Rolls-Royce awarded $11 bln nuclear submarine contract
Government
LONDON Britain's government on Jan. 24 announced a deal with engine-maker Rolls-Royce to support the Royal Navy's fleet of nuclear submarines, seen as boosting economic growth and national security. The multi-year contract with the British company, worth 9 billion pouds ($11 billion), is expected to create more than 1,000 U.K. jobs and safeguard 4,000 more, the Labour administration headed by Prime Minister Keir Starmer said in a joint statement. Labour has put growing the U.K. economy at the
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