BAE wins £127m contract to design Navy warship

BAE wins £127m contract to design Navy warship

news.bbc.co.uk

The Ministry of Defence has announced plans to spend £127m to design a new warship for the Royal Navy.

The four-year contract to develop a design for a new frigate, the Type 26, has been won by BAE Systems.

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The Ministry of Defence (MOD) has confirmed the contract in spite of the £700m worth of efficiency savings it has promised to make as part of the government's overall spending cuts.

The Type 26 will be a frigate, like the Types 22 and 23 it will replace. But the Ministry of Defence refers to it as a "combat ship" because it will be expected to be more flexible than its predecessors.

news.bbc.co.uk
(visit the link for the full news article)

Interesting!
I was just reading Discover magazine a few days ago about how BAE was making spy bugs
www.wired.com...

Basically little flying spying things that look like bugs.
I was thinking just the other day to invest in them.

And now this