Wednesday, February 20, 2019

Civilian Marksmanship Program finance and performance report

Guns.com reports about GAO's look into the CMP's finance.

Some interesting points:

  • Between 2008 and 2017, CMP sold 304,233 rifles and got transfers of 279,032 rifles from the Army.
  • 35% of inventory is unserviceable and unsellable drill rifles.
  • Out of 8000 M1911s transferred, 39 were deemed highly valuable while 145 were considered unsellable.
  • Annual expense for 2017 was $15.1 million dollars

https://www.guns.com/news/2019/02/19/report-finds-cmp-gets-a-lot-of-bang-out-of-surplus-guns

From: Guns.com