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BAE Systems duels General Dynamics over tanks
BAE Systems and General Dynamics are squaring up over the Fres (Future Rapid Effect System) specialist vehicles contract. On Thursday the groups will pitch their offers to the Ministry of Defence for the £2 billion first slice of the deal, for 600 vehicles. The winner is expected to be in pole position for the rest of the Fres order.
The Times
US politicians face inquiry into arms deals
More than 30 US politicians, among them seven members of a defence procurement committee, are being investigated in congressional ethics inquiries into influence-peddling, according to a document leaked accidentally on to the internet.
The Times
BAE Systems acquires VT Group's 45% shareholding in BVT
BAE Systems has announced that it hascompleted the acquisition of VT Group's 45% shareholding in BVT Surface Fleet Limited (BVT). BVT is now wholly owned by BAE Systems and will be renamed BAE Systems Surface Ships Limited.
Defpro
Ruling To Delay Arrival of Swedish Armored Vehicle
Sweden's Land Forces could face a delay of more than 12 months in the delivery of its next-generation armored all-terrain wheeled vehicles following a ruling by the Stockholm Administrative County Court (SACC) ordering Försvarets Materielverk (FMV), the Swedish defense materials procurement agency, to organize a new tendering process.
Defense News
US calls for transparency by Chinese military in Asia-Pacific region
According to DD India, the commander of the US aircraft carrier group for the Asia-Pacific region on Friday asked China to develop greater transparency in its maritime activities to keep stability in the region.
Defpro
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