Yes, HSM comes in an orange box. And usually the price is good that you can't resist buying it. To be honest I actually have fired about 50 rounds of it through my AR-15. But after having witnessed two different explosions and being told by numerous people that it is crap ammunition and it makes rifles explode has convinced me to pay a little extra for ammunition.
I have attached a picture of what the ammunition looks like in the box. Like I said in a previous post...pictures make everything easier to understand.