Lockheed favoured for $1.6 bn UK defence contract

The Times of India ^ | May 04 2003 | Reuters

[knighthawk]

LONDON: Defence contractor Lockheed Martin Corp is the frontrunner to win a one billion pound ($1.61 billion) contract for a UK ground-based air defence system, the Observer said on Sunday.

The newspaper said that industry insiders indicated Lockheed was the favourite to win the contract from Britain's Ministry of Defence.

Other contenders include Frances' Thales, European aerospace firm EADS and MDBA, a joint venture between Britain's BAE Systems and Italy's Finmeccanica, according to the Observer.

The four competitors are expected to be cut to two over the coming two weeks, with MBDA the most likely to join Lockheed in the final two, the paper added.

[knighthawk]

Ping

[MEG33]

Good news..Hope we do a mutually beneficial policy with the allies.

[Uncle George]

FRANCE---(Snicker). paybak, paybak, paybak. I see some more American JOBS here.

[facedown]

The four competitors are expected to be cut to two over the coming two weeks, with MBDA the most likely to join Lockheed in the final two, the paper added.

Excellent, so then the money will stay in the Coalition of the Willing either way.

Being American, naturally I'd rather see Lockheed win it!