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Lockheed wins £642 million defence contract

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-25-11 11:29 AM
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Lockheed wins £642 million defence contract
http://uk.reuters.com/article/2011/10/25/uk-lockheed-uk-warrior-idUKTRE79O2CJ20111025

(Reuters) - U.S. defence contractor Lockheed Martin said on Tuesday it had won a 642 million pound contract to upgrade Britain's fleet of Warrior armoured vehicles, supporting around 600 British jobs.

Lockheed Martin said, under the Warrior Capability Sustainment Programme (WCSP), it would be responsible for upgrades and enhancements extending the vehicles' service life to beyond 2040.

"The WCSP will provide a highly capable vehicle to fulfil the British Army's current and future requirements. It will also bring significant job opportunities for our team of suppliers based here in the UK," Alan McCormick, managing director in Lockheed Martin UK's Ampthill business, said.

The total cost of the upgrade is around 1 billion pounds of which Lockheed Martin can expect to book about two-thirds with the remainder going to other contractors.
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sam11111 Donating Member (638 posts) Send PM | Profile | Ignore Tue Oct-25-11 01:04 PM
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1. Weaponeers profit from war, promote war
Said G B Shaw. Nationalize them for less war
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