FN Awarded $92 Million Contract for M240s and Receivers

by
posted on June 15, 2021
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
FN Awarded

FN America has been awarded a contract for $92 million to supply M240 machine gun variants and spare receivers to the Army. This is the company’s third sizeable agreement with the U.S. military in the past two years. Others include one for M4s signed early in 2020, valued at more than $119 million, and another in September for M249 SAWs ($78 million).

“The U.S. Army contract for the M240 machine gun was the first military contract FN was awarded, and the first to be produced from our production facility in South Carolina,” noted Mark Cherpes, president and CEO for FN America. “We’re incredibly honored to continue our relationship with the Army, supporting them with high-quality and reliable weapon systems for our servicemen and women.”

Terms of the latest contract run through 2026. The previous agreements end in 2024 and 2025.

FN has historically been one of the largest suppliers of small arms to the U.S. military. In addition to the M240 and its variants, the company currently holds other contracts for the FN Mk46, Mk48, Mk17, and Mk20 SSR for USSOCOM, and others.

The latest agreements were awarded while the Army was conducting the search and testing for the branch’s Next Generation Squad Weapon (NGSW) system that, in theory, could replace many of the small arms currently fielded. Final testing and evaluation is currently underway for the three finalists, which include submissions from SIG Sauer, Textron Systems and General Dynamics Ordnance and Tactical Systems. Each of the firearms still under consideration chamber a (as yet commercially unavailable) 6.8 mm cartridge.

By comparison, the M240 is chambered in 7.62x51 mm NATO. The general-purpose machine gun is derived from the FN MAG-58 and was adopted by the U.S. military in the late 1970s. It’s been in service since that time and if a 6.8 mm cartridge is ultimately adopted by the Army the M240 fleet could be adapted by a barrel swap. 

Latest

springfield armory kuna
springfield armory kuna

Springfield Kuna: A PDW For The Masses

Small, yet fierce, the namesake of Springfield Armory’s latest large-format pistol is a revered forest dweller in the land of its Croatian manufacturing partner, HS Produkt. The new Kuna is poised to be just as welcome in America.

The Armed Citizen® June 30, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Book Review: Clockwork Basilisk: The Early Revolvers Of Elisha Collier & Artemas Wheeler

The result of a decade of research, Clockwork Basilisk is a comprehensive, two-volume history of the rare revolvers that preceded the development of the well-known Colt guns of the 1830s.

Preview: 1791 Gunleather Cobra Gun Belt 01

Employing the same rugged and rigid 0.25"-thick American steerhide as 1791 Gunleather’s original Gun Belt 01, the new Cobra Gun Belt 01 offers enhanced ease of use by taking advantage of a high-strength Cobra quick-latch/release buckle.

NRA CEO Hamlin and President Bachenberg Hold First Virtual Townhall

In the interests of transparency, NRA CEO and EVP Doug Hamlin and NRA President Bill Bachenberg held a live Townhall event, where both answered direct questions from NRA members.

Benelli Adds New 28-Gauge Models to Super Black Eagle 3 Line

Benelli initially introduced the 28-ga. chambering to its Super Black Eagle 3 line in 2022, but this year, the company added three new models tailored specifically to hunters.

Interests



Get the best of American Rifleman delivered to your inbox.