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Monday, May 21, 2012

Lockheed Martin sole bidder left for frigates

[TCG Salihreis (F-246)]Lockheed Martin is the only serious contender left for Turkey’s naval frigate project after the Turkish navy rejected BAE Systems’ proposal. The project, however, could still be shelved for technical reasons.

U.S. defense industry giant Lockheed Martin has been left as the only bidder in the $3 billion project for the joint manufacture of six frigates for the Turkish navy after Ankara rejected the remaining contender BAE Systems’ proposal.

The project, however, may still not be awarded to Lockheed Martin if an agreement cannot be reached on the technical aspects of missile integration. Such an eventuality would cause the project to be shelved and then reshaped.

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