Rolls-Royce secures submarine contract
21 June 2012
Rolls-Royce has signed a contract worth over GBP 1 billion with the Ministry of Defense (MoD) to deliver reactor cores for the UK’s nuclear-powered submarine fleet.
This contract includes regeneration of the current Rolls-Royce submarine reactor core manufacturing facility in Derby. The Group will introduce the latest technology and manufacturing techniques to deliver increased efficiencies committed by the MoD and industry as part of the Strategic Defence and Security Review.
Under this contract Rolls-Royce will continue to maintain and operate its existing reactor core manufacturing facility in Derby, UK. The company will also complete a phased rebuild to provide a leading-edge manufacturing facility with the highest standards of safety to support future MoD program needs.