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Defence Equipment and Support, part of the Ministry of Defence, intends to award a Defence and Security contract to BAE Surface Ships (BAES) for the Sting Ray Mid-Life Upgrade (SRMLU) Demonstration and Initial Manufacture Phase. The contract also includes an option for full manufacture to facilitate refurbishment of existing stockpiles of the Sting Ray MOD 1 Lightweight Torpedo to the enhanced Sting Ray MOD 2 design. The initial contract is for a period of 4 years with an option to extend by up to a further 4 years for full manufacture. The estimated value of the Contract is £600m (incl. VAT).
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