Colt & Black Hills Team Up to Sell Ammo at Midway USA

Colt-branded 5.56 NATO ammo is being manufactured by Black Hills Ammunition and sold through Midway USA according to a recent announcement. Colt Manufacturing issued a press release stating that the new ammo “…is specifically tuned for Colt tactical and competition rifles.”
video
The new ammo was developed to deliver five-shot, 5″ groups at 500 yards out of Colt rifles. According to Colt:
This “Triple Nickel” assures the experienced shooter incredible performance right out of the box, with no need for load development or experimentation.
Initial production offers two loads: a 55 grain Sierra MatchKing BTHP at 3200 fps and a 77 grain Sierra MatchKing BTHP at 2750 fps. The 55 grain load sells for $19.99/box of 20, while the heavier load sells for $20.99/box of 20.