New Wave Media

May 14, 2018

Britain Awards $3.3 Bln in Submarine Work to BAE Systems

(File photo: BAE Systems)

(File photo: BAE Systems)

Britain on Monday awarded defence firm BAE Systems 2.4 billion pounds ($3.26 billion) to work on two submarine programmes, the company said in a statement.

The Ministry of Defence gave BAE a 1.5 billion pound contract for delivery of the seventh Astute class submarine, and a further 900 million pounds for the next phase of the Dreadnought submarine program, the company said.


($1 = 0.7364 pounds)

(Reporting by Alistair Smout; editing by Kate Holton)

BAE SystemsMinistry of DefenceUnited Kingdom