Colt have won a contract worth $126 million to manufacturer the FN designed M240B machine gun, the standard medium caliber machine gun of the Army and Marines.

Colt Defense, LLC., West Hartford, Conn., was awarded on Sept. 25, 2009 a
$32,143,048 firm-fixed-price contract for M240B machine guns. Work is to be
performed in Hartford, Conn., with an estimated completion date of Oct. 31,
2015. Bid solicitation was open to the Firms in the U.S. and Canada with two
bids received. TACOM-RI, CCTA-AR-SA, Rock Island, Ill., is the contracting
activity (W56HZV-09-D-0175).

Daniel Watters, an expert on military procurement, told me that the military have been trying to maintain, or expand, the small arms production industrial base by procuring from second sources.

A mounted M240B

A big thank you to Daniel Watters for the info.