Sig Sauer, Inc. said it has secured a multi-year contract to provide pistols to the U.S. Army's Material Command. The potential value for all quantities and the related customer support package is $306 million. The initial order of 55,890 units is to be released as the standard sidearm for the entire Colombian National Police force. Shipments are to begin immediately with a second release of 42,000 pistols to follow.
Ron Cohen, President and CEO, stated that he is proud that SIG SAUER's long standing reputation for superior reliability and quality has been recognized with this exceptional contract. Cohen also said it provides an opportunity for SIG SAUER to continue to expand its manufacturing facilities and create U.S. jobs at a time when other companies are downsizing and exporting jobs overseas. Mr. Cohen further stated that the breadth of SIG customers is evidence of the worldwide acceptance and demand for SIG SAUER products. These customers include numerous elite law enforcement, military, and government agencies.
