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FN AMERICA WINS CONTRACT TO BUILD M240 MACHINE GUNS AND SPARE RECEIVERS FOR THE U.S. ARMY

MCLEAN, Va., Jan. 8, 2015 (GLOBE NEWSWIRE) -- FN America announced today that it has received a new indefinite delivery/indefinite quantity (IDIQ) contract from the Department of the Army to build M240 B, C, D and H machine guns and spare receivers for the U.S. Army. The contract, awarded on December 9, 2014, includes four one-year ordering periods with a total value not to exceed $84.6 million.



"We are pleased that FN America has been selected to produce the M240 family of machine guns for the U.S. Army," said Mark Cherpes, FN America President and CEO. "Since 1989, FN has produced more than two million firearms for the U.S. military at our Columbia, SC manufacturing facility. We are extremely proud of the high quality and reliable firearms we build for our service men and women and look forward to continuing this tradition."

In addition to the M240 family of machine guns, FN America also produces M4/M4A1 carbines, M16 rifles, MK19 grenade machine guns, M249 SAWs and the MK46 and MK48 machine guns.

For more information about FN America or FN products, visit www.fnhusa.com or find us on Facebook at the FNH USA Facebook Fan Page.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=29850

CONTACT: Jeanette Hanfling media@fnhusa.com

Source:FNH USA, LLC