Rolls-Royce Reveals £1.0 Bn Submarine Contract from Britain
Rolls-Royce said on Monday it had won a contract worth more than £1.0 billion (1.24 billion euros, $1.57 billion) to power Britain's next-generation nuclear submarines.
The British power-systems group, which is best known for producing engines for planes, said the contract includes regeneration of the current Rolls-Royce submarine reactor core manufacturing facility in Derby, central England.
"Rolls-Royce, the global power systems company, has signed a contract worth in excess of £1 billion with the Ministry of Defense to deliver reactor cores for the UK's nuclear-powered submarine fleet," Rolls said in a statement.
Source: Agence France Presse
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