Gunmaker Colt receives $40.8M contract for foreign weapons sales

West Hartford-based firearms manufacturer Colt has been awarded a $40.8 million contract from the U.S. Army to make rifles for foreign military sales.

The M4 and M4A1 carbines will be supplied to Bosnia, Iraq, Macedonia and Tunisia.

The work is due to be completed by March 2031. The number of weapons was not specified in the contract. It’s one in a series of deals over recent years for variations of the rifle destined for foreign military sales.

The company was at the center of a controversy in 2025 over a military contract to sell 20,000 M4 rifles to Israel, provoking protests outside its West Hartford headquarters.

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In 2021, Colt was acquired by ​​Czech gunmaker Česká zbrojovka Group, or CZG, the combined company becoming the Colt CZ Group.

Last year, Colt CZ Group acquired New England Expert Technologies Corp., which owns Massachusetts-based Valley Steel Stamp, a machined parts supplier to Colt, part of a strategic push to gain control of key supply chain processes.