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The SIG MCX Spear (stylized as MCX-SPEAR) is a multi-caliber rifle developed by the American division of SIG Sauer from the SIG MCX series of carbines. The SIG MCX Spear is primarily chambered in .277 SIG FURY but can be adapted to 7.62×51mm NATO and 6.5mm Creedmoor with a barrel change.
The SIG MCX-SPEAR LT is the third generation of the SIG MCX, introduced in 2022. With the release of the MCX LT, SIG also designed a new, padded, side-folding stock with an FDE finish option to match the rifles, which civilian versions of the rifle variant are sold with.
The XM7, previously designated as the XM5, is the U.S. Army variant of the SIG MCX Spear, a 6.8×51mm (.277 in), gas-operated, magazine-fed assault rifle [1] designed by SIG Sauer for the Next Generation Squad Weapon program in 2022 to replace the M4 carbine.
The American company is Sig Sauer, Inc (stylized as SIG SAUER). Its predecessor SIGARMS was founded in Virginia in 1985 to import and distribute SIG Sauer firearms into the United States: Its headquarters were moved to New Hampshire in 1990. This company was renamed Sig Sauer, Inc. in 2007, and since 2000 is organizationally separate from SIG ...
MCX Spear: SIG Sauer: 7.62x51mm NATO 6.5mm Creedmoor.277 FURY: Select fire United States: 2019 SIG SG 510: Schweizerische Industrie Gesellschaft: 7.5×55mm Swiss 7.62×51mm NATO: Select fire Switzerland: 1956 SIG SG 542: Schweizerische Industrie Gesellschaft FAMAE: 7.62×51mm NATO: Select fire Switzerland: 1977 ShAK-12: Izhmash: 12.7×55mm ...
[24] [25] In April 2022, the U.S. Army selected the SIG MCX SPEAR as the winner of the Next Generation Squad Weapon Program to replace the M16/M4. The new rifle is designated XM7 . [ 26 ]
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
SIG Sauer also confirmed that delivery of the first order has already been completed. [20] Another batch of 70,000 rifles was cleared for order in December 2023. [ 21 ] [ 22 ] The deal for an order of 73,000 rifles (that was cleared in 2023) was signed on 26 August 2024. [ 23 ]