Rolls-Royce will manufacture nuclear reactors to power new U.K. submarines under a contract valued at approximately $9.37 billion.

LONDON (Reuters) - Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make and provide support services to nuclear reactors that power its fleet of submarines.

Britain's government on Friday announced a deal with engine-maker Rolls-Royce to support the Royal Navy's fleet of nuclear submarines, seen as boosting economic growth and national security.

The UK awarded a £9 billion ($11 billion) contract to Rolls Royce for the design and manufacture of nuclear reactors to power the nation’s submarine fleet, as Prime Minister Keir Starmer’s Labour government seeks to highlight its commitment to the country’s nuclear deterrent.

The UK government has awarded a £9 billion contract to Rolls-Royce for the production and support of nuclear reactors powering the navy's submarines. This contract, known as Unity, aims to bolster national security,

A deal worth around £9 billion has been struck with Rolls-Royce by the Government to help power Britain’s nuclear submarines. The eight-year contract, dubbed Unity, is aimed at safeguarding 4,000 jobs and creating more than 1,