Since 2001, Lake City has been run by Alliant Techsystems, who owned Federal until they split into two companies (Vista Outdoors for commercial & Orbital ATK for military) in 2014 . Olin previously had the contract when they took it over from Remington in 1985.
This is a big change that will take effect in October 2020.
Maybe, just maybe, we’ll see M855A1 ammo hit the commercial market now.
CLAYTON, Mo., Sept. 27, 2019 /PRNewswire/ — Olin Corporation (OLN) announced today that its ammunition division, Olin Winchester, LLC (“Winchester”), has been selected by the U.S. Army to operate and manage the Lake City Army Ammunition Plant in Independence, Missouri. Following a one-year transition period, Winchester will assume full operational control of the Lake City plant on October 1, 2020. The contract has an initial term of seven years and may be extended by the U.S. Army for up to three additional years.
“Winchester is honored to have been selected by the Army to operate, maintain and modernize this unique, strategic asset of the U.S. Government’s munitions industrial base,” said Brett Flaugher, President of Winchester. “Our team is fully prepared and 100% committed to the safe, reliable, and responsible operation of Lake City, in the best interest of and service to the U.S. Military.”
Olin Winchester LLC, East Alton, Illinois, was awarded a $28,313,481 fixed-price with economic-price-adjustment contract for production of small caliber ammunition and the operation, maintenance, and modernization of the Lake City Army Ammunition Plant. Bids were solicited via the internet with three received. Work will be performed in Lake City Army Ammunition Plant in Independence, Missouri, with an estimated completion date of Sept. 27, 2029. U.S. Army Contracting Command, Rock Island Arsenal, Illinois is the contracting activity (W52P1J-19-F-0742).