ORAC
23rd Feb 2004, 17:24
Not sure if this is brinkmanship or if they are preparing the market. I don't think the MOD is prepared to write them a blank cheque again. The days of cost plus contracts are over, whether they like it or not.
I think the government has done a deal with the French, hence their announcement that their second CV will be conventionally powered, and that Thales will move back into the driving seat and will take over as Prime - with BAe as a sub in the UK and DCN in France.
BAE in row over carrier budget (http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$L2ERZGGQPTXQ5QFIQMFCFFWAVCBQYIV0?xml=/money/2004/02/23/cnbae23.xml&menuId=242&sSheet=/money/2004/02/23/ixfrontcity.html&menuId=242&_requestid=69741) - Telegraph.
BAE Navy project threatened (http://www.thisismoney.com/20040222/nm74648.html) - Mail on Sunday.
I think the government has done a deal with the French, hence their announcement that their second CV will be conventionally powered, and that Thales will move back into the driving seat and will take over as Prime - with BAe as a sub in the UK and DCN in France.
BAE in row over carrier budget (http://www.money.telegraph.co.uk/money/main.jhtml;$sessionid$L2ERZGGQPTXQ5QFIQMFCFFWAVCBQYIV0?xml=/money/2004/02/23/cnbae23.xml&menuId=242&sSheet=/money/2004/02/23/ixfrontcity.html&menuId=242&_requestid=69741) - Telegraph.
BAE Navy project threatened (http://www.thisismoney.com/20040222/nm74648.html) - Mail on Sunday.