UK retakes control of nuclear weapons contract from consortium

In this news, we discuss the UK retakes control of nuclear weapons contract from consortium.

LONDON (Reuters) – Britain on Monday said it would take back control of the country’s nuclear deterrent operation from a private consortium including Lockheed Martin LMT.N, Serco SRP.L and Jacobs Engineering JN

“The model change will do away with current trade agreements, improving the agility of the MoD in the future management of UK nuclear deterrence, while respecting core MoD objectives. and optimizing resources for the taxpayer, ”the government said. .

Serco said on Monday that the consortium would lose the contract.

Report by Guy Faulconbrigde and Paul Sandle

Original © Thomson Reuters

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