Ammunition contract to Nammo from US Army
Nammo has recently been awarded a 5-year ID/IQ system contract covering the fiscal years 2011-15 for supply of 5.56mm AP M995 and 7.62mm AP M993 in various configurations with US MIL-SPEC Tracers. The total contract value is estimated to 65 Million USD.
“With the new system contract Nammo is strengthening its position as the AP supplier to the US armed forces. The contract brings Nammo a step up the value chain including the system responsibility to supply the final configurations as well as the needed tracers and the operational packaging”, says Edgar Fossheim, CEO Nammo Group.
Nammo was awarded the contract in open competition based on Nammo’s long and successful track record being the sole supplier of M995 and M993 AP since the qualification 1996.