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You are here:  Home / Security Industry / Analysis: European defense contracts

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Analysis: European defense contracts

By LEANDER SCHAERLAECKENS, UPI Correspondent
Published: May 12, 2008 at 2:58 PM
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BRUSSELS, May 12 (UPI) -- U.K. Ministry of Defense announces FRES contract

The British Ministry of Defense announced that the Piranha 5, a medium-weight armed patrol vehicle, has been selected over the Nexter and ARTEC for the Future Rapid Effects System, a statement said.

The Piranha 5, still incomplete, is a bigger version of its predecessor, the Piranha 4, and has superior electronics.

The competition was for some 2,000 vehicles and about $14 billion, and the winner will supply the British army with protected mobility, communication and utility vehicles.

The idea behind FRES is to create a mobile army that can easily be deployed abroad. The Piranha can easily be airlifted into war zones.

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