Here's the contract award announcement from SOCOM:
Solicitation Number: H92222-12-R-0011
Notice Type: Award Notice
Contract Award Date: March 7, 2013
Contract Award Number: H92222-13-D-0003
Contract Award Dollar Amount: $79,717,783.28
Contractor Awarded Name: Remington Arms Company, LLC
UNITED STATES SPECIAL OPERATIONS COMMAND
Precision Sniper Rifle (PSR) Award Notice
Directorate of Procurement has awarded solicitation H92222-12-R-0011, the Precision Sniper Rifle (PSR). The successful offeror is Remington Arms Company, LLC.
Remington Arms Company, LLC
PO Box 700
Madison, NC 27025-0700
Total Estimated Contract Award $79,717,783.28
Contract Number: H92222-13-D-0003
The Government has awarded a 10 year, Indefinite Delivery Indefinite Quantity (IDIQ), Firm Fixed Priced contract for the purchase of the Precision Sniper Rifle (PSR) system. The maximum quantities for this requirement are projected to be 5,150 PSR systems and 4,696,800 rounds of ammunition. The work will be performed at two Remington facilities Ilion, NY, and Elizabethtown, KY, and the ammunition at Barnes Bullets facility Mona, UT, and expected to be completed by March 2023.
This contract was awarded In accordance with 10 U.S.C. 2304 and 41 U.S.C. 253, under Full and Open Competition. Delivery Order 0001 amount is $ 629,070.00.
...and another announcement on New York Congressman Richard Hanna's website:
UTICA, N.Y. – U.S. Representative Richard Hanna today announced that Remington Arms has been awarded a nearly $80 million contract to produce more than 5,000 sniper rifles for the U.S. military. The work will be done in Ilion by Mohawk Valley employees.
The federal contract comes from the Special Operations Command (USSOCOM), a division of the U.S. Department of Defense. The contract will be awarded over the course of 10 years.
"The award of this contract to Remington Defense further shows that they are the premier manufacturer of sniper rifles for our Armed Forces," Rep. Hanna said. "I have full confidence that this contract will be fulfilled with the high quality and standards that define our Ilion workforce. I fully support Remington Arms and will continue working to ensure that the company and its dedicated employees can thrive in Herkimer County for generations to come."
ABOUT THE REMINGTON MODULAR SNIPER RIFLE
The Remington Modular Sniper Rifle (MSR) was designed for operators by operators. It combines lethal accuracy at 1500 meters with a user adjustable folding stock, free-float handguard, and the potential to change barrel lengths and calibers within minutes.
This patent-pending system addresses the long range and medium range needs of the modern battlefield in one package designed to meet multiple emerging US armed forces requirements. The MSR is mission-adaptable with just a change of the bolt face, barrel, and magazine, and features lightweight, efficient design and optimal material selection for performance and corrosion resistance – this system truly never has to leave the battlefield.
ABOUT THE CONTRACT
AMOUNT: $79.7 million
LENGTH: 10 years
PRODUCT: The award is for more than 5,000 rifle systems, including AAC Titan QD suppressors and millions of rounds of Barnes ammunition.
Remington Arms was founded in 1816 in Upstate New York and is one of the nation's oldest continually operating manufacturers. Remington Arms designs, produces and sells sporting goods products for the hunting and shooting sports markets, as well as military, government and law enforcement markets.