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MoD signs improved contract with AWEML
DB News: 01/04/2016 - 12:51
The Ministry of Defence has secured an improved contract with AWE Management Limited (AWEML) for the management and operation of the Atomic Weapons Establishment sites at Aldermaston, Burghfield and Blacknest.
The contract will ensure better value for money for the taxpayer and drive commercial parters to perform better. It is designed to encourage greater risk sharing between the MoD and AWEML, with performance incentives as well as penalties if targets are not met.
The signing with AWEML follows a review of the contract and commits to provide and maintain the nuclear warhead stockpile for the UK’s deterrent, while ensuring full safety and security.
Defence Secretary Michael Fallon said: “This contract supports the weapons for our nuclear deterrent that keeps us safe while delivering better value for money.”
The contract will run through to 2025 and is subject to regular pricing and reviews.
