Published by Global Banking and Finance Review
Posted on January 28, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking and Finance Review
Posted on January 28, 2025
1 min readLast updated: January 27, 2026

The UK has awarded a £285 million contract to BAE Systems to enhance Royal Navy combat systems, improving threat response capabilities amid concerns over Russian spy activities.
LONDON (Reuters) - Britain has awarded a 285-million-pound ($355.57 million) contract to London-listed BAE Systems to upgrade the Ministry of Defence's Royal Navy combat systems, the government said on Tuesday.
Last week, the government said it had monitored a Russian spy ship in the English Channel, and promised to strengthen its response to secret operations by Russian ships and aircraft to protect undersea cables.
The new contract will boost the Royal Navy’s warship combat systems and increase their ability to track, analyse and respond to threats in combat, the statement on Tuesday added.
($1 = 0.8015 pounds)
(Reporting by Muvija M; Editing by David Gregorio)
The UK government has awarded a £285 million ($355.57 million) contract to BAE Systems.
The new contract will boost the Royal Navy’s warship combat systems and improve their ability to track, analyze, and respond to threats in combat.
Last week, the government monitored a Russian spy ship in the English Channel and promised to enhance its response to such operations.
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