Manroy, the UK manufacturer of machine guns, has revealed the US Department of Defense has exchanged contracts worth a total of 6.6m pounds with Manroy USA (MUSA)in which Manroy owns a 49 per cent interest.
The new agreements replace unfulfilled contracts placed by the DoD with Sabre Industries, whose assets were acquired by MUSA in March 2011.
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Glyn Bottomley, Manroy's Chief Executive, said: "The (exchange) of these contracts to MUSA and the accreditation of its production capabilities is a major step forward in our planned expansion into the US defence market.
BS
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