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Report: US Firms in Running to Buy UK State-Owned Military Vehicle Services Arm

ContractSigningSeveral U.S.-based companies are interested in acquiring Britain’s state-owned military vehicle and equipment services provider Defence Support Group, Defense News reported Monday.

Andrew Chuter writes Dyncorp International, General Dynamics, KBR Inc., Northrop Grumman and URS Corp. have submitted bids for DSG.

DSG has also received acquisition offers from several British firms, including Babcock International and Carillion plc, Chuter writes.

Defense News reports the U.K. government decided to sell DSG following a strategic defense and security review.

The British defense ministry and financial adviser Lazard will invite shortlisted bidders for the negotiation process by the end of this month, according to Chuter’s article.

DSG was created to maintain, repair and upgrade armored vehicles and small weapons for the British military.

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