BAE Lands $4.8B UK Contract to Build Type 26 Warships; Charles Woodburn Comments

BAE Systems has received a potential $4.8 billion contract from the U.K. defense ministry to build the first three ships under the country’s Type 26 Global Combat Ship program.

The company said Sunday the contract is expected to create at least 3,400 jobs across the U.K. and that it will begin the steel-cutting operation on the first ship in Glasgow, Scotland, in the next few weeks.

BAE CEO Charles Woodburn said the contract seeks to reflect its employees’ talent and build up Glasgow as U.K.’s shipbuilding center.

Woodburn added that the company is constructing five River-class patrol vessels for the British navy at its shipyards in Glasgow.

The U.K. government pledged to purchase eight Type 26 combat ships to replace Type 23 frigates designed to perform anti-submarine warfare operations and support humanitarian missions.

The Type 26 supply chain already has 33 companies that are working to deliver the combat vessels.

Check Also

Leonardo DRS

Leonardo DRS Secures $250M Army Tactical Terminal Replacement Contract

Leonardo DRS has been awarded a five-year, $250M contract to replace the U.S. Army's satellite communications terminals designed for tactical users. The contractor will help the Army replace the terminals that are set for decommissioning in fiscal year 2025, the Department of Defense said Wednesday.

Vicki Schmanske President Leidos Intell Group

Leidos Books Potential $960M CBP Software Dev’t BPA; Vicki Schmanske Quoted

Leidos (NYSE: LDOS) has received a potential five-year, $960M blanket purchase agreement to develop software to support the Customs and Border Protection’s traveler vetting procedures.