Military AircrewA forum for the professionals who fly the non-civilian hardware, and the backroom boys and girls without whom nothing would leave the ground. Army, Navy and Airforces of the World, all equally welcome here.
You are of course right about restrictions on Air Officers but the purdah period (minimum 3 months regardless of next job maximum of 18 months if you've been associated with a particular procurement project) is not that long in most cases.
The galling thing is you have to write to the civilian Personnel Director to get his permission!!
Location: 30,000 lightyears from the galatic centre
Reuters this morning 23/1/04
Serco falls on report to lose out on air contract Fri 23 January, 2004 08:33
LONDON, Jan 23 (Reuters) - Shares in British services firm Serco Group SRP.L fell on Friday on a press report that it was among a consortium set to lose out on a 13 billion pound ($24 billion) air tanker contract.
The Financial Times newspaper reported that Britain was set to award the contract to a consortium led by Franco-German defence group EADS EAD.PA over a rival consortium including Boeing BA.N , BAE Systems BA.L and Serco.
"The announcement is still outstanding and we're not going to speculate on the potential of the announcement," said Kevin Johnson, Serco's head of media and public relations.
Boeing, BAE Systems and Serco each has a 31.67 percent stake in the consortium, with Spectrum Capital as a minor partner.
By 0830 GMT Serco's shares were down 2.3 percent at 185 pence, having earlier fallen to 172p.
Orion says Buy RR and BAE, and SRP when the S$$t has settled as ther are an excellent long term bet
Interesting to see all the celebratory messages prior to an actual announcement.
It's perhaps worth noting that Serco's share price could be fluctuating as a result of other matters than FSTA. I'm not sure what EADS price has done this week, but sometimes share prices even go down on winning a contest.
I guess you're not on the city slickers editorial team, Orion, as you are proudly advocating purchasing shares in RR (the engine supplier to AirTanker and TTSC) and BAE (team member on TTSC and wing builder on AirTanker). Hardly rocket science, is it?
Beagle/impiger I think you will find that KF's extended "gardening leave" had more to do with Tanker Transport muttering darkly about unfair competition during the bid process, than any govt edict! Can now be found during office hours in offices close to a very large M&S store, North of Bristol!
edited following BEagle's kind advice!
Last edited by newswatcher; 24th Jan 2004 at 00:33.