There is a link to the procurement document embedded in the article. The document says up to $100 million over five years, and refers to bullet batches of millions.
It’s the cost per bullet that shocks me.
For a 100 million bucks, it could be anywhere from $10.00 to 10 cents per bullet based on 1 million to 999 million bullets.
With that size bulk purchase, it should be less than a penny per bullet.