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

By Chris Eger

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

Source: Guns.com