![]() ![]() Earlier in 2002 Bushmaster had been the subject of a seperate civil law suit surroundng one of its rifles.īushmaster changed hands in 2006, purchased by Cerberus Capital Management. 223 Remington chambered Bushmaster rifle had been used to carryout the shooting. In 2004 paid $500,000 to Bull's Eye Shooter Supply (whom themselves had a $2.5million lawsuit to pay) in the aftermath of the 2002 Beltway Sniper Attack, due to the fact that it had been a. In more recent years the development of carbon fibre has provided Bushmaster with the means to modify their AR-15 designs to produce a clearly identifiable line of firearms. The company soon gained a contract to produce the AR-15 rifle, a move which has virtually defined Bushmaster's entire existance. In the mid-1970s the company changed its name to Bushmaster Firearms, named after the gun. ![]() A conventional gas-operated rifle was also developed from this concept. Its first product was the Bushmaster, an arm gun developed from the experimental Colt IMP. The company was originally founded in Madison, North Carolina as the Gwinn Firearms Company.
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