Rolls-Royce has won a contract worth more than £1 billion to deliver reactor cores for the UK’s nuclear-powered submarine fleet.
The contract from the Ministry of Defence (MoD) includes regeneration of Rolls-Royce’s current submarine reactor core manufacturing facility in Derby, UK. Rolls-Royce said it will introduce the latest technology and manufacturing techniques to deliver increased efficiencies, completing a phased rebuild to provide a “leading-edge manufacturing facility with the highest standards of safety”.
Rolls-Royce is the UK’s lead company, on behalf of the MoD, in nuclear submarine reactor systems and support services, including design, manufacture, procurement and operation.
Jason Smith, Rolls-Royce’s president of Submarines and chief operating officer of Nuclear, said: “This is excellent news that demonstrates the high level of trust the MoD has in both our technology and the expertise of our highly skilled workforce. This new facility will deploy advanced manufacturing techniques to enhance our world leading nuclear manufacturing capability.”
Rolls Royce’s customer base comprises more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
The London-based company posted revenues of £11.3 billion in 2011, and employs over 40,000 people in over 50 countries.
