Cobham wins helicopter contract with Defence Ministry
Cobham Aviation Services has reported that FB Heliservices, its joint venture company, has been awarded a four year contract, with two possible one year extensions, by the UK Ministry of Defence, to continue to provide helicopter flying training.
Cobham Aviation Services has reported that FB Heliservices, its joint venture company, has been awarded a four year contract, with two possible one year extensions, by the UK Ministry of Defence, to continue to provide helicopter flying training.
The contract, which begins on April 1st, is worth £193m.
Under the contract, the firm will provide training at RAF Shawbury, RAF Valley and AAC Middle Wallop, together with support services at RAF Shawbury and AAC Middle Wallop.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The contract represents a continuation of the existing Defence Helicopter Flying School and support services contract, which has been undertaken for the past 15 years.
NR
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published