Rolls-Royce has secured a contract worth in excess of £1bn from the Ministry of Defence (MoD) to deliver reactor cores for the UK’s nuclear-powered submarine fleet.

Under the contract, the British power systems company will continue to maintain and operate its existing reactor core manufacturing facility in Derby, UK. The group will also complete a phased rebuild to provide a manufacturing facility with the highest standards of safety to support future MoD programme needs.

Jason Smith, president of submarines and COO for nuclear at Rolls-Royce, 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 employs over 40,000 people in offices and manufacturing and service facilities in over 50 countries.