Author: Mary-Louise Hoffman|| Date Published: February 9, 2016
BAE Systems has received an additional $290 million in contract funds to continue work on a replacement platform for the U.K.’s Vanguard-class nuclear ballistic missile submarines, The Telegraph reported Monday.
Alan Tovey writes BAE will use the money to build Successor-class submarine layouts, systems and prototypes for the British navy.
The U.K. has invested more than $1.4 billion in the project’s design phase and to expand shipyards where the company will build the country’s future submarine fleet, Tovey reports.
BAE will lead a team of subcontractors including Babcock and Rolls-Royce, which will develop nuclear reactor technology for the Successor-class project.
The Telegraph estimates the entire program will cost about $45 billion.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
BAE Systems has received an additional $290 million in contract funds to continue work on a replacement platform for the U.K.’s Vanguard-class nuclear ballistic missile submarines, The Telegraph reported Monday.
