The Ministry of Defence (MoD) is keen to obtain the best possible equipment for the UK armed forces but its approach to procurement is changing, a government minister said on 10 September during the Defence and Security Equipment International (DSEI) exhibition in London.
"We are increasingly determined to do as much selling as buying," said Anne-Marie Trevelyan, Minister for Defence Procurement since 27 July. "We are already the second largest exporter of defence equipment in the world, selling equipment and security assets worth GBP20 billion [USD24.7 billion] last year."
In her keynote address, Trevelyan cited successful initiatives between the MoD and its partners in industry, such as the contract (reported by Jane's in August) for Elbit Systems UK to provide the Joint Fires Synthetic Trainer at multiple UK sites. This deal is worth an initial GBP30.5 million for five years, with optional extensions for six years.
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