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Lockheed Martin UK Wins $1 Billion Contract for 245 Scout SV Turrets

Thursday, October 23rd, 2014

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General Dynamics UK [GD] awarded Lockheed Martin UK [LMT] a $1 billion contract to deliver 245 turrets for the Scout Specialist Vehicle (SV) scout reconnaissance variant, after GD UK won a $5.7 billion contract in September to provide 589 vehicles to the British army. The contract includes designing, manufacturing, integrating and testing the turrets, all of which will employ 880 people at Lockheed Martin’s Ampthill site in Bedfordshire. “This contract reflects the significant investment we have made in our workforce…

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