Colt Suspending Production Of AR-15 Rifles For Civilians
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The company is suspending production of certain rifles, including the AR15, for the civilian market due to excess manufacturing capacity and adequate supply. The CEO noted a decline in rifle sales and high demand from military and law enforcement. Recent mass shootings have intensified calls for gun control, with political figures like Beto O'Rourke advocating for stricter measures against firearms like the AR15.
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