Winchester Ammunition awarded $27.6 million military contract

winchester ammo 9mm

The kind of 9mm Winchester ammo the military ordered.

Winchester Ammunition was awarded a $27.6 million contract with various branches of the U.S. military to produce 9mm ammo.

The Naval Surface Warfare Center processed the contract and awarded it to the Olin Corp., the parent company of Winchester Ammo, on June 2.

Winchester will provide 9mm frangible ammo to the Air Force, Coast Guard and Navy so troops can train for indoor and outdoor close quarters battle.

Stock analysts warn that Olin, which owns two chemical plants in addition to Winchester, is a risky investment, due to poor earnings quality and slow growth. While the ammo plant has been booming over the last year and a half, the expects the unusually high demand is expected to peter off and return to a normal level.

In May, the U.S. Army awarded a five-year contract with Alliant Techsystems to supply .300 Winchester Magnum ammunition.

Although Olin is headquartered in East Alton, Illinois, the work will be done in Oxford, Mississippi, completed by June 2019.

Latest Reviews

  • Four Years Later: IWI Tavor SAR Revisited

    Though IWI's X95, released in 2016, usurps the SAR, my Tavor SAR is still part of the family. For those just now coming across this model, how has it stood up over the years? Let's find out.

    Read More
  • Scope Review: Leupold VX-Freedom FireDot Twilight Hunter

    The budget-friendly line of American-made Leupold VX-Freedom riflescopes found a welcome audience last year, but 2020 sees even more interesting additions to the family, with our hands-down favorite being the illuminated-reticle FireDot line.

    Read More
  • Ruger AR-556: An Outstanding Gateway AR

    It should come as no surprise the Ruger name is synonymous with value, and its’ AR-556 looks to fit this mold as an entry-level AR-15 with a reasonable MSRP. So how does the no-frills Ruger AR-556 perform when put to the test? Read on to find out.

    Read More
  • A Look at the Sig P238, A Year Later

    The Sig Sauer P238 was the first .380 ACP BUG to grace my gun safe, a welcomed addition to the 9mm polymers, .38 SPL revolvers, and .45 ACP 1911s. After more than a year's worth of use, where do I stand on the P238? Let's find out.

    Read More

Loading