Colt Suspends AR-15 Production, Shifts Focus to Military & LEO Contracts

By Tactical Life

Multiple outlets ran stories last week regarding Colt’s position on building rifles for the civilian market. While we followed this story closely last week, conflicting information didn’t quite add up in our view. So we held off in reporting.

Reports ranged in their details. One claimed the company decided to completely abandon the civilian market in order to concentrate on more lucrative military contracts. Meanwhile, other reports suggested the company merely reacted to consumer demand, choosing to focus on commercial handgun sales.

Now, we have confirmation that Colt has suspended AR-15 production due to supply and demand.

The Colt Statement on AR-15 Production

Thursday, Colt President Dennis Veilleux, President & CEO, issued a statement on the matter. It reads:

“There have been numerous articles recently published about Colt’s participation in the commercial rifle market. Some of these articles have incorrectly stated or implied that Colt is not committed to the consumer market. We want to assure you that Colt is committed to the Second Amendment, highly values its customers and continues to manufacture the world’s finest quality firearms for the consumer market.

“The fact of the matter is that over …Read the Rest

Source:: Tactical Life