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UK to award tanks contract to GD.N

LONDON (Reuters) - The government will award a key army contract to U.S. firm General Dynamics <GD.N>'s UK arm on Monday, leaving rival British bidder BAE Systems <BAES.L> out in the cold, according to the Sunday Times. The first phase of the 4 billion pounds contract to build armoured reconnaissance vehicles will be announced on Monday, the newspaper said.

21 March 2010 15:26 GMT

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LONDON (Reuters) - The government will award a key army contract to U.S. firm General Dynamics 's UK arm on Monday, leaving rival British bidder BAE Systems out in the cold, according to the Sunday Times.

The first phase of the 4 billion pounds contract to build armoured reconnaissance vehicles will be announced on Monday, the newspaper said.

BAE had put forward a jobs creation package in an attempt last week to secure the deal.

The Ministry of Defence said only that "an announcement would be made in due course."

General Dynamics UK could not immediately be reached for comment.

(Reporting by Rosalba O'Brien)

(c) Reuters 2012. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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