The DoD Throws Colt A Lifeline?
BY Herschel Smith
9 years, 2 months ago
Colt Defense LLC, West Hartford, Connecticut (15QKN-15-D-0102); and FN America LLC, Columbia, South Carolina (W15QKN-15-D-0072), were awarded a $212,000,000 firm-fixed-price multi-year contract for M4 and M4A1 carbines for the Army and others, with an estimated completion date of Sept. 24, 2020. Bids were solicited via the Internet with six received. Funding and work location will be determined with each order. Army Contracting Command, Picatinny Arsenal, New Jersey, is the contracting activity.
I’m not sure what this means, except that for the Army, it will be Colt for the foreseeable future for M4s.
On September 29, 2015 at 11:45 am, Archer said:
And that Colt will continue to be left in the dust by the civilian market. No innovation, no new products, no streamlined processes to maintain quality at reduced costs.
It’s a shame, but absent government contracts, Colt would have closed down long ago. They simply don’t have any hope of competing on the open market.