We've updated our initial reporting on the contract award to include the delivery schedule and a little more background. Check it out here.
Remington has the following to say about the contract award:
US Army Awards M4 / M4A1 Carbine Contract to Remington Arms
4/24/2012 MADISON, NC – Remington Arms Company, LLC ("Remington"), a member of the Freedom Group family of companies, is pleased to announce the award of an indefinite delivery/indefinite quantity contract for the procurement of a maximum of 120,000 M4/M4A1 carbines by the US Army Contracting Command in Warren, Michigan, on Friday, April 20, 2012.
"It is a great honor to be awarded this contract from the United States Army," said John Day, Vice President, Remington Defense Division, former Marine, and Iraq War Veteran. "Our workforce is extremely proud to be adding this combat-proven carbine to the Remington Defense family alongside our combat-proven sniper rifles, suppressors and shotguns. We will produce these carbines with the same diligence, attention to detail, and quality that snipers and shooters worldwide expect from Remington."
The M4 and M4A1 carbines are the US Army's primary individual combat weapons and will be produced by Remington to the US Army's M4 technical data package. The Army has initially ordered 24,000 M4A1 carbines from Remington; deliveries will start in September, 2013.
more"The innovation, quality and reliability of Remington rifles have made our company a leader in defense markets around the world," said General Michael W. Hagee (USMC, Ret.), a Remington Arms board member and former Commandant of the Marine Corps.
"The chance to expand our strong military and defense presence producing M4s for the U.S. Army is a great opportunity," added General George Joulwan (US Army, Ret.), also a Remington board member and former Supreme Allied Commander of Europe and head of NATO Forces. "We are proud and honored to serve those who serve all of us."
Remington, in operation since 1816, is one of the oldest continuously operating manufacturers in the country. The M4 and M4A1 carbines will be produced at Remington's core rifle manufacturing facility in Ilion, New York.
George Kollitides, Chairman and Chief Executive Officer of Freedom Group and Remington Arms, noted, "Over the past four years, we have made a substantial investment in Remington's ability to compete in the government small arms space by modernizing our production facilities, focusing our research and development on end-user requirements, and ensuring consistent and repeatable quality in a high volume, high mix manufacturing environment. We see this award as proof that an American manufacturing company can still expand its product offerings and compete in this modern age to provide best in class weaponry to our troops defending freedom around the globe."
About Remington Arms Company, LLC
Remington Arms Company, LLC, ("Remington") headquartered in Madison, N.C., designs, produces and sells sporting goods products for the hunting and shooting sports markets, as well as solutions to the military, government and law enforcement markets. Founded in 1816 in upstate New York, the Company is one of the nation's oldest continuously operating manufacturers. Remington is the only U.S. manufacturer of both firearms and ammunition products and one of the largest domestic producers of shotguns and rifles. The Company distributes its products throughout the U.S. and in over 55 foreign countries. More information about the Company can be found at www.remington.com.