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Balfour Beatty appointed as exclusive contractor for Rolls-Royce nuclear project
Yahoo Financeยท 2025-09-10 09:22
Core Viewpoint - Balfour Beatty has been appointed by Rolls-Royce as the exclusive contractor for its fissile construction framework, highlighting the company's growing presence in the UK defense market [1][3]. Group 1: Contract Details - The contract involves providing nuclear licensed infrastructure for the production of fissile components that support the Royal Navy's submarine propulsion systems and the new AUKUS submarines [1]. - The scope includes developing new specialized manufacturing and processing facilities and upgrading existing nuclear plant infrastructure essential for fissile material production [2]. Group 2: Strategic Importance - Balfour Beatty's CEO emphasized that this appointment is a strong endorsement of the company's capabilities in the UK defense market, which is one of its four key strategic growth markets [3]. - The partnership with Rolls-Royce reinforces Balfour Beatty's commitment to delivering infrastructure of national importance to the UK [3]. Group 3: Previous Engagements - This announcement follows Balfour Beatty's earlier appointment as Rolls-Royce's non-fissile construction partner in May 2024, which involved expanding the Raynesway site in Derby [3]. - In July 2023, Balfour Beatty, along with Bouygues Travaux Publics and Laing O'Rourke, signed an agreement with Sizewell C for delivering the main civil works at a new power station in Suffolk, England [4].