Another vote for Troy BUIS, I have them on two of my carbines, I'm very satisfied with their solid lockup and quality.
Here's the differences between the Troy and the ARMS-40L-P rear BUIS:
The 40L's release/ capture lever are harder to manipulate because they're smaller and shorter than the model 40, the Troy have no release lever to flip up just pull it up, it have a slight resistance so it won't flop around, once the Troy's sight is up it is locked solid no wobbles, to fold it press a button on the left side, the release button prevents it from accidentally getting folded.
The Troy when flipped up defaults to the large hole peep sight aperture, the 40L defaults to the small aperture, most shooters prefers the large hole in case the target's distance is close, it's easier to see with the large hole peep sight.
The windage adjustment are a little difficult to move with the Troy but it prevents accidental mis adjustment, the 40L's adjustment are larger easier to move but also easier to accidentally changed.
Folded height from top of the rail to top of the BUIS, the Troy are lower:
ARMS 40L - 0.610"
Troy - 0.460"
The Troy are a little bit more expensive but worth it with all the desirable features, high quality of materials and workmanship.
With any of the rear BUIS brands you might need the .040" taller front sight post, try it out first and if you can't get it to zero and it still shoots high but your front sight post is all the way up, then you would need the taller front sight from Bushmaster.