Mon, 15 Dec 2014The Ministry of Defence (MoD) has awarded a £270m contract to British multinational defence, security and aerospace company BAE Systems, sustaining hundreds of jobs and creating 40 highly skilled engineering roles.

The deal to upgrade the Royal Navy’s Spearfish heavyweight torpedoes will ensure manufacture at BAE Systems’ facility in Portsmouth for a further 10 years.

The Spearfish programme supports 60 jobs in Broad Oak, where the torpedo is designed and manufactured, with BAE Systems recruiting an additional 40 new skilled engineers to work on the programme.

The company estimates that hundreds of jobs will be sustained throughout its supply chain.