Jan. 30 (Bloomberg) -- Britain is to develop a Royal Navy missile-defense system capable of intercepting and destroying missiles travelling at supersonic speeds, the Ministry of Defence said.
The system, known as Sea Ceptor, will be developed under a 483 million-pound ($759 million) contract with missile-maker MBDA, which is jointly owned by European Aeronautic, Defence & Space Co., BAE Systems Plc and Finmeccanica SpA, the defense ministry said in a statement in London today. The contract will sustain about 500 jobs, it said.
“The introduction of this cutting edge missile system will not only ensure that the Royal Navy will be able to continue protecting our interests wherever they be, but is also highly significant in sustaining and developing the U.K.’s skill in building complex weapons,” said Peter Luff, the defense procurement minister.
Sea Ceptor has been designed for initial use on the Type 23 frigate to replace the Sea Wolf air-defense system when it goes out of service in 2016 and is planned to be used on the Type 26 Global Combat ship. It could be adapted for use by the Army and the Royal Air Force in the future, the defense ministry said.
--Editors: Stephen Kirkland, Paul Jarvis
To contact the reporter on this story: Andrew Atkinson in London at email@example.com.
To contact the editor responsible for this story: James Hertling at firstname.lastname@example.org.