Rolls-Royce has signed the largest contract in its history with the UK Ministry of Defence (MoD), an eight-year agreement valued at approximately £9 billion.

Dubbed the "Unity" contract, it encompasses the research, design, manufacture, and support of nuclear reactors that power the Royal Navy’s fleet of submarines,

A £9bn deal for nuclear submarine reactors has been agreed between the Ministry of Defence and Rolls-Royce - the biggest ever between the two. Defence Secretary John Healey announced the agreement on Friday during a visit to the firm's nuclear reactor production facility in Derby.

Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) eight-year contract to design, make and support the nuclear reactors that power its fleet of submarines, amid U.S. calls for higher defence spending.

Labour has put growing the U.K. economy at the forefront of its plans since returning to power in July—but has yet to deliver on its pledge.

Rolls-Royce has won its biggest-ever contract with the Ministry of Defence (MoD). The engineering giant agreed a £9billion eight-year deal to make nuclear submarine reactors for the Royal Navy. The contract – dubbed Unity –will create more than 1,

Under the deal with the Ministry of Defence, the British engineering company will make nuclear submarine reactors for the Royal Navy. View on euronews