Government awards $307M contract to Colt Canada to manufacture over 65,000 rifles for the Canadian Armed Forces

OTTAWA – The Liberal government awarded a contract worth $307 million to Kitchener-based manufacturer Colt Canada on Thursday, to produce 65,402 rifles for the Canadian Army.

The procurement will come in two phases, with the first 30,000 Canadian Modular Assault rifles set to be delivered over the next three years. The remaining 35,000 will be acquired in four years, at a cost beyond the initial $307-million investment.

The procurement will replace the CAF’s aging arsenal of...