Rolls-Royce wins 96 mln pounds Royal Navy contract UPDATE

07/10/2008 01:12. LONDON (Thomson Financial) - Rolls-Royce (other-otc: RYCEY.PK - news - people ) said it has won a 96 million pounds power and propulsion equipment contract from the UK Royal Navy.

The contract includes four MT30 gas turbines for two of the world's largest warships -- the UK's new 65,000 tonne aircraft carriers, HMS Queen Elizabeth and HMS Prince of Wales.

Rolls-Royce said the equipment supplied is part of a 'sub-alliance' team that has overall responsibility for delivery of the entire power and propulsion system. The contract has been awarded by the carrier main alliance partner,

Thales (other-otc: THLEF.PK - news - people ) UK.

Rolls-Royce is also discussing future equipment support options for the two ships, which are due to go into service in 2014 and 2016. The MT30 gas turbines... // Forbes