Posted - 01/09/2006 : 09:41:36 AM
Saco-Maremont, importers of the SIG. The tie-in between Saco and Maremont meant that Saco would do the manufacturing while Maremont would handle product marketing and distribution.
The SIG Sauer was also once considered by the US Department of Defense when it was looking to procure a standardized side-arm.
While SIG Sauer built the guns that were submitted for tests, part of the deal for the winner required that the guns be manufactured in the US. As such, SIG Sauer teamed with Maremont Corporation who had negotiated rights for all marketing and production of the gun in the US. That's why we have heard the P226 referred to the "Maremont P226" in the context of these tests. Test results indicated that the P226 and Beretta's 92F were about even on performance and reliability, and Beretta finally won the contract simply due to a lower price tag.
Saco Defense Corp.
Saco Defense is one of the world's leading producers of small and medium caliber machine guns, cannon barrels and complementary equipment. It is the sole producer of the MK-19 40mm automatic grenade launcher for the U.S. armed forces, and is in the final stages of development of a next-generation automatic grenade launcher called Striker. Saco Defense products are in the inventories of more than 40 countries; they complement the high-rate-of-fire Gatling-type weapons produced by General Dynamics Armament Systems.
General Dynamics has announced it will acquire Saco Defense Corp., a subsidiary of New Colt Holding Corp., for an undisclosed amount of cash. Upon completion of the acquisition, Saco Defense will become a part of General Dynamics Armament Systems, and will be known by that name. General Dynamics Armament Systems, based in Burlington, Vermont, will honor the current labor contract with the represented employees of Saco Defense. Saco Defense, based in Saco, Maine, has 225 employees.
Saco Defense/General Dynamics Armament Systems
Company History and Products
Saco Defense is one of the world's leading producers of small and medium caliber machine guns and cannon barrels. Saco Defense, bought on June 30, 2000 by General Dynamics Armament Systems (GDAS), a division of General Dynamics, specializes in automatic weapons for the military. Saco Defense, briefly owned by Colt, is now called General Dynamics Weapon Systems. GDAS company headquarters are in Burlington, Vermont, with additional facilities in Maine, New Jersey, and Arkansas. General Dynamics, the nuclear submarine and combat-ship giant, is based in Falls Church, Virginia.
Saco/GDAS produces a variety of armament systems and munitions including:
M2 .50 caliber Browning machine gun - This machine gun is used by virtually every army outside the former communist bloc. Some 3 million Browning machine guns have been made by different companies, and it is one of the most ubiquitous machine-guns ever made.
M60 and M60E3 7.62mm machine gun - The M60 is used by US forces, Australia, Republic of Korea, Taiwan and many other countries.
MK-19 40mm Grenade Launcher - Saco Defense is the sole producer of the MK-19 for the US armed forces, and is currently working on a next generation grenade launcher called the 'Striker.' It was widely used in the Gulf War and in addition to the US, both Taiwan and Israel have purchased the MK-19.
In 1999 Saco Defense received more than $16 million in DOD contracts for the purchase of Mk-19s, M60s, and other classified weapon systems, while it's new parent company, General Dynamics, received close to $5 billion in DOD contracts.
Most recently, GDAS was awarded a $39 million contract from the US Army for M2 machine guns, gun bolts, and barrels. The company also received a $126.4 million order from the US Army and Air Force for HYDRA-70 rocket systems, with a maximum potential value of $1.2 billion over the next five years.
The US government has facilitated the sales and giveaways (through its' Foreign Military Sales and Excess Defense Article programs) of M60 machine guns to Panama, Peru, Colombia, and Jordan; and M2 machine guns to Egypt, Greece, Thailand, and Tunisia.
The US Environmental Protection Agency accused Saco Defense of violating chromium emissions standards in 1997 and 1998, once by 20 percent and once by 33 percent. Saco has agreed to pay $75,800 to settle the claim.
That should be a little bit of a start.