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What’s Uncle Sam Buying These Days‏

Uncle Sam.No doubt our troops are the best equipped in the world. It takes more than just coming in with a low bid for Uncle Sam to pull out his check book. Sabre Defence Industries has been awarded a contract to produce 4,952 M16A3 and 702 M16A4 rifles to support the Navy, Marine Corps, and some foreign military customers. Uncle Sam entertained 9 bids before awarding it to Sabre Defence Industries. What makes this so significant is that Sabre is only the third company in the 45-year history of Uncle Sam buying M16s, to be awrded the contract. The other two vendors are Colt and FN. Bushnell was also recently awarded a multi-million dollar contract by the Army for a special military version of their Elite 1500 Laser Rangefinder. The civillian version of the Elite 1500 is at the end of the link. Uncle Sam figures the laser rangefinder will enhance the combat capabilities of troops in the field. And Alliant Techsystems (NYSE: ATK) received another $104.3 million order for small-caliber ammunition from the Army. ATK is the largest supplier of ammunition to the United States military. So a Sabre rifle, ATK ammo and a Bushnell rangefinder--sounds like Uncle Sam is planning some varmint hunting.

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Comments

Definitely! And one hell of a varmint hunt it will be.

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