwavering.”
Colt’s sudden exit from the market last year came as firearms sales had slumped, while the AR-15—which Colt didn’t actually design but bought the rights to produce from Armalite in the 1960s—had been in the spotlight after several high profile mass shootings. Even as Colt had set the standard for excellence, it had also become a highly competitive market with plenty of options for consumers.
(Excerpt) Read more at nationalinterest.org ...
The return of the 'Poverty Pony' (as some collectors phrase it ;^)...
The real question is, why does that rifle have "AR-15" stamped on its side........
What about the AR-7? I have one in my backpack for when I go hiking.
Indeed. That is why I purchased dies for calibers I do not even own. Worst case scenario you can barter the dies.
Exact description of the Cabelas here in Hamburg PA. Everything was cleared out except for those things I had no interest in buying. Bolt guns, revolvers, OU shotguns.
Only problem is, you’ll wait nine months for delivery...
Lucky I already have mine.
There’s ammo out there. You just have to look and pay exorbitant prices...
“Without ammo rifle is useless. There is no ammo.”
There is ammo. I’ve been getting plenty of it.
Hopefully they allow these *new* AR15’s to use NATO 5.56 in addition to standard .223.
*reliably use 5.56
Make. Your. Own.
Also, the best reasons in America to reelect President Trump!
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