M&ATMTRUMOURED
SkyNet Satellite Contract Bids Vie for £2 Billion UK Defence Deal
Value
£2.0Bn
Acquirer
UK Ministry of Defence
Target
SkyNet Satellite Contract
Airbus and Lockheed Martin are competing for a UK Ministry of Defence contract worth up to £2 billion to build the next generation of military satellites. The decision will test the UK's pledge to 'buy British'.
✦ Meridian Analysis
This is a major defence procurement tender in the UK, highlighting competition between major aerospace and defence contractors. The outcome will have significant implications for the UK's sovereign defence capabilities and industrial strategy.
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