Colt Wins $57M Foreign Military Sales Contract for M4 Carbines
Iconic gun maker Colt has won an award to supply M4 carbines to overseas militaries.
Colt’s Combat Unit Rail Gun: A Top-of-the-Line 1911
Colt M4 Carbines Contract
Under the $57,722,819 contract, Colt will provide up to 10,000 M4 and M4A1 5.56mm carbines to Jordan; Morocco; Afghanistan; Senegal; Tunisia and Pakistan.
This is a firm-fixed-price deal conducted through the Defense Security Cooperation Agency’s Foreign Military Sales program. The blurb on the official program website describes Foreign Military Sales as a “fundamental tool of U.S. foreign policy.” Here’s a quick primer on the program, via a DoD article:
The Foreign Military Sales program is a form of security assistance authorized by the Arms Export Control Act through which the United States may sell defense articles and services to foreign countries and international organizations. Under the program, the U.S. government and a foreign government enter into a sales agreement called a …Read the Rest
Source:: Tactical Life