Colt Modular 7.62 Battle Rifle

Well, it looks like the rumors are now confirmed.

A few days ago, our friend Eric Graves at Soldier Systems posted a very short blurb on a 7.62mm NATO (7.62×51mm NATO) modular battle rifle/carbine/SBR (Short Barreled Rifle) that Colt Defense is developing called the CM901. DefenseReview (DR) can confirm that the Colt CM901 indeed exists. We can confirm it because we’ve seen it, handled and examined it, and fired it.
Some quick background: Defense Review first found out about the CM901 at SHOT Show 2010 from one of our professional/industry contacts. In the first week after SHOT, one of our U.S. military Special Operations (SPECOPS) contacts told us about the modular aspects of it, and how it worked. He communicated to us that the gun’s design was pretty slick, and he seemed very enthusiastic about it, which piqued our interest. If the CM901 was able to excite this individual (a Tier 1 operator), we thought, it must be pretty cool. And, as it turns out, it is. It’s very cool. The CM901 is pretty badass, actually.

More here.