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Colt Defense Wins $126 Million ($126M) Contract to Produce M240B 7.62mm Machine Gun for U.S. Army

By David Crane defrev (at) gmail (dot) com October 25, 2009 Updated on 10/26/09 Colt Defense, LLC (West Hartford, CT) recently took a little bite out of FN Herstal’s machine gun business by winning a $126,089,944.00 IDIQ U.S. Army contract for the M240B (a.k.a. M240 “Bravo”) 7.62x51mm NATO (7.62mm NATO) MMG/GPMG (Medium Machine Gun / General Purpose Machine Gun). The ... Read More »