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Advising the Ministry of Defence on the Financial Closing of its Latest Training Package for Fixed Wing Aircraft

05 Feb 2016

Simmons & Simmons has advised the Ministry of Defence (‘MOD’) on the financial closing of its latest training package for Fixed Wing aircraft under the tri-service UK Military Flying Training System.

Originally appointed for the PPP Framework Agreement and the first training package for Fast Jet Training, Simmons & Simmons have also acted on the Rear Crew training package. This latest transaction covering Fixed Wing aircraft financially closed on 01 February 2016.

Partner Richard Dyton, who led the transaction, commented: "We are pleased to have acted on this, the latest and most complex of the three incremental training packages for the Ministry of Defence.” He continued; "We are proud to have represented the MOD on some of its most innovative transactions for the last 30 years."

Matter Type
Banking & Finance - Capital Markets: Structured/Project Finance
Industry
Government & Public Policy
News Category
Banking & Finance