“Contractorization” may be an ugly word, but for Lockheed Martin and Britain’s VT Group, it is pretty good business. Their joint venture, called Ascent, last month won a £635 million ($1.25 billion) contract to provide the military flying training system (MFTS) for UK armed forces over the next 25 years. During that time, a further £6 billion ($11.8 billion) could be spent on training aircraft, simulators, equipment and services.
Defence Helicopter Flying School
Three teams bidding to take over the provision of UK search-and-rescue helicopter (SAR-H) services beginning in 2012 submitted their responses to the initial invitation to tender at the end of January and are embarking on a further round of dialogue before the program moves to the next selection stage.