Britain’s Ministry of Defence has awarded almost £4 billion ($4.9 billion) in funding to BAE Systems Plc for the next phase of the UK’s nuclear-powered attack submarine program.
Secretary of Defence Grant Shapps said the UK signed contracts worth £3.95 billion pounds ($4.82 billion) to develop advanced submarines, as he talked up Britain’s military credentials on the first day of the Conservative Party conference .
President Joe Biden expressed concern over an effort by the group No Labels to consider mounting a third-party 2024 presidential ticket, saying it would only serve to help elect the Republican nominee.
Ukraine said five ships are heading to its Black Sea ports for loading, while three others recently have left with cargoes, as Kyiv seeks to overcome a Russian blockade of its commodity exports.
Get ready for the new week.
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