Lockheed-Elbit Team Joins British Tank-Upgrade Competition

The battle tank Challenger 2 of the 3rd Troop ''D'' Squadron of the Royal Dragoon Guards (RDG) ploughs through the sand September 25, 2001 north of Thumbrait, Oman. The squadron is taking part in exercise Saif Sareea II, a bi-lateral military exercise in Oman in which more than 20,000 troops …
Pete Bristo/British Army/Getty

Defense News reports: London — Lockheed Martin UK is to team with Israel’s Elbit Systems in its bid to secure a deal to update the British Army’s aging fleet of Challenger main battle tanks.

The two companies revealed their collaboration pact just 24 hours ahead of the closing date for the submission of industry proposals to undertake the assessment phase on a program which could see up to 227 tanks updated at a cost of £624 million ($816 million).

The requirement has attracted the attention of some of the leading companies in the western armored-vehicles sector.

A consortium led by BAE Systems and General Dynamics, the newly announced Lockheed Martin–Elbit Systems UK team, Rheinmetall, Swiss defense company Ruag and a CMI Defence-Ricardo UK partnership have all announced over the last couple of months they will bid.

Read more here.