BAE SYSTEMS GETS GREEN LIGHT ON $4.9 BILLION DEAL FROM UK FOR 3 TYPE 26 FRIGATES

Sourced : Defence News

By: Andrew Chuter

The British government has given the green light to BAE Systems to build three Type 26 anti-submarine warfare frigates in a deal worth around £3.7 billion, or U.S. $4.9 billion, Defence Secretary Michael Fallon announced.

The deal is the first batch of a fleet of eight warships due to be handed over to the Royal Navy to replace the current Type 23 frigates for escorting the new Queen Elizabeth class aircraft carriers and protecting the nuclear submarine fleet as they come and go from their base in Scotland.

No precise delivery timelines for the new warships have been given by the MoD, but a BAE spokesman said the ship was scheduled to be accepted by the Royal Navy around the mid-2020s.

Read more at : http://www.defensenews.com/articles/bae-systems-gets-green-light-on-49-billion-deal-from-uk-for-anti-sub-warfare-frigates

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