Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Colt lands $57M contract to supply overseas allies with M4 rifles

% of readers think this story is Fact. Add your two cents.


The one-year contract will send as many as 10,000 M4/M4A1s to U.S. allies in Africa and the Near East. (Photo: Chris Eger/Guns.com)

Connecticut-based Colt’s Manufacturing last week was awarded a significant Pentagon security assistance contract.

The $57.72 million firm-fixed-price contract announced by the U.S. Army on Thursday covers delivery of up to 10,000 M4 and M4A1 5.56mm carbine rifles. The award, issued through the Defense Security Cooperation Agency’s Foreign Military Sales program, is for guns intended for Jordan, Morocco, Afghanistan, Senegal, Tunisia, and Pakistan.

Self-defense weapons sold through the program are considered to be a “fundamental tool of U.S. foreign policy,” and can be either funded by the receiving country or the U.S. government as aid. The Pentagon essentially acts as the go-between for industry and the foreign customer looking for materials. DSCA head, Lt. Gen. Charles Hooper, said that so far this year sales are booming with $46.9 billion in weapons sales to foreign partners and allies in the first half of 2018 alone.

“Defense exports are good for our national security, they’re good for our foreign policy. And they’re good for our economic security. And as the administration and our leadership has said, economic security is national security,” Hooper said in June.

The M4 contract has an estimated completion date of Sept. 20, 2019, and Colt will perform the work at their West Hartford plant. The company markets a variety of semi-auto M4  and M4A1 carbines commercially as well as select-fire variants to law enforcement and military end-users.

In related news, on July 13, the U.S. Army Contracting Command issued a $28.4 million firm-fixed-price contract for an undetailed quantity of “North Atlantic Treaty Organization commercial off-the-shelf carbines,” with Colt, Daniel Defense, and FN competing with Remington to fulfill the order by July 2019.

The post Colt lands $57M contract to supply overseas allies with M4 rifles appeared first on Guns.com.


Source: https://www.guns.com/2018/09/24/colt-lands-57m-contract-to-supply-overseas-allies-with-m4-rifles/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.