"Sabre Defence Industries, LLC, a government contractor for the manufacture of machine gun parts and accessories and commercial XR15 rifles, has been awarded an IDIQ contract for a minimum of 4,952 M16A3 and 702 M16A4 rifles to support the U.S. Navy, U.S. Marine Corps, and foreign military customers.
Nine bids were received. Sabre becomes only the third company in the 45-year M16 history, besides Colt and FN, to be awarded a contract to supply a Mil-Spec M16 to the U.S. government.
The M16 project will take place at Sabre Defence's Nashville, Tennessee facility and is expected to be completed by end of December, 2010."
What if anything does this signify in relation to Colt and Colt's M-16 military contracts? Why is the G'ment going to a third source instead of asking more from Colt and FN? I am genuinely curious and am not disparaging the Colt brand.