Remington Awarded Contract to Supply U.S. Army with Carbines
Kevin Felts 07.24.18
It would appear things are looking up for the once bankrupt Remington Arms. In May of 2018, Remington Arms exited bankruptcy. Then in July of 2018 the company was awarded a contract to supply the U.S. Army with Commercial Off The Shelf (COTS) 5.56mm Carbines.
A press release from Remington sent out on July 24, 2018 reads:
Remington Awarded Army Carbine Contract
Huntsville, AL – Remington is pleased to announce the recent award of a contract to supply the US Army with Commercial Off The Shelf (COTS) 5.56mm Carbines.
This is the second significant award for 5.56mm carbines to Remington by the US Army on behalf of key international allies. Remington Chief Executive Officer Anthony Acitelli said of the award: “Remington is proud of our continuing contribution to public safety and our nation’s national security priorities worldwide. “We look forward to continuing our daily dedication to the design, production, and delivery of the highest quality military and law enforcement products for our public safety officers, warfighters, and allies alike.”
Good News For Remington
Remington Arms was founded in 1816 and is probably one of the most recognized gun companies in the world. Over the course of 200+ years the company has made everything from firearms for both World Wars to civilian arms.
When it comes to pump shotguns, the Remington 870 is one of the most recognized shotguns in the world. The same can probably be said about the iconic Remington model 700, which is used by the military, police, and sportsmen alike.
In March of 2018, Remington filed for bankruptcy protection. Two months later, in May 2018, Remington exited bankruptcy protection.
Here we are in July of 2018 and Remington has been awarded a contract with the U.S. Army. Exact details of the contract have yet to be announced.
Hopefully 2018 will continue to be a wonderful year for Remington. Things started off a little rocky, but things seem to have turned around.