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Lockheed Martin UK Wins $1 Billion Contract for 245 Scout SV Turrets

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Lockheed Martin UK Wins $1 Billion Contract for 245 Scout SV Turrets
SCOUT SV At NATO Summit Sept. 2014 Photo: General Dynamics UK

General Dynamics UK [GD] awarded Lockheed Martin UK [LMT] a $1 billion contract to deliver 245 turrets for the Scout Specialist Vehicle (SV) scout reconnaissance variant, after GD UK won a $5.7 billion contract last month to provide 589 vehicles to the British army. The contract includes designing, manufacturing, integrating and testing the turrets, all of which will employ 880 people at Lockheed Martin’s Ampthill site in Bedfordshire. “This contract reflects the significant investment we have made in our workforce…

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