Madison, N.C. - Remington announced today, that it has been awarded, a $47 million dollar initial contract, to supply and deliver over 40,000 R4 carbines with accessories and training by the Armed Forces of the Philippines. This contract award is the result of an open bid competition conducted by the Philippine Department of National Defense (DND).

"This contract is representative of Remington's strong and growing presence in international military markets. We look forward to providing the best military-grade weapon systems to the Philippine Military," said Mike Haugen, Director International Military/Law Enforcement Sales, Remington Defense. "We take great pride in knowing the AFP will use our products to defend the interests of their nation."

"This award is not only an impressive reminder of Remington's leading position in the manufacturing of arms and ammunition on a global scale, but also demonstrates that American manufacturing is still the top choice for military personnel around the world," said John Day, Vice President, Remington Defense. "Our American workforce is pleased to provide AFP with the excellent craftsmanship and state-of-the-art technology that has proven Remington invaluable in combat time and time again."

Over the past four years, Remington Defense has invested in its ability to compete in the government small arms space by modernizing production facilities, focusing research and development on end-user requirements, and ensuring consistent and repeatable quality in a high-volume, high-mix manufacturing environment. Remington Defense also holds the Precision Sniper Rifle contract from the United States Special Operations Command, which was awarded in 201X, as well as numerous law enforcement agency contracts and international military awards. Together, these contracts demonstrate Remington Defense's commitment to development and production of high-quality, affordable sniper systems, shotguns, and carbines for military and law enforcement customers.

Remington R4

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About Remington Arms Company, LLC

Remington Arms Company, LLC, ("Remington") headquartered in Madison, N.C., designs, produces and sells sporting goods products for the hunting and shooting sports markets, as well as solutions to the military, government, and law enforcement markets. Founded in 1816 in upstate New York, the Company is one of the nation's oldest continuously operating manufacturers. Remington is one of the largest domestic producers of shotguns and rifles in the U.S. The Company distributes its products throughout the U.S. and in over 55 foreign countries. More information about the Company can be found a www.remington.com.

Media Contact: Jessica Kallam\ Jessica.kallam@remington.com (800) 243-9700 Ext. 8578