BAE loses out on £2bn MoD contract

By Amy Wilson 802PM GMT twenty-two March 2010

BAE Systems

Quentin Davies, apportion for counterclaim procurement, pronounced GD"s car was the "clear choice" to be the elite bidder for the car well known as FRES Scout. The company"s charity kick BAE on opening and cost, he said.

BAE will right away go forward with 500 programmed pursuit cuts in the UK vehicles business.

Babcock set to bag VT Group with 735p a share bid BAE set to lose out on MoD stipulate Liam Fox attacks �2bn tank understanding Engineer starts �1m box opposite MoD for Iraq injuries BAE says talks go on on�2bn Eurofighter stipulate BAE Systems says talks go on on �2bn Eurofighter stipulate

Mr Davies pronounced the MoD had to buy the most appropriate apparatus it could afford, in any case of how most of it is built by UK companies. GD is US-owned but pronounced winning the stipulate will concede it to sinecure 700 new staff and say 10,500 jobs together with supply chain.