A new Ministry of Defence contract with an armoured vehicle parts factory, worth up to £125m, will help protect 125 jobs, company bosses have said.
Minister for the Armed Forces, Luke Pollard MP, announced the three-year contract for Cook Defence Systems in Stanhope, County Durham, to supply spare tracks for the British Army’s new Challenger 3 tanks.
Part of the William Cook Group, the factory has been manufacturing tracks and armour for tanks since World War Two.
Pollard said the contract with the Ministry of Defence (MoD) would not only strengthen the Army’s “warfighting capability” but also “sustain hundreds of skilled jobs in the North East”.
