The British Ministry of Defense (MoD)said on Thursday that it signed three billion pounds (about 6 billion U.S. dollars) contracts over building two new aircraft carriers for the Royal Navy. The contracts were signed with a new British maritime joint venture, formed by BAE Systems and VT Group, called BVT Surface Fleet, and the Aircraft Carrier Alliance onboard existing aircraft carrier and Fleet Flagship HMS Ark Royal at Portsmouth on Thursday, the MoD said in a statement. "The future aircraft carriers, to be named HMS Queen Elizabeth and HMS Prince of Wales, will dramatically improve the UK's ability to project expeditionary air power over the coming decades and will be a highly versatile and potent joint defense asset, able to meet the widest range of tasks," said the ministry. The carriers were expected to enter service...
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