There was a reason the Army dropped the M14 as their primary sniper system. Semis are a lot harder to make into a hyper-accurate weapon. It's perfectly adequate in the squad support role but you can spend a lot of coin and still not significantly improve a loaded M1A's inherent accuracy. 2MOA seems pretty respectable.
Assuming you haven't had any (correct me if I'm wrong) but I'd maybe start with a battle rifle class and see if that improves things first. It might also be a good resource for where you should invest your money to see the largest payoff.
If you're really sure it's the M1A, than a specialist gunsmith upgrade (Smith Enterprises) with a new krieger barrel would be the place I'd start...of course you're going to drop $600-700...to start.
Sure you wouldn't want a FAL?
It is bad policy to fear the resentment of an enemy. -Ethan Allen
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