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US firm wins UK tank-making deal | US firm wins UK tank-making deal |
(10 minutes later) | |
US defence firm General Dynamics has won a contract to build a new light tank for the British Army. | US defence firm General Dynamics has won a contract to build a new light tank for the British Army. |
The firm, which plans to manufacture most of the new tank in the UK, beat rival bidder BAE Systems to secure the contract. | The firm, which plans to manufacture most of the new tank in the UK, beat rival bidder BAE Systems to secure the contract. |
The news is a blow for BAE's factory in Newcastle, which was earmarked to build the company's tank. | The news is a blow for BAE's factory in Newcastle, which was earmarked to build the company's tank. |
General Dynamics UK claims that the contract will safeguard or create 10,500 jobs in the UK. | |
The new light tank is designed to replace the Scimitar scout vehicle, providing troops with more protection and firepower. | The new light tank is designed to replace the Scimitar scout vehicle, providing troops with more protection and firepower. |
The contract is reported to be worth £4bn ($6bn). | The contract is reported to be worth £4bn ($6bn). |