Scottish firm expands in the US

The Scottish company, WFS, has won a development deal from GD. See an article here. WFS works on advanced radio waves propagation techniques. Like many Europeon companies they have looked to the US and the expanded defense budgets of the last 7 years to gain work. It also again demonstrates that in the long run it is cheaper and more efficient for US companies to look overseas for existing capabilities, rather than develop them internally.

Britain signs CV contract

The British Ministry of Defense signed the contract with the VT Group to build the two new aircraft carriers for the Royal Navy. See an article here. Previous reports had the Scottish government worried that Britain might renege on the deal due to differences with the emerging nationalistic mood in Scotland. See a post here. The total contract value is about $7.5 B with as always with these kind of programs the chance to go higher.