Colt Ends Production of AR-15 for Consumer Market

By John Crump

U.S.A. –-(Ammoland.com)- Colt has produced the AR-15 for the civilian market since 1963 with the “Model R6000 Colt AR-15 SP1 Sporter Rifle”, but that is set to change. Colt announced today that they would no longer be selling or producing the modern sporting rifle to anyone outside law enforcement and the military.

Dennis Veilleux, President, and Chief Executive Officer, of Colt announced on the company’s website that they are leaving the rifle market completely for civilian sales. He reiterated the firearms giant’s commitment to the Second Amendment.

Rumors have been swirling about Colt stopping the sale of AR-15s to the general population for several weeks, but the company refused to comment. Colt said the decision to release a statement was due to misinformation that journalist was printing in their articles. The original information came from a leaked email to the firearms distributor, RSR Group.

Colt stated their reasoning is that there is “adequate supply for modern sporting rifles for the foreseeable future.” Colts were at one point the gold standard for AR-15 lovers for years. In recent years there has been an influx of new companies making AR-15s. Colt’s patents of the …Read the Rest

Source:: AmmoLand