Little is known about the Holloway Arms HAC-7. It was first introduced in 1984 by Bob Holloway, of Ft. Worth TX - who drew on his years of experience in Southeast Asia and Rhodesia to design this rifle.

The rifle, which was chambered in .308 Winchester, utilized converted AR-10 magazines, was inspired by the FAL, AKM, and AR-15. One of its more unique features was its offering in both left and right handed versions. From the factory, rifles shipped with the usual accessories, but one unique addition was a matching serial number belt buckle. Original pricing was $675 for the right handed version, and $725 for the lefty.

Total production numbers were less than 350 units.

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