MBDA's Sea Ceptor Missile
Leading missile manufacturer MBDA has secured a £539m UK Government contract, safeguarding hundreds of high-skilled UK jobs.
Secretary of State, Sir Michael Fallon, has announced three new missile contracts worth a combined £539m for state-of-the-art Meteor (£41m), Common Anti-air Modular Missile (£323m) and Sea Viper missile systems (£175m) at MBDA Stevenage.
The trio of contracts worth over half a billion-pound will sustain over 130 jobs with MBDA in the UK, with missile modification and service support being carried out in Stevenage, Henlow, Bristol and Bolton.
Sir 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.”
Dave Armstrong, managing director of MBDA UK, added: “MBDA is delighted by the continued trust placed in us by the Ministry of Defence and the British military.
“The contracts announced today for Meteor, CAMM and Sea Viper will help protect all three UK Armed Services, providing them with new cutting-edge capabilities and ensuring their current systems remain relevant for the future.
“They will also help to secure hundreds of high-skilled people at MBDA UK and in the UK supply chain, maintaining the UK’s manufacturing base and providing us with a platform for exports.”
Tony Douglas, chief executive officer of defence equipment and support at the MOD’s procurement organisation, also heaped praised the news.
He said: “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.”