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Scroll down .COLT DEFENSE GETS MAJOR MILITARY DEAL . . . Colt Defense has been awarded a $15.92 million firm-fixed-price contract for M16A3 and M16A4 rifles to support the U.S. Navy and Marine Corps, the U.S. Department of Defense announced. Work will be performed at the company's West Hartford, Conn., plant and is expected to be completed by Dec. 13, 2010.