Many people who buy M193 (55 gr) or M855 (62 gr) think that it is military surplus, but most is not and is made for the civilian market. The Lake City plant is run by private companies to maintain and also use the plant for their own production, Such as the Federal and American Eagle brand. I know Olin-Winchester ran it at one time but I don't know if they have the contract now.
BAE Systems and Olin Corp.'s Winchester Ammunition Division have announced that they have formed a joint venture to pursue the U.S. Army's contract to manage, operate and maintain the Lake City Army Ammunition Plant.
The new company, called U.S. Munitions, will submit a proposal for the contract, which has a potential value in excess of $2 billion in sales over 10 years.
The Company said that U.S. Munitions combines the capabilities of BAE Systems Ordnance Systems, a subsidiary of BAE Systems, Inc., and Winchester Ammunition, a division of Olin Corp. U.S. Munitions provides experience in facilities management and ammunition manufacturing for the U.S. military.