
BAE Systems was awarded $382 million in additional contract funding to finish the final phase of design work for a successor to the Royal Navy’s Vanguard-class submarines that carry the U.K.’s nuclear weapons, the company said on Wednesday.The previous contracts for the project were awarded to BAE in 2012 for $488 million and $468 million to begin initial design work.The latest contract will sustain over 1,400 jobs in the program. BAE is engaged with over 240 suppliers for the program…