Colt Defense and FN America win a $212mn contract from US Army for M4 and M4A1 assault rifles
The US-based company Colt Defense LLC; and FN America LLC, part of Belgian Herstal Group, have been 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, the US Department of Defense announced on September 25, 2015.