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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private
Now, USA TODAY and Fox News report that the manufacturer of the popular semi-automatic rifle, valued for its customizability and low cost, was DPMS “Panther Arms,” which is currently based in ...
The Type CQ is an unlicensed Chinese variant of the M16 rifle manufactured by Norinco. [3] According to the Norinco website, the rifle is officially known as CQ 5.56. [4]It can be distinguished from other AR-15 and M16 pattern rifles by its long, revolver-like pistol grip, somewhat rounded handguards, and the unique shape of its stock.
DPMS Panther Arms: DPMS Panther Arms: United States Civilian FAMAE: Fábricas y Maestranzas del Ejército Chile Military, security FB "Łucznik" Radom: Polska Grupa Zbrojeniowa Poland Civilian, military FM Fabricaciones Militares Fabricaciones Militares: Argentina Civilian, law enforcement, military, security Feinwerkbau: Feinwerkbau GmbH ...
Under Cerberus's direction, Bushmaster Firearms acquired Cobb Manufacturing, a manufacturer of large-caliber tactical rifles, in August 2007. Cerberus also acquired DPMS Panther Arms on December 14, 2007. [84] [85] Remington Arms acquired Marlin Firearms in January 2008.
In 2015, the families of nine victims of the 2012 Sandy Hook Elementary School shooting—in which 20 children and six adult staff were fatally shot—and a teacher who was shot and survived, filed a wrongful death lawsuit against Remington, a firearms wholesaler, and a firearms dealer, seeking a jury trial to recover unspecified damages.