Rolls Royce wins €250m nuclear contract for EDF

Rolls Royce, which describes itself as a "global power systems company", has won a €250m contract to supply safety instrumentation and control systems for the French nuclear reactor modernisation programme.

The systems will be installed in the twenty-strong French fleet of 1300 mega watt nuclear reactors operated by Electricit de France (EDF).

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Rolls-Royce will provide the "reactor protection system" and the "nuclear instrumentation system" for the power plants to ensure they comply with safety and licensing requirements.

Benoit Chabre, President of Rolls Royce's Instrumentation and Control division said: "We are proud of our relationship with Areva and our long partnership with EDF which spans over forty years. We are pleased that they have once again put their trust in our world-class technologies which help to ensure the safety and performance of their reactors."

Rolls Royce has significantly out-performed the FTSE 100 this year, with its shares up 16% since January, whereas the UK's leading index is down 9%.

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