The 1980s were fairly good years for Colt, but the coming end of the Cold War would change all that. Colt had long left innovation in civilian firearms to their competitors, feeling that the handgun business could survive on their traditional revolver and M1911 designs. Instead, Colt focused on the military market, where they held the primary contracts for production of rifles for the US military. This strategy dramatically failed for Colt through a series of events in the 1980s. In 1984, the U.S. military standardized on the Beretta 92F. This was not much of a loss for Colt's current business, as M1911A1 production had stopped in 1945. Meanwhile, the military rifle business was growing because the U.S. military had a major demand for more upgraded M16s; the M16A2 model had just been adopted and the military needed hundreds of thousands of them.