“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
UK MoD assesses JAMES replacement options
The UK MoD has confirmed that it expects to move to the invitation to tender (ITT) stage on its JAMES (Joint Asset Management and Engineering Solutions) logistic system replacement requirement, and will select a preferred bidder this year.
In late May, the MoD received responses to pre-qualification questionnaires (PQQs) for the successor to JAMES, which is used by British armed forces. Once all the PQQs are evaluated, between three and six bids will go through to the ITT stage.
While the MoD was unwilling to say which companies have submitted PQQs ‘for commercial reasons’, Lockheed Martin is known to be
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