[Sean C]

Action Force Red Shadows Battle Gear (accessories pack) is a strong possibility. The thick handle I think was only Hasbro molds (Palitoy used Hasbro molds for some items), not Galoob's rip off.

However, that mortar mold was bootlegged and used in 1980's GI JOE knock-offs that used the A-Team figure bodies and accessories, going by the names Commando Ranger/Demon Ranger and others that I cannot remember right now. I cannot recall seeing a red version of those, but those things aren't well documented.