Fallon Announces £539 Million Investment In New Missiles Systems

Three new missile contracts worth a combined £539 million have been announced today. 

Defence Secretary Sir Michael Fallon announced the state-of-the-art Meteor, Common Anti-air Modular Missile (CAMM) and Sea Viper missile systems at MBDA Stevenage.

The half-billion-pound contracts will sustain over 130 jobs with MBDA in the UK, with missile modification and service support being carried out in Stevenage, Henlow, Bristol and Bolton according to the Government.

The contract will see MBDA deliver the Meteor air-to-air missiles for the F-35B jets that will operate from the Royal Navy’s new Queen Elizabeth-class aircraft carrier.

The weapon will enter service on Typhoon with the RAF in 2018 and the F-35B from 2024, and will be used on a range of missions including protecting the QE carriers.

Defence Secretary Sir Michael Fallon said:  

"This substantial investment in missile systems is vital in protecting our ships and planes from the most complex global threats as our Armed Forces keep the UK safe."

"Backed by our rising Defence budget, these contracts will sustain high skilled jobs across the UK and demonstrate that strong defence and a strong economy go hand in hand."