Britain Awards $3.3 Bln in Submarine Work to 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)