Contract is worth $2 billion.
Staff, Marketwatch19 November 2015
Defense and aerospace firm BAE Systems PLC (BA.LN) said Thursday it has been awarded a contract by the U.K. Ministry of Defense for the fifth Astute Class submarine, taking the total value for work on the vessel to 1.3 billion pounds ($2.0 billion).
The contract covers the design and remaining build, test and commissioning activities on Anson, the fifth of seven technologically-advanced submarines in the class, BAE said.
Manufacturing started in 2010 and Anson is now at an advanced stage of construction and on schedule to leave for sea trials in 2020.
No comments:
Post a Comment