Colt has run contracts in the past which cost about $1200 per rifle. Just recently they ran an $88,000,000 contract with the army with a projected cost of around $600 per rifle. The scale of that contract would bring price down a little, but the “average” cost across manufacturers for an M4A1 is $724. So this contract with ICE could be between 12,500 rifles and 21,000 rifles.
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