Rolls-Royce Holdings PLC (LSE:RR.) will supply handling systems for the Royal Navy’s next batch of frigates under a new contract with BAE Systems PLC (LSE:BA.).
This will see five Mission Bay Handling Systems built for the navy’s Type 26 City-class frigates in Peterborough, Ontario, taking the total order to eight units.
Such systems replace the need for dockside cranes, according to Rolls-Royce, offering a hydraulic boom which can deploy and retrieve small vessels from the frigates.
“This is a huge win for Rolls-Royce in Canada,” Rolls-Royce programme executive Jessica Banks said, “our [...] system is perfectly designed for modern naval operations”.
Rolls-Royce added the new orders would help create skilled jobs, increasing the workforce in Ontario by 10%.