Colt gets $14 million U.S. Army rifle contract

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West Hartford-based Colt Defense won a $13.9 million firm-fixed-price U.S. Army contract, the Pentagon announced Monday evening.

Colt beat out five other gunmakers for the deal, providing the Connecticut company with a key contract going forward during a time when gunmakers are facing calls to limit the production of civilian versions of these types of military weapons in the wake of the Newtown massacre.

The award will provide for the procurement of the M4 Product Improvement Program replacement barrel and front sight assembly.  Work location will be determined with each order, with an estimated completion date of Dec. 30, 2016.

Colt is privately held.

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Rob Varnon

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