This is within your budget:
https://www.larue.com/products/larue...-15-upper-kit/
I got mine with the 16" Stealth Barrel and then sold the muzzle break for 85 bucks or so. You could sell off some of the other parts too to get your total cost even lower if you didn't need/want them for your build. It's a kit but they offer to assemble the upper for you. I didn't see that it addeny additional cost. I got mine unassembled as I wanted to build it.
You can get the whole CM4 rifle for $1200 and it has a lot of nice features chf chrome barrel, pinned gas block, etc.. mrgunsngear has a new video on it and it shot very nice sub moa groups.
They had them for $999 when they launched, maybe black Friday will bring back those prices
I've had good luck with Clint's aka Black River Tactical's barrels. I think they'd fit the bill in both performance and price for you.
I will 2nd (or 3rd) WOA. I bought a complete 20” upper and it is very accurate. Here are some 5 shot groups at 100 and 10 shot group at 500 yards (52 gr smk and 77gr smk respectively)
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I love me some WOA uppers and had one, but it went south on me for no reason. Maybe a fluke, but my BCM's have never gone south. YMMV
PB
"Air Force / Policeman / Fireman / Man of God / Friend of mine / R.I.P. Steve Lamy"
Thanks, guys...
WOA would be nice, but those ALG handguards with the slots at 2, 4, 8, and 10 o'clock are a deal-breaker for me. Maybe if WOA will start building 16" uppers with their own "TR" handguards...
Anyway, this project is on hold until at least the second half of next year (2020), because I just lucked into a S&W 610 and a Glock 24 slide (thank you, GunBroker), and my attention and disposable income until next August are thereby accounted for...
An update:
Back in August I blew the COVID-dividend on a WOA upper (16" with WOA's own TLR handguard), a Magpul PRS, a Nikon Black 4-16x50 scope, etc. etc. etc.
Here it is, all together:
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