2012 Colt Defense LLC Announces Award Of Marine Corps M45 Close Quarter Battle Pistol (CQBP)Contract

from: The Tactical Wire 

WEST HARTFORD, Conn., July 20, 2012 - Colt Defense LLC has been awarded an Indefinite-Delivery/Indefinite-Quantity contract by the U.S. Marine Corps for up to 12,000 M45 Close Quarter Battle Pistols (CQBP), plus spares and logistical support. The new CQBP is a direct descendant of the iconic Colt M1911 adopted by the U.S. military in 1911 and carried as the primary sidearm through all the major conflicts of the 20th century.

The CQBP contract is for a five-year period and has a potential value of up to $22.5 million. The CQBP expands on a long history of MARCORSYSCOM re-building original Government-issue 1911s, primarily for use by Force Recon and MARSOC units.

"This is a truly gratifying contract award," said Gerry Dinkel, President and CEO of Colt Defense. "To have the 1911 selected again for U.S. Forces 101 years after its initial introduction is just an incredible testament to the timeless design and effectiveness of the Colt 1911. Colt Defense looks forward to another great partnership with the Marine Corps as we renew industry production of the military 1911."

The initial Delivery Order on the contract is for 4036 CQBP, plus spares. Deliveries will begin later this year.

About Colt Defense LLC:

Colt Defense LLC is one of the world's leading designers, developers and manufacturers of small arms weapons systems. The Company has supplied rifles and carbines to military, law enforcement and individual customers throughout the world for 175 years. Our subsidiary, Colt Canada Corporation, is the Canadian government's Center of Excellence for small arms and is the Canadian military's sole supplier of the C7 rifle and C8 carbine. The Company maintains manufacturing facilities in West Hartford, Connecticut and Kitchener, Ontario. For more information on Colt Defense LLC and its subsidiaries please visit www.colt.com  and www.coltcanada.com.