09:52 AM EST, 11/13/2026 (MT Newswires) -- The UK Ministry of Defence extended its competitive tender between Airbus (AIR.PA, AIR.F, AIR.MC) and Lockheed Martin (LOM.F) for a military satellite contract worth more than 2 billion pounds sterling, London's Financial Times wrote Friday, citing people familiar with the matter. The British ministers failed to reach a decision before the companies' bids expired on the same day, and the tender has been extended for two to three weeks. The Ministry of Defence did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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