The Army has picked someone to make new ammo for its sniper rifles

The US Army recently selected Sig Sauer, maker of the new Modular Handgun System, to make .300 Win Mag ammunition for the service's bolt-action sniper rifle.

In a $10 million deal, Sig will manufacture the MK 248 MOD 1 and MOD 0 .300 Win Mag ammunition, which will be used in the Army's M2010 Enhanced Sniper Rifle.

"This award by the U.S. Army is validation of our state-of-the-art manufacturing that has resulted in the highest quality, and most precise, ammunition delivering on target accuracy for snipers in the field," Ron Cohen, president and CEO of Sig, said in a news release.