Thales missile manufacturing facility to produce 5,000 air defence missiles to Ukraine

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John Campbell

BBC Information NI economics and enterprise editor

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Thales is a French-owned firm situated within the Castlereagh space of Belfast

The Thales missile manufacturing facility in Belfast is to produce 5,000 air defence missiles to Ukraine, the Prime Minister has introduced.

The deal is price as much as £1.6bn and can contain recruiting 200 extra workers.

Thales is a French-owned firm which one in all Europe’s largest arms producers.

The order is for light-weight multirole missiles (LMMs) which Ukrainian forces are already utilizing.

A £162m contract introduced in September final yr noticed 650 LMMs equipped to Ukraine as an preliminary order to ramp up manufacturing, with the primary deliveries in December.

The brand new order is far greater: it’s price an preliminary £1.16bn with the potential for round an additional £500m of labor to be added in collaboration with a Ukrainian trade associate.

The associate agency will manufacture launchers and command and management automobiles for the missiles in Ukraine.

The UK Ministry of Defence mentioned it’s the largest contract ever acquired by Thales in Belfast.

The Defence Secretary John Healey mentioned the deal would “assist shield Ukraine in opposition to drone and missile assaults and assist deter additional Russian aggression following any finish to the preventing”.

The contract has been positioned by the MoD’s procurement arm Defence Tools & Help on behalf of the Ukrainian Authorities.

It will likely be funded by a mortgage underwritten by United Kingdom Export Finance (UKEF) after a deal signed final yr to permit Ukraine to attract on £3.5bn price of help from UKEF to spend with UK trade.