Home / Contract Awards / UK Defense Ministry Awards BAE $1.8B Nuclear Submarine Construction Contract

UK Defense Ministry Awards BAE $1.8B Nuclear Submarine Construction Contract

BAE Systems has received a potential $1.79 billion contract from the U.K.’s defense ministry to design and build a nuclear-powered attack submarine for the British navy.

BAE said Wednesday that Agamemnon will be the sixth of seven Astute-class submarines to be constructed at a company facility in Cumbria, England.

Each Astute-class submarine is powered by a nuclear reactor and designed to launch Tomahawk cruise missiles and produce  oxygen and fresh water.

BAE noted the HMS Astute, Ambush and Artful submarines are currently in service with the British navy while an additional four Astute-class submarines are in various stages of construction at the company’s Barrow-in-Furness facility.

The company also serves as the industrial lead for the service branch’s Dreadnought ballistic nuclear missile submarine program.

Check Also

F5 to Buy Shape Security for $1B; Francois Locoh-Donou Quoted

F5 Networks (Nasdaq: FFIV) has agreed to acquire Santa Clara, Calif.-based Shape Security for approximately $1B in cash as both companies aim to help government and enterprise customers secure digital experience with integrated offerings.

Paratek Secures $169M Anthrax Antibiotic Development Contract Under HHS Project BioShield

The Department of Health and Human Services has awarded Paratek Pharmaceuticals a potential a five-year, $169M contract to further develop an antibiotic drug as a potential treatment for inhalation anthrax.