Exhibit 21

SUBSIDIARIES OF REGISTRANT

Colt Defense’s subsidiaries as of October 3, 2010, are listed below. Colt Finance Corp. does not have any subsidiaries.

SUBSIDIARIES

	Percent Owned			State or Country of
	Directly or			Organization or
	Indirectly			Incorporation
Colt Canada Corporation		100	%	Canada
Colt Finance Corp.		100	%	Delaware
Colt Rapid Mat LLC		100	%	Delaware