Investing
UK says Lockheed Martin, BAE Systems win nearly $200 million contract, to create 140 jobs
© Reuters. FILE PHOTO: F-35 aircraft is parked on a tarmac during a NATO media event at an airbase in Malbork, Poland, March 21, 2023. REUTERS/Lukasz Glowala
(Reuters) – Lockheed Martin Corp (NYSE:) and BAE Systems (OTC:) Plc won a F-35 jet maintenance support contract worth 161 million pounds ($200 million), creating 140 jobs in Britain, the country’s Ministry of Defence said on Tuesday.
The contract was signed by the U.S. Joint Program Office and Lockheed Martin as F-35 prime contractor, with BAE Systems to carry out the work as a sub-contractor, the government said in a statement.
Of the 140 jobs, 130 jobs will be based at the Norfolk base and around 10 jobs more would be created through the supply chain, the statement added.
($1 = 0.8053 pounds)
Read the full article here
-
Side Hustles5 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Make Money6 days ago
15 Jobs That Will Shrink the Fastest Over the Next Decade
-
Side Hustles6 days ago
How to Maximize Your Profits With This Annual 8-Step Checklist
-
Passive Income6 days ago
Why Email Marketing Is Still Your Business’s Most Powerful Tool
-
Side Hustles6 days ago
Want to Start a Business? Consider Buying One Instead — Here’s Why.
-
Investing5 days ago
Germany stocks lower at close of trade; DAX down 0.65% By Investing.com
-
Investing6 days ago
Netherlands stocks lower at close of trade; AEX down 0.80% By Investing.com
-
Investing5 days ago
How I Transformed My Business by Letting Go of Low-Value Tasks