Rolls-Royce hails US Navy contract win

Engineering group Rolls-Royce yesterday said it had won a contract to supply gas turbines and waterjets for up to 10 of the US Navy's Littoral Combat Ships.

Rolls-Royce already supplies propulsion equipment for some of the Lockheed Martin-built vessels and the new deal extends this with one firm order and options on a further nine ships, Rolls-Royce said.

Neither company gave a value for the contract.

Shares in Rolls-Royce, which have risen 5.3 per cent in the last three months, closed down 0.5p at 654p last night.