The deals are likely to be the last defense equipment announcement for a while following Prime Minister Theresa May’s surprise decision to hold a general election on June 8.
By itself, a one-satellite requirement is no big deal, but where the contract ends up could have implications for the future industrial base and military space procurement options in the U.K.
Britain has spent half a billion dollars over the last two years purchasing Paveway IV precision-guided bombs for use against Islamic State targets in Syria and Iraq, the British Ministry of Defence has revealed.
While the timing of any new referendum remains uncertain, and it’s possible it may never take place at all, senior defense sector figures here are already warning the impact of Scottish independence would likely be far more damaging than Britain’s upcoming departure from the European Union.
British defense companies are facing a 16 percent cut in the baseline profit rates they can earn on contracts awarded without competition, Defense Secretary Michael Fallon has told Parliament.