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U.K. MoD Awards $5.9 Billion Contracts To Build Two Large Aircraft Carriers

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The U.K. Ministry of Defence Thursday signed contracts to procure two aircraft carriers for roughly $5.9 billion, the MoD said. Contractors receiving the awards included the joint venture BVT Surface Fleet (involving VT Group and BAE Systems), and the Aircraft Carrier Alliance. In detail, the contracts provide: $2.6 billion for building giant sections of both ships by BVT Surface Fleet at Govan on the Clyde and Portsmouth; $595 million to build giant sections of the ships at the BAE Systems…

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