They are currently working on replacing the M249's buttstock with a redesigned adjustable stock.
Under the terms of the deal, the initial rate on 1.5 million shares of $50 adjustable preferred stock was set at 9 3/4 percent.
Also notable is the rifle's capability to use a fully folding and adjustable skeletal stock.
They are frequently built from existing selective fire battle rifles or assault rifles, often simply by adding a telescopic sight and adjustable stock.
It had a fully adjustable stock, a 6 x 24 telescope, and a sound suppressor.
Sixteen pounds, wire-cut, tolerances you wouldn't believe, and with the fully adjustable stock here retracted, a mere twenty inches long.
It has a heavy free-floating barrel with polygonal rifling and an adjustable stock.
The standard version comes equipped with a folding, adjustable and fully removable stock for easy transport.
The company said the latest first quarter net income was reduced by $3.4 million because of market price declines in adjustable rate preferred stocks.
The rifle features a fully adjustable rear stock and cheek piece.