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(Sharecast News) - Britain on Monday said it had signed new contracts worth 36m with defence company Thales to supply hundreds of lightweight multirole missiles (LMM) for the country's armed forces.
Thales has quadrupled its production capability for missiles at its facilities in Northern Ireland since 2022. Deliveries of the newly agreed systems will begin over the next few months.
It added that the LMM was "both battle-proven and highly versatile, used across land, sea and air by the UK and allied nations", and particularly effective against drones.
The UK's Ministry of Defence said the LMMs "have already proven highly effective on operations" and played a key role in defeating drone attacks in the Middle East, with more than 100 shot down.
Reporting by Frank Prenesti for Sharecast.com
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