Britain is finally moving ahead with the first phase of a fundamental restructuring of its guided-weapons sector, but U.S. companies remain sidelined despite two years of fruitless talks. The U.K.’s Team Complex Weapons (Team CW) effort received the formal go-ahead from Ann Taylor, the minister for defense equipment and support, at the Farnborough air show, 24 months after the initiative was unveiled by her predecessor Paul Drayson. He was the architect of the ministry’s Defense ...


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