Contract Type
contract
Description
Colt’s Manufacturing Company has secured a $12.4 million contract with the Department of Defense for the production of Colt M4A1 carbines. The contract modification, issued via the U.S. Army Contracting Command in Newark, New Jersey, will involve work at Colt’s Connecticut plant with an estimated completion date of June 30, 2025.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months