QinetiQ confirms that it has been advised by the MoD that the procurement for Package 1 of the DTR programme is to be terminated with immediate effect.
The MoD has stated that it believes that commercial and financial close, scheduled for March 2011, cannot be achieved within the prescribed period, and the project is unaffordable. As a consequence, the MoD has concluded it is necessary to terminate the DTR procurement and Metrix’s appointment as preferred bidder. The MoD intends to examine a…
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