via Defense Aerospace.
The boss of US defence giant Lockheed Martin has been given a dressing down by the MoD over spiralling costs and delays on a £1bn contract to upgrade Britain’s tanks.
Lockheed was hired almost six years ago to overhaul and fit new gun turrets to Britain’s ageing fleet of Warriors, which have served in the Gulf, Bosnia and Iraq.
However, the American company is understood to be struggling with costs and complexity over the overhaul.
Lockheed has not yet completed an initial contract to upgrade 12 demonstration tanks, significantly delaying the award of a follow-on deal to fit out the fleet of more than 600 vehicles. (end of excerpt)
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