John Matrix (Arnold Schwarzenegger) takes a Beretta 92SB from the arsenal hidden in his tool shed and tucks it in his belt. Though he never gets to use it and it disappears from his belt when he crashes his car.
Desert Eagle Mark I
A matte stainless Desert Eagle Mark I is the sidearm carried by Matrix during the assault on Arius' mansion.
Colt Combat Commander Series 70
Major General Franklin Kirby (James Olson) carries a Colt Combat Commander Series 70 in his holster when Matrix surprises him and pulls the gun out and points it at him.
Some of Arius' men use Colt M1911A1s as their sidearms.
Detonics ScoreMaster
A Detonics ScoreMaster is the sidearm carried by Bennett (Vernon Wells). During the final showdown with Matrix, Bennett shoots him in the arm with this pistol.
Cooke (Bill Duke) tries to shoot Matrix with a Smith & Wesson Model 67, the stainless version of the Model 15, while fighting with him in Sully's hotel room.
Submachine Guns
Uzi
One of the weapons used by Matrix is the full-size IMI Uzi. He uses the Uzi when stealing the seaplane to reach Arius' compound and during the final battle.
Uzi Pistol
An Uzi Pistol is also carried by Bennett (Vernon Wells) during a last-ditch effort against Matrix.
Ingram MAC-10
The MAC-10 submachine gun is used by Cooke (Bill Duke) and Diaz (Gary Cervantes) at the beginning of the film, killing members of Matrix's old Special Forces unit.
One of Arius' men is seen firing a Heckler & Koch HK94A3 with the 16" barrel chopped down and converted to full-auto to resemble an MP5A3. The only feature seen to note this is the lack of the three barrel lugs on the barrel.
Rifles
Heckler & Koch HK91A2
During the attack on his home that results in the kidnapping of his daughter Jenny (Alyssa Milano), John Matrix (Arnold Schwarzenegger) retrieves a Heckler & Koch HK91 from the armory in his tool shed to fend off the attackers. Since the receiver has only two fire positions (Safe and Fire), it is the semi-automatic HK91 rather than the select-fire G3.
M16A1
There are numerous appearances of M16A1 rifles in the film; used by U.S. military personnel as well as some of Arius' (Dan Hedaya) men, one of which Matrix commandeers and uses as well. Most of the M16 rifles seen have 20-round magazines, but some have 30-round magazines. Throughout the final battle, the rifles in the hands of actors and stuntmen change from original M16 (SP1) rifles to M16A1 rifles and back again.
M16/SP1
The original M16 Rifle (also known as the Colt SP1 rifle) is used, as denoted by the 'slab side' upper receiver (minus the forward assist). The three-pronged flash-hider, however, is replaced with an A1 birdcage flash-hider in many of the rifles.
M16 with A2 handguards
South American police officers are seen with M16 (Colt SP1) rifles outfitted with A2 handguards to look like the M16A2 Rifle. Kirby's men at the end of the film are also seen with these rifles.
MGC M16
MGC M16 metal replicas are used by every soldier/combatant carrying an M16 when they are doing stunts or pointing the muzzle directing at someone without firing. The MGC replicas can be differentiated from the actual M16s as the replicas have three-pronged flash-hiders (however they are mounted upside down) and their 20-round magazines are blued, not Colt anodized gray. The replicas were probably used so extensively for safety purposes.
CAR-15
General Kirby's men, who are assigned to protect Matrix and his daughter, are armed with CAR-15 carbines. Not XM177s/Colt Commandos, they look to be commercial CAR-15 clones due to the length and shape of their 'fake' XM177 suppressor/flash-hider.
Ruger Mini-14 GB
Arius' men use Ruger Mini-14 GBs with factory folding stocks. Several of them are seen firing at Matrix and a few are seen dying with their Ruger rifles. Some are stainless steel models, others are blued models.
Steyr AUG
A Steyr AUG is first seen on the wall of the hidden armory in the 'surplus store' and is among the weapons carted out by Cindy, but never used by Matrix. During the raid on the compound, Arius (Dan Hedaya) attempts to take out Matrix using a Steyr AUG bullpup rifle. Both are likely the same prop rifle.
AKM
Throughout the film, some of Arius' men are seen using AKMs.
