Home / News / Fallon announces £539m investment in new missiles system
Fallon announces £539m investment in new missiles system
DB News: 21/04/2017 - 12:32
Defence Secretary Michael Fallon has announced three new missile contracts worth a combined £539 million for state-of-the-art Meteor, Common Anti-air Modular Missile (CAMM) and Sea Viper missile systems at MBDA Stevenage.
The deal will ensure the best equipment is available to the Armed Forces to protect the new Queen Elizabeth Class Carriers and the extended fleet from current and future threats. The contract will support missile modification and service support being carried out in Stevenage, Henlow, Bristol and Bolton.
According to the Ministry of Defence (MoD), the Meteor air-to-air missiles will arm the UK’s F-35B Lightning II squadrons. It will provide the Royal Air Force and Royal Navy with a world beating missile that can engage with targets moving at huge speed and at a very long range. The weapon will enter service on Typhoon with the RAF in 2018 and the F-35B from 2024, and will be used on a range of missions including protecting the Queen Elizabeth Class Carriers.
Commenting on the investment, Fallon, said: “This substantial investment in missile systems is vital in protecting our ships and planes from the most complex global threats as our Armed Forces keep the UK safe.
“Backed by our rising Defence budget, these contracts will sustain high skilled jobs across the UK and demonstrate that strong defence and a strong economy go hand in hand.
Tony Douglas, chief executive officer of Defence Equipment and Support, the MOD’s procurement organisation, added: “Work on these cutting-edge missiles, which will help to protect the UK at home and abroad and secure jobs across the country, demonstrates the importance of defence investment. That is why, working closely with our industry partners, we continue to drive innovation and value into everything we do; securing next generation equipment for our Armed Forces at the best possible value for the taxpayer.”