Sorry, Beto — it had nothing to do with you! And it has nothing to do with gun control. READ MORE
SOURCE: NBC News et al.
Last Thursday, Colt Manufacturing’s announced that it will no longer sell AR15 firearms to civilians. While many gun control advocates celebrated Colt’s decision as a victory, it had nothing to do with a shift in Americans’ attitudes toward assault rifles. The gun-maker said the decision is purely market-driven and made no mention of any public pressure. With poor civilian sales and a multimillion-dollar military contract, Colt’s announcement is strictly business rather than a signal.
In a statement posted on the company’s website Thursday, Colt’s CEO Dennis Veilleux explained that it was stopping production of civilian sporting rifles due to “significant excess manufacturing capacity” in that market and low consumer demand for Colt’s products. The company will instead shift production to fulfill “high volume” military and law enforcement contracts.
“Colt has been a stout supporter of the Second Amendment for over 180 years, remains so, and will continue to provide its customers with the finest quality firearms in the world,” Veilleux said. The CEO said the company would continue to supply consumers with pistols and revolvers and did not rule out returning to civilian production of rifles in the future. Colt reportedly has about 110 days of inventory in its distribution network. Its website lists all rifles as “out of stock.”
Shortly after Colt issued the statement, the Department of Defense announced a $41.9 million Army contract with the company to produce M4s for U.S. allies.
Of course, gun control celebrities celebrated what they ignorantly perceived as a victory.
Democratic presidential candidate Beto O’Rourke tweeted the news alongside an image of him as the National Rifle Association’s “AR-15 salesman of the month,” suggesting Colt’s decision reflected declining sales of the weapon. O’Rourke made waves in the last Democratic debate by saying he would take away Americans’ AR15s and AK-47s.
CHECK OUT THE TWEETS
(Colt Firearms just announced they’re stopping production of AR-15s:
Possibly even of the year…
March For Our Lives, the student movement founded after the Parkland, Florida high school massacre, tweeted about the news. “This is real life. We’re winning.”
Shannon Watts, founder of Moms Demand Action cited the “lack of public demand” for the AR-15 tweeting, “The @NRA’s #TrumpSlump is the gift that keeps on giving.”
In fact, despite one of the country’s oldest gun makers pulling out of the civilian rifle market, overall gun sales have increased in recent months and in recent years, so have the number of AR15 buyers and sellers.
Firearm sales have steadily risen in the past two years and last month manufacturers posted their second-best August on record, according to data from the National Shooting Sports Foundation (NSSF).
According to a 2018 Gallup Poll, support for an assault weapons ban dropped in the years following the mass shooting in Las Vegas. The poll showed 40% favored a ban and 57% opposed it. The level of opposition was close to the 2016 record high of 61% of Americans who said they did not support a ban.