Which riffle on which SIG SG 550 is based is a 5.56×45mm NATO assault rifle developed in the early 1970s by Schweizerische Industrie Gesellschaft?
SIG SG 550 The SG 550 is an assault rifle manufactured by Swiss Arms AG (formerly a division of Schweizerische Industrie Gesellschaft now known as Sig Holding AG) of Neuhausen, Switzerland. "SG" is an abbreviation for "Sturmgewehr", or "assault rifle". The rifle is based on the earlier 5.56mm SG 540 and is also known as the Fass 90 ("Fusil d'assaut" 90/"Fucile d'assalto" 90) in French/Italian or Stgw 90 in German ("Sturmgewehr" 90). 
.50 BMG The .50 Browning Machine Gun (.50 BMG, 12.7×99mm NATO and designated as the 50 Browning by the C.I.P.) is a cartridge developed for the Browning .50 caliber machine gun in the late 1910s. Entering service officially in 1921, the round is based on a greatly scaled-up .30-06 cartridge. Under STANAG 4383, it is a standard cartridge for NATO forces as well as many non-NATO countries. The cartridge itself has been made in many variants: multiple generations of regular ball, tracer, armor-piercing (AP), incendiary, and saboted sub-caliber rounds. The rounds intended for machine guns are linked using metallic links.