Seems kind of funny though, last I heard Colt still had the contract for the M240 family of weapons, which is an FN design; and now FN will make the M4, along with continuing to produce the M16 series, a weapon system Colt had a huge part in.
On a side note, the best rifle (in my mind) that I was ever issued had an FN built A2 upper and barrel on a rebuilt Colt
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