You obviously have never read Bailey's website hk-54
I don't feel like getting into a pissing contest because there isn't really an arguement here... but Bailey himself says that the guns will be made / assembled by a company out of Michigan called "Cohaire Arms"....
Can anyone in clone land back up the "Cohaire" statement ?
ETA : You are also wrong about SW just making the receivers and US parts.... They are making every damn thing that these guns are made out of. Receivers, Barrels, Trunions, Bolt heads, Bolt Carriers, Recoil Springs & Guide rods, ALL the Locking pieces, Rollers, Cocking Tubes, Stocks, Trigger Packs, Trigger Internals, etc.... I think you get the idea.
Now Vector may be making a couple guns off of his receivers for special customers that have supplied HK MP5/40 kits, but other than that... they are all US made, or atleast 99% US made... no parts kits !