Don't know what Impact Guns was referring to, but here's Colt's website: Colt's Manufacturing Company LLC
I found this statement on their News page, "November 4, 2002
Colt splits in two companies
Effective November 4, 2002, Colt completed reorganizing its operations into separate military and commercial businesses. As a result Colt Defense, LLC was established to conduct the business of manufacturing and selling military products while Colt’s Manufacturing Company, Inc. will continue to manufacture and sell commercial products. The ultimate goal of this reorganization is to better position and equip each business to compete in it’s own marketplace."