20th Nov 2015 06:41
LONDON (Alliance News) - Defence contractor BAE Systems PLC on Thursday said it has been awarded a GBP1.3 billion contract to handle the delivery of the fifth Astute Class submarine for the UK's Ministry of Defence.
The FTSE 100-listed company said the contract will include the design and remaining build, test and commissioning work on the fifth submarine, called Anson. The submarine is now at an advanced stage and is on schedule to leave BAE's Cumbria site for sea trials in 2020.
"Signing this contract is an important milestone in the Astute programme. This is a hugely complex national endeavour, and we are proud of the role we play in helping to protect our nation's interests," said Tony Johns, the managing director of BAE Systems Submarines.
By Sam Unsted; [email protected]; @SamUAtAlliance
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