Jan. 15 (UPI) -- The U.S. Army has awarded Sig Sauer a $10 million contract to manufacture ammunition for use in the branch's bolt-action sniper rifle.
"This award by the U.S. Army is validation of our state-of-the-art manufacturing that has resulted in the highest quality, and most precise, ammunition delivering on-target accuracy for snipers in the field," said Ron Cohen, Sig Sauer president and CEO.
The contractor will manufacture MOD 0 .300 Win Mag ammunition at its facility in Jacksonville, Ark.
The contract also funds production of MK 248 MOD 1 ammunition for the military.
The new round allows snipers to engage targets from 1,200 meters as opposed to the 800-meter range of the older M24 sniper system.