Shotguns
Remington 870 (customized with LPC sight)
A Remington 870 shotgun is used by Matrix during the raid on Arius' compound. The gun has a long barrel with a specialized under-barrel laser sight that is often confused with an extended magazine tube. However, in the film, the shotgun actually changes (continuity error) several times in the sequence, sometimes the forend looks different and the sling changes from being slung over the barrel to over the magazine tube. Since the film had many continuity errors with the other guns, it makes being 100% sure of the shotgun type difficult.
The laser sight is specifically made for the Remington 870 shotgun by the Laser Products Corporation (later Surefire). This is the same type of laser sight used in The Terminator and Wanted: Dead or Alive. The laser sight is easily distinguished by the proprietary LPC "clamp" as well as the actual sight's "bell-shaped" end.
Remington 870 (Police Magnum)
When Matrix is apprehended, a police officer is briefly seen armed with what appears to be a Remington 870 fitted with an extended magazine tube.
Mossberg 500AT
Mossberg 500AT shotguns are carried by LA police officers who confront Matrix at the surplus store.
Franchi SPAS-12
Another weapon seen being carried by Arius' men, but not used in combat is the Franchi SPAS-12.
Machine Guns
Valmet M78/83
One of the weapons used by Matrix during the assault on Arius' base, the Valmet M78 is a Finnish light machine gun similar in appearance to the RPK, the main difference being a different muzzle brake, front sight assembly, and many other structural differences. The Valmet M78 light machine gun has a standard "RPK style" buttstock. The later Valmet M78/83 has a synthetic thumbhole "Dragunov style" stock. This is the model used in the film. The Valmet M78 series of light machine guns came in 7.62x51mm (.308) and 7.62x39mm calibers.
M60E3
The M60E3 machine gun first appears as one of the weapons in the armory hidden in the surplus store. Matrix attempts to take one before he's apprehended by the police. The M60E3 later is used by one of Arius' men on a tool shed and then is commandeered and used by Matrix. The M60E3 used in the film had a shorter barrel, several inches shorter than the standard M60E3.
M60
One of Arius' men is seen guarding his mansion armed with an M60 machine gun. One is also seen in the sporting goods store armory.
Launchers
M202 FLASH (prop)
Another weapon used by Matrix during the final battle, the M202 FLASH is the 4-barreled rocket launcher first seen being used by Cindy (Rae Dawn Chong) to flip the police van carrying Matrix after he's arrested for raiding a sporting goods store for supplies - apparently she decided the best way to rescue him was to blow up the vehicle he was riding in. The weapon in the film is a boxy prop replica rather than a real M202: due to the film being one of the most well-known depictions of an M202, a number of other non live-action works contain M202s based on this prop rather than the real weapon.
Fake M203 grenade launcher
One of Arius' men on the rooftop uses what appears to be a Colt AR-15 with a Fake M203 Grenade Launcher attached. This appears to be the same configuration seen in Scarface and would later be used by Schwarzenegger in 1987's Predator.
FIM-43 Redeye
What appears to be a FIM-43 Redeye is seen in the hidden armory in the surplus store.
During the assault on Arius' compound, Matrix also carries several M67 hand grenades. He is seen tying these to his vest by the pin, presumably to be able to pull the pin and toss them with one hand. This is a very bad way to carry grenades and anyone with basic military training will agree, this is NOT how to carry them. When carried by the pin, several safety hazards are present. One of Arius' men tosses a grenade at Matrix during the final battle, sending Matrix flying through the air.
M18A1 Claymore
Just before starting the final battle, Matrix plants what appear to be several M18A1 Claymore anti-personnel mines on the grounds of the complex, and triggers it remotely during the battle. Though the M18A1 Claymore is an anti-personnel mine, the ones in the film are strong enough to vaporize an entire building, indicative of the 'exaggeration' of Hollywood films. The M18A1 Claymore mines depicted are not real (of course NONE are real in films), however the ones in this film are even more 'customized' than usual. They are plastic casts of the M18A1 and fabricated to take an internal radio receiver (and custom detonator). In reality, the M18A1 would be a self-enclosed unit, two plastic halves enclosing the explosive and steel balls (shrapnel), and would not have room to add on an internal radio unit.
Hidden Armory
In search of weapons and supplies, Matrix goes to a sporting goods store and opens up a secret armory behind the wall, revealing hundreds of guns inside. The ones most obvious are: