Here's How Much Has Been Made from the Sale of Surplus M1 Rifles to Civilians
19 Feb 2019
Military.com | By Matthew Cox
The Civilian Marksmanship Program is well known as the go-to place to buy surplus military firearms, so the Government Accountability Office recently tallied up how much money the nonprofit has generated from selling tens of thousands of M1 Garand rifles over the past decade.
Looking backward nine years from 2017, the GAO reports that the government-chartered CMP has brought in $323 million in revenue. About 61 percent of those earnings comes from selling M1 rifles, many of which were used in World War II and the Korean War.
Here's How Much Has Been Made from the Sale of Surplus M1 Rifles to Civilians
19 Feb 2019
Military.com | By Matthew Cox
The Civilian Marksmanship Program is well known as the go-to place to buy surplus military firearms, so the Government Accountability Office recently tallied up how much money the nonprofit has generated from selling tens of thousands of M1 Garand rifles over the past decade.
Looking backward nine years from 2017, the GAO reports that the government-chartered CMP has brought in $323 million in revenue. About 61 percent of those earnings comes from selling M1 rifles, many of which were used in World War II and the Korean War.
Here's How Much Has Been Made from the Sale of Surplus M1 Rifles to Civilians