Marshall Aerospace and Defence Group can confirm that it has not been able to reach agreement with Boeing for the conversion work on the RAF’s new fleet of Airborne Early Warning and Control Fleet E-7 Wedgetail aircraft.
MADG Chief Executive Alistair McPhee explains:
“Naturally we are very disappointed that, despite the very best efforts of all parties, we have not been able to find a way to make the programme commercially viable for our business.
“We did not expect to find ourselves in these circumstances however it is important now that Boeing are able to concentrate on progressing with an alternative supplier.
“As a UK business we would have been incredibly proud to partner with Boeing to play our part in delivering such an important new platform for the RAF, however we have to balance that against what is right for the long term future and financial security of our independent, private company.
“Our absolute priority now is to continue to support Boeing and the RAF over the coming weeks and months to ensure that the programme remains on track. We will, of course, collaborate closely with all parties and do whatever we can to affect a smooth and efficient transition.
“The E-7 Wedgetail will ultimately be a hugely valuable asset to the RAF over the decades ahead and I would like to go on record to thank the team here at MADG, our colleagues at MoD and Boeing along with the many different elements of our supply chain who have been working so hard to try to find a way forward.”