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Brexit costs UK another important contract

January 19, 2018 11:08 AM
By Bryan Lewis

Galilee satellite system

Galileo satellite navigation system

In 2010 the UK won a major contract to provide the backup monitoring centre for the EU's Galileo satellite navigation system which will eventually involve 30 satellites. EU will now relocate the centre to Spain.

The UK can no longer host the centre because of legal concerns over the security of Galileo being partly controlled in a non-EU country. Galileo is designed to provide highly accurate global positioning information for phones, cars, maritime, air, rail and emergency services.

Last November the EU announced that the London-based European Medicines Agency would be moving to Amsterdam with the loss of about 1,000 jobs and the European Banking Authority would be moving to Paris.

UK aerospace firms told a parliamentary select committee that they were being excluded from bidding for contracts because of Brexit and Airbus has warned that other countries were "knocking at the door" to take business from the UK amid the uncertainty caused by Brexit.