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AWR Hawkins

AWR Hawkins

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Financially Stricken Colt Defense Wins $212 Million Contract With DOD

On June 14, Colt Defense LLC announced it was entering Chapter 11 Bankruptcy protection after a year of ups and downs which were mostly downs, financially. But as last week came to a close Colt had another announcement to make–they had secured a $212 million contract for M4 rifles with Department of Defense.