Rolls-Royce Submarines has signed a $400 million Capability Assured Strategic Partnership (CASP) with Assystem, AtkinsRéalis, and Frazer-Nash to meet the growing nuclear submarine demand of the United Kingdom Royal Navy and under the AUKUS framework.
Rolls-Royce Submarines has established a Capability Assured Strategic Partnership (CASP) with leading industry experts Assystem, AtkinsRéalis, and Frazer-Nash to strengthen its capabilities for submarine programs and the wider Defence Nuclear Organisation.
Largest Supply Chain Agreement in Rolls-Royce History
Valued at approximately £400 million (pounds sterling), this strategic alliance stands out as one of the largest single supply chain contracts in the history of Rolls-Royce Submarines. Having worked with these partners for more than two decades, Rolls-Royce aims through this collaboration to secure its future nuclear technology and engineering capabilities.
Capacity Increase in the Face of AUKUS and Growing Demand
This agreement supports the company’s obligation to meet increasing demand from the Ministry of Defence, and in particular to provide nuclear reactor facilities for the new attack submarines that will power Australia under the AUKUS (Australia, United Kingdom, United States) agreement confirmed in March 2023.
To meet this demand, Rolls-Royce is also accelerating plans to double the footprint of its Raynesway facility in Derby. This expansion will create more than 1,000 skilled positions across multiple disciplines, including manufacturing and engineering, and will generate additional employment throughout the supply chain.
For more than 65 years, Rolls-Royce has powered the Royal Navy’s nuclear submarines and is the only private company in the world capable of managing reactor design, manufacture, and decommissioning within a single organization. With more than 5,000 employees, the company continues to support the ongoing Astute and Dreadnought boat-building programs.
Source: C4Defence / Rolls-Royce
