Business
Ascent joint venture contract award
Ascent joint venture contract award.
About this update from Babcock International Group Plc
[{"type":"text","content":"\n \nRNS Number : 7888N Babcock International Group PLC 02 February 2016 \n\n2 February 2016\n \n \nBabcock International Group PLC (Babcock or the Group)\n \nAscent joint venture awarded contract to train UK military fixed wing pilots\n \nThe UK's Ministry of Defence (MOD) has today announced the award of a £1.1 billion contract to deliver the fixed wing element of the UK Military Flying Training System (UKMFTS) to Ascent Flight Training Ltd (Ascent). \n \nAscent, a 50/50 joint venture between Babcock and Lockheed Martin, is responsible for delivering the UK Military Flying Training System (UKMFTS) through to 2033, in partnership with the MOD. The aircrew training will take place at several military sites and comprises the delivery of three aircraft types, together with the provision of instruction, infrastructure and full life support through to 2033.\n \nBabcock's Chief Executive Peter Rogers said:\n \n\"Fixed wing training is an important part of the 25-year UKMFTS programme. Today's announcement secures the future of fixed wing flight training for the UK's Armed Forces.\"\n \nEnds\n \n \nEnquiries\n\n\n\n\n \nBabcock International Group PLC\n\n\n \n020 7355 5300\n\n\n\n\nFranco Martinelli\nKate Hill\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting \n\n\n020 3727 1340\n\n\n\n\nAndrew Lorenz\nNick Hasell\n \nAscent Flight Training Ltd\nPress office\n\n\n \n \n \n075 9060 0643\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCLLFILFLIFIIR\n ","length":3807,"tagName":"div"}]