April 29 (UPI) -- FN America and Colt's Manufacturing received a $383.3 million, five-year contract to manufacture M16A4 rifles for Afghanistan, Grenada, Iraq, Lebanon and Nepal through the Pentagon's foreign military sales program.
In 2008 the State Department approved the sale of 80,000 M16A4 rifles to the government of Iraq. It would go on to approve a sale of 4,400 M16A4s to Iraq in 2017. In 2016 it approved the sale of 891 M16A4s to Afghanistan.
According to the contract announcement, work locations and funding will be determined with each order.
The Pentagon said it received three bids for the program through a competitive bidding process.