In January 2016 financial close was reached on the latest phase of a UK Military Flying Training System by a joint venture Lockheed Martin and Babcock International, for the UK Ministry of Defence. The project includes providing flight simulators, as well as maintenance of infrastructure for training UK military personnel.
Further details in relation to this major £1 billion plus project can be found here.
We were delighted to provide model audit services on this project.
themodelauditor.com is the blogsite of the Mazars model audit team.