Via Press release from Geissele Automatics:
Geissele Automatics is proud to announce their acquisition of the 240LW and 240LWS machine gun technical data package and intellectual property from Barrett Firearms Manufacturing, Inc. Barrett also announced it has entered into a technical support agreement for the 240LW and 240LWS with Geissele.
The 240LW and 240LWS are lighter, more robust versions of the medium machine guns fielded by U.S. and allied forces around the world. The design uses a patented two-piece construction process that simplifies and solidifies the forged receiver without resorting to exotic materials or having to rely on rivets that can loosen.
Bill Geissele, President and Founder of Geissele Automatics, said, “The Barrett team has taken the good performing, but dated M240 weapon system and made it into a machine gun for the 21st century. The 240LW/LWS is improved in every performance aspect: it is lighter, more reliable, easier to load, easier to maintain, more ergonomic and more controllable. With the addition of Geissele’s forged long life barrels and NanoWeapon (Picatinny DSL) coating we look forward to providing the U.S. warfighter and our allies with 240LW/LWS machine guns.”