I sure hope not. It's still listed on Garmin's website. Maybe the stores aren't carrying them anymore and list them as "discontinued" because of their webstore. I'm about to pull the trigger on one from a LE/MIL distributor.
I would be surprised since I love my 701. Maybe ask the question in the ballistic silver section since AB is in there at the time. @DocUSMCRetired hopefully can answer this question.