Contracts of course have to change but it seems both the FRES SV (specialist Vehicles) and Warrior CSP (Capability Sustainment Programme) projects have moved up in value
Lockheed Martin announced the contract award in October 2011, stating its value to be £642 million
From a recent FOI request, current value of £651 million
FRES Specialist Vehicles Reconnaissance Block 1
General Dynamics announced the contract award in July 2010, stating the value of the contract to £500 million
The same FOI request now puts the contract value at £600 million
Read more on the FOI request, click here
One of the commenter’s wondered if it was some discrepancy with reporting exclusive or inclusive of VAT figures on the part of General Dynamics?
I suppose we will have to wait and see!