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| | Guardian | Alvis buys Vickers' defence business |
 | | Alvis yesterday became Britain's leading armoured vehicle maker by acquiring Vickers' defence business - manufacturer of the troubled Challenger 2 tank - from Rolls Royce for the knock-down price of £16.2m. |
 | | The deal, six months in the making, propels Alvis to one of the top three European armoured vehicle businesses and leaves it primed for further consolidation in the aftermath of the cold war. |
 | | The Vickers order book, worth £253m, includes a £218m Ministry of Defence order for engineer tank systems and a £30m annual contract to service the army's 386 Challenger tanks, which are due to remain in service until 2025. |
| www.guardian.co.uk /print/0,,4474954-110595,00.html (326 words) |
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