DPMS Panther Arms
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DPMS (Defense Procurement Manufacturing Services) Panther Arms is a manufacturer of a wide range of military and civilian rifles located in St. Cloud, Minnesota. The rifles are chambered for the .223 Remington, 5.56x45mm NATO, .308 Winchester, .260 Remington, .300 Remington SA Ultra Mag, and .204 Ruger cartridges, among others. The company also manufactures several unorthodox rifles based on the AR-15 design, including pump-action and single-shot models, and also licenses the M16A1 Spring Airsoft Rifle produced by Soft Air.
The company attracted attention within the firearms industry with its version of the AR10, the "Panther LR-308", earning the NRA Publication's magazine "Shooting Illustrated" 2005 Golden Bullseye Award for Rifle of the Year. In 2006 the "Panther LR-308AP4" earned the NRA Publication's magazine "American Rifleman" Golden Bullseye Award for "Rifle of the Year".[1] In 2008, DPMS introduced the LR-338 chambered in the .338 Federal cartridge[2].
DPMS Panther Arms announced its acquisition by the private investment firm Cerberus Capital Management in December 2007[3]. The company joins Bushmaster Firearms, Inc., Remington Arms and Cobb Manufacturing in Cerberus's portfolio of firearms manufacturers.
